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Michigan · Nonprofit

NATIONAL EQUIPMENT FINANCE ASSOCIATION

NATIONAL EQUIPMENT FINANCE ASSOCIATION (Michigan) receives grants from 1 organization whose IRS filings report $6,000 to it, the largest being NATIONAL EQUIPMENT FINANCE ASSOCIATION ($6,000). 0 of them have funded it in more than one year.

Revenue FY2025
$1.6M
Funders on record
1
Grants received
$6k
Net assets
$1.5M
0/1 repeat funderspeak grant-dependency 0%
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($792k) Expenses 100 ($552k) Net assets 100 ($1.4M)2018 Revenue 109 ($863k) Expenses 120 ($663k) Net assets 114 ($1.6M)2019 Revenue 120 ($947k) Expenses 126 ($693k) Net assets 132 ($1.9M)2020 Revenue 48 ($382k) Expenses 84 ($465k) Net assets 126 ($1.8M)2021 Revenue 104 ($820k) Expenses 152 ($840k) Net assets 124 ($1.8M)2022 Revenue 170 ($1.3M) Expenses 244 ($1.3M) Net assets 124 ($1.8M)2023 Revenue 219 ($1.7M) Expenses 287 ($1.6M) Net assets 135 ($1.9M)2024 Revenue 205 ($1.6M) Expenses 341 ($1.9M) Net assets 108 ($1.5M)2025 Revenue 199 ($1.6M) Expenses 304 ($1.7M) Net assets 101 ($1.5M)
'17'18'19'20'21'22'23'24'25
Revenue (199)Expenses (304)Net assets (101)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 10%. Grants only. Government contracts and fees sit inside program revenue.

0% of NATIONAL EQUIPMENT FINANCE ASSOCIATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (0% for the typical peer).

This organization
Typical peer · 921 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$240k
’17
$200k
’18
$254k
’19
−$83k
’20
−$19k
’21
−$3k
’22
$153k
’23
−$259k
’24
−$98k
’25
12
months of
reserve
02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

From the IRS filings of NATIONAL EQUIPMENT FINANCE ASSOCIATION’s funders (the co-funder graph). Association, not causation.

Where its funders are

100% of NATIONAL EQUIPMENT FINANCE ASSOCIATION's grant income comes from Michigan funders.

MI

Funder states come from each funder’s own filing.

03Its place in the field

Against its field

NATIONAL EQUIPMENT FINANCE ASSOCIATION holds deeper cash reserves than three-quarters of the 391 membership benefit nonprofits its size.

Operating margin−6% · bottom quartile
Months of reserve12.1mo · top quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 391 membership benefit nonprofits $1M–$10M, FY2025

Organizations like NATIONAL EQUIPMENT FINANCE ASSOCIATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

13
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

GA

Part of a family of 1 related entity

  • Nefa Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NATIONAL EQUIPMENT FINANCE ASSOCIATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NATIONAL EQUIPMENT FINANCE ASSOCIATION?
NATIONAL EQUIPMENT FINANCE ASSOCIATION (Michigan) receives grants from 1 organization whose IRS filings report $6,000 to it, the largest being NATIONAL EQUIPMENT FINANCE ASSOCIATION ($6,000). 0 of them have funded it in more than one year.
How many funders does NATIONAL EQUIPMENT FINANCE ASSOCIATION have?
IRS filings report 1 organization giving $6,000 in grants to NATIONAL EQUIPMENT FINANCE ASSOCIATION.
Who is the largest funder of NATIONAL EQUIPMENT FINANCE ASSOCIATION?
NATIONAL EQUIPMENT FINANCE ASSOCIATION is the largest funder on record, with $6,000 in grants. The full list of funders is on this page.
How can an organization like NATIONAL EQUIPMENT FINANCE ASSOCIATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing