Is Academy Of Clinical Research Professionals Legit?
Quick charity verification for Academy Of Clinical Research Professionals (EIN: 20764222)
Verdict: Academy Of Clinical Research Professionals appears trustworthy
70/100Mission Score
$2.4MRevenue
$71KAssets
3Red Flags
3Strengths
Red Flags
Significant deficit in the latest fiscal year (202312) where expenses ($2,593,979) substantially exceeded revenue ($1,657,309).
Dramatic decrease in assets from $783,614 in 2022 to $64,444 in 2023, indicating a potential liquidity issue or major asset disposition.
Consistent reporting of 0% officer compensation, which may obscure actual executive remuneration if it's reported in other expense categories.
Strengths
Consistent filing history with the IRS, demonstrating transparency in reporting.
Absence of reported liabilities in the latest two fiscal years (202212 and 202312), indicating a debt-free status.
Generally stable revenue stream around $2 million for many years prior to the 2023 drop.
Spending Breakdown
How Academy Of Clinical Research Professionals allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Academy Of Clinical Research Professionals
Is Academy Of Clinical Research Professionals a legitimate charity?
Based on AI analysis of IRS 990 filings, Academy Of Clinical Research Professionals (EIN: 20764222) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Academy Of Clinical Research Professionals a good charity to donate to?
Academy Of Clinical Research Professionals has a Mission Score of 70/100. Revenue: $2.4M. Assets: $71K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Academy Of Clinical Research Professionals?
The Employer Identification Number (EIN) for Academy Of Clinical Research Professionals is 20764222. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Academy Of Clinical Research Professionals spend its money?
Academy Of Clinical Research Professionals allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Academy Of Clinical Research Professionals's tax-exempt status?
You can verify Academy Of Clinical Research Professionals's tax-exempt status using EIN 20764222 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Academy Of Clinical Research Professionals demonstrates a consistent operational history with revenues generally hovering around $2 million annually. While the organization has experienced fluctuations, such as a significant drop in assets from $783,614 in 2022 to $64,444 in 2023, and expenses exceeding revenue in the latest filing ($2,593,979 vs. $1,657,309), its long-term financial stability appears moderate. The consistent reporting of zero officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this section of the 990, which would warrant further investigation. The organization's NTEE code S41 (Professional Societies & Associations) suggests its primary activities are likely member services and professional development, which typically have different spending profiles than direct service charities.
The recent financial period (202312) shows a concerning deficit where expenses significantly outstripped revenue, leading to a substantial reduction in assets. This trend, if continued, could impact the organization's long-term viability. However, prior years generally show revenues closely matching or slightly exceeding expenses, indicating a break-even or slight surplus operational model. The absence of reported liabilities in the latest two filings (202212 and 202312) is a positive indicator of financial health, despite the asset reduction.
Overall, the Academy Of Clinical Research Professionals exhibits good transparency regarding executive compensation reporting (or lack thereof) and a consistent filing history. However, the recent financial performance with expenses exceeding revenue and a sharp decline in assets warrants closer scrutiny to understand the underlying causes and the organization's plan to address these challenges.