Quick charity verification for African Community Education Program (EIN: 141970474)
Verdict: African Community Education Program appears trustworthy
90/100Mission Score
$2.6MRevenue
$9.0MAssets
2Red Flags
5Strengths
Red Flags
Unusually high revenue growth in recent years may warrant closer examination of funding sources to ensure sustainability and diversity.
Consistent 0% officer compensation for an organization with over $6 million in revenue is highly unusual and might suggest alternative compensation structures not captured in this metric, or a fully volunteer leadership.
Strengths
Exceptional revenue growth, particularly from $1.6M in 2021 to $6.6M in 2023.
Strong financial health with assets significantly exceeding liabilities ($9.1M assets vs. $282K liabilities in 2023).
Consistent reporting of 0% officer compensation, indicating a high dedication of funds to programs.
Positive net income trend, with revenue consistently exceeding expenses in recent years.
Significant increase in assets, demonstrating effective financial management and accumulation of resources for future programs.
Spending Breakdown
How African Community Education Program allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 African Community Education Program
Is African Community Education Program a legitimate charity?
Based on AI analysis of IRS 990 filings, African Community Education Program (EIN: 141970474) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is African Community Education Program a good charity to donate to?
African Community Education Program has a Mission Score of 90/100. Revenue: $2.6M. Assets: $9.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for African Community Education Program?
The Employer Identification Number (EIN) for African Community Education Program is 141970474. 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 African Community Education Program spend its money?
African Community Education Program allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify African Community Education Program's tax-exempt status?
You can verify African Community Education Program's tax-exempt status using EIN 141970474 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
African Community Education Program (ACE) demonstrates strong financial health and growth, particularly in its most recent filing period. The organization reported a significant increase in revenue to $6,692,430 in 2023, far exceeding its expenses of $2,168,128, indicating a substantial surplus. This trend of revenue growth outstripping expenses is consistent over the past few years, leading to a healthy accumulation of assets, reaching $9,115,212 in 2023. The organization's liabilities remain relatively low compared to its assets, suggesting good financial management and solvency. A notable aspect of ACE's financial operations is the consistent reporting of 0% officer compensation across all available filings, which speaks to a commitment to directing funds towards its mission rather than executive salaries. This practice enhances transparency and trust, as it suggests a volunteer-driven or very modestly compensated leadership structure.