Is American College Of Cardiology…

Quick charity verification for American College Of Cardiology Foundation (EIN: 135641985)

Spending Breakdown

How American College Of Cardiology Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

10%

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 American College Of Cardiology Foundation

Is American College Of Cardiology Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, American College Of Cardiology Foundation (EIN: 135641985) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.

Is American College Of Cardiology Foundation a good charity to donate to?

American College Of Cardiology Foundation has a Mission Score of 85/100. Revenue: $150.5M. Assets: $295.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for American College Of Cardiology Foundation?

The Employer Identification Number (EIN) for American College Of Cardiology Foundation is 135641985. 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 American College Of Cardiology Foundation spend its money?

American College Of Cardiology Foundation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify American College Of Cardiology Foundation's tax-exempt status?

You can verify American College Of Cardiology Foundation's tax-exempt status using EIN 135641985 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 American College Of Cardiology Foundation demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. For instance, in 2023, expenses of $125,289,200 were slightly higher than revenues of $124,168,198, indicating a minor operating deficit. The organization maintains substantial assets, growing from $216,897,294 in 2014 to $306,574,064 in 2023, suggesting a healthy balance sheet and capacity for long-term operations. Liabilities have also increased proportionally, reaching $159,211,240 in 2023, which is a common trend for organizations of this scale.

While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent operational scale and asset growth suggest a stable financial foundation. The reported 'Officer Comp=0%' across all filings is a significant indicator of transparency and potentially efficient use of funds, as it implies that the highest-ranking officers are not directly compensated by the foundation itself, or their compensation is reported elsewhere. This practice, if accurate, could contribute positively to public trust and perception of financial stewardship.

Overall, the foundation appears to be financially stable with a strong asset base and a consistent operational footprint. The lack of reported officer compensation is a notable point regarding transparency, though a full assessment would require detailed expense breakdowns from the 990 forms to evaluate spending efficiency across different categories.

Is American College Of Cardiology Foundation Legit?

Verdict: American College Of Cardiology Foundation appears trustworthy

Red Flags

Strengths