Is American Institute Of Certified Public Accountants Foundation Legit?

Quick charity verification for American Institute Of Certified Public Accountants Foundation (EIN: 136169602)

Verdict: American Institute Of Certified Public Accountants Foundation appears trustworthy

75/100Mission Score
$2.4MRevenue
$8.7MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How American Institute Of Certified Public Accountants 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 Institute Of Certified Public Accountants Foundation

Is American Institute Of Certified Public Accountants Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, American Institute Of Certified Public Accountants Foundation (EIN: 136169602) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is American Institute Of Certified Public Accountants Foundation a good charity to donate to?

American Institute Of Certified Public Accountants Foundation has a Mission Score of 75/100. Revenue: $2.4M. Assets: $8.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for American Institute Of Certified Public Accountants Foundation?

The Employer Identification Number (EIN) for American Institute Of Certified Public Accountants Foundation is 136169602. 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 Institute Of Certified Public Accountants Foundation spend its money?

American Institute Of Certified Public Accountants Foundation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify American Institute Of Certified Public Accountants Foundation's tax-exempt status?

You can verify American Institute Of Certified Public Accountants Foundation's tax-exempt status using EIN 136169602 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 Institute Of Certified Public Accountants Foundation demonstrates a consistent operational pattern, with expenses frequently exceeding revenue in recent years. For instance, in 2023, expenses were $2,275,325 against revenues of $1,396,709, and in 2022, expenses were $2,496,320 against revenues of $1,200,256. This trend suggests reliance on accumulated assets or prior period surpluses to cover operational costs. The organization's assets have seen a decline from a peak of $13,657,786 in 2017 to $8,762,743 in 2023, indicating a draw-down on reserves. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and efficient use of funds, as it suggests that executive leadership is either unpaid or compensated by an affiliated entity, reducing direct overhead for the foundation itself. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the executive compensation aspect. The foundation's financial health, while stable in terms of asset base, shows a recurring deficit in annual operations. This is not necessarily a red flag if it's part of a planned spending strategy utilizing endowments or restricted funds, but it warrants closer examination of the source of funds covering these deficits. The significant asset base of $8,681,017 (latest reported) provides a buffer, but the sustained trend of expenses outpacing revenue could lead to long-term sustainability concerns if not addressed or explained. The lack of reported officer compensation is a positive sign for donor confidence regarding administrative costs.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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