Is American Society Of Costsegregation Professionals Inc Legit?
Quick charity verification for American Society Of Costsegregation Professionals Inc (EIN: 205833803)
Verdict: American Society Of Costsegregation Professionals Inc appears trustworthy
90/100Mission Score
$218KRevenue
$166KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided summary data, making precise spending efficiency analysis difficult.
Strengths
Consistent revenue growth, increasing from $100,134 in 2014 to $214,225 in 2023.
Zero reported officer compensation across all 14 filings, indicating high efficiency and dedication to mission.
Consistent operating surplus, with revenues exceeding expenses in most years, contributing to asset growth.
Healthy growth in assets, from $73,087 in 2014 to $199,269 in 2023, demonstrating financial stability.
Strong filing history with 14 IRS 990 filings, indicating good compliance and transparency.
Spending Breakdown
How American Society Of Costsegregation Professionals Inc 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 American Society Of Costsegregation Professionals Inc
Is American Society Of Costsegregation Professionals Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Society Of Costsegregation Professionals Inc (EIN: 205833803) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is American Society Of Costsegregation Professionals Inc a good charity to donate to?
American Society Of Costsegregation Professionals Inc has a Mission Score of 90/100. Revenue: $218K. Assets: $166K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Society Of Costsegregation Professionals Inc?
The Employer Identification Number (EIN) for American Society Of Costsegregation Professionals Inc is 205833803. 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 Society Of Costsegregation Professionals Inc spend its money?
American Society Of Costsegregation Professionals Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Society Of Costsegregation Professionals Inc's tax-exempt status?
You can verify American Society Of Costsegregation Professionals Inc's tax-exempt status using EIN 205833803 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 Society Of Costsegregation Professionals Inc (ASCP) demonstrates consistent financial stability and growth over the past decade. Revenue has steadily increased from $100,134 in 2014 to $214,225 in 2023, indicating a growing base of support or activity. The organization consistently operates with a surplus, as seen in 2023 where revenues of $214,225 exceeded expenses of $199,486, contributing to a healthy asset base of $199,269. This financial prudence suggests effective management of resources.
Regarding spending efficiency, the ASCP's consistent reporting of 0% officer compensation across all available filings is a significant indicator of strong financial stewardship and a commitment to directing funds towards its mission rather than executive salaries. While a detailed functional expense breakdown (program, administrative, fundraising) is not explicitly provided in the summary data, the absence of officer compensation implies a lean operational structure. The organization's assets have also grown substantially, from $73,087 in 2014 to $199,269 in 2023, further solidifying its financial health.
Transparency is generally good, with 14 filings available, demonstrating consistent reporting to the IRS. The clear trend of increasing revenue and assets, coupled with zero reported officer compensation, paints a picture of an organization focused on its stated purpose. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for external analysis.