Is Ameson Education & Cultural Exchange Foundation Legit?

Quick charity verification for Ameson Education & Cultural Exchange Foundation (EIN: 134017822)

Verdict: Ameson Education & Cultural Exchange Foundation shows mixed signals

55/100Mission Score
$1.8MRevenue
$551KAssets
4Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Ameson Education & Cultural Exchange Foundation has demonstrated consistent revenue generation over the past five years, with its latest reported revenue at $1,821,661. However, the organization has consistently spent more than it earned in the last two reported periods, with expenses exceeding revenue by $112,381 in 2017 and $124,716 in 2016. This trend of deficit spending, coupled with liabilities exceeding assets in the most recent filings ($841,340 in liabilities vs. $551,121 in assets in 2017), raises concerns about its long-term financial stability. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, but the lack of reported officer compensation across all filings, despite significant revenue and expenses, warrants further investigation into how leadership is compensated or if it's entirely volunteer-run.

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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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