Is Asbury Points Inc Legit?

Quick charity verification for Asbury Points Inc (EIN: 161516081)

Verdict: Asbury Points Inc appears trustworthy

75/100Mission Score

$9.6MRevenue

$36.3MAssets

2Red Flags

4Strengths

Red Flags

Consistent 0% officer compensation for an organization of this size, which is highly unusual and may warrant further scrutiny into how executive leadership is compensated or structured.
Significant liabilities that have historically exceeded assets, indicating a potentially high reliance on debt financing, though this trend has improved in recent years.

Strengths

Consistent positive net income in recent years (e.g., $1,225,585 in 2023), indicating financial stability and effective expense management.
Growing asset base, reaching $34,488,494 in 2023, demonstrating an increase in organizational resources.
Long history of IRS 990 filings (13 filings), indicating strong compliance and transparency in reporting.
Revenue growth in recent periods, with 2023 revenue at $6,966,938, up from $5,657,402 in 2022.

Spending Breakdown

How Asbury Points Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Asbury Points Inc

Is Asbury Points Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Asbury Points Inc (EIN: 161516081) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Asbury Points Inc a good charity to donate to?

Asbury Points Inc has a Mission Score of 75/100. Revenue: $9.6M. Assets: $36.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Asbury Points Inc?

The Employer Identification Number (EIN) for Asbury Points Inc is 161516081. 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 Asbury Points Inc spend its money?

Asbury Points Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Asbury Points Inc's tax-exempt status?

You can verify Asbury Points Inc's tax-exempt status using EIN 161516081 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

Asbury Points Inc. demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years, indicating a stable financial position. For example, in 2023, revenue was $6,966,938 against expenses of $5,741,353. The organization's assets have shown growth, reaching $34,488,494 in 2023, though liabilities remain substantial, often exceeding assets in earlier periods, suggesting a reliance on debt financing. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and operational structure, indicating that executive leadership is not drawing salaries from the organization, which is highly unusual for an organization of this size and asset base. This could imply a volunteer-led executive team or that compensation is reported under different categories not captured by 'Officer Comp'.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent positive net income in recent years (e.g., $1,225,585 in 2023 and $120,140 in 2022) suggests that the organization is managing its overall expenditures effectively relative to its income. The lack of reported officer compensation is a significant factor in its operational cost structure, potentially allowing more resources to be directed towards its mission. Further detail on how expenses are categorized would provide a clearer picture of its spending efficiency and program focus.

In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a strong indicator of compliance and public accountability. The explicit reporting of 0% officer compensation, while unusual, is a clear disclosure. However, without a more granular breakdown of expenses beyond total revenue and expenses, a complete picture of where funds are allocated (e.g., specific program services vs. overhead) is not fully available from the provided summary data. This limits the ability to fully evaluate its program spending ratio.

View Full Transparency Report →

Disclaimer

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