Is Asian Americans Advancing Justice Aajc Inc Legit?
Quick charity verification for Asian Americans Advancing Justice Aajc Inc (EIN: 133619000)
Verdict: Asian Americans Advancing Justice Aajc Inc appears trustworthy
90/100Mission Score
$30.2MRevenue
$40.0MAssets
2Red Flags
4Strengths
Red Flags
Significant revenue fluctuations year-over-year (e.g., $39.3M in 2021 to $11.1M in 2022) could indicate reliance on large, potentially one-time grants or an inconsistent funding model.
The consistent 0% officer compensation reported across all filings might warrant further inquiry to understand if executive compensation is truly zero or if it's reported under other expense categories, which could impact transparency.
Strengths
Strong asset growth, increasing from $6.1 million in 2019 to $43.6 million in 2023, indicating robust financial health.
Low liabilities relative to assets, demonstrating strong solvency and financial management.
Consistent reporting of 0% officer compensation, suggesting a high commitment to directing funds towards the mission.
Generally positive net income in most recent years (e.g., $13.7M revenue vs. $9.46M expenses in 2023), indicating efficient operations.
Spending Breakdown
How Asian Americans Advancing Justice Aajc Inc 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 Asian Americans Advancing Justice Aajc Inc
Is Asian Americans Advancing Justice Aajc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Asian Americans Advancing Justice Aajc Inc (EIN: 133619000) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Asian Americans Advancing Justice Aajc Inc a good charity to donate to?
Asian Americans Advancing Justice Aajc Inc has a Mission Score of 90/100. Revenue: $30.2M. Assets: $40.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Asian Americans Advancing Justice Aajc Inc?
The Employer Identification Number (EIN) for Asian Americans Advancing Justice Aajc Inc is 133619000. 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 Asian Americans Advancing Justice Aajc Inc spend its money?
Asian Americans Advancing Justice Aajc Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Asian Americans Advancing Justice Aajc Inc's tax-exempt status?
You can verify Asian Americans Advancing Justice Aajc Inc's tax-exempt status using EIN 133619000 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
Asian Americans Advancing Justice - AAJC Inc. demonstrates a generally strong financial position, with significant growth in revenue and assets over the past few years. For instance, revenue surged from $3.3 million in 2019 to $39.3 million in 2021, before stabilizing around $11-13 million in 2022 and 2023. This indicates a substantial increase in funding and capacity. The organization consistently maintains a healthy asset base, reaching $43.6 million in 2023, significantly exceeding its liabilities, which stood at $2.29 million in the same year, suggesting good financial stability and solvency.
Spending efficiency appears robust, particularly in recent years where expenses have been well-managed relative to revenue. For example, in 2023, expenses were $9.46 million against revenues of $13.74 million, indicating a surplus. While there was a deficit in 2022 (expenses of $14.34 million against revenues of $11.13 million), this followed a substantial surplus in 2021 (expenses of $10.06 million against revenues of $39.30 million). The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries, although it's important to verify if this means compensation is reported under other categories or if executives are truly uncompensated.
The organization's financial trajectory shows a period of rapid expansion and subsequent stabilization. The significant increase in assets from $6.1 million in 2019 to $43.6 million in 2023 further solidifies its financial health. The low liability-to-asset ratio consistently observed across filings suggests a well-managed balance sheet. Overall, Asian Americans Advancing Justice - AAJC Inc. appears to be a financially sound and efficiently managed organization, with a strong commitment to transparency regarding executive compensation.