Is Asian Corporate And Entrepreneur Leaders…

Quick charity verification for Asian Corporate And Entrepreneur Leaders (EIN: 205567184)

Strengths

Consistent revenue growth, increasing from $30,230 in 2011 to $279,576 in the latest period.
Zero liabilities reported across all filings, indicating exceptional financial management and a debt-free operation.
Significant asset accumulation, growing from $43,181 in 2011 to $475,415 currently.
0% officer compensation reported, suggesting a highly efficient, volunteer-driven leadership and a strong focus on program delivery.
Expenses consistently well below revenue, allowing for healthy asset growth and reinvestment into the organization.

Spending Breakdown

How Asian Corporate And Entrepreneur Leaders allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Asian Corporate And Entrepreneur Leaders

Is Asian Corporate And Entrepreneur Leaders a legitimate charity?

Based on AI analysis of IRS 990 filings, Asian Corporate And Entrepreneur Leaders (EIN: 205567184) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Asian Corporate And Entrepreneur Leaders a good charity to donate to?

Asian Corporate And Entrepreneur Leaders has a Mission Score of 92/100. Revenue: $280K. Assets: $475K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Asian Corporate And Entrepreneur Leaders?

The Employer Identification Number (EIN) for Asian Corporate And Entrepreneur Leaders is 205567184. 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 Corporate And Entrepreneur Leaders spend its money?

Asian Corporate And Entrepreneur Leaders allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Asian Corporate And Entrepreneur Leaders's tax-exempt status?

You can verify Asian Corporate And Entrepreneur Leaders's tax-exempt status using EIN 205567184 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 Corporate And Entrepreneur Leaders (ACEL) demonstrates strong financial health and a commendable commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown consistent growth in revenue and assets over the past several years, with its latest reported revenue at $279,576 and assets at $475,415. Notably, ACEL has consistently reported zero liabilities across all available filings, indicating excellent financial management and a debt-free operation. This strong balance sheet position provides a solid foundation for its programs.

ACEL's spending efficiency appears robust, with expenses consistently well below revenue, allowing for asset accumulation. For instance, in 2023, expenses were $234,380 against revenues of $321,788. The organization's transparency is high, particularly given its consistent filing of IRS Form 990s and the clear financial picture presented. The absence of reported officer compensation further enhances its transparency and suggests that resources are primarily directed towards programmatic activities and organizational growth rather than executive salaries.

Overall, ACEL exhibits characteristics of a well-managed and financially sound nonprofit. Its growth trajectory, lack of liabilities, and apparent focus on program delivery, supported by the absence of officer compensation, paint a positive picture of its financial health and operational integrity. The organization's ability to grow its assets from $43,181 in 2011 to $475,415 currently, while maintaining zero liabilities, is a significant strength.

Is Asian Corporate And Entrepreneur Leaders Legit?

Verdict: Asian Corporate And Entrepreneur Leaders appears trustworthy