Quick charity verification for Association For Asian American Studies (EIN: 161456606)
Verdict: Association For Asian American Studies appears trustworthy
85/100Mission Score
$233KRevenue
$351KAssets
2Red Flags
4Strengths
Red Flags
Significant year-to-year fluctuations in revenue and expenses, making financial forecasting challenging.
Operating deficit in the most recent period (202406) where expenses ($278,240) exceeded revenue ($258,322).
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
No reported liabilities in any of the 14 filings, demonstrating strong financial health and solvency.
Healthy asset base, with assets of $325,278 in the latest period (202406), providing financial stability.
Long history of consistent IRS 990 filings (14 filings), indicating strong transparency and compliance.
Spending Breakdown
How Association For Asian American Studies allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Association For Asian American Studies
Is Association For Asian American Studies a legitimate charity?
Based on AI analysis of IRS 990 filings, Association For Asian American Studies (EIN: 161456606) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Association For Asian American Studies a good charity to donate to?
Association For Asian American Studies has a Mission Score of 85/100. Revenue: $233K. Assets: $351K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Association For Asian American Studies?
The Employer Identification Number (EIN) for Association For Asian American Studies is 161456606. 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 Association For Asian American Studies spend its money?
Association For Asian American Studies allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Association For Asian American Studies's tax-exempt status?
You can verify Association For Asian American Studies's tax-exempt status using EIN 161456606 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 Association For Asian American Studies demonstrates a generally stable financial position with some fluctuations in revenue and expenses over the past few years. In the most recent period (202406), the organization reported revenue of $258,322 against expenses of $278,240, indicating a slight operating deficit. However, its assets remain solid at $325,278 with no reported liabilities, suggesting good financial management and solvency. The organization's financial health appears robust enough to absorb minor deficits, especially given its history of periods with significant surpluses, such as in 202106 where revenue was $557,411 against expenses of $88,903.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all filings is a strong indicator of efficient use of funds, as it suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. The absence of liabilities further reinforces a picture of responsible financial stewardship.
Transparency is high given the consistent filing of IRS Form 990s over 14 periods and the clear reporting of key financial metrics. The organization's commitment to not reporting any officer compensation enhances its transparency profile, as it suggests a focus on mission over executive pay. While a more granular breakdown of expenses would further enhance transparency, the available data points to a well-managed and accountable nonprofit.