Quick charity verification for Association For Corporate Growth Inc (EIN: 136163137)
Verdict: Association For Corporate Growth Inc appears trustworthy
70/100Mission Score
$27.3MRevenue
$14.5MAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits in multiple years (e.g., $2.5 million in 2023, $600k in 2020, $500k in 2019) indicate potential sustainability challenges if not addressed.
Reporting 0% for officer compensation across all filings for an organization with over $27 million in revenue raises questions about the transparency of executive remuneration.
Significant increase in liabilities to $17.51 million in 2023, which, while supported by assets, warrants scrutiny regarding the nature and management of these obligations.
Strengths
Strong revenue growth, nearly doubling from $12.27 million in 2021 to $26.55 million in 2023, demonstrating effective fundraising and program expansion.
Substantial asset base of $18.77 million in 2023, providing a solid financial foundation.
Consistent filing of IRS 990s over 13 periods, indicating a commitment to regulatory compliance and transparency.
Spending Breakdown
How Association For Corporate Growth Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Association For Corporate Growth Inc
Is Association For Corporate Growth Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Association For Corporate Growth Inc (EIN: 136163137) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Association For Corporate Growth Inc a good charity to donate to?
Association For Corporate Growth Inc has a Mission Score of 70/100. Revenue: $27.3M. Assets: $14.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Association For Corporate Growth Inc?
The Employer Identification Number (EIN) for Association For Corporate Growth Inc is 136163137. 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 Corporate Growth Inc spend its money?
Association For Corporate Growth Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Association For Corporate Growth Inc's tax-exempt status?
You can verify Association For Corporate Growth Inc's tax-exempt status using EIN 136163137 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 Corporate Growth Inc (ACG) demonstrates a pattern of significant revenue growth, particularly in recent years, with revenue nearly doubling from $12.27 million in 2021 to $26.55 million in 2023. However, the organization has experienced periods of operating deficits, notably in 2023 where expenses ($29.06 million) exceeded revenue ($26.55 million) by over $2.5 million. This trend of expenses sometimes outpacing revenue, as also seen in 2020 and 2019, suggests a need for careful financial management to ensure long-term sustainability. While assets have grown substantially, reaching $18.77 million in 2023, liabilities have also increased, indicating a reliance on debt or deferred revenue.
ACG's financial health appears to be in a growth phase, but with some volatility in its operating margins. The organization's assets have generally kept pace with its growth in operations, providing a reasonable financial cushion. The absence of reported officer compensation across all filings suggests that executive leadership may be compensated through other means or that the organization's structure does not involve direct officer compensation reported on the 990, which could impact transparency regarding leadership costs.
Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. However, the consistent growth in revenue and assets indicates a successful fundraising and operational model, despite the occasional operating deficit. The organization's consistent filing of IRS 990s demonstrates a commitment to regulatory transparency.