Is Association Of Independent Commercial Producers Inc Legit?
Quick charity verification for Association Of Independent Commercial Producers Inc (EIN: 132920121)
Verdict: Association Of Independent Commercial Producers Inc appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation, which may warrant further inquiry into how leadership is compensated or structured.
Lack of detailed functional expense breakdown (programs, admin, fundraising) in the provided summary data, limiting precise efficiency analysis.
Strengths
Consistent revenue growth, with 2023 revenue at $8,057,477, up from $4,463,774 in 2020.
Strong financial health, evidenced by revenues consistently exceeding expenses in recent years (e.g., $1.8 million surplus in 2023).
Significant asset accumulation, growing from $740,908 in 2020 to $7,067,348 in 2023, indicating robust financial management and reserve building.
Low liabilities relative to assets, demonstrating strong solvency (e.g., $462,464 liabilities vs. $7,067,348 assets in 2023).
Spending Breakdown
How Association Of Independent Commercial Producers 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
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 Of Independent Commercial Producers Inc
Is Association Of Independent Commercial Producers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Independent Commercial Producers Inc (EIN: 132920121) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Association Of Independent Commercial Producers Inc a good charity to donate to?
Association Of Independent Commercial Producers Inc has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Association Of Independent Commercial Producers Inc?
The Employer Identification Number (EIN) for Association Of Independent Commercial Producers Inc is 132920121. 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 Of Independent Commercial Producers Inc spend its money?
Association Of Independent Commercial Producers Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Association Of Independent Commercial Producers Inc's tax-exempt status?
You can verify Association Of Independent Commercial Producers Inc's tax-exempt status using EIN 132920121 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 Of Independent Commercial Producers Inc (AICP) demonstrates a generally stable financial trajectory, with revenues consistently exceeding expenses in recent years, leading to a healthy accumulation of assets. For instance, in 2023, revenue was $8,057,477 against expenses of $6,202,337, resulting in a net surplus and an increase in assets to $7,067,348. This trend of positive net income and asset growth is evident from 2020 onwards, reversing a period of operating deficits seen in 2018 and 2019. The organization's liabilities remain relatively low compared to its assets, indicating good financial solvency.
While specific breakdowns of program, administrative, and fundraising expenses are not directly provided in the summary data, the consistent reporting of zero officer compensation across all filings suggests a commitment to minimizing executive overhead, which is a positive indicator for spending efficiency. The significant growth in assets, particularly from $740,908 in 2020 to over $7 million in 2023, reflects strong financial management and an ability to build reserves. However, without detailed functional expense reporting, a precise assessment of program spending efficiency versus administrative or fundraising costs is limited.
Overall, AICP appears to be in a strong financial position, characterized by increasing revenues, controlled expenses, and substantial asset growth. The absence of reported officer compensation enhances its transparency profile regarding executive pay. To further improve transparency, more detailed functional expense breakdowns in their public filings would allow for a clearer understanding of how funds are allocated across their mission-related activities versus overhead.