Is Association Of International Photography Art Dealers Inc Legit?

Quick charity verification for Association Of International Photography Art Dealers Inc (EIN: 132991884)

Verdict: Association Of International Photography Art Dealers Inc shows mixed signals

65/100Mission Score

$2.6MRevenue

$874KAssets

4Red Flags

3Strengths

Red Flags

Significant deficit in 2023 ($674,522)
Liabilities ($1,259,283 in 2023) exceed assets ($977,762) in the latest filing
Highly volatile revenue and expense patterns year-over-year
Recurring deficits in multiple years (e.g., 2023, 2021, 2018, 2017)

Strengths

0% reported officer compensation across all filings, indicating low executive overhead
History of significant revenue generation in peak years (e.g., $3.5M in 2017)
Positive net assets in several years prior to 2023

Spending Breakdown

How Association Of International Photography Art Dealers 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 Of International Photography Art Dealers Inc

Is Association Of International Photography Art Dealers Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Association Of International Photography Art Dealers Inc (EIN: 132991884) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Association Of International Photography Art Dealers Inc a good charity to donate to?

Association Of International Photography Art Dealers Inc has a Mission Score of 65/100. Revenue: $2.6M. Assets: $874K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Association Of International Photography Art Dealers Inc?

The Employer Identification Number (EIN) for Association Of International Photography Art Dealers Inc is 132991884. 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 International Photography Art Dealers Inc spend its money?

Association Of International Photography Art Dealers Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Association Of International Photography Art Dealers Inc's tax-exempt status?

You can verify Association Of International Photography Art Dealers Inc's tax-exempt status using EIN 132991884 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 International Photography Art Dealers Inc (AIPAD) exhibits fluctuating financial health over the past several years. In 2023, the organization reported expenses of $2,009,990 against revenue of $1,335,468, resulting in a significant deficit. This follows a surplus in 2022 ($1,387,906 revenue vs. $1,368,444 expenses) and deficits in 2021 and 2018. The organization's assets have also shown volatility, decreasing from $977,762 in 2023 to $651,589 in 2022, and then increasing again. A notable concern is the substantial increase in liabilities in 2023 to $1,259,283, exceeding its assets of $977,762, which indicates potential financial strain.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for efficiency. The organization's revenue streams appear to be inconsistent, with a peak of $3,573,896 in 2017 and a low of $130,534 in 2021, suggesting reliance on events or specific funding cycles that can vary significantly year-to-year.

Transparency regarding executive compensation is excellent, with 0% reported for officers in all available periods. However, the lack of detailed expense breakdowns (e.g., program vs. admin) in the provided data limits a comprehensive assessment of spending transparency. The organization's financial stability appears to be a recurring challenge, as evidenced by the frequent deficits and the recent increase in liabilities relative to assets. This pattern suggests a need for more stable revenue generation or tighter expense management to ensure long-term sustainability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.