Is International Association For College Admission Counseling Inc Legit?
Quick charity verification for International Association For College Admission Counseling Inc (EIN: 141827265)
Verdict: International Association For College Admission Counseling Inc appears trustworthy
85/100Mission Score
$1.5MRevenue
$2.3MAssets
1Red Flags
4Strengths
Red Flags
0% officer compensation reported across all filings, which is unusual for an organization of this size and could indicate compensation is reported elsewhere or that leadership is entirely volunteer, requiring further clarification for full transparency.
Strengths
Consistent revenue growth, increasing from $941,286 in 2014 to $1,493,011 in 2023.
Strong asset accumulation, growing from $773,086 in 2014 to $1,963,373 in 2023, indicating robust financial health.
Extremely low liabilities across all reported periods (e.g., $19,654 in 2023), demonstrating excellent financial management and low financial risk.
Expenses consistently below revenue in most years, allowing for healthy asset growth (e.g., 2023 revenue $1,493,011 vs. expenses $1,325,802).
Spending Breakdown
How International Association For College Admission Counseling 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 International Association For College Admission Counseling Inc
Is International Association For College Admission Counseling Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, International Association For College Admission Counseling Inc (EIN: 141827265) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is International Association For College Admission Counseling Inc a good charity to donate to?
International Association For College Admission Counseling Inc has a Mission Score of 85/100. Revenue: $1.5M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Association For College Admission Counseling Inc?
The Employer Identification Number (EIN) for International Association For College Admission Counseling Inc is 141827265. 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 International Association For College Admission Counseling Inc spend its money?
International Association For College Admission Counseling Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Association For College Admission Counseling Inc's tax-exempt status?
You can verify International Association For College Admission Counseling Inc's tax-exempt status using EIN 141827265 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 International Association For College Admission Counseling Inc (IACAC) demonstrates a generally healthy financial position with consistent revenue growth over the past decade, reaching $1,493,011 in 2023. The organization has also built a substantial asset base, reported at $1,963,373 in 2023, indicating good financial stewardship and reserves. Their liabilities are consistently very low, often negligible, which is a strong indicator of financial stability and low risk.
Spending efficiency appears to be reasonable, with expenses generally below revenue, allowing for asset accumulation. For instance, in 2023, expenses were $1,325,802 against $1,493,011 in revenue. A notable aspect of IACAC's financial management is the reported 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, which could be a positive for program spending if true, or a point for further inquiry regarding full compensation transparency. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging, but the overall financial trends are positive.
Transparency is generally good through their consistent filing of IRS Form 990s. However, the lack of reported officer compensation across all filings, while potentially positive, could also be a point of ambiguity if key personnel are compensated in ways not captured by this specific line item. Further detail on the allocation of expenses (program vs. admin vs. fundraising) would enhance transparency and allow for a more granular assessment of their operational efficiency.