Is International Career Advancement Association Legit?
Quick charity verification for International Career Advancement Association (EIN: 205621412)
Verdict: International Career Advancement Association shows mixed signals
65/100Mission Score
$49KRevenue
$57KAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits: Expenses exceeded revenue in both 2022 and 2023.
Fluctuating asset base: Assets decreased from $35,121 in 2022 to $24,601 in 2023, indicating a draw on reserves.
Strengths
No reported liabilities: The organization has consistently reported $0 in liabilities, indicating good debt management.
Efficient executive compensation: 0% officer compensation reported in both filings, suggesting volunteer or very low-cost leadership.
Clear mission alignment: NTEE code P80 (International Affairs) aligns with the organization's name and likely mission.
Spending Breakdown
How International Career Advancement Association 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 International Career Advancement Association
Is International Career Advancement Association a legitimate charity?
Based on AI analysis of IRS 990 filings, International Career Advancement Association (EIN: 205621412) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is International Career Advancement Association a good charity to donate to?
International Career Advancement Association has a Mission Score of 65/100. Revenue: $49K. Assets: $57K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Career Advancement Association?
The Employer Identification Number (EIN) for International Career Advancement Association is 205621412. 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 Career Advancement Association spend its money?
International Career Advancement Association allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Career Advancement Association's tax-exempt status?
You can verify International Career Advancement Association's tax-exempt status using EIN 205621412 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 Career Advancement Association (ICAA) appears to be a small, developing nonprofit with fluctuating financial health. In 2023, the organization reported revenue of $34,792 against expenses of $41,793, indicating a deficit for the period. This follows a similar trend in 2022 where expenses ($40,515) exceeded revenue ($26,247). While the latest reported revenue is $48,777 and assets are $56,791, the historical filings show a pattern of spending more than it earns, which could be a concern for long-term sustainability if not addressed. The organization's liabilities have consistently been reported as $0, which is a positive indicator of financial management regarding debt.
The organization's transparency is good, with two recent 990 filings available. The consistent reporting of 0% officer compensation suggests that the organization is either volunteer-led at the executive level or that compensation falls below reporting thresholds, which can be a sign of efficient use of funds for a small organization. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the overall deficit. The NTEE code P80 (International Affairs) aligns with its mission, suggesting a clear program focus.