Is International Collegiate Licensing Association Legit?
Quick charity verification for International Collegiate Licensing Association (EIN: 10692354)
Verdict: International Collegiate Licensing Association appears trustworthy
88/100Mission Score
$548KRevenue
$1.1MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in provided data
Strengths
Strong asset growth, from $270,874 in 2020 to $825,529 in 2023
Consistently reports 0% officer compensation, indicating efficient use of funds
Low to zero liabilities, suggesting strong financial management and low risk
Consistent revenue generation, with recovery from 2020 dip
Positive net income in most recent years, contributing to asset accumulation
Spending Breakdown
How International Collegiate Licensing Association allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Collegiate Licensing Association
Is International Collegiate Licensing Association a legitimate charity?
Based on AI analysis of IRS 990 filings, International Collegiate Licensing Association (EIN: 10692354) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is International Collegiate Licensing Association a good charity to donate to?
International Collegiate Licensing Association has a Mission Score of 88/100. Revenue: $548K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Collegiate Licensing Association?
The Employer Identification Number (EIN) for International Collegiate Licensing Association is 10692354. 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 Collegiate Licensing Association spend its money?
International Collegiate Licensing Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Collegiate Licensing Association's tax-exempt status?
You can verify International Collegiate Licensing Association's tax-exempt status using EIN 10692354 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 Collegiate Licensing Association (ICLA) demonstrates a generally healthy financial position with consistent revenue generation and a strong asset base. Over the past five years, the organization has seen its assets grow significantly, from $270,874 in 2020 to $825,529 in 2023, indicating effective financial management and accumulation of resources. The ICLA consistently reports zero liabilities in most recent filings, suggesting a very low financial risk profile. Their revenue has fluctuated, with a notable dip in 2020 to $107,026, likely due to pandemic impacts, but has since rebounded strongly to $474,534 in 2023.
Spending efficiency appears to be a strength, particularly in recent years. For example, in 2022, the ICLA reported revenues of $534,426 against expenses of $296,989, indicating a substantial surplus that contributes to asset growth. While specific program spending percentages are not detailed in the provided summary, the overall financial health and asset accumulation suggest that the organization is managing its funds effectively. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for transparency and donor confidence.