Is National Association Of State Boards Of Accountancy Inc Legit?
Quick charity verification for National Association Of State Boards Of Accountancy Inc (EIN: 133448166)
Verdict: National Association Of State Boards Of Accountancy Inc appears trustworthy
85/100Mission Score
$65.2MRevenue
$114.8MAssets
1Red Flags
4Strengths
Red Flags
Unusually low/zero reported officer compensation (0%) across all filings, which may indicate reporting discrepancies or a need for further detail from the full 990.
Strengths
Strong and consistent revenue growth, nearly doubling from $32.2M in 2015 to $65.1M currently.
Significant and continuous asset accumulation, growing from $46.8M in 2015 to $114.8M currently.
Consistent financial surpluses in most years, indicating effective expense management relative to income.
Regular and extensive IRS 990 filing history (14 filings), suggesting a commitment to financial transparency.
Spending Breakdown
How National Association Of State Boards Of Accountancy Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 National Association Of State Boards Of Accountancy Inc
Is National Association Of State Boards Of Accountancy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Association Of State Boards Of Accountancy Inc (EIN: 133448166) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is National Association Of State Boards Of Accountancy Inc a good charity to donate to?
National Association Of State Boards Of Accountancy Inc has a Mission Score of 85/100. Revenue: $65.2M. Assets: $114.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for National Association Of State Boards Of Accountancy Inc?
The Employer Identification Number (EIN) for National Association Of State Boards Of Accountancy Inc is 133448166. 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 National Association Of State Boards Of Accountancy Inc spend its money?
National Association Of State Boards Of Accountancy Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify National Association Of State Boards Of Accountancy Inc's tax-exempt status?
You can verify National Association Of State Boards Of Accountancy Inc's tax-exempt status using EIN 133448166 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 National Association Of State Boards Of Accountancy Inc (NASBA) demonstrates robust financial health, with its assets consistently growing over the past decade, reaching $114,841,655 in the latest period. The organization has shown strong revenue growth, with its latest reported revenue at $65,157,017, a significant increase from $32,284,913 in 2015. This growth has outpaced expenses, leading to substantial net assets. For instance, in the 202407 period, revenue was $46,703,879 against expenses of $38,495,243, indicating a healthy surplus.
NASBA appears to be spending efficiently, consistently operating with a surplus in most years, which contributes to its growing asset base. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial trend suggests effective management of resources. The organization's consistent filing of IRS 990 forms over 14 periods indicates a commitment to transparency regarding its financial operations.
However, without detailed expense breakdowns for program services, management and general, and fundraising, it's challenging to fully assess spending efficiency ratios. The absence of reported officer compensation across all filings is notable and could suggest either very low or zero compensation for officers, or that it's categorized differently within the provided summary data. Further scrutiny of the full 990 forms would be necessary to fully understand the allocation of expenses and executive remuneration.