Is Us Asean Business Council Institute Inc…

Quick charity verification for Us Asean Business Council Institute Inc (EIN: 133218841)

Red Flags

Significant and recurring operational deficits, notably $532,132 in 2023.
Extreme year-over-year financial volatility in both revenue and expenses.
High liabilities relative to assets, reaching $303,785 in 2023 against $325,249 in assets.
Lack of reported officer compensation, potentially obscuring leadership costs.
NTEE code is 'Unknown', hindering clear understanding of programmatic focus and peer comparison.

Spending Breakdown

How Us Asean Business Council Institute 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 Us Asean Business Council Institute Inc

Is Us Asean Business Council Institute Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Us Asean Business Council Institute Inc (EIN: 133218841) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.

Is Us Asean Business Council Institute Inc a good charity to donate to?

Us Asean Business Council Institute Inc has a Mission Score of 45/100. Revenue: $140K. Assets: $340K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Us Asean Business Council Institute Inc?

The Employer Identification Number (EIN) for Us Asean Business Council Institute Inc is 133218841. 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 Us Asean Business Council Institute Inc spend its money?

Us Asean Business Council Institute Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Us Asean Business Council Institute Inc's tax-exempt status?

You can verify Us Asean Business Council Institute Inc's tax-exempt status using EIN 133218841 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 Us Asean Business Council Institute Inc exhibits inconsistent financial performance and significant operational deficits in recent years. In 2023, the organization reported revenue of $165,772 against expenses of $697,904, resulting in a substantial deficit. This follows a similar pattern in 2021 and 2020 where expenses exceeded revenue. While 2022 showed a surplus with $850,222 in revenue against $816,868 in expenses, the overall trend points to challenges in maintaining financial stability. The organization's assets have fluctuated, with a notable decrease from $812,210 in 2022 to $325,249 in 2023, while liabilities have remained significant, reaching $303,785 in 2023. This indicates a reliance on liabilities relative to assets, which could pose long-term risks.

The lack of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation being reported under other expense categories, which could impact transparency regarding leadership costs. The NTEE code being 'Unknown' also hinders a clear understanding of its specific programmatic focus and makes peer comparison difficult. The wide swings in revenue and expenses year-to-year, such as the jump from $116,951 revenue in 2020 to $850,222 in 2022, then down to $165,772 in 2023, suggest an unpredictable funding model or project-based operations that lead to significant financial volatility. This volatility, coupled with recurring deficits, raises concerns about the organization's long-term sustainability and financial planning.

Is Us Asean Business Council Institute Inc Legit?

Verdict: Us Asean Business Council Institute Inc shows mixed signals