Academy Of Clinical Research Professionals
Academy Of Clinical Research Professionals faces recent deficit with expenses exceeding revenue and significant asset reduction.
EIN: 20764222 · Alexandria, VA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $64K |
| Transparency Score | 70/100 |
Is Academy Of Clinical Research Professionals Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Academy Of Clinical Research Professionals directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Academy Of Clinical Research Professionals
Academy Of Clinical Research Professionals (EIN: 20764222) is a nonprofit organization based in Alexandria, VA, classified under NTEE code S41. The organization reported total revenue of $2.4M and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy Of Clinical Research Professionals's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Academy Of Clinical Research Professionals is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-936,670 |
| Total Assets | $64K |
| Net Assets | $64K |
| Operating Margin | -56.5% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2023, Academy Of Clinical Research Professionals reported a deficit of $937K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Academy Of Clinical Research Professionals's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.0% | +38.4% | -91.8% |
| 2022 | -8.4% | -8.0% | +1.1% |
| 2021 | +4.5% | -1.0% | +8.0% |
| 2020 | -5.3% | +4.1% | -14.2% |
| 2019 | -4.2% | +10.7% | +6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Academy Of Clinical Research Professionals with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Academy Of Clinical Research Professionals allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $937K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which suggests either that no officers receive compensation or that compensation is reported under other categories, requiring further investigation to fully assess executive pay relative to the organization's size and revenue of approximately $2 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Academy Of Clinical Research Professionals's IRS 990 filings:
- Significant deficit in the latest fiscal year (202312) where expenses ($2,593,979) substantially exceeded revenue ($1,657,309).
- Dramatic decrease in assets from $783,614 in 2022 to $64,444 in 2023, indicating a potential liquidity issue or major asset disposition.
- Consistent reporting of 0% officer compensation, which may obscure actual executive remuneration if it's reported in other expense categories.
Strengths
The following positive indicators were identified for Academy Of Clinical Research Professionals:
- Consistent filing history with the IRS, demonstrating transparency in reporting.
- Absence of reported liabilities in the latest two fiscal years (202212 and 202312), indicating a debt-free status.
- Generally stable revenue stream around $2 million for many years prior to the 2023 drop.
Frequently Asked Questions about Academy Of Clinical Research Professionals
Is Academy Of Clinical Research Professionals a legitimate charity?
Academy Of Clinical Research Professionals (EIN: 20764222) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Academy Of Clinical Research Professionals spend its money?
Academy Of Clinical Research Professionals directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Academy Of Clinical Research Professionals tax-deductible?
Academy Of Clinical Research Professionals is registered as a tax-exempt nonprofit (EIN: 20764222). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Academy Of Clinical Research Professionals CEO make?
Academy Of Clinical Research Professionals's highest-compensated officer earns $2 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Academy Of Clinical Research Professionals's spending goes to programs?
Academy Of Clinical Research Professionals directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Academy Of Clinical Research Professionals compare to similar nonprofits?
With a transparency score of 70/100 (Good), Academy Of Clinical Research Professionals is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Academy Of Clinical Research Professionals located?
Academy Of Clinical Research Professionals is headquartered in Alexandria, Virginia and files with the IRS under EIN 20764222. It is classified under NTEE code S41.
How many years of IRS 990 filings does Academy Of Clinical Research Professionals have?
Academy Of Clinical Research Professionals has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.4M in total revenue.
Why did assets decrease so dramatically from $783,614 in 2022 to $64,444 in 2023?
The IRS 990 filings show a significant reduction in assets, which could be due to investments, operational losses, or reclassification of funds. Further details would be needed from the organization's financial statements to understand the specific reasons for this change.
What caused expenses to exceed revenue by nearly $1 million in the 202312 period?
In the 202312 period, expenses were $2,593,979 while revenue was $1,657,309, resulting in a substantial deficit. This could be due to one-time expenditures, a decline in membership or event revenue, or increased operational costs. The organization's detailed financial statements would provide clarity.
Is the reported 0% officer compensation accurate, or is executive pay reported elsewhere?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It's important to verify if executive compensation is indeed zero or if it's categorized under other expenses, such as salaries and wages for key employees not classified as officers, which would impact the true administrative cost.
Filing History
IRS 990 filing history for Academy Of Clinical Research Professionals showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Academy Of Clinical Research Professionals's revenue has declined by 16%, moving from $2.0M to $1.7M. Total assets decreased by 82.7% over the same period, from $372K to $64K. Total functional expenses rose by 31.6%, from $2.0M to $2.6M. In its most recent filing year (2023), Academy Of Clinical Research Professionals reported a deficit of $937K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.6M | $64K | $0 | — | — |
| 2022 | $1.9M | $1.9M | $784K | $0 | — | View 990 |
| 2021 | $2.1M | $2.0M | $775K | $93K | — | View 990 |
| 2020 | $2.0M | $2.1M | $718K | $128K | — | View 990 |
| 2019 | $2.1M | $2.0M | $836K | $155K | — | — |
| 2018 | $2.2M | $1.8M | $788K | $188K | — | View 990 |
| 2017 | $2.1M | $2.1M | $420K | $203K | — | — |
| 2016 | $1.9M | $1.9M | $507K | $296K | — | View 990 |
| 2015 | $2.0M | $2.0M | $488K | $281K | — | View 990 |
| 2014 | $2.0M | $2.0M | $397K | $191K | — | View 990 |
| 2013 | $2.0M | $2.0M | $392K | $189K | — | View 990 |
| 2012 | $2.2M | $2.2M | $359K | $159K | — | View 990 |
| 2011 | $2.0M | $2.0M | $372K | $178K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.6M, and assets of $64K (revenue -12.0% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.9M, and assets of $784K (revenue -8.4% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.0M, and assets of $775K (revenue +4.5% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.1M, and assets of $718K (revenue -5.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $836K (revenue -4.2% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.8M, and assets of $788K (revenue +1.1% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.1M, and assets of $420K (revenue +13.8% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $507K (revenue -4.7% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $488K (revenue -1.1% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.0M, and assets of $397K (revenue -2.0% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $392K (revenue -6.7% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.2M, and assets of $359K (revenue +10.8% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.0M, and assets of $372K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Academy Of Clinical Research Professionals:
Data Sources and Methodology
This transparency report for Academy Of Clinical Research Professionals is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.