Accreditation Commission For Education In Nursing Inc
Accreditation Commission For Education In Nursing Inc shows consistent financial growth and no reported officer compensation over a decade.
EIN: 133927791 · Atlanta, GA · NTEE: B03 · Updated: 2026-03-28
About Accreditation Commission For Education In Nursing Inc
Accreditation Commission For Education In Nursing Inc (EIN: 133927791) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B03. The organization reported total revenue of $16.6M and total assets of $20.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Accreditation Commission For Education In Nursing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Accreditation Commission For Education In Nursing Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Accreditation Commission For Education In Nursing Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with assets exceeding $18 million. This suggests either that no compensation is paid to officers, or it is categorized under other expense lines, warranting further investigation into the detailed 990 forms.
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 Accreditation Commission For Education In Nursing Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation across all filings, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for Accreditation Commission For Education In Nursing Inc:
- Consistent financial growth and asset accumulation, with assets increasing from $10.4M in 2014 to $18.7M in 2023.
- Consistent operational surpluses, indicating sound financial management (e.g., $7,198,712 revenue vs. $6,948,652 expenses in 2023).
- Strong transparency with 12 years of consistent IRS 990 filings.
- Low liabilities relative to assets, with liabilities at $6,752,611 against assets of $18,743,736 in 2023.
Frequently Asked Questions about Accreditation Commission For Education In Nursing Inc
How does ACEN manage to report 0% officer compensation for over a decade?
The consistent reporting of 0% officer compensation across all 12 filings is highly unusual for an organization with revenues consistently in the millions. This could mean that officers are unpaid volunteers, or their compensation is reported under different expense categories (e.g., salaries and wages for non-officer staff, or as part of program expenses if officers also perform program services) rather than the specific 'officer compensation' line on the 990. A deeper dive into the full 990 forms would be needed to clarify this.
What is the primary source of ACEN's revenue?
While the provided data only shows total revenue, for an accreditation commission, typical revenue sources would include accreditation fees, membership dues, and potentially grants or conference fees. The consistent revenue stream suggests a stable operational model.
Is ACEN financially stable?
Yes, ACEN appears financially stable. Its assets have grown consistently from $10.4 million in 2014 to $18.7 million in 2023, and it has consistently operated with a surplus, with revenues exceeding expenses in most years (e.g., $7,198,712 revenue vs. $6,948,652 expenses in 2023).
Filing History
IRS 990 filing history for Accreditation Commission For Education In Nursing Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Accreditation Commission For Education In Nursing Inc's revenue has grown by 54.2%, moving from $4.7M to $7.2M. Total assets increased by 133.2% over the same period, from $8.0M to $18.7M. Total functional expenses rose by 78.7%, from $3.9M to $6.9M. In its most recent filing year (2023), Accreditation Commission For Education In Nursing Inc reported a surplus of $250K, with revenue exceeding expenses. The organization holds $6.8M in liabilities against $18.7M in assets (debt-to-asset ratio: 36.0%), resulting in net assets of $12.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $6.9M | $18.7M | $6.8M | — | — |
| 2022 | $6.0M | $5.6M | $18.9M | $8.2M | — | View 990 |
| 2021 | $6.9M | $5.0M | $17.3M | $5.4M | — | View 990 |
| 2020 | $6.1M | $5.4M | $15.9M | $5.4M | — | View 990 |
| 2019 | $6.6M | $5.9M | $14.1M | $4.8M | — | View 990 |
| 2018 | $5.8M | $5.5M | $12.9M | $4.9M | — | View 990 |
| 2017 | $5.9M | $4.7M | $12.7M | $4.7M | — | View 990 |
| 2016 | $5.5M | $4.4M | $10.9M | $4.3M | — | View 990 |
| 2015 | $5.4M | $4.7M | $10.0M | $4.4M | — | View 990 |
| 2014 | $5.2M | $5.2M | $10.4M | $5.2M | — | View 990 |
| 2012 | $4.8M | $4.5M | $10.1M | $5.0M | — | View 990 |
| 2011 | $4.7M | $3.9M | $8.0M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $6.9M, and assets of $18.7M (revenue +20.7% year-over-year).
- 2022: Revenue of $6.0M, expenses of $5.6M, and assets of $18.9M (revenue -13.7% year-over-year).
- 2021: Revenue of $6.9M, expenses of $5.0M, and assets of $17.3M (revenue +13.7% year-over-year).
- 2020: Revenue of $6.1M, expenses of $5.4M, and assets of $15.9M (revenue -8.4% year-over-year).
- 2019: Revenue of $6.6M, expenses of $5.9M, and assets of $14.1M (revenue +13.4% year-over-year).
- 2018: Revenue of $5.8M, expenses of $5.5M, and assets of $12.9M (revenue -1.6% year-over-year).
- 2017: Revenue of $5.9M, expenses of $4.7M, and assets of $12.7M (revenue +7.9% year-over-year).
- 2016: Revenue of $5.5M, expenses of $4.4M, and assets of $10.9M (revenue +2.6% year-over-year).
- 2015: Revenue of $5.4M, expenses of $4.7M, and assets of $10.0M (revenue +2.6% year-over-year).
- 2014: Revenue of $5.2M, expenses of $5.2M, and assets of $10.4M (revenue +8.7% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.5M, and assets of $10.1M (revenue +3.1% year-over-year).
- 2011: Revenue of $4.7M, expenses of $3.9M, and assets of $8.0M.
Data Sources and Methodology
This transparency report for Accreditation Commission For Education In Nursing Inc 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.