Alliance Of Independent Academic Medical Centers
Alliance Of Independent Academic Medical Centers faces recent deficits despite consistent revenue, with declining assets but no officer compensation.
EIN: 10492125 · Canton, OH · NTEE: H05 · Updated: 2026-03-27
Is Alliance Of Independent Academic Medical Centers Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alliance Of Independent Academic Medical Centers directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alliance Of Independent Academic Medical Centers
Alliance Of Independent Academic Medical Centers (EIN: 10492125) is a nonprofit organization based in Canton, OH, classified under NTEE code H05. The organization reported total revenue of $433K and total assets of $198K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alliance Of Independent Academic Medical Centers'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 Alliance Of Independent Academic Medical Centers with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Alliance Of Independent Academic Medical Centers 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 has consistently been reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of its size and operational scope.
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 Alliance Of Independent Academic Medical Centers's IRS 990 filings:
- Recurring operational deficits in recent years (e.g., $86,197 in 2023, $78,340 in 2022).
- Significant decline in assets over the past several years, from $637,471 in 2017 to $231,745 in 2023.
Strengths
The following positive indicators were identified for Alliance Of Independent Academic Medical Centers:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Historically low or zero liabilities, demonstrating sound debt management.
- Consistent revenue generation over a decade, albeit with recent deficits.
Frequently Asked Questions about Alliance Of Independent Academic Medical Centers
Is Alliance Of Independent Academic Medical Centers a legitimate charity?
Based on AI analysis of IRS 990 filings, Alliance Of Independent Academic Medical Centers (EIN: 10492125) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Alliance Of Independent Academic Medical Centers spend its money?
Alliance Of Independent Academic Medical Centers directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alliance Of Independent Academic Medical Centers tax-deductible?
Alliance Of Independent Academic Medical Centers is registered as a tax-exempt nonprofit (EIN: 10492125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the organization sustain operations with recurring deficits, such as the $86,197 deficit in 2023?
The organization has been drawing down its assets to cover operational deficits in recent years, with assets decreasing from $396,282 in 2021 to $231,745 in 2023. This trend is not sustainable long-term without an increase in revenue or reduction in expenses.
What is the long-term strategy for addressing the decline in assets from $637,471 in 2017 to $231,745 in 2023?
The filings do not explicitly state a strategy, but the continued decline suggests a need for strategic financial planning to either boost revenue generation or significantly cut operational costs to rebuild the asset base.
Given the zero officer compensation, how are leadership roles filled and managed?
The zero officer compensation suggests that leadership roles may be filled by volunteers or individuals compensated through other affiliated entities, which is a highly efficient model for the organization itself, but raises questions about the sustainability and capacity of such a structure.
Filing History
IRS 990 filing history for Alliance Of Independent Academic Medical Centers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alliance Of Independent Academic Medical Centers's revenue has grown by 6.4%, moving from $428K to $455K. Total assets decreased by 5% over the same period, from $244K to $232K. Total functional expenses rose by 28.2%, from $422K to $541K. In its most recent filing year (2023), Alliance Of Independent Academic Medical Centers reported a deficit of $86K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $455K | $541K | $232K | $0 | — | View 990 |
| 2022 | $471K | $549K | $318K | $0 | — | View 990 |
| 2021 | $504K | $416K | $396K | $0 | — | View 990 |
| 2020 | $315K | $399K | $310K | $2K | — | View 990 |
| 2019 | $537K | $631K | $393K | $1K | — | View 990 |
| 2018 | $494K | $645K | $487K | $1K | — | View 990 |
| 2017 | $617K | $555K | $637K | $862 | — | — |
| 2016 | $525K | $514K | $576K | $846 | — | View 990 |
| 2015 | $521K | $510K | $567K | $3K | — | View 990 |
| 2014 | $514K | $479K | $559K | $4K | — | View 990 |
| 2013 | $569K | $526K | $522K | $4K | — | View 990 |
| 2012 | $711K | $475K | $479K | $4K | — | View 990 |
| 2011 | $428K | $422K | $244K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $455K, expenses of $541K, and assets of $232K (revenue -3.4% year-over-year).
- 2022: Revenue of $471K, expenses of $549K, and assets of $318K (revenue -6.5% year-over-year).
- 2021: Revenue of $504K, expenses of $416K, and assets of $396K (revenue +59.8% year-over-year).
- 2020: Revenue of $315K, expenses of $399K, and assets of $310K (revenue -41.3% year-over-year).
- 2019: Revenue of $537K, expenses of $631K, and assets of $393K (revenue +8.7% year-over-year).
- 2018: Revenue of $494K, expenses of $645K, and assets of $487K (revenue -19.9% year-over-year).
- 2017: Revenue of $617K, expenses of $555K, and assets of $637K (revenue +17.5% year-over-year).
- 2016: Revenue of $525K, expenses of $514K, and assets of $576K (revenue +0.7% year-over-year).
- 2015: Revenue of $521K, expenses of $510K, and assets of $567K (revenue +1.3% year-over-year).
- 2014: Revenue of $514K, expenses of $479K, and assets of $559K (revenue -9.7% year-over-year).
- 2013: Revenue of $569K, expenses of $526K, and assets of $522K (revenue -19.9% year-over-year).
- 2012: Revenue of $711K, expenses of $475K, and assets of $479K (revenue +66.1% year-over-year).
- 2011: Revenue of $428K, expenses of $422K, and assets of $244K.
Data Sources and Methodology
This transparency report for Alliance Of Independent Academic Medical Centers 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.