American Association Of Cosmetology Schools Inc
American Association Of Cosmetology Schools Inc shows strong revenue growth and financial surplus in 2023 after years of fluctuating performance.
EIN: 136163824 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $1.7M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.2M |
| Transparency Score | 75/100 |
Is American Association Of Cosmetology Schools Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Association Of Cosmetology Schools Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About American Association Of Cosmetology Schools Inc
American Association Of Cosmetology Schools Inc (EIN: 136163824) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $2.7M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Association Of Cosmetology Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Association Of Cosmetology Schools Inc is a mid-size nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$732K |
| Total Assets | $1.5M |
| Total Liabilities | $244K |
| Net Assets | $1.2M |
| Operating Margin | 30.1% |
| Debt-to-Asset Ratio | 16.4% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2023, American Association Of Cosmetology Schools Inc reported a surplus of $732K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 16.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), American Association Of Cosmetology Schools Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.2% | +11.1% | +93.0% |
| 2022 | +43.1% | +18.2% | -32.3% |
| 2021 | -24.1% | +4.8% | +1.6% |
| 2020 | -15.5% | -32.3% | -0.3% |
| 2019 | -5.0% | -2.5% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
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 American Association Of Cosmetology Schools Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, American Association Of Cosmetology Schools Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $732K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.4%.
Executive Compensation Analysis
Executive compensation is consistently 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 with revenues exceeding $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 American Association Of Cosmetology Schools Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full efficiency assessment.
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for American Association Of Cosmetology Schools Inc:
- Significant revenue growth and financial surplus in the most recent filing (2023), indicating improved financial health.
- Consistent filing of IRS 990s over 13 periods, demonstrating regulatory compliance.
- Positive asset growth in 2023, improving financial stability.
- Manageable liabilities relative to assets.
Frequently Asked Questions about American Association Of Cosmetology Schools Inc
Is American Association Of Cosmetology Schools Inc a legitimate charity?
American Association Of Cosmetology Schools Inc (EIN: 136163824) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does American Association Of Cosmetology Schools Inc spend its money?
American Association Of Cosmetology Schools Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to American Association Of Cosmetology Schools Inc tax-deductible?
American Association Of Cosmetology Schools Inc is registered as a tax-exempt nonprofit (EIN: 136163824). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the American Association Of Cosmetology Schools Inc CEO make?
American Association Of Cosmetology Schools Inc's highest-compensated officer earns $2 annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of American Association Of Cosmetology Schools Inc's spending goes to programs?
American Association Of Cosmetology Schools Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is American Association Of Cosmetology Schools Inc located?
American Association Of Cosmetology Schools Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 136163824.
How many years of IRS 990 filings does American Association Of Cosmetology Schools Inc have?
American Association Of Cosmetology Schools Inc 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 $2.7M in total revenue.
Why is officer compensation consistently reported as 0%?
The filings consistently show 0% officer compensation, which could mean officers are volunteers, compensated through other means not reported as direct compensation, or the organization has a unique compensation structure. Further investigation into their operational model would be needed.
What are the specific program activities funded by the organization?
The provided data does not detail the specific program activities. To understand this, one would need to review the full IRS 990 forms, specifically Part III (Statement of Program Service Accomplishments).
How does the organization manage its significant revenue fluctuations?
The organization has experienced significant revenue fluctuations, from $1,066,197 in 2021 to $2,428,227 in 2023. The recent surplus in 2023 suggests effective expense management in that period, but the historical data indicates a need for robust financial planning to navigate these changes.
Filing History
IRS 990 filing history for American Association Of Cosmetology Schools Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), American Association Of Cosmetology Schools Inc's revenue has grown by 33.8%, moving from $1.8M to $2.4M. Total assets increased by 6.3% over the same period, from $1.4M to $1.5M. Total functional expenses fell by 4%, from $1.8M to $1.7M. In its most recent filing year (2023), American Association Of Cosmetology Schools Inc reported a surplus of $732K, with revenue exceeding expenses. The organization holds $244K in liabilities against $1.5M in assets (debt-to-asset ratio: 16.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $1.7M | $1.5M | $244K | — | — |
| 2022 | $1.5M | $1.5M | $770K | $331K | — | View 990 |
| 2021 | $1.1M | $1.3M | $1.1M | $578K | — | View 990 |
| 2020 | $1.4M | $1.2M | $1.1M | $360K | — | View 990 |
| 2019 | $1.7M | $1.8M | $1.1M | $594K | — | View 990 |
| 2018 | $1.7M | $1.9M | $1.1M | $494K | — | View 990 |
| 2017 | $1.4M | $1.7M | $1.5M | $723K | — | View 990 |
| 2017 | $1.8M | $1.9M | $1.7M | $579K | — | View 990 |
| 2016 | $2.1M | $2.2M | $1.6M | $417K | — | View 990 |
| 2015 | $2.1M | $1.9M | $1.9M | $536K | — | View 990 |
| 2014 | $2.0M | $1.7M | $1.8M | $545K | — | View 990 |
| 2013 | $1.9M | $1.8M | $1.4M | $465K | — | View 990 |
| 2012 | $1.8M | $1.8M | $1.4M | $532K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $1.7M, and assets of $1.5M (revenue +59.2% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $770K (revenue +43.1% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.3M, and assets of $1.1M (revenue -24.1% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.2M, and assets of $1.1M (revenue -15.5% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $1.1M (revenue -5.0% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.9M, and assets of $1.1M (revenue +27.9% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.7M, and assets of $1.5M (revenue -21.9% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.9M, and assets of $1.7M (revenue -15.2% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.2M, and assets of $1.6M (revenue -1.1% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.9M, and assets of $1.9M (revenue +3.2% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.7M, and assets of $1.8M (revenue +4.3% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.8M, and assets of $1.4M (revenue +6.8% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.8M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Association Of Cosmetology Schools Inc:
Data Sources and Methodology
This transparency report for American Association Of Cosmetology Schools 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.