American Caribbean Experience Inc
American Caribbean Experience Inc. faces recurring deficits and declining assets despite consistent revenue.
EIN: 10608595 · Sandy Springs, GA · NTEE: Q30 · Updated: 2026-03-27
Is American Caribbean Experience Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Caribbean Experience Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Caribbean Experience Inc
American Caribbean Experience Inc (EIN: 10608595) is a nonprofit organization based in Sandy Springs, GA, classified under NTEE code Q30. The organization reported total revenue of $1.5M and total assets of $401K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Caribbean Experience 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 American Caribbean Experience 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, American Caribbean Experience 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 consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with over $1 million in annual revenue and suggests a volunteer-led executive team.
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 Caribbean Experience Inc's IRS 990 filings:
- Recurring operational deficits (e.g., 2023, 2022, 2019)
- Significant decline in assets over recent years (from $1.8M in 2017 to $289K in 2023)
- Increasing liabilities trend (from $2.5K in 2014 to $225K in 2023)
Strengths
The following positive indicators were identified for American Caribbean Experience Inc:
- Consistent revenue generation above $1 million annually
- 0% officer compensation reported, indicating volunteer leadership and high dedication of funds to mission
- Long filing history (13 filings) demonstrating transparency
Frequently Asked Questions about American Caribbean Experience Inc
Is American Caribbean Experience Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Caribbean Experience Inc (EIN: 10608595) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does American Caribbean Experience Inc spend its money?
American Caribbean Experience Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Caribbean Experience Inc tax-deductible?
American Caribbean Experience Inc is registered as a tax-exempt nonprofit (EIN: 10608595). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Caribbean Experience Inc. financially stable?
The organization's financial stability is a concern due to recurring deficits in recent years (e.g., 2023 and 2022) and a significant decline in assets from nearly $1.9 million in 2017 to $289,005 in 2023, coupled with increasing liabilities.
How does American Caribbean Experience Inc. manage its expenses?
Expenses have frequently exceeded revenue in recent periods, such as $1,421,125 in expenses against $1,233,742 in revenue in 2023, suggesting a need for better expense management or increased fundraising to cover operational costs.
What is the trend in the organization's assets and liabilities?
Assets have shown a downward trend, decreasing from a peak of $1,892,962 in 2017 to $289,005 in 2023. Concurrently, liabilities have increased substantially from $2,564 in 2014 to $225,060 in 2023, indicating a weakening balance sheet.
Does the organization pay its officers?
No, all available IRS 990 filings consistently report 0% officer compensation, indicating that the organization's leadership is unpaid.
Filing History
IRS 990 filing history for American Caribbean Experience Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Caribbean Experience Inc's revenue has grown by 62.4%, moving from $760K to $1.2M. Total assets decreased by 57.2% over the same period, from $676K to $289K. Total functional expenses rose by 93.9%, from $733K to $1.4M. In its most recent filing year (2023), American Caribbean Experience Inc reported a deficit of $187K, with expenses exceeding revenue. The organization holds $225K in liabilities against $289K in assets (debt-to-asset ratio: 77.9%), resulting in net assets of $64K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.4M | $289K | $225K | — | View 990 |
| 2022 | $1.2M | $1.4M | $438K | $190K | — | — |
| 2021 | $1.2M | $1.0M | $596K | $202K | — | View 990 |
| 2020 | $1.1M | $1.0M | $428K | $202K | — | — |
| 2019 | $1.4M | $1.8M | $223K | $71K | — | View 990 |
| 2018 | $1.2M | $1.3M | $1.9M | $184K | — | View 990 |
| 2017 | $1.4M | $1.1M | $1.9M | $112K | — | View 990 |
| 2016 | $1.2M | $1.1M | $1.5M | $52K | — | View 990 |
| 2015 | $1.3M | $1.1M | $1.4M | $90K | — | View 990 |
| 2014 | $839K | $640K | $979K | $3K | — | View 990 |
| 2013 | $792K | $607K | $784K | $8K | — | View 990 |
| 2012 | $807K | $903K | $582K | $3K | — | View 990 |
| 2011 | $760K | $733K | $676K | $642 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.4M, and assets of $289K (revenue +0.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.4M, and assets of $438K (revenue +2.6% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.0M, and assets of $596K (revenue +10.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $428K (revenue -23.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.8M, and assets of $223K (revenue +15.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $1.9M (revenue -11.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.1M, and assets of $1.9M (revenue +10.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M (revenue -2.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.1M, and assets of $1.4M (revenue +51.5% year-over-year).
- 2014: Revenue of $839K, expenses of $640K, and assets of $979K (revenue +5.9% year-over-year).
- 2013: Revenue of $792K, expenses of $607K, and assets of $784K (revenue -1.8% year-over-year).
- 2012: Revenue of $807K, expenses of $903K, and assets of $582K (revenue +6.2% year-over-year).
- 2011: Revenue of $760K, expenses of $733K, and assets of $676K.
Data Sources and Methodology
This transparency report for American Caribbean Experience 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.