American College Of Coverage Counsel Inc
EIN: 461030123 · Alexandria, VA · NTEE: S46
| Metric | Value |
|---|---|
| Total Revenue | $353K |
| Total Expenses | $213K |
| Net Assets | $733K |
Is American College Of Coverage Counsel Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About American College Of Coverage Counsel Inc
American College Of Coverage Counsel Inc (EIN: 461030123) is a nonprofit organization based in Alexandria, VA, classified under NTEE code S46. The organization reported total revenue of $353K and total assets of $993K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American College Of Coverage Counsel Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American College Of Coverage Counsel Inc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $325K |
| Total Expenses | $213K |
| Surplus / Deficit | +$112K |
| Total Assets | $884K |
| Total Liabilities | $151K |
| Net Assets | $733K |
| Operating Margin | 34.3% |
| Debt-to-Asset Ratio | 17.1% |
| Months of Reserves | 49.7 months |
Financial Health Grade: A
In 2023, American College Of Coverage Counsel Inc reported a surplus of $112K with revenue exceeding expenses, holds 49.7 months of operating reserves (strong position), has a debt-to-asset ratio of 17.1% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), American College Of Coverage Counsel Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.3% | +12.6% | +20.1% |
| 2022 | +27.7% | +7.0% | +19.6% |
| 2021 | +35.0% | +52.9% | +14.4% |
| 2020 | -27.0% | -51.4% | +20.0% |
| 2019 | +19.4% | +36.8% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American College Of Coverage Counsel Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American College Of Coverage Counsel Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $112K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.1%.
Frequently Asked Questions about American College Of Coverage Counsel Inc
Is American College Of Coverage Counsel Inc a legitimate charity?
American College Of Coverage Counsel Inc (EIN: 461030123) is a registered tax-exempt nonprofit based in Virginia. It has 11 years of IRS 990 filings on record. Total revenue: $353K. No red flags identified. Financial health grade: A.
How does American College Of Coverage Counsel Inc spend its money?
American College Of Coverage Counsel Inc reported $353K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to American College Of Coverage Counsel Inc tax-deductible?
American College Of Coverage Counsel Inc is registered as a tax-exempt nonprofit (EIN: 461030123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American College Of Coverage Counsel Inc located?
American College Of Coverage Counsel Inc is headquartered in Alexandria, Virginia and files with the IRS under EIN 461030123. It is classified under NTEE code S46.
How many years of IRS 990 filings does American College Of Coverage Counsel Inc have?
American College Of Coverage Counsel Inc has 11 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 $353K in total revenue.
Filing History
IRS 990 filing history for American College Of Coverage Counsel Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), American College Of Coverage Counsel Inc's revenue has grown by 72.4%, moving from $189K to $325K. Total assets increased by 351.9% over the same period, from $196K to $884K. Total functional expenses rose by 354.4%, from $47K to $213K. In its most recent filing year (2023), American College Of Coverage Counsel Inc reported a surplus of $112K, with revenue exceeding expenses. The organization holds $151K in liabilities against $884K in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $733K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $325K | $213K | $884K | $151K | — | — |
| 2022 | $303K | $190K | $736K | $127K | — | View 990 |
| 2021 | $237K | $177K | $616K | $115K | — | View 990 |
| 2020 | $176K | $116K | $538K | $98K | — | — |
| 2019 | $241K | $239K | $448K | $68K | — | View 990 |
| 2018 | $202K | $174K | $433K | $56K | — | View 990 |
| 2017 | $210K | $146K | $393K | $43K | — | View 990 |
| 2016 | $199K | $127K | $328K | $41K | — | View 990 |
| 2015 | $152K | $127K | $244K | $29K | — | View 990 |
| 2014 | $180K | $156K | $230K | $39K | — | View 990 |
| 2013 | $189K | $47K | $196K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $325K, expenses of $213K, and assets of $884K (revenue +7.3% year-over-year).
- 2022: Revenue of $303K, expenses of $190K, and assets of $736K (revenue +27.7% year-over-year).
- 2021: Revenue of $237K, expenses of $177K, and assets of $616K (revenue +35.0% year-over-year).
- 2020: Revenue of $176K, expenses of $116K, and assets of $538K (revenue -27.0% year-over-year).
- 2019: Revenue of $241K, expenses of $239K, and assets of $448K (revenue +19.4% year-over-year).
- 2018: Revenue of $202K, expenses of $174K, and assets of $433K (revenue -3.7% year-over-year).
- 2017: Revenue of $210K, expenses of $146K, and assets of $393K (revenue +5.4% year-over-year).
- 2016: Revenue of $199K, expenses of $127K, and assets of $328K (revenue +30.9% year-over-year).
- 2015: Revenue of $152K, expenses of $127K, and assets of $244K (revenue -15.7% year-over-year).
- 2014: Revenue of $180K, expenses of $156K, and assets of $230K (revenue -4.5% year-over-year).
- 2013: Revenue of $189K, expenses of $47K, and assets of $196K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American College Of Coverage Counsel Inc:
Data Sources and Methodology
This transparency report for American College Of Coverage Counsel 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.