American Copy Editors Society Inc

Is American Copy Editors Society Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

American Copy Editors Society Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Copy Editors Society Inc

American Copy Editors Society Inc (EIN: 113390739) is a nonprofit organization based in Carpentersvle, IL, classified under NTEE code B99. The organization reported total revenue of $940K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Copy Editors Society 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 Copy Editors Society 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, American Copy Editors Society 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 as 0% across all available filings, suggesting a volunteer-led organization or compensation structured outside of typical officer compensation, which is highly favorable for a nonprofit of its growing size (latest revenue $851,324).

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 Copy Editors Society Inc's IRS 990 filings:

• Lack of detailed functional expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency analysis challenging.

Strengths

The following positive indicators were identified for American Copy Editors Society Inc:

• Consistent and significant revenue growth over a decade, from $191,125 in 2012 to $851,324 in 2023.
• Strong asset growth, increasing from $150,640 in 2012 to $1,068,660 in 2023, indicating financial stability and reserves.
• Zero reported officer compensation across all 11 filings, suggesting highly efficient leadership or volunteer-based executive roles.
• Positive net income in most years, with expenses consistently lower than revenue (e.g., 2023: $754,025 expenses vs. $851,324 revenue).
• Low liabilities, such as $7,526 in 2023, indicating minimal debt and strong financial management.

Frequently Asked Questions about American Copy Editors Society Inc

Filing History

IRS 990 filing history for American Copy Editors Society Inc showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2023), American Copy Editors Society Inc's revenue has grown by 579.1%, moving from $125K to $851K. Total assets increased by 877.1% over the same period, from $109K to $1.1M. Total functional expenses rose by 470.8%, from $132K to $754K. In its most recent filing year (2023), American Copy Editors Society Inc reported a surplus of $97K, with revenue exceeding expenses. The organization holds $8K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.1M.

Year-by-Year Financial Summary

• 2023: Revenue of $851K, expenses of $754K, and assets of $1.1M (revenue +24.2% year-over-year).
• 2021: Revenue of $685K, expenses of $353K, and assets of $1.1M (revenue +13.9% year-over-year).
• 2019: Revenue of $602K, expenses of $423K, and assets of $797K (revenue +14.7% year-over-year).
• 2018: Revenue of $525K, expenses of $389K, and assets of $625K (revenue +38.3% year-over-year).
• 2017: Revenue of $379K, expenses of $281K, and assets of $490K (revenue +1.9% year-over-year).
• 2016: Revenue of $372K, expenses of $278K, and assets of $358K (revenue +18.0% year-over-year).
• 2015: Revenue of $315K, expenses of $206K, and assets of $275K (revenue +47.4% year-over-year).
• 2014: Revenue of $214K, expenses of $183K, and assets of $169K (revenue +11.4% year-over-year).
• 2013: Revenue of $192K, expenses of $202K, and assets of $139K (revenue +0.4% year-over-year).
• 2012: Revenue of $191K, expenses of $154K, and assets of $151K (revenue +52.5% year-over-year).
• 2011: Revenue of $125K, expenses of $132K, and assets of $109K.

Data Sources and Methodology

This transparency report for American Copy Editors Society 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.