American Fair Credit Council
American Fair Credit Council shows consistent revenue growth and asset accumulation, but executive compensation reporting lacks clarity.
EIN: 203796648 · Washington, DC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $3.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $2.4M |
| Transparency Score | 70/100 |
Is American Fair Credit Council Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Fair Credit Council directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Fair Credit Council
American Fair Credit Council (EIN: 203796648) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $4.9M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Fair Credit Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Fair Credit Council is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$546K |
| Total Assets | $2.4M |
| Net Assets | $2.4M |
| Operating Margin | 12.7% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2023, American Fair Credit Council reported a surplus of $546K with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), American Fair Credit Council's revenue has grown at a compound annual growth rate (CAGR) of 17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.5% | +40.7% | +29.9% |
| 2022 | +24.9% | -2.1% | +35.5% |
| 2021 | +43.0% | +21.3% | -12.6% |
| 2020 | -15.6% | +30.0% | -23.8% |
| 2019 | +53.3% | +70.6% | +21.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
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 Fair Credit Council with a Mission Score of 70 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: 80%
- fundraising: 0%
According to IRS 990 filings, American Fair Credit Council allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $546K, with revenue exceeding expenses.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with annual revenues exceeding $4 million. This suggests that executive compensation is either not paid, paid by a related entity, or structured in a way that is not disclosed in the standard officer compensation section of the 990, raising transparency concerns.
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 Fair Credit Council's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s, raising transparency questions about executive pay.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for American Fair Credit Council:
- Consistent and significant revenue growth over the past decade, from $611,200 in 2014 to $4,292,502 in 2023.
- Strong asset growth, increasing from $276,354 in 2014 to $2,364,815 in 2023, indicating increasing financial capacity.
- Positive net income in most recent years (e.g., $545,945 in 2023), demonstrating sound financial management.
- Consistent filing of IRS Form 990s for 13 periods, indicating regulatory compliance.
Frequently Asked Questions about American Fair Credit Council
Is American Fair Credit Council a legitimate charity?
American Fair Credit Council (EIN: 203796648) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.9M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does American Fair Credit Council spend its money?
American Fair Credit Council directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to American Fair Credit Council tax-deductible?
American Fair Credit Council is registered as a tax-exempt nonprofit (EIN: 203796648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the American Fair Credit Council CEO make?
American Fair Credit Council's highest-compensated officer earns $4 annually. The organization reported $4.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does American Fair Credit Council compare to similar nonprofits?
With a transparency score of 70/100 (Good), American Fair Credit Council is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Fair Credit Council located?
American Fair Credit Council is headquartered in Washington, Washington DC and files with the IRS under EIN 203796648. It is classified under NTEE code S41.
How many years of IRS 990 filings does American Fair Credit Council have?
American Fair Credit Council 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 $4.9M in total revenue.
How is the American Fair Credit Council's executive leadership compensated, given the 0% reported officer compensation on all 990 filings?
The consistent reporting of 0% officer compensation across all 13 available IRS 990 filings is highly unusual for an organization of this size. This suggests that executive compensation may be paid through a related entity, covered by a management agreement, or that the officers are truly unpaid volunteers. Further investigation into the organization's operational structure and contracts would be needed to understand the full picture of leadership compensation.
What is the detailed breakdown of program, administrative, and fundraising expenses for the American Fair Credit Council?
Based on the provided summary data, a precise breakdown of program, administrative, and fundraising expenses is not available. The overall expenses are reported, but without further detail from the full 990 forms, it's difficult to determine the exact allocation. However, the organization's consistent positive net income suggests effective overall expense management.
Has the American Fair Credit Council maintained financial stability over time?
Yes, the American Fair Credit Council has demonstrated strong financial stability. Its revenue has grown consistently from $611,200 in 2014 to $4,292,502 in 2023, and its assets have increased from $276,354 to $2,364,815 over the same period. The organization has also maintained positive net income in most recent years, indicating sound financial health.
Filing History
IRS 990 filing history for American Fair Credit Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Fair Credit Council's revenue has grown by 558.2%, moving from $652K to $4.3M. Total assets increased by 1995.8% over the same period, from $113K to $2.4M. Total functional expenses rose by 485.8%, from $640K to $3.7M. In its most recent filing year (2023), American Fair Credit Council reported a surplus of $546K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $3.7M | $2.4M | $0 | — | View 990 |
| 2022 | $3.1M | $2.7M | $1.8M | $1K | — | View 990 |
| 2021 | $2.5M | $2.7M | $1.3M | $7K | — | View 990 |
| 2020 | $1.8M | $2.2M | $1.5M | $0 | — | View 990 |
| 2019 | $2.1M | $1.7M | $2.0M | $0 | — | View 990 |
| 2018 | $1.4M | $1.0M | $1.7M | $0 | — | View 990 |
| 2017 | $1.1M | $694K | $1.3M | $0 | — | View 990 |
| 2016 | $832K | $340K | $947K | $0 | — | View 990 |
| 2015 | $716K | $538K | $455K | $0 | — | View 990 |
| 2014 | $611K | $459K | $276K | $0 | — | View 990 |
| 2013 | $635K | $756K | $124K | $0 | — | View 990 |
| 2012 | $793K | $661K | $245K | $0 | — | View 990 |
| 2011 | $652K | $640K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $3.7M, and assets of $2.4M (revenue +36.5% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.7M, and assets of $1.8M (revenue +24.9% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.7M, and assets of $1.3M (revenue +43.0% year-over-year).
- 2020: Revenue of $1.8M, expenses of $2.2M, and assets of $1.5M (revenue -15.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.7M, and assets of $2.0M (revenue +53.3% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.0M, and assets of $1.7M (revenue +29.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $694K, and assets of $1.3M (revenue +26.4% year-over-year).
- 2016: Revenue of $832K, expenses of $340K, and assets of $947K (revenue +16.2% year-over-year).
- 2015: Revenue of $716K, expenses of $538K, and assets of $455K (revenue +17.2% year-over-year).
- 2014: Revenue of $611K, expenses of $459K, and assets of $276K (revenue -3.8% year-over-year).
- 2013: Revenue of $635K, expenses of $756K, and assets of $124K (revenue -19.9% year-over-year).
- 2012: Revenue of $793K, expenses of $661K, and assets of $245K (revenue +21.6% year-over-year).
- 2011: Revenue of $652K, expenses of $640K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Fair Credit Council:
Data Sources and Methodology
This transparency report for American Fair Credit Council 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.