American Institute Of Certified Public Accountants Foundation
AICPA Foundation consistently spends more than it earns annually, drawing down on its substantial asset base.
EIN: 136169602 · Durham, NC · Updated: 2026-03-28
Is American Institute Of Certified Public Accountants Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Institute Of Certified Public Accountants Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Institute Of Certified Public Accountants Foundation
American Institute Of Certified Public Accountants Foundation (EIN: 136169602) is a nonprofit organization based in Durham, NC. The organization reported total revenue of $2.4M and total assets of $8.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Institute Of Certified Public Accountants Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Institute Of Certified Public Accountants Foundation is a mid-size nonprofit that has been operating for 46 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-878,616 |
| Total Assets | $8.8M |
| Total Liabilities | $582K |
| Net Assets | $8.2M |
| Operating Margin | -62.9% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 46.2 months |
Financial Health Grade: B
In 2023, American Institute Of Certified Public Accountants Foundation reported a deficit of $879K with expenses exceeding revenue, holds 46.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), American Institute Of Certified Public Accountants Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.4% | -8.9% | -1.0% |
| 2022 | -15.8% | -27.0% | -33.9% |
| 2021 | +4.6% | +59.8% | +0.4% |
| 2020 | +3.6% | +4.8% | +3.8% |
| 2019 | +4.7% | +2.1% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Institute Of Certified Public Accountants Foundation 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: 80%
- fundraising: 10%
According to IRS 990 filings, American Institute Of Certified Public Accountants Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 deficit of $879K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated by an affiliated entity, which is a positive sign for minimizing administrative overhead.
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 Institute Of Certified Public Accountants Foundation's IRS 990 filings:
- Consistent annual operating deficits (e.g., 2023 expenses $2.27M vs. revenue $1.39M)
- Significant decline in total assets over recent years (from $13.6M in 2017 to $8.7M in 2023)
Strengths
The following positive indicators were identified for American Institute Of Certified Public Accountants Foundation:
- No reported officer compensation, indicating efficient use of funds for leadership costs
- Substantial asset base ($8.68M latest) provides financial stability despite operating deficits
- Long filing history (14 filings) indicates consistent compliance and transparency
Frequently Asked Questions about American Institute Of Certified Public Accountants Foundation
Is American Institute Of Certified Public Accountants Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, American Institute Of Certified Public Accountants Foundation (EIN: 136169602) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does American Institute Of Certified Public Accountants Foundation spend its money?
American Institute Of Certified Public Accountants Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Institute Of Certified Public Accountants Foundation tax-deductible?
American Institute Of Certified Public Accountants Foundation is registered as a tax-exempt nonprofit (EIN: 136169602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why do expenses consistently exceed revenue?
The filings show a consistent trend where annual expenses surpass revenue, for example, $2,275,325 in expenses vs. $1,396,709 in revenue in 2023. This suggests the organization is either drawing down on its substantial asset base or relying on prior period surpluses to fund its operations.
What is the detailed breakdown of program spending?
The provided data does not offer a detailed breakdown of program spending, making it difficult to assess the specific impact and efficiency of the foundation's core activities.
How does the foundation plan to address the decline in assets?
Assets have decreased from a high of $13,657,786 in 2017 to $8,762,743 in 2023. The organization's strategy to manage this decline and ensure long-term financial sustainability is not detailed in the provided data.
Filing History
IRS 990 filing history for American Institute Of Certified Public Accountants Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), American Institute Of Certified Public Accountants Foundation's revenue has declined by 46.6%, moving from $2.6M to $1.4M. Total assets decreased by 41.9% over the same period, from $15.1M to $8.8M. Total functional expenses fell by 28.4%, from $3.2M to $2.3M. In its most recent filing year (2023), American Institute Of Certified Public Accountants Foundation reported a deficit of $879K, with expenses exceeding revenue. The organization holds $582K in liabilities against $8.8M in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $2.3M | $8.8M | $582K | — | — |
| 2022 | $1.2M | $2.5M | $8.9M | $692K | — | View 990 |
| 2021 | $1.4M | $3.4M | $13.4M | $1.8M | — | View 990 |
| 2020 | $1.4M | $2.1M | $13.3M | $605K | — | View 990 |
| 2019 | $1.3M | $2.0M | $12.9M | $351K | — | View 990 |
| 2018 | $1.3M | $2.0M | $12.2M | $162K | — | View 990 |
| 2017 | $2.2M | $1.8M | $13.7M | $258K | — | View 990 |
| 2016 | $1.6M | $386K | $13.3M | $806K | — | View 990 |
| 2016 | $2.8M | $2.2M | $12.6M | $1.3M | — | — |
| 2015 | $3.0M | $2.7M | $12.3M | $1.2M | — | View 990 |
| 2014 | $2.9M | $3.5M | $11.8M | $1000K | — | View 990 |
| 2013 | $2.2M | $4.1M | $12.0M | $935K | — | View 990 |
| 2012 | $2.6M | $4.2M | $13.5M | $1.0M | — | View 990 |
| 2011 | $2.6M | $3.2M | $15.1M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $2.3M, and assets of $8.8M (revenue +16.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $2.5M, and assets of $8.9M (revenue -15.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $3.4M, and assets of $13.4M (revenue +4.6% year-over-year).
- 2020: Revenue of $1.4M, expenses of $2.1M, and assets of $13.3M (revenue +3.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $2.0M, and assets of $12.9M (revenue +4.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $2.0M, and assets of $12.2M (revenue -43.1% year-over-year).
- 2017: Revenue of $2.2M, expenses of $1.8M, and assets of $13.7M (revenue +34.5% year-over-year).
- 2016: Revenue of $1.6M, expenses of $386K, and assets of $13.3M (revenue -41.0% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.2M, and assets of $12.6M (revenue -7.2% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.7M, and assets of $12.3M (revenue +4.9% year-over-year).
- 2014: Revenue of $2.9M, expenses of $3.5M, and assets of $11.8M (revenue +28.2% year-over-year).
- 2013: Revenue of $2.2M, expenses of $4.1M, and assets of $12.0M (revenue -14.1% year-over-year).
- 2012: Revenue of $2.6M, expenses of $4.2M, and assets of $13.5M (revenue -0.8% year-over-year).
- 2011: Revenue of $2.6M, expenses of $3.2M, and assets of $15.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Institute Of Certified Public Accountants Foundation:
Data Sources and Methodology
This transparency report for American Institute Of Certified Public Accountants Foundation 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.