American Society Of Costsegregation Professionals Inc
American Society Of Costsegregation Professionals Inc shows consistent revenue growth and zero officer compensation over a decade.
EIN: 205833803 · Wilmington, NC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $218K |
| Total Expenses | $199K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $151K |
| Transparency Score | 90/100 |
Is American Society Of Costsegregation Professionals Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Society Of Costsegregation Professionals Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Society Of Costsegregation Professionals Inc
American Society Of Costsegregation Professionals Inc (EIN: 205833803) is a nonprofit organization based in Wilmington, NC, classified under NTEE code S41. The organization reported total revenue of $218K and total assets of $166K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Society Of Costsegregation Professionals Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Society Of Costsegregation Professionals Inc is a small nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $199K |
| Surplus / Deficit | +$15K |
| Total Assets | $199K |
| Total Liabilities | $49K |
| Net Assets | $151K |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 24.5% |
| Months of Reserves | 12.0 months |
Financial Health Grade: A
In 2023, American Society Of Costsegregation Professionals Inc reported a surplus of $15K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 24.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), American Society Of Costsegregation Professionals Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.8% | +19.5% | +10.2% |
| 2022 | +52.7% | +11.7% | +17.7% |
| 2021 | +33.4% | +60.7% | -15.4% |
| 2020 | -29.5% | -27.9% | +9.0% |
| 2019 | +15.1% | +20.5% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Society Of Costsegregation Professionals 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 Society Of Costsegregation Professionals 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly unusual for an organization with revenues exceeding $200,000 and suggests a volunteer-led or very lean operational model.
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 Society Of Costsegregation Professionals Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided summary data, making precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for American Society Of Costsegregation Professionals Inc:
- Consistent revenue growth, increasing from $100,134 in 2014 to $214,225 in 2023.
- Zero reported officer compensation across all 14 filings, indicating high efficiency and dedication to mission.
- Consistent operating surplus, with revenues exceeding expenses in most years, contributing to asset growth.
- Healthy growth in assets, from $73,087 in 2014 to $199,269 in 2023, demonstrating financial stability.
- Strong filing history with 14 IRS 990 filings, indicating good compliance and transparency.
Frequently Asked Questions about American Society Of Costsegregation Professionals Inc
Is American Society Of Costsegregation Professionals Inc a legitimate charity?
American Society Of Costsegregation Professionals Inc (EIN: 205833803) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $218K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does American Society Of Costsegregation Professionals Inc spend its money?
American Society Of Costsegregation Professionals Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to American Society Of Costsegregation Professionals Inc tax-deductible?
American Society Of Costsegregation Professionals Inc is registered as a tax-exempt nonprofit (EIN: 205833803). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the American Society Of Costsegregation Professionals Inc CEO make?
American Society Of Costsegregation Professionals Inc's highest-compensated officer earns $200,000 annually. The organization reported $218K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of American Society Of Costsegregation Professionals Inc's spending goes to programs?
American Society Of Costsegregation Professionals Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Society Of Costsegregation Professionals Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), American Society Of Costsegregation Professionals Inc 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 Society Of Costsegregation Professionals Inc located?
American Society Of Costsegregation Professionals Inc is headquartered in Wilmington, North Carolina and files with the IRS under EIN 205833803. It is classified under NTEE code S41.
How many years of IRS 990 filings does American Society Of Costsegregation Professionals Inc have?
American Society Of Costsegregation Professionals Inc has 14 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 $218K in total revenue.
Is American Society Of Costsegregation Professionals Inc a good charity?
Based on the available financial data, the American Society Of Costsegregation Professionals Inc appears to be a well-managed organization. It consistently generates a surplus, has growing assets, and notably reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's revenue changed over time?
The organization's revenue has shown consistent growth, increasing from $100,134 in 2014 to $214,225 in 2023, indicating a positive trend in financial support or activity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is a strong indicator that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, demonstrating a high level of financial efficiency.
Filing History
IRS 990 filing history for American Society Of Costsegregation Professionals Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), American Society Of Costsegregation Professionals Inc's revenue has grown by 399.2%, moving from $43K to $214K. Total assets increased by 391.9% over the same period, from $41K to $199K. Total functional expenses rose by 503.3%, from $33K to $199K. In its most recent filing year (2023), American Society Of Costsegregation Professionals Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $49K in liabilities against $199K in assets (debt-to-asset ratio: 24.5%), resulting in net assets of $151K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $214K | $199K | $199K | $49K | — | — |
| 2022 | $197K | $167K | $181K | $45K | — | View 990 |
| 2021 | $129K | $149K | $154K | $48K | — | View 990 |
| 2020 | $97K | $93K | $182K | $55K | — | View 990 |
| 2019 | $137K | $129K | $167K | $44K | — | View 990 |
| 2018 | $119K | $107K | $158K | $44K | — | View 990 |
| 2017 | $116K | $99K | $142K | $40K | — | View 990 |
| 2016 | $108K | $88K | $118K | $32K | — | View 990 |
| 2015 | $108K | $82K | $105K | $39K | — | View 990 |
| 2014 | $100K | $95K | $73K | $32K | — | View 990 |
| 2013 | $62K | $59K | $50K | $14K | — | View 990 |
| 2012 | $56K | $60K | $33K | $0 | — | View 990 |
| 2011 | $44K | $47K | $37K | $0 | — | View 990 |
| 2010 | $43K | $33K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $214K, expenses of $199K, and assets of $199K (revenue +8.8% year-over-year).
- 2022: Revenue of $197K, expenses of $167K, and assets of $181K (revenue +52.7% year-over-year).
- 2021: Revenue of $129K, expenses of $149K, and assets of $154K (revenue +33.4% year-over-year).
- 2020: Revenue of $97K, expenses of $93K, and assets of $182K (revenue -29.5% year-over-year).
- 2019: Revenue of $137K, expenses of $129K, and assets of $167K (revenue +15.1% year-over-year).
- 2018: Revenue of $119K, expenses of $107K, and assets of $158K (revenue +2.9% year-over-year).
- 2017: Revenue of $116K, expenses of $99K, and assets of $142K (revenue +7.2% year-over-year).
- 2016: Revenue of $108K, expenses of $88K, and assets of $118K (revenue +-0.0% year-over-year).
- 2015: Revenue of $108K, expenses of $82K, and assets of $105K (revenue +7.8% year-over-year).
- 2014: Revenue of $100K, expenses of $95K, and assets of $73K (revenue +60.5% year-over-year).
- 2013: Revenue of $62K, expenses of $59K, and assets of $50K (revenue +12.2% year-over-year).
- 2012: Revenue of $56K, expenses of $60K, and assets of $33K (revenue +26.9% year-over-year).
- 2011: Revenue of $44K, expenses of $47K, and assets of $37K (revenue +2.1% year-over-year).
- 2010: Revenue of $43K, expenses of $33K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Society Of Costsegregation Professionals Inc:
Data Sources and Methodology
This transparency report for American Society Of Costsegregation Professionals 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.