Ameson Education & Cultural Exchange Foundation

Ameson Foundation faces financial instability with consistent deficit spending and liabilities exceeding assets.

EIN: 134017822 · Warren, NJ · NTEE: B90 · Updated: 2026-03-28

$1.8MRevenue

$551KAssets

55/100Mission Score (Fair)

B90

About Ameson Education & Cultural Exchange Foundation

Ameson Education & Cultural Exchange Foundation (EIN: 134017822) is a nonprofit organization based in Warren, NJ, classified under NTEE code B90. The organization reported total revenue of $1.8M and total assets of $551K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ameson Education & Cultural Exchange Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Ameson Education & Cultural Exchange Foundation has demonstrated consistent revenue generation over the past five years, with its latest reported revenue at $1,821,661. However, the organization has consistently spent more than it earned in the last two reported periods, with expenses exceeding revenue by $112,381 in 2017 and $124,716 in 2016. This trend of deficit spending, coupled with liabilities exceeding assets in the most recent filings ($841,340 in liabilities vs. $551,121 in assets in 2017), raises concerns about its long-term financial stability. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, but the lack of reported officer compensation across all filings, despite significant revenue and expenses, warrants further investigation into how leadership is compensated or if it's entirely volunteer-run.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ameson Education & Cultural Exchange Foundation with a Mission Score of 55 out of 100 (Fair). 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: 70%
fundraising: 10%

According to IRS 990 filings, Ameson Education & Cultural Exchange Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization with annual revenues exceeding $1.8 million. This could indicate a fully volunteer-led executive team or that compensation is structured in a way not reported as officer compensation on the 990.

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 Ameson Education & Cultural Exchange Foundation's IRS 990 filings:

Consistent deficit spending in recent years (expenses exceeded revenue by $112,381 in 2017 and $124,716 in 2016).
Liabilities ($841,340 in 2017) significantly exceed assets ($551,121) in recent filings.
Zero reported officer compensation despite significant revenue and expenses, which is unusual for an organization of this size.
Sudden and large increase in liabilities from $0 in 2015 to over $800,000 in 2016 without clear explanation in summary data.

Strengths

The following positive indicators were identified for Ameson Education & Cultural Exchange Foundation:

Consistent revenue generation, growing from $950,259 in 2013 to $1,821,661 in 2017.
Regular and consistent filing of IRS Form 990s, indicating a commitment to transparency in reporting.

Frequently Asked Questions about Ameson Education & Cultural Exchange Foundation

Is Ameson Education & Cultural Exchange Foundation financially stable?

Based on the latest filings, the organization has reported expenses exceeding revenue for the past two years and its liabilities ($841,340 in 2017) significantly outweigh its assets ($551,121), indicating potential financial instability.

How are the organization's executives compensated?

All IRS 990 filings consistently report 0% officer compensation, which suggests either a volunteer executive team or that compensation is structured and reported differently within the financial statements.

What caused the significant increase in liabilities from 2015 to 2016?

The organization reported $0 in liabilities in 2015, which then jumped to $835,269 in 2016 and $841,340 in 2017. The filings do not provide specific details on the nature of these liabilities.

Filing History

IRS 990 filing history for Ameson Education & Cultural Exchange Foundation showing financial trends over 9 years of public records:

In its most recent filing year (2017), Ameson Education & Cultural Exchange Foundation reported a deficit of $112K, with expenses exceeding revenue. The organization holds $841K in liabilities against $551K in assets (debt-to-asset ratio: 152.7%), resulting in net assets of $-290,219.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2017	$1.8M	$1.9M	$551K	$841K	—	View 990
2016	$1.9M	$2.1M	$641K	$835K	—	—
2015	$1.6M	$1.6M	$231K	$0	—	View 990
2014	$1.4M	$1.3M	$183K	$0	—	View 990
2013	$950K	$791K	$159K	$0	—	View 990
2012	$0	$0	$1	$0	—	View 990
2011	$0	$0	$0	$0	—	View 990
2010	$0	$0	$0	$0	—	View 990
2009	$0	$0	$0	$0	—	View 990

Year-by-Year Financial Summary

2017: Revenue of $1.8M, expenses of $1.9M, and assets of $551K (revenue -5.4% year-over-year).
2016: Revenue of $1.9M, expenses of $2.1M, and assets of $641K (revenue +17.8% year-over-year).
2015: Revenue of $1.6M, expenses of $1.6M, and assets of $231K (revenue +16.6% year-over-year).
2014: Revenue of $1.4M, expenses of $1.3M, and assets of $183K (revenue +47.4% year-over-year).
2013: Revenue of $950K, expenses of $791K, and assets of $159K.
2012: Revenue of $0, expenses of $0, and assets of $1.
2011: Revenue of $0, expenses of $0, and assets of $0.
2010: Revenue of $0, expenses of $0, and assets of $0.
2009: Revenue of $0, expenses of $0, and assets of $0.

Data Sources and Methodology

This transparency report for Ameson Education & Cultural Exchange 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.