Asc Quality Collaboration Inc
EIN: 455614522 · Alexandria, VA · NTEE: E60
| Metric | Value |
|---|---|
| Total Revenue | $356K |
| Total Expenses | $359K |
| Net Assets | $349K |
Is Asc Quality Collaboration Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Asc Quality Collaboration Inc
Asc Quality Collaboration Inc (EIN: 455614522) is a nonprofit organization based in Alexandria, VA, classified under NTEE code E60. The organization reported total revenue of $356K and total assets of $392K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asc Quality Collaboration Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asc Quality Collaboration Inc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $360K |
| Total Expenses | $359K |
| Surplus / Deficit | +$620 |
| Total Assets | $480K |
| Total Liabilities | $131K |
| Net Assets | $349K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 27.2% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2023, Asc Quality Collaboration Inc reported a surplus of $620 with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 27.2% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Asc Quality Collaboration Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.9% | +27.3% | +1.0% |
| 2022 | +7.2% | +0.1% | -10.6% |
| 2021 | -10.7% | +30.8% | +20.7% |
| 2020 | -15.7% | +9.2% | -16.7% |
| 2019 | +20.8% | -16.2% | +90.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Asc Quality Collaboration Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Asc Quality Collaboration Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $620, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.2%.
Frequently Asked Questions about Asc Quality Collaboration Inc
Is Asc Quality Collaboration Inc a legitimate charity?
Asc Quality Collaboration Inc (EIN: 455614522) is a registered tax-exempt nonprofit based in Virginia. It has 11 years of IRS 990 filings on record. Total revenue: $356K. No red flags identified. Financial health grade: A.
How does Asc Quality Collaboration Inc spend its money?
Asc Quality Collaboration Inc reported $356K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Asc Quality Collaboration Inc tax-deductible?
Asc Quality Collaboration Inc is registered as a tax-exempt nonprofit (EIN: 455614522). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Asc Quality Collaboration Inc located?
Asc Quality Collaboration Inc is headquartered in Alexandria, Virginia and files with the IRS under EIN 455614522. It is classified under NTEE code E60.
How many years of IRS 990 filings does Asc Quality Collaboration Inc have?
Asc Quality Collaboration Inc has 11 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 $356K in total revenue.
Filing History
IRS 990 filing history for Asc Quality Collaboration Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Asc Quality Collaboration Inc's revenue has grown by 16.3%, moving from $309K to $360K. Total assets increased by 187% over the same period, from $167K to $480K. Total functional expenses rose by 26.7%, from $283K to $359K. In its most recent filing year (2023), Asc Quality Collaboration Inc reported a surplus of $620, with revenue exceeding expenses. The organization holds $131K in liabilities against $480K in assets (debt-to-asset ratio: 27.2%), resulting in net assets of $349K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $360K | $359K | $480K | $131K | — | — |
| 2022 | $253K | $282K | $475K | $127K | — | — |
| 2021 | $236K | $282K | $531K | $154K | — | View 990 |
| 2020 | $265K | $215K | $440K | $18K | — | — |
| 2019 | $314K | $197K | $528K | $155K | — | View 990 |
| 2018 | $260K | $235K | $277K | $21K | — | View 990 |
| 2017 | $269K | $224K | $246K | $15K | — | View 990 |
| 2016 | $276K | $222K | $209K | $23K | — | View 990 |
| 2015 | $249K | $275K | $148K | $16K | — | View 990 |
| 2014 | $270K | $260K | $175K | $18K | — | View 990 |
| 2013 | $309K | $283K | $167K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $360K, expenses of $359K, and assets of $480K (revenue +41.9% year-over-year).
- 2022: Revenue of $253K, expenses of $282K, and assets of $475K (revenue +7.2% year-over-year).
- 2021: Revenue of $236K, expenses of $282K, and assets of $531K (revenue -10.7% year-over-year).
- 2020: Revenue of $265K, expenses of $215K, and assets of $440K (revenue -15.7% year-over-year).
- 2019: Revenue of $314K, expenses of $197K, and assets of $528K (revenue +20.8% year-over-year).
- 2018: Revenue of $260K, expenses of $235K, and assets of $277K (revenue -3.3% year-over-year).
- 2017: Revenue of $269K, expenses of $224K, and assets of $246K (revenue -2.8% year-over-year).
- 2016: Revenue of $276K, expenses of $222K, and assets of $209K (revenue +10.8% year-over-year).
- 2015: Revenue of $249K, expenses of $275K, and assets of $148K (revenue -7.7% year-over-year).
- 2014: Revenue of $270K, expenses of $260K, and assets of $175K (revenue -12.6% year-over-year).
- 2013: Revenue of $309K, expenses of $283K, and assets of $167K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asc Quality Collaboration Inc:
Data Sources and Methodology
This transparency report for Asc Quality Collaboration 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.