Associated Universities Inc
Associated Universities Inc consistently operates near break-even with no reported officer compensation.
EIN: 111630900 · Vienna, VA · NTEE: U99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $152.5M |
| Total Expenses | $136.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $3.7M |
| Transparency Score | 85/100 |
Is Associated Universities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Associated Universities Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Associated Universities Inc
Associated Universities Inc (EIN: 111630900) is a nonprofit organization based in Vienna, VA, classified under NTEE code U99Z. The organization reported total revenue of $152.5M and total assets of $71.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Associated Universities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Associated Universities Inc is a major nonprofit that has been operating for 74 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134.2M |
| Total Expenses | $136.1M |
| Surplus / Deficit | $-1,912,715 |
| Total Assets | $67.5M |
| Total Liabilities | $63.8M |
| Net Assets | $3.7M |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 94.5% |
| Months of Reserves | 6.0 months |
Financial Health Grade: C
In 2023, Associated Universities Inc reported a deficit of $1.9M with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 94.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Associated Universities Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.9% | +8.7% | +32.6% |
| 2022 | +6.5% | +7.8% | -21.8% |
| 2021 | +7.7% | +5.6% | +1.4% |
| 2020 | -2.8% | -2.4% | +2.5% |
| 2019 | -0.6% | +3.5% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 1952 |
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 Associated Universities Inc with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Associated Universities Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 94.5%.
Executive Compensation Analysis
Associated Universities Inc consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $100 million. This suggests that executive compensation may be structured in a way not captured under 'officer compensation' on the 990, or that the organization operates with an exceptionally lean executive pay structure.
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 Associated Universities Inc's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, potentially obscuring true executive compensation structure.
Strengths
The following positive indicators were identified for Associated Universities Inc:
- Consistent financial operations with revenues generally covering expenses.
- Significant growth in assets from $14.9 million in 2016 to $67.5 million in 2023, indicating financial stability.
- Strong program focus implied by near break-even operations and lack of reported fundraising expenses.
Frequently Asked Questions about Associated Universities Inc
Is Associated Universities Inc a legitimate charity?
Associated Universities Inc (EIN: 111630900) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $152.5M. 1 red flag identified. 3 strengths noted. Financial health grade: C.
How does Associated Universities Inc spend its money?
Associated Universities Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Associated Universities Inc tax-deductible?
Associated Universities Inc is registered as a tax-exempt nonprofit (EIN: 111630900). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Associated Universities Inc CEO make?
Associated Universities Inc's highest-compensated officer earns $100 annually. The organization reported $152.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Associated Universities Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Associated Universities Inc is above average for NTEE category U99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Associated Universities Inc located?
Associated Universities Inc is headquartered in Vienna, Virginia and files with the IRS under EIN 111630900. It is classified under NTEE code U99Z.
How many years of IRS 990 filings does Associated Universities Inc have?
Associated Universities Inc 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 $152.5M in total revenue.
How is executive leadership compensated if officer compensation is consistently reported as 0%?
The IRS 990 filings for Associated Universities Inc consistently show 0% officer compensation. This is highly unusual for an organization of its size and revenue. It suggests that executive compensation might be structured differently (e.g., through a related entity, as contractor fees, or as part of a broader compensation package not categorized as 'officer compensation' on the 990), or that the organization truly operates without paid officers in the traditional sense.
What is the primary source of Associated Universities Inc's revenue?
Given the NTEE code U99Z (Scientific Research & Development) and the consistent near break-even operations, it is highly probable that AUI's primary revenue sources are government grants, contracts, and potentially research agreements with other institutions, rather than public donations or fundraising.
How does Associated Universities Inc manage to operate with such low administrative overhead, particularly regarding executive compensation?
The consistent reporting of 0% officer compensation implies an exceptionally low administrative overhead at the executive level. This could be due to a unique organizational structure, volunteer executive leadership, or compensation being reported under different expense categories (e.g., program services if executives are also researchers) or through a related entity.
Filing History
IRS 990 filing history for Associated Universities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Associated Universities Inc's revenue has declined by 4.5%, moving from $140.5M to $134.2M. Total assets increased by 523.3% over the same period, from $10.8M to $67.5M. Total functional expenses fell by 3.3%, from $140.8M to $136.1M. In its most recent filing year (2023), Associated Universities Inc reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $63.8M in liabilities against $67.5M in assets (debt-to-asset ratio: 94.5%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134.2M | $136.1M | $67.5M | $63.8M | — | — |
| 2022 | $122.2M | $125.2M | $50.9M | $46.5M | — | View 990 |
| 2021 | $114.7M | $116.1M | $65.1M | $54.8M | — | View 990 |
| 2020 | $106.6M | $109.9M | $64.2M | $52.9M | — | — |
| 2019 | $109.7M | $112.7M | $62.6M | $48.7M | — | View 990 |
| 2018 | $110.3M | $108.9M | $61.5M | $44.7M | — | View 990 |
| 2017 | $100.5M | $92.4M | $61.5M | $46.3M | — | View 990 |
| 2016 | $93.2M | $93.0M | $15.0M | $3.4M | — | View 990 |
| 2015 | $95.8M | $95.3M | $15.5M | $4.2M | — | View 990 |
| 2014 | $100.6M | $99.6M | $14.2M | $2.0M | — | View 990 |
| 2013 | $101.7M | $102.7M | $13.0M | $1.8M | — | View 990 |
| 2012 | $122.5M | $122.5M | $13.2M | $2.1M | — | View 990 |
| 2011 | $140.5M | $140.8M | $10.8M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134.2M, expenses of $136.1M, and assets of $67.5M (revenue +9.9% year-over-year).
- 2022: Revenue of $122.2M, expenses of $125.2M, and assets of $50.9M (revenue +6.5% year-over-year).
- 2021: Revenue of $114.7M, expenses of $116.1M, and assets of $65.1M (revenue +7.7% year-over-year).
- 2020: Revenue of $106.6M, expenses of $109.9M, and assets of $64.2M (revenue -2.8% year-over-year).
- 2019: Revenue of $109.7M, expenses of $112.7M, and assets of $62.6M (revenue -0.6% year-over-year).
- 2018: Revenue of $110.3M, expenses of $108.9M, and assets of $61.5M (revenue +9.8% year-over-year).
- 2017: Revenue of $100.5M, expenses of $92.4M, and assets of $61.5M (revenue +7.8% year-over-year).
- 2016: Revenue of $93.2M, expenses of $93.0M, and assets of $15.0M (revenue -2.7% year-over-year).
- 2015: Revenue of $95.8M, expenses of $95.3M, and assets of $15.5M (revenue -4.7% year-over-year).
- 2014: Revenue of $100.6M, expenses of $99.6M, and assets of $14.2M (revenue -1.2% year-over-year).
- 2013: Revenue of $101.7M, expenses of $102.7M, and assets of $13.0M (revenue -17.0% year-over-year).
- 2012: Revenue of $122.5M, expenses of $122.5M, and assets of $13.2M (revenue -12.8% year-over-year).
- 2011: Revenue of $140.5M, expenses of $140.8M, and assets of $10.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Associated Universities Inc:
Data Sources and Methodology
This transparency report for Associated Universities 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.