Association Of Clinical Research Organizations
Association Of Clinical Research Organizations shows consistent revenue growth and zero reported officer compensation.
EIN: 20542064 · Washington, DC · NTEE: S46 · Updated: 2026-03-28
Is Association Of Clinical Research Organizations Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Clinical Research Organizations directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Clinical Research Organizations
Association Of Clinical Research Organizations (EIN: 20542064) is a nonprofit organization based in Washington, DC, classified under NTEE code S46. The organization reported total revenue of $3.7M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Clinical Research Organizations's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Clinical Research Organizations is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$378K |
| Total Assets | $3.4M |
| Total Liabilities | $55K |
| Net Assets | $3.4M |
| Operating Margin | 15.3% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 19.7 months |
Financial Health Grade: A
In 2023, Association Of Clinical Research Organizations reported a surplus of $378K with revenue exceeding expenses, holds 19.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Association Of Clinical Research Organizations's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.1% | +5.4% | +14.6% |
| 2022 | +4.8% | +6.0% | +12.6% |
| 2021 | +4.5% | +10.9% | +18.6% |
| 2020 | +9.6% | +5.6% | +24.9% |
| 2019 | +33.2% | +20.1% | +23.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Association Of Clinical Research Organizations 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: 90%
- fundraising: 0%
According to IRS 990 filings, Association Of Clinical Research Organizations 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 surplus of $378K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size with revenues exceeding $2 million annually. This suggests either a volunteer leadership structure or that compensation is categorized differently, but based on the provided data, it's a significant indicator of low overhead in this area.
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 Association Of Clinical Research Organizations's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Association Of Clinical Research Organizations:
- Consistent revenue growth, increasing from $1,400,347 in 2014 to $2,469,015 in 2023.
- Strong asset accumulation, growing from $1,235,756 in 2014 to $3,426,449 in 2023.
- Consistent operational surpluses, with revenue exceeding expenses in every reported year (e.g., $377,597 surplus in 2023).
- Very low liabilities relative to assets, indicating strong financial stability (e.g., $55,128 liabilities vs. $3,426,449 assets in 2023).
- Zero reported officer compensation, suggesting a high proportion of funds are directed elsewhere.
Frequently Asked Questions about Association Of Clinical Research Organizations
Is Association Of Clinical Research Organizations a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Clinical Research Organizations (EIN: 20542064) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Association Of Clinical Research Organizations spend its money?
Association Of Clinical Research Organizations directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Clinical Research Organizations tax-deductible?
Association Of Clinical Research Organizations is registered as a tax-exempt nonprofit (EIN: 20542064). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does ACRO manage to operate without officer compensation?
The provided data consistently shows 0% officer compensation. This could mean that leadership roles are entirely volunteer-based, or that compensation is paid through a related entity not reflected in this specific line item on the 990, or that the organization's structure allows for non-compensated officers.
What are the primary program activities funded by ACRO's expenses?
While the data shows total expenses, it does not detail the breakdown of program services. Given its NTEE code S46 (Professional Societies, Associations), it likely involves advocacy, standards development, and networking for clinical research organizations.
Is ACRO's financial growth sustainable?
ACRO has demonstrated consistent revenue growth from $1.4 million in 2014 to $2.4 million in 2023, alongside increasing assets. This trend suggests sustainable growth, especially with expenses consistently below revenue, leading to annual surpluses.
Filing History
IRS 990 filing history for Association Of Clinical Research Organizations showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Of Clinical Research Organizations's revenue has grown by 103.9%, moving from $1.2M to $2.5M. Total assets increased by 307.3% over the same period, from $841K to $3.4M. Total functional expenses rose by 81.4%, from $1.2M to $2.1M. In its most recent filing year (2023), Association Of Clinical Research Organizations reported a surplus of $378K, with revenue exceeding expenses. The organization holds $55K in liabilities against $3.4M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.1M | $3.4M | $55K | — | View 990 |
| 2022 | $2.3M | $2.0M | $3.0M | $22K | — | — |
| 2021 | $2.2M | $1.9M | $2.7M | $56K | — | View 990 |
| 2020 | $2.1M | $1.7M | $2.2M | $9K | — | — |
| 2019 | $2.0M | $1.6M | $1.8M | $20K | — | View 990 |
| 2018 | $1.5M | $1.3M | $1.5M | $38K | — | View 990 |
| 2017 | $1.7M | $1.6M | $1.3M | $22K | — | View 990 |
| 2016 | $1.5M | $1.4M | $1.3M | $47K | — | View 990 |
| 2015 | $1.5M | $1.6M | $1.2M | $52K | — | View 990 |
| 2014 | $1.4M | $1.3M | $1.2M | $55K | — | View 990 |
| 2013 | $1.4M | $1.1M | $1.1M | $29K | — | View 990 |
| 2012 | $1.3M | $1.2M | $904K | $43K | — | View 990 |
| 2011 | $1.2M | $1.2M | $841K | $63K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.1M, and assets of $3.4M (revenue +5.1% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.0M, and assets of $3.0M (revenue +4.8% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.9M, and assets of $2.7M (revenue +4.5% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.7M, and assets of $2.2M (revenue +9.6% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.6M, and assets of $1.8M (revenue +33.2% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.3M, and assets of $1.5M (revenue -14.1% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.6M, and assets of $1.3M (revenue +13.2% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $1.3M (revenue +-0.0% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.6M, and assets of $1.2M (revenue +7.8% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $1.2M (revenue +3.7% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.1M, and assets of $1.1M (revenue +3.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $904K (revenue +7.4% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $841K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Clinical Research Organizations:
Data Sources and Methodology
This transparency report for Association Of Clinical Research Organizations 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.