Association Of College Auxiliary Services Inc

Association Of College Auxiliary Services Inc faces recent operating deficits and declining assets.

EIN: 160999454 · Ashland, OH · NTEE: S41 · Updated: 2026-03-28

$2.9MRevenue

$473KAssets

65/100Mission Score (Good)

S41

About Association Of College Auxiliary Services Inc

Association Of College Auxiliary Services Inc (EIN: 160999454) is a nonprofit organization based in Ashland, OH, classified under NTEE code S41. The organization reported total revenue of $2.9M and total assets of $473K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of College Auxiliary Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Association Of College Auxiliary Services Inc (ACAS) demonstrates a mixed financial picture. While the organization has consistently generated revenue in the multi-million dollar range, recent filings show a trend of expenses exceeding revenue. For instance, in 2023, expenses were $3,710,940 against revenues of $2,563,214, resulting in a significant deficit. This pattern of operating at a deficit is also visible in 2022 and 2020. The organization's assets have fluctuated, with a notable decrease from $2,478,813 in 2022 to $851,487 in 2023, and liabilities have increased, reaching $1,211,712 in 2023. This suggests potential financial strain and a need for closer examination of their operational efficiency and sustainability.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing executive overhead, which is a positive sign for donor confidence. The organization's NTEE code S41 (Higher Education Institutions) suggests a focus on educational support, and further analysis would require a look into their program service accomplishments.

Transparency appears to be adequate given the consistent filing of IRS Form 990s over a long period. However, the recent financial performance, particularly the growing deficits and declining asset base, warrants a deeper dive into the specific causes and the organization's strategies to address these challenges. Donors and stakeholders would benefit from more detailed explanations of these financial trends.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Association Of College Auxiliary Services Inc with a Mission Score of 65 out of 100 (Good). 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, Association Of College Auxiliary Services Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

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 revenue size and suggests either volunteer leadership or compensation being reported under other expense categories.

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 College Auxiliary Services Inc's IRS 990 filings:

Consistent operating deficits in recent years (e.g., $1.1M deficit in 2023).
Significant decline in assets from $2.48M in 2022 to $0.85M in 2023.
Increasing liabilities, reaching $1.21M in 2023.
Unusual 0% officer compensation for an organization of this size, potentially obscuring true leadership costs.

Strengths

The following positive indicators were identified for Association Of College Auxiliary Services Inc:

Long history of IRS 990 filings, indicating transparency in reporting.
Consistent multi-million dollar revenue generation over many years.
No reported officer compensation, suggesting a focus on minimizing direct executive overhead.

Frequently Asked Questions about Association Of College Auxiliary Services Inc

Why have expenses consistently exceeded revenue in recent years?

The filings show expenses of $3,710,940 against revenue of $2,563,214 in 2023, and $2,770,804 against $2,599,925 in 2022, indicating a trend of operating deficits that needs further explanation.

What caused the significant decrease in assets from $2,478,813 in 2022 to $851,487 in 2023?

The substantial drop in assets in the most recent filing period is a critical financial concern that warrants investigation into asset utilization or potential losses.

How does the organization sustain operations with 0% officer compensation reported?

The consistent reporting of 0% officer compensation is unusual for an organization with multi-million dollar revenues and suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation.

Filing History

IRS 990 filing history for Association Of College Auxiliary Services Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Association Of College Auxiliary Services Inc's revenue has grown by 35.6%, moving from $1.9M to $2.6M. Total assets decreased by 5.4% over the same period, from $900K to $851K. Total functional expenses rose by 115.8%, from $1.7M to $3.7M. In its most recent filing year (2023), Association Of College Auxiliary Services Inc reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $851K in assets (debt-to-asset ratio: 142.3%), resulting in net assets of $-360,225.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.6M	$3.7M	$851K	$1.2M	—	—
2022	$2.6M	$2.8M	$2.5M	$1.8M	—	View 990
2021	$2.2M	$1.9M	$2.1M	$1.1M	—	View 990
2020	$1.7M	$2.0M	$1.7M	$1.0M	—	View 990
2019	$2.9M	$2.9M	$1.5M	$574K	—	View 990
2018	$2.8M	$2.8M	$1.5M	$633K	—	—
2016	$2.3M	$2.3M	$1.3M	$572K	—	View 990
2015	$2.3M	$2.2M	$1.3M	$579K	—	View 990
2014	$2.0M	$2.0M	$1.2M	$567K	—	View 990
2013	$2.1M	$2.0M	$1.2M	$524K	—	View 990
2012	$2.0M	$1.9M	$1.2M	$704K	—	View 990
2011	$1.9M	$1.7M	$900K	$393K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.6M, expenses of $3.7M, and assets of $851K (revenue -1.4% year-over-year).
2022: Revenue of $2.6M, expenses of $2.8M, and assets of $2.5M (revenue +17.4% year-over-year).
2021: Revenue of $2.2M, expenses of $1.9M, and assets of $2.1M (revenue +34.0% year-over-year).
2020: Revenue of $1.7M, expenses of $2.0M, and assets of $1.7M (revenue -42.8% year-over-year).
2019: Revenue of $2.9M, expenses of $2.9M, and assets of $1.5M (revenue +2.6% year-over-year).
2018: Revenue of $2.8M, expenses of $2.8M, and assets of $1.5M (revenue +24.6% year-over-year).
2016: Revenue of $2.3M, expenses of $2.3M, and assets of $1.3M (revenue -2.3% year-over-year).
2015: Revenue of $2.3M, expenses of $2.2M, and assets of $1.3M (revenue +17.5% year-over-year).
2014: Revenue of $2.0M, expenses of $2.0M, and assets of $1.2M (revenue -5.6% year-over-year).
2013: Revenue of $2.1M, expenses of $2.0M, and assets of $1.2M (revenue +6.8% year-over-year).
2012: Revenue of $2.0M, expenses of $1.9M, and assets of $1.2M (revenue +3.2% year-over-year).
2011: Revenue of $1.9M, expenses of $1.7M, and assets of $900K.

Data Sources and Methodology

This transparency report for Association Of College Auxiliary Services 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.