Association Of Corporate Travel Executives Inc Bamkruptcy
Corporate Travel Executives Association Faces Bankruptcy Amidst Financial Decline
EIN: 222873139 · Wilmington, DE · Updated: 2026-04-04
Is Association Of Corporate Travel Executives Inc Bamkruptcy Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Corporate Travel Executives Inc Bamkruptcy directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Association Of Corporate Travel Executives Inc Bamkruptcy
Association Of Corporate Travel Executives Inc Bamkruptcy (EIN: 222873139) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $4.7M and total assets of $219K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Corporate Travel Executives Inc Bamkruptcy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Corporate Travel Executives Inc Bamkruptcy is a mid-size nonprofit that has been operating for 38 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $5.5M |
| Surplus / Deficit | +$169K |
| Total Assets | $278K |
| Total Liabilities | $1.2M |
| Net Assets | $-937,339 |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 437.5% |
| Months of Reserves | 0.6 months |
Financial Health Grade: B
In 2018, Association Of Corporate Travel Executives Inc Bamkruptcy reported a surplus of $169K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 437.5% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Association Of Corporate Travel Executives Inc Bamkruptcy's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +2.3% | -6.7% | -15.2% |
| 2017 | +1.8% | +12.7% | -52.5% |
| 2016 | +6.3% | +5.4% | +49.6% |
| 2015 | +12.9% | +10.9% | +60.2% |
| 2014 | -7.8% | -2.5% | -43.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
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 Corporate Travel Executives Inc Bamkruptcy with a Mission Score of 45 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Association Of Corporate Travel Executives Inc Bamkruptcy allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $169K, with revenue exceeding expenses.
- Debt-to-asset ratio: 437.5%.
Executive Compensation Analysis
Executive compensation is not transparently reported in the provided filings, consistently showing 'c0%', which makes a proper assessment impossible.
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 Corporate Travel Executives Inc Bamkruptcy's IRS 990 filings:
- The organization is currently in bankruptcy, as indicated by the name 'Association Of Corporate Travel Executives Inc Bamkruptcy'.
- Total revenue has decreased from $5,636,042 in 2018 to $4,717,975 in the most recent filing, signaling financial instability.
- Net assets have significantly declined from $689,039 in 2016 to $218,695 in the most recent filing, indicating a shrinking financial base.
- The consistent reporting of 'c0%' for compensation across all years raises concerns about transparency regarding executive pay.
Strengths
The following positive indicators were identified for Association Of Corporate Travel Executives Inc Bamkruptcy:
- The organization has a history of significant revenue generation, exceeding $4.5 million annually for several years prior to its recent decline.
Frequently Asked Questions about Association Of Corporate Travel Executives Inc Bamkruptcy
Is Association Of Corporate Travel Executives Inc Bamkruptcy a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Corporate Travel Executives Inc Bamkruptcy (EIN: 222873139) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does Association Of Corporate Travel Executives Inc Bamkruptcy spend its money?
Association Of Corporate Travel Executives Inc Bamkruptcy directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Corporate Travel Executives Inc Bamkruptcy tax-deductible?
Association Of Corporate Travel Executives Inc Bamkruptcy is registered as a tax-exempt nonprofit (EIN: 222873139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Association Of Corporate Travel Executives Inc Bamkruptcy do?
Association Of Corporate Travel Executives Inc Bamkruptcy is a nonprofit organization in the Unknown sector, located in Wilmington, Delaware. It is classified under NTEE code Unknown.
How much revenue does Association Of Corporate Travel Executives Inc Bamkruptcy have?
Association Of Corporate Travel Executives Inc Bamkruptcy reported total revenue of $4,717,975. Based on 8 IRS 990 filings on record.
What are Association Of Corporate Travel Executives Inc Bamkruptcy's total assets?
Association Of Corporate Travel Executives Inc Bamkruptcy holds total assets of $218,695 as reported in IRS 990 filings.
Where is Association Of Corporate Travel Executives Inc Bamkruptcy located?
Association Of Corporate Travel Executives Inc Bamkruptcy is based in Wilmington, Delaware.
What is Association Of Corporate Travel Executives Inc Bamkruptcy's EIN?
Association Of Corporate Travel Executives Inc Bamkruptcy's Employer Identification Number (EIN) is 222873139. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Association Of Corporate Travel Executives Inc Bamkruptcy?
Association Of Corporate Travel Executives Inc Bamkruptcy is classified under NTEE code Unknown (Unknown).
Is Association Of Corporate Travel Executives Inc Bamkruptcy a registered 501(c)(3)?
Association Of Corporate Travel Executives Inc Bamkruptcy appears in IRS records (EIN: 222873139). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Association Of Corporate Travel Executives Inc Bamkruptcy file IRS Form 990?
Yes, Association Of Corporate Travel Executives Inc Bamkruptcy has 8 IRS Form 990 filings on record. The most recent covers tax period 201812.
What was Association Of Corporate Travel Executives Inc Bamkruptcy's revenue in 2018?
In the 201812 filing period, Association Of Corporate Travel Executives Inc Bamkruptcy reported total revenue of $5,636,042, total expenses of $5,466,684, and net assets of $277,722.
Is Association Of Corporate Travel Executives Inc Bamkruptcy's revenue growing or declining?
Association Of Corporate Travel Executives Inc Bamkruptcy's revenue is relatively stable. Revenue went from $5,510,795 (201712) to $5,636,042 (201812), a +2.3% change. Based on 8 filings on record.
What is Association Of Corporate Travel Executives Inc Bamkruptcy's most recent 990 filing?
The most recent IRS Form 990 filing for Association Of Corporate Travel Executives Inc Bamkruptcy covers tax period 201812. It shows revenue of $5,636,042, expenses of $5,466,684, total assets of $277,722, and liabilities of $1,215,061.
How much does Association Of Corporate Travel Executives Inc Bamkruptcy spend on programs vs administration?
Based on IRS 990 analysis, Association Of Corporate Travel Executives Inc Bamkruptcy allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Association Of Corporate Travel Executives Inc Bamkruptcy a trustworthy charity?
Based on AI analysis of IRS 990 data, Association Of Corporate Travel Executives Inc Bamkruptcy shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 1 strength noted.
What are the red flags for Association Of Corporate Travel Executives Inc Bamkruptcy?
The following concerns were identified: The organization is currently in bankruptcy, as indicated by the name 'Association Of Corporate Travel Executives Inc Bamkruptcy'.. Total revenue has decreased from $5,636,042 in 2018 to $4,717,975 in the most recent filing, signaling financial instability.. Net assets have significantly declined from $689,039 in 2016 to $218,695 in the most recent filing, indicating a shrinking financial base.. The consistent reporting of 'c0%' for compensation across all years raises concerns about transparency regarding executive pay.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Association Of Corporate Travel Executives Inc Bamkruptcy's strengths?
Positive indicators for Association Of Corporate Travel Executives Inc Bamkruptcy include: The organization has a history of significant revenue generation, exceeding $4.5 million annually for several years prior to its recent decline.. These findings are derived from AI analysis of the organization's financial filings.
How does Association Of Corporate Travel Executives Inc Bamkruptcy compensate executives?
Executive compensation is not transparently reported in the provided filings, consistently showing 'c0%', which makes a proper assessment impossible. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the bankruptcy status and declining financials, what specific strategic missteps or external market forces led to such a rapid deterioration from 2018's revenue of $5,636,042 to the current state?
The provided data indicates a sharp decline in revenue and assets, culminating in bankruptcy. Without further narrative, it's difficult to pinpoint exact causes, but a significant drop in travel industry activity or poor financial management are likely contributors.
Filing History
IRS 990 filing history for Association Of Corporate Travel Executives Inc Bamkruptcy showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Association Of Corporate Travel Executives Inc Bamkruptcy's revenue has grown by 6.2%, moving from $5.3M to $5.6M. Total assets decreased by 25.2% over the same period, from $371K to $278K. Total functional expenses fell by 6.4%, from $5.8M to $5.5M. In its most recent filing year (2018), Association Of Corporate Travel Executives Inc Bamkruptcy reported a surplus of $169K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $278K in assets (debt-to-asset ratio: 437.5%), resulting in net assets of $-937,339.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $5.6M | $5.5M | $278K | $1.2M | — | View 990 |
| 2017 | $5.5M | $5.9M | $328K | $1.4M | — | — |
| 2016 | $5.4M | $5.2M | $689K | $1.4M | — | View 990 |
| 2015 | $5.1M | $4.9M | $461K | $1.4M | — | View 990 |
| 2014 | $4.5M | $4.4M | $288K | $1.4M | — | View 990 |
| 2013 | $4.9M | $4.6M | $504K | $1.5M | — | View 990 |
| 2012 | $5.2M | $5.4M | $486K | $1.8M | — | View 990 |
| 2011 | $5.3M | $5.8M | $371K | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $5.6M, expenses of $5.5M, and assets of $278K (revenue +2.3% year-over-year).
- 2017: Revenue of $5.5M, expenses of $5.9M, and assets of $328K (revenue +1.8% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.2M, and assets of $689K (revenue +6.3% year-over-year).
- 2015: Revenue of $5.1M, expenses of $4.9M, and assets of $461K (revenue +12.9% year-over-year).
- 2014: Revenue of $4.5M, expenses of $4.4M, and assets of $288K (revenue -7.8% year-over-year).
- 2013: Revenue of $4.9M, expenses of $4.6M, and assets of $504K (revenue -5.4% year-over-year).
- 2012: Revenue of $5.2M, expenses of $5.4M, and assets of $486K (revenue -2.6% year-over-year).
- 2011: Revenue of $5.3M, expenses of $5.8M, and assets of $371K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Corporate Travel Executives Inc Bamkruptcy:
Data Sources and Methodology
This transparency report for Association Of Corporate Travel Executives Inc Bamkruptcy 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.