Association Of Educationalpurchasing Agencies Inc
Association Of Educationalpurchasing Agencies Inc shows consistent revenue growth and zero liabilities over a decade.
EIN: 208565337 · Gamaliel, KY · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $504K |
| Total Expenses | $307K |
| Program Spending | 85% |
| Net Assets | $569K |
| Transparency Score | 90/100 |
Is Association Of Educationalpurchasing Agencies Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Educationalpurchasing Agencies Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Educationalpurchasing Agencies Inc
Association Of Educationalpurchasing Agencies Inc (EIN: 208565337) is a nonprofit organization based in Gamaliel, KY, classified under NTEE code S41. The organization reported total revenue of $504K and total assets of $660K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Educationalpurchasing Agencies Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Educationalpurchasing Agencies Inc is a small nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $474K |
| Total Expenses | $307K |
| Surplus / Deficit | +$167K |
| Total Assets | $569K |
| Net Assets | $569K |
| Operating Margin | 35.3% |
| Months of Reserves | 22.2 months |
Financial Health Grade: A
In 2023, Association Of Educationalpurchasing Agencies Inc reported a surplus of $167K with revenue exceeding expenses, holds 22.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Association Of Educationalpurchasing Agencies Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.4% | -8.6% | +41.6% |
| 2022 | +51.9% | +33.2% | +32.1% |
| 2021 | -7.6% | +15.9% | +12.3% |
| 2020 | +22.0% | -7.3% | +51.0% |
| 2019 | +0.1% | +0.3% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Educationalpurchasing Agencies Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Association Of Educationalpurchasing Agencies Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $167K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive team or that executive compensation is not categorized as 'officer compensation' on their 990s, which is unusual for an organization of its size and growing revenue.
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 Educationalpurchasing Agencies Inc's IRS 990 filings:
- Unclear executive compensation structure given 0% reported officer compensation across all filings, which might warrant further inquiry into how leadership is compensated or if it's entirely volunteer-driven.
Strengths
The following positive indicators were identified for Association Of Educationalpurchasing Agencies Inc:
- Consistent revenue growth, increasing from $253,311 in 2019 to $474,160 in 2023.
- Zero reported liabilities across all 14 filings, indicating exceptional financial health and low risk.
- Strong asset growth, from $179,234 in 2019 to $568,968 in 2023.
- Consistent operational surplus, with revenues significantly exceeding expenses.
- High transparency with a long history of IRS 990 filings.
Frequently Asked Questions about Association Of Educationalpurchasing Agencies Inc
Is Association Of Educationalpurchasing Agencies Inc a legitimate charity?
Association Of Educationalpurchasing Agencies Inc (EIN: 208565337) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $504K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Association Of Educationalpurchasing Agencies Inc spend its money?
Association Of Educationalpurchasing Agencies Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Association Of Educationalpurchasing Agencies Inc tax-deductible?
Association Of Educationalpurchasing Agencies Inc is registered as a tax-exempt nonprofit (EIN: 208565337). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Association Of Educationalpurchasing Agencies Inc's spending goes to programs?
Association Of Educationalpurchasing Agencies Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Association Of Educationalpurchasing Agencies Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Association Of Educationalpurchasing Agencies Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Association Of Educationalpurchasing Agencies Inc located?
Association Of Educationalpurchasing Agencies Inc is headquartered in Gamaliel, Kentucky and files with the IRS under EIN 208565337. It is classified under NTEE code S41.
How many years of IRS 990 filings does Association Of Educationalpurchasing Agencies Inc have?
Association Of Educationalpurchasing Agencies Inc has 14 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 $504K in total revenue.
Is Association Of Educationalpurchasing Agencies Inc a good charity?
Based on the financial data, the Association Of Educationalpurchasing Agencies Inc appears to be a very well-managed organization with strong financial health, consistent revenue growth, and no reported liabilities. This indicates sound fiscal stewardship and efficiency.
How does the organization manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation for key personnel is classified under other expense categories, rather than directly as officer compensation on the 990.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, growing from $179,234 in 2019 to $568,968 in 2023, indicating healthy financial accumulation and stability.
How efficient is the organization's spending?
The organization consistently generates a surplus, with revenues significantly exceeding expenses (e.g., $474,160 revenue vs. $306,903 expenses in 2023), which suggests efficient operations and effective resource management.
Filing History
IRS 990 filing history for Association Of Educationalpurchasing Agencies Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Association Of Educationalpurchasing Agencies Inc's revenue has grown by 221.4%, moving from $148K to $474K. Total assets increased by 309% over the same period, from $139K to $569K. Total functional expenses rose by 172.1%, from $113K to $307K. In its most recent filing year (2023), Association Of Educationalpurchasing Agencies Inc reported a surplus of $167K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $474K | $307K | $569K | $0 | — | View 990 |
| 2022 | $434K | $336K | $402K | $0 | — | View 990 |
| 2021 | $285K | $252K | $304K | $0 | — | View 990 |
| 2020 | $309K | $218K | $271K | $0 | — | — |
| 2019 | $253K | $235K | $179K | $0 | — | View 990 |
| 2018 | $253K | $234K | $161K | $0 | — | View 990 |
| 2017 | $249K | $334K | $141K | $0 | — | View 990 |
| 2016 | $219K | $253K | $227K | $0 | — | View 990 |
| 2015 | $280K | $195K | $261K | $0 | — | View 990 |
| 2014 | $262K | $220K | $176K | $0 | — | View 990 |
| 2013 | $170K | $123K | $135K | $0 | — | View 990 |
| 2012 | $112K | $144K | $87K | $0 | — | — |
| 2011 | $120K | $139K | $120K | $0 | — | View 990 |
| 2010 | $148K | $113K | $139K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $474K, expenses of $307K, and assets of $569K (revenue +9.4% year-over-year).
- 2022: Revenue of $434K, expenses of $336K, and assets of $402K (revenue +51.9% year-over-year).
- 2021: Revenue of $285K, expenses of $252K, and assets of $304K (revenue -7.6% year-over-year).
- 2020: Revenue of $309K, expenses of $218K, and assets of $271K (revenue +22.0% year-over-year).
- 2019: Revenue of $253K, expenses of $235K, and assets of $179K (revenue +0.1% year-over-year).
- 2018: Revenue of $253K, expenses of $234K, and assets of $161K (revenue +1.8% year-over-year).
- 2017: Revenue of $249K, expenses of $334K, and assets of $141K (revenue +13.6% year-over-year).
- 2016: Revenue of $219K, expenses of $253K, and assets of $227K (revenue -21.9% year-over-year).
- 2015: Revenue of $280K, expenses of $195K, and assets of $261K (revenue +7.0% year-over-year).
- 2014: Revenue of $262K, expenses of $220K, and assets of $176K (revenue +54.0% year-over-year).
- 2013: Revenue of $170K, expenses of $123K, and assets of $135K (revenue +52.2% year-over-year).
- 2012: Revenue of $112K, expenses of $144K, and assets of $87K (revenue -6.6% year-over-year).
- 2011: Revenue of $120K, expenses of $139K, and assets of $120K (revenue -18.9% year-over-year).
- 2010: Revenue of $148K, expenses of $113K, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Educationalpurchasing Agencies Inc:
Data Sources and Methodology
This transparency report for Association Of Educationalpurchasing Agencies 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.