Association Of Independent Commercial Producers Inc
AICP shows strong financial growth with increasing revenues and assets, and no reported officer compensation.
EIN: 132920121 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $6.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $6.6M |
| Transparency Score | 85/100 |
Is Association Of Independent Commercial Producers 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 Independent Commercial Producers Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Independent Commercial Producers Inc
Association Of Independent Commercial Producers Inc (EIN: 132920121) is a nonprofit organization based in New York, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Independent Commercial Producers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Independent Commercial Producers Inc is a mid-size nonprofit that has been operating for 47 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.1M |
| Total Expenses | $6.2M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $7.1M |
| Total Liabilities | $462K |
| Net Assets | $6.6M |
| Operating Margin | 23.0% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, Association Of Independent Commercial Producers Inc reported a surplus of $1.9M with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Association Of Independent Commercial Producers Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | +2.8% | +37.7% |
| 2022 | +60.2% | +38.0% | +127.1% |
| 2021 | +8.5% | -1.0% | +204.9% |
| 2020 | -27.7% | -34.1% | +14.0% |
| 2019 | -2.8% | +2.3% | -50.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
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 Independent Commercial Producers 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Association Of Independent Commercial Producers Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size with revenues exceeding $8 million.
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 Independent Commercial Producers Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may warrant further inquiry into how leadership is compensated or structured.
- Lack of detailed functional expense breakdown (programs, admin, fundraising) in the provided summary data, limiting precise efficiency analysis.
Strengths
The following positive indicators were identified for Association Of Independent Commercial Producers Inc:
- Consistent revenue growth, with 2023 revenue at $8,057,477, up from $4,463,774 in 2020.
- Strong financial health, evidenced by revenues consistently exceeding expenses in recent years (e.g., $1.8 million surplus in 2023).
- Significant asset accumulation, growing from $740,908 in 2020 to $7,067,348 in 2023, indicating robust financial management and reserve building.
- Low liabilities relative to assets, demonstrating strong solvency (e.g., $462,464 liabilities vs. $7,067,348 assets in 2023).
Frequently Asked Questions about Association Of Independent Commercial Producers Inc
Is Association Of Independent Commercial Producers Inc a legitimate charity?
Association Of Independent Commercial Producers Inc (EIN: 132920121) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Association Of Independent Commercial Producers Inc spend its money?
Association Of Independent Commercial Producers Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Association Of Independent Commercial Producers Inc tax-deductible?
Association Of Independent Commercial Producers Inc is registered as a tax-exempt nonprofit (EIN: 132920121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Association Of Independent Commercial Producers Inc CEO make?
Association Of Independent Commercial Producers Inc's highest-compensated officer earns $8 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Association Of Independent Commercial Producers Inc's spending goes to programs?
Association Of Independent Commercial Producers Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Association Of Independent Commercial Producers Inc located?
Association Of Independent Commercial Producers Inc is headquartered in New York, New York and files with the IRS under EIN 132920121.
How many years of IRS 990 filings does Association Of Independent Commercial Producers Inc have?
Association Of Independent Commercial Producers 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.
How does AICP manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenues in the millions. This could imply that officers are volunteers, compensated through other means not categorized as 'officer compensation' on the 990, or that the organization's structure allows for this arrangement. Further investigation into their operational model would be needed.
What are the primary sources of AICP's revenue?
While the provided data shows total revenue, it does not specify the breakdown (e.g., membership dues, program service revenue, contributions). Given its name, it's likely a significant portion comes from membership dues or industry-related services.
What is the organization's strategy for its growing asset base?
AICP's assets have grown significantly from $740,908 in 2020 to $7,067,348 in 2023. This rapid accumulation suggests a strategy of building reserves, potentially for future programs, investments, or to ensure long-term stability. The specific use of these assets is not detailed in the provided data.
Filing History
IRS 990 filing history for Association Of Independent Commercial Producers Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Association Of Independent Commercial Producers Inc's revenue has grown by 129.6%, moving from $3.5M to $8.1M. Total assets increased by 742.6% over the same period, from $839K to $7.1M. Total functional expenses rose by 70.1%, from $3.6M to $6.2M. In its most recent filing year (2023), Association Of Independent Commercial Producers Inc reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $462K in liabilities against $7.1M in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.1M | $6.2M | $7.1M | $462K | — | — |
| 2022 | $7.8M | $6.0M | $5.1M | $382K | — | View 990 |
| 2021 | $4.8M | $4.4M | $2.3M | $535K | — | View 990 |
| 2020 | $4.5M | $4.4M | $741K | $174K | — | View 990 |
| 2019 | $6.2M | $6.7M | $650K | $130K | — | — |
| 2018 | $6.4M | $6.5M | $1.3M | $179K | — | View 990 |
| 2017 | $6.3M | $5.7M | $1.5M | $187K | — | View 990 |
| 2016 | $5.2M | $5.5M | $741K | $27K | — | View 990 |
| 2015 | $5.8M | $5.2M | $1.1M | $3K | — | View 990 |
| 2014 | $5.1M | $5.2M | $530K | $128K | — | View 990 |
| 2013 | $4.5M | $4.6M | $645K | $118K | — | View 990 |
| 2012 | $4.1M | $4.2M | $788K | $295K | — | View 990 |
| 2011 | $3.9M | $4.1M | $809K | $237K | — | View 990 |
| 2010 | $3.5M | $3.6M | $839K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.1M, expenses of $6.2M, and assets of $7.1M (revenue +3.9% year-over-year).
- 2022: Revenue of $7.8M, expenses of $6.0M, and assets of $5.1M (revenue +60.2% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.4M, and assets of $2.3M (revenue +8.5% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.4M, and assets of $741K (revenue -27.7% year-over-year).
- 2019: Revenue of $6.2M, expenses of $6.7M, and assets of $650K (revenue -2.8% year-over-year).
- 2018: Revenue of $6.4M, expenses of $6.5M, and assets of $1.3M (revenue +0.2% year-over-year).
- 2017: Revenue of $6.3M, expenses of $5.7M, and assets of $1.5M (revenue +21.9% year-over-year).
- 2016: Revenue of $5.2M, expenses of $5.5M, and assets of $741K (revenue -10.9% year-over-year).
- 2015: Revenue of $5.8M, expenses of $5.2M, and assets of $1.1M (revenue +14.0% year-over-year).
- 2014: Revenue of $5.1M, expenses of $5.2M, and assets of $530K (revenue +12.6% year-over-year).
- 2013: Revenue of $4.5M, expenses of $4.6M, and assets of $645K (revenue +10.1% year-over-year).
- 2012: Revenue of $4.1M, expenses of $4.2M, and assets of $788K (revenue +7.3% year-over-year).
- 2011: Revenue of $3.9M, expenses of $4.1M, and assets of $809K (revenue +9.8% year-over-year).
- 2010: Revenue of $3.5M, expenses of $3.6M, and assets of $839K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Independent Commercial Producers Inc:
Data Sources and Methodology
This transparency report for Association Of Independent Commercial Producers 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.