Association Of Securities And Exchange Commission Alumni Inc
SEC Alumni Association: Declining Revenue, Stable Assets, and High Administrative Costs
EIN: 223036796 · Washington, DC · Updated: 2026-04-04
Is Association Of Securities And Exchange Commission Alumni 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 Securities And Exchange Commission Alumni Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Association Of Securities And Exchange Commission Alumni Inc
Association Of Securities And Exchange Commission Alumni Inc (EIN: 223036796) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $527K and total assets of $660K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Securities And Exchange Commission Alumni Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Securities And Exchange Commission Alumni Inc is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). 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 | $96K |
| Total Expenses | $163K |
| Surplus / Deficit | $-67,304 |
| Total Assets | $621K |
| Total Liabilities | $37K |
| Net Assets | $584K |
| Operating Margin | -70.3% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 45.7 months |
Financial Health Grade: B
In 2023, Association Of Securities And Exchange Commission Alumni Inc reported a deficit of $67K with expenses exceeding revenue, holds 45.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Association Of Securities And Exchange Commission Alumni Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -75.5% | -44.6% | -7.2% |
| 2022 | +222.3% | +72.2% | -24.6% |
| 2021 | +131.5% | -8.7% | +5.6% |
| 2020 | -73.0% | -8.2% | +8.4% |
| 2019 | +8.6% | -15.3% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1991 |
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 Securities And Exchange Commission Alumni Inc with a Mission Score of 60 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: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Association Of Securities And Exchange Commission Alumni Inc allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.0%.
Executive Compensation Analysis
The organization consistently reports $0 in compensation for its highest-paid individuals across all available filings, which is unusual for an organization with significant revenue and expenses and suggests potential for indirect compensation or volunteer leadership.
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 Securities And Exchange Commission Alumni Inc's IRS 990 filings:
- Significant decline in revenue from $390,942 in 2022 to $95,793 in 2023.
- Consistent reporting of $0 executive compensation, which may obscure actual benefits or volunteer status.
- High proportion of expenses categorized as 'other expenses' without clear detail (e.g., $163,097 in 2023 out of $163,097 total expenses).
- Lack of detailed program reporting despite substantial assets.
Strengths
The following positive indicators were identified for Association Of Securities And Exchange Commission Alumni Inc:
- Maintains a healthy asset base relative to liabilities, with $621,074 in assets and $37,413 in liabilities in 2023.
- Consistent financial reporting through publicly available filings.
- Stable asset base over several years, indicating good financial management of existing resources.
Frequently Asked Questions about Association Of Securities And Exchange Commission Alumni Inc
Is Association Of Securities And Exchange Commission Alumni Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Securities And Exchange Commission Alumni Inc (EIN: 223036796) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Association Of Securities And Exchange Commission Alumni Inc spend its money?
Association Of Securities And Exchange Commission Alumni Inc directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Securities And Exchange Commission Alumni Inc tax-deductible?
Association Of Securities And Exchange Commission Alumni Inc is registered as a tax-exempt nonprofit (EIN: 223036796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Association Of Securities And Exchange Commission Alumni Inc do?
Association Of Securities And Exchange Commission Alumni Inc is a nonprofit organization in the Unknown sector, located in Washington, District of Columbia. It is classified under NTEE code Unknown.
How much revenue does Association Of Securities And Exchange Commission Alumni Inc have?
Association Of Securities And Exchange Commission Alumni Inc reported total revenue of $526,659. Based on 13 IRS 990 filings on record.
What are Association Of Securities And Exchange Commission Alumni Inc's total assets?
Association Of Securities And Exchange Commission Alumni Inc holds total assets of $660,064 as reported in IRS 990 filings.
Where is Association Of Securities And Exchange Commission Alumni Inc located?
Association Of Securities And Exchange Commission Alumni Inc is based in Washington, District of Columbia.
What is Association Of Securities And Exchange Commission Alumni Inc's EIN?
Association Of Securities And Exchange Commission Alumni Inc's Employer Identification Number (EIN) is 223036796. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Association Of Securities And Exchange Commission Alumni Inc?
Association Of Securities And Exchange Commission Alumni Inc is classified under NTEE code Unknown (Unknown).
Is Association Of Securities And Exchange Commission Alumni Inc a registered 501(c)(3)?
Association Of Securities And Exchange Commission Alumni Inc appears in IRS records (EIN: 223036796). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Association Of Securities And Exchange Commission Alumni Inc file IRS Form 990?
Yes, Association Of Securities And Exchange Commission Alumni Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Association Of Securities And Exchange Commission Alumni Inc's revenue in 2023?
In the 202312 filing period, Association Of Securities And Exchange Commission Alumni Inc reported total revenue of $95,793, total expenses of $163,097, and net assets of $621,074.
Is Association Of Securities And Exchange Commission Alumni Inc's revenue growing or declining?
Association Of Securities And Exchange Commission Alumni Inc's revenue is declining. Revenue went from $390,942 (202212) to $95,793 (202312), a -75.5% change. Based on 13 filings on record.
What is Association Of Securities And Exchange Commission Alumni Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Association Of Securities And Exchange Commission Alumni Inc covers tax period 202312. It shows revenue of $95,793, expenses of $163,097, total assets of $621,074, and liabilities of $37,413.
How much does Association Of Securities And Exchange Commission Alumni Inc spend on programs vs administration?
Based on IRS 990 analysis, Association Of Securities And Exchange Commission Alumni Inc allocates approximately 50% of expenses to program services, 40% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Association Of Securities And Exchange Commission Alumni Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Association Of Securities And Exchange Commission Alumni Inc shows mixed signals. Mission Score: 60/100 (Good). 4 red flags identified. 3 strengths noted.
What are the red flags for Association Of Securities And Exchange Commission Alumni Inc?
The following concerns were identified: Significant decline in revenue from $390,942 in 2022 to $95,793 in 2023.. Consistent reporting of $0 executive compensation, which may obscure actual benefits or volunteer status.. High proportion of expenses categorized as 'other expenses' without clear detail (e.g., $163,097 in 2023 out of $163,097 total expenses).. Lack of detailed program reporting despite substantial assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Association Of Securities And Exchange Commission Alumni Inc's strengths?
Positive indicators for Association Of Securities And Exchange Commission Alumni Inc include: Maintains a healthy asset base relative to liabilities, with $621,074 in assets and $37,413 in liabilities in 2023.. Consistent financial reporting through publicly available filings.. Stable asset base over several years, indicating good financial management of existing resources.. These findings are derived from AI analysis of the organization's financial filings.
How does Association Of Securities And Exchange Commission Alumni Inc compensate executives?
The organization consistently reports $0 in compensation for its highest-paid individuals across all available filings, which is unusual for an organization with significant revenue and expenses and suggests potential for indirect compensation or volunteer leadership. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 executive compensation reported, how does the organization attract and retain leadership, and what are the indirect benefits or volunteer structures in place?
The consistent reporting of $0 executive compensation suggests that the leadership may be entirely volunteer-based or compensated through non-reportable means. This structure could attract individuals committed to the mission without financial incentive, but it also raises questions about sustainability and potential for conflicts of interest if leaders have other affiliations.
What specific programs or activities account for the majority of the organization's expenses, especially given the significant 'other expenses' reported?
Without more detailed breakdowns, it's difficult to ascertain the primary programmatic expenditures. The large 'other expenses' category (e.g., $163,097 in 2023) could encompass events, advocacy, or operational costs not clearly defined, making it challenging to assess program efficiency and impact.
Filing History
IRS 990 filing history for Association Of Securities And Exchange Commission Alumni Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Of Securities And Exchange Commission Alumni Inc's revenue has declined by 56.2%, moving from $219K to $96K. Total assets decreased by 2.2% over the same period, from $635K to $621K. Total functional expenses rose by 9.7%, from $149K to $163K. In its most recent filing year (2023), Association Of Securities And Exchange Commission Alumni Inc reported a deficit of $67K, with expenses exceeding revenue. The organization holds $37K in liabilities against $621K in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $584K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $163K | $621K | $37K | — | — |
| 2022 | $391K | $295K | $669K | $47K | — | View 990 |
| 2021 | $121K | $171K | $888K | $340K | — | View 990 |
| 2020 | $52K | $187K | $841K | $275K | — | View 990 |
| 2019 | $194K | $204K | $776K | $83K | — | View 990 |
| 2018 | $179K | $241K | $748K | $97K | — | View 990 |
| 2017 | $148K | $135K | $843K | $106K | — | View 990 |
| 2016 | $212K | $173K | $763K | $70K | — | View 990 |
| 2015 | $165K | $187K | $771K | $117K | — | View 990 |
| 2014 | $175K | $195K | $738K | $63K | — | View 990 |
| 2013 | $238K | $161K | $759K | $63K | — | View 990 |
| 2012 | $240K | $160K | $731K | $112K | — | View 990 |
| 2011 | $219K | $149K | $635K | $95K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $163K, and assets of $621K (revenue -75.5% year-over-year).
- 2022: Revenue of $391K, expenses of $295K, and assets of $669K (revenue +222.3% year-over-year).
- 2021: Revenue of $121K, expenses of $171K, and assets of $888K (revenue +131.5% year-over-year).
- 2020: Revenue of $52K, expenses of $187K, and assets of $841K (revenue -73.0% year-over-year).
- 2019: Revenue of $194K, expenses of $204K, and assets of $776K (revenue +8.6% year-over-year).
- 2018: Revenue of $179K, expenses of $241K, and assets of $748K (revenue +21.1% year-over-year).
- 2017: Revenue of $148K, expenses of $135K, and assets of $843K (revenue -30.4% year-over-year).
- 2016: Revenue of $212K, expenses of $173K, and assets of $763K (revenue +28.5% year-over-year).
- 2015: Revenue of $165K, expenses of $187K, and assets of $771K (revenue -5.4% year-over-year).
- 2014: Revenue of $175K, expenses of $195K, and assets of $738K (revenue -26.6% year-over-year).
- 2013: Revenue of $238K, expenses of $161K, and assets of $759K (revenue -0.9% year-over-year).
- 2012: Revenue of $240K, expenses of $160K, and assets of $731K (revenue +9.9% year-over-year).
- 2011: Revenue of $219K, expenses of $149K, and assets of $635K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Securities And Exchange Commission Alumni Inc:
Data Sources and Methodology
This transparency report for Association Of Securities And Exchange Commission Alumni 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.