Association Of Small Business Development Centers
Association Of Small Business Development Centers experiences declining revenue and tight margins in recent years.
EIN: 10365191 · Warrenton, VA · Updated: 2026-03-27
Is Association Of Small Business Development Centers Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Small Business Development Centers directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Small Business Development Centers
Association Of Small Business Development Centers (EIN: 10365191) is a nonprofit organization based in Warrenton, VA. The organization reported total revenue of $13.7M and total assets of $13.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Small Business Development Centers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association Of Small Business Development Centers with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Association Of Small Business Development Centers 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all provided filings, which is highly unusual for an organization with revenues in the millions, suggesting either a fully volunteer executive team or that compensation is categorized differently and not explicitly disclosed as 'Officer Comp' in this summary.
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 Small Business Development Centers's IRS 990 filings:
- Significant decline in revenue from $9,990,521 in 2021 to $3,625,572 in 2023.
- Consistent trend of expenses slightly exceeding revenue in recent years (e.g., $3,650,334 expenses vs. $3,625,572 revenue in 2023), indicating tight operational margins.
- Unusually low reported officer compensation (0%) for an organization with multi-million dollar revenues, which may require further clarification on executive remuneration practices.
Strengths
The following positive indicators were identified for Association Of Small Business Development Centers:
- Relatively low liabilities compared to assets (e.g., $119,237 liabilities vs. $2,555,179 assets in 2023), indicating good financial solvency.
- History of consistent filings (13 filings), suggesting good compliance and transparency in reporting.
- Assets have remained substantial despite revenue fluctuations, providing some financial cushion (e.g., $2,555,179 in assets in 2023).
Frequently Asked Questions about Association Of Small Business Development Centers
Is Association Of Small Business Development Centers a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Small Business Development Centers (EIN: 10365191) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Association Of Small Business Development Centers spend its money?
Association Of Small Business Development Centers directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Small Business Development Centers tax-deductible?
Association Of Small Business Development Centers is registered as a tax-exempt nonprofit (EIN: 10365191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why has the organization's revenue significantly decreased from $9,990,521 in 2021 to $3,625,572 in 2023?
The provided data does not specify the reasons for the revenue decline, but it's a significant trend that warrants further investigation into funding sources and operational changes.
How does the organization manage to report 0% officer compensation despite millions in revenue?
This could indicate a volunteer-led executive structure, or that executive salaries are reported under other expense categories (e.g., program or administrative staff) rather than specifically as 'Officer Comp'. Further detail from the full 990 form would clarify this.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary lacks this specific functional expense breakdown, which is crucial for a complete assessment of spending efficiency. The estimated breakdown is based on general nonprofit best practices and the absence of high liabilities or excessive asset accumulation.
Are the consistent deficits (expenses exceeding revenue) in recent years sustainable?
While the deficits are relatively small (e.g., $24,762 in 2023), a consistent trend of spending more than revenue, even slightly, can erode reserves over time if not managed effectively. The organization's assets have also decreased from $3,459,287 in 2020 to $2,555,179 in 2023, which could be impacted by these deficits.
Filing History
IRS 990 filing history for Association Of Small Business Development Centers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Of Small Business Development Centers's revenue has grown by 81.4%, moving from $2.0M to $3.6M. Total assets decreased by 7.7% over the same period, from $2.8M to $2.6M. Total functional expenses rose by 93.4%, from $1.9M to $3.7M. In its most recent filing year (2023), Association Of Small Business Development Centers reported a deficit of $25K, with expenses exceeding revenue. The organization holds $119K in liabilities against $2.6M in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.7M | $2.6M | $119K | — | — |
| 2022 | $8.2M | $8.4M | $2.3M | $113K | — | View 990 |
| 2021 | $10.0M | $10.2M | $3.4M | $665K | — | View 990 |
| 2020 | $8.8M | $8.5M | $3.5M | $729K | — | View 990 |
| 2019 | $3.3M | $3.9M | $2.4M | $169K | — | — |
| 2018 | $3.6M | $3.8M | $2.7M | $256K | — | View 990 |
| 2017 | $2.8M | $3.0M | $3.0M | $175K | — | View 990 |
| 2016 | $2.3M | $2.2M | $2.9M | $35K | — | View 990 |
| 2015 | $2.3M | $2.5M | $2.7M | $54K | — | View 990 |
| 2014 | $2.1M | $2.0M | $3.0M | $32K | — | View 990 |
| 2013 | $1.7M | $1.8M | $3.1M | $133K | — | View 990 |
| 2012 | $1.9M | $1.8M | $3.0M | $62K | — | View 990 |
| 2011 | $2.0M | $1.9M | $2.8M | $74K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.7M, and assets of $2.6M (revenue -55.9% year-over-year).
- 2022: Revenue of $8.2M, expenses of $8.4M, and assets of $2.3M (revenue -17.8% year-over-year).
- 2021: Revenue of $10.0M, expenses of $10.2M, and assets of $3.4M (revenue +13.6% year-over-year).
- 2020: Revenue of $8.8M, expenses of $8.5M, and assets of $3.5M (revenue +166.2% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.9M, and assets of $2.4M (revenue -7.4% year-over-year).
- 2018: Revenue of $3.6M, expenses of $3.8M, and assets of $2.7M (revenue +25.3% year-over-year).
- 2017: Revenue of $2.8M, expenses of $3.0M, and assets of $3.0M (revenue +24.1% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.2M, and assets of $2.9M (revenue +1.3% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.5M, and assets of $2.7M (revenue +6.2% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.0M, and assets of $3.0M (revenue +25.2% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.8M, and assets of $3.1M (revenue -12.2% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $3.0M (revenue -3.0% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $2.8M.
Data Sources and Methodology
This transparency report for Association Of Small Business Development Centers 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.