Association Of Social Work Boards
ASWB: Strong Financials, High Program Spending, but Transparency Lacking on Specifics
EIN: 222414510 · Culpeper, VA · NTEE: W70 · Updated: 2026-04-04
Is Association Of Social Work Boards Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Social Work Boards directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Social Work Boards
Association Of Social Work Boards (EIN: 222414510) is a nonprofit organization based in Culpeper, VA, classified under NTEE code W70. The organization reported total revenue of $28.5M and total assets of $51.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Social Work Boards'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 Social Work Boards 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Association Of Social Work Boards allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the summary data, making a specific assessment difficult without further investigation into Form 990 filings.
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.
Strengths
The following positive indicators were identified for Association Of Social Work Boards:
- Consistently strong revenue growth, from $13.7M in 2016 to $22.6M in 2023.
- Healthy asset accumulation, reaching $47.2M in 2023.
- Low liability-to-asset ratio, indicating strong financial stability.
Frequently Asked Questions about Association Of Social Work Boards
Is Association Of Social Work Boards a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Social Work Boards (EIN: 222414510) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Association Of Social Work Boards spend its money?
Association Of Social Work Boards directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Social Work Boards tax-deductible?
Association Of Social Work Boards is registered as a tax-exempt nonprofit (EIN: 222414510). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Association Of Social Work Boards do?
Association Of Social Work Boards is a nonprofit organization in the Public & Society Benefit sector, located in Culpeper, Virginia. It is classified under NTEE code W70.
How much revenue does Association Of Social Work Boards have?
Association Of Social Work Boards reported total revenue of $28,479,841. Based on 13 IRS 990 filings on record.
What are Association Of Social Work Boards's total assets?
Association Of Social Work Boards holds total assets of $51,053,570 as reported in IRS 990 filings.
Where is Association Of Social Work Boards located?
Association Of Social Work Boards is based in Culpeper, Virginia.
What is Association Of Social Work Boards's EIN?
Association Of Social Work Boards's Employer Identification Number (EIN) is 222414510. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Association Of Social Work Boards?
Association Of Social Work Boards is classified under NTEE code W70 (Public & Society Benefit).
Is Association Of Social Work Boards a registered 501(c)(3)?
Yes, Association Of Social Work Boards is recognized as a tax-exempt organization by the IRS. EIN: 222414510.
Does Association Of Social Work Boards file IRS Form 990?
Yes, Association Of Social Work Boards has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Association Of Social Work Boards's revenue in 2023?
In the 202312 filing period, Association Of Social Work Boards reported total revenue of $22,625,893, total expenses of $21,118,300, and net assets of $47,241,789.
Is Association Of Social Work Boards's revenue growing or declining?
Association Of Social Work Boards's revenue is relatively stable. Revenue went from $21,862,334 (202212) to $22,625,893 (202312), a +3.5% change. Based on 13 filings on record.
What is Association Of Social Work Boards's most recent 990 filing?
The most recent IRS Form 990 filing for Association Of Social Work Boards covers tax period 202312. It shows revenue of $22,625,893, expenses of $21,118,300, total assets of $47,241,789, and liabilities of $5,734,517.
How much does Association Of Social Work Boards spend on programs vs administration?
Based on IRS 990 analysis, Association Of Social Work Boards allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Association Of Social Work Boards a trustworthy charity?
Based on AI analysis of IRS 990 data, Association Of Social Work Boards appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Association Of Social Work Boards's strengths?
Positive indicators for Association Of Social Work Boards include: Consistently strong revenue growth, from $13.7M in 2016 to $22.6M in 2023.. Healthy asset accumulation, reaching $47.2M in 2023.. Low liability-to-asset ratio, indicating strong financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Association Of Social Work Boards compensate executives?
Executive compensation details are not explicitly provided in the summary data, making a specific assessment difficult without further investigation into Form 990 filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does ASWB's significant asset growth, from $23.7M in 2016 to $47.2M in 2023, align with its mission and program delivery?
The substantial increase in assets suggests effective financial management and potentially significant reserves. Further analysis would be needed to determine if these assets are actively deployed for mission-related programs or held as investments, and how this growth directly benefits social work regulation and public protection.
Filing History
IRS 990 filing history for Association Of Social Work Boards showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Of Social Work Boards's revenue has grown by 139.1%, moving from $9.5M to $22.6M. Total assets increased by 325.5% over the same period, from $11.1M to $47.2M. Total functional expenses rose by 149.7%, from $8.5M to $21.1M. In its most recent filing year (2023), Association Of Social Work Boards reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $5.7M in liabilities against $47.2M in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $41.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $22.6M | $21.1M | $47.2M | $5.7M | — | View 990 |
| 2022 | $21.9M | $19.7M | $43.7M | $5.8M | — | View 990 |
| 2021 | $24.6M | $17.4M | $45.9M | $5.6M | — | View 990 |
| 2020 | $16.2M | $13.2M | $43.6M | $9.8M | — | View 990 |
| 2019 | $17.6M | $14.9M | $36.3M | $7.5M | — | View 990 |
| 2018 | $16.3M | $13.6M | $28.2M | $4.1M | — | View 990 |
| 2017 | $15.6M | $13.3M | $26.6M | $3.3M | — | View 990 |
| 2016 | $13.8M | $12.6M | $23.7M | $4.0M | — | View 990 |
| 2015 | $14.0M | $11.2M | $20.2M | $2.5M | — | View 990 |
| 2014 | $12.7M | $9.9M | $18.1M | $2.4M | — | View 990 |
| 2013 | $11.5M | $9.1M | $15.1M | $2.1M | — | View 990 |
| 2012 | $10.3M | $8.8M | $12.9M | $2.3M | — | View 990 |
| 2011 | $9.5M | $8.5M | $11.1M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.6M, expenses of $21.1M, and assets of $47.2M (revenue +3.5% year-over-year).
- 2022: Revenue of $21.9M, expenses of $19.7M, and assets of $43.7M (revenue -11.1% year-over-year).
- 2021: Revenue of $24.6M, expenses of $17.4M, and assets of $45.9M (revenue +51.5% year-over-year).
- 2020: Revenue of $16.2M, expenses of $13.2M, and assets of $43.6M (revenue -7.7% year-over-year).
- 2019: Revenue of $17.6M, expenses of $14.9M, and assets of $36.3M (revenue +7.7% year-over-year).
- 2018: Revenue of $16.3M, expenses of $13.6M, and assets of $28.2M (revenue +5.0% year-over-year).
- 2017: Revenue of $15.6M, expenses of $13.3M, and assets of $26.6M (revenue +13.1% year-over-year).
- 2016: Revenue of $13.8M, expenses of $12.6M, and assets of $23.7M (revenue -1.4% year-over-year).
- 2015: Revenue of $14.0M, expenses of $11.2M, and assets of $20.2M (revenue +10.0% year-over-year).
- 2014: Revenue of $12.7M, expenses of $9.9M, and assets of $18.1M (revenue +10.4% year-over-year).
- 2013: Revenue of $11.5M, expenses of $9.1M, and assets of $15.1M (revenue +11.8% year-over-year).
- 2012: Revenue of $10.3M, expenses of $8.8M, and assets of $12.9M (revenue +8.7% year-over-year).
- 2011: Revenue of $9.5M, expenses of $8.5M, and assets of $11.1M.
Data Sources and Methodology
This transparency report for Association Of Social Work Boards 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.