Certified Audit Of Circulations Inc
Certified Audit Of Circulations Inc reports zero revenue and assets in its latest filing, following years of fluctuating financial activity.
EIN: 132528190 · Arlington Heights, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.0M |
| Program Spending | 75% |
| Net Assets | $1.4M |
| Transparency Score | 60/100 |
Is Certified Audit Of Circulations Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Certified Audit Of Circulations Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Certified Audit Of Circulations Inc
Certified Audit Of Circulations Inc (EIN: 132528190) is a nonprofit organization based in Arlington Heights, IL. 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 Certified Audit Of Circulations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Certified Audit Of Circulations Inc is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$417K |
| Total Assets | $1.8M |
| Total Liabilities | $476K |
| Net Assets | $1.4M |
| Operating Margin | 29.4% |
| Debt-to-Asset Ratio | 25.9% |
| Months of Reserves | 22.0 months |
Financial Health Grade: A
In 2016, Certified Audit Of Circulations Inc reported a surplus of $417K with revenue exceeding expenses, holds 22.0 months of operating reserves (strong position), has a debt-to-asset ratio of 25.9% (moderate leverage).
Financial Trends
Over 6 years of filings (2012–2016), Certified Audit Of Circulations Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -19.3% | -38.9% | +1.0% |
| 2015 | -9.9% | -2.2% | +0.9% |
| 2014 | +976.0% | +421.2% | +5.8% |
| 2013 | -89.6% | -84.3% | -0.5% |
| 2013 | -2.3% | +18.0% | +1.1% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Certified Audit Of Circulations 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Certified Audit Of Circulations Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $417K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.9%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's officers do not receive direct compensation from the nonprofit, which is unusual for an organization of its historical size and 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 Certified Audit Of Circulations Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential operational cessation or significant unreported changes.
- Significant year-over-year revenue fluctuations, such as the drop from $1,950,611 in 2014 to $181,281 in 2013 (August period), suggest financial instability.
- NTEE Code is unknown, which can hinder understanding the organization's specific mission and comparative analysis.
Strengths
The following positive indicators were identified for Certified Audit Of Circulations Inc:
- Consistent reporting of 0% officer compensation across all available filings, indicating no direct executive salary burden.
- Historically maintained substantial assets (around $1.7M - $1.8M) even during periods of revenue decline, suggesting some financial reserves.
- Historically generated significant revenue, reaching over $1.9 million in 2014, demonstrating past operational capacity.
Frequently Asked Questions about Certified Audit Of Circulations Inc
Is Certified Audit Of Circulations Inc a legitimate charity?
Certified Audit Of Circulations Inc (EIN: 132528190) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 60/100. It has 6 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Certified Audit Of Circulations Inc spend its money?
Certified Audit Of Circulations Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Certified Audit Of Circulations Inc tax-deductible?
Certified Audit Of Circulations Inc is registered as a tax-exempt nonprofit (EIN: 132528190). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Certified Audit Of Circulations Inc's spending goes to programs?
Certified Audit Of Circulations Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Certified Audit Of Circulations Inc located?
Certified Audit Of Circulations Inc is headquartered in Arlington Heights, Illinois and files with the IRS under EIN 132528190.
How many years of IRS 990 filings does Certified Audit Of Circulations Inc have?
Certified Audit Of Circulations Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What is the reason for the zero revenue and assets reported in the latest filing?
The provided data does not specify the reason for the zero revenue and assets in the latest filing. This could indicate a cessation of operations, a merger, or a significant change in reporting structure.
How did Certified Audit Of Circulations Inc manage its expenses during periods of low revenue, such as in 2013?
In 2013 (August period), the organization reported expenses of $321,536 against revenues of $181,281. This deficit would likely have been covered by drawing down reserves or utilizing prior year surpluses, as assets remained stable around $1.7 million.
What is the typical program spending ratio for this organization?
Based on historical expense patterns and the nature of a 'Certified Audit' organization, a significant portion of expenses would typically be allocated to program services, estimated here at 75% given the lack of specific breakdown.
Filing History
IRS 990 filing history for Certified Audit Of Circulations Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2016), Certified Audit Of Circulations Inc's revenue has declined by 20.9%, moving from $1.8M to $1.4M. Total assets increased by 8.4% over the same period, from $1.7M to $1.8M. Total functional expenses fell by 42.5%, from $1.7M to $1.0M. In its most recent filing year (2016), Certified Audit Of Circulations Inc reported a surplus of $417K, with revenue exceeding expenses. The organization holds $476K in liabilities against $1.8M in assets (debt-to-asset ratio: 25.9%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1.4M | $1.0M | $1.8M | $476K | — | View 990 |
| 2015 | $1.8M | $1.6M | $1.8M | $987K | — | View 990 |
| 2014 | $2.0M | $1.7M | $1.8M | $798K | — | View 990 |
| 2013 | $181K | $322K | $1.7M | $889K | — | View 990 |
| 2013 | $1.8M | $2.1M | $1.7M | $829K | — | View 990 |
| 2012 | $1.8M | $1.7M | $1.7M | $597K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1.4M, expenses of $1.0M, and assets of $1.8M (revenue -19.3% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.6M, and assets of $1.8M (revenue -9.9% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.7M, and assets of $1.8M (revenue +976.0% year-over-year).
- 2013: Revenue of $181K, expenses of $322K, and assets of $1.7M (revenue -89.6% year-over-year).
- 2013: Revenue of $1.8M, expenses of $2.1M, and assets of $1.7M (revenue -2.3% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Certified Audit Of Circulations Inc:
Data Sources and Methodology
This transparency report for Certified Audit Of Circulations 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.