International Career Advancement Association
International Career Advancement Association consistently spends more than it earns, operating at a deficit in recent years.
EIN: 205621412 · Washington, DC · NTEE: P80 · Updated: 2026-03-28
Is International Career Advancement Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Career Advancement Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About International Career Advancement Association
International Career Advancement Association (EIN: 205621412) is a nonprofit organization based in Washington, DC, classified under NTEE code P80. The organization reported total revenue of $49K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Career Advancement Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Career Advancement Association is a micro nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 32.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $42K |
| Surplus / Deficit | $-7,001 |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | -20.1% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2023, International Career Advancement Association reported a deficit of $7K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), International Career Advancement Association's revenue has grown at a compound annual growth rate (CAGR) of 32.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.6% | +3.2% | -30.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
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 International Career Advancement Association with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, International Career Advancement Association allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% 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 $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation has been reported as 0% in both available filings, suggesting that executive leadership is either unpaid or compensated below reporting thresholds, which is highly efficient for an organization of its size with revenues under $50,000.
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 International Career Advancement Association's IRS 990 filings:
- Consistent operational deficits: Expenses exceeded revenue in both 2022 and 2023.
- Fluctuating asset base: Assets decreased from $35,121 in 2022 to $24,601 in 2023, indicating a draw on reserves.
Strengths
The following positive indicators were identified for International Career Advancement Association:
- No reported liabilities: The organization has consistently reported $0 in liabilities, indicating good debt management.
- Efficient executive compensation: 0% officer compensation reported in both filings, suggesting volunteer or very low-cost leadership.
- Clear mission alignment: NTEE code P80 (International Affairs) aligns with the organization's name and likely mission.
Frequently Asked Questions about International Career Advancement Association
Is International Career Advancement Association a legitimate charity?
Based on AI analysis of IRS 990 filings, International Career Advancement Association (EIN: 205621412) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does International Career Advancement Association spend its money?
International Career Advancement Association directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to International Career Advancement Association tax-deductible?
International Career Advancement Association is registered as a tax-exempt nonprofit (EIN: 205621412). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is International Career Advancement Association a good charity?
ICAA demonstrates a clear mission and efficient executive compensation (0% reported). However, its consistent operational deficits, with expenses exceeding revenue in both 2022 and 2023, raise concerns about long-term financial stability. While it has no reported liabilities, potential donors should consider the sustainability of its current financial model.
What are the primary reasons for the organization's deficits?
The filings indicate that in 2023, expenses ($41,793) exceeded revenue ($34,792) by $7,001, and in 2022, expenses ($40,515) exceeded revenue ($26,247) by $14,268. Without a detailed breakdown of expenses, it's difficult to pinpoint the exact causes, but it suggests that fundraising or revenue generation has not kept pace with operational costs.
Filing History
IRS 990 filing history for International Career Advancement Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), International Career Advancement Association's revenue has grown by 32.6%, moving from $26K to $35K. Total assets decreased by 30% over the same period, from $35K to $25K. Total functional expenses rose by 3.2%, from $41K to $42K. In its most recent filing year (2023), International Career Advancement Association reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $42K | $25K | $0 | — | — |
| 2022 | $26K | $41K | $35K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Career Advancement Association:
Data Sources and Methodology
This transparency report for International Career Advancement Association 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.