International Celebration Association Inc
International Celebration Association Inc shows volatile financial performance with recent deficit spending.
EIN: 203165428 · Fort Mill, SC · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $139K |
| Total Expenses | $208K |
| Program Spending | 75% |
| Net Assets | $176K |
| Transparency Score | 65/100 |
Is International Celebration Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Celebration Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Celebration Association Inc
International Celebration Association Inc (EIN: 203165428) is a nonprofit organization based in Fort Mill, SC, classified under NTEE code X20. The organization reported total revenue of $139K and total assets of $428K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Celebration Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Celebration Association Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $137K |
| Total Expenses | $208K |
| Surplus / Deficit | $-71,527 |
| Total Assets | $177K |
| Total Liabilities | $23 |
| Net Assets | $176K |
| Operating Margin | -52.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 10.2 months |
Financial Health Grade: B
In 2024, International Celebration Association Inc reported a deficit of $72K with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), International Celebration Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -63.5% | +50.0% | -29.3% |
| 2023 | +237.8% | +17.5% | +2062.2% |
| 2022 | -16.4% | -0.9% | -38.0% |
| 2021 | +38.9% | +17.8% | +275.1% |
| 2020 | -36.3% | -37.1% | -52.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2006 |
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 Celebration Association Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, International Celebration Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $72K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization of its size and operational history.
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 Celebration Association Inc's IRS 990 filings:
- Significant year-over-year financial volatility, with large swings between surpluses and deficits (e.g., $236,475 surplus in 202306 vs. $71,527 deficit in 202406).
- Expenses ($208,377) significantly exceeded revenue ($136,850) in the most recent filing (202406), indicating unsustainable spending in that period.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for International Celebration Association Inc:
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and consistent reporting.
- Significant asset growth in the 202306 period, showing capacity for financial accumulation when revenue is strong.
Frequently Asked Questions about International Celebration Association Inc
Is International Celebration Association Inc a legitimate charity?
International Celebration Association Inc (EIN: 203165428) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $139K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does International Celebration Association Inc spend its money?
International Celebration Association Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to International Celebration Association Inc tax-deductible?
International Celebration Association Inc is registered as a tax-exempt nonprofit (EIN: 203165428). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of International Celebration Association Inc's spending goes to programs?
International Celebration Association Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does International Celebration Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), International Celebration Association Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is International Celebration Association Inc located?
International Celebration Association Inc is headquartered in Fort Mill, South Carolina and files with the IRS under EIN 203165428. It is classified under NTEE code X20.
How many years of IRS 990 filings does International Celebration Association Inc have?
International Celebration Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $139K in total revenue.
Why did expenses significantly exceed revenue in the 202406 period?
In the 202406 period, the organization reported expenses of $208,377 against revenue of $136,850, resulting in a net loss of $71,527. This could be due to one-time investments, unexpected operational costs, or a temporary dip in funding.
What caused the large increase in assets in the 202306 period?
The organization's assets grew from $11,544 in 202206 to $249,601 in 202306. This significant increase is primarily attributable to the substantial surplus in the 202306 period, where revenue ($375,427) far exceeded expenses ($138,952).
How does the organization sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be entirely volunteer-based, compensated through other means not reported as officer compensation, or that the organization relies heavily on external support for administrative functions.
Filing History
IRS 990 filing history for International Celebration Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), International Celebration Association Inc's revenue has grown by 32.3%, moving from $103K to $137K. Total assets increased by 1118.6% over the same period, from $14K to $177K. Total functional expenses rose by 120.3%, from $95K to $208K. In its most recent filing year (2024), International Celebration Association Inc reported a deficit of $72K, with expenses exceeding revenue. The organization holds $23 in liabilities against $177K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $176K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $137K | $208K | $177K | $23 | — | — |
| 2023 | $375K | $139K | $250K | $2K | — | View 990 |
| 2022 | $111K | $118K | $12K | $0 | — | View 990 |
| 2021 | $133K | $119K | $19K | $0 | — | View 990 |
| 2020 | $96K | $101K | $5K | $0 | — | View 990 |
| 2019 | $150K | $161K | $11K | $0 | — | View 990 |
| 2018 | $127K | $112K | $21K | $0 | — | View 990 |
| 2017 | $128K | $128K | $6K | $0 | — | View 990 |
| 2016 | $136K | $145K | $7K | $0 | — | View 990 |
| 2015 | $155K | $145K | $16K | $0 | — | View 990 |
| 2014 | $112K | $127K | $5K | $0 | — | View 990 |
| 2013 | $146K | $140K | $20K | $0 | — | View 990 |
| 2012 | $103K | $95K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $137K, expenses of $208K, and assets of $177K (revenue -63.5% year-over-year).
- 2023: Revenue of $375K, expenses of $139K, and assets of $250K (revenue +237.8% year-over-year).
- 2022: Revenue of $111K, expenses of $118K, and assets of $12K (revenue -16.4% year-over-year).
- 2021: Revenue of $133K, expenses of $119K, and assets of $19K (revenue +38.9% year-over-year).
- 2020: Revenue of $96K, expenses of $101K, and assets of $5K (revenue -36.3% year-over-year).
- 2019: Revenue of $150K, expenses of $161K, and assets of $11K (revenue +17.9% year-over-year).
- 2018: Revenue of $127K, expenses of $112K, and assets of $21K (revenue -0.3% year-over-year).
- 2017: Revenue of $128K, expenses of $128K, and assets of $6K (revenue -6.1% year-over-year).
- 2016: Revenue of $136K, expenses of $145K, and assets of $7K (revenue -12.4% year-over-year).
- 2015: Revenue of $155K, expenses of $145K, and assets of $16K (revenue +38.1% year-over-year).
- 2014: Revenue of $112K, expenses of $127K, and assets of $5K (revenue -23.1% year-over-year).
- 2013: Revenue of $146K, expenses of $140K, and assets of $20K (revenue +41.2% year-over-year).
- 2012: Revenue of $103K, expenses of $95K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Celebration Association Inc:
Data Sources and Methodology
This transparency report for International Celebration Association 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.