International Chain Salon Association
International Chain Salon Association: Declining Assets, High Fundraising Costs
EIN: 222832382 · Bradenton, FL · Updated: 2026-04-04
Is International Chain Salon Association Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Chain Salon Association directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About International Chain Salon Association
International Chain Salon Association (EIN: 222832382) is a nonprofit organization based in Bradenton, FL. The organization reported total revenue of $637K and total assets of $202K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Chain Salon Association'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 International Chain Salon Association with a Mission Score of 45 out of 100 (Fair). 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: 60%
- fundraising: 25%
According to IRS 990 filings, International Chain Salon Association allocates its expenses as follows: admin: 15%, programs: 60%, fundraising: 25%. Approximately 60% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific data, as the provided filings do not detail individual salaries.
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 Chain Salon Association's IRS 990 filings:
- Assets have significantly declined from $405,068 in 2019 to $202,408 in 2023, indicating potential financial instability.
- Fundraising expenses appear high relative to revenue, especially in years like 2022 where expenses ($758,063) exceeded revenue ($683,515).
- The organization consistently reports 'l0' for lobbying and 'c0%' for contributions, which may indicate a lack of advocacy or political engagement.
Strengths
The following positive indicators were identified for International Chain Salon Association:
- Consistent annual revenue generation, with 2023 revenue at $878,242.
- The organization has maintained operations for several years, indicating some level of resilience.
Frequently Asked Questions about International Chain Salon Association
Is International Chain Salon Association a legitimate charity?
Based on AI analysis of IRS 990 filings, International Chain Salon Association (EIN: 222832382) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does International Chain Salon Association spend its money?
International Chain Salon Association directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to International Chain Salon Association tax-deductible?
International Chain Salon Association is registered as a tax-exempt nonprofit (EIN: 222832382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does International Chain Salon Association do?
International Chain Salon Association is a nonprofit organization in the Unknown sector, located in Bradenton, Florida. It is classified under NTEE code Unknown.
How much revenue does International Chain Salon Association have?
International Chain Salon Association reported total revenue of $637,463. Based on 13 IRS 990 filings on record.
What are International Chain Salon Association's total assets?
International Chain Salon Association holds total assets of $202,408 as reported in IRS 990 filings.
Where is International Chain Salon Association located?
International Chain Salon Association is based in Bradenton, Florida.
What is International Chain Salon Association's EIN?
International Chain Salon Association's Employer Identification Number (EIN) is 222832382. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is International Chain Salon Association?
International Chain Salon Association is classified under NTEE code Unknown (Unknown).
Is International Chain Salon Association a registered 501(c)(3)?
International Chain Salon Association appears in IRS records (EIN: 222832382). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does International Chain Salon Association file IRS Form 990?
Yes, International Chain Salon Association has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was International Chain Salon Association's revenue in 2023?
In the 202312 filing period, International Chain Salon Association reported total revenue of $878,242, total expenses of $734,443, and net assets of $215,991.
Is International Chain Salon Association's revenue growing or declining?
International Chain Salon Association's revenue is growing. Revenue went from $683,515 (202212) to $878,242 (202312), a +28.5% change. Based on 13 filings on record.
What is International Chain Salon Association's most recent 990 filing?
The most recent IRS Form 990 filing for International Chain Salon Association covers tax period 202312. It shows revenue of $878,242, expenses of $734,443, total assets of $215,991, and liabilities of N/A.
How much does International Chain Salon Association spend on programs vs administration?
Based on IRS 990 analysis, International Chain Salon Association allocates approximately 60% of expenses to program services, 15% to administrative costs, and 25% to fundraising. Program spending is moderate relative to overhead.
Is International Chain Salon Association a trustworthy charity?
Based on AI analysis of IRS 990 data, International Chain Salon Association shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 2 strengths noted.
What are the red flags for International Chain Salon Association?
The following concerns were identified: Assets have significantly declined from $405,068 in 2019 to $202,408 in 2023, indicating potential financial instability.. Fundraising expenses appear high relative to revenue, especially in years like 2022 where expenses ($758,063) exceeded revenue ($683,515).. The organization consistently reports 'l0' for lobbying and 'c0%' for contributions, which may indicate a lack of advocacy or political engagement.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are International Chain Salon Association's strengths?
Positive indicators for International Chain Salon Association include: Consistent annual revenue generation, with 2023 revenue at $878,242.. The organization has maintained operations for several years, indicating some level of resilience.. These findings are derived from AI analysis of the organization's financial filings.
How does International Chain Salon Association compensate executives?
Executive compensation cannot be assessed without specific data, as the provided filings do not detail individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is driving the consistent decline in assets over the past five years, and what strategies are in place to reverse this trend?
The data shows a steady decrease in assets from $405,068 in 2019 to $202,408 in 2023. This trend suggests that expenses are consistently outpacing revenue or that significant asset divestment is occurring, which warrants further investigation into operational efficiency and financial management.
Given the high expense figures relative to revenue in several years, what is the organization's strategy for cost control and ensuring financial sustainability?
In 2022, expenses were $758,063 against revenue of $683,515, and similar patterns are observed in other years. This indicates a potential challenge in managing costs effectively. A detailed breakdown of expenses, particularly administrative and fundraising, would be crucial to understand the drivers and assess sustainability.
Filing History
IRS 990 filing history for International Chain Salon Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Chain Salon Association's revenue has grown by 115.6%, moving from $407K to $878K. Total assets increased by 85.8% over the same period, from $116K to $216K. Total functional expenses rose by 92.2%, from $382K to $734K. In its most recent filing year (2023), International Chain Salon Association reported a surplus of $144K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $878K | $734K | $216K | $0 | — | View 990 |
| 2022 | $684K | $758K | $72K | $0 | — | View 990 |
| 2021 | $52K | $67K | $147K | $0 | — | View 990 |
| 2020 | $30K | $254K | $181K | $0 | — | — |
| 2019 | $758K | $816K | $405K | $0 | — | — |
| 2018 | $679K | $632K | $438K | $0 | — | View 990 |
| 2017 | $587K | $719K | $392K | $0 | — | View 990 |
| 2016 | $837K | $618K | $524K | $0 | — | View 990 |
| 2015 | $479K | $424K | $306K | $0 | — | View 990 |
| 2014 | $417K | $423K | $251K | $0 | — | View 990 |
| 2013 | $418K | $367K | $257K | $0 | — | View 990 |
| 2012 | $504K | $414K | $206K | $0 | — | View 990 |
| 2011 | $407K | $382K | $116K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $878K, expenses of $734K, and assets of $216K (revenue +28.5% year-over-year).
- 2022: Revenue of $684K, expenses of $758K, and assets of $72K (revenue +1213.9% year-over-year).
- 2021: Revenue of $52K, expenses of $67K, and assets of $147K (revenue +72.3% year-over-year).
- 2020: Revenue of $30K, expenses of $254K, and assets of $181K (revenue -96.0% year-over-year).
- 2019: Revenue of $758K, expenses of $816K, and assets of $405K (revenue +11.7% year-over-year).
- 2018: Revenue of $679K, expenses of $632K, and assets of $438K (revenue +15.7% year-over-year).
- 2017: Revenue of $587K, expenses of $719K, and assets of $392K (revenue -29.9% year-over-year).
- 2016: Revenue of $837K, expenses of $618K, and assets of $524K (revenue +74.8% year-over-year).
- 2015: Revenue of $479K, expenses of $424K, and assets of $306K (revenue +14.8% year-over-year).
- 2014: Revenue of $417K, expenses of $423K, and assets of $251K (revenue -0.3% year-over-year).
- 2013: Revenue of $418K, expenses of $367K, and assets of $257K (revenue -17.0% year-over-year).
- 2012: Revenue of $504K, expenses of $414K, and assets of $206K (revenue +23.7% year-over-year).
- 2011: Revenue of $407K, expenses of $382K, and assets of $116K.
Data Sources and Methodology
This transparency report for International Chain Salon 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.