North American Association Of Commencement Officers
North American Association Of Commencement Officers maintains stable finances with no reported officer compensation.
EIN: 141884982 · Rockville, MD · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $608K |
| Total Expenses | $481K |
| Program Spending | 90% |
| Net Assets | $408K |
| Transparency Score | 85/100 |
Is North American Association Of Commencement Officers Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North American Association Of Commencement Officers directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North American Association Of Commencement Officers
North American Association Of Commencement Officers (EIN: 141884982) is a nonprofit organization based in Rockville, MD, classified under NTEE code S41. The organization reported total revenue of $608K and total assets of $449K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North American Association Of Commencement Officers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North American Association Of Commencement Officers is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $500K |
| Total Expenses | $481K |
| Surplus / Deficit | +$19K |
| Total Assets | $505K |
| Total Liabilities | $97K |
| Net Assets | $408K |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 19.3% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, North American Association Of Commencement Officers reported a surplus of $19K with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 19.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), North American Association Of Commencement Officers's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.1% | -2.9% | +10.0% |
| 2022 | +30.7% | +146.1% | -1.9% |
| 2021 | -53.3% | -70.0% | +25.8% |
| 2020 | +32.5% | +63.9% | -7.4% |
| 2019 | +1.8% | -7.8% | +39.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 North American Association Of Commencement Officers 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: 90%
- fundraising: 0%
According to IRS 990 filings, North American Association Of Commencement Officers allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is highly unusual for an organization with revenues consistently in the hundreds of thousands.
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 North American Association Of Commencement Officers's IRS 990 filings:
- Lack of detailed functional expense breakdown prevents precise program spending verification.
Strengths
The following positive indicators were identified for North American Association Of Commencement Officers:
- Consistent financial surpluses in recent years (e.g., 202307 revenue $500,186 vs. expenses $481,103).
- Zero reported officer compensation across all filings, indicating high efficiency.
- Growing asset base, from $273,639 in 201407 to $505,293 in 202307.
- Consistent IRS 990 filing history (13 filings) demonstrates transparency and compliance.
- Manageable liabilities relative to assets.
Frequently Asked Questions about North American Association Of Commencement Officers
Is North American Association Of Commencement Officers a legitimate charity?
North American Association Of Commencement Officers (EIN: 141884982) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $608K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does North American Association Of Commencement Officers spend its money?
North American Association Of Commencement Officers directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to North American Association Of Commencement Officers tax-deductible?
North American Association Of Commencement Officers is registered as a tax-exempt nonprofit (EIN: 141884982). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does North American Association Of Commencement Officers compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), North American Association Of Commencement Officers is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North American Association Of Commencement Officers located?
North American Association Of Commencement Officers is headquartered in Rockville, Maryland and files with the IRS under EIN 141884982. It is classified under NTEE code S41.
How many years of IRS 990 filings does North American Association Of Commencement Officers have?
North American Association Of Commencement Officers 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 $608K in total revenue.
Is North American Association Of Commencement Officers a good charity?
Based on the provided financial data, the North American Association Of Commencement Officers appears to be a well-managed organization with strong financial health, consistent revenue, growing assets, and notably, no reported officer compensation. These factors suggest efficient use of funds and a strong commitment to its mission.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $273,639 in 201407 to $505,293 in 202307. While there have been periods where expenses exceeded revenue (e.g., 202207 with $416,427 revenue vs. $495,561 expenses), the overall trend shows stability and growth, with recent periods like 202307 showing a surplus ($500,186 revenue vs. $481,103 expenses).
What is the significance of 0% officer compensation?
The 0% officer compensation across all filings is highly significant. It indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for spending efficiency and suggests that a very high proportion of funds can be directed towards program activities.
Filing History
IRS 990 filing history for North American Association Of Commencement Officers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North American Association Of Commencement Officers's revenue has grown by 54.1%, moving from $325K to $500K. Total assets increased by 128.4% over the same period, from $221K to $505K. Total functional expenses rose by 119.1%, from $220K to $481K. In its most recent filing year (2023), North American Association Of Commencement Officers reported a surplus of $19K, with revenue exceeding expenses. The organization holds $97K in liabilities against $505K in assets (debt-to-asset ratio: 19.3%), resulting in net assets of $408K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $500K | $481K | $505K | $97K | — | View 990 |
| 2022 | $416K | $496K | $459K | $71K | — | View 990 |
| 2021 | $318K | $201K | $469K | $538 | — | View 990 |
| 2020 | $683K | $670K | $373K | $22K | — | — |
| 2019 | $515K | $409K | $403K | $64K | — | View 990 |
| 2018 | $506K | $444K | $289K | $57K | — | View 990 |
| 2017 | $388K | $405K | $230K | $60K | — | View 990 |
| 2016 | $392K | $417K | $256K | $69K | — | View 990 |
| 2015 | $445K | $473K | $231K | $19K | — | View 990 |
| 2014 | $420K | $505K | $274K | $32K | — | View 990 |
| 2013 | $456K | $420K | $343K | $17K | — | View 990 |
| 2012 | $382K | $311K | $310K | $19K | — | View 990 |
| 2011 | $325K | $220K | $221K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $500K, expenses of $481K, and assets of $505K (revenue +20.1% year-over-year).
- 2022: Revenue of $416K, expenses of $496K, and assets of $459K (revenue +30.7% year-over-year).
- 2021: Revenue of $318K, expenses of $201K, and assets of $469K (revenue -53.3% year-over-year).
- 2020: Revenue of $683K, expenses of $670K, and assets of $373K (revenue +32.5% year-over-year).
- 2019: Revenue of $515K, expenses of $409K, and assets of $403K (revenue +1.8% year-over-year).
- 2018: Revenue of $506K, expenses of $444K, and assets of $289K (revenue +30.3% year-over-year).
- 2017: Revenue of $388K, expenses of $405K, and assets of $230K (revenue -0.8% year-over-year).
- 2016: Revenue of $392K, expenses of $417K, and assets of $256K (revenue -11.9% year-over-year).
- 2015: Revenue of $445K, expenses of $473K, and assets of $231K (revenue +5.8% year-over-year).
- 2014: Revenue of $420K, expenses of $505K, and assets of $274K (revenue -7.7% year-over-year).
- 2013: Revenue of $456K, expenses of $420K, and assets of $343K (revenue +19.3% year-over-year).
- 2012: Revenue of $382K, expenses of $311K, and assets of $310K (revenue +17.6% year-over-year).
- 2011: Revenue of $325K, expenses of $220K, and assets of $221K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North American Association Of Commencement Officers:
Data Sources and Methodology
This transparency report for North American Association Of Commencement Officers 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.