Regulatory Compliance Association Inc
Regulatory Compliance Association Inc faces severe financial decline with shrinking revenue and assets, operating at a deficit.
EIN: 10851830 · Christiana, DE · NTEE: S03 · Updated: 2026-03-28
Is Regulatory Compliance Association Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Regulatory Compliance Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Regulatory Compliance Association Inc
Regulatory Compliance Association Inc (EIN: 10851830) is a nonprofit organization based in Christiana, DE, classified under NTEE code S03. The organization reported total revenue of $268K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regulatory Compliance Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regulatory Compliance Association Inc is a small nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -9.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $268K |
| Total Expenses | $448K |
| Surplus / Deficit | $-180,068 |
| Total Assets | $15K |
| Total Liabilities | $194K |
| Net Assets | $-179,013 |
| Operating Margin | -67.1% |
| Debt-to-Asset Ratio | 1333.5% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2019, Regulatory Compliance Association Inc reported a deficit of $180K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 1333.5% (high leverage).
Financial Trends
Over 9 years of filings (2011–2019), Regulatory Compliance Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -8.9% | -15.2% | -77.0% |
| 2018 | -46.3% | -4.7% | -91.8% |
| 2017 | -13.2% | -23.7% | -33.5% |
| 2016 | -43.7% | -35.1% | +10.6% |
| 2015 | +27.6% | +39.3% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Regulatory Compliance Association Inc with a Mission Score of 40 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: 75%
- fundraising: 10%
According to IRS 990 filings, Regulatory Compliance 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $180K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1333.5%.
Executive Compensation Analysis
No officer compensation has been reported across all nine filings, which is unusual for an organization that previously managed over $1 million in revenue, suggesting either a fully volunteer-led executive team or compensation is categorized differently.
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 Regulatory Compliance Association Inc's IRS 990 filings:
- Consistent operating deficits: Expenses exceeded revenue by $180,068 in 2019 and $234,691 in 2018.
- Sharp decline in revenue: Revenue dropped from $1,122,681 in 2015 to $268,378 in 2019.
- Significant asset depletion: Assets decreased from $1,162,165 in 2016 to $14,513 in 2019.
- High liabilities relative to assets: Liabilities of $193,526 in 2019 far exceed assets of $14,513.
- Unexplained lack of officer compensation despite significant past revenue.
Strengths
The following positive indicators were identified for Regulatory Compliance Association Inc:
- Historically managed significant revenue, peaking at over $1.1 million in 2015.
- No reported officer compensation, potentially indicating a volunteer-driven leadership structure.
Frequently Asked Questions about Regulatory Compliance Association Inc
Is Regulatory Compliance Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Regulatory Compliance Association Inc (EIN: 10851830) significant concerns. Mission Score: 40/100. 5 red flags identified, 2 strengths noted.
How does Regulatory Compliance Association Inc spend its money?
Regulatory Compliance Association Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Regulatory Compliance Association Inc tax-deductible?
Regulatory Compliance Association Inc is registered as a tax-exempt nonprofit (EIN: 10851830). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Regulatory Compliance Association Inc financially sustainable?
Based on the consistent operating deficits (e.g., $180,068 in 2019) and the sharp decline in assets from $1,162,165 in 2016 to $14,513 in 2019, the organization's financial sustainability is highly questionable.
What caused the significant drop in revenue and assets?
The IRS 990 data alone does not specify the cause, but the revenue decreased from $1,122,681 in 2015 to $268,378 in 2019, and assets from $1,162,165 in 2016 to $14,513 in 2019, indicating a major operational or strategic shift, or loss of funding.
How is the organization covering its expenses given the deficits?
The organization has been covering expenses by drawing down assets and increasing liabilities, as evidenced by liabilities growing to $193,526 in 2019 while assets are only $14,513.
Filing History
IRS 990 filing history for Regulatory Compliance Association Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Regulatory Compliance Association Inc's revenue has declined by 55.6%, moving from $605K to $268K. Total assets decreased by 96.8% over the same period, from $452K to $15K. Total functional expenses rose by 36.6%, from $328K to $448K. In its most recent filing year (2019), Regulatory Compliance Association Inc reported a deficit of $180K, with expenses exceeding revenue. The organization holds $194K in liabilities against $15K in assets (debt-to-asset ratio: 1333.5%), resulting in net assets of $-179,013.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $268K | $448K | $15K | $194K | — | View 990 |
| 2018 | $294K | $529K | $63K | $62K | — | View 990 |
| 2017 | $549K | $555K | $772K | $135K | — | View 990 |
| 2016 | $632K | $728K | $1.2M | $518K | — | View 990 |
| 2015 | $1.1M | $1.1M | $1.1M | $310K | — | View 990 |
| 2014 | $880K | $805K | $1.0M | $300K | — | View 990 |
| 2013 | $990K | $964K | $666K | $361 | — | View 990 |
| 2012 | $605K | $328K | $452K | $360 | — | View 990 |
| 2011 | $605K | $328K | $452K | $360 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $268K, expenses of $448K, and assets of $15K (revenue -8.9% year-over-year).
- 2018: Revenue of $294K, expenses of $529K, and assets of $63K (revenue -46.3% year-over-year).
- 2017: Revenue of $549K, expenses of $555K, and assets of $772K (revenue -13.2% year-over-year).
- 2016: Revenue of $632K, expenses of $728K, and assets of $1.2M (revenue -43.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $1.1M (revenue +27.6% year-over-year).
- 2014: Revenue of $880K, expenses of $805K, and assets of $1.0M (revenue -11.1% year-over-year).
- 2013: Revenue of $990K, expenses of $964K, and assets of $666K (revenue +63.7% year-over-year).
- 2012: Revenue of $605K, expenses of $328K, and assets of $452K (revenue +0.0% year-over-year).
- 2011: Revenue of $605K, expenses of $328K, and assets of $452K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regulatory Compliance Association Inc:
Data Sources and Methodology
This transparency report for Regulatory Compliance 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.