National Collegiate Association for the Research of Principles Inc

EIN: 133049170 501(c)(3)

New York, NY

Total Revenue
$177,055
Total Expenses
$312,689
Total Assets
$630,016
Net Assets
$621,025
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
DE
Principal Officer
Jinil Fleischman
Phone
2125755091
Tax Period
2023-01-01 to 2023-12-31

National Collegiate Association for the Research of Principles Inc, founded in 1980, is a small nonprofit that reported $177K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $313K exceeded revenue, resulting in a 77% operating deficit.

Mission

The Mission of CARP is to inspire and empower students to be global citizens by engaging them in the study and application of Unification Principles.

Program Service Accomplishments

Program 1
Expenses: $277,809 Revenue: $400

2023 CARP Program AccomplishmentsWe operated registered chapters at 27 different colleges and universities, with an additional 20 chapters in development.Local Programs/Events: In person and virtual...

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2023 CARP Program AccomplishmentsWe operated registered chapters at 27 different colleges and universities, with an additional 20 chapters in development.Local Programs/Events: In person and virtual CARP Talks (weekly) In person and virtual weekend retreats and workshops (monthly) In person and virtual weeklong retreats and workshops (biannually) In person leadership training (biannually) Service projects at various times throughout the year

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $135,485
Program Service Revenue $400
Investment Income $41,170
Other Revenue $0
TOTAL REVENUE $177,055

Expense Breakdown

Grants Paid $150,000
Salaries & Benefits $92,297
Fundraising Expenses $0
Program Expenses $277,809
Other Expenses $70,392
TOTAL EXPENSES $312,689

Year-over-Year Comparison

2023 2022 Change
Revenue $177,055 $259,184 -0.3%
Expenses $312,689 $265,433 +0.2%
Net Income $-135,634 $-6,249 +20.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$63,810
Total Directors
3
$63,810
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jinil Fleischman President and Director fro 40.00
Officer Director
$49,010 $14,800 $63,810
Robert Beebe Vice Chair 0.50
Director
$0 $0 $0
Kaye Allen Secretary and Director 0.50
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $177,055 $312,689 $630,016 $-135,634
2023 $135,889 $312,689 $588,849 $-176,800
2022 $259,184 $265,433 $761,088 $-6,249
2021 $301,814 $207,152 $884,865 $94,662
2020 $224,313 $161,579 $729,466 $62,734
2019 $344,414 $324,468 $621,691 $19,946
2018 $559,725 $421,440 $597,594 $138,285
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