Acs Products INC

Kennesaw, GAUnknown exempt organizationEIN 02-0651055

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To sell Products in support of acs' mission, these included productsfor women coping with breast cancer or any cancer causing hair loss, &were provided through a tlc catalog.

96¢ of each $1 spent went to programs.
Run by 1 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2020
latest Form 990
Concern: the latest return is for FY2020, 6 tax years back; more than 4 tax years.
IRS e-file · Filing history
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$10K
to officers and key staff · 0.3% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
1
of 3 voting members
Worth a look: 1 of 3 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.1M
Spent
$2.7M
To programs
96%
Net assets
$0

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $2.6M Management & general 4% · $99K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $10K paid to officers and key staff.

Part VII, Section A · reportable compensation
$5,323Pt VII · Sec A
Director, Incoming
$4,214Pt VII · Sec A
President, Outgoing
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Acs Products INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Sells products supporting cancer patients, especially those with hair loss.

Provided by the organization

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1 program service account for $2.6M of program spending, described in the organization's own filed words · FY2020.
01

The sale of products included products for women coping with breast cancer or any other cancer causing hair loss that was sold through a tender loving care, 'TLC', catalog, as well as books that provided information on cancer.

$2.6Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$2K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.1M
Ln 12
Other incomeLn 4–11$3.4M
Investment incomeLn 3$691K
Money outPt IX
$2.7M
Ln 25
Programscol B$2.6M
Managementcol C$99K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$691K
Other incomeLn 4–11$3.4M
Total revenueLn 12$4.1M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$29K$0
InvestmentsLn 11–13$9.8M$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$11.4M$0
LiabilitiesLn 26$144K$0
Net assetsLn 32$11.3M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$70K$70K
Pension plan contributionsLn 8$1K$1K
Other employee benefitsLn 9$6K$6K
Payroll taxesLn 10$5K$5K
Management feesLn 11a$1.7M$1.7M
Other fees for servicesLn 11g$39K$39K
Office expensesLn 13$786K$687K$99K
Information technologyLn 14$43$43
TravelLn 17$1K$1K
Other expenses (24a–d)Ln 24$88K$88K
Total functional expensesLn 25$2.7M$2.6M$99K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest Viewing $4.1M$2.7M$1.4M$0 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $4,115,610 across 2 lines filed
Lines not itemized here account for $3,424,312 of total revenue; see the IRS return.
VIII-3 Investment incomeExcluded from tax $691,298$691,298
VIII-12 Total revenueRelated to mission $3,424,312 · Unrelated business $0 · Excluded from tax $691,298$4,115,610
Part IX · Statement of functional expenses $2,737,482 across 10 lines filed
IX-7 Other salaries and wagesPrograms $70,005$70,005
IX-8 Pension plan contributionsPrograms $1,455$1,455
IX-9 Other employee benefitsPrograms $6,372$6,372
IX-10 Payroll taxesPrograms $5,215$5,215
IX-11a Management feesPrograms $1,739,207$1,739,207
IX-11g Other fees for servicesPrograms $39,386$39,386
IX-13 Office expensesPrograms $687,473 · Management $98,969$786,442
IX-14 Information technologyPrograms $43$43
IX-17 TravelPrograms $1,353$1,353
IX-24 Other expenses (24a–d)Programs $88,004$88,004
IX-25 Total functional expensesPrograms $2,638,513 · Management $98,969 · Fundraising $0$2,737,482
Part X · Balance sheet $0 assets, 17 lines filed
X-1 Cash, non-interest-bearing$0
X-2 Savings and temporary cash investmentsStart of year $29,446$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $59,167$0
X-8 Inventories for sale or useStart of year $1,328,198$0
X-9 Prepaid expenses and deferred chargesStart of year $10,585$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $9,844,555$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $164,876$0
X-16 Total assetsStart of year $11,436,827$0
X-26 Total liabilitiesStart of year $143,538$0
X-27 Net assets without donor restrictionsStart of year $11,293,289$0
X-32 Total net assets or fund balancesStart of year $11,293,289$0
X-33 Total liabilities and net assetsStart of year $11,436,827$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$4,115,610
XI-2 Total expenses$2,737,482
XI-3 Revenue less expenses$1,378,128
XI-4 Net assets at start of year$11,293,289
XI-9 Other changes in net assets−$12,671,417
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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