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Passes our checks

Asc Quality Collaboration Inc

EIN 45-5614522 · Alexandria, VA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood73 out of 100GovernanceGood71 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ASC QUALITY COLLABORATION (ASC QC) IS DEDICATED TO ADVANCING HIGH-QUALITY, PATIENT-CENTERED CARE IN AMBULATORY SURGERY CENTERS (ASCS).

Income
$356,311
Spending
$407,042
Spent on programs
95%
Reserves
8.7 months of spending
Largest source of income
fees for its services, 94%
Employees
0
Volunteers
119
Highest pay
$186,010, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 73 out of 100. Higher than 42% of charities in its peer group (health care, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.7 months of spending.

  • Debt

    16 of 20

    It owes 24% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 14% of income.

  • Income trend

    10 of 15

    Income fell 1% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 71 out of 100. Higher than 40% of charities in its peer group (health care, $250k to $1m).

  • Independent board

    25 of 25

    16 of 16 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $165,106 spent. QUALITY BENCHMARKINGTHE ASCQC OFFERS SEVERAL BENCHMARKING PROGRAMS THAT REINFORCE OUR COMMITMENT TO TRANSPARENCY AND HIGH-QUALITY CARE WITHIN THE ASC INDUSTRY. EACH QUARTER, PARTICIPATING MEMBERS VOLUNTARILY SUBMIT STANDARDIZEDQUALITY DATA, WHICH IS THEN ANALYZED AND REPORTED IN AGGREGATE ON OUR PUBLICLY AVAILABLE WEBSITE. ADDITIONALLY, THE ASCQC CONDUCTS A SAFETY AND QUALITY ASSESSMENT SURVEY, PROVIDING BENCHMARKING ACROSS KEY STRUCTURAL AND PROCESS DOMAINS.
  2. $111,690 spent. MEASURE DEVELOPMENTWORKING TOGETHER, PARTICIPANTS IN THE ASC QUALITY COLLABORATION DEVELOPAND TEST CLINICAL QUALITY MEASURES APPROPRIATE TO ASCS.
  3. $111,690 spent. SUPPORTING ONGOING PERFORMANCE IMPROVEMENT THROUGH THE DEVELOPMENT OF QUALITY AND SAFETY TOOLKITS. THESE TOOLKITS ARE DESIGNED TO HELP ASCS IMPLEMENT BEST PRACTICES, ADDRESS COMMON CHALLENGES, AND DRIVE MEASURABLE IMPROVEMENTS IN CARE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.