Associated Colleges of the South Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ASSOCIATED COLLEGES OF THE SOUTH SEEKS TO CHAMPION AND ENHANCE RESIDENTIAL LIBERAL ARTS EDUCATION THROUGH COLLABORATIVE PROJECTS AMONG ITS SIXTEEN MEMBER INSTITUTIONS.
- Income
- $1.1 million
- Spending
- $1.7 million
- Spent on programs
- 74%
- Reserves
- 3.7 months of spending
- Largest source of income
- donations and private grants, 61%
- Employees
- 0
- Highest pay
- $165,989, cfo/svp operati
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 35% of charities in its peer group (education, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 3.7 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
0 of 15Spending exceeded income by 60% of income.
Income trend
0 of 15Income fell 42% on the year before.
Spending floor
15 of 1574% of spending went to programs and raising each dollar of donations cost 13 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2515 of 17 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, 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 (4)
- $528,645 spent. OTHER PROGRAMS:LEADERSHIP DEVELOPMENT ENCOMPASSES ACTIVITIES FOR STAFF AT MEMBER COLLEGES THAT IMPROVES AND ADVANCES HIGHER EDUCATION LEADERSHIP SKILLS. THESE INCLUDE SEMINARS AND WORKSHOPS, COLLABORATIVE PEER GROUPS, SUPPORT AND NETWORKING AND TRAINING.
- $460,850 spent. MEMBER SERVICES:MEMBER SERVICES EMCOMPASSES ALL OF THE WORK THE ASSOCIATION DOES FOR ITS MEMBER INSTITUTIONS, OTHER THAN THE FACULTY AND DIVERSITY PROGRAMS. CURRENTLY, MEMBER SERVICES INCLUDE THE TUITION EXCHANGE PROGRAM, RELATIONSHIP BUILDING WITH MEMBER INSTITUTIONS, AND MEETING OF SENIOR ADMINISTRATIVE OFFICERS AT THE COLLEGES FOR NERWORKING AND COST-SAVINGS INITIATIVES.
- $226,388 spent. FACULTY PROGRAM:THE FACULTY PROGRAM INCLUDES WORKSHOPS THAT FOCUS ON TEACHING METHODS AS OPPOSED TO DISCIPLINARY CONTENT. THE FACULTY PROGRAM ALSO INCLUDES GRANTS GIVEN TO ASSIST FACULTY IN REFINING COURSES, TEACHING NEW SKILLS AND APPROACHES, AND ADVANCING RESEARCH EFFORTS.
- $57,576 spent. DIVERSITY PROGRAM:THE DIVERSITY PROGRAM ACKNOWLEDGES THE LACK OF RACIAL DIVERSITY AMONG THE FACULTY AND STAFF OF THE ASSOCIATION'S INSTITUTIONS AND PROPOSES WAYS TO ADDRESS AND IMPROVE THAT SITUATION. THE ASSOCATION HELD MEETINGS WITH REPRESENTATITVES OF THE MEMBER INSTITUTIONS. THE FINDINGS OF THE PROGRAM ARE INCORPORATED INTO THE ASSOCIATION'S STRATEGIC PLAN.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 October 13, 2026.
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 October 13, 2026.
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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1992.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 21, 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.