Small Public Charity

ACCOUNTING RESEARCH ASSOCIATION INC

ACCOUNTING RESEARCH ASSOCIATION INC, of DURHAM, NC, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2019 filing shows $1K in revenue, $102K in expenses, $102K in total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $627K.

EIN: 136227058 DURHAM, NC General Support NTEE: DEFAULT Latest filing: 2019
Total Revenue$1K
Total Expenses$102K
Total Assets$102K
Grants Given2
Grant Total$627K
Filing Years2017–2019

Mission

ACCOUNTING RESEARCH ASSOCIATION, INC. ("ARA") WAS ORGANIZED TO PROMOTE THE PROGRESS AND OTHER ASPECTS OF PROFESSIONAL ACCOUNTANCY; TO PROVIDE FUNDS FOR STUDIES AND RESEARCH IN REGARD TO PRINCIPLES AND STANDARDS OF THE ACCOUNTING PROFESSION IN CONJUNCTION WITH THE AICPA AND OTHERS; TO DIRECTLY OR INDIRECTLY DISSEMINATE THE RESULTS OF STUDIES, SURVEYS AND RELATED PROJECTS DESIGNED TO IMPROVE ACCOUNTING, AUDITING AND OTHER ASPECTS OF ACCOUNTANCY; AND TO ENGAGE IN OR SPONSOR ANY OTHER PROPER AND LAWFUL ACTIVITY AS MAY BE CONSIDERED TO THE GENERAL WELFARE OF THE ACCOUNTING PROFESSION.

Officers & Directors

SECRETARY-TREASURER Barry Melancon
CHAIR & PAST-CHAIR Eric Hansen
OUTGOING PAST-CHAIR Kimberly Ellison-Taylor
ASSISTANT TREASURER Timothy Laspaluto
VICE PRESIDENT Tracey Golden
VICE PRESIDENT & PRESIDENT William Reeb

Officer compensation and complete director data available with membership.

Top Grant Purposes

RESEARCH
$626,600 2 grants

Financial Trends

Year Revenue Expenses Assets
2019 $1K $102K $102K
2018 $2K $222K $203K
2017 $506K $409K $424K

Between 2017 and 2019, reported annual revenue declined from $506K to $1K (-100%), with total assets most recently reported at $102K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NJ.

NJ

Full geographic grant map with state-by-state breakdown available with membership.

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