Liabilities / Assets
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
Accounting Research Association Inc
EIN 13-6227058 • 501(c)6 • Durham, NC
Profile
The development and establishment of financial, reporting and governmental accounting standards board.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
51st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
18th percentile
Faster revenue growth than 18% of similar nonprofits.
Balance Sheet
Assets
Down$101,953
Down $101,303 (-50%) from 2018
Liabilities
Down$0
Down $186 (-100%) from 2018
Net Assets
Down$101,953
Down $101,117 (-50%) from 2018
Revenue
Down$1,119
Down $506 (-31%) from 2018
Expenses
Down$102,236
Down $120,153 (-54%) from 2018
Net Income
Up-$101,117
Up $119,647 (+54%) from 2018
Trend Graphs
Filings
Most recent year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $101,953
- Liabilities
- $0
- Net assets
- $101,953
- Revenue
- $1,119
- Expenses
- $102,236
- Net income
- -$101,117
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- May 12, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $1,119
Mission and Program Overview
Mission
The development and establishment of financial, reporting and governmental accounting standards board.
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.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FACILITATE THE INTEGRATION OF DATA ANALYTICS AND RELATED TECHNOLOGIES INTO THE AUDIT PROCESS, AND TO DEMONSTRATE THROUGH RESEARCH HOW THIS CAN EFFECTIVELY LEAD TO ADVANCEMENTS IN THE AUDIT PROFESSION. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BARRY MELANCON | Secretary-Treasurer | - | $0 | - | - |
| ERIC HANSEN | Chair & Past-Chair | - | $0 | - | - |
| KIMBERLY ELLISON-TAYLOR | Outgoing Past-Chair | - | $0 | - | - |
| TIMOTHY LASPALUTO | Assistant Treasurer | - | $0 | - | - |
| TRACEY GOLDEN | Vice President | - | $0 | - | - |
| WILLIAM REEB | Vice President & President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Accounting Research Association Inc
- EIN
- 13-6227058
- Phone
- 9194024500
- Address
- 220 LEIGH FARM ROAD, DURHAM, NC 27707
Signing Officer
- Name
- Timothy Laspaluto
- Title
- Assistant Treasurer
- Phone
- 9194024500
- Signed
- 2020-05-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Cohnreznick Llp
- Address
- 4 BECKER FARM ROAD, ROSELAND, NJ 07068
- Preparer
- Lori Rothe Yokobosky CPA
- Phone
- 9732283500
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest. Amount: 1,119.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: research grant. Grantee name: rutgers, the state university of nj. Grantee address: 65 davidson road piscataway, nj 08854. Property description: cash grant. Method used to determine fmv: cash. Amount given: 100,000.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: commercial services. Amount: 2,152. Description: annual report fee. Amount: 84. Total to form 990-ez, line 16: 2,236.”
Raw XML Appendix131 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | TIMOTHY LASPALUTO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9194024500 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 220 LEIGH FARM ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DURHAM |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 277078110 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 203256 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 101953 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -101117 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 203256 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 101953 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 100000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 1119 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1119 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 203070 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 101953 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 203070 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 101953 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.30 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.30 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.30 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.30 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.30 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.30 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BARRY MELANCON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ERIC HANSEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KIMBERLY ELLISON-TAYLOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | TIMOTHY LASPALUTO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | TRACEY GOLDEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | WILLIAM REEB |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | SECRETARY-TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CHAIR & PAST-CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | OUTGOING PAST-CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | ASSISTANT TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | VICE PRESIDENT & PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 2236 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FACILITATE THE INTEGRATION OF DATA ANALYTICS AND RELATED TECHNOLOGIES INTO THE AUDIT PROCESS, AND TO DEMONSTRATE THROUGH RESEARCH HOW THIS CAN EFFECTIVELY LEAD TO ADVANCEMENTS IN THE AUDIT PROFESSION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 186 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 102236 |
| IRS990EZ/TotalRevenueAmt | 0 | 1119 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.AICPA.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST. AMOUNT: 1,119. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: RESEARCH GRANT. GRANTEE NAME: RUTGERS, THE STATE UNIVERSITY OF NJ. GRANTEE ADDRESS: 65 DAVIDSON ROAD PISCATAWAY, NJ 08854. PROPERTY DESCRIPTION: CASH GRANT. METHOD USED TO DETERMINE FMV: CASH. AMOUNT GIVEN: 100,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: COMMERCIAL SERVICES. AMOUNT: 2,152. DESCRIPTION: ANNUAL REPORT FEE. AMOUNT: 84. TOTAL TO FORM 990-EZ, LINE 16: 2,236. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TIMOTHY LASPALUTO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | ASSISTANT TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9194024500 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ACCOUNTING RESEARCH ASSOCIATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ACCO |
| ReturnHeader/Filer/EIN | 0 | 136227058 |
| ReturnHeader/Filer/PhoneNum | 0 | 9194024500 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 220 LEIGH FARM ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DURHAM |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27707 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 238159564A7F207AC3E2D33505B4833284B8AC6F |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 209.59.242.22 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-05-12 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:40:40 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 221478099 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | COHNREZNICK LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4 BECKER FARM ROAD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ROSELAND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 07068 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9732283500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-05-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LORI ROTHE YOKOBOSKY CPA |
| ReturnHeader/ReturnTs | 0 | 2020-05-13T08:35:48-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
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