Is Access Partnership Incorporated Legit?

Quick charity verification for Access Partnership Incorporated (EIN: 201830252)

Verdict: Access Partnership Incorporated shows mixed signals

55/100Mission Score
$561KRevenue
$56KAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Access Partnership Incorporated demonstrates a concerning trend of declining assets and consistent operating deficits over the past several years. While the organization reported a slight surplus in 2021 ($559,860 revenue vs. $540,121 expenses), this follows multiple years of expenses exceeding revenue, notably in 2020 ($560,444 revenue vs. $638,314 expenses) and 2019 ($526,924 revenue vs. $643,006 expenses). This pattern has led to a significant reduction in assets, from a high of $636,564 in 2012 to $55,612 in 2021, indicating a potential long-term sustainability issue. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 11 filings available. A key positive aspect is the reported 0% officer compensation across all available filings, suggesting that leadership is not drawing a salary from the organization's funds. However, without a detailed breakdown of expenses beyond total revenue and expenses, it's challenging to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising efforts. The substantial decline in assets, coupled with fluctuating liabilities, warrants closer scrutiny into the organization's financial management and long-term viability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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