Is Ahepa 250 Iv Inc Legit?

Quick charity verification for Ahepa 250 Iv Inc (EIN: 204556679)

Verdict: Ahepa 250 Iv Inc appears trustworthy

70/100Mission Score
$593KRevenue
$4.6MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Ahepa 250 Iv Inc, operating in Niantic, CT, appears to be a stable organization with consistent revenue streams, though it has experienced operating deficits in recent years. For example, in fiscal year 2023, the organization reported revenues of $528,775 against expenses of $636,836, resulting in a deficit of over $100,000. This trend of expenses exceeding revenue is visible across multiple years, indicating a reliance on existing assets or other funding mechanisms to cover operational costs. Despite these deficits, the organization maintains substantial assets, reported at $4,694,239 in 2023, which suggests a strong financial foundation built over time. However, the consistent decline in assets from $6,024,835 in 2014 to $4,694,239 in 2023, alongside the operating deficits, warrants closer examination to ensure long-term sustainability. The organization consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds at the executive level and suggests a volunteer-driven leadership structure, enhancing its transparency and public trust.

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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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