Is Alliance For Rights And Recovery Inc Legit?

Quick charity verification for Alliance For Rights And Recovery Inc (EIN: 161218560)

Verdict: Alliance For Rights And Recovery Inc shows mixed signals

65/100Mission Score
$5.9MRevenue
$2.7MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Alliance For Rights And Recovery Inc demonstrates a mixed financial picture. While the organization has shown significant growth in revenue and assets in recent years, particularly from 2021 to 2023, there are some areas for closer examination. The most recent filing (202312) shows expenses slightly exceeding revenue ($5,043,843 vs. $4,993,110), indicating a slight operating deficit for that period. However, the organization's assets have grown substantially, reaching $6,094,817 in 2023, up from $409,776 in 2021, which is a positive sign of financial capacity building. Spending efficiency appears to be a concern, as the organization frequently reports expenses exceeding revenue in multiple periods (e.g., 2023, 2022, 2019, 2018). This consistent trend of operating at a deficit could indicate reliance on reserves or other funding sources to cover operational costs. The lack of reported officer compensation across all available filings suggests a potential for high transparency regarding executive pay, or that compensation is structured in a way that isn't captured under 'officer compensation' on the 990, which warrants further investigation. Overall, the organization's financial health shows growth in scale but also a pattern of spending exceeding income. Transparency regarding executive compensation is high, given the 0% reported, but the consistent operating deficits suggest a need for improved financial management to ensure long-term sustainability.

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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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