Aabr Inc
Aabr Inc. maintains consistent multi-million dollar operations with no reported officer compensation, but often carries high liabilities relative to assets.
EIN: 131968035 · College Point, NY · NTEE: P73 · Updated: 2026-03-28
Is Aabr Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aabr Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aabr Inc
Aabr Inc (EIN: 131968035) is a nonprofit organization based in College Point, NY, classified under NTEE code P73. The organization reported total revenue of $40.2M and total assets of $30.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aabr Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aabr Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Aabr Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Aabr Inc. consistently reports 0% officer compensation across all available filings, which is unusual for an organization with annual expenses exceeding $30 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently, which could obscure a complete picture of administrative costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Aabr Inc's IRS 990 filings:
- Consistent 0% officer compensation reported for a multi-million dollar organization, potentially obscuring true leadership costs.
- Liabilities frequently close to or exceeding total assets in several fiscal periods, indicating potential financial strain or high leverage.
Strengths
The following positive indicators were identified for Aabr Inc:
- Consistent revenue generation, with annual revenues generally above $30 million.
- Growth in revenue in the most recent filing period (202306: $44,093,997).
- Maintains a large operational scale, indicating significant program activity.
Frequently Asked Questions about Aabr Inc
Is Aabr Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aabr Inc (EIN: 131968035) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Aabr Inc spend its money?
Aabr Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aabr Inc tax-deductible?
Aabr Inc is registered as a tax-exempt nonprofit (EIN: 131968035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Aabr Inc. manage its executive leadership without reporting any officer compensation?
The IRS 990 filings for Aabr Inc. consistently show 0% officer compensation. This could mean that executive roles are filled by volunteers, or that compensation for these roles is reported under other expense categories, such as salaries and wages for non-officer staff, which would require further investigation to understand the true cost of leadership.
What is the reason for Aabr Inc.'s high liabilities relative to its assets in several fiscal periods?
In multiple periods, such as 202106, Aabr Inc.'s liabilities ($36,981,836) exceeded its assets ($36,084,962). This indicates a high reliance on debt or other obligations, which could be due to operational financing, capital expenditures, or other financial strategies. While the 202306 filing shows assets ($31,189,009) slightly exceeding liabilities ($28,656,432), the overall trend suggests a need for careful financial management.
Is Aabr Inc.'s financial health improving given the recent increase in revenue and assets?
Aabr Inc.'s revenue increased to $44,093,997 in 202306 from $42,187,903 in 202206, and assets also saw a slight increase to $31,189,009 from $30,061,345 (latest provided). While these are positive indicators, the organization's historical pattern of high liabilities relative to assets suggests that sustained improvement in its balance sheet is crucial for long-term financial stability.
Filing History
IRS 990 filing history for Aabr Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aabr Inc's revenue has grown by 23.4%, moving from $35.7M to $44.1M. Total assets increased by 221.5% over the same period, from $9.7M to $31.2M. Total functional expenses rose by 20.3%, from $36.3M to $43.7M. In its most recent filing year (2023), Aabr Inc reported a surplus of $430K, with revenue exceeding expenses. The organization holds $28.7M in liabilities against $31.2M in assets (debt-to-asset ratio: 91.9%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $44.1M | $43.7M | $31.2M | $28.7M | — | — |
| 2022 | $42.2M | $40.1M | $33.6M | $32.3M | — | View 990 |
| 2021 | $33.0M | $33.9M | $36.1M | $37.0M | — | — |
| 2020 | $36.6M | $38.1M | $22.3M | $24.9M | — | View 990 |
| 2019 | $39.5M | $38.0M | $18.3M | $18.0M | — | View 990 |
| 2018 | $37.1M | $35.2M | $19.8M | $20.3M | — | View 990 |
| 2017 | $34.7M | $35.5M | $12.9M | $16.7M | — | View 990 |
| 2016 | $36.7M | $36.5M | $15.6M | $20.4M | — | View 990 |
| 2015 | $35.1M | $36.1M | $16.3M | $18.0M | — | View 990 |
| 2014 | $35.3M | $35.7M | $12.6M | $13.3M | — | View 990 |
| 2013 | $35.6M | $35.3M | $11.2M | $13.0M | — | View 990 |
| 2012 | $35.3M | $35.9M | $11.3M | $13.0M | — | View 990 |
| 2011 | $35.7M | $36.3M | $9.7M | $9.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $44.1M, expenses of $43.7M, and assets of $31.2M (revenue +4.5% year-over-year).
- 2022: Revenue of $42.2M, expenses of $40.1M, and assets of $33.6M (revenue +27.8% year-over-year).
- 2021: Revenue of $33.0M, expenses of $33.9M, and assets of $36.1M (revenue -9.9% year-over-year).
- 2020: Revenue of $36.6M, expenses of $38.1M, and assets of $22.3M (revenue -7.3% year-over-year).
- 2019: Revenue of $39.5M, expenses of $38.0M, and assets of $18.3M (revenue +6.6% year-over-year).
- 2018: Revenue of $37.1M, expenses of $35.2M, and assets of $19.8M (revenue +7.0% year-over-year).
- 2017: Revenue of $34.7M, expenses of $35.5M, and assets of $12.9M (revenue -5.5% year-over-year).
- 2016: Revenue of $36.7M, expenses of $36.5M, and assets of $15.6M (revenue +4.4% year-over-year).
- 2015: Revenue of $35.1M, expenses of $36.1M, and assets of $16.3M (revenue -0.5% year-over-year).
- 2014: Revenue of $35.3M, expenses of $35.7M, and assets of $12.6M (revenue -0.7% year-over-year).
- 2013: Revenue of $35.6M, expenses of $35.3M, and assets of $11.2M (revenue +0.7% year-over-year).
- 2012: Revenue of $35.3M, expenses of $35.9M, and assets of $11.3M (revenue -1.1% year-over-year).
- 2011: Revenue of $35.7M, expenses of $36.3M, and assets of $9.7M.
Data Sources and Methodology
This transparency report for Aabr Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.