Aasc Ii

Aasc Ii consistently operates at a deficit, drawing down assets over the past decade.

EIN: 205544885 · Anchorage, AK · NTEE: L22 · Updated: 2026-03-28

$144KRevenue
$2.2MAssets
65/100Mission Score (Good)
L22
Aasc Ii Financial Summary
MetricValue
Total Revenue$144K
Total Expenses$201K
Program Spending75%
Net Assets$227K
Transparency Score65/100

Search Intent Cockpit

Aasc Ii Form 990, Revenue, CEO Pay, and IRS Filing Signals

Aasc Ii is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Aasc Ii in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $125K and expenses of $201K.

Revenue and Expenses

Aasc Ii reported $125K in revenue and $201K in expenses, a deficit of $76K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Aasc Ii Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
75%Program Expense
$0Grants Paid
14Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Aasc Ii Expense Deployment
Program services$151K (75%)

Across stored filings, Aasc Ii shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Aasc Ii Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend75% to programsExcellent
Financial durabilityGrade C14 stored filing years
Peer contextCompare with Valdez Junior Rifle ClubAlaska and Category L context

Trust Check

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Aasc Ii directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Aasc Ii

Aasc Ii (EIN: 205544885) is a nonprofit organization based in Anchorage, AK, classified under NTEE code L22. The organization reported total revenue of $144K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aasc Ii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
14Years of Filings
MixedRevenue Trajectory

Aasc Ii is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.6%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$125K
Total Expenses$201K
Surplus / Deficit$-76,368
Total Assets$2.2M
Total Liabilities$2.0M
Net Assets$227K
Operating Margin-61.1%
Debt-to-Asset Ratio89.9%
Months of Reserves133.7 months

Financial Health Grade: C

In 2024, Aasc Ii reported a deficit of $76K with expenses exceeding revenue, holds 133.7 months of operating reserves (strong position), has a debt-to-asset ratio of 89.9% (high leverage).

Financial Trends

Over 14 years of filings (2011–2024), Aasc Ii's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.

YearRevenue ChangeExpense ChangeAsset Change
2024+4.8%+6.1%-3.2%
2023+4.6%+4.8%-3.0%
2022-40.6%-6.0%-3.9%
2021+61.0%+7.0%+1.4%
2020+2.3%+4.6%-2.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Aasc Ii demonstrates consistent financial operations, though it has regularly spent more than it brings in, as evidenced by expenses exceeding revenue in every reported period. For example, in 202406, revenue was $125,051 while expenses were $201,419. This trend has led to a gradual decline in assets over the past decade, from $2,744,198 in 201506 to $2,194,976 currently. Despite this, the organization maintains substantial assets relative to its annual revenue, suggesting a stable, albeit slowly diminishing, financial base. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead in this area and strong transparency regarding executive pay. The organization's NTEE code L22 suggests a focus on housing and shelter for the homeless, which is a critical program area. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, it's challenging to fully assess spending efficiency. The consistent deficit spending is a concern for long-term sustainability, even with significant existing assets. Transparency is high regarding executive compensation, with no reported officer compensation, which is a positive indicator for donor trust. Overall, Aasc Ii appears to be a transparent organization with a clear mission, but its financial model of consistent deficit spending warrants closer examination. While current assets provide a buffer, this trend is not sustainable indefinitely. Donors might want to understand the specific nature of their expenses and how they plan to address the recurring revenue-expense gap.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Aasc Ii with a Mission Score of 65 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: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Aasc Ii allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$125KTotal Revenue
$201KTotal Expenses
$2.2MTotal Assets
$2.0MTotal Liabilities
$227KNet Assets
  • The organization reported a deficit of $76K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 89.9%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all filings, indicating that no officers receive compensation, which is highly favorable for minimizing administrative costs relative to the organization's size and revenue.

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 Aasc Ii's IRS 990 filings:

  • Consistent deficit spending, with expenses exceeding revenue in all reported periods (e.g., 202406 revenue $125,051 vs. expenses $201,419).
  • Declining asset base over the past decade, from $2,744,198 in 201506 to $2,194,976 currently.
  • High and consistent liabilities around $2 million, which could indicate significant debt or long-term obligations.

Strengths

The following positive indicators were identified for Aasc Ii:

  • Zero reported officer compensation across all filings, indicating efficient use of funds in executive pay.
  • Substantial asset base ($2,194,976) relative to annual revenue, providing a financial buffer.
  • Consistent filing history (14 filings) demonstrates transparency and adherence to reporting requirements.

Frequently Asked Questions about Aasc Ii

Is Aasc Ii a legitimate charity?

Aasc Ii (EIN: 205544885) is a registered tax-exempt nonprofit based in Alaska. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $144K. 3 red flags identified. 3 strengths noted. Financial health grade: C.

How does Aasc Ii spend its money?

Aasc Ii directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Aasc Ii tax-deductible?

Aasc Ii is registered as a tax-exempt nonprofit (EIN: 205544885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Aasc Ii's spending goes to programs?

Aasc Ii directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Aasc Ii compare to similar nonprofits?

With a transparency score of 65/100 (Good), Aasc Ii is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Aasc Ii located?

Aasc Ii is headquartered in Anchorage, Alaska and files with the IRS under EIN 205544885. It is classified under NTEE code L22.

How many years of IRS 990 filings does Aasc Ii have?

Aasc Ii has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $144K in total revenue.

How does Aasc Ii plan to address its consistent deficit spending?

The organization has consistently spent more than its revenue, with expenses exceeding revenue in every reported period (e.g., $201,419 expenses vs. $125,051 revenue in 202406). Understanding their strategy to balance the budget is crucial for long-term sustainability.

What is the detailed breakdown of Aasc Ii's expenses into program, administrative, and fundraising costs?

Without a detailed breakdown, it's difficult to fully assess spending efficiency. While the provided data shows total expenses, the allocation to core programs versus overhead is not clear.

What is the specific nature of the liabilities, which consistently hover around $2 million?

Liabilities have remained consistently high, around $2 million (e.g., $2,017,509 in 202406). Understanding the nature of these liabilities (e.g., mortgages, program-related debt) is important for a complete financial picture.

What is the organization's strategy for asset management given the declining trend?

Assets have decreased from $2,744,198 in 201506 to $2,194,976 currently. While still substantial, this decline warrants inquiry into their asset management and investment strategies.

Filing History

IRS 990 filing history for Aasc Ii showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Aasc Ii's revenue has grown by 39.1%, moving from $90K to $125K. Total assets decreased by 27.5% over the same period, from $3.1M to $2.2M. Total functional expenses rose by 27.5%, from $158K to $201K. In its most recent filing year (2024), Aasc Ii reported a deficit of $76K, with expenses exceeding revenue. The organization holds $2.0M in liabilities against $2.2M in assets (debt-to-asset ratio: 89.9%), resulting in net assets of $227K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $125K $201K $2.2M $2.0M
2023 $119K $190K $2.3M $2.0M
2022 $114K $181K $2.4M $2.0M View 990
2021 $192K $193K $2.5M $2.0M
2020 $119K $180K $2.5M $2.0M View 990
2019 $116K $172K $2.5M $2.0M View 990
2018 $125K $181K $2.6M $2.0M View 990
2017 $121K $180K $2.6M $2.0M View 990
2016 $123K $167K $2.7M $2.0M View 990
2015 $121K $183K $2.7M $2.0M View 990
2014 $112K $184K $2.8M $2.0M View 990
2013 $120K $171K $2.9M $2.0M View 990
2012 $170K $174K $2.9M $2.0M View 990
2011 $90K $158K $3.1M $2.2M View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $125K, expenses of $201K, and assets of $2.2M (revenue +4.8% year-over-year).
  • 2023: Revenue of $119K, expenses of $190K, and assets of $2.3M (revenue +4.6% year-over-year).
  • 2022: Revenue of $114K, expenses of $181K, and assets of $2.4M (revenue -40.6% year-over-year).
  • 2021: Revenue of $192K, expenses of $193K, and assets of $2.5M (revenue +61.0% year-over-year).
  • 2020: Revenue of $119K, expenses of $180K, and assets of $2.5M (revenue +2.3% year-over-year).
  • 2019: Revenue of $116K, expenses of $172K, and assets of $2.5M (revenue -6.5% year-over-year).
  • 2018: Revenue of $125K, expenses of $181K, and assets of $2.6M (revenue +2.9% year-over-year).
  • 2017: Revenue of $121K, expenses of $180K, and assets of $2.6M (revenue -1.7% year-over-year).
  • 2016: Revenue of $123K, expenses of $167K, and assets of $2.7M (revenue +1.9% year-over-year).
  • 2015: Revenue of $121K, expenses of $183K, and assets of $2.7M (revenue +8.4% year-over-year).
  • 2014: Revenue of $112K, expenses of $184K, and assets of $2.8M (revenue -6.8% year-over-year).
  • 2013: Revenue of $120K, expenses of $171K, and assets of $2.9M (revenue -29.6% year-over-year).
  • 2012: Revenue of $170K, expenses of $174K, and assets of $2.9M (revenue +89.2% year-over-year).
  • 2011: Revenue of $90K, expenses of $158K, and assets of $3.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Aasc Ii:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Aasc Ii 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.

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