Accept Inc
Accept Inc: Declining Revenue and Assets Raise Concerns Despite Low Overhead
EIN: 222599041 · Greensboro, VT · NTEE: F33Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3 |
| Total Expenses | $4K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $14K |
| Transparency Score | 65/100 |
Is Accept Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Accept Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Accept Inc
Accept Inc (EIN: 222599041) is a nonprofit organization based in Greensboro, VT, classified under NTEE code F33Z. The organization reported total revenue of $3 and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Accept Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Accept Inc is a micro nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -47.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $4K |
| Surplus / Deficit | $-4,075 |
| Total Assets | $14K |
| Total Liabilities | $1 |
| Net Assets | $14K |
| Operating Margin | -407500.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 41.5 months |
Financial Health Grade: B
In 2024, Accept Inc reported a deficit of $4K with expenses exceeding revenue, holds 41.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Accept Inc's revenue has declined at a compound annual growth rate (CAGR) of -47.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -75.0% | -41.5% | -34.8% |
| 2023 | -63.6% | -72.0% | -24.3% |
| 2022 | -95.5% | +3.9% | -46.5% |
| 2021 | -20.5% | +14.0% | -30.7% |
| 2020 | +12.0% | -36.4% | -52.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Accept Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Accept 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a fully volunteer-led organization, which is highly efficient but may pose sustainability challenges.
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 Accept Inc's IRS 990 filings:
- Significant decline in total assets from $218,350 in 2014 to $12,985 in 2024, indicating a substantial reduction in organizational capacity.
- Revenue has sharply decreased from $39,089 in 2014 to $4,076 in 2024, raising questions about program funding and operational viability.
- The organization's financial health appears to be in a steep decline over the past decade.
Strengths
The following positive indicators were identified for Accept Inc:
- Consistently reports 0% compensation for key personnel, demonstrating a strong commitment to maximizing funds for mission-related activities.
- Maintains a very low administrative and fundraising overhead, indicating efficient use of resources.
- Long operational history with consistent annual filings, suggesting a dedicated, albeit shrinking, volunteer base.
Frequently Asked Questions about Accept Inc
Is Accept Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Accept Inc (EIN: 222599041) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Accept Inc spend its money?
Accept Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Accept Inc tax-deductible?
Accept Inc is registered as a tax-exempt nonprofit (EIN: 222599041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Accept Inc CEO make?
Accept Inc's highest-compensated officer earns $0 annually. The organization reported $3 in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Accept Inc's spending goes to programs?
Accept Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Accept Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Accept Inc is above average for NTEE category F33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Accept Inc located?
Accept Inc is headquartered in Greensboro, Vermont and files with the IRS under EIN 222599041. It is classified under NTEE code F33Z.
How many years of IRS 990 filings does Accept Inc have?
Accept Inc has 10 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 $3 in total revenue.
What does Accept Inc do?
Accept Inc is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Greensboro, Vermont. It is classified under NTEE code F33Z.
How much revenue does Accept Inc have?
Accept Inc reported total revenue of $3. Based on 10 IRS 990 filings on record.
What are Accept Inc's total assets?
Accept Inc holds total assets of $12,985 as reported in IRS 990 filings.
Where is Accept Inc located?
Accept Inc is based in Greensboro, Vermont.
What is Accept Inc's EIN?
Accept Inc's Employer Identification Number (EIN) is 222599041. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Accept Inc?
Accept Inc is classified under NTEE code F33Z (Mental Health & Crisis Intervention).
Is Accept Inc a registered 501(c)(3)?
Yes, Accept Inc is recognized as a tax-exempt organization by the IRS. EIN: 222599041.
Does Accept Inc file IRS Form 990?
Yes, Accept Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Accept Inc's revenue in 2024?
In the 202406 filing period, Accept Inc reported total revenue of $1, total expenses of $4,076, and net assets of $14,095.
Is Accept Inc's revenue growing or declining?
Accept Inc's revenue is declining. Revenue went from $4 (202306) to $1 (202406), a -75.0% change. Based on 10 filings on record.
What is Accept Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Accept Inc covers tax period 202406. It shows revenue of $1, expenses of $4,076, total assets of $14,095, and liabilities of $1.
How much does Accept Inc spend on programs vs administration?
Based on IRS 990 analysis, Accept Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Accept Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Accept Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Accept Inc?
The following concerns were identified: Significant decline in total assets from $218,350 in 2014 to $12,985 in 2024, indicating a substantial reduction in organizational capacity.. Revenue has sharply decreased from $39,089 in 2014 to $4,076 in 2024, raising questions about program funding and operational viability.. The organization's financial health appears to be in a steep decline over the past decade.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Accept Inc's strengths?
Positive indicators for Accept Inc include: Consistently reports 0% compensation for key personnel, demonstrating a strong commitment to maximizing funds for mission-related activities.. Maintains a very low administrative and fundraising overhead, indicating efficient use of resources.. Long operational history with consistent annual filings, suggesting a dedicated, albeit shrinking, volunteer base.. These findings are derived from AI analysis of the organization's financial filings.
How does Accept Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a fully volunteer-led organization, which is highly efficient but may pose sustainability challenges. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 executive compensation, how does Accept Inc sustain its operations and leadership, and what are the long-term implications of this model for growth or succession planning?
The $0 executive compensation suggests a volunteer-driven model. While highly efficient in resource allocation, it raises questions about the sustainability of leadership, potential for burnout, and the organization's ability to attract and retain talent for future growth or succession without paid positions.
What specific factors have contributed to the dramatic decline in both revenue and assets over the past decade, and what strategies are in place to reverse this trend?
The data shows a significant decline in revenue from $39,089 in 2014 to $4,076 in 2024, and assets from $218,350 to $12,985. Without further information, it's unclear if this is due to a change in mission, reduced donor base, or other operational challenges. Understanding the root causes and proposed strategies is crucial for assessing future viability.
Filing History
IRS 990 filing history for Accept Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Accept Inc's revenue has declined by 100%, moving from $2K to $1. Total assets decreased by 95.2% over the same period, from $293K to $14K. Total functional expenses fell by 93.4%, from $61K to $4K. In its most recent filing year (2024), Accept Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $14K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1 | $4K | $14K | $1 | — | — |
| 2023 | $4 | $7K | $22K | $1 | — | View 990 |
| 2022 | $11 | $25K | $29K | $1 | — | View 990 |
| 2021 | $244 | $24K | $53K | $0 | — | View 990 |
| 2020 | $307 | $21K | $77K | $0 | — | View 990 |
| 2016 | $274 | $33K | $161K | $0 | — | View 990 |
| 2015 | $490 | $25K | $194K | $0 | — | View 990 |
| 2014 | $602 | $39K | $218K | $0 | — | View 990 |
| 2013 | $546 | $37K | $257K | $0 | — | View 990 |
| 2012 | $2K | $61K | $293K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1, expenses of $4K, and assets of $14K (revenue -75.0% year-over-year).
- 2023: Revenue of $4, expenses of $7K, and assets of $22K (revenue -63.6% year-over-year).
- 2022: Revenue of $11, expenses of $25K, and assets of $29K (revenue -95.5% year-over-year).
- 2021: Revenue of $244, expenses of $24K, and assets of $53K (revenue -20.5% year-over-year).
- 2020: Revenue of $307, expenses of $21K, and assets of $77K (revenue +12.0% year-over-year).
- 2016: Revenue of $274, expenses of $33K, and assets of $161K (revenue -44.1% year-over-year).
- 2015: Revenue of $490, expenses of $25K, and assets of $194K (revenue -18.6% year-over-year).
- 2014: Revenue of $602, expenses of $39K, and assets of $218K (revenue +10.3% year-over-year).
- 2013: Revenue of $546, expenses of $37K, and assets of $257K (revenue -74.1% year-over-year).
- 2012: Revenue of $2K, expenses of $61K, and assets of $293K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Accept Inc:
Data Sources and Methodology
This transparency report for Accept 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.