Access Foundation Corp
EIN: 824050917 · Saint George, UT · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $933K |
| Net Assets | $-458,796 |
Is Access Foundation Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Access Foundation Corp
Access Foundation Corp (EIN: 824050917) is a nonprofit organization based in Saint George, UT, classified under NTEE code L80. The organization reported total revenue of $2.0M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Access Foundation Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Access Foundation Corp is a mid-size nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 342.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $713K |
| Total Expenses | $933K |
| Surplus / Deficit | $-219,521 |
| Total Assets | $3.2M |
| Total Liabilities | $3.6M |
| Net Assets | $-458,796 |
| Operating Margin | -30.8% |
| Debt-to-Asset Ratio | 114.4% |
| Months of Reserves | 41.0 months |
Financial Health Grade: C
In 2023, Access Foundation Corp reported a deficit of $220K with expenses exceeding revenue, holds 41.0 months of operating reserves (strong position), has a debt-to-asset ratio of 114.4% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Access Foundation Corp's revenue has grown at a compound annual growth rate (CAGR) of 342.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.8% | +42.0% | +54.4% |
| 2022 | +93.0% | +84.6% | +42.8% |
| 2021 | +33.7% | +55.6% | +221.4% |
| 2020 | +1017.4% | +748.2% | +0.8% |
| 2019 | +4670.6% | +3.5% | +23450.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Access Foundation Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Access Foundation Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $220K, with expenses exceeding revenue.
- Debt-to-asset ratio: 114.4%.
Frequently Asked Questions about Access Foundation Corp
Is Access Foundation Corp a legitimate charity?
Access Foundation Corp (EIN: 824050917) is a registered tax-exempt nonprofit based in Utah. It has 6 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: C.
How does Access Foundation Corp spend its money?
Access Foundation Corp reported $2.0M in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Access Foundation Corp tax-deductible?
Access Foundation Corp is registered as a tax-exempt nonprofit (EIN: 824050917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Access Foundation Corp located?
Access Foundation Corp is headquartered in Saint George, Utah and files with the IRS under EIN 824050917. It is classified under NTEE code L80.
How many years of IRS 990 filings does Access Foundation Corp have?
Access Foundation Corp has 6 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Access Foundation Corp showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Access Foundation Corp's revenue has grown by 170114.8%, moving from $419 to $713K. Total assets increased by 167994.4% over the same period, from $2K to $3.2M. Total functional expenses rose by 3481.1%, from $26K to $933K. In its most recent filing year (2023), Access Foundation Corp reported a deficit of $220K, with expenses exceeding revenue. The organization holds $3.6M in liabilities against $3.2M in assets (debt-to-asset ratio: 114.4%), resulting in net assets of $-458,796.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $713K | $933K | $3.2M | $3.6M | — | — |
| 2022 | $576K | $657K | $2.1M | $2.3M | — | View 990 |
| 2021 | $299K | $356K | $1.4M | $1.6M | — | View 990 |
| 2020 | $223K | $229K | $450K | $540K | — | — |
| 2019 | $20K | $27K | $446K | $527K | — | View 990 |
| 2018 | $419 | $26K | $2K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $713K, expenses of $933K, and assets of $3.2M (revenue +23.8% year-over-year).
- 2022: Revenue of $576K, expenses of $657K, and assets of $2.1M (revenue +93.0% year-over-year).
- 2021: Revenue of $299K, expenses of $356K, and assets of $1.4M (revenue +33.7% year-over-year).
- 2020: Revenue of $223K, expenses of $229K, and assets of $450K (revenue +1017.4% year-over-year).
- 2019: Revenue of $20K, expenses of $27K, and assets of $446K (revenue +4670.6% year-over-year).
- 2018: Revenue of $419, expenses of $26K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Access Foundation Corp:
Data Sources and Methodology
This transparency report for Access Foundation Corp 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.