Access Language Solutions Inc
EIN: 822228669 · Lexington, KY · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $512K |
| Total Expenses | $319K |
| Net Assets | $18K |
Is Access Language Solutions Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Access Language Solutions Inc
Access Language Solutions Inc (EIN: 822228669) is a nonprofit organization based in Lexington, KY, classified under NTEE code P20. The organization reported total revenue of $512K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Access Language Solutions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Access Language Solutions Inc is a small nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 31.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $270K |
| Total Expenses | $319K |
| Surplus / Deficit | $-48,904 |
| Total Assets | $60K |
| Total Liabilities | $42K |
| Net Assets | $18K |
| Operating Margin | -18.1% |
| Debt-to-Asset Ratio | 69.4% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2023, Access Language Solutions Inc reported a deficit of $49K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 69.4% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Access Language Solutions Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.3% | +1.1% | -45.1% |
| 2022 | +165.0% | +101.0% | +1643.7% |
| 2021 | +31.0% | +46.9% | -72.3% |
| 2020 | +19.9% | +20.4% | +367.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Access Language Solutions Inc 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 Language Solutions Inc 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 $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.4%.
Frequently Asked Questions about Access Language Solutions Inc
Is Access Language Solutions Inc a legitimate charity?
Access Language Solutions Inc (EIN: 822228669) is a registered tax-exempt nonprofit based in Kentucky. It has 5 years of IRS 990 filings on record. Total revenue: $512K. No red flags identified. Financial health grade: D.
How does Access Language Solutions Inc spend its money?
Access Language Solutions Inc reported $512K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Access Language Solutions Inc tax-deductible?
Access Language Solutions Inc is registered as a tax-exempt nonprofit (EIN: 822228669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Access Language Solutions Inc located?
Access Language Solutions Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 822228669. It is classified under NTEE code P20.
How many years of IRS 990 filings does Access Language Solutions Inc have?
Access Language Solutions Inc has 5 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 $512K in total revenue.
Filing History
IRS 990 filing history for Access Language Solutions Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Access Language Solutions Inc's revenue has grown by 194.3%, moving from $92K to $270K. Total assets increased by 1138% over the same period, from $5K to $60K. Total functional expenses rose by 259.3%, from $89K to $319K. In its most recent filing year (2023), Access Language Solutions Inc reported a deficit of $49K, with expenses exceeding revenue. The organization holds $42K in liabilities against $60K in assets (debt-to-asset ratio: 69.4%), resulting in net assets of $18K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $270K | $319K | $60K | $42K | — | — |
| 2022 | $382K | $315K | $110K | $50K | — | — |
| 2021 | $144K | $157K | $6K | $18K | — | View 990 |
| 2020 | $110K | $107K | $23K | $17K | — | — |
| 2019 | $92K | $89K | $5K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $270K, expenses of $319K, and assets of $60K (revenue -29.3% year-over-year).
- 2022: Revenue of $382K, expenses of $315K, and assets of $110K (revenue +165.0% year-over-year).
- 2021: Revenue of $144K, expenses of $157K, and assets of $6K (revenue +31.0% year-over-year).
- 2020: Revenue of $110K, expenses of $107K, and assets of $23K (revenue +19.9% year-over-year).
- 2019: Revenue of $92K, expenses of $89K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Access Language Solutions Inc:
Data Sources and Methodology
This transparency report for Access Language Solutions 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.