Achieve Inc
EIN: 522006429 · Silver Spring, MD · NTEE: B73E
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $4.3M |
| Net Assets | $-176,936 |
Is Achieve Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Achieve Inc
Achieve Inc (EIN: 522006429) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code B73E. The organization reported total revenue of $3.9M and total assets of $325K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Achieve Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Achieve Inc is a mid-size nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -8.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $4.3M |
| Surplus / Deficit | $-421,548 |
| Total Assets | $325K |
| Total Liabilities | $501K |
| Net Assets | $-176,936 |
| Operating Margin | -10.8% |
| Debt-to-Asset Ratio | 154.5% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2020, Achieve Inc reported a deficit of $422K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 154.5% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), Achieve Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -30.4% | -11.8% | -89.5% |
| 2019 | -33.6% | -41.1% | +36.6% |
| 2018 | -26.7% | -32.8% | -52.0% |
| 2017 | -15.1% | -7.3% | -30.8% |
| 2016 | -11.0% | -9.2% | +17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Achieve 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 Achieve 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $422K, with expenses exceeding revenue.
- Debt-to-asset ratio: 154.5%.
Frequently Asked Questions about Achieve Inc
Is Achieve Inc a legitimate charity?
Achieve Inc (EIN: 522006429) is a registered tax-exempt nonprofit based in Maryland. It has 10 years of IRS 990 filings on record. Total revenue: $3.9M. No red flags identified. Financial health grade: D.
How does Achieve Inc spend its money?
Achieve Inc reported $3.9M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Achieve Inc tax-deductible?
Achieve Inc is registered as a tax-exempt nonprofit (EIN: 522006429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Achieve Inc located?
Achieve Inc is headquartered in Silver Spring, Maryland and files with the IRS under EIN 522006429. It is classified under NTEE code B73E.
How many years of IRS 990 filings does Achieve Inc have?
Achieve 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 $3.9M in total revenue.
Filing History
IRS 990 filing history for Achieve Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Achieve Inc's revenue has declined by 53.9%, moving from $8.5M to $3.9M. Total assets decreased by 95.3% over the same period, from $6.9M to $325K. Total functional expenses fell by 53.9%, from $9.4M to $4.3M. In its most recent filing year (2020), Achieve Inc reported a deficit of $422K, with expenses exceeding revenue. The organization holds $501K in liabilities against $325K in assets (debt-to-asset ratio: 154.5%), resulting in net assets of $-176,936.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $3.9M | $4.3M | $325K | $501K | — | View 990 |
| 2019 | $5.6M | $4.9M | $3.1M | $1.9M | — | View 990 |
| 2018 | $8.4M | $8.3M | $2.3M | $1.8M | — | View 990 |
| 2017 | $11.5M | $12.4M | $4.7M | $4.4M | — | View 990 |
| 2016 | $13.6M | $13.3M | $6.8M | $5.7M | — | View 990 |
| 2015 | $15.3M | $14.7M | $5.8M | $4.9M | — | View 990 |
| 2014 | $13.2M | $14.4M | $6.0M | $5.6M | — | View 990 |
| 2013 | $14.8M | $14.2M | $8.6M | $7.0M | — | View 990 |
| 2012 | $14.3M | $13.8M | $8.7M | $7.7M | — | View 990 |
| 2011 | $8.5M | $9.4M | $6.9M | $6.5M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $3.9M, expenses of $4.3M, and assets of $325K (revenue -30.4% year-over-year).
- 2019: Revenue of $5.6M, expenses of $4.9M, and assets of $3.1M (revenue -33.6% year-over-year).
- 2018: Revenue of $8.4M, expenses of $8.3M, and assets of $2.3M (revenue -26.7% year-over-year).
- 2017: Revenue of $11.5M, expenses of $12.4M, and assets of $4.7M (revenue -15.1% year-over-year).
- 2016: Revenue of $13.6M, expenses of $13.3M, and assets of $6.8M (revenue -11.0% year-over-year).
- 2015: Revenue of $15.3M, expenses of $14.7M, and assets of $5.8M (revenue +15.4% year-over-year).
- 2014: Revenue of $13.2M, expenses of $14.4M, and assets of $6.0M (revenue -10.7% year-over-year).
- 2013: Revenue of $14.8M, expenses of $14.2M, and assets of $8.6M (revenue +3.4% year-over-year).
- 2012: Revenue of $14.3M, expenses of $13.8M, and assets of $8.7M (revenue +69.3% year-over-year).
- 2011: Revenue of $8.5M, expenses of $9.4M, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Achieve Inc:
Data Sources and Methodology
This transparency report for Achieve 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.