Achievement Foundation Inc
Achievement Foundation Inc. shows fluctuating financial performance with zero officer compensation and substantial assets.
EIN: 136130107 · Watertown, CT · Updated: 2026-03-28
Is Achievement Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Achievement Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Achievement Foundation Inc
Achievement Foundation Inc (EIN: 136130107) is a nonprofit organization based in Watertown, CT. The organization reported total revenue of $262K and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Achievement Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Achievement Foundation Inc with a Mission Score of 70 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: 80%
- fundraising: 5%
According to IRS 990 filings, Achievement Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with assets exceeding $6 million.
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 Achievement Foundation Inc's IRS 990 filings:
- Significant operating deficit in 2023 ($157,363 revenue vs $399,067 expenses)
- Large increase in liabilities from $38,495 in 2022 to $275,957 in 2023
- Highly fluctuating revenue and expense figures year-over-year, indicating potential instability or inconsistent funding
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data
Strengths
The following positive indicators were identified for Achievement Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating low executive overhead
- Maintains a substantial asset base ($6,493,443 latest assets), providing financial cushion
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance
- Periods of strong financial performance, such as 2021 where revenue significantly exceeded expenses ($340,153 vs $84,750)
Frequently Asked Questions about Achievement Foundation Inc
Is Achievement Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Achievement Foundation Inc (EIN: 136130107) some concerns. Mission Score: 70/100. 4 red flags identified, 4 strengths noted.
How does Achievement Foundation Inc spend its money?
Achievement Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Achievement Foundation Inc tax-deductible?
Achievement Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136130107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did expenses significantly exceed revenue in 2023 ($399,067 vs $157,363)?
The provided data shows a substantial operating deficit in 2023, with expenses more than double the revenue. This could be due to one-time investments, a decline in donations, or increased program costs, but the specific reasons are not detailed in the summary.
What caused the large increase in liabilities from $38,495 in 2022 to $275,957 in 2023?
The significant jump in liabilities suggests new debt, deferred revenue, or other financial obligations were incurred in the most recent fiscal year. Without further detail, the exact nature of these liabilities is unclear.
How does Achievement Foundation Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation implies that leadership roles are either entirely volunteer-based, compensated through other means not reported as officer compensation, or the organization has a unique operational structure that minimizes executive salaries.
What are the primary program activities that the Achievement Foundation Inc. funds?
The provided IRS 990 data summary does not detail the specific program activities or their associated costs, making it difficult to assess the direct impact of the organization's spending on its mission.
Filing History
IRS 990 filing history for Achievement Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Achievement Foundation Inc's revenue has declined by 33.9%, moving from $238K to $157K. Total assets increased by 30.9% over the same period, from $4.3M to $5.7M. Total functional expenses rose by 3.6%, from $385K to $399K. In its most recent filing year (2023), Achievement Foundation Inc reported a deficit of $242K, with expenses exceeding revenue. The organization holds $276K in liabilities against $5.7M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $157K | $399K | $5.7M | $276K | — | View 990 |
| 2022 | $451K | $288K | $5.2M | $38K | — | View 990 |
| 2021 | $340K | $85K | $6.1M | $33K | — | View 990 |
| 2020 | $572K | $370K | $5.1M | $25K | — | View 990 |
| 2019 | $354K | $473K | $5.1M | $21K | — | View 990 |
| 2018 | $481K | $244K | $5.5M | $42K | — | View 990 |
| 2017 | $361K | $282K | $4.9M | $63K | — | View 990 |
| 2016 | $240K | $174K | $4.3M | $78K | — | View 990 |
| 2015 | $547K | $236K | $4.5M | $167K | — | View 990 |
| 2014 | $486K | $208K | $4.9M | $156K | — | View 990 |
| 2013 | $-19,986 | $257K | $4.2M | $178K | — | View 990 |
| 2012 | $237K | $208K | $3.8M | $169K | — | View 990 |
| 2011 | $238K | $385K | $4.3M | $149K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157K, expenses of $399K, and assets of $5.7M (revenue -65.1% year-over-year).
- 2022: Revenue of $451K, expenses of $288K, and assets of $5.2M (revenue +32.5% year-over-year).
- 2021: Revenue of $340K, expenses of $85K, and assets of $6.1M (revenue -40.6% year-over-year).
- 2020: Revenue of $572K, expenses of $370K, and assets of $5.1M (revenue +61.6% year-over-year).
- 2019: Revenue of $354K, expenses of $473K, and assets of $5.1M (revenue -26.4% year-over-year).
- 2018: Revenue of $481K, expenses of $244K, and assets of $5.5M (revenue +33.1% year-over-year).
- 2017: Revenue of $361K, expenses of $282K, and assets of $4.9M (revenue +50.8% year-over-year).
- 2016: Revenue of $240K, expenses of $174K, and assets of $4.3M (revenue -56.2% year-over-year).
- 2015: Revenue of $547K, expenses of $236K, and assets of $4.5M (revenue +12.6% year-over-year).
- 2014: Revenue of $486K, expenses of $208K, and assets of $4.9M.
- 2013: Revenue of $-19,986, expenses of $257K, and assets of $4.2M (revenue -108.4% year-over-year).
- 2012: Revenue of $237K, expenses of $208K, and assets of $3.8M (revenue -0.4% year-over-year).
- 2011: Revenue of $238K, expenses of $385K, and assets of $4.3M.
Data Sources and Methodology
This transparency report for Achievement Foundation 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.