Adaa Insurance Trust
EIN: 636104223 · Montgomery, AL
| Metric | Value |
|---|---|
| Total Expenses | $31K |
| Net Assets | $26K |
Is Adaa Insurance Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Adaa Insurance Trust
Adaa Insurance Trust (EIN: 636104223) is a nonprofit organization based in Montgomery, AL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adaa Insurance Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adaa Insurance Trust is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 22.3%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $31K |
| Surplus / Deficit | $-16,626 |
| Total Assets | $26K |
| Net Assets | $26K |
| Operating Margin | -119.5% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2014, Adaa Insurance Trust reported a deficit of $17K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2014), Adaa Insurance Trust's revenue has grown at a compound annual growth rate (CAGR) of 22.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -50.5% | -31.1% | -39.4% |
| 2013 | +351.5% | +44.9% | -27.7% |
| 2012 | -18.2% | -0.9% | -29.4% |
AI Analysis Pending
AI enrichment for Adaa Insurance Trust 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 Adaa Insurance Trust 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
Frequently Asked Questions about Adaa Insurance Trust
Is Adaa Insurance Trust a legitimate charity?
Adaa Insurance Trust (EIN: 636104223) is a registered tax-exempt nonprofit based in Alabama. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Adaa Insurance Trust spend its money?
Adaa Insurance Trust reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Adaa Insurance Trust tax-deductible?
Adaa Insurance Trust is registered as a tax-exempt nonprofit (EIN: 636104223). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Adaa Insurance Trust located?
Adaa Insurance Trust is headquartered in Montgomery, Alabama and files with the IRS under EIN 636104223.
How many years of IRS 990 filings does Adaa Insurance Trust have?
Adaa Insurance Trust has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Adaa Insurance Trust showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Adaa Insurance Trust's revenue has grown by 83%, moving from $8K to $14K. Total assets decreased by 69.1% over the same period, from $83K to $26K. Total functional expenses fell by 1%, from $31K to $31K. In its most recent filing year (2014), Adaa Insurance Trust reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $14K | $31K | $26K | $0 | — | View 990 |
| 2013 | $28K | $44K | $42K | $0 | — | View 990 |
| 2012 | $6K | $31K | $58K | $0 | — | View 990 |
| 2011 | $8K | $31K | $83K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $14K, expenses of $31K, and assets of $26K (revenue -50.5% year-over-year).
- 2013: Revenue of $28K, expenses of $44K, and assets of $42K (revenue +351.5% year-over-year).
- 2012: Revenue of $6K, expenses of $31K, and assets of $58K (revenue -18.2% year-over-year).
- 2011: Revenue of $8K, expenses of $31K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adaa Insurance Trust:
Data Sources and Methodology
This transparency report for Adaa Insurance Trust 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.