Advanced Care Ii Inc
EIN: 382737400 · Romulus, MI · NTEE: E60
| Metric | Value |
|---|---|
| Total Revenue | $319K |
| Total Expenses | $303K |
| Net Assets | $-206,761 |
Is Advanced Care Ii Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Advanced Care Ii Inc
Advanced Care Ii Inc (EIN: 382737400) is a nonprofit organization based in Romulus, MI, classified under NTEE code E60. The organization reported total revenue of $319K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advanced Care Ii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Advanced Care Ii Inc is a small nonprofit that has been operating for 3 years, with 5 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $309K |
| Total Expenses | $303K |
| Surplus / Deficit | +$7K |
| Total Assets | $1K |
| Total Liabilities | $208K |
| Net Assets | $-206,761 |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 19103.8% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Advanced Care Ii Inc reported a surplus of $7K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 19103.8% (high leverage).
Financial Trends
Over 5 years of filings (2011–2023), Advanced Care Ii Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.1% | -11.4% | — |
| 2022 | +9.0% | +29.3% | -100.0% |
| 2017 | +6.0% | +15.3% | +119900.0% |
| 2016 | +5.1% | -4.4% | -99.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Advanced Care Ii 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 Advanced Care Ii 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 surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19103.8%.
Frequently Asked Questions about Advanced Care Ii Inc
Is Advanced Care Ii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Advanced Care Ii Inc (EIN: 382737400) insufficient data. 0 red flags identified, 0 strengths noted.
How does Advanced Care Ii Inc spend its money?
Detailed spending breakdown data is not yet available for Advanced Care Ii Inc. Check back for updated IRS 990 analysis.
Are donations to Advanced Care Ii Inc tax-deductible?
Advanced Care Ii Inc is registered as a tax-exempt nonprofit (EIN: 382737400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Advanced Care Ii Inc located?
Advanced Care Ii Inc is headquartered in Romulus, Michigan and files with the IRS under EIN 382737400. It is classified under NTEE code E60.
How many years of IRS 990 filings does Advanced Care Ii Inc have?
Advanced Care Ii 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 $319K in total revenue.
Filing History
IRS 990 filing history for Advanced Care Ii Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2023), Advanced Care Ii Inc's revenue has grown by 28.9%, moving from $240K to $309K. Total assets decreased by 23.7% over the same period, from $1K to $1K. Total functional expenses rose by 26.3%, from $240K to $303K. In its most recent filing year (2023), Advanced Care Ii Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $208K in liabilities against $1K in assets (debt-to-asset ratio: 19103.8%), resulting in net assets of $-206,761.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $309K | $303K | $1K | $208K | — | View 990 |
| 2022 | $292K | $342K | $0 | $241K | — | View 990 |
| 2017 | $267K | $264K | $1K | $0 | — | — |
| 2016 | $252K | $229K | $1 | $0 | — | — |
| 2011 | $240K | $240K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $309K, expenses of $303K, and assets of $1K (revenue +6.1% year-over-year).
- 2022: Revenue of $292K, expenses of $342K, and assets of $0 (revenue +9.0% year-over-year).
- 2017: Revenue of $267K, expenses of $264K, and assets of $1K (revenue +6.0% year-over-year).
- 2016: Revenue of $252K, expenses of $229K, and assets of $1 (revenue +5.1% year-over-year).
- 2011: Revenue of $240K, expenses of $240K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Advanced Care Ii Inc:
Data Sources and Methodology
This transparency report for Advanced Care Ii 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.