Advanced Outsource Solutions Inc
EIN: 611747324 · Alton, IL · NTEE: J33
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.6M |
| Net Assets | $-191,817 |
Is Advanced Outsource 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 Advanced Outsource Solutions Inc
Advanced Outsource Solutions Inc (EIN: 611747324) is a nonprofit organization based in Alton, IL, classified under NTEE code J33. The organization reported total revenue of $2.7M and total assets of $718K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advanced Outsource Solutions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Advanced Outsource Solutions Inc is a mid-size nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-28,790 |
| Total Assets | $552K |
| Total Liabilities | $744K |
| Net Assets | $-191,817 |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 134.8% |
| Months of Reserves | 2.5 months |
Financial Health Grade: D
In 2023, Advanced Outsource Solutions Inc reported a deficit of $29K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 134.8% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.9% | -9.9% | +31.0% |
| 2022 | -74.7% | -26.2% | -66.0% |
| 2021 | +188.5% | +14.5% | -23.5% |
| 2020 | +47.6% | +25.0% | +39.8% |
| 2019 | +31.2% | +15.1% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Advanced Outsource 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 Advanced Outsource 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 $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 134.8%.
Frequently Asked Questions about Advanced Outsource Solutions Inc
Is Advanced Outsource Solutions Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Advanced Outsource Solutions Inc (EIN: 611747324) insufficient data. 0 red flags identified, 0 strengths noted.
How does Advanced Outsource Solutions Inc spend its money?
Detailed spending breakdown data is not yet available for Advanced Outsource Solutions Inc. Check back for updated IRS 990 analysis.
Are donations to Advanced Outsource Solutions Inc tax-deductible?
Advanced Outsource Solutions Inc is registered as a tax-exempt nonprofit (EIN: 611747324). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Advanced Outsource Solutions Inc located?
Advanced Outsource Solutions Inc is headquartered in Alton, Illinois and files with the IRS under EIN 611747324. It is classified under NTEE code J33.
How many years of IRS 990 filings does Advanced Outsource Solutions Inc have?
Advanced Outsource Solutions 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 $2.7M in total revenue.
Filing History
IRS 990 filing history for Advanced Outsource Solutions Inc showing financial trends over 10 years of public records:
Total assets increased by 55192000% over the same period, from $1 to $552K. In its most recent filing year (2023), Advanced Outsource Solutions Inc reported a deficit of $29K, with expenses exceeding revenue. The organization holds $744K in liabilities against $552K in assets (debt-to-asset ratio: 134.8%), resulting in net assets of $-191,817.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $552K | $744K | — | — |
| 2022 | $2.2M | $2.9M | $421K | $584K | — | View 990 |
| 2021 | $8.5M | $3.9M | $1.2M | $659K | — | View 990 |
| 2020 | $3.0M | $3.4M | $1.6M | $5.6M | — | View 990 |
| 2019 | $2.0M | $2.7M | $1.2M | $4.7M | — | View 990 |
| 2018 | $1.5M | $2.4M | $1.2M | $4.8M | — | View 990 |
| 2017 | $1.2M | $1.9M | $1.4M | $4.1M | — | View 990 |
| 2016 | $1.2M | $2.1M | $1.7M | $3.7M | — | View 990 |
| 2015 | $325K | $1.5M | $1.3M | $2.4M | — | View 990 |
| 2014 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $552K (revenue +19.9% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.9M, and assets of $421K (revenue -74.7% year-over-year).
- 2021: Revenue of $8.5M, expenses of $3.9M, and assets of $1.2M (revenue +188.5% year-over-year).
- 2020: Revenue of $3.0M, expenses of $3.4M, and assets of $1.6M (revenue +47.6% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.7M, and assets of $1.2M (revenue +31.2% year-over-year).
- 2018: Revenue of $1.5M, expenses of $2.4M, and assets of $1.2M (revenue +28.3% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.9M, and assets of $1.4M (revenue +0.5% year-over-year).
- 2016: Revenue of $1.2M, expenses of $2.1M, and assets of $1.7M (revenue +264.3% year-over-year).
- 2015: Revenue of $325K, expenses of $1.5M, and assets of $1.3M.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Advanced Outsource Solutions Inc:
Data Sources and Methodology
This transparency report for Advanced Outsource 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.