Advocate Company
Advocate Company reports negative revenue in 2022 following a $48.7 million peak in 2021, while assets exceed $77 million.
EIN: 208492484 · Polson, MT · NTEE: S46 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.3M |
| Total Expenses | $20K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $77 |
| Net Assets | $71.9M |
| Transparency Score | 60/100 |
Is Advocate Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Advocate Company directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Advocate Company
Advocate Company (EIN: 208492484) is a nonprofit organization based in Polson, MT, classified under NTEE code S46. The organization reported total revenue of $7.3M and total assets of $77.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advocate Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Advocate Company is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -99.1% | +0.4% |
| 2021 | +457.2% | +0.0% | +183.8% |
| 2020 | -16.0% | +15.0% | +34.3% |
| 2019 | +23.8% | -28.6% | +80.8% |
| 2018 | +200.0% | — | +116.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Advocate Company with a Mission Score of 60 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: 75%
- fundraising: 10%
According to IRS 990 filings, Advocate Company allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with assets exceeding $77 million and significant revenue fluctuations, suggesting either a fully volunteer leadership or compensation is reported under different categories.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Advocate Company's IRS 990 filings:
- Negative revenue reported in 202212 ($-14,849), which is highly unusual and requires clarification.
- Extreme volatility in annual revenue, from $48.7 million in 2021 to negative in 2022.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering efficiency assessment.
- Consistent reporting of 0% officer compensation for an organization with substantial assets and revenue, which may obscure actual leadership costs.
Strengths
The following positive indicators were identified for Advocate Company:
- Substantial asset base of $77,856,478, indicating significant financial capacity.
- Consistent reporting of $0 liabilities across all filings, suggesting a debt-free or very low-debt financial position.
- Long filing history (12 filings), indicating consistent compliance with IRS reporting requirements.
- Significant growth in assets over the past decade, from $1 in 2013 to over $77 million.
Frequently Asked Questions about Advocate Company
Is Advocate Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Advocate Company (EIN: 208492484) some concerns. Mission Score: 60/100. 4 red flags identified, 4 strengths noted.
How does Advocate Company spend its money?
Advocate Company directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Advocate Company tax-deductible?
Advocate Company is registered as a tax-exempt nonprofit (EIN: 208492484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Advocate Company CEO make?
Advocate Company's highest-compensated officer earns $77 annually. The organization reported $7.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Advocate Company's spending goes to programs?
Advocate Company directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Advocate Company compare to similar nonprofits?
With a transparency score of 60/100 (Good), Advocate Company is above average for NTEE category S46 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Advocate Company located?
Advocate Company is headquartered in Polson, Montana and files with the IRS under EIN 208492484. It is classified under NTEE code S46.
How many years of IRS 990 filings does Advocate Company have?
Advocate Company has 12 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 $7.3M in total revenue.
Why did Advocate Company report negative revenue of $-14,849 in 2022?
The provided data shows a $-14,849 revenue for the 202212 period, which is highly unusual and requires further investigation into the specific IRS Form 990 filing to understand the nature of this negative figure, such as returns, allowances, or accounting adjustments.
How does Advocate Company manage its significant asset growth from $1 to over $77 million?
Advocate Company's assets grew from $1 in 2013 to $77,856,478 in the latest period. Given its NTEE code (S46 - Philanthropy, Voluntarism, and Grantmaking Foundations), this growth likely stems from significant contributions, investment returns, or transfers from other entities, consistent with a foundation's role in accumulating and managing endowments.
What is the breakdown of Advocate Company's expenses, particularly program spending?
The provided summary data does not offer a detailed breakdown of program, administrative, or fundraising expenses. While total expenses are reported (e.g., $20,070 in 2022), without further detail from the full 990 form, it's impossible to determine the exact allocation of spending.
Is the consistent reporting of 0% officer compensation accurate, and what does it imply?
The consistent reporting of 0% officer compensation across all filings is notable. It could imply that the organization is entirely volunteer-led at the executive level, or that compensation for key personnel is categorized differently (e.g., as contractor fees) and not reported under 'officer compensation' on the 990 summary.
Filing History
IRS 990 filing history for Advocate Company showing financial trends over 12 years of public records:
Total assets increased by 7193245200% over the same period, from $1 to $71.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $-14,849 | $20K | $71.9M | $0 | — | — |
| 2021 | $48.7M | $2.3M | $71.6M | $0 | — | View 990 |
| 2020 | $8.7M | $2.3M | $25.2M | $0 | — | — |
| 2019 | $10.4M | $2.0M | $18.8M | $0 | — | View 990 |
| 2018 | $8.4M | $2.8M | $10.4M | $0 | — | View 990 |
| 2017 | $2.8M | $0 | $4.8M | $0 | — | View 990 |
| 2016 | $2.0M | $0 | $2.0M | $0 | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
| 2014 | $0 | $0 | $1 | $0 | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
| 2011 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $-14,849, expenses of $20K, and assets of $71.9M (revenue -100.0% year-over-year).
- 2021: Revenue of $48.7M, expenses of $2.3M, and assets of $71.6M (revenue +457.2% year-over-year).
- 2020: Revenue of $8.7M, expenses of $2.3M, and assets of $25.2M (revenue -16.0% year-over-year).
- 2019: Revenue of $10.4M, expenses of $2.0M, and assets of $18.8M (revenue +23.8% year-over-year).
- 2018: Revenue of $8.4M, expenses of $2.8M, and assets of $10.4M (revenue +200.0% year-over-year).
- 2017: Revenue of $2.8M, expenses of $0, and assets of $4.8M (revenue +40.0% year-over-year).
- 2016: Revenue of $2.0M, expenses of $0, and assets of $2.0M.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $0.
- 2011: 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 Advocate Company:
Data Sources and Methodology
This transparency report for Advocate Company 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.