Advocates Recovery Services
EIN: 472822681 · Lynnwood, WA · NTEE: L01
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.3M |
| Net Assets | $99K |
Is Advocates Recovery Services Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Advocates Recovery Services
Advocates Recovery Services (EIN: 472822681) is a nonprofit organization based in Lynnwood, WA, classified under NTEE code L01. The organization reported total revenue of $2.4M and total assets of $124K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advocates Recovery Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Advocates Recovery Services is a mid-size nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of 182.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$52K |
| Total Assets | $124K |
| Total Liabilities | $25K |
| Net Assets | $99K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 20.0% |
| Months of Reserves | 0.6 months |
Financial Health Grade: A
In 2022, Advocates Recovery Services reported a surplus of $52K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 20.0% (moderate leverage).
Financial Trends
Over 3 years of filings (2020–2022), Advocates Recovery Services's revenue has grown at a compound annual growth rate (CAGR) of 182.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +123.0% | +119.4% | +98.8% |
| 2021 | +257.1% | +266.1% | -42.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Advocates Recovery Services 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 Advocates Recovery Services 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $52K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.0%.
Frequently Asked Questions about Advocates Recovery Services
Is Advocates Recovery Services a legitimate charity?
Advocates Recovery Services (EIN: 472822681) is a registered tax-exempt nonprofit based in Washington. It has 3 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. Financial health grade: A.
How does Advocates Recovery Services spend its money?
Advocates Recovery Services reported $2.4M in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Advocates Recovery Services tax-deductible?
Advocates Recovery Services is registered as a tax-exempt nonprofit (EIN: 472822681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Advocates Recovery Services located?
Advocates Recovery Services is headquartered in Lynnwood, Washington and files with the IRS under EIN 472822681. It is classified under NTEE code L01.
How many years of IRS 990 filings does Advocates Recovery Services have?
Advocates Recovery Services has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.4M in total revenue.
Filing History
IRS 990 filing history for Advocates Recovery Services showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Advocates Recovery Services's revenue has grown by 696.5%, moving from $300K to $2.4M. Total assets increased by 14.5% over the same period, from $108K to $124K. Total functional expenses rose by 703.1%, from $291K to $2.3M. In its most recent filing year (2022), Advocates Recovery Services reported a surplus of $52K, with revenue exceeding expenses. The organization holds $25K in liabilities against $124K in assets (debt-to-asset ratio: 20.0%), resulting in net assets of $99K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.4M | $2.3M | $124K | $25K | — | View 990 |
| 2021 | $1.1M | $1.1M | $62K | $16K | — | View 990 |
| 2020 | $300K | $291K | $108K | $55K | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $2.4M, expenses of $2.3M, and assets of $124K (revenue +123.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $62K (revenue +257.1% year-over-year).
- 2020: Revenue of $300K, expenses of $291K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Advocates Recovery Services:
Data Sources and Methodology
This transparency report for Advocates Recovery Services 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.