Affinity Health Plan Inc
Affinity Health Plan Inc's revenue has collapsed from over $1 billion to single-digit millions, operating at a significant deficit in recent years.
EIN: 133330672 · Bronx, NY · NTEE: E310 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $68.5M |
| Total Expenses | $20.7M |
| Program Spending | 75% |
| Net Assets | $90.3M |
| Transparency Score | 40/100 |
Is Affinity Health Plan Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Affinity Health Plan Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Affinity Health Plan Inc
Affinity Health Plan Inc (EIN: 133330672) is a nonprofit organization based in Bronx, NY, classified under NTEE code E310. The organization reported total revenue of $68.5M and total assets of $60.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Affinity Health Plan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Affinity Health Plan Inc is a major nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -34.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $20.7M |
| Surplus / Deficit | $-14,235,901 |
| Total Assets | $90.7M |
| Total Liabilities | $311K |
| Net Assets | $90.3M |
| Operating Margin | -218.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 52.4 months |
Financial Health Grade: B
In 2023, Affinity Health Plan Inc reported a deficit of $14.2M with expenses exceeding revenue, holds 52.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Affinity Health Plan Inc's revenue has declined at a compound annual growth rate (CAGR) of -34.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +246.3% | +207.6% | -13.0% |
| 2022 | -99.9% | -99.5% | +0.8% |
| 2021 | -4.8% | -1.1% | -81.4% |
| 2020 | +4.5% | +0.5% | +52.8% |
| 2019 | -14.5% | -15.5% | -16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Affinity Health Plan Inc with a Mission Score of 40 out of 100 (Fair). 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, Affinity Health Plan Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is unusual for an organization that previously managed over a billion dollars in revenue and assets. This could indicate that compensation is not reported in the 'Officer Comp' field or that the organization relies entirely on unpaid leadership, which would be highly atypical for its former scale.
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 Affinity Health Plan Inc's IRS 990 filings:
- Dramatic and unexplained decline in revenue and operational scale post-2021.
- Significant operating deficits in recent years (e.g., $20.7M expenses vs $6.5M revenue in 2023).
- Unusually consistent 0% officer compensation reported across all filings, even during large-scale operations.
- Assets declining from $556 million in 2020 to $90.6 million in 2023, indicating asset depletion.
Strengths
The following positive indicators were identified for Affinity Health Plan Inc:
- Historically managed very large-scale operations, indicating past capacity for significant program delivery.
- Significant asset base ($90.6 million in 2023) despite recent declines, providing some financial cushion.
Frequently Asked Questions about Affinity Health Plan Inc
Is Affinity Health Plan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Affinity Health Plan Inc (EIN: 133330672) significant concerns. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
How does Affinity Health Plan Inc spend its money?
Affinity Health Plan Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Affinity Health Plan Inc tax-deductible?
Affinity Health Plan Inc is registered as a tax-exempt nonprofit (EIN: 133330672). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Affinity Health Plan Inc's spending goes to programs?
Affinity Health Plan Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Affinity Health Plan Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Affinity Health Plan Inc is near average for NTEE category E310 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Affinity Health Plan Inc located?
Affinity Health Plan Inc is headquartered in Bronx, New York and files with the IRS under EIN 133330672. It is classified under NTEE code E310.
How many years of IRS 990 filings does Affinity Health Plan Inc have?
Affinity Health Plan Inc has 13 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 $68.5M in total revenue.
What caused the drastic decline in Affinity Health Plan Inc's revenue and operations after 2021?
The provided data shows a precipitous drop in revenue from $1.3 billion in 2021 to $1.8 million in 2022, and $6.5 million in 2023. This suggests a major operational change, such as the cessation of primary activities, loss of contracts, or a significant restructuring.
How is Affinity Health Plan Inc funding its expenses when revenue is significantly lower?
In 2023, expenses were $20.7 million against $6.5 million in revenue, and in 2022, expenses were $6.7 million against $1.8 million in revenue. This indicates the organization is operating at a substantial deficit, likely drawing down on its assets or reserves to cover costs.
Why is officer compensation consistently reported as 0%?
The consistent 0% officer compensation across all filings, even during periods of multi-billion dollar operations, is highly unusual and warrants further investigation to understand how executive leadership is compensated or if this field is not fully representative of all compensation.
What is the current operational status of Affinity Health Plan Inc given its reduced scale?
The dramatic reduction in revenue and expenses suggests that the organization is either winding down its operations, has significantly scaled back its programs, or has transitioned to a different operational model.
Filing History
IRS 990 filing history for Affinity Health Plan Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Affinity Health Plan Inc's revenue has declined by 99.3%, moving from $963.3M to $6.5M. Total assets decreased by 66.1% over the same period, from $267.6M to $90.7M. Total functional expenses fell by 97.8%, from $962.2M to $20.7M. In its most recent filing year (2023), Affinity Health Plan Inc reported a deficit of $14.2M, with expenses exceeding revenue. The organization holds $311K in liabilities against $90.7M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $90.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $20.7M | $90.7M | $311K | — | — |
| 2022 | $1.9M | $6.7M | $104.2M | $438K | — | View 990 |
| 2021 | $1.3B | $1.3B | $103.4M | $1.4M | — | View 990 |
| 2020 | $1.4B | $1.3B | $556.5M | $518.5M | — | View 990 |
| 2019 | $1.3B | $1.3B | $364.3M | $406.1M | — | View 990 |
| 2018 | $1.5B | $1.5B | $434.4M | $504.2M | — | View 990 |
| 2017 | $1.6B | $1.7B | $368.6M | $444.7M | — | View 990 |
| 2016 | $1.5B | $1.5B | $419.3M | $368.8M | — | View 990 |
| 2015 | $1.4B | $1.3B | $376.1M | $237.7M | — | View 990 |
| 2014 | $1.3B | $1.3B | $348.9M | $221.5M | — | View 990 |
| 2013 | $1.2B | $1.2B | $279.8M | $162.2M | — | View 990 |
| 2012 | $1.2B | $1.2B | $278.0M | $147.2M | — | View 990 |
| 2011 | $963.3M | $962.2M | $267.6M | $127.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $20.7M, and assets of $90.7M (revenue +246.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $6.7M, and assets of $104.2M (revenue -99.9% year-over-year).
- 2021: Revenue of $1.3B, expenses of $1.3B, and assets of $103.4M (revenue -4.8% year-over-year).
- 2020: Revenue of $1.4B, expenses of $1.3B, and assets of $556.5M (revenue +4.5% year-over-year).
- 2019: Revenue of $1.3B, expenses of $1.3B, and assets of $364.3M (revenue -14.5% year-over-year).
- 2018: Revenue of $1.5B, expenses of $1.5B, and assets of $434.4M (revenue -1.5% year-over-year).
- 2017: Revenue of $1.6B, expenses of $1.7B, and assets of $368.6M (revenue +7.5% year-over-year).
- 2016: Revenue of $1.5B, expenses of $1.5B, and assets of $419.3M (revenue +7.9% year-over-year).
- 2015: Revenue of $1.4B, expenses of $1.3B, and assets of $376.1M (revenue +2.9% year-over-year).
- 2014: Revenue of $1.3B, expenses of $1.3B, and assets of $348.9M (revenue +10.8% year-over-year).
- 2013: Revenue of $1.2B, expenses of $1.2B, and assets of $279.8M (revenue +3.0% year-over-year).
- 2012: Revenue of $1.2B, expenses of $1.2B, and assets of $278.0M (revenue +19.5% year-over-year).
- 2011: Revenue of $963.3M, expenses of $962.2M, and assets of $267.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Affinity Health Plan Inc:
Data Sources and Methodology
This transparency report for Affinity Health Plan 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.