Afya Baltimore Incorporated
Afya Baltimore Incorporated shows consistent program spending and asset growth with no reported officer compensation.
EIN: 208527876 · Baltimore, MD · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.9M |
| Total Expenses | $9.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $8.6M |
| Transparency Score | 92/100 |
Is Afya Baltimore Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Afya Baltimore Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Afya Baltimore Incorporated
Afya Baltimore Incorporated (EIN: 208527876) is a nonprofit organization based in Baltimore, MD, classified under NTEE code B24. The organization reported total revenue of $7.9M and total assets of $15.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Afya Baltimore Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Afya Baltimore Incorporated is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.5M |
| Total Expenses | $9.3M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $16.7M |
| Total Liabilities | $8.2M |
| Net Assets | $8.6M |
| Operating Margin | 18.6% |
| Debt-to-Asset Ratio | 48.8% |
| Months of Reserves | 21.5 months |
Financial Health Grade: A
In 2023, Afya Baltimore Incorporated reported a surplus of $2.1M with revenue exceeding expenses, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 48.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Afya Baltimore Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.2% | +13.3% | +20.5% |
| 2022 | +57.7% | +64.1% | +1.7% |
| 2021 | -30.4% | -25.7% | +2.6% |
| 2020 | -59.4% | -62.0% | +5.2% |
| 2019 | +2.4% | +1.4% | +46.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Afya Baltimore Incorporated with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Afya Baltimore Incorporated allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.8%.
Executive Compensation Analysis
Afya Baltimore Incorporated consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with annual revenues often exceeding $10 million.
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 Afya Baltimore Incorporated's IRS 990 filings:
- Significant year-over-year revenue fluctuations could indicate reliance on variable funding sources or project-specific grants.
Strengths
The following positive indicators were identified for Afya Baltimore Incorporated:
- Consistent asset growth from $7.5M in 2014 to $16.7M in 2023, indicating financial stability and capacity.
- Zero reported officer compensation across all filings, demonstrating a strong commitment to mission-focused spending.
- High proportion of expenses dedicated to programs (estimated 90%), suggesting efficient use of funds.
- Healthy financial reserves, with assets consistently exceeding liabilities (e.g., $16.7M assets vs. $8.1M liabilities in 2023).
Frequently Asked Questions about Afya Baltimore Incorporated
Is Afya Baltimore Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Afya Baltimore Incorporated (EIN: 208527876) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Afya Baltimore Incorporated spend its money?
Afya Baltimore Incorporated directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Afya Baltimore Incorporated tax-deductible?
Afya Baltimore Incorporated is registered as a tax-exempt nonprofit (EIN: 208527876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Afya Baltimore Incorporated CEO make?
Afya Baltimore Incorporated's highest-compensated officer earns $10 annually. The organization reported $7.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Afya Baltimore Incorporated's spending goes to programs?
Afya Baltimore Incorporated directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Afya Baltimore Incorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Afya Baltimore Incorporated is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Afya Baltimore Incorporated located?
Afya Baltimore Incorporated is headquartered in Baltimore, Maryland and files with the IRS under EIN 208527876. It is classified under NTEE code B24.
How many years of IRS 990 filings does Afya Baltimore Incorporated have?
Afya Baltimore Incorporated 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 $7.9M in total revenue.
Is Afya Baltimore Incorporated a good charity?
Based on the available data, Afya Baltimore Incorporated appears to be a good charity. It demonstrates strong program spending, consistent asset growth, and exceptional transparency regarding executive compensation (reporting 0%).
How has Afya Baltimore Incorporated's revenue trended over time?
Afya Baltimore Incorporated's revenue has fluctuated, with peaks around $19 million in 2018-2019, a dip to $5.3 million in 2021, and a recent rebound to $11.4 million in 2023. Overall, it has maintained a strong revenue base.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, indicating that no salaries are paid to its officers, which is a highly transparent and mission-focused approach.
Filing History
IRS 990 filing history for Afya Baltimore Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Afya Baltimore Incorporated's revenue has grown by 85.2%, moving from $6.2M to $11.5M. Total assets increased by 167.4% over the same period, from $6.3M to $16.7M. Total functional expenses rose by 60.4%, from $5.8M to $9.3M. In its most recent filing year (2023), Afya Baltimore Incorporated reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $8.2M in liabilities against $16.7M in assets (debt-to-asset ratio: 48.8%), resulting in net assets of $8.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.5M | $9.3M | $16.7M | $8.2M | — | View 990 |
| 2022 | $8.5M | $8.2M | $13.9M | $7.4M | — | View 990 |
| 2021 | $5.4M | $5.0M | $13.6M | $7.5M | — | View 990 |
| 2020 | $7.7M | $6.8M | $13.3M | $7.5M | — | View 990 |
| 2019 | $19.0M | $17.8M | $12.6M | $7.8M | — | View 990 |
| 2018 | $18.6M | $17.6M | $8.6M | $5.0M | — | View 990 |
| 2017 | $17.8M | $17.3M | $8.1M | $5.4M | — | View 990 |
| 2016 | $10.3M | $10.2M | $7.6M | $5.5M | — | View 990 |
| 2015 | $9.1M | $8.9M | $7.9M | $6.0M | — | View 990 |
| 2014 | $8.4M | $7.9M | $7.6M | $5.9M | — | View 990 |
| 2013 | $7.6M | $7.2M | $6.3M | $5.1M | — | View 990 |
| 2012 | $7.2M | $7.0M | $5.8M | $5.0M | — | View 990 |
| 2011 | $6.2M | $5.8M | $6.3M | $5.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.5M, expenses of $9.3M, and assets of $16.7M (revenue +35.2% year-over-year).
- 2022: Revenue of $8.5M, expenses of $8.2M, and assets of $13.9M (revenue +57.7% year-over-year).
- 2021: Revenue of $5.4M, expenses of $5.0M, and assets of $13.6M (revenue -30.4% year-over-year).
- 2020: Revenue of $7.7M, expenses of $6.8M, and assets of $13.3M (revenue -59.4% year-over-year).
- 2019: Revenue of $19.0M, expenses of $17.8M, and assets of $12.6M (revenue +2.4% year-over-year).
- 2018: Revenue of $18.6M, expenses of $17.6M, and assets of $8.6M (revenue +4.2% year-over-year).
- 2017: Revenue of $17.8M, expenses of $17.3M, and assets of $8.1M (revenue +73.1% year-over-year).
- 2016: Revenue of $10.3M, expenses of $10.2M, and assets of $7.6M (revenue +13.2% year-over-year).
- 2015: Revenue of $9.1M, expenses of $8.9M, and assets of $7.9M (revenue +8.8% year-over-year).
- 2014: Revenue of $8.4M, expenses of $7.9M, and assets of $7.6M (revenue +10.0% year-over-year).
- 2013: Revenue of $7.6M, expenses of $7.2M, and assets of $6.3M (revenue +5.5% year-over-year).
- 2012: Revenue of $7.2M, expenses of $7.0M, and assets of $5.8M (revenue +16.4% year-over-year).
- 2011: Revenue of $6.2M, expenses of $5.8M, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Afya Baltimore Incorporated:
Data Sources and Methodology
This transparency report for Afya Baltimore Incorporated 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.