Agape Foundation
EIN: 631106301 · Birmingham, AL · NTEE: L99Z
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $180K |
| Net Assets | $-588,362 |
Is Agape Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Agape Foundation
Agape Foundation (EIN: 631106301) is a nonprofit organization based in Birmingham, AL, classified under NTEE code L99Z. The organization reported total revenue of $169K and total assets of $327K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Agape Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Agape Foundation is a small nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $173K |
| Total Expenses | $180K |
| Surplus / Deficit | $-6,897 |
| Total Assets | $355K |
| Total Liabilities | $943K |
| Net Assets | $-588,362 |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 265.7% |
| Months of Reserves | 23.6 months |
Financial Health Grade: C
In 2023, Agape Foundation reported a deficit of $7K with expenses exceeding revenue, holds 23.6 months of operating reserves (strong position), has a debt-to-asset ratio of 265.7% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Agape Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | -5.8% | -1.8% |
| 2022 | -0.4% | -5.2% | -6.4% |
| 2021 | +17.0% | +20.3% | -8.1% |
| 2020 | +2.4% | +2.8% | -5.6% |
| 2019 | +8.5% | +5.6% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Agape Foundation 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 Agape Foundation 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 265.7%.
Frequently Asked Questions about Agape Foundation
Is Agape Foundation a legitimate charity?
Agape Foundation (EIN: 631106301) is a registered tax-exempt nonprofit based in Alabama. It has 12 years of IRS 990 filings on record. Total revenue: $169K. No red flags identified. Financial health grade: C.
How does Agape Foundation spend its money?
Agape Foundation reported $169K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Agape Foundation tax-deductible?
Agape Foundation is registered as a tax-exempt nonprofit (EIN: 631106301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Agape Foundation located?
Agape Foundation is headquartered in Birmingham, Alabama and files with the IRS under EIN 631106301. It is classified under NTEE code L99Z.
How many years of IRS 990 filings does Agape Foundation have?
Agape Foundation 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 $169K in total revenue.
Filing History
IRS 990 filing history for Agape Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Agape Foundation's revenue has grown by 65.3%, moving from $105K to $173K. Total assets decreased by 43.1% over the same period, from $624K to $355K. Total functional expenses rose by 36.5%, from $132K to $180K. In its most recent filing year (2023), Agape Foundation reported a deficit of $7K, with expenses exceeding revenue. The organization holds $943K in liabilities against $355K in assets (debt-to-asset ratio: 265.7%), resulting in net assets of $-588,362.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $173K | $180K | $355K | $943K | — | View 990 |
| 2022 | $167K | $191K | $362K | $943K | — | — |
| 2021 | $167K | $202K | $386K | $943K | — | — |
| 2020 | $143K | $168K | $421K | $943K | — | — |
| 2019 | $140K | $163K | $445K | $943K | — | View 990 |
| 2018 | $129K | $155K | $468K | $942K | — | View 990 |
| 2017 | $136K | $163K | $496K | $944K | — | View 990 |
| 2016 | $140K | $144K | $521K | $943K | — | View 990 |
| 2015 | $117K | $146K | $524K | $942K | — | View 990 |
| 2014 | $108K | $99K | $553K | $942K | — | View 990 |
| 2013 | $107K | $132K | $571K | $942K | — | View 990 |
| 2011 | $105K | $132K | $624K | $942K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $173K, expenses of $180K, and assets of $355K (revenue +3.9% year-over-year).
- 2022: Revenue of $167K, expenses of $191K, and assets of $362K (revenue -0.4% year-over-year).
- 2021: Revenue of $167K, expenses of $202K, and assets of $386K (revenue +17.0% year-over-year).
- 2020: Revenue of $143K, expenses of $168K, and assets of $421K (revenue +2.4% year-over-year).
- 2019: Revenue of $140K, expenses of $163K, and assets of $445K (revenue +8.5% year-over-year).
- 2018: Revenue of $129K, expenses of $155K, and assets of $468K (revenue -4.9% year-over-year).
- 2017: Revenue of $136K, expenses of $163K, and assets of $496K (revenue -3.3% year-over-year).
- 2016: Revenue of $140K, expenses of $144K, and assets of $521K (revenue +20.2% year-over-year).
- 2015: Revenue of $117K, expenses of $146K, and assets of $524K (revenue +7.7% year-over-year).
- 2014: Revenue of $108K, expenses of $99K, and assets of $553K (revenue +0.9% year-over-year).
- 2013: Revenue of $107K, expenses of $132K, and assets of $571K (revenue +2.4% year-over-year).
- 2011: Revenue of $105K, expenses of $132K, and assets of $624K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Agape Foundation:
Data Sources and Methodology
This transparency report for Agape Foundation 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.