Aha Development Corp
EIN: 61413848 · Beacon Falls, CT · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $138K |
| Total Expenses | $134K |
| Net Assets | $122K |
Is Aha Development Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aha Development Corp
Aha Development Corp (EIN: 61413848) is a nonprofit organization based in Beacon Falls, CT, classified under NTEE code L21. The organization reported total revenue of $138K and total assets of $196K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aha Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aha Development Corp is a small nonprofit that has been operating for 2 years, with 11 years of IRS 990 filings on record (2009–2022). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $134K |
| Surplus / Deficit | +$20K |
| Total Assets | $209K |
| Total Liabilities | $87K |
| Net Assets | $122K |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 41.7% |
| Months of Reserves | 18.8 months |
Financial Health Grade: A
In 2022, Aha Development Corp reported a surplus of $20K with revenue exceeding expenses, holds 18.8 months of operating reserves (strong position), has a debt-to-asset ratio of 41.7% (moderate leverage).
Financial Trends
Over 11 years of filings (2009–2022), Aha Development Corp's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +2.9% | -3.1% | +24.9% |
| 2018 | +2.4% | -4.1% | -3.8% |
| 2017 | +7.8% | -10.3% | -5.1% |
| 2016 | +9.1% | +6.2% | -5.2% |
| 2015 | -2.4% | +4.6% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aha Development Corp 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 Aha Development Corp 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.7%.
Frequently Asked Questions about Aha Development Corp
Is Aha Development Corp a legitimate charity?
Aha Development Corp (EIN: 61413848) is a registered tax-exempt nonprofit based in Connecticut. It has 11 years of IRS 990 filings on record. Total revenue: $138K. No red flags identified. Financial health grade: A.
How does Aha Development Corp spend its money?
Aha Development Corp reported $138K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aha Development Corp tax-deductible?
Aha Development Corp is registered as a tax-exempt nonprofit (EIN: 61413848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aha Development Corp located?
Aha Development Corp is headquartered in Beacon Falls, Connecticut and files with the IRS under EIN 61413848. It is classified under NTEE code L21.
How many years of IRS 990 filings does Aha Development Corp have?
Aha Development Corp has 11 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 $138K in total revenue.
Filing History
IRS 990 filing history for Aha Development Corp showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2009–2022), Aha Development Corp's revenue has declined by 17.1%, moving from $185K to $154K. Total assets decreased by 34.7% over the same period, from $320K to $209K. Total functional expenses fell by 6.1%, from $142K to $134K. In its most recent filing year (2022), Aha Development Corp reported a surplus of $20K, with revenue exceeding expenses. The organization holds $87K in liabilities against $209K in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $122K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $154K | $134K | $209K | $87K | — | — |
| 2018 | $149K | $138K | $167K | $100K | — | View 990 |
| 2017 | $146K | $144K | $174K | $117K | — | View 990 |
| 2016 | $135K | $160K | $183K | $129K | — | View 990 |
| 2015 | $124K | $151K | $193K | $142K | — | — |
| 2014 | $127K | $144K | $204K | $152K | — | — |
| 2013 | $135K | $166K | $223K | $161K | — | — |
| 2012 | $133K | $157K | $237K | $173K | — | View 990 |
| 2011 | $122K | $134K | $261K | $173K | — | View 990 |
| 2010 | $94K | $109K | $295K | $205K | — | View 990 |
| 2009 | $185K | $142K | $320K | $244K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $154K, expenses of $134K, and assets of $209K (revenue +2.9% year-over-year).
- 2018: Revenue of $149K, expenses of $138K, and assets of $167K (revenue +2.4% year-over-year).
- 2017: Revenue of $146K, expenses of $144K, and assets of $174K (revenue +7.8% year-over-year).
- 2016: Revenue of $135K, expenses of $160K, and assets of $183K (revenue +9.1% year-over-year).
- 2015: Revenue of $124K, expenses of $151K, and assets of $193K (revenue -2.4% year-over-year).
- 2014: Revenue of $127K, expenses of $144K, and assets of $204K (revenue -6.0% year-over-year).
- 2013: Revenue of $135K, expenses of $166K, and assets of $223K (revenue +1.6% year-over-year).
- 2012: Revenue of $133K, expenses of $157K, and assets of $237K (revenue +8.7% year-over-year).
- 2011: Revenue of $122K, expenses of $134K, and assets of $261K (revenue +29.7% year-over-year).
- 2010: Revenue of $94K, expenses of $109K, and assets of $295K (revenue -49.2% year-over-year).
- 2009: Revenue of $185K, expenses of $142K, and assets of $320K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aha Development Corp:
Data Sources and Methodology
This transparency report for Aha Development Corp 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.