Ahepa 250 Inc
Ahepa 250 Inc: Declining Assets and High Liabilities Raise Concerns
EIN: 222855925 · Niantic, CT · NTEE: L21Z · Updated: 2026-04-04
About Ahepa 250 Inc
Ahepa 250 Inc (EIN: 222855925) is a nonprofit organization based in Niantic, CT, classified under NTEE code L21Z. The organization reported total revenue of $715K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ahepa 250 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ahepa 250 Inc with a Mission Score of 65 out of 100 (Good). 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, Ahepa 250 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.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual for an organization of this size and could indicate compensation is embedded within other expense lines or that leadership is entirely volunteer-based.
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 Ahepa 250 Inc's IRS 990 filings:
- Total liabilities consistently exceed total assets, with liabilities at $2,415,062 and assets at $1,588,386 in 2023, indicating a precarious financial position.
- The organization's net assets have been negative and declining over the past several years, from -$972,763 in 2016 to -$826,676 in 2023.
- Despite consistent revenue, expenses frequently exceed revenue, leading to a net loss in multiple years (e.g., $666,011 expenses vs. $687,397 revenue in 2023, but $682,555 expenses vs. $664,120 revenue in 2022).
- The consistent reporting of 0% compensation for all years is a red flag, as it may obscure actual compensation practices or indicate a lack of paid leadership.
Strengths
The following positive indicators were identified for Ahepa 250 Inc:
- The organization has maintained a consistent level of revenue over the past eight years, generally staying above $600,000 annually.
- Despite financial challenges, the organization has continued to operate for an extended period, suggesting resilience or a stable funding base not fully reflected in the provided data.
Frequently Asked Questions about Ahepa 250 Inc
What does Ahepa 250 Inc do?
Ahepa 250 Inc is a nonprofit organization in the Housing & Shelter sector, located in Niantic, Connecticut. It is classified under NTEE code L21Z.
How much revenue does Ahepa 250 Inc have?
Ahepa 250 Inc reported total revenue of $714,733. Based on 13 IRS 990 filings on record.
What are Ahepa 250 Inc's total assets?
Ahepa 250 Inc holds total assets of $1,518,006 as reported in IRS 990 filings.
Where is Ahepa 250 Inc located?
Ahepa 250 Inc is based in Niantic, Connecticut.
What is Ahepa 250 Inc's EIN?
Ahepa 250 Inc's Employer Identification Number (EIN) is 222855925. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ahepa 250 Inc?
Ahepa 250 Inc is classified under NTEE code L21Z (Housing & Shelter).
Is Ahepa 250 Inc a registered 501(c)(3)?
Yes, Ahepa 250 Inc is recognized as a tax-exempt organization by the IRS. EIN: 222855925.
Does Ahepa 250 Inc file IRS Form 990?
Yes, Ahepa 250 Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Ahepa 250 Inc's revenue in 2023?
In the 202306 filing period, Ahepa 250 Inc reported total revenue of $687,397, total expenses of $666,011, and net assets of $1,588,386.
Is Ahepa 250 Inc's revenue growing or declining?
Ahepa 250 Inc's revenue is relatively stable. Revenue went from $664,120 (202206) to $687,397 (202306), a +3.5% change. Based on 13 filings on record.
What is Ahepa 250 Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Ahepa 250 Inc covers tax period 202306. It shows revenue of $687,397, expenses of $666,011, total assets of $1,588,386, and liabilities of $2,415,062.
How much does Ahepa 250 Inc spend on programs vs administration?
Based on IRS 990 analysis, Ahepa 250 Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Ahepa 250 Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Ahepa 250 Inc shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for Ahepa 250 Inc?
The following concerns were identified: Total liabilities consistently exceed total assets, with liabilities at $2,415,062 and assets at $1,588,386 in 2023, indicating a precarious financial position.. The organization's net assets have been negative and declining over the past several years, from -$972,763 in 2016 to -$826,676 in 2023.. Despite consistent revenue, expenses frequently exceed revenue, leading to a net loss in multiple years (e.g., $666,011 expenses vs. $687,397 revenue in 2023, but $682,555 expenses vs. $664,120 revenue in 2022).. The consistent reporting of 0% compensation for all years is a red flag, as it may obscure actual compensation practices or indicate a lack of paid leadership.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ahepa 250 Inc's strengths?
Positive indicators for Ahepa 250 Inc include: The organization has maintained a consistent level of revenue over the past eight years, generally staying above $600,000 annually.. Despite financial challenges, the organization has continued to operate for an extended period, suggesting resilience or a stable funding base not fully reflected in the provided data.. These findings are derived from AI analysis of the organization's financial filings.
How does Ahepa 250 Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual for an organization of this size and could indicate compensation is embedded within other expense lines or that leadership is entirely volunteer-based. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% compensation, how does Ahepa 250 Inc manage its operational leadership and administrative functions, and where are these costs, if any, accounted for in their financial statements?
The consistent 0% compensation suggests either a fully volunteer-run organization at the executive level or that compensation is categorized under other expense lines, such as 'other expenses' or 'program services,' which would obscure true administrative costs.
What is the long-term strategy for addressing the persistent negative net assets and the significant gap between liabilities and assets, which has been a consistent trend over the past eight years?
The continuous decline in assets and high liabilities indicate a need for a robust financial restructuring plan. Without further details, it's unclear how the organization plans to improve its solvency and financial health.
Filing History
IRS 990 filing history for Ahepa 250 Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ahepa 250 Inc's revenue has grown by 21.7%, moving from $565K to $687K. Total assets decreased by 32.9% over the same period, from $2.4M to $1.6M. Total functional expenses rose by 8.7%, from $613K to $666K. In its most recent filing year (2023), Ahepa 250 Inc reported a surplus of $21K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $1.6M in assets (debt-to-asset ratio: 152.0%), resulting in net assets of $-826,676.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $687K | $666K | $1.6M | $2.4M | — | View 990 |
| 2022 | $664K | $683K | $1.6M | $2.5M | — | View 990 |
| 2021 | $724K | $610K | $1.7M | $2.6M | — | View 990 |
| 2020 | $647K | $620K | $1.7M | $2.7M | — | View 990 |
| 2019 | $628K | $626K | $1.8M | $2.8M | — | View 990 |
| 2018 | $612K | $582K | $1.9M | $2.9M | — | View 990 |
| 2017 | $614K | $645K | $2.0M | $3.0M | — | View 990 |
| 2016 | $595K | $663K | $2.0M | $3.0M | — | View 990 |
| 2015 | $592K | $651K | $2.1M | $3.0M | — | View 990 |
| 2014 | $587K | $644K | $2.2M | $3.0M | — | View 990 |
| 2013 | $583K | $644K | $2.2M | $3.0M | — | View 990 |
| 2012 | $572K | $617K | $2.3M | $3.0M | — | View 990 |
| 2011 | $565K | $613K | $2.4M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $687K, expenses of $666K, and assets of $1.6M (revenue +3.5% year-over-year).
- 2022: Revenue of $664K, expenses of $683K, and assets of $1.6M (revenue -8.3% year-over-year).
- 2021: Revenue of $724K, expenses of $610K, and assets of $1.7M (revenue +11.9% year-over-year).
- 2020: Revenue of $647K, expenses of $620K, and assets of $1.7M (revenue +3.0% year-over-year).
- 2019: Revenue of $628K, expenses of $626K, and assets of $1.8M (revenue +2.6% year-over-year).
- 2018: Revenue of $612K, expenses of $582K, and assets of $1.9M (revenue -0.3% year-over-year).
- 2017: Revenue of $614K, expenses of $645K, and assets of $2.0M (revenue +3.3% year-over-year).
- 2016: Revenue of $595K, expenses of $663K, and assets of $2.0M (revenue +0.4% year-over-year).
- 2015: Revenue of $592K, expenses of $651K, and assets of $2.1M (revenue +0.9% year-over-year).
- 2014: Revenue of $587K, expenses of $644K, and assets of $2.2M (revenue +0.7% year-over-year).
- 2013: Revenue of $583K, expenses of $644K, and assets of $2.2M (revenue +1.8% year-over-year).
- 2012: Revenue of $572K, expenses of $617K, and assets of $2.3M (revenue +1.4% year-over-year).
- 2011: Revenue of $565K, expenses of $613K, and assets of $2.4M.
Data Sources and Methodology
This transparency report for Ahepa 250 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.