Ahepa 284 Iii Inc
Ahepa 284 Iii Inc consistently spends more than it earns, drawing down assets over the past decade.
EIN: 141993928 · Columbia, SC · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $428K |
| Program Spending | 80% |
| Net Assets | $3.0M |
| Transparency Score | 70/100 |
Is Ahepa 284 Iii Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ahepa 284 Iii Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ahepa 284 Iii Inc
Ahepa 284 Iii Inc (EIN: 141993928) is a nonprofit organization based in Columbia, SC, classified under NTEE code L21. The organization reported total revenue of $311K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ahepa 284 Iii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ahepa 284 Iii Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $318K |
| Total Expenses | $428K |
| Surplus / Deficit | $-109,800 |
| Total Assets | $3.4M |
| Total Liabilities | $370K |
| Net Assets | $3.0M |
| Operating Margin | -34.5% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 95.0 months |
Financial Health Grade: B
In 2023, Ahepa 284 Iii Inc reported a deficit of $110K with expenses exceeding revenue, holds 95.0 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ahepa 284 Iii Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | -4.6% | -1.0% |
| 2022 | +4.3% | +8.3% | -3.5% |
| 2021 | -0.5% | +22.0% | -2.6% |
| 2020 | +6.9% | -2.9% | -0.7% |
| 2019 | -2.5% | -0.1% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Ahepa 284 Iii Inc with a Mission Score of 70 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: 80%
- fundraising: 5%
According to IRS 990 filings, Ahepa 284 Iii Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $110K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is highly favorable for minimizing administrative costs relative to its size.
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 284 Iii Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) for multiple years, e.g., $427,870 expenses vs $318,070 revenue in 2023.
- Significant decline in total assets over time, from $5,266,963 in 2015 to $3,387,864 in 2023.
Strengths
The following positive indicators were identified for Ahepa 284 Iii Inc:
- Zero reported officer compensation across all filings, indicating strong commitment to minimizing executive overhead.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Maintains substantial assets ($3.3 million in 2023) relative to annual revenue, providing a buffer despite deficits.
Frequently Asked Questions about Ahepa 284 Iii Inc
Is Ahepa 284 Iii Inc a legitimate charity?
Ahepa 284 Iii Inc (EIN: 141993928) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $311K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ahepa 284 Iii Inc spend its money?
Ahepa 284 Iii Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ahepa 284 Iii Inc tax-deductible?
Ahepa 284 Iii Inc is registered as a tax-exempt nonprofit (EIN: 141993928). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ahepa 284 Iii Inc's spending goes to programs?
Ahepa 284 Iii Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ahepa 284 Iii Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Ahepa 284 Iii Inc is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ahepa 284 Iii Inc located?
Ahepa 284 Iii Inc is headquartered in Columbia, South Carolina and files with the IRS under EIN 141993928. It is classified under NTEE code L21.
How many years of IRS 990 filings does Ahepa 284 Iii Inc have?
Ahepa 284 Iii 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 $311K in total revenue.
Is Ahepa 284 Iii Inc financially sustainable given its consistent operating deficits?
The organization has consistently spent more than its revenue for several years, leading to a decline in assets from $5.2 million in 2015 to $3.3 million in 2023. While it still holds substantial assets, this trend is not sustainable long-term without increased revenue or reduced expenses.
What is the primary cause of the consistent operating deficits?
Without a detailed breakdown of expenses beyond the summary data, it's difficult to pinpoint the exact cause. However, the consistent gap between revenue and expenses suggests either insufficient funding for its operations or high operational costs relative to its income.
How does the organization plan to address the decline in assets?
The provided data does not include strategic plans. Addressing the asset decline would typically involve increasing fundraising efforts, securing new revenue streams, or implementing cost-cutting measures.
Filing History
IRS 990 filing history for Ahepa 284 Iii Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ahepa 284 Iii Inc's revenue has grown by 21.4%, moving from $262K to $318K. Total assets decreased by 26.7% over the same period, from $4.6M to $3.4M. Total functional expenses rose by 24.7%, from $343K to $428K. In its most recent filing year (2023), Ahepa 284 Iii Inc reported a deficit of $110K, with expenses exceeding revenue. The organization holds $370K in liabilities against $3.4M in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $318K | $428K | $3.4M | $370K | — | View 990 |
| 2022 | $326K | $449K | $3.4M | $296K | — | View 990 |
| 2021 | $313K | $414K | $3.5M | $297K | — | View 990 |
| 2020 | $314K | $339K | $3.6M | $291K | — | View 990 |
| 2019 | $294K | $350K | $3.7M | $294K | — | View 990 |
| 2018 | $302K | $350K | $3.7M | $292K | — | View 990 |
| 2017 | $235K | $339K | $3.8M | $306K | — | View 990 |
| 2016 | $20K | $220K | $4.1M | $471K | — | View 990 |
| 2015 | $599K | $205K | $5.3M | $1.5M | — | View 990 |
| 2014 | $3K | $320K | $5.3M | $1.9M | — | View 990 |
| 2013 | $54K | $460K | $4.2M | $497K | — | View 990 |
| 2012 | $202K | $648K | $4.5M | $417K | — | View 990 |
| 2011 | $262K | $343K | $4.6M | $63K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $318K, expenses of $428K, and assets of $3.4M (revenue -2.4% year-over-year).
- 2022: Revenue of $326K, expenses of $449K, and assets of $3.4M (revenue +4.3% year-over-year).
- 2021: Revenue of $313K, expenses of $414K, and assets of $3.5M (revenue -0.5% year-over-year).
- 2020: Revenue of $314K, expenses of $339K, and assets of $3.6M (revenue +6.9% year-over-year).
- 2019: Revenue of $294K, expenses of $350K, and assets of $3.7M (revenue -2.5% year-over-year).
- 2018: Revenue of $302K, expenses of $350K, and assets of $3.7M (revenue +28.2% year-over-year).
- 2017: Revenue of $235K, expenses of $339K, and assets of $3.8M (revenue +1101.1% year-over-year).
- 2016: Revenue of $20K, expenses of $220K, and assets of $4.1M (revenue -96.7% year-over-year).
- 2015: Revenue of $599K, expenses of $205K, and assets of $5.3M (revenue +23452.2% year-over-year).
- 2014: Revenue of $3K, expenses of $320K, and assets of $5.3M (revenue -95.3% year-over-year).
- 2013: Revenue of $54K, expenses of $460K, and assets of $4.2M (revenue -73.4% year-over-year).
- 2012: Revenue of $202K, expenses of $648K, and assets of $4.5M (revenue -22.7% year-over-year).
- 2011: Revenue of $262K, expenses of $343K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ahepa 284 Iii Inc:
Data Sources and Methodology
This transparency report for Ahepa 284 Iii 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.