Ahepa 35 Inc
Ahepa 35 Inc consistently operates at a deficit, relying on declining assets to cover expenses.
EIN: 204271422 · Nashua, NH · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $555K |
| Total Expenses | $589K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $3.6M |
| Transparency Score | 70/100 |
Is Ahepa 35 Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ahepa 35 Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ahepa 35 Inc
Ahepa 35 Inc (EIN: 204271422) is a nonprofit organization based in Nashua, NH, classified under NTEE code L22. The organization reported total revenue of $555K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ahepa 35 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ahepa 35 Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $491K |
| Total Expenses | $589K |
| Surplus / Deficit | $-97,262 |
| Total Assets | $4.2M |
| Total Liabilities | $598K |
| Net Assets | $3.6M |
| Operating Margin | -19.8% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 85.7 months |
Financial Health Grade: B
In 2023, Ahepa 35 Inc reported a deficit of $97K with expenses exceeding revenue, holds 85.7 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Ahepa 35 Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +6.5% | -1.9% |
| 2022 | +2.7% | +4.3% | -2.7% |
| 2021 | +1.0% | +4.0% | -1.7% |
| 2020 | +1.9% | -1.1% | -2.1% |
| 2019 | +10.4% | +5.6% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 35 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 35 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 $97K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer channels, which is a positive indicator of financial stewardship for an organization of its size with over $4 million in assets.
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 35 Inc's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in every reported period (e.g., $588,746 expenses vs. $491,484 revenue in 2023).
- Gradual but consistent decline in total assets over the past decade, from $5,143,125 in 2014 to $4,042,939 currently, indicating asset depletion.
- Liabilities have remained relatively high and stable, around $5-6 million for several years, before dropping to under $600,000 in recent years, which warrants further investigation into the nature of these liabilities and the reason for the significant change.
Strengths
The following positive indicators were identified for Ahepa 35 Inc:
- Zero reported officer compensation across all filings, indicating strong volunteer leadership or alternative compensation structures.
- Substantial asset base of over $4 million provides a significant financial buffer.
- Consistent revenue generation over the past decade, albeit often less than expenses.
Frequently Asked Questions about Ahepa 35 Inc
Is Ahepa 35 Inc a legitimate charity?
Ahepa 35 Inc (EIN: 204271422) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $555K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ahepa 35 Inc spend its money?
Ahepa 35 Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ahepa 35 Inc tax-deductible?
Ahepa 35 Inc is registered as a tax-exempt nonprofit (EIN: 204271422). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ahepa 35 Inc CEO make?
Ahepa 35 Inc's highest-compensated officer earns $4 annually. The organization reported $555K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ahepa 35 Inc's spending goes to programs?
Ahepa 35 Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ahepa 35 Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Ahepa 35 Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ahepa 35 Inc located?
Ahepa 35 Inc is headquartered in Nashua, New Hampshire and files with the IRS under EIN 204271422. It is classified under NTEE code L22.
How many years of IRS 990 filings does Ahepa 35 Inc have?
Ahepa 35 Inc 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 $555K in total revenue.
How does Ahepa 35 Inc cover its consistent operational deficits?
The organization consistently reports expenses exceeding revenue (e.g., $588,746 expenses vs. $491,484 revenue in 2023), suggesting it covers these deficits by drawing from its substantial assets, which have declined from $5,143,125 in 2014 to $4,042,939 currently.
What is the long-term sustainability outlook for Ahepa 35 Inc given its financial trends?
While the organization has significant assets, the consistent operational deficits and gradual decline in assets over the past decade (from $5.1M to $4M) raise questions about its long-term financial sustainability if current spending patterns continue without increased revenue or reduced expenses.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be volunteer-based or compensated through mechanisms not categorized as officer compensation on the IRS Form 990.
Filing History
IRS 990 filing history for Ahepa 35 Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Ahepa 35 Inc's revenue has grown by 68.4%, moving from $292K to $491K. Total assets decreased by 22.1% over the same period, from $5.4M to $4.2M. Total functional expenses rose by 40.7%, from $418K to $589K. In its most recent filing year (2023), Ahepa 35 Inc reported a deficit of $97K, with expenses exceeding revenue. The organization holds $598K in liabilities against $4.2M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $491K | $589K | $4.2M | $598K | — | View 990 |
| 2022 | $451K | $553K | $4.3M | $583K | — | View 990 |
| 2021 | $439K | $530K | $4.4M | $597K | — | View 990 |
| 2020 | $435K | $510K | $4.5M | $5.9M | — | View 990 |
| 2019 | $427K | $515K | $4.6M | $5.9M | — | View 990 |
| 2018 | $386K | $488K | $4.7M | $5.9M | — | View 990 |
| 2017 | $377K | $490K | $4.8M | $6.0M | — | View 990 |
| 2016 | $378K | $491K | $4.9M | $6.0M | — | View 990 |
| 2015 | $362K | $477K | $5.0M | $6.0M | — | View 990 |
| 2014 | $323K | $466K | $5.1M | $6.0M | — | View 990 |
| 2013 | $323K | $436K | $5.3M | $5.9M | — | View 990 |
| 2012 | $292K | $418K | $5.4M | $6.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $491K, expenses of $589K, and assets of $4.2M (revenue +9.1% year-over-year).
- 2022: Revenue of $451K, expenses of $553K, and assets of $4.3M (revenue +2.7% year-over-year).
- 2021: Revenue of $439K, expenses of $530K, and assets of $4.4M (revenue +1.0% year-over-year).
- 2020: Revenue of $435K, expenses of $510K, and assets of $4.5M (revenue +1.9% year-over-year).
- 2019: Revenue of $427K, expenses of $515K, and assets of $4.6M (revenue +10.4% year-over-year).
- 2018: Revenue of $386K, expenses of $488K, and assets of $4.7M (revenue +2.5% year-over-year).
- 2017: Revenue of $377K, expenses of $490K, and assets of $4.8M (revenue -0.3% year-over-year).
- 2016: Revenue of $378K, expenses of $491K, and assets of $4.9M (revenue +4.4% year-over-year).
- 2015: Revenue of $362K, expenses of $477K, and assets of $5.0M (revenue +12.2% year-over-year).
- 2014: Revenue of $323K, expenses of $466K, and assets of $5.1M (revenue +0.1% year-over-year).
- 2013: Revenue of $323K, expenses of $436K, and assets of $5.3M (revenue +10.5% year-over-year).
- 2012: Revenue of $292K, expenses of $418K, and assets of $5.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ahepa 35 Inc:
Data Sources and Methodology
This transparency report for Ahepa 35 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.