Ahepa Marathon Chapter No 2 Foundation
EIN: 562271746 · Charlotte, NC · NTEE: T99
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $158K |
| Net Assets | $3.4M |
Is Ahepa Marathon Chapter No 2 Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ahepa Marathon Chapter No 2 Foundation
Ahepa Marathon Chapter No 2 Foundation (EIN: 562271746) is a nonprofit organization based in Charlotte, NC, classified under NTEE code T99. The organization reported total revenue of $1.3M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ahepa Marathon Chapter No 2 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ahepa Marathon Chapter No 2 Foundation is a mid-size nonprofit that has been operating for 22 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 | $123K |
| Total Expenses | $158K |
| Surplus / Deficit | $-34,535 |
| Total Assets | $3.4M |
| Net Assets | $3.4M |
| Operating Margin | -28.0% |
| Months of Reserves | 259.3 months |
Financial Health Grade: B
In 2023, Ahepa Marathon Chapter No 2 Foundation reported a deficit of $35K with expenses exceeding revenue, holds 259.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ahepa Marathon Chapter No 2 Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.0% | -7.2% | +3.4% |
| 2022 | -81.5% | -49.5% | -8.2% |
| 2021 | +368.7% | +116.5% | +3.5% |
| 2020 | +18.7% | -15.6% | +3.6% |
| 2019 | -25.3% | -51.9% | +12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ahepa Marathon Chapter No 2 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 Ahepa Marathon Chapter No 2 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 $35K, with expenses exceeding revenue.
Frequently Asked Questions about Ahepa Marathon Chapter No 2 Foundation
Is Ahepa Marathon Chapter No 2 Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ahepa Marathon Chapter No 2 Foundation (EIN: 562271746) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ahepa Marathon Chapter No 2 Foundation spend its money?
Detailed spending breakdown data is not yet available for Ahepa Marathon Chapter No 2 Foundation. Check back for updated IRS 990 analysis.
Are donations to Ahepa Marathon Chapter No 2 Foundation tax-deductible?
Ahepa Marathon Chapter No 2 Foundation is registered as a tax-exempt nonprofit (EIN: 562271746). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ahepa Marathon Chapter No 2 Foundation located?
Ahepa Marathon Chapter No 2 Foundation is headquartered in Charlotte, North Carolina and files with the IRS under EIN 562271746. It is classified under NTEE code T99.
How many years of IRS 990 filings does Ahepa Marathon Chapter No 2 Foundation have?
Ahepa Marathon Chapter No 2 Foundation 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Ahepa Marathon Chapter No 2 Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ahepa Marathon Chapter No 2 Foundation's revenue has grown by 21.1%, moving from $102K to $123K. Total assets increased by 17.5% over the same period, from $2.9M to $3.4M. Total functional expenses rose by 171.2%, from $58K to $158K. In its most recent filing year (2023), Ahepa Marathon Chapter No 2 Foundation reported a deficit of $35K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $158K | $3.4M | $0 | — | — |
| 2022 | $143K | $170K | $3.3M | $0 | — | View 990 |
| 2021 | $775K | $337K | $3.6M | $0 | — | View 990 |
| 2020 | $165K | $155K | $3.5M | $0 | — | — |
| 2019 | $139K | $184K | $3.3M | $0 | — | — |
| 2018 | $187K | $383K | $3.0M | $0 | — | View 990 |
| 2017 | $133K | $141K | $3.4M | $0 | — | — |
| 2016 | $149K | $130K | $3.2M | $0 | — | View 990 |
| 2015 | $87K | $138K | $3.0M | $0 | — | View 990 |
| 2014 | $186K | $147K | $3.2M | $0 | — | View 990 |
| 2013 | $141K | $118K | $3.1M | $0 | — | View 990 |
| 2012 | $116K | $92K | $3.0M | $1K | — | View 990 |
| 2011 | $102K | $58K | $2.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $158K, and assets of $3.4M (revenue -14.0% year-over-year).
- 2022: Revenue of $143K, expenses of $170K, and assets of $3.3M (revenue -81.5% year-over-year).
- 2021: Revenue of $775K, expenses of $337K, and assets of $3.6M (revenue +368.7% year-over-year).
- 2020: Revenue of $165K, expenses of $155K, and assets of $3.5M (revenue +18.7% year-over-year).
- 2019: Revenue of $139K, expenses of $184K, and assets of $3.3M (revenue -25.3% year-over-year).
- 2018: Revenue of $187K, expenses of $383K, and assets of $3.0M (revenue +40.9% year-over-year).
- 2017: Revenue of $133K, expenses of $141K, and assets of $3.4M (revenue -10.8% year-over-year).
- 2016: Revenue of $149K, expenses of $130K, and assets of $3.2M (revenue +70.2% year-over-year).
- 2015: Revenue of $87K, expenses of $138K, and assets of $3.0M (revenue -53.0% year-over-year).
- 2014: Revenue of $186K, expenses of $147K, and assets of $3.2M (revenue +31.9% year-over-year).
- 2013: Revenue of $141K, expenses of $118K, and assets of $3.1M (revenue +21.9% year-over-year).
- 2012: Revenue of $116K, expenses of $92K, and assets of $3.0M (revenue +13.6% year-over-year).
- 2011: Revenue of $102K, expenses of $58K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ahepa Marathon Chapter No 2 Foundation:
Data Sources and Methodology
This transparency report for Ahepa Marathon Chapter No 2 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.