Aipso
Aipso's liabilities consistently exceed assets despite significant revenue growth.
EIN: 132732270 · Johnston, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $140.3M |
| Total Expenses | $113.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $-11,171,458 |
| Transparency Score | 65/100 |
Is Aipso Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aipso directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aipso
Aipso (EIN: 132732270) is a nonprofit organization based in Johnston, RI. The organization reported total revenue of $140.3M and total assets of $104.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aipso's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aipso is a major nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128.8M |
| Total Expenses | $113.3M |
| Surplus / Deficit | +$15.5M |
| Total Assets | $100.7M |
| Total Liabilities | $111.8M |
| Net Assets | $-11,171,458 |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 111.1% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Aipso reported a surplus of $15.5M with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 111.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aipso's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.7% | +48.9% | +19.6% |
| 2022 | +33.4% | +26.5% | +92.6% |
| 2021 | +8.3% | +8.4% | -1.2% |
| 2020 | +10.8% | +7.6% | +10.3% |
| 2019 | +1.0% | +4.4% | +8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
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 Aipso 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Aipso allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $15.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 111.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of Aipso's size, with revenues exceeding $100 million, and suggests either a volunteer leadership structure or compensation being covered by a related entity, which would warrant further investigation for complete transparency.
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 Aipso's IRS 990 filings:
- Liabilities consistently exceed assets, indicating potential solvency issues (e.g., 202312: Assets $100,666,444, Liabilities $111,837,902).
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further inquiry into executive compensation structures.
- NTEE Code is unknown, which limits understanding of its specific mission and peer comparisons.
Strengths
The following positive indicators were identified for Aipso:
- Significant and consistent revenue growth over the past decade, from $37,314,314 in 2014 to $128,830,883 in 2023.
- Positive net income in recent years (e.g., 202312: Revenue $128,830,883, Expenses $113,341,670).
- No reported officer compensation, suggesting a commitment to minimizing direct executive overhead.
Frequently Asked Questions about Aipso
Is Aipso a legitimate charity?
Based on AI analysis of IRS 990 filings, Aipso (EIN: 132732270) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Aipso spend its money?
Aipso directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aipso tax-deductible?
Aipso is registered as a tax-exempt nonprofit (EIN: 132732270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Aipso CEO make?
Aipso's highest-compensated officer earns $100 annually. The organization reported $140.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Aipso's spending goes to programs?
Aipso directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Aipso located?
Aipso is headquartered in Johnston, Rhode Island and files with the IRS under EIN 132732270.
How many years of IRS 990 filings does Aipso have?
Aipso 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 $140.3M in total revenue.
Is Aipso a good charity?
Aipso's financial health presents a mixed picture. While it has achieved substantial revenue growth and reports 0% officer compensation, the persistent imbalance where liabilities exceed assets raises concerns about long-term financial stability. Its program spending efficiency would need to be further detailed to fully assess its charitable impact.
Why do Aipso's liabilities consistently exceed its assets?
Aipso's liabilities have consistently exceeded its assets across all reported periods, for example, $111,837,902 in liabilities versus $100,666,444 in assets in 2023. This could indicate significant debt, lease obligations, or other financial commitments that are not fully covered by its current assets. Further investigation into the nature of these liabilities is crucial.
How has Aipso's revenue grown over the past decade?
Aipso has experienced remarkable revenue growth, increasing from $37,314,314 in 2014 to $128,830,883 in 2023, representing over a 245% increase. This substantial growth indicates a successful expansion of its operations or funding base.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenues exceeding $100 million. It could mean that officers are volunteers, compensated by a related entity, or that the compensation is not reported in a standard way, which could impact the assessment of administrative efficiency and transparency.
Filing History
IRS 990 filing history for Aipso showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aipso's revenue has grown by 272.7%, moving from $34.6M to $128.8M. Total assets increased by 318.2% over the same period, from $24.1M to $100.7M. Total functional expenses rose by 220.2%, from $35.4M to $113.3M. In its most recent filing year (2023), Aipso reported a surplus of $15.5M, with revenue exceeding expenses. The organization holds $111.8M in liabilities against $100.7M in assets (debt-to-asset ratio: 111.1%), resulting in net assets of $-11,171,458.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128.8M | $113.3M | $100.7M | $111.8M | — | — |
| 2022 | $79.7M | $76.1M | $84.2M | $107.3M | — | View 990 |
| 2021 | $59.7M | $60.2M | $43.7M | $86.9M | — | View 990 |
| 2020 | $55.1M | $55.5M | $44.3M | $110.2M | — | View 990 |
| 2019 | $49.8M | $51.6M | $40.2M | $102.7M | — | View 990 |
| 2018 | $49.3M | $49.5M | $36.9M | $81.4M | — | View 990 |
| 2017 | $46.6M | $49.6M | $35.6M | $92.8M | — | View 990 |
| 2016 | $45.8M | $48.4M | $38.1M | $91.4M | — | View 990 |
| 2015 | $46.8M | $48.2M | $33.7M | $80.7M | — | View 990 |
| 2014 | $37.3M | $37.4M | $25.8M | $78.7M | — | View 990 |
| 2013 | $37.6M | $39.6M | $24.1M | $53.6M | — | View 990 |
| 2012 | $36.9M | $37.7M | $30.4M | $75.4M | — | View 990 |
| 2011 | $34.6M | $35.4M | $24.1M | $61.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128.8M, expenses of $113.3M, and assets of $100.7M (revenue +61.7% year-over-year).
- 2022: Revenue of $79.7M, expenses of $76.1M, and assets of $84.2M (revenue +33.4% year-over-year).
- 2021: Revenue of $59.7M, expenses of $60.2M, and assets of $43.7M (revenue +8.3% year-over-year).
- 2020: Revenue of $55.1M, expenses of $55.5M, and assets of $44.3M (revenue +10.8% year-over-year).
- 2019: Revenue of $49.8M, expenses of $51.6M, and assets of $40.2M (revenue +1.0% year-over-year).
- 2018: Revenue of $49.3M, expenses of $49.5M, and assets of $36.9M (revenue +5.8% year-over-year).
- 2017: Revenue of $46.6M, expenses of $49.6M, and assets of $35.6M (revenue +1.6% year-over-year).
- 2016: Revenue of $45.8M, expenses of $48.4M, and assets of $38.1M (revenue -2.1% year-over-year).
- 2015: Revenue of $46.8M, expenses of $48.2M, and assets of $33.7M (revenue +25.5% year-over-year).
- 2014: Revenue of $37.3M, expenses of $37.4M, and assets of $25.8M (revenue -0.7% year-over-year).
- 2013: Revenue of $37.6M, expenses of $39.6M, and assets of $24.1M (revenue +1.7% year-over-year).
- 2012: Revenue of $36.9M, expenses of $37.7M, and assets of $30.4M (revenue +6.9% year-over-year).
- 2011: Revenue of $34.6M, expenses of $35.4M, and assets of $24.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aipso:
Data Sources and Methodology
This transparency report for Aipso 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.