Albemarle Teen Challenge
Albemarle Teen Challenge operates with no reported officer compensation, showing fluctuating revenues and increasing assets alongside rising liabilities.
EIN: 208144826 · Elizabethtown, NC · NTEE: P46 · Updated: 2026-03-28
Is Albemarle Teen Challenge Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albemarle Teen Challenge directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albemarle Teen Challenge
Albemarle Teen Challenge (EIN: 208144826) is a nonprofit organization based in Elizabethtown, NC, classified under NTEE code P46. The organization reported total revenue of $218K and total assets of $426K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albemarle Teen Challenge's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albemarle Teen Challenge is a small nonprofit that has been operating for 19 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $218K |
| Total Expenses | $238K |
| Surplus / Deficit | $-19,740 |
| Total Assets | $426K |
| Total Liabilities | $300K |
| Net Assets | $126K |
| Operating Margin | -9.0% |
| Debt-to-Asset Ratio | 70.3% |
| Months of Reserves | 21.5 months |
Financial Health Grade: C
In 2016, Albemarle Teen Challenge reported a deficit of $20K with expenses exceeding revenue, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 70.3% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Albemarle Teen Challenge's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -29.4% | -23.4% | -4.7% |
| 2015 | +18.9% | +10.3% | -3.1% |
| 2014 | -36.5% | +5.6% | +6.0% |
| 2013 | +63.8% | +9.8% | +1357.4% |
| 2012 | +47.3% | +53.4% | +37.1% |
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 Albemarle Teen Challenge with a Mission Score of 80 out of 100 (Excellent). 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, Albemarle Teen Challenge 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 70.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not receiving salaries, which is highly unusual for an organization of its size with assets over $400,000.
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 Albemarle Teen Challenge's IRS 990 filings:
- Consistent operating deficits in recent years (2014-2016), with expenses exceeding revenue.
- Significant increase in liabilities from $1,253 in 2011 to $299,605 in 2016, which could indicate reliance on debt.
- Unusually low or zero reported officer compensation for an organization with assets over $400,000, which warrants further inquiry into how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for Albemarle Teen Challenge:
- No reported officer compensation, indicating a potential commitment to directing funds towards programs rather than executive salaries.
- Significant growth in assets from $21,795 in 2011 to $425,884 in 2016, suggesting successful capital development or donations.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Frequently Asked Questions about Albemarle Teen Challenge
Is Albemarle Teen Challenge a legitimate charity?
Based on AI analysis of IRS 990 filings, Albemarle Teen Challenge (EIN: 208144826) some concerns. Mission Score: 80/100. 3 red flags identified, 3 strengths noted.
How does Albemarle Teen Challenge spend its money?
Albemarle Teen Challenge directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Albemarle Teen Challenge tax-deductible?
Albemarle Teen Challenge is registered as a tax-exempt nonprofit (EIN: 208144826). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Albemarle Teen Challenge sustain operations with consistent deficits in recent years?
The organization has reported expenses exceeding revenue in 2016, 2015, and 2014. This could be sustained by drawing on prior year surpluses (like 2013's $142,310 surplus) or through non-cash contributions not fully reflected in revenue figures, or by increasing liabilities.
What is the nature of the significant increase in liabilities from $1,253 in 2011 to $299,605 in 2016?
The substantial increase in liabilities suggests the organization may have taken on debt, possibly for asset acquisition or facility improvements, or that restricted funds are being held as liabilities.
How does the organization manage to operate without paying officer compensation?
The consistent 0% officer compensation suggests that leadership may be volunteer-based, compensated through other means not reported as officer compensation on the 990, or supported by a related entity.
Filing History
IRS 990 filing history for Albemarle Teen Challenge showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Albemarle Teen Challenge's revenue has grown by 28.7%, moving from $170K to $218K. Total assets increased by 1854% over the same period, from $22K to $426K. Total functional expenses rose by 50.3%, from $158K to $238K. In its most recent filing year (2016), Albemarle Teen Challenge reported a deficit of $20K, with expenses exceeding revenue. The organization holds $300K in liabilities against $426K in assets (debt-to-asset ratio: 70.3%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $218K | $238K | $426K | $300K | — | View 990 |
| 2015 | $309K | $311K | $447K | $301K | — | View 990 |
| 2014 | $260K | $282K | $461K | $314K | — | View 990 |
| 2013 | $409K | $267K | $435K | $266K | — | View 990 |
| 2012 | $250K | $243K | $30K | $2K | — | View 990 |
| 2011 | $170K | $158K | $22K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $218K, expenses of $238K, and assets of $426K (revenue -29.4% year-over-year).
- 2015: Revenue of $309K, expenses of $311K, and assets of $447K (revenue +18.9% year-over-year).
- 2014: Revenue of $260K, expenses of $282K, and assets of $461K (revenue -36.5% year-over-year).
- 2013: Revenue of $409K, expenses of $267K, and assets of $435K (revenue +63.8% year-over-year).
- 2012: Revenue of $250K, expenses of $243K, and assets of $30K (revenue +47.3% year-over-year).
- 2011: Revenue of $170K, expenses of $158K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albemarle Teen Challenge:
Data Sources and Methodology
This transparency report for Albemarle Teen Challenge 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.