Alcor Care Tr Supporting Organization 06062016
EIN: 326428275 · Scottsdale, AZ · NTEE: U11
Is Alcor Care Tr Supporting Organization 06062016 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alcor Care Tr Supporting Organization 06062016
Alcor Care Tr Supporting Organization 06062016 (EIN: 326428275) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code U11. The organization reported total revenue of $2.1M and total assets of $30.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alcor Care Tr Supporting Organization 06062016's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alcor Care Tr Supporting Organization 06062016 is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $239K |
| Total Expenses | $0 |
| Surplus / Deficit | +$239K |
| Total Assets | $23.0M |
| Total Liabilities | $17.5M |
| Net Assets | $5.5M |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 76.1% |
Financial Health Grade: B
In 2023, Alcor Care Tr Supporting Organization 06062016 reported a surplus of $239K with revenue exceeding expenses, has a debt-to-asset ratio of 76.1% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.7% | — | +32.2% |
| 2022 | -44.2% | — | -8.9% |
| 2020 | -102.0% | — | +10.1% |
| 2019 | -89.5% | — | +24.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alcor Care Tr Supporting Organization 06062016 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 Alcor Care Tr Supporting Organization 06062016 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:
- Debt-to-asset ratio: 76.1%.
Frequently Asked Questions about Alcor Care Tr Supporting Organization 06062016
Is Alcor Care Tr Supporting Organization 06062016 a legitimate charity?
Based on AI analysis of IRS 990 filings, Alcor Care Tr Supporting Organization 06062016 (EIN: 326428275) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alcor Care Tr Supporting Organization 06062016 spend its money?
Detailed spending breakdown data is not yet available for Alcor Care Tr Supporting Organization 06062016. Check back for updated IRS 990 analysis.
Are donations to Alcor Care Tr Supporting Organization 06062016 tax-deductible?
Alcor Care Tr Supporting Organization 06062016 is registered as a tax-exempt nonprofit (EIN: 326428275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Alcor Care Tr Supporting Organization 06062016 showing financial trends over 7 years of public records:
Total assets increased by 2299671000% over the same period, from $1 to $23.0M. The organization holds $17.5M in liabilities against $23.0M in assets (debt-to-asset ratio: 76.1%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $239K | $0 | $23.0M | $17.5M | — | — |
| 2022 | $253K | $0 | $17.4M | $12.8M | — | View 990 |
| 2021 | $454K | $0 | $19.1M | $13.5M | — | View 990 |
| 2020 | $-27,721 | $11.2M | $16.6M | $12.1M | — | View 990 |
| 2019 | $1.4M | $0 | $15.1M | $0 | — | — |
| 2018 | $13.1M | $0 | $12.1M | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $239K, expenses of $0, and assets of $23.0M (revenue -5.7% year-over-year).
- 2022: Revenue of $253K, expenses of $0, and assets of $17.4M (revenue -44.2% year-over-year).
- 2021: Revenue of $454K, expenses of $0, and assets of $19.1M.
- 2020: Revenue of $-27,721, expenses of $11.2M, and assets of $16.6M (revenue -102.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $0, and assets of $15.1M (revenue -89.5% year-over-year).
- 2018: Revenue of $13.1M, expenses of $0, and assets of $12.1M.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alcor Care Tr Supporting Organization 06062016:
Data Sources and Methodology
This transparency report for Alcor Care Tr Supporting Organization 06062016 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.