Alethia Labs Inc
EIN: 461022225 · Leesburg, VA · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.1M |
| Net Assets | $990K |
Is Alethia Labs Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alethia Labs Inc
Alethia Labs Inc (EIN: 461022225) is a nonprofit organization based in Leesburg, VA, classified under NTEE code B99. The organization reported total revenue of $3.8M and total assets of $356K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alethia Labs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alethia Labs Inc is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 74.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.1M |
| Surplus / Deficit | +$672K |
| Total Assets | $990K |
| Net Assets | $990K |
| Operating Margin | 17.9% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2022, Alethia Labs Inc reported a surplus of $672K with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2013–2022), Alethia Labs Inc's revenue has grown at a compound annual growth rate (CAGR) of 74.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +181.0% | +145.3% | +210.9% |
| 2021 | +35.5% | +66.6% | +30.2% |
| 2020 | +11.7% | -14.7% | +3272.1% |
| 2019 | -0.1% | +0.3% | -18.1% |
| 2018 | +48.0% | +43.8% | +31.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alethia Labs Inc 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 Alethia Labs Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $672K, with revenue exceeding expenses.
Frequently Asked Questions about Alethia Labs Inc
Is Alethia Labs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alethia Labs Inc (EIN: 461022225) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alethia Labs Inc spend its money?
Detailed spending breakdown data is not yet available for Alethia Labs Inc. Check back for updated IRS 990 analysis.
Are donations to Alethia Labs Inc tax-deductible?
Alethia Labs Inc is registered as a tax-exempt nonprofit (EIN: 461022225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alethia Labs Inc located?
Alethia Labs Inc is headquartered in Leesburg, Virginia and files with the IRS under EIN 461022225. It is classified under NTEE code B99.
How many years of IRS 990 filings does Alethia Labs Inc have?
Alethia Labs Inc has 10 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 $3.8M in total revenue.
Filing History
IRS 990 filing history for Alethia Labs Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Alethia Labs Inc's revenue has grown by 14893.7%, moving from $25K to $3.7M. Total assets increased by 17696.8% over the same period, from $6K to $990K. Total functional expenses rose by 15729.4%, from $19K to $3.1M. In its most recent filing year (2022), Alethia Labs Inc reported a surplus of $672K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $3.7M | $3.1M | $990K | $0 | — | View 990 |
| 2021 | $1.3M | $1.3M | $318K | $0 | — | View 990 |
| 2020 | $984K | $753K | $244K | $6K | — | View 990 |
| 2019 | $881K | $883K | $7K | $0 | — | View 990 |
| 2018 | $882K | $880K | $9K | $0 | — | View 990 |
| 2017 | $596K | $612K | $7K | $0 | — | View 990 |
| 2016 | $395K | $383K | $22K | $0 | — | View 990 |
| 2015 | $53K | $43K | $10K | $0 | — | View 990 |
| 2014 | $2K | $7K | $458 | $0 | — | View 990 |
| 2013 | $25K | $19K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $3.7M, expenses of $3.1M, and assets of $990K (revenue +181.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $318K (revenue +35.5% year-over-year).
- 2020: Revenue of $984K, expenses of $753K, and assets of $244K (revenue +11.7% year-over-year).
- 2019: Revenue of $881K, expenses of $883K, and assets of $7K (revenue -0.1% year-over-year).
- 2018: Revenue of $882K, expenses of $880K, and assets of $9K (revenue +48.0% year-over-year).
- 2017: Revenue of $596K, expenses of $612K, and assets of $7K (revenue +50.8% year-over-year).
- 2016: Revenue of $395K, expenses of $383K, and assets of $22K (revenue +647.9% year-over-year).
- 2015: Revenue of $53K, expenses of $43K, and assets of $10K (revenue +2542.5% year-over-year).
- 2014: Revenue of $2K, expenses of $7K, and assets of $458 (revenue -92.0% year-over-year).
- 2013: Revenue of $25K, expenses of $19K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alethia Labs Inc:
Data Sources and Methodology
This transparency report for Alethia Labs 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.