Alfred Technology Resources Inc
Alfred Technology Resources Inc maintains stable finances with consistent revenue and expenses, reporting no officer compensation.
EIN: 161322074 · Painted Post, NY · NTEE: S43Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Alfred Technology Resources Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alfred Technology Resources Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alfred Technology Resources Inc
Alfred Technology Resources Inc (EIN: 161322074) is a nonprofit organization based in Painted Post, NY, classified under NTEE code S43Z. The organization reported total revenue of $1.9M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alfred Technology Resources Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alfred Technology Resources Inc is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-23,478 |
| Total Assets | $3.4M |
| Total Liabilities | $1.5M |
| Net Assets | $1.9M |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 44.9% |
| Months of Reserves | 26.0 months |
Financial Health Grade: B
In 2023, Alfred Technology Resources Inc reported a deficit of $23K with expenses exceeding revenue, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 44.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alfred Technology Resources Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | +13.4% | -0.2% |
| 2022 | +3.7% | +5.3% | +1.8% |
| 2021 | +3.2% | -1.6% | -3.9% |
| 2020 | -16.5% | +4.3% | -0.4% |
| 2019 | +39.9% | -20.8% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Alfred Technology Resources Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Alfred Technology Resources Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.9%.
Executive Compensation Analysis
Alfred Technology Resources Inc consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which would require deeper scrutiny 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 Alfred Technology Resources Inc's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data, making precise efficiency analysis difficult.
- 0% officer compensation reported across all filings could indicate a lack of transparency if compensation is simply reclassified, or it could be a genuine strength if leadership is truly volunteer.
Strengths
The following positive indicators were identified for Alfred Technology Resources Inc:
- Consistent financial operations with revenues and expenses generally in balance over many years.
- Stable asset base, with assets around $3.3-$3.4 million in recent periods, indicating sound financial management.
- No reported officer compensation, potentially indicating a highly efficient and volunteer-driven leadership structure.
- Long filing history (13 filings) demonstrates consistent compliance and operational longevity.
Frequently Asked Questions about Alfred Technology Resources Inc
Is Alfred Technology Resources Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alfred Technology Resources Inc (EIN: 161322074) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Alfred Technology Resources Inc spend its money?
Alfred Technology Resources Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alfred Technology Resources Inc tax-deductible?
Alfred Technology Resources Inc is registered as a tax-exempt nonprofit (EIN: 161322074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Alfred Technology Resources Inc's spending goes to programs?
Alfred Technology Resources Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Alfred Technology Resources Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Alfred Technology Resources Inc is above average for NTEE category S43Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alfred Technology Resources Inc located?
Alfred Technology Resources Inc is headquartered in Painted Post, New York and files with the IRS under EIN 161322074. It is classified under NTEE code S43Z.
How many years of IRS 990 filings does Alfred Technology Resources Inc have?
Alfred Technology Resources Inc 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 $1.9M in total revenue.
Is Alfred Technology Resources Inc financially stable?
Yes, the organization demonstrates financial stability with consistent revenues and expenses over the past decade, and stable asset and liability levels. For example, in 202306, revenues were $1,543,058 and expenses were $1,566,536, showing a balanced operational budget.
How does Alfred Technology Resources Inc manage executive compensation?
All available IRS 990 filings for Alfred Technology Resources Inc report 0% officer compensation, indicating that executive leadership may be entirely volunteer-based or compensated through non-officer roles, which is a notable financial practice.
Has the organization's financial health improved or declined over time?
The organization's financial health has remained relatively stable. While there was a significant revenue increase from $517,926 in 201406 to $1,543,058 in 202306, expenses have also increased proportionally, maintaining a consistent operational balance rather than a dramatic improvement or decline in overall financial stability.
Filing History
IRS 990 filing history for Alfred Technology Resources Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alfred Technology Resources Inc's revenue has grown by 23.1%, moving from $1.3M to $1.5M. Total assets decreased by 43% over the same period, from $6.0M to $3.4M. Total functional expenses fell by 3.6%, from $1.6M to $1.6M. In its most recent filing year (2023), Alfred Technology Resources Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $3.4M in assets (debt-to-asset ratio: 44.9%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.6M | $3.4M | $1.5M | — | View 990 |
| 2022 | $1.4M | $1.4M | $3.4M | $1.5M | — | View 990 |
| 2021 | $1.4M | $1.3M | $3.3M | $1.5M | — | View 990 |
| 2020 | $1.3M | $1.3M | $3.5M | $1.6M | — | View 990 |
| 2019 | $1.6M | $1.3M | $3.5M | $1.6M | — | View 990 |
| 2018 | $1.1M | $1.6M | $3.3M | $1.8M | — | View 990 |
| 2017 | $1.3M | $1.3M | $3.8M | $1.8M | — | View 990 |
| 2016 | $1.2M | $1.4M | $3.9M | $1.8M | — | View 990 |
| 2015 | $1.2M | $1.4M | $4.1M | $1.8M | — | View 990 |
| 2014 | $518K | $1.5M | $4.3M | $1.8M | — | View 990 |
| 2013 | $963K | $1.9M | $5.3M | $1.8M | — | View 990 |
| 2012 | $948K | $1.9M | $5.8M | $1.5M | — | View 990 |
| 2011 | $1.3M | $1.6M | $6.0M | $612K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $3.4M (revenue +10.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $3.4M (revenue +3.7% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $3.3M (revenue +3.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $3.5M (revenue -16.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.3M, and assets of $3.5M (revenue +39.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.6M, and assets of $3.3M (revenue -12.5% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $3.8M (revenue +7.9% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.4M, and assets of $3.9M (revenue -1.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.4M, and assets of $4.1M (revenue +134.1% year-over-year).
- 2014: Revenue of $518K, expenses of $1.5M, and assets of $4.3M (revenue -46.2% year-over-year).
- 2013: Revenue of $963K, expenses of $1.9M, and assets of $5.3M (revenue +1.5% year-over-year).
- 2012: Revenue of $948K, expenses of $1.9M, and assets of $5.8M (revenue -24.3% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.6M, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alfred Technology Resources Inc:
Data Sources and Methodology
This transparency report for Alfred Technology Resources 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.