Allex Inc

Allex Inc. shows fluctuating revenue and declining assets, with consistent 0% officer compensation.

EIN: 203252049 · Acton, MA · Updated: 2026-03-28

$864KRevenue

$747KAssets

75/100Mission Score (Good)

About Allex Inc

Allex Inc (EIN: 203252049) is a nonprofit organization based in Acton, MA. The organization reported total revenue of $864K and total assets of $747K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allex Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Allex Inc. demonstrates a mixed financial picture based on its IRS 990 filings. While the organization has a consistent filing history, indicating good transparency in reporting, its financial health has seen significant fluctuations. Revenue has varied considerably, from a low of $81,144 in 202009 to a high of $978,648 in 202003. More recently, revenue has been on an upward trend from $319,553 in 202109 to $526,071 in 202309, which is a positive sign. However, the organization has frequently operated with expenses exceeding revenue, such as in 202309 where expenses were $544,032 against $526,071 in revenue, leading to a deficit. This pattern of spending more than it takes in could impact long-term sustainability if not managed effectively.

The organization's assets have also shown a declining trend over the past few years, from a peak of $1,708,723 in 201703 to $762,519 in 202309. This reduction in assets, coupled with periods of deficit spending, suggests a need for careful financial management. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries, which is a significant strength in terms of spending efficiency and donor trust. However, without a detailed breakdown of expenses (program, administrative, fundraising), a complete assessment of spending efficiency is challenging.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Allex Inc with a Mission Score of 75 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: 80%
fundraising: 10%

According to IRS 990 filings, Allex Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Allex Inc. consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This is a highly positive indicator, suggesting that all resources are directed towards the organization's mission and operational costs, rather than executive pay.

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 Allex Inc's IRS 990 filings:

Frequent deficit spending (expenses exceeding revenue), as seen in 202309 ($544,032 expenses vs. $526,071 revenue)
Significant decline in total assets over time, from $1,708,723 in 201703 to $762,519 in 202309
Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full spending efficiency assessment difficult

Strengths

The following positive indicators were identified for Allex Inc:

Consistent 0% officer compensation across all filings, indicating strong commitment to mission over executive pay
Regular and consistent IRS 990 filing history, demonstrating good transparency
Recent positive trend in revenue growth from 202109 to 202309

Frequently Asked Questions about Allex Inc

Is Allex Inc. financially stable?

Allex Inc. has experienced significant fluctuations in revenue and has frequently operated with expenses exceeding revenue, such as in 202309 where expenses ($544,032) surpassed revenue ($526,071). Its assets have also declined from over $1.7 million in 2017 to $762,519 in 2023. While recent revenue trends are positive, the overall financial stability requires careful monitoring.

How does Allex Inc. manage its executive compensation?

Allex Inc. reports 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to its officers. This is a strong positive for donor confidence and indicates a focus on mission-related spending.

What is the trend in Allex Inc.'s assets?

Allex Inc.'s assets have shown a notable decline over the past several years, from a high of $1,708,723 in 201703 to $762,519 in 202309. This trend suggests a reduction in the organization's financial reserves.

Has Allex Inc. been growing its revenue recently?

Yes, Allex Inc. has shown recent revenue growth, increasing from $319,553 in 202109 to $526,071 in 202309. This indicates a positive short-term trend in fundraising or income generation.

Filing History

IRS 990 filing history for Allex Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2013–2023), Allex Inc's revenue has declined by 21.1%, moving from $667K to $526K. Total assets increased by 8.1% over the same period, from $705K to $763K. Total functional expenses fell by 10.4%, from $607K to $544K. In its most recent filing year (2023), Allex Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $143K in liabilities against $763K in assets (debt-to-asset ratio: 18.8%), resulting in net assets of $620K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$526K	$544K	$763K	$143K	—	View 990
2022	$446K	$440K	$683K	$98K	—	View 990
2021	$320K	$351K	$714K	$58K	—	View 990
2020	$81K	$191K	$945K	$264K	—	View 990
2020	$979K	$966K	$1.3M	$536K	—	View 990
2019	$756K	$823K	$1.7M	$910K	—	View 990
2018	$914K	$801K	$1.7M	$863K	—	View 990
2017	$851K	$737K	$1.7M	$982K	—	View 990
2016	$866K	$623K	$1.5M	$873K	—	View 990
2015	$793K	$561K	$1.3M	$960K	—	View 990
2014	$747K	$571K	$1.1M	$948K	—	View 990
2013	$667K	$607K	$705K	$743K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $526K, expenses of $544K, and assets of $763K (revenue +17.9% year-over-year).
2022: Revenue of $446K, expenses of $440K, and assets of $683K (revenue +39.7% year-over-year).
2021: Revenue of $320K, expenses of $351K, and assets of $714K (revenue +293.8% year-over-year).
2020: Revenue of $81K, expenses of $191K, and assets of $945K (revenue -91.7% year-over-year).
2020: Revenue of $979K, expenses of $966K, and assets of $1.3M (revenue +29.5% year-over-year).
2019: Revenue of $756K, expenses of $823K, and assets of $1.7M (revenue -17.3% year-over-year).
2018: Revenue of $914K, expenses of $801K, and assets of $1.7M (revenue +7.5% year-over-year).
2017: Revenue of $851K, expenses of $737K, and assets of $1.7M (revenue -1.8% year-over-year).
2016: Revenue of $866K, expenses of $623K, and assets of $1.5M (revenue +9.3% year-over-year).
2015: Revenue of $793K, expenses of $561K, and assets of $1.3M (revenue +6.1% year-over-year).
2014: Revenue of $747K, expenses of $571K, and assets of $1.1M (revenue +12.0% year-over-year).
2013: Revenue of $667K, expenses of $607K, and assets of $705K.

Data Sources and Methodology

This transparency report for Allex 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.