Alliance Of Aids Services Carolina
EIN: 562158082 · Raleigh, NC · NTEE: G81
| Metric | Value |
|---|---|
| Total Revenue | $696K |
| Total Expenses | $861K |
| Net Assets | $0 |
Is Alliance Of Aids Services Carolina Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alliance Of Aids Services Carolina
Alliance Of Aids Services Carolina (EIN: 562158082) is a nonprofit organization based in Raleigh, NC, classified under NTEE code G81. The organization reported total revenue of $696K and total assets of $256K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alliance Of Aids Services Carolina's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alliance Of Aids Services Carolina is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $864K |
| Total Expenses | $861K |
| Surplus / Deficit | +$3K |
| Total Assets | $350K |
| Total Liabilities | $350K |
| Net Assets | $0 |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2024, Alliance Of Aids Services Carolina reported a surplus of $3K with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 12 years of filings (2011–2024), Alliance Of Aids Services Carolina's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +28.1% | +18.7% | +79.9% |
| 2021 | -13.3% | +6.7% | -19.8% |
| 2020 | +37.9% | +18.2% | +421.8% |
| 2019 | -2.1% | +12.6% | -50.2% |
| 2018 | +0.3% | -10.7% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alliance Of Aids Services Carolina 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 Alliance Of Aids Services Carolina 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Alliance Of Aids Services Carolina
Is Alliance Of Aids Services Carolina a legitimate charity?
Alliance Of Aids Services Carolina (EIN: 562158082) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $696K. No red flags identified. Financial health grade: A.
How does Alliance Of Aids Services Carolina spend its money?
Alliance Of Aids Services Carolina reported $696K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alliance Of Aids Services Carolina tax-deductible?
Alliance Of Aids Services Carolina is registered as a tax-exempt nonprofit (EIN: 562158082). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alliance Of Aids Services Carolina located?
Alliance Of Aids Services Carolina is headquartered in Raleigh, North Carolina and files with the IRS under EIN 562158082. It is classified under NTEE code G81.
How many years of IRS 990 filings does Alliance Of Aids Services Carolina have?
Alliance Of Aids Services Carolina has 12 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 $696K in total revenue.
Filing History
IRS 990 filing history for Alliance Of Aids Services Carolina showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2024), Alliance Of Aids Services Carolina's revenue has declined by 69%, moving from $2.8M to $864K. Total assets decreased by 50.8% over the same period, from $711K to $350K. Total functional expenses fell by 69.7%, from $2.8M to $861K. In its most recent filing year (2024), Alliance Of Aids Services Carolina reported a surplus of $3K, with revenue exceeding expenses. The organization holds $350K in liabilities against $350K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $864K | $861K | $350K | $350K | — | — |
| 2021 | $674K | $726K | $194K | $363K | — | — |
| 2020 | $778K | $680K | $242K | $364K | — | View 990 |
| 2019 | $564K | $575K | $46K | $296K | — | View 990 |
| 2018 | $576K | $511K | $93K | $339K | — | View 990 |
| 2017 | $574K | $572K | $83K | $394K | — | View 990 |
| 2016 | $637K | $602K | $114K | $428K | — | View 990 |
| 2015 | $843K | $980K | $160K | $480K | — | View 990 |
| 2014 | $2.2M | $2.4M | $292K | $476K | — | View 990 |
| 2013 | $2.1M | $2.4M | $408K | $615K | — | View 990 |
| 2012 | $2.3M | $2.4M | $640K | $257K | — | View 990 |
| 2011 | $2.8M | $2.8M | $711K | $406K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $864K, expenses of $861K, and assets of $350K (revenue +28.1% year-over-year).
- 2021: Revenue of $674K, expenses of $726K, and assets of $194K (revenue -13.3% year-over-year).
- 2020: Revenue of $778K, expenses of $680K, and assets of $242K (revenue +37.9% year-over-year).
- 2019: Revenue of $564K, expenses of $575K, and assets of $46K (revenue -2.1% year-over-year).
- 2018: Revenue of $576K, expenses of $511K, and assets of $93K (revenue +0.3% year-over-year).
- 2017: Revenue of $574K, expenses of $572K, and assets of $83K (revenue -9.8% year-over-year).
- 2016: Revenue of $637K, expenses of $602K, and assets of $114K (revenue -24.5% year-over-year).
- 2015: Revenue of $843K, expenses of $980K, and assets of $160K (revenue -62.2% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.4M, and assets of $292K (revenue +8.9% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.4M, and assets of $408K (revenue -11.5% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.4M, and assets of $640K (revenue -16.9% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.8M, and assets of $711K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alliance Of Aids Services Carolina:
Data Sources and Methodology
This transparency report for Alliance Of Aids Services Carolina 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.