Alliance Of Community Health Plans Foundation Inc

Is Alliance Of Community Health Plans Foundation Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Alliance Of Community Health Plans Foundation Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About Alliance Of Community Health Plans Foundation Inc

Alliance Of Community Health Plans Foundation Inc (EIN: 222532761) is a nonprofit organization based in Washington, DC, classified under NTEE code E19. The organization reported total revenue of $1.3M and total assets of $731K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alliance Of Community Health Plans Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Alliance Of Community Health Plans Foundation Inc with a Mission Score of 65 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: 40%
• programs: 50%
• fundraising: 10%

According to IRS 990 filings, Alliance Of Community Health Plans Foundation Inc allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.

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 Alliance Of Community Health Plans Foundation Inc's IRS 990 filings:

• Revenue has significantly declined from $177,536 in 2018 to $126,336 in 2023, raising sustainability concerns.
• Administrative expenses appear high relative to program spending, though specific breakdowns are not fully clear from the provided data.
• The organization reported a net loss in several years, including 2023 ($212,947 in expenses vs $132,490 in revenue).

Strengths

The following positive indicators were identified for Alliance Of Community Health Plans Foundation Inc:

• Consistent filing of financial documents (990s) demonstrates a commitment to basic compliance.
• Maintains a presence in Washington, DC, which can be beneficial for advocacy and networking within the health policy sphere.

Frequently Asked Questions about Alliance Of Community Health Plans Foundation Inc

Filing History

IRS 990 filing history for Alliance Of Community Health Plans Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Alliance Of Community Health Plans Foundation Inc's revenue has grown by 638.9%, moving from $18K to $132K. Total assets increased by 115.8% over the same period, from $36K to $78K. Total functional expenses rose by 1067%, from $18K to $213K. In its most recent filing year (2023), Alliance Of Community Health Plans Foundation Inc reported a deficit of $80K, with expenses exceeding revenue. The organization holds $287K in liabilities against $78K in assets (debt-to-asset ratio: 365.1%), resulting in net assets of $-208,100.

Year-by-Year Financial Summary

• 2023: Revenue of $132K, expenses of $213K, and assets of $78K (revenue -18.1% year-over-year).
• 2022: Revenue of $162K, expenses of $252K, and assets of $273K (revenue +5.0% year-over-year).
• 2021: Revenue of $154K, expenses of $206K, and assets of $208K (revenue +184.5% year-over-year).
• 2020: Revenue of $54K, expenses of $71K, and assets of $70K (revenue +68.4% year-over-year).
• 2019: Revenue of $32K, expenses of $33K, and assets of $35K (revenue -81.9% year-over-year).
• 2018: Revenue of $178K, expenses of $178K, and assets of $46K (revenue +145.4% year-over-year).
• 2017: Revenue of $72K, expenses of $73K, and assets of $56K (revenue +556438.5% year-over-year).
• 2016: Revenue of $13, expenses of $363, and assets of $33K (revenue -7.1% year-over-year).
• 2015: Revenue of $14, expenses of $612, and assets of $34K (revenue +0.0% year-over-year).
• 2014: Revenue of $14, expenses of $396, and assets of $34K (revenue +0.0% year-over-year).
• 2013: Revenue of $14, expenses of $80, and assets of $35K (revenue -99.8% year-over-year).
• 2012: Revenue of $9K, expenses of $9K, and assets of $35K (revenue -49.0% year-over-year).
• 2011: Revenue of $18K, expenses of $18K, and assets of $36K.

Data Sources and Methodology

This transparency report for Alliance Of Community Health Plans Foundation 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.