Alliance On Mental Illness Of Racine County Inc
EIN: 391341452 · Racine, WI
| Metric | Value |
|---|---|
| Total Revenue | $397K |
| Total Expenses | $288K |
| Net Assets | $457K |
Is Alliance On Mental Illness Of Racine County Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alliance On Mental Illness Of Racine County Inc
Alliance On Mental Illness Of Racine County Inc (EIN: 391341452) is a nonprofit organization based in Racine, WI. The organization reported total revenue of $397K and total assets of $606K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alliance On Mental Illness Of Racine County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alliance On Mental Illness Of Racine County Inc is a small nonprofit that has been operating for 46 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $325K |
| Total Expenses | $288K |
| Surplus / Deficit | +$37K |
| Total Assets | $467K |
| Total Liabilities | $10K |
| Net Assets | $457K |
| Operating Margin | 11.3% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 19.4 months |
Financial Health Grade: A
In 2023, Alliance On Mental Illness Of Racine County Inc reported a surplus of $37K with revenue exceeding expenses, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Alliance On Mental Illness Of Racine County Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.4% | +47.9% | +8.3% |
| 2021 | +8.2% | -10.6% | +15.5% |
| 2020 | +10.7% | +4.4% | +8.7% |
| 2019 | -13.4% | +-0.0% | -3.4% |
| 2018 | -18.0% | -5.6% | +9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alliance On Mental Illness Of Racine County 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 Alliance On Mental Illness Of Racine County 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.2%.
Frequently Asked Questions about Alliance On Mental Illness Of Racine County Inc
Is Alliance On Mental Illness Of Racine County Inc a legitimate charity?
Alliance On Mental Illness Of Racine County Inc (EIN: 391341452) is a registered tax-exempt nonprofit based in Wisconsin. It has 12 years of IRS 990 filings on record. Total revenue: $397K. No red flags identified. Financial health grade: A.
How does Alliance On Mental Illness Of Racine County Inc spend its money?
Alliance On Mental Illness Of Racine County Inc reported $397K 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 On Mental Illness Of Racine County Inc tax-deductible?
Alliance On Mental Illness Of Racine County Inc is registered as a tax-exempt nonprofit (EIN: 391341452). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alliance On Mental Illness Of Racine County Inc located?
Alliance On Mental Illness Of Racine County Inc is headquartered in Racine, Wisconsin and files with the IRS under EIN 391341452.
How many years of IRS 990 filings does Alliance On Mental Illness Of Racine County Inc have?
Alliance On Mental Illness Of Racine County Inc 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 $397K in total revenue.
Filing History
IRS 990 filing history for Alliance On Mental Illness Of Racine County Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Alliance On Mental Illness Of Racine County Inc's revenue has grown by 33%, moving from $244K to $325K. Total assets increased by 205.8% over the same period, from $153K to $467K. Total functional expenses rose by 22.3%, from $236K to $288K. In its most recent filing year (2023), Alliance On Mental Illness Of Racine County Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $10K in liabilities against $467K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $457K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $325K | $288K | $467K | $10K | — | View 990 |
| 2021 | $232K | $195K | $431K | $51K | — | View 990 |
| 2020 | $214K | $218K | $373K | $45K | — | View 990 |
| 2019 | $193K | $209K | $343K | $11K | — | View 990 |
| 2018 | $223K | $209K | $356K | $7K | — | View 990 |
| 2017 | $272K | $221K | $326K | $3K | — | View 990 |
| 2016 | $249K | $224K | $273K | $2K | — | View 990 |
| 2015 | $294K | $216K | $250K | $3K | — | View 990 |
| 2014 | $238K | $214K | $168K | $3K | — | View 990 |
| 2013 | $204K | $214K | $140K | $3K | — | View 990 |
| 2012 | $242K | $248K | $147K | $5K | — | View 990 |
| 2011 | $244K | $236K | $153K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $325K, expenses of $288K, and assets of $467K (revenue +40.4% year-over-year).
- 2021: Revenue of $232K, expenses of $195K, and assets of $431K (revenue +8.2% year-over-year).
- 2020: Revenue of $214K, expenses of $218K, and assets of $373K (revenue +10.7% year-over-year).
- 2019: Revenue of $193K, expenses of $209K, and assets of $343K (revenue -13.4% year-over-year).
- 2018: Revenue of $223K, expenses of $209K, and assets of $356K (revenue -18.0% year-over-year).
- 2017: Revenue of $272K, expenses of $221K, and assets of $326K (revenue +9.3% year-over-year).
- 2016: Revenue of $249K, expenses of $224K, and assets of $273K (revenue -15.2% year-over-year).
- 2015: Revenue of $294K, expenses of $216K, and assets of $250K (revenue +23.4% year-over-year).
- 2014: Revenue of $238K, expenses of $214K, and assets of $168K (revenue +16.5% year-over-year).
- 2013: Revenue of $204K, expenses of $214K, and assets of $140K (revenue -15.4% year-over-year).
- 2012: Revenue of $242K, expenses of $248K, and assets of $147K (revenue -1.2% year-over-year).
- 2011: Revenue of $244K, expenses of $236K, and assets of $153K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alliance On Mental Illness Of Racine County Inc:
Data Sources and Methodology
This transparency report for Alliance On Mental Illness Of Racine County 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.