Alosa Health Inc
Alosa Health Inc. consistently grows revenue and assets with no reported officer compensation.
EIN: 202028893 · Boston, MA · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $8.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $7.5M |
| Transparency Score | 95/100 |
Is Alosa Health Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alosa Health Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alosa Health Inc
Alosa Health Inc (EIN: 202028893) is a nonprofit organization based in Boston, MA, classified under NTEE code P20. The organization reported total revenue of $6.9M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alosa Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alosa Health Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.8M |
| Total Expenses | $8.1M |
| Surplus / Deficit | +$699K |
| Total Assets | $10.8M |
| Total Liabilities | $3.3M |
| Net Assets | $7.5M |
| Operating Margin | 7.9% |
| Debt-to-Asset Ratio | 30.5% |
| Months of Reserves | 15.9 months |
Financial Health Grade: A
In 2023, Alosa Health Inc reported a surplus of $699K with revenue exceeding expenses, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 30.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Alosa Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.6% | +27.7% | +10.9% |
| 2022 | +28.2% | +25.5% | +43.8% |
| 2021 | -25.9% | -0.3% | -16.5% |
| 2020 | +28.2% | +11.0% | +10.3% |
| 2019 | +91.7% | +57.7% | +151.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Alosa Health Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Alosa Health Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $699K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.5%.
Executive Compensation Analysis
Alosa Health Inc. reports 0% officer compensation across all available filings, indicating that no salaries were paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size with over $8 million in annual expenses.
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 Alosa Health Inc's IRS 990 filings:
- Unusually low reported liabilities in 2021 ($309,032) compared to prior and subsequent years, which might warrant further investigation into the nature of this fluctuation.
Strengths
The following positive indicators were identified for Alosa Health Inc:
- Consistent revenue growth, increasing from $2.9 million in 2014 to $8.8 million in 2023.
- Strong asset growth, reaching over $10.8 million by 2023.
- Consistent operational surpluses, indicating sound financial management.
- 0% reported officer compensation across all filings, suggesting high efficiency in directing funds to programs.
- Healthy asset-to-liability ratio, indicating strong financial solvency.
Frequently Asked Questions about Alosa Health Inc
Is Alosa Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alosa Health Inc (EIN: 202028893) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Alosa Health Inc spend its money?
Alosa Health Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alosa Health Inc tax-deductible?
Alosa Health Inc is registered as a tax-exempt nonprofit (EIN: 202028893). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Alosa Health Inc CEO make?
Alosa Health Inc's highest-compensated officer earns $8 annually. The organization reported $6.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Alosa Health Inc's spending goes to programs?
Alosa Health Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Alosa Health Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Alosa Health Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alosa Health Inc located?
Alosa Health Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 202028893. It is classified under NTEE code P20.
How many years of IRS 990 filings does Alosa Health Inc have?
Alosa Health Inc has 14 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 $6.9M in total revenue.
Is Alosa Health Inc. a good charity?
Based on its financial data, Alosa Health Inc. appears to be a very good charity. It consistently generates surpluses, has growing assets, and reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has Alosa Health Inc.'s revenue trended over the last decade?
Alosa Health Inc. has shown significant revenue growth, increasing from $2,967,886 in 2014 to $8,837,123 in 2023, demonstrating a strong upward trend.
What is Alosa Health Inc.'s financial stability?
The organization exhibits strong financial stability, consistently operating with a surplus and growing its assets from $2,548,957 in 2014 to $10,807,437 in 2023, while maintaining manageable liabilities.
Filing History
IRS 990 filing history for Alosa Health Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Alosa Health Inc's revenue has grown by 190.8%, moving from $3.0M to $8.8M. Total assets increased by 544.2% over the same period, from $1.7M to $10.8M. Total functional expenses rose by 228.7%, from $2.5M to $8.1M. In its most recent filing year (2023), Alosa Health Inc reported a surplus of $699K, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $10.8M in assets (debt-to-asset ratio: 30.5%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.8M | $8.1M | $10.8M | $3.3M | — | — |
| 2022 | $6.9M | $6.4M | $9.7M | $3.0M | — | View 990 |
| 2021 | $5.4M | $5.1M | $6.8M | $309K | — | View 990 |
| 2020 | $7.3M | $5.1M | $8.1M | $2.2M | — | View 990 |
| 2019 | $5.7M | $4.6M | $7.4M | $3.5M | — | View 990 |
| 2018 | $3.0M | $2.9M | $2.9M | $298K | — | View 990 |
| 2017 | $2.3M | $2.3M | $2.8M | $193K | — | — |
| 2016 | $2.8M | $2.6M | $2.7M | $162K | — | View 990 |
| 2015 | $2.4M | $2.5M | $2.5M | $196K | — | View 990 |
| 2014 | $3.0M | $2.3M | $2.5M | $164K | — | View 990 |
| 2013 | $2.9M | $2.5M | $2.2M | $426K | — | View 990 |
| 2012 | $651K | $630K | $1.8M | $386K | — | View 990 |
| 2012 | $2.1M | $2.3M | $1.6M | $168K | — | View 990 |
| 2011 | $3.0M | $2.5M | $1.7M | $97K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.8M, expenses of $8.1M, and assets of $10.8M (revenue +27.6% year-over-year).
- 2022: Revenue of $6.9M, expenses of $6.4M, and assets of $9.7M (revenue +28.2% year-over-year).
- 2021: Revenue of $5.4M, expenses of $5.1M, and assets of $6.8M (revenue -25.9% year-over-year).
- 2020: Revenue of $7.3M, expenses of $5.1M, and assets of $8.1M (revenue +28.2% year-over-year).
- 2019: Revenue of $5.7M, expenses of $4.6M, and assets of $7.4M (revenue +91.7% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.9M, and assets of $2.9M (revenue +29.6% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.3M, and assets of $2.8M (revenue -18.7% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.6M, and assets of $2.7M (revenue +17.3% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.5M, and assets of $2.5M (revenue -19.1% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.3M, and assets of $2.5M (revenue +3.6% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.5M, and assets of $2.2M (revenue +340.1% year-over-year).
- 2012: Revenue of $651K, expenses of $630K, and assets of $1.8M (revenue -69.5% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.3M, and assets of $1.6M (revenue -29.7% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.5M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alosa Health Inc:
Data Sources and Methodology
This transparency report for Alosa Health 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.