Alpha One

Alpha One shows consistent revenue growth and healthy financial surpluses over the past decade.

EIN: 10368096 · South Portland, ME · NTEE: P44Z · Updated: 2026-03-28

$43.6MRevenue
$43.4MGross Revenue
$23.0MAssets
90/100Mission Score (Excellent)
P44Z
Alpha One Financial Summary
MetricValue
Total Revenue$43.6M
Total Expenses$28.1M
Program Spending85%
Net Assets$8.8M
Transparency Score90/100

Search Intent Cockpit

Alpha One Form 990, Revenue, CEO Pay, and IRS Filing Signals

Alpha One is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Alpha One in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $29.8M and expenses of $28.1M.

Revenue and Expenses

Alpha One reported $29.8M in revenue and $28.1M in expenses, a surplus of $1.6M.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

90/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.

Is Alpha One Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Alpha One Expense Deployment
Program services$23.9M (85%)

Across stored filings, Alpha One shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Alpha One Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend85% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Human Services context

Trust Check

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Donation Decision Flow

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2

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85% of spending goes to programs.

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Alpha One directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Alpha One

Alpha One (EIN: 10368096) is a nonprofit organization based in South Portland, ME, classified under NTEE code P44Z. The organization reported total revenue of $43.6M and total assets of $23.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha One's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

45Years Operating
LargeSize Classification
13Years of Filings
GrowingRevenue Trajectory

Alpha One is a large nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$29.8M
Total Expenses$28.1M
Surplus / Deficit+$1.6M
Total Assets$16.6M
Total Liabilities$7.8M
Net Assets$8.8M
Operating Margin5.4%
Debt-to-Asset Ratio46.9%
Months of Reserves7.1 months

Financial Health Grade: A

In 2023, Alpha One reported a surplus of $1.6M with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 46.9% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Alpha One's revenue has grown at a compound annual growth rate (CAGR) of 19.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+27.7%+38.0%+13.6%
2022+5.5%+0.9%+36.1%
2021+25.8%+22.2%+22.7%
2020+19.7%+21.4%+27.5%
2019+2.8%+7.8%+65.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1981

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Alpha One demonstrates strong financial health and growth, with revenue increasing significantly from $3,632,579 in 2014 to $29,763,880 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $29,763,880 exceeded expenses of $28,147,573. This indicates effective financial management and sustainability. The organization's assets have also grown substantially, from $990,792 in 2014 to $16,612,335 in 2023, outpacing liabilities and strengthening its balance sheet. Spending efficiency appears to be robust, given the consistent surpluses and growth in net assets. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial trajectory suggests that the organization is managing its resources effectively to support its mission. The absence of reported officer compensation across all filings indicates a commitment to minimizing overhead in this area, which is a positive sign for donor confidence. Transparency is generally good, with a consistent history of IRS 990 filings over 13 periods. The readily available financial data allows for a clear understanding of the organization's financial performance and growth. The lack of reported officer compensation further enhances the perception of transparency and responsible financial stewardship.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Alpha One with a Mission Score of 90 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Alpha One allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$29.8MTotal Revenue
$28.1MTotal Expenses
$16.6MTotal Assets
$7.8MTotal Liabilities
$8.8MNet Assets
  • The organization reported a surplus of $1.6M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 46.9%.

Executive Compensation Analysis

Alpha One consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size and revenue, suggesting either volunteer leadership or compensation is reported under other expense categories.

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 Alpha One's IRS 990 filings:

  • Unusually low or zero reported officer compensation for an organization of this scale, which might indicate compensation is categorized differently or leadership is entirely volunteer-based, warranting further investigation into compensation practices.

Strengths

The following positive indicators were identified for Alpha One:

  • Consistent and substantial revenue growth, from $3.6M in 2014 to $29.7M in 2023.
  • Healthy operating surpluses in most years, indicating sound financial management (e.g., $1.6M surplus in 2023).
  • Strong asset growth, with assets increasing from $0.99M in 2014 to $16.6M in 2023, improving financial stability.
  • Positive asset-to-liability ratio, demonstrating a strong balance sheet (e.g., 2.13:1 in 2023).
  • Consistent IRS 990 filing history, indicating good transparency.

Frequently Asked Questions about Alpha One

Is Alpha One a legitimate charity?

Alpha One (EIN: 10368096) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $43.6M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Alpha One spend its money?

Alpha One directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Alpha One tax-deductible?

Alpha One is registered as a tax-exempt nonprofit (EIN: 10368096). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Alpha One's spending goes to programs?

Alpha One directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Alpha One compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Alpha One is above average for NTEE category P44Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Alpha One located?

Alpha One is headquartered in South Portland, Maine and files with the IRS under EIN 10368096. It is classified under NTEE code P44Z.

How many years of IRS 990 filings does Alpha One have?

Alpha One has 13 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 $43.6M in total revenue.

Is Alpha One a good charity?

Based on the provided financial data, Alpha One appears to be a financially healthy and well-managed charity, demonstrating consistent revenue growth and operating surpluses. The absence of reported officer compensation is a notable positive for efficiency.

How has Alpha One's revenue grown over time?

Alpha One has experienced significant revenue growth, increasing from $3,632,579 in 2014 to $29,763,880 in 2023, representing an almost tenfold increase in less than a decade.

What is Alpha One's asset-to-liability ratio?

In 2023, Alpha One's assets were $16,612,335 and liabilities were $7,789,842, resulting in an asset-to-liability ratio of approximately 2.13:1, indicating a strong financial position.

Does Alpha One spend efficiently?

Alpha One consistently operates with a surplus, for example, in 2023, revenue of $29,763,880 exceeded expenses of $28,147,573. This suggests efficient management of resources relative to its operations.

Filing History

IRS 990 filing history for Alpha One showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Alpha One's revenue has grown by 772.4%, moving from $3.4M to $29.8M. Total assets increased by 1607% over the same period, from $973K to $16.6M. Total functional expenses rose by 736%, from $3.4M to $28.1M. In its most recent filing year (2023), Alpha One reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $7.8M in liabilities against $16.6M in assets (debt-to-asset ratio: 46.9%), resulting in net assets of $8.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $29.8M $28.1M $16.6M $7.8M View 990
2022 $23.3M $20.4M $14.6M $7.4M View 990
2021 $22.1M $20.2M $10.7M $6.4M View 990
2020 $17.6M $16.5M $8.8M $6.3M View 990
2019 $14.7M $13.6M $6.9M $5.5M View 990
2018 $14.3M $12.6M $4.2M $3.8M View 990
2017 $10.3M $10.1M $2.7M $4.1M View 990
2016 $3.6M $3.8M $1.2M $2.7M View 990
2015 $3.9M $4.0M $1.2M $2.4M View 990
2014 $3.6M $3.7M $991K $2.2M View 990
2013 $3.9M $3.9M $757K $1.8M View 990
2012 $3.3M $3.3M $734K $1.7M View 990
2011 $3.4M $3.4M $973K $2.6M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $29.8M, expenses of $28.1M, and assets of $16.6M (revenue +27.7% year-over-year).
  • 2022: Revenue of $23.3M, expenses of $20.4M, and assets of $14.6M (revenue +5.5% year-over-year).
  • 2021: Revenue of $22.1M, expenses of $20.2M, and assets of $10.7M (revenue +25.8% year-over-year).
  • 2020: Revenue of $17.6M, expenses of $16.5M, and assets of $8.8M (revenue +19.7% year-over-year).
  • 2019: Revenue of $14.7M, expenses of $13.6M, and assets of $6.9M (revenue +2.8% year-over-year).
  • 2018: Revenue of $14.3M, expenses of $12.6M, and assets of $4.2M (revenue +38.1% year-over-year).
  • 2017: Revenue of $10.3M, expenses of $10.1M, and assets of $2.7M (revenue +186.6% year-over-year).
  • 2016: Revenue of $3.6M, expenses of $3.8M, and assets of $1.2M (revenue -7.6% year-over-year).
  • 2015: Revenue of $3.9M, expenses of $4.0M, and assets of $1.2M (revenue +7.5% year-over-year).
  • 2014: Revenue of $3.6M, expenses of $3.7M, and assets of $991K (revenue -5.9% year-over-year).
  • 2013: Revenue of $3.9M, expenses of $3.9M, and assets of $757K (revenue +16.8% year-over-year).
  • 2012: Revenue of $3.3M, expenses of $3.3M, and assets of $734K (revenue -3.1% year-over-year).
  • 2011: Revenue of $3.4M, expenses of $3.4M, and assets of $973K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Alpha One:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Alpha One 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.

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