Altair Aco
EIN: 873063996 · Saint Paul, MN · NTEE: E92
| Metric | Value |
|---|---|
| Total Revenue | $628K |
| Total Expenses | $611K |
| Net Assets | $158K |
Is Altair Aco Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Altair Aco
Altair Aco (EIN: 873063996) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code E92. The organization reported total revenue of $628K and total assets of $320K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Altair Aco's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Altair Aco is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -19.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $599K |
| Total Expenses | $611K |
| Surplus / Deficit | $-12,127 |
| Total Assets | $306K |
| Total Liabilities | $148K |
| Net Assets | $158K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 48.3% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Altair Aco reported a deficit of $12K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 48.3% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Altair Aco's revenue has declined at a compound annual growth rate (CAGR) of -19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.3% | +6.8% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Altair Aco 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 Altair Aco 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 deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.3%.
Frequently Asked Questions about Altair Aco
Is Altair Aco a legitimate charity?
Altair Aco (EIN: 873063996) is a registered tax-exempt nonprofit based in Minnesota. It has 2 years of IRS 990 filings on record. Total revenue: $628K. No red flags identified. Financial health grade: B.
How does Altair Aco spend its money?
Altair Aco reported $628K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Altair Aco tax-deductible?
Altair Aco is registered as a tax-exempt nonprofit (EIN: 873063996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Altair Aco located?
Altair Aco is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 873063996. It is classified under NTEE code E92.
How many years of IRS 990 filings does Altair Aco have?
Altair Aco has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $628K in total revenue.
Filing History
IRS 990 filing history for Altair Aco showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Altair Aco's revenue has declined by 19.3%, moving from $742K to $599K. Total assets decreased by 2.6% over the same period, from $314K to $306K. Total functional expenses rose by 6.8%, from $572K to $611K. In its most recent filing year (2023), Altair Aco reported a deficit of $12K, with expenses exceeding revenue. The organization holds $148K in liabilities against $306K in assets (debt-to-asset ratio: 48.3%), resulting in net assets of $158K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $599K | $611K | $306K | $148K | — | View 990 |
| 2022 | $742K | $572K | $314K | $144K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Altair Aco:
Data Sources and Methodology
This transparency report for Altair Aco 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.