Alternative Living Corporation
EIN: 421222124 · Oelwein, IA · NTEE: P73Z
| Metric | Value |
|---|---|
| Total Revenue | $259K |
| Total Expenses | $137K |
| Net Assets | $298K |
Is Alternative Living Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alternative Living Corporation
Alternative Living Corporation (EIN: 421222124) is a nonprofit organization based in Oelwein, IA, classified under NTEE code P73Z. The organization reported total revenue of $259K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alternative Living Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alternative Living Corporation is a small nonprofit that has been operating for 42 years, with 8 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of -13.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $179K |
| Total Expenses | $137K |
| Surplus / Deficit | +$43K |
| Total Assets | $298K |
| Net Assets | $298K |
| Operating Margin | 23.9% |
| Months of Reserves | 26.2 months |
Financial Health Grade: A
In 2019, Alternative Living Corporation reported a surplus of $43K with revenue exceeding expenses, holds 26.2 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2012–2019), Alternative Living Corporation's revenue has declined at a compound annual growth rate (CAGR) of -13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -67.0% | -67.7% | +6.6% |
| 2018 | +16.4% | -7.8% | +58.1% |
| 2017 | -8.8% | -3.0% | +3.9% |
| 2016 | +10.2% | +-0.0% | +0.6% |
| 2015 | -0.1% | -0.7% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alternative Living Corporation 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 Alternative Living Corporation 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $43K, with revenue exceeding expenses.
Frequently Asked Questions about Alternative Living Corporation
Is Alternative Living Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Alternative Living Corporation (EIN: 421222124) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alternative Living Corporation spend its money?
Detailed spending breakdown data is not yet available for Alternative Living Corporation. Check back for updated IRS 990 analysis.
Are donations to Alternative Living Corporation tax-deductible?
Alternative Living Corporation is registered as a tax-exempt nonprofit (EIN: 421222124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alternative Living Corporation located?
Alternative Living Corporation is headquartered in Oelwein, Iowa and files with the IRS under EIN 421222124. It is classified under NTEE code P73Z.
How many years of IRS 990 filings does Alternative Living Corporation have?
Alternative Living Corporation has 8 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 $259K in total revenue.
Filing History
IRS 990 filing history for Alternative Living Corporation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Alternative Living Corporation's revenue has declined by 63%, moving from $485K to $179K. Total assets increased by 56.5% over the same period, from $190K to $298K. Total functional expenses fell by 71.2%, from $473K to $137K. In its most recent filing year (2019), Alternative Living Corporation reported a surplus of $43K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $179K | $137K | $298K | $0 | — | View 990 |
| 2018 | $544K | $422K | $279K | $25K | — | View 990 |
| 2017 | $467K | $458K | $177K | $12K | — | View 990 |
| 2016 | $512K | $472K | $170K | $17K | — | View 990 |
| 2015 | $465K | $473K | $169K | $52K | — | View 990 |
| 2014 | $465K | $476K | $163K | $38K | — | View 990 |
| 2013 | $432K | $480K | $170K | $48K | — | View 990 |
| 2012 | $485K | $473K | $190K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $179K, expenses of $137K, and assets of $298K (revenue -67.0% year-over-year).
- 2018: Revenue of $544K, expenses of $422K, and assets of $279K (revenue +16.4% year-over-year).
- 2017: Revenue of $467K, expenses of $458K, and assets of $177K (revenue -8.8% year-over-year).
- 2016: Revenue of $512K, expenses of $472K, and assets of $170K (revenue +10.2% year-over-year).
- 2015: Revenue of $465K, expenses of $473K, and assets of $169K (revenue -0.1% year-over-year).
- 2014: Revenue of $465K, expenses of $476K, and assets of $163K (revenue +7.7% year-over-year).
- 2013: Revenue of $432K, expenses of $480K, and assets of $170K (revenue -10.9% year-over-year).
- 2012: Revenue of $485K, expenses of $473K, and assets of $190K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alternative Living Corporation:
Data Sources and Methodology
This transparency report for Alternative Living Corporation 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.