Alternative Living Solutions Of North Carolina
EIN: 813056493 · Charlotte, NC
| Metric | Value |
|---|---|
| Total Revenue | $216K |
| Total Expenses | $250K |
| Net Assets | $0 |
Is Alternative Living Solutions Of North Carolina 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 Solutions Of North Carolina
Alternative Living Solutions Of North Carolina (EIN: 813056493) is a nonprofit organization based in Charlotte, NC. The organization reported total revenue of $216K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alternative Living Solutions Of North Carolina's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alternative Living Solutions Of North Carolina is a small nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of 5317.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $250K |
| Surplus / Deficit | $-90,911 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | -57.2% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2022, Alternative Living Solutions Of North Carolina reported a deficit of $91K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 4 years of filings (2019–2022), Alternative Living Solutions Of North Carolina's revenue has grown at a compound annual growth rate (CAGR) of 5317.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +257.0% | +49.5% | -100.0% |
| 2021 | -92.9% | -33.6% | -36.0% |
| 2020 | +62394200.0% | +2764.9% | +39009400.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alternative Living Solutions Of North Carolina 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 Solutions Of North Carolina 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $91K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Alternative Living Solutions Of North Carolina
Is Alternative Living Solutions Of North Carolina a legitimate charity?
Alternative Living Solutions Of North Carolina (EIN: 813056493) is a registered tax-exempt nonprofit based in North Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $216K. No red flags identified. Financial health grade: D.
How does Alternative Living Solutions Of North Carolina spend its money?
Alternative Living Solutions Of North Carolina reported $216K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alternative Living Solutions Of North Carolina tax-deductible?
Alternative Living Solutions Of North Carolina is registered as a tax-exempt nonprofit (EIN: 813056493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alternative Living Solutions Of North Carolina located?
Alternative Living Solutions Of North Carolina is headquartered in Charlotte, North Carolina and files with the IRS under EIN 813056493.
How many years of IRS 990 filings does Alternative Living Solutions Of North Carolina have?
Alternative Living Solutions Of North Carolina has 4 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 $216K in total revenue.
Filing History
IRS 990 filing history for Alternative Living Solutions Of North Carolina showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), Alternative Living Solutions Of North Carolina's revenue has grown by 15896700%, moving from $1 to $159K. Total assets increased by 0% over the same period, from $1 to $1. Total functional expenses rose by 2742.8%, from $9K to $250K. In its most recent filing year (2022), Alternative Living Solutions Of North Carolina reported a deficit of $91K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $159K | $250K | $1 | $1 | — | View 990 |
| 2021 | $45K | $167K | $249K | $1 | — | View 990 |
| 2020 | $624K | $252K | $390K | $18K | — | View 990 |
| 2019 | $1 | $9K | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $159K, expenses of $250K, and assets of $1 (revenue +257.0% year-over-year).
- 2021: Revenue of $45K, expenses of $167K, and assets of $249K (revenue -92.9% year-over-year).
- 2020: Revenue of $624K, expenses of $252K, and assets of $390K (revenue +62394200.0% year-over-year).
- 2019: Revenue of $1, expenses of $9K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alternative Living Solutions Of North Carolina:
Data Sources and Methodology
This transparency report for Alternative Living Solutions Of North Carolina 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.