Alturas Institute Inc
EIN: 473209137 · Idaho Falls, ID · NTEE: B05
| Metric | Value |
|---|---|
| Total Expenses | $128K |
| Net Assets | $11K |
Is Alturas Institute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alturas Institute Inc
Alturas Institute Inc (EIN: 473209137) is a nonprofit organization based in Idaho Falls, ID, classified under NTEE code B05. The organization reported total revenue of $0 and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alturas Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alturas Institute Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $104K |
| Total Expenses | $128K |
| Surplus / Deficit | $-24,608 |
| Total Assets | $12K |
| Total Liabilities | $555 |
| Net Assets | $11K |
| Operating Margin | -23.7% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 1.1 months |
Financial Health Grade: C
In 2023, Alturas Institute Inc reported a deficit of $25K with expenses exceeding revenue, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Alturas Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.9% | -15.0% | -67.3% |
| 2022 | -13.0% | -16.8% | -33.2% |
| 2021 | -21.8% | +28.0% | -21.9% |
| 2020 | +164.5% | +68.0% | +1281.4% |
| 2019 | -53.4% | -45.7% | -68.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alturas Institute Inc 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 Alturas Institute Inc 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 $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Frequently Asked Questions about Alturas Institute Inc
Is Alturas Institute Inc a legitimate charity?
Alturas Institute Inc (EIN: 473209137) is a registered tax-exempt nonprofit based in Idaho. It has 9 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Alturas Institute Inc spend its money?
Alturas Institute Inc reported its financials in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alturas Institute Inc tax-deductible?
Alturas Institute Inc is registered as a tax-exempt nonprofit (EIN: 473209137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alturas Institute Inc located?
Alturas Institute Inc is headquartered in Idaho Falls, Idaho and files with the IRS under EIN 473209137. It is classified under NTEE code B05.
How many years of IRS 990 filings does Alturas Institute Inc have?
Alturas Institute Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Alturas Institute Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Alturas Institute Inc's revenue has grown by 1.9%, moving from $102K to $104K. Total assets decreased by 79.3% over the same period, from $58K to $12K. Total functional expenses rose by 186.5%, from $45K to $128K. In its most recent filing year (2023), Alturas Institute Inc reported a deficit of $25K, with expenses exceeding revenue. The organization holds $555 in liabilities against $12K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $104K | $128K | $12K | $555 | — | — |
| 2022 | $133K | $151K | $36K | $489 | — | View 990 |
| 2021 | $153K | $181K | $55K | $357 | — | View 990 |
| 2020 | $195K | $142K | $70K | $254 | — | View 990 |
| 2019 | $74K | $84K | $5K | $12 | — | View 990 |
| 2018 | $158K | $155K | $16K | $403 | — | View 990 |
| 2017 | $102K | $122K | $13K | $706 | — | View 990 |
| 2016 | $91K | $115K | $33K | $0 | — | View 990 |
| 2015 | $102K | $45K | $58K | $616 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $104K, expenses of $128K, and assets of $12K (revenue -21.9% year-over-year).
- 2022: Revenue of $133K, expenses of $151K, and assets of $36K (revenue -13.0% year-over-year).
- 2021: Revenue of $153K, expenses of $181K, and assets of $55K (revenue -21.8% year-over-year).
- 2020: Revenue of $195K, expenses of $142K, and assets of $70K (revenue +164.5% year-over-year).
- 2019: Revenue of $74K, expenses of $84K, and assets of $5K (revenue -53.4% year-over-year).
- 2018: Revenue of $158K, expenses of $155K, and assets of $16K (revenue +55.4% year-over-year).
- 2017: Revenue of $102K, expenses of $122K, and assets of $13K (revenue +11.8% year-over-year).
- 2016: Revenue of $91K, expenses of $115K, and assets of $33K (revenue -10.5% year-over-year).
- 2015: Revenue of $102K, expenses of $45K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alturas Institute Inc:
Data Sources and Methodology
This transparency report for Alturas Institute 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.