Ameritrust Cdc

Ameritrust Cdc shows consistent revenue but reported a significant deficit in its latest fiscal year.

EIN: 205644200 · Edmonds, WA · NTEE: S43 · Updated: 2026-03-28

$1.7MRevenue

$1.8MAssets

85/100Mission Score (Excellent)

S43

About Ameritrust Cdc

Ameritrust Cdc (EIN: 205644200) is a nonprofit organization based in Edmonds, WA, classified under NTEE code S43. The organization reported total revenue of $1.7M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ameritrust Cdc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Ameritrust Cdc demonstrates consistent financial activity, with revenues and expenses generally in the range of $1.2 million to $1.9 million over the past decade. The organization's assets have shown growth, reaching $1,885,797 in the latest filing (202309), indicating a stable asset base. However, the 202309 filing shows expenses ($1,978,052) exceeding revenue ($1,747,236) by over $230,000, which is a notable deficit compared to prior years where expenses were typically managed closer to or below revenue. This recent deficit warrants closer examination to understand its cause and sustainability.

The organization consistently reports 0% officer compensation across all available filings, which is a significant indicator of either a fully volunteer-led executive team or compensation being reported under different categories. If truly volunteer-led, this represents exceptional efficiency in leadership costs. However, without a detailed functional expense breakdown, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. The consistent reporting of zero officer compensation enhances transparency regarding executive pay, but a complete picture of operational efficiency requires more granular expense data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ameritrust Cdc with a Mission Score of 85 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Ameritrust Cdc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Ameritrust Cdc consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or compensation being categorized differently, which is highly efficient for an organization of its size with revenues exceeding $1.7 million.

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 Ameritrust Cdc's IRS 990 filings:

Significant deficit in the latest fiscal year (202309) where expenses exceeded revenue by over $230,000.
Lack of detailed functional expense breakdown in available data makes it difficult to fully assess program vs. administrative spending efficiency.

Strengths

The following positive indicators were identified for Ameritrust Cdc:

Consistent revenue generation over the past decade, generally above $1.2 million annually.
Strong asset base, growing to $1,885,797 in the latest filing.
Exceptional efficiency in executive compensation, consistently reporting 0% officer compensation.
Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.

Frequently Asked Questions about Ameritrust Cdc

Why did Ameritrust Cdc's expenses exceed its revenue by over $230,000 in the 202309 fiscal period?

The latest filing shows expenses of $1,978,052 against revenues of $1,747,236, a significant departure from previous years where expenses were generally in line with or below revenue. This could be due to one-time investments, increased program costs, or operational inefficiencies that need further investigation.

How does Ameritrust Cdc manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be entirely volunteer-based or that compensation is reported under other expense categories. If truly volunteer-led, this is a remarkable demonstration of cost efficiency.

What is the organization's strategy for managing its liabilities, which have fluctuated significantly?

Liabilities have varied, from a low of $590,508 in 201709 to a high of $1,185,809 in 201909, and are currently $960,034 in 202309. Understanding the nature of these liabilities and the organization's repayment strategy is important for long-term financial health.

Filing History

IRS 990 filing history for Ameritrust Cdc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Ameritrust Cdc's revenue has grown by 91.1%, moving from $914K to $1.7M. Total assets increased by 252.6% over the same period, from $535K to $1.9M. Total functional expenses rose by 121%, from $895K to $2.0M. In its most recent filing year (2023), Ameritrust Cdc reported a deficit of $231K, with expenses exceeding revenue. The organization holds $960K in liabilities against $1.9M in assets (debt-to-asset ratio: 50.9%), resulting in net assets of $926K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.7M	$2.0M	$1.9M	$960K	—	View 990
2022	$1.7M	$1.7M	$1.8M	$620K	—	View 990
2021	$1.9M	$1.6M	$1.8M	$638K	—	View 990
2020	$1.8M	$1.5M	$2.0M	$1.1M	—	—
2019	$1.6M	$1.5M	$1.8M	$1.2M	—	View 990
2018	$1.4M	$1.4M	$1.4M	$902K	—	View 990
2017	$1.4M	$1.4M	$992K	$591K	—	View 990
2016	$1.4M	$1.3M	$1.2M	$826K	—	View 990
2015	$1.4M	$1.3M	$1.3M	$1.0M	—	View 990
2014	$1.2M	$1.2M	$1.1M	$871K	—	View 990
2013	$1.3M	$1.2M	$880K	$702K	—	View 990
2012	$1.2M	$1.1M	$821K	$742K	—	View 990
2011	$914K	$895K	$535K	$613K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.7M, expenses of $2.0M, and assets of $1.9M (revenue +3.1% year-over-year).
2022: Revenue of $1.7M, expenses of $1.7M, and assets of $1.8M (revenue -10.4% year-over-year).
2021: Revenue of $1.9M, expenses of $1.6M, and assets of $1.8M (revenue +4.8% year-over-year).
2020: Revenue of $1.8M, expenses of $1.5M, and assets of $2.0M (revenue +10.0% year-over-year).
2019: Revenue of $1.6M, expenses of $1.5M, and assets of $1.8M (revenue +15.2% year-over-year).
2018: Revenue of $1.4M, expenses of $1.4M, and assets of $1.4M (revenue +1.5% year-over-year).
2017: Revenue of $1.4M, expenses of $1.4M, and assets of $992K (revenue +2.7% year-over-year).
2016: Revenue of $1.4M, expenses of $1.3M, and assets of $1.2M (revenue -0.5% year-over-year).
2015: Revenue of $1.4M, expenses of $1.3M, and assets of $1.3M (revenue +12.8% year-over-year).
2014: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue -4.9% year-over-year).
2013: Revenue of $1.3M, expenses of $1.2M, and assets of $880K (revenue +4.2% year-over-year).
2012: Revenue of $1.2M, expenses of $1.1M, and assets of $821K (revenue +34.3% year-over-year).
2011: Revenue of $914K, expenses of $895K, and assets of $535K.

Data Sources and Methodology

This transparency report for Ameritrust Cdc 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.