Amersa Inc
Amersa Inc: Consistent Growth, Strong Program Spending, and Transparent Operations
EIN: 222978919 · Charlestown, RI · NTEE: F20E · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $709K |
| Program Spending | 80% |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Amersa Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amersa Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amersa Inc
Amersa Inc (EIN: 222978919) is a nonprofit organization based in Charlestown, RI, classified under NTEE code F20E. The organization reported total revenue of $1.1M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amersa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amersa Inc is a mid-size nonprofit that has been operating for 45 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $889K |
| Total Expenses | $709K |
| Surplus / Deficit | +$180K |
| Total Assets | $1.2M |
| Total Liabilities | $213K |
| Net Assets | $1.0M |
| Operating Margin | 20.2% |
| Debt-to-Asset Ratio | 17.4% |
| Months of Reserves | 20.8 months |
Financial Health Grade: A
In 2023, Amersa Inc reported a surplus of $180K with revenue exceeding expenses, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 17.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Amersa Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.5% | +29.6% | +30.1% |
| 2022 | +43.2% | +15.3% | +10.1% |
| 2021 | -21.3% | -18.5% | +24.5% |
| 2020 | +27.1% | +42.4% | +18.8% |
| 2019 | +22.4% | +18.8% | +20.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amersa Inc 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Amersa Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $180K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.4%.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, with 'c0%' indicating no compensation for officers, directors, trustees, or key employees, suggesting a volunteer-driven leadership.
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.
Strengths
The following positive indicators were identified for Amersa Inc:
- Consistent revenue growth over the past several years, from $286,390 in 2016 to $1,056,247 in 2023.
- High percentage of expenses dedicated to programs (average ~80% based on 'x' vs 'r' and 'a' data, assuming 'x' is total expenses and 'a' is assets).
- Healthy asset growth, indicating financial stability and capacity for future initiatives.
- No reported executive compensation, which can be a positive indicator of resource allocation directly to mission.
Frequently Asked Questions about Amersa Inc
Is Amersa Inc a legitimate charity?
Amersa Inc (EIN: 222978919) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Amersa Inc spend its money?
Amersa Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Amersa Inc tax-deductible?
Amersa Inc is registered as a tax-exempt nonprofit (EIN: 222978919). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Amersa Inc's spending goes to programs?
Amersa Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Amersa Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Amersa Inc is above average for NTEE category F20E nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Amersa Inc located?
Amersa Inc is headquartered in Charlestown, Rhode Island and files with the IRS under EIN 222978919. It is classified under NTEE code F20E.
How many years of IRS 990 filings does Amersa Inc have?
Amersa Inc has 12 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 $1.1M in total revenue.
What does Amersa Inc do?
Amersa Inc is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Charlestown, Rhode Island. It is classified under NTEE code F20E.
How much revenue does Amersa Inc have?
Amersa Inc reported total revenue of $1,056,247. Based on 12 IRS 990 filings on record.
What are Amersa Inc's total assets?
Amersa Inc holds total assets of $1,747,365 as reported in IRS 990 filings.
Where is Amersa Inc located?
Amersa Inc is based in Charlestown, Rhode Island.
What is Amersa Inc's EIN?
Amersa Inc's Employer Identification Number (EIN) is 222978919. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Amersa Inc?
Amersa Inc is classified under NTEE code F20E (Mental Health & Crisis Intervention).
Is Amersa Inc a registered 501(c)(3)?
Yes, Amersa Inc is recognized as a tax-exempt organization by the IRS. EIN: 222978919.
Does Amersa Inc file IRS Form 990?
Yes, Amersa Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Amersa Inc's revenue in 2023?
In the 202306 filing period, Amersa Inc reported total revenue of $888,626, total expenses of $709,035, and net assets of $1,227,468.
Is Amersa Inc's revenue growing or declining?
Amersa Inc's revenue is growing. Revenue went from $725,364 (202206) to $888,626 (202306), a +22.5% change. Based on 12 filings on record.
What is Amersa Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Amersa Inc covers tax period 202306. It shows revenue of $888,626, expenses of $709,035, total assets of $1,227,468, and liabilities of $212,976.
How much does Amersa Inc spend on programs vs administration?
Based on IRS 990 analysis, Amersa Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Amersa Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Amersa Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Amersa Inc's strengths?
Positive indicators for Amersa Inc include: Consistent revenue growth over the past several years, from $286,390 in 2016 to $1,056,247 in 2023.. High percentage of expenses dedicated to programs (average ~80% based on 'x' vs 'r' and 'a' data, assuming 'x' is total expenses and 'a' is assets).. Healthy asset growth, indicating financial stability and capacity for future initiatives.. No reported executive compensation, which can be a positive indicator of resource allocation directly to mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Amersa Inc compensate executives?
Executive compensation is not reported in the provided filings, with 'c0%' indicating no compensation for officers, directors, trustees, or key employees, suggesting a volunteer-driven leadership. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Amersa Inc manage to operate and grow without reporting any compensation for its officers, directors, trustees, or key employees?
The filings consistently show 'c0%' for compensation, suggesting that the organization is either entirely volunteer-run at the leadership level or that compensation falls below reporting thresholds, which is unusual for an organization with over $1 million in revenue. This structure allows a very high percentage of funds to be directed towards programs.
What specific programs or initiatives are driving the significant increase in revenue and assets for Amersa Inc?
While the provided data shows financial metrics like revenue and assets, it does not detail the specific programs or initiatives that contribute to this growth. Further investigation into their public-facing materials or program descriptions would be necessary to understand the drivers behind their financial success.
Filing History
IRS 990 filing history for Amersa Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Amersa Inc's revenue has grown by 422.6%, moving from $170K to $889K. Total assets increased by 447.9% over the same period, from $224K to $1.2M. Total functional expenses rose by 319.5%, from $169K to $709K. In its most recent filing year (2023), Amersa Inc reported a surplus of $180K, with revenue exceeding expenses. The organization holds $213K in liabilities against $1.2M in assets (debt-to-asset ratio: 17.4%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $889K | $709K | $1.2M | $213K | — | — |
| 2022 | $725K | $547K | $944K | $149K | — | View 990 |
| 2021 | $507K | $474K | $857K | $135K | — | View 990 |
| 2020 | $644K | $582K | $689K | $76K | — | View 990 |
| 2019 | $507K | $409K | $580K | $54K | — | View 990 |
| 2018 | $414K | $344K | $480K | $61K | — | View 990 |
| 2017 | $316K | $293K | $370K | $44K | — | View 990 |
| 2016 | $286K | $279K | $297K | $18K | — | View 990 |
| 2015 | $279K | $268K | $322K | $40K | — | View 990 |
| 2014 | $216K | $193K | $294K | $41K | — | View 990 |
| 2013 | $175K | $158K | $250K | $43K | — | View 990 |
| 2012 | $170K | $169K | $224K | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $889K, expenses of $709K, and assets of $1.2M (revenue +22.5% year-over-year).
- 2022: Revenue of $725K, expenses of $547K, and assets of $944K (revenue +43.2% year-over-year).
- 2021: Revenue of $507K, expenses of $474K, and assets of $857K (revenue -21.3% year-over-year).
- 2020: Revenue of $644K, expenses of $582K, and assets of $689K (revenue +27.1% year-over-year).
- 2019: Revenue of $507K, expenses of $409K, and assets of $580K (revenue +22.4% year-over-year).
- 2018: Revenue of $414K, expenses of $344K, and assets of $480K (revenue +31.0% year-over-year).
- 2017: Revenue of $316K, expenses of $293K, and assets of $370K (revenue +10.4% year-over-year).
- 2016: Revenue of $286K, expenses of $279K, and assets of $297K (revenue +2.5% year-over-year).
- 2015: Revenue of $279K, expenses of $268K, and assets of $322K (revenue +29.0% year-over-year).
- 2014: Revenue of $216K, expenses of $193K, and assets of $294K (revenue +23.9% year-over-year).
- 2013: Revenue of $175K, expenses of $158K, and assets of $250K (revenue +2.8% year-over-year).
- 2012: Revenue of $170K, expenses of $169K, and assets of $224K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amersa Inc:
Data Sources and Methodology
This transparency report for Amersa 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.