Apelah Inc
Apelah Inc. faces consecutive years of operational deficits despite substantial assets.
EIN: 201650360 · Ridgeland, MS · NTEE: P32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $3.2M |
| Program Spending | 85% |
| Net Assets | $7.5M |
| Transparency Score | 65/100 |
Is Apelah Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Apelah Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Apelah Inc
Apelah Inc (EIN: 201650360) is a nonprofit organization based in Ridgeland, MS, classified under NTEE code P32. The organization reported total revenue of $7.8M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apelah Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apelah Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-718,325 |
| Total Assets | $7.6M |
| Total Liabilities | $107K |
| Net Assets | $7.5M |
| Operating Margin | -29.2% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 28.7 months |
Financial Health Grade: B
In 2023, Apelah Inc reported a deficit of $718K with expenses exceeding revenue, holds 28.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Apelah Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.6% | -12.2% | -9.3% |
| 2022 | -9.8% | +16.1% | -20.7% |
| 2021 | -0.9% | +5.8% | +14.6% |
| 2020 | -10.6% | -7.6% | +12.9% |
| 2019 | -11.9% | -11.4% | +23.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Apelah Inc with a Mission Score of 65 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Apelah Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $718K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Apelah Inc. reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, which is a strong positive for transparency and resource allocation.
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 Apelah Inc's IRS 990 filings:
- Consecutive years of significant operational deficits ($718,325 in 2023, $595,582 in 2022).
- Consistent decline in revenue over the past five years, from $4,295,388 in 2018 to $2,459,515 in 2023.
Strengths
The following positive indicators were identified for Apelah Inc:
- No reported officer compensation, indicating strong financial stewardship at the executive level.
- Maintains a substantial asset base ($7,600,967 in 2023) which provides a buffer against short-term financial challenges.
- Effective management of liabilities, which significantly decreased to $107,015 in 2023.
Frequently Asked Questions about Apelah Inc
Is Apelah Inc a legitimate charity?
Apelah Inc (EIN: 201650360) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.8M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Apelah Inc spend its money?
Apelah Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Apelah Inc tax-deductible?
Apelah Inc is registered as a tax-exempt nonprofit (EIN: 201650360). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Apelah Inc's spending goes to programs?
Apelah Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Apelah Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Apelah Inc is above average for NTEE category P32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Apelah Inc located?
Apelah Inc is headquartered in Ridgeland, Mississippi and files with the IRS under EIN 201650360. It is classified under NTEE code P32.
How many years of IRS 990 filings does Apelah Inc have?
Apelah Inc has 13 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 $7.8M in total revenue.
Is Apelah Inc. financially stable given its recent deficits?
Apelah Inc. has reported operational deficits in its two most recent filings (2023 and 2022), with expenses exceeding revenue by $718,325 and $595,582 respectively. While it holds significant assets ($7,600,967 in 2023), these deficits are unsustainable and could impact long-term stability if not reversed.
What caused the significant drop in revenue from 2018 to 2023?
Revenue has steadily declined from a peak of $4,295,388 in 2018 to $2,459,515 in 2023, a decrease of over 40%. The specific reasons for this decline are not detailed in the provided data but warrant further investigation.
How does Apelah Inc. manage its liabilities?
Liabilities have fluctuated, reaching a high of $1,223,579 in 2021 and decreasing to $107,015 in 2023. The organization appears to be managing its liabilities effectively, especially in the most recent period.
Filing History
IRS 990 filing history for Apelah Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Apelah Inc's revenue has declined by 7.4%, moving from $2.7M to $2.5M. Total assets increased by 201.5% over the same period, from $2.5M to $7.6M. Total functional expenses rose by 22.6%, from $2.6M to $3.2M. In its most recent filing year (2023), Apelah Inc reported a deficit of $718K, with expenses exceeding revenue. The organization holds $107K in liabilities against $7.6M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $3.2M | $7.6M | $107K | — | — |
| 2022 | $3.0M | $3.6M | $8.4M | $825K | — | — |
| 2021 | $3.4M | $3.1M | $10.6M | $1.2M | — | View 990 |
| 2020 | $3.4M | $2.9M | $9.2M | $642K | — | View 990 |
| 2019 | $3.8M | $3.2M | $8.2M | $675K | — | View 990 |
| 2018 | $4.3M | $3.6M | $6.6M | $275K | — | View 990 |
| 2017 | $4.1M | $3.3M | $6.4M | $354K | — | View 990 |
| 2016 | $3.5M | $2.9M | $5.2M | $160K | — | View 990 |
| 2015 | $3.2M | $2.6M | $4.6M | $292K | — | View 990 |
| 2014 | $3.2M | $2.7M | $3.9M | $187K | — | View 990 |
| 2013 | $2.9M | $2.5M | $3.3M | $155K | — | View 990 |
| 2012 | $3.2M | $2.8M | $2.9M | $144K | — | View 990 |
| 2011 | $2.7M | $2.6M | $2.5M | $172K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $3.2M, and assets of $7.6M (revenue -18.6% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.6M, and assets of $8.4M (revenue -9.8% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.1M, and assets of $10.6M (revenue -0.9% year-over-year).
- 2020: Revenue of $3.4M, expenses of $2.9M, and assets of $9.2M (revenue -10.6% year-over-year).
- 2019: Revenue of $3.8M, expenses of $3.2M, and assets of $8.2M (revenue -11.9% year-over-year).
- 2018: Revenue of $4.3M, expenses of $3.6M, and assets of $6.6M (revenue +5.5% year-over-year).
- 2017: Revenue of $4.1M, expenses of $3.3M, and assets of $6.4M (revenue +16.3% year-over-year).
- 2016: Revenue of $3.5M, expenses of $2.9M, and assets of $5.2M (revenue +8.0% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.6M, and assets of $4.6M (revenue +0.0% year-over-year).
- 2014: Revenue of $3.2M, expenses of $2.7M, and assets of $3.9M (revenue +10.6% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.5M, and assets of $3.3M (revenue -7.6% year-over-year).
- 2012: Revenue of $3.2M, expenses of $2.8M, and assets of $2.9M (revenue +19.5% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.6M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apelah Inc:
Data Sources and Methodology
This transparency report for Apelah 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.