Aphasia Center Of West Texas Inc

Aphasia Center Of West Texas Inc maintains strong financial health with zero reported officer compensation.

EIN: 20618732 · Midland, TX · NTEE: B90 · Updated: 2026-03-28

$1.2MRevenue
$925KGross Revenue
$2.4MAssets
95/100Mission Score (Excellent)
B90
Aphasia Center Of West Texas Inc Financial Summary
MetricValue
Total Revenue$1.2M
Total Expenses$916K
Program Spending90%
CEO/Top Officer Pay$1
Net Assets$2.3M
Transparency Score95/100

Is Aphasia Center Of West Texas Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Aphasia Center Of West Texas Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Aphasia Center Of West Texas Inc

Aphasia Center Of West Texas Inc (EIN: 20618732) is a nonprofit organization based in Midland, TX, classified under NTEE code B90. The organization reported total revenue of $1.2M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aphasia Center Of West Texas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

23Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Aphasia Center Of West Texas Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$920K
Total Expenses$916K
Surplus / Deficit+$3K
Total Assets$2.3M
Total Liabilities$35K
Net Assets$2.3M
Operating Margin0.4%
Debt-to-Asset Ratio1.5%
Months of Reserves30.8 months

Financial Health Grade: A

In 2023, Aphasia Center Of West Texas Inc reported a surplus of $3K with revenue exceeding expenses, holds 30.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Aphasia Center Of West Texas Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+19.9%+11.6%+3.5%
2022+8.9%+12.7%-9.5%
2021-25.4%-1.3%+4.6%
2020+9.5%-6.9%+7.6%
2019+12.7%+2.6%+5.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2003

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Aphasia Center Of West Texas Inc demonstrates a stable financial position with consistent asset growth over the past decade, reaching $2,386,845 in the latest period. The organization generally manages its expenses well, with revenues often exceeding or closely matching expenses, as seen in 2023 where revenue was $919,569 against expenses of $916,305. This indicates sound operational management and a commitment to maintaining financial equilibrium. The organization's liabilities are consistently low, indicating a healthy balance sheet and minimal financial risk. Spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings, which suggests a volunteer-driven or very lean executive structure. This significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards program services. The consistent growth in assets, even during periods where expenses slightly exceeded revenue (e.g., 2022 and 2021), suggests effective long-term financial planning and investment strategies. Transparency is excellent, primarily due to the consistent reporting of 0% officer compensation. This level of detail regarding executive pay, or lack thereof, is a strong indicator of the organization's commitment to directing resources to its mission rather than high salaries. The consistent filing history further enhances transparency, providing a clear and long-term view of its financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Aphasia Center Of West Texas Inc with a Mission Score of 95 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

According to IRS 990 filings, Aphasia Center Of West Texas Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:

$920KTotal Revenue
$916KTotal Expenses
$2.3MTotal Assets
$35KTotal Liabilities
$2.3MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is exceptional for an organization of this size with over $1 million in annual revenue and over $2 million in assets, indicating a highly efficient and mission-focused leadership structure.

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 Aphasia Center Of West Texas Inc:

Frequently Asked Questions about Aphasia Center Of West Texas Inc

Is Aphasia Center Of West Texas Inc a legitimate charity?

Aphasia Center Of West Texas Inc (EIN: 20618732) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Aphasia Center Of West Texas Inc spend its money?

Aphasia Center Of West Texas Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Aphasia Center Of West Texas Inc tax-deductible?

Aphasia Center Of West Texas Inc is registered as a tax-exempt nonprofit (EIN: 20618732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Aphasia Center Of West Texas Inc CEO make?

Aphasia Center Of West Texas Inc's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Aphasia Center Of West Texas Inc's spending goes to programs?

Aphasia Center Of West Texas Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Aphasia Center Of West Texas Inc compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Aphasia Center Of West Texas Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Aphasia Center Of West Texas Inc located?

Aphasia Center Of West Texas Inc is headquartered in Midland, Texas and files with the IRS under EIN 20618732. It is classified under NTEE code B90.

How many years of IRS 990 filings does Aphasia Center Of West Texas Inc have?

Aphasia Center Of West Texas 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 $1.2M in total revenue.

Is Aphasia Center Of West Texas Inc a good charity?

Based on its financial data, the Aphasia Center Of West Texas Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and exceptionally low administrative costs due to 0% reported officer compensation, indicating a high dedication to its mission.

How does the organization manage its expenses relative to its revenue?

The organization generally manages its expenses effectively, with revenues often exceeding or closely matching expenses. For example, in 2023, revenue was $919,569 against expenses of $916,305. While there were periods where expenses slightly exceeded revenue (e.g., 2022 and 2021), the overall trend shows responsible financial stewardship and asset growth.

What is the trend in the organization's assets and liabilities?

The organization shows a consistent upward trend in assets, growing from $2,135,106 in 2014 to $2,386,845 currently. Liabilities remain consistently low, typically under $50,000, indicating a very healthy balance sheet and minimal debt burden.

Filing History

IRS 990 filing history for Aphasia Center Of West Texas Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Aphasia Center Of West Texas Inc's revenue has grown by 1.4%, moving from $907K to $920K. Total assets increased by 10.6% over the same period, from $2.1M to $2.3M. Total functional expenses rose by 109.5%, from $437K to $916K. In its most recent filing year (2023), Aphasia Center Of West Texas Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $35K in liabilities against $2.3M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $2.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $920K $916K $2.3M $35K View 990
2022 $767K $821K $2.3M $11K View 990
2021 $704K $729K $2.5M $12K View 990
2020 $944K $738K $2.4M $23K View 990
2019 $862K $792K $2.2M $52K View 990
2018 $765K $772K $2.1M $18K View 990
2017 $814K $752K $2.1M $13K View 990
2016 $606K $693K $2.1M $475 View 990
2015 $604K $591K $2.1M $475 View 990
2014 $591K $542K $2.1M $0 View 990
2013 $581K $545K $2.1M $534 View 990
2012 $482K $481K $2.0M $0 View 990
2011 $907K $437K $2.1M $76K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Aphasia Center Of West Texas Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Aphasia Center Of West Texas 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.

Other Nonprofits in Texas

Explore more nonprofits based in Texas with AI-powered transparency reports.

View all Texas nonprofits →

Similar Organizations (NTEE B90)

Other nonprofits classified under NTEE code B90.

View all B90 nonprofits →

Explore Related Nonprofits

Browse by State