Appalachian Assistive Technology Loan Fund Inc
EIN: 861763469 · King Of Prussia, PA · NTEE: P80
Is Appalachian Assistive Technology Loan Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Appalachian Assistive Technology Loan Fund Inc
Appalachian Assistive Technology Loan Fund Inc (EIN: 861763469) is a nonprofit organization based in King Of Prussia, PA, classified under NTEE code P80. The organization reported total revenue of $528K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Appalachian Assistive Technology Loan Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Appalachian Assistive Technology Loan Fund Inc is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $146K |
| Surplus / Deficit | $-38,715 |
| Total Assets | $2.9M |
| Total Liabilities | $216K |
| Net Assets | $2.7M |
| Operating Margin | -36.0% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 240.9 months |
Financial Health Grade: B
In 2023, Appalachian Assistive Technology Loan Fund Inc reported a deficit of $39K with expenses exceeding revenue, holds 240.9 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.4% | +75.1% | +77.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Appalachian Assistive Technology Loan Fund 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 Appalachian Assistive Technology Loan Fund 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 $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.4%.
Frequently Asked Questions about Appalachian Assistive Technology Loan Fund Inc
Is Appalachian Assistive Technology Loan Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Appalachian Assistive Technology Loan Fund Inc (EIN: 861763469) insufficient data. 0 red flags identified, 0 strengths noted.
How does Appalachian Assistive Technology Loan Fund Inc spend its money?
Detailed spending breakdown data is not yet available for Appalachian Assistive Technology Loan Fund Inc. Check back for updated IRS 990 analysis.
Are donations to Appalachian Assistive Technology Loan Fund Inc tax-deductible?
Appalachian Assistive Technology Loan Fund Inc is registered as a tax-exempt nonprofit (EIN: 861763469). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Appalachian Assistive Technology Loan Fund Inc showing financial trends over 3 years of public records:
Total assets increased by 58.8% over the same period, from $1.8M to $2.9M. Total functional expenses rose by 606.8%, from $21K to $146K. In its most recent filing year (2023), Appalachian Assistive Technology Loan Fund Inc reported a deficit of $39K, with expenses exceeding revenue. The organization holds $216K in liabilities against $2.9M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $146K | $2.9M | $216K | — | View 990 |
| 2022 | $121K | $83K | $1.7M | $5K | — | View 990 |
| 2021 | $0 | $21K | $1.8M | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $146K, and assets of $2.9M (revenue -11.4% year-over-year).
- 2022: Revenue of $121K, expenses of $83K, and assets of $1.7M.
- 2021: Revenue of $0, expenses of $21K, and assets of $1.8M.
Data Sources and Methodology
This transparency report for Appalachian Assistive Technology Loan Fund 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.