Arete A2 E2

EIN: 465681606 · Minnetonka, MN · NTEE: B25

$608KRevenue

$536KAssets

0/100Mission Score (Very Poor)

B25

About Arete A2 E2

Arete A2 E2 (EIN: 465681606) is a nonprofit organization based in Minnetonka, MN, classified under NTEE code B25. The organization reported total revenue of $608K and total assets of $536K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arete A2 E2's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Analysis Pending

AI enrichment for Arete A2 E2 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 Arete A2 E2 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.

Filing History

IRS 990 filing history for Arete A2 E2 showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2015–2023), Arete A2 E2's revenue has grown by 246.4%, moving from $161K to $556K. Total assets increased by 312.7% over the same period, from $149K to $617K. Total functional expenses rose by 115.4%, from $264K to $568K. In its most recent filing year (2023), Arete A2 E2 reported a deficit of $12K, with expenses exceeding revenue. The organization holds $25K in liabilities against $617K in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $592K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$556K	$568K	$617K	$25K	—	View 990
2022	$599K	$622K	$638K	$34K	—	View 990
2021	$1.0M	$628K	$768K	$140K	—	—
2020	$780K	$706K	$385K	$137K	—	View 990
2019	$982K	$916K	$269K	$124K	—	View 990
2018	$951K	$924K	$312K	$320K	—	View 990
2017	$718K	$600K	$264K	$274K	—	View 990
2016	$379K	$417K	$115K	$256K	—	View 990
2015	$161K	$264K	$149K	$253K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $556K, expenses of $568K, and assets of $617K (revenue -7.2% year-over-year).
2022: Revenue of $599K, expenses of $622K, and assets of $638K (revenue -40.5% year-over-year).
2021: Revenue of $1.0M, expenses of $628K, and assets of $768K (revenue +29.1% year-over-year).
2020: Revenue of $780K, expenses of $706K, and assets of $385K (revenue -20.6% year-over-year).
2019: Revenue of $982K, expenses of $916K, and assets of $269K (revenue +3.3% year-over-year).
2018: Revenue of $951K, expenses of $924K, and assets of $312K (revenue +32.5% year-over-year).
2017: Revenue of $718K, expenses of $600K, and assets of $264K (revenue +89.2% year-over-year).
2016: Revenue of $379K, expenses of $417K, and assets of $115K (revenue +136.3% year-over-year).
2015: Revenue of $161K, expenses of $264K, and assets of $149K.

Data Sources and Methodology

This transparency report for Arete A2 E2 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.