Arkbuilders Inc
Arkbuilders Inc experiences recent operating deficit despite revenue growth, with declining assets.
EIN: 205441535 · Reynoldsburg, OH · NTEE: O30 · Updated: 2026-03-28
Is Arkbuilders Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arkbuilders Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arkbuilders Inc
Arkbuilders Inc (EIN: 205441535) is a nonprofit organization based in Reynoldsburg, OH, classified under NTEE code O30. The organization reported total revenue of $466K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arkbuilders Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Arkbuilders 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Arkbuilders Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries, which is highly unusual for an organization with revenues reaching $405,000 and suggests a volunteer-driven leadership model.
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 Arkbuilders Inc's IRS 990 filings:
- Operating deficit in the most recent fiscal period (202312: Expenses $413,255 > Revenue $405,000)
- Significant decline in assets from $121,299 in 2022 to $57,132 in 2023
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data to fully assess efficiency.
Strengths
The following positive indicators were identified for Arkbuilders Inc:
- Consistent revenue growth over the past three years (from $127,023 in 2020 to $405,000 in 2023)
- 0% officer compensation reported, indicating a volunteer-led or highly efficient executive structure
- Low to zero reported liabilities in recent filings, suggesting good debt management.
Frequently Asked Questions about Arkbuilders Inc
Is Arkbuilders Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Arkbuilders Inc (EIN: 205441535) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Arkbuilders Inc spend its money?
Arkbuilders Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Arkbuilders Inc tax-deductible?
Arkbuilders Inc is registered as a tax-exempt nonprofit (EIN: 205441535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Arkbuilders Inc financially stable?
Arkbuilders Inc's financial stability is questionable given the $8,255 operating deficit in 2023 and a significant decline in assets from $121,299 in 2022 to $57,132 in 2023. While liabilities are low, the recent negative operating margin and asset reduction are concerning.
How has Arkbuilders Inc's revenue changed over time?
Arkbuilders Inc has experienced substantial revenue growth, increasing from $127,023 in 2020 to $405,000 in 2023, representing over a 200% increase in three years.
What is the trend in Arkbuilders Inc's assets?
Arkbuilders Inc's assets have fluctuated, peaking at $121,299 in 2022 before declining significantly to $57,132 in 2023. This recent decline warrants further investigation.
Filing History
IRS 990 filing history for Arkbuilders Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Arkbuilders Inc's revenue has grown by 218.8%, moving from $127K to $405K. Total assets increased by 17% over the same period, from $49K to $57K. Total functional expenses rose by 231%, from $125K to $413K. In its most recent filing year (2023), Arkbuilders Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $405K | $413K | $57K | $0 | — | — |
| 2022 | $182K | $116K | $121K | $6K | — | View 990 |
| 2021 | $143K | $114K | $49K | $4K | — | View 990 |
| 2020 | $127K | $125K | $49K | $4K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $405K, expenses of $413K, and assets of $57K (revenue +123.0% year-over-year).
- 2022: Revenue of $182K, expenses of $116K, and assets of $121K (revenue +26.9% year-over-year).
- 2021: Revenue of $143K, expenses of $114K, and assets of $49K (revenue +12.7% year-over-year).
- 2020: Revenue of $127K, expenses of $125K, and assets of $49K.
Data Sources and Methodology
This transparency report for Arkbuilders 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.