Arrhythmia Alliance
Arrhythmia Alliance shows fluctuating revenue and recent deficit, but maintains 0% officer compensation.
EIN: 204806188 · Hilton Head, SC · NTEE: E70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $118K |
| Total Expenses | $419K |
| Program Spending | 80% |
| Net Assets | $439K |
| Transparency Score | 85/100 |
Is Arrhythmia Alliance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arrhythmia Alliance directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arrhythmia Alliance
Arrhythmia Alliance (EIN: 204806188) is a nonprofit organization based in Hilton Head, SC, classified under NTEE code E70. The organization reported total revenue of $118K and total assets of $139K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arrhythmia Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arrhythmia Alliance is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $368K |
| Total Expenses | $419K |
| Surplus / Deficit | $-50,499 |
| Total Assets | $439K |
| Net Assets | $439K |
| Operating Margin | -13.7% |
| Months of Reserves | 12.6 months |
Financial Health Grade: C
In 2023, Arrhythmia Alliance reported a deficit of $50K with expenses exceeding revenue, holds 12.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Arrhythmia Alliance's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.8% | +25.1% | -11.3% |
| 2022 | +50.5% | +18.5% | +126.6% |
| 2021 | +100.3% | +6.5% | +136.7% |
| 2020 | -26.9% | +0.7% | -40.8% |
| 2019 | +55.1% | +30.2% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Arrhythmia Alliance with a Mission Score of 85 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
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Arrhythmia Alliance 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $50K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly favorable for donor confidence and resource allocation to programs.
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 Arrhythmia Alliance's IRS 990 filings:
- Significant revenue fluctuation year-over-year (e.g., $611,868 in 2022 to $368,213 in 2023)
- Operating deficit in the most recent filing period (202312: Expenses $418,712 vs. Revenue $368,213)
Strengths
The following positive indicators were identified for Arrhythmia Alliance:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in executive pay.
- Strong asset growth, reaching $439,222 in 2023, providing a financial cushion.
- Extensive filing history (13 filings) demonstrating transparency and consistent reporting.
- Significant revenue peaks, such as $611,868 in 2022, show capacity for substantial fundraising.
Frequently Asked Questions about Arrhythmia Alliance
Is Arrhythmia Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Arrhythmia Alliance (EIN: 204806188) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Arrhythmia Alliance spend its money?
Arrhythmia Alliance directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Arrhythmia Alliance tax-deductible?
Arrhythmia Alliance is registered as a tax-exempt nonprofit (EIN: 204806188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Arrhythmia Alliance's spending goes to programs?
Arrhythmia Alliance directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Arrhythmia Alliance compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Arrhythmia Alliance is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Arrhythmia Alliance located?
Arrhythmia Alliance is headquartered in Hilton Head, South Carolina and files with the IRS under EIN 204806188. It is classified under NTEE code E70.
How many years of IRS 990 filings does Arrhythmia Alliance have?
Arrhythmia Alliance 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 $118K in total revenue.
Is Arrhythmia Alliance a good charity?
Based on the available data, Arrhythmia Alliance appears to be a good charity, particularly due to its consistent 0% officer compensation and generally strong program focus. However, potential donors should monitor its financial performance following the 2023 deficit.
What caused the significant revenue drop from $611,868 in 2022 to $368,213 in 2023?
The IRS 990 data alone does not specify the exact cause of the revenue drop. It could be due to various factors such as changes in fundraising strategies, economic conditions, or a decrease in specific grants or donations.
How does Arrhythmia Alliance manage to operate with 0% officer compensation?
Operating with 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, such as through a related entity or by external funding.
Filing History
IRS 990 filing history for Arrhythmia Alliance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Arrhythmia Alliance's revenue has grown by 195.5%, moving from $125K to $368K. Total assets increased by 300.9% over the same period, from $110K to $439K. Total functional expenses rose by 489.5%, from $71K to $419K. In its most recent filing year (2023), Arrhythmia Alliance reported a deficit of $50K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $368K | $419K | $439K | $-42 | — | — |
| 2022 | $612K | $335K | $495K | $5K | — | View 990 |
| 2021 | $406K | $282K | $218K | $6K | — | View 990 |
| 2020 | $203K | $265K | $92K | $4K | — | — |
| 2019 | $277K | $263K | $156K | $5K | — | View 990 |
| 2018 | $179K | $202K | $141K | $4K | — | View 990 |
| 2017 | $274K | $167K | $169K | $9K | — | View 990 |
| 2016 | $21K | $84K | $53K | $0 | — | View 990 |
| 2015 | $150K | $80K | $122K | $6K | — | View 990 |
| 2014 | $91K | $101K | $47K | $2K | — | View 990 |
| 2013 | $968 | $62K | $57K | $2K | — | View 990 |
| 2012 | $54K | $47K | $116K | $540 | — | View 990 |
| 2011 | $125K | $71K | $110K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $368K, expenses of $419K, and assets of $439K (revenue -39.8% year-over-year).
- 2022: Revenue of $612K, expenses of $335K, and assets of $495K (revenue +50.5% year-over-year).
- 2021: Revenue of $406K, expenses of $282K, and assets of $218K (revenue +100.3% year-over-year).
- 2020: Revenue of $203K, expenses of $265K, and assets of $92K (revenue -26.9% year-over-year).
- 2019: Revenue of $277K, expenses of $263K, and assets of $156K (revenue +55.1% year-over-year).
- 2018: Revenue of $179K, expenses of $202K, and assets of $141K (revenue -34.8% year-over-year).
- 2017: Revenue of $274K, expenses of $167K, and assets of $169K (revenue +1208.0% year-over-year).
- 2016: Revenue of $21K, expenses of $84K, and assets of $53K (revenue -86.1% year-over-year).
- 2015: Revenue of $150K, expenses of $80K, and assets of $122K (revenue +65.9% year-over-year).
- 2014: Revenue of $91K, expenses of $101K, and assets of $47K (revenue +9265.4% year-over-year).
- 2013: Revenue of $968, expenses of $62K, and assets of $57K (revenue -98.2% year-over-year).
- 2012: Revenue of $54K, expenses of $47K, and assets of $116K (revenue -56.9% year-over-year).
- 2011: Revenue of $125K, expenses of $71K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arrhythmia Alliance:
Data Sources and Methodology
This transparency report for Arrhythmia Alliance 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.