As 220
As 220: Consistent Revenue, Stable Assets, and Strong Program Spending
EIN: 222754566 · Providence, RI · NTEE: A600 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $3.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $11.7M |
| Transparency Score | 85/100 |
Is As 220 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
As 220 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About As 220
As 220 (EIN: 222754566) is a nonprofit organization based in Providence, RI, classified under NTEE code A600. The organization reported total revenue of $2.6M and total assets of $14.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of As 220's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
As 220 is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-1,010,877 |
| Total Assets | $15.2M |
| Total Liabilities | $3.5M |
| Net Assets | $11.7M |
| Operating Margin | -48.4% |
| Debt-to-Asset Ratio | 23.0% |
| Months of Reserves | 58.7 months |
Financial Health Grade: B
In 2023, As 220 reported a deficit of $1.0M with expenses exceeding revenue, holds 58.7 months of operating reserves (strong position), has a debt-to-asset ratio of 23.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), As 220's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.4% | +25.4% | -14.6% |
| 2022 | +25.3% | +16.4% | +1.0% |
| 2021 | -10.9% | -24.4% | -2.4% |
| 2020 | -36.4% | +10.3% | -2.2% |
| 2019 | +6.0% | -9.2% | +14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
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 As 220 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, As 220 allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.0%.
Executive Compensation Analysis
The organization consistently reports $0 in compensation, which is unusual for an entity with its revenue and asset levels and warrants further inquiry into how leadership is compensated or if all executive roles are volunteer.
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 As 220's IRS 990 filings:
- Consistent reporting of $0 compensation across all filings raises questions about the true cost of executive functions and potential hidden compensation structures or reliance on external support.
- A notable decrease in revenue from $3,439,303 in 2019 to $2,639,758 in 2023, alongside a decrease in assets from $18,418,849 to $14,476,562, suggests a potential contraction in operations or funding.
Strengths
The following positive indicators were identified for As 220:
- The organization consistently maintains a healthy asset base, with assets significantly exceeding liabilities, indicating strong financial stability.
- Despite revenue fluctuations, the organization has consistently managed its expenses, with total expenses generally staying below or close to revenue in most years, demonstrating fiscal responsibility.
- The consistent availability of financial filings over many years indicates a strong commitment to transparency and accountability.
Frequently Asked Questions about As 220
Is As 220 a legitimate charity?
Based on AI analysis of IRS 990 filings, As 220 (EIN: 222754566) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does As 220 spend its money?
As 220 directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to As 220 tax-deductible?
As 220 is registered as a tax-exempt nonprofit (EIN: 222754566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the As 220 CEO make?
As 220's highest-compensated officer earns $0 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of As 220's spending goes to programs?
As 220 directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does As 220 compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), As 220 is above average for NTEE category A600 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is As 220 located?
As 220 is headquartered in Providence, Rhode Island and files with the IRS under EIN 222754566. It is classified under NTEE code A600.
How many years of IRS 990 filings does As 220 have?
As 220 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 $2.6M in total revenue.
What does As 220 do?
As 220 is a nonprofit organization in the Arts, Culture & Humanities sector, located in Providence, Rhode Island. It is classified under NTEE code A600.
How much revenue does As 220 have?
As 220 reported total revenue of $2,639,758. Based on 13 IRS 990 filings on record.
What are As 220's total assets?
As 220 holds total assets of $14,476,562 as reported in IRS 990 filings.
Where is As 220 located?
As 220 is based in Providence, Rhode Island.
What is As 220's EIN?
As 220's Employer Identification Number (EIN) is 222754566. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is As 220?
As 220 is classified under NTEE code A600 (Arts, Culture & Humanities).
Is As 220 a registered 501(c)(3)?
Yes, As 220 is recognized as a tax-exempt organization by the IRS. EIN: 222754566.
Does As 220 file IRS Form 990?
Yes, As 220 has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was As 220's revenue in 2023?
In the 202306 filing period, As 220 reported total revenue of $2,090,397, total expenses of $3,101,274, and net assets of $15,158,776.
Is As 220's revenue growing or declining?
As 220's revenue is declining. Revenue went from $2,442,996 (202206) to $2,090,397 (202306), a -14.4% change. Based on 13 filings on record.
What is As 220's most recent 990 filing?
The most recent IRS Form 990 filing for As 220 covers tax period 202306. It shows revenue of $2,090,397, expenses of $3,101,274, total assets of $15,158,776, and liabilities of $3,489,700.
How much does As 220 spend on programs vs administration?
Based on IRS 990 analysis, As 220 allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is As 220 a trustworthy charity?
Based on AI analysis of IRS 990 data, As 220 appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for As 220?
The following concerns were identified: Consistent reporting of $0 compensation across all filings raises questions about the true cost of executive functions and potential hidden compensation structures or reliance on external support.. A notable decrease in revenue from $3,439,303 in 2019 to $2,639,758 in 2023, alongside a decrease in assets from $18,418,849 to $14,476,562, suggests a potential contraction in operations or funding.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are As 220's strengths?
Positive indicators for As 220 include: The organization consistently maintains a healthy asset base, with assets significantly exceeding liabilities, indicating strong financial stability.. Despite revenue fluctuations, the organization has consistently managed its expenses, with total expenses generally staying below or close to revenue in most years, demonstrating fiscal responsibility.. The consistent availability of financial filings over many years indicates a strong commitment to transparency and accountability.. These findings are derived from AI analysis of the organization's financial filings.
How does As 220 compensate executives?
The organization consistently reports $0 in compensation, which is unusual for an entity with its revenue and asset levels and warrants further inquiry into how leadership is compensated or if all executive roles are volunteer. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 compensation, how does As 220 attract and retain leadership, and what mechanisms are in place to ensure effective governance and management without direct executive compensation?
The consistent reporting of $0 compensation suggests either a fully volunteer-led executive team, or that executive functions are compensated through non-traditional means, such as stipends, benefits not categorized as compensation, or through related entities. Understanding the operational model behind this is crucial for assessing long-term sustainability and potential hidden costs.
What factors contributed to the significant decrease in revenue from $3,439,303 in 2019 to $2,639,758 in 2023, and how has the organization adapted its programs and services in response to this trend?
The decline in revenue could be attributed to various factors such as changes in funding streams, economic downturns, or shifts in program demand. Understanding the specific causes and the organization's strategic response, including any adjustments to program delivery or fundraising efforts, is essential for evaluating its resilience and future outlook.
Filing History
IRS 990 filing history for As 220 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), As 220's revenue has declined by 6.7%, moving from $2.2M to $2.1M. Total assets increased by 128.1% over the same period, from $6.6M to $15.2M. Total functional expenses rose by 39.3%, from $2.2M to $3.1M. In its most recent filing year (2023), As 220 reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $3.5M in liabilities against $15.2M in assets (debt-to-asset ratio: 23.0%), resulting in net assets of $11.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $3.1M | $15.2M | $3.5M | — | — |
| 2022 | $2.4M | $2.5M | $17.7M | $3.4M | — | View 990 |
| 2021 | $2.0M | $2.1M | $17.6M | $3.4M | — | View 990 |
| 2020 | $2.2M | $2.8M | $18.0M | $3.7M | — | — |
| 2019 | $3.4M | $2.5M | $18.4M | $3.4M | — | View 990 |
| 2018 | $3.2M | $2.8M | $16.0M | $2.0M | — | View 990 |
| 2017 | $2.4M | $2.5M | $16.0M | $2.4M | — | View 990 |
| 2016 | $2.5M | $2.6M | $16.1M | $2.4M | — | View 990 |
| 2015 | $6.7M | $2.4M | $16.0M | $2.2M | — | View 990 |
| 2014 | $2.1M | $2.7M | $11.4M | $1.9M | — | View 990 |
| 2013 | $2.6M | $2.4M | $11.9M | $1.8M | — | View 990 |
| 2012 | $2.1M | $2.2M | $11.8M | $709K | — | View 990 |
| 2011 | $2.2M | $2.2M | $6.6M | $562K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $3.1M, and assets of $15.2M (revenue -14.4% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.5M, and assets of $17.7M (revenue +25.3% year-over-year).
- 2021: Revenue of $2.0M, expenses of $2.1M, and assets of $17.6M (revenue -10.9% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.8M, and assets of $18.0M (revenue -36.4% year-over-year).
- 2019: Revenue of $3.4M, expenses of $2.5M, and assets of $18.4M (revenue +6.0% year-over-year).
- 2018: Revenue of $3.2M, expenses of $2.8M, and assets of $16.0M (revenue +35.1% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.5M, and assets of $16.0M (revenue -5.7% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.6M, and assets of $16.1M (revenue -61.8% year-over-year).
- 2015: Revenue of $6.7M, expenses of $2.4M, and assets of $16.0M (revenue +218.4% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.7M, and assets of $11.4M (revenue -18.4% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.4M, and assets of $11.9M (revenue +20.1% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.2M, and assets of $11.8M (revenue -4.7% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.2M, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for As 220:
Data Sources and Methodology
This transparency report for As 220 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.