Asanpee Care Inc
Asanpee Care Inc. faces persistent operating deficits and growing liabilities, raising sustainability concerns.
EIN: 113750431 · Westland, MI · NTEE: P73 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $777K |
| Total Expenses | $995K |
| Program Spending | 80% |
| Net Assets | $-174,248 |
| Transparency Score | 45/100 |
Search Intent Cockpit
Asanpee Care Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Asanpee Care Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Asanpee Care Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $893K and expenses of $995K.
Revenue and Expenses
Asanpee Care Inc reported $893K in revenue and $995K in expenses, a deficit of $102K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
45/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.
Is Asanpee Care Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $796K (80%) |
Across stored filings, Asanpee Care Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 4 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade D | 13 stored filing years |
| Peer context | Compare with American Academy Of Podiatric Practice Management | Michigan and Human Services context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
Asanpee Care Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asanpee Care Inc
Asanpee Care Inc (EIN: 113750431) is a nonprofit organization based in Westland, MI, classified under NTEE code P73. The organization reported total revenue of $777K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asanpee Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asanpee Care Inc 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 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $893K |
| Total Expenses | $995K |
| Surplus / Deficit | $-102,326 |
| Total Assets | $19K |
| Total Liabilities | $193K |
| Net Assets | $-174,248 |
| Operating Margin | -11.5% |
| Debt-to-Asset Ratio | 1026.8% |
| Months of Reserves | 0.2 months |
Financial Health Grade: D
In 2023, Asanpee Care Inc reported a deficit of $102K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 1026.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Asanpee Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.0% | -6.2% | -74.4% |
| 2022 | +14.1% | +15.4% | +4.1% |
| 2021 | +24.0% | +14.5% | +30.9% |
| 2020 | +46.4% | +49.6% | -40.9% |
| 2019 | +9.8% | +14.5% | -34.1% |
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 Asanpee Care Inc with a Mission Score of 45 out of 100 (Fair). 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, Asanpee Care 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $102K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1026.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, which is commendable and suggests that leadership is not drawing a salary from the organization's funds, aligning resources directly with the mission.
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 Asanpee Care Inc's IRS 990 filings:
- Consistent operating deficits for multiple years (e.g., 2021-2023)
- Significant and rapidly increasing liabilities ($0 in 2019 to $193,049 in 2023)
- Very low asset base relative to annual revenue ($18,801 assets vs. $892,764 revenue in 2023)
- Negative net assets/fund balances in recent years (implied by liabilities exceeding assets and consistent deficits)
Strengths
The following positive indicators were identified for Asanpee Care Inc:
- Reported 0% officer compensation, indicating a commitment to direct mission spending.
- Consistent revenue generation over several years, albeit often outpaced by expenses.
Frequently Asked Questions about Asanpee Care Inc
Is Asanpee Care Inc a legitimate charity?
Asanpee Care Inc (EIN: 113750431) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $777K. 4 red flags identified. 2 strengths noted. Financial health grade: D.
How does Asanpee Care Inc spend its money?
Asanpee Care Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Asanpee Care Inc tax-deductible?
Asanpee Care Inc is registered as a tax-exempt nonprofit (EIN: 113750431). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Asanpee Care Inc's spending goes to programs?
Asanpee Care Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Asanpee Care Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Asanpee Care Inc is near average for NTEE category P73 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Asanpee Care Inc located?
Asanpee Care Inc is headquartered in Westland, Michigan and files with the IRS under EIN 113750431. It is classified under NTEE code P73.
How many years of IRS 990 filings does Asanpee Care Inc have?
Asanpee Care Inc 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 $777K in total revenue.
Is Asanpee Care Inc. financially sustainable given its consistent operating deficits?
The organization has reported expenses exceeding revenue for several consecutive years (e.g., $995,090 expenses vs. $892,764 revenue in 2023), leading to a negative net income. This trend, coupled with increasing liabilities, suggests potential long-term sustainability challenges.
What is the cause of the significant increase in liabilities from $0 in 2019 to $193,049 in 2023?
The rapid accumulation of liabilities, particularly the jump to $193,049 in 2023, is a significant concern and could indicate reliance on debt or unpaid obligations to cover operating costs, which is not sustainable.
How does Asanpee Care Inc. plan to address its low asset base relative to its annual revenue?
With assets of only $18,801 against annual revenue of $892,764 in 2023, the organization has very limited financial reserves, making it vulnerable to unexpected expenses or revenue shortfalls.
Filing History
IRS 990 filing history for Asanpee Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Asanpee Care Inc's revenue has grown by 74.4%, moving from $512K to $893K. Total assets decreased by 83.6% over the same period, from $114K to $19K. Total functional expenses rose by 122.3%, from $448K to $995K. In its most recent filing year (2023), Asanpee Care Inc reported a deficit of $102K, with expenses exceeding revenue. The organization holds $193K in liabilities against $19K in assets (debt-to-asset ratio: 1026.8%), resulting in net assets of $-174,248.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $893K | $995K | $19K | $193K | — | View 990 |
| 2022 | $1.0M | $1.1M | $73K | $145K | — | — |
| 2021 | $889K | $919K | $71K | $96K | — | View 990 |
| 2020 | $717K | $803K | $54K | $49K | — | View 990 |
| 2019 | $489K | $537K | $91K | $0 | — | View 990 |
| 2018 | $446K | $469K | $139K | $0 | — | View 990 |
| 2017 | $421K | $412K | $162K | $0 | — | View 990 |
| 2016 | $434K | $446K | $153K | $0 | — | View 990 |
| 2015 | $460K | $483K | $165K | $0 | — | View 990 |
| 2014 | $496K | $441K | $188K | $0 | — | View 990 |
| 2013 | $386K | $370K | $134K | $0 | — | View 990 |
| 2012 | $468K | $340K | $118K | $0 | — | View 990 |
| 2011 | $512K | $448K | $114K | $109K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $893K, expenses of $995K, and assets of $19K (revenue -12.0% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.1M, and assets of $73K (revenue +14.1% year-over-year).
- 2021: Revenue of $889K, expenses of $919K, and assets of $71K (revenue +24.0% year-over-year).
- 2020: Revenue of $717K, expenses of $803K, and assets of $54K (revenue +46.4% year-over-year).
- 2019: Revenue of $489K, expenses of $537K, and assets of $91K (revenue +9.8% year-over-year).
- 2018: Revenue of $446K, expenses of $469K, and assets of $139K (revenue +5.8% year-over-year).
- 2017: Revenue of $421K, expenses of $412K, and assets of $162K (revenue -3.0% year-over-year).
- 2016: Revenue of $434K, expenses of $446K, and assets of $153K (revenue -5.6% year-over-year).
- 2015: Revenue of $460K, expenses of $483K, and assets of $165K (revenue -7.3% year-over-year).
- 2014: Revenue of $496K, expenses of $441K, and assets of $188K (revenue +28.5% year-over-year).
- 2013: Revenue of $386K, expenses of $370K, and assets of $134K (revenue -17.6% year-over-year).
- 2012: Revenue of $468K, expenses of $340K, and assets of $118K (revenue -8.5% year-over-year).
- 2011: Revenue of $512K, expenses of $448K, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asanpee Care Inc:
Data Sources and Methodology
This transparency report for Asanpee Care 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.