Ascentria Care Alliance Inc
Ascentria Care Alliance Inc shows significant asset growth but reported an operating deficit in its latest fiscal year.
EIN: 161644288 · Southbury, CT · NTEE: E30 · Updated: 2026-03-28
About Ascentria Care Alliance Inc
Ascentria Care Alliance Inc (EIN: 161644288) is a nonprofit organization based in Southbury, CT, classified under NTEE code E30. The organization reported total revenue of $18.1M and total assets of $39.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ascentria Care Alliance 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 Ascentria Care Alliance Inc with a Mission Score of 75 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, Ascentria Care Alliance 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
The reported 0% officer compensation across all available filings is highly unusual and suggests that executive compensation may be reported under different categories or is not directly paid to officers in a way that triggers this specific reporting field. This warrants further investigation into the full 990 forms to understand the true compensation structure.
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 Ascentria Care Alliance Inc's IRS 990 filings:
- Latest fiscal year (2023) shows an operating deficit ($1,544,933).
- Reported 0% officer compensation across all filings is highly unusual and requires further scrutiny of the full 990 to understand executive pay.
- Significant increase in liabilities from $4,027,509 in 2021 to $34,748,887 in 2022, coinciding with asset growth, suggests potential debt financing for expansion.
Strengths
The following positive indicators were identified for Ascentria Care Alliance Inc:
- Consistent revenue growth over the past decade, from $10.5 million in 2014 to over $16 million in 2023.
- Substantial asset growth from $6.9 million in 2020 to over $40 million in 2023, indicating increased capacity or investment.
- Long filing history (13 filings) demonstrates consistent compliance and transparency in reporting to the IRS.
Frequently Asked Questions about Ascentria Care Alliance Inc
Is Ascentria Care Alliance Inc a good charity?
Ascentria Care Alliance Inc appears to be a generally good charity, demonstrating significant asset growth and a consistent history of providing services. However, the latest operating deficit and the unusual 0% officer compensation reporting warrant closer examination of their full financial statements.
Why did Ascentria Care Alliance Inc's assets increase so dramatically between 2021 and 2022?
Ascentria Care Alliance Inc's assets jumped from $9,884,971 in 2021 to $41,167,913 in 2022. This significant increase suggests a major acquisition, capital investment, or a change in accounting for certain assets, which would be detailed in the full 990 filing.
What caused the operating deficit in the 2023 fiscal year?
In fiscal year 2023, Ascentria Care Alliance Inc reported expenses of $18,481,064 against revenues of $16,936,131, resulting in a deficit. The specific reasons for this deficit, such as increased program costs, administrative overhead, or a decline in funding, would be detailed in the organization's financial statements.
Filing History
IRS 990 filing history for Ascentria Care Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ascentria Care Alliance Inc's revenue has grown by 53.4%, moving from $11.0M to $16.9M. Total assets increased by 365.6% over the same period, from $8.6M to $40.1M. Total functional expenses rose by 73.4%, from $10.7M to $18.5M. In its most recent filing year (2023), Ascentria Care Alliance Inc reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $34.6M in liabilities against $40.1M in assets (debt-to-asset ratio: 86.3%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $16.9M | $18.5M | $40.1M | $34.6M | — | View 990 |
| 2022 | $17.4M | $16.2M | $41.2M | $34.7M | — | View 990 |
| 2021 | $16.3M | $15.3M | $9.9M | $4.0M | — | — |
| 2020 | $15.4M | $14.6M | $6.9M | $1.9M | — | View 990 |
| 2019 | $14.4M | $13.6M | $6.1M | $1.7M | — | View 990 |
| 2018 | $13.4M | $12.8M | $6.8M | $3.4M | — | View 990 |
| 2017 | $13.0M | $12.3M | $6.5M | $3.6M | — | View 990 |
| 2016 | $12.3M | $11.9M | $5.4M | $2.0M | — | View 990 |
| 2015 | $11.8M | $11.1M | $5.6M | $2.4M | — | View 990 |
| 2014 | $10.5M | $10.9M | $5.5M | $2.9M | — | View 990 |
| 2013 | $10.8M | $11.4M | $8.6M | $5.8M | — | View 990 |
| 2012 | $11.2M | $11.1M | $8.5M | $5.3M | — | View 990 |
| 2011 | $11.0M | $10.7M | $8.6M | $5.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.9M, expenses of $18.5M, and assets of $40.1M (revenue -2.9% year-over-year).
- 2022: Revenue of $17.4M, expenses of $16.2M, and assets of $41.2M (revenue +6.9% year-over-year).
- 2021: Revenue of $16.3M, expenses of $15.3M, and assets of $9.9M (revenue +6.1% year-over-year).
- 2020: Revenue of $15.4M, expenses of $14.6M, and assets of $6.9M (revenue +7.0% year-over-year).
- 2019: Revenue of $14.4M, expenses of $13.6M, and assets of $6.1M (revenue +7.0% year-over-year).
- 2018: Revenue of $13.4M, expenses of $12.8M, and assets of $6.8M (revenue +3.0% year-over-year).
- 2017: Revenue of $13.0M, expenses of $12.3M, and assets of $6.5M (revenue +6.1% year-over-year).
- 2016: Revenue of $12.3M, expenses of $11.9M, and assets of $5.4M (revenue +3.9% year-over-year).
- 2015: Revenue of $11.8M, expenses of $11.1M, and assets of $5.6M (revenue +12.0% year-over-year).
- 2014: Revenue of $10.5M, expenses of $10.9M, and assets of $5.5M (revenue -2.6% year-over-year).
- 2013: Revenue of $10.8M, expenses of $11.4M, and assets of $8.6M (revenue -3.6% year-over-year).
- 2012: Revenue of $11.2M, expenses of $11.1M, and assets of $8.5M (revenue +1.8% year-over-year).
- 2011: Revenue of $11.0M, expenses of $10.7M, and assets of $8.6M.
Data Sources and Methodology
This transparency report for Ascentria Care Alliance 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.