Asheville Buncombe Institute Of Parity Achievement
Asheville Buncombe Institute Of Parity Achievement shows revenue growth but recent deficits and modest assets.
EIN: 200937410 · Asheville, NC · NTEE: E60 · Updated: 2026-03-28
Is Asheville Buncombe Institute Of Parity Achievement Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Asheville Buncombe Institute Of Parity Achievement directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asheville Buncombe Institute Of Parity Achievement
Asheville Buncombe Institute Of Parity Achievement (EIN: 200937410) is a nonprofit organization based in Asheville, NC, classified under NTEE code E60. The organization reported total revenue of $1.7M and total assets of $160K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asheville Buncombe Institute Of Parity Achievement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asheville Buncombe Institute Of Parity Achievement is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $669K |
| Total Expenses | $739K |
| Surplus / Deficit | $-70,476 |
| Total Assets | $39K |
| Total Liabilities | $25K |
| Net Assets | $14K |
| Operating Margin | -10.5% |
| Debt-to-Asset Ratio | 64.6% |
| Months of Reserves | 0.6 months |
Financial Health Grade: D
In 2023, Asheville Buncombe Institute Of Parity Achievement reported a deficit of $70K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 64.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Asheville Buncombe Institute Of Parity Achievement's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.2% | +23.3% | -55.6% |
| 2022 | -36.1% | +1.1% | -63.5% |
| 2021 | +19.5% | +25.5% | — |
| 2020 | +41.8% | +43.6% | -100.0% |
| 2019 | +62.6% | +30.1% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Asheville Buncombe Institute Of Parity Achievement 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, Asheville Buncombe Institute Of Parity Achievement 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 $70K, with expenses exceeding revenue.
- Debt-to-asset ratio: 64.6%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a nonprofit of its size with latest revenue of $1,740,739.
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 Asheville Buncombe Institute Of Parity Achievement's IRS 990 filings:
- Expenses exceeded revenue in the two most recent filing periods (202312 and 202212), indicating operating deficits.
- Relatively low assets ($159,650) compared to latest revenue ($1,740,739), which could limit financial resilience.
- Fluctuations in reported assets and liabilities, including periods of zero reported values and negative liabilities, may suggest inconsistent financial reporting.
Strengths
The following positive indicators were identified for Asheville Buncombe Institute Of Parity Achievement:
- Consistent reporting of 0% officer compensation across all filings, demonstrating a commitment to minimizing executive overhead.
- Significant revenue growth over the past decade, indicating increasing support and capacity for its mission.
- NTEE code E60 suggests a strong focus on civil rights, social action, and advocacy programs.
Frequently Asked Questions about Asheville Buncombe Institute Of Parity Achievement
Is Asheville Buncombe Institute Of Parity Achievement a legitimate charity?
Based on AI analysis of IRS 990 filings, Asheville Buncombe Institute Of Parity Achievement (EIN: 200937410) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Asheville Buncombe Institute Of Parity Achievement spend its money?
Asheville Buncombe Institute Of Parity Achievement directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Asheville Buncombe Institute Of Parity Achievement tax-deductible?
Asheville Buncombe Institute Of Parity Achievement is registered as a tax-exempt nonprofit (EIN: 200937410). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Asheville Buncombe Institute Of Parity Achievement financially stable?
While ABIPA has grown significantly in revenue, recent filings (202312 and 202212) show expenses exceeding revenue, indicating potential short-term financial instability. Its assets are also relatively low compared to its revenue.
How does ABIPA manage its administrative costs?
The organization reports 0% officer compensation across all filings, suggesting a strong commitment to minimizing executive administrative costs. However, a full breakdown of other administrative expenses is not available in the provided data.
What is the trend of ABIPA's financial health?
ABIPA has experienced substantial revenue growth over the past decade, from $133,043 in 201412 to $1,740,739 latest revenue. However, the most recent two periods show expenses exceeding revenue, indicating a recent negative trend in net income.
Filing History
IRS 990 filing history for Asheville Buncombe Institute Of Parity Achievement showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Asheville Buncombe Institute Of Parity Achievement's revenue has grown by 425.5%, moving from $127K to $669K. Total assets increased by 540.3% over the same period, from $6K to $39K. Total functional expenses rose by 429.9%, from $140K to $739K. In its most recent filing year (2023), Asheville Buncombe Institute Of Parity Achievement reported a deficit of $70K, with expenses exceeding revenue. The organization holds $25K in liabilities against $39K in assets (debt-to-asset ratio: 64.6%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $669K | $739K | $39K | $25K | — | View 990 |
| 2022 | $425K | $600K | $87K | $13K | — | View 990 |
| 2021 | $666K | $593K | $238K | $-8,523 | — | View 990 |
| 2020 | $557K | $472K | $0 | $0 | — | — |
| 2019 | $393K | $329K | $91K | $3K | — | View 990 |
| 2018 | $241K | $253K | $0 | $0 | — | View 990 |
| 2017 | $266K | $227K | $37K | $1K | — | View 990 |
| 2016 | $158K | $162K | $0 | $0 | — | View 990 |
| 2015 | $174K | $140K | $0 | $0 | — | View 990 |
| 2014 | $133K | $128K | $0 | $0 | — | View 990 |
| 2013 | $101K | $101K | $276 | $38K | — | View 990 |
| 2012 | $72K | $83K | $2K | $40K | — | View 990 |
| 2011 | $127K | $140K | $6K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $669K, expenses of $739K, and assets of $39K (revenue +57.2% year-over-year).
- 2022: Revenue of $425K, expenses of $600K, and assets of $87K (revenue -36.1% year-over-year).
- 2021: Revenue of $666K, expenses of $593K, and assets of $238K (revenue +19.5% year-over-year).
- 2020: Revenue of $557K, expenses of $472K, and assets of $0 (revenue +41.8% year-over-year).
- 2019: Revenue of $393K, expenses of $329K, and assets of $91K (revenue +62.6% year-over-year).
- 2018: Revenue of $241K, expenses of $253K, and assets of $0 (revenue -9.2% year-over-year).
- 2017: Revenue of $266K, expenses of $227K, and assets of $37K (revenue +67.9% year-over-year).
- 2016: Revenue of $158K, expenses of $162K, and assets of $0 (revenue -8.8% year-over-year).
- 2015: Revenue of $174K, expenses of $140K, and assets of $0 (revenue +30.5% year-over-year).
- 2014: Revenue of $133K, expenses of $128K, and assets of $0 (revenue +32.2% year-over-year).
- 2013: Revenue of $101K, expenses of $101K, and assets of $276 (revenue +39.1% year-over-year).
- 2012: Revenue of $72K, expenses of $83K, and assets of $2K (revenue -43.1% year-over-year).
- 2011: Revenue of $127K, expenses of $140K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asheville Buncombe Institute Of Parity Achievement:
Data Sources and Methodology
This transparency report for Asheville Buncombe Institute Of Parity Achievement 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.