Ashfield Active Living And Wellness Communities Inc
Ashfield Active Living And Wellness Communities Inc. consistently operates at a deficit with declining assets and increasing liabilities.
EIN: 205385139 · Wichita, KS · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.0M |
| Total Expenses | $27.8M |
| Program Spending | 80% |
| Net Assets | $-96,890,983 |
| Transparency Score | 60/100 |
Is Ashfield Active Living And Wellness Communities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ashfield Active Living And Wellness Communities Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ashfield Active Living And Wellness Communities Inc
Ashfield Active Living And Wellness Communities Inc (EIN: 205385139) is a nonprofit organization based in Wichita, KS, classified under NTEE code L22. The organization reported total revenue of $25.0M and total assets of $138.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ashfield Active Living And Wellness Communities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ashfield Active Living And Wellness Communities Inc is a large nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 90.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.1M |
| Total Expenses | $27.8M |
| Surplus / Deficit | $-5,676,585 |
| Total Assets | $137.2M |
| Total Liabilities | $234.1M |
| Net Assets | $-96,890,983 |
| Operating Margin | -25.7% |
| Debt-to-Asset Ratio | 170.6% |
| Months of Reserves | 59.2 months |
Financial Health Grade: C
In 2023, Ashfield Active Living And Wellness Communities Inc reported a deficit of $5.7M with expenses exceeding revenue, holds 59.2 months of operating reserves (strong position), has a debt-to-asset ratio of 170.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ashfield Active Living And Wellness Communities Inc's revenue has grown at a compound annual growth rate (CAGR) of 90.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | +4.5% | -2.1% |
| 2022 | -19.3% | +0.7% | -4.1% |
| 2021 | +23.9% | +4.2% | -2.1% |
| 2020 | -3.6% | +2.4% | -1.4% |
| 2019 | +3.1% | -1.2% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Ashfield Active Living And Wellness Communities Inc with a Mission Score of 60 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, Ashfield Active Living And Wellness Communities 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 $5.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 170.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating no direct salary payments to officers, which is a strong positive for minimizing executive overhead.
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 Ashfield Active Living And Wellness Communities Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in all reported periods)
- Declining asset base over the past decade (from $173M in 2014 to $137M in 2023)
- Increasing liabilities significantly exceeding assets (e.g., $234M liabilities vs. $137M assets in 2023)
- Lack of detailed expense breakdown to fully assess program vs. administrative spending efficiency
Strengths
The following positive indicators were identified for Ashfield Active Living And Wellness Communities Inc:
- No reported officer compensation, indicating low executive overhead
- Long operating history with 13 filings, suggesting established operations
Frequently Asked Questions about Ashfield Active Living And Wellness Communities Inc
Is Ashfield Active Living And Wellness Communities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ashfield Active Living And Wellness Communities Inc (EIN: 205385139) some concerns. Mission Score: 60/100. 4 red flags identified, 2 strengths noted.
How does Ashfield Active Living And Wellness Communities Inc spend its money?
Ashfield Active Living And Wellness Communities Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ashfield Active Living And Wellness Communities Inc tax-deductible?
Ashfield Active Living And Wellness Communities Inc is registered as a tax-exempt nonprofit (EIN: 205385139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ashfield Active Living And Wellness Communities Inc's spending goes to programs?
Ashfield Active Living And Wellness Communities Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ashfield Active Living And Wellness Communities Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Ashfield Active Living And Wellness Communities Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ashfield Active Living And Wellness Communities Inc located?
Ashfield Active Living And Wellness Communities Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 205385139. It is classified under NTEE code L22.
How many years of IRS 990 filings does Ashfield Active Living And Wellness Communities Inc have?
Ashfield Active Living And Wellness Communities 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 $25.0M in total revenue.
How does Ashfield Active Living And Wellness Communities Inc. cover its consistent operational deficits?
The organization consistently spends more than it earns, with expenses exceeding revenue in every reported period. For example, in 202306, expenses were $27,795,974 while revenue was $22,119,389. This suggests reliance on other funding sources, such as investment income, grants not classified as revenue, or drawing down on existing assets, which have been declining.
What is the long-term financial outlook given the increasing liabilities and decreasing assets?
The organization's liabilities have steadily increased from $204,100,634 in 2014 to $234,116,553 in 2023, while assets have decreased from $173,216,723 to $137,225,570 over the same period. This trend indicates a worsening financial position, where liabilities significantly outweigh assets, raising concerns about long-term solvency and financial stability.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that either the officers are volunteers, their compensation is covered by a related entity, or it is categorized under other expense lines not explicitly identified as officer compensation in the summary data provided.
Filing History
IRS 990 filing history for Ashfield Active Living And Wellness Communities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ashfield Active Living And Wellness Communities Inc's revenue has grown by 221093.9%, moving from $10K to $22.1M. Total assets decreased by 31.9% over the same period, from $201.5M to $137.2M. Total functional expenses rose by 4356.5%, from $624K to $27.8M. In its most recent filing year (2023), Ashfield Active Living And Wellness Communities Inc reported a deficit of $5.7M, with expenses exceeding revenue. The organization holds $234.1M in liabilities against $137.2M in assets (debt-to-asset ratio: 170.6%), resulting in net assets of $-96,890,983.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.1M | $27.8M | $137.2M | $234.1M | — | — |
| 2022 | $21.9M | $26.6M | $140.2M | $232.6M | — | View 990 |
| 2021 | $27.1M | $26.4M | $146.3M | $230.9M | — | View 990 |
| 2020 | $21.9M | $25.3M | $149.4M | $235.2M | — | View 990 |
| 2019 | $22.7M | $24.7M | $151.5M | $233.4M | — | View 990 |
| 2018 | $22.0M | $25.0M | $156.0M | $232.9M | — | View 990 |
| 2017 | $21.8M | $25.7M | $156.7M | $230.5M | — | View 990 |
| 2016 | $21.0M | $25.8M | $171.4M | $212.2M | — | View 990 |
| 2015 | $20.3M | $26.0M | $173.1M | $209.8M | — | View 990 |
| 2014 | $18.0M | $26.0M | $173.2M | $204.1M | — | View 990 |
| 2013 | $15.9M | $26.7M | $171.7M | $194.6M | — | View 990 |
| 2012 | $6.8M | $18.2M | $193.0M | $205.2M | — | View 990 |
| 2011 | $10K | $624K | $201.5M | $202.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.1M, expenses of $27.8M, and assets of $137.2M (revenue +1.1% year-over-year).
- 2022: Revenue of $21.9M, expenses of $26.6M, and assets of $140.2M (revenue -19.3% year-over-year).
- 2021: Revenue of $27.1M, expenses of $26.4M, and assets of $146.3M (revenue +23.9% year-over-year).
- 2020: Revenue of $21.9M, expenses of $25.3M, and assets of $149.4M (revenue -3.6% year-over-year).
- 2019: Revenue of $22.7M, expenses of $24.7M, and assets of $151.5M (revenue +3.1% year-over-year).
- 2018: Revenue of $22.0M, expenses of $25.0M, and assets of $156.0M (revenue +0.9% year-over-year).
- 2017: Revenue of $21.8M, expenses of $25.7M, and assets of $156.7M (revenue +3.8% year-over-year).
- 2016: Revenue of $21.0M, expenses of $25.8M, and assets of $171.4M (revenue +3.8% year-over-year).
- 2015: Revenue of $20.3M, expenses of $26.0M, and assets of $173.1M (revenue +12.7% year-over-year).
- 2014: Revenue of $18.0M, expenses of $26.0M, and assets of $173.2M (revenue +12.7% year-over-year).
- 2013: Revenue of $15.9M, expenses of $26.7M, and assets of $171.7M (revenue +132.8% year-over-year).
- 2012: Revenue of $6.8M, expenses of $18.2M, and assets of $193.0M (revenue +68329.5% year-over-year).
- 2011: Revenue of $10K, expenses of $624K, and assets of $201.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ashfield Active Living And Wellness Communities Inc:
Data Sources and Methodology
This transparency report for Ashfield Active Living And Wellness Communities 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.