Associa Cares Inc
Associa Cares Inc shows consistent revenue growth and strong program spending with no reported officer compensation.
EIN: 205832439 · Richardson, TX · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $816K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $2.8M |
| Transparency Score | 90/100 |
Is Associa Cares Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Associa Cares Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Associa Cares Inc
Associa Cares Inc (EIN: 205832439) is a nonprofit organization based in Richardson, TX, classified under NTEE code T31. The organization reported total revenue of $1.1M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Associa Cares Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Associa Cares Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $816K |
| Surplus / Deficit | +$317K |
| Total Assets | $3.2M |
| Total Liabilities | $455K |
| Net Assets | $2.8M |
| Operating Margin | 28.0% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 47.3 months |
Financial Health Grade: A
In 2023, Associa Cares Inc reported a surplus of $317K with revenue exceeding expenses, holds 47.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Associa Cares Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.6% | +67.7% | +25.6% |
| 2022 | +23.2% | +63.1% | +8.3% |
| 2021 | +27.7% | -33.6% | +22.2% |
| 2020 | -35.3% | +12.8% | -0.7% |
| 2019 | +36.0% | -25.4% | +17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Associa Cares Inc with a Mission Score of 90 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Associa Cares Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $317K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
Associa Cares Inc reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size with over $1 million in annual revenue.
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.
Strengths
The following positive indicators were identified for Associa Cares Inc:
- Strong program spending ratio (e.g., 75% of expenses in 2023)
- Consistent revenue growth (from $453,734 in 2020 to $1,132,750 in 2023)
- Zero reported officer compensation across all filings
- Healthy asset accumulation (from $1,933,891 in 2020 to $3,213,601 in 2023)
- Consistent and transparent IRS 990 filing history (13 filings)
Frequently Asked Questions about Associa Cares Inc
Is Associa Cares Inc a legitimate charity?
Associa Cares Inc (EIN: 205832439) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Associa Cares Inc spend its money?
Associa Cares Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Associa Cares Inc tax-deductible?
Associa Cares Inc is registered as a tax-exempt nonprofit (EIN: 205832439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Associa Cares Inc CEO make?
Associa Cares Inc's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Associa Cares Inc's spending goes to programs?
Associa Cares Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Associa Cares Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Associa Cares Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Associa Cares Inc located?
Associa Cares Inc is headquartered in Richardson, Texas and files with the IRS under EIN 205832439. It is classified under NTEE code T31.
How many years of IRS 990 filings does Associa Cares Inc have?
Associa Cares 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 $1.1M in total revenue.
Is Associa Cares Inc a good charity?
Based on its financial data, Associa Cares Inc appears to be a good charity. It consistently allocates a high percentage of its expenses to program services (e.g., 75% in 2023), has shown consistent revenue growth, and reports no executive compensation, all of which are positive indicators of efficiency and mission focus.
How has Associa Cares Inc's revenue trended over time?
Associa Cares Inc has shown a strong upward trend in revenue, particularly in recent years. Revenue increased from $453,734 in 2020 to $1,132,750 in 2023, demonstrating significant growth.
What is Associa Cares Inc's asset growth like?
The organization has experienced consistent asset growth, increasing from $1,933,891 in 2020 to $3,213,601 in 2023, indicating sound financial management and accumulation of resources.
Filing History
IRS 990 filing history for Associa Cares Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Associa Cares Inc's revenue has grown by 136.1%, moving from $480K to $1.1M. Total assets increased by 184.8% over the same period, from $1.1M to $3.2M. Total functional expenses rose by 209.6%, from $264K to $816K. In its most recent filing year (2023), Associa Cares Inc reported a surplus of $317K, with revenue exceeding expenses. The organization holds $455K in liabilities against $3.2M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $816K | $3.2M | $455K | — | — |
| 2022 | $714K | $487K | $2.6M | $117K | — | View 990 |
| 2021 | $580K | $298K | $2.4M | $148K | — | View 990 |
| 2020 | $454K | $450K | $1.9M | $554 | — | — |
| 2019 | $701K | $399K | $1.9M | $19K | — | View 990 |
| 2018 | $516K | $535K | $1.7M | $33K | — | View 990 |
| 2017 | $735K | $414K | $1.7M | $61K | — | — |
| 2016 | $580K | $796K | $1.4M | $51K | — | View 990 |
| 2015 | $496K | $491K | $1.6M | $16K | — | View 990 |
| 2014 | $583K | $463K | $1.5M | $309 | — | View 990 |
| 2013 | $471K | $412K | $1.4M | $0 | — | View 990 |
| 2012 | $565K | $329K | $1.4M | $5K | — | View 990 |
| 2011 | $480K | $264K | $1.1M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $816K, and assets of $3.2M (revenue +58.6% year-over-year).
- 2022: Revenue of $714K, expenses of $487K, and assets of $2.6M (revenue +23.2% year-over-year).
- 2021: Revenue of $580K, expenses of $298K, and assets of $2.4M (revenue +27.7% year-over-year).
- 2020: Revenue of $454K, expenses of $450K, and assets of $1.9M (revenue -35.3% year-over-year).
- 2019: Revenue of $701K, expenses of $399K, and assets of $1.9M (revenue +36.0% year-over-year).
- 2018: Revenue of $516K, expenses of $535K, and assets of $1.7M (revenue -29.8% year-over-year).
- 2017: Revenue of $735K, expenses of $414K, and assets of $1.7M (revenue +26.8% year-over-year).
- 2016: Revenue of $580K, expenses of $796K, and assets of $1.4M (revenue +16.9% year-over-year).
- 2015: Revenue of $496K, expenses of $491K, and assets of $1.6M (revenue -15.0% year-over-year).
- 2014: Revenue of $583K, expenses of $463K, and assets of $1.5M (revenue +23.8% year-over-year).
- 2013: Revenue of $471K, expenses of $412K, and assets of $1.4M (revenue -16.6% year-over-year).
- 2012: Revenue of $565K, expenses of $329K, and assets of $1.4M (revenue +17.7% year-over-year).
- 2011: Revenue of $480K, expenses of $264K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Associa Cares Inc:
Data Sources and Methodology
This transparency report for Associa Cares 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.