Atria Cares Inc
Atria Cares Inc. maintains strong asset base despite fluctuating revenues and occasional deficit spending.
EIN: 202852076 · Louisville, KY · NTEE: M40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $203K |
| Program Spending | 80% |
| Net Assets | $358K |
| Transparency Score | 85/100 |
Is Atria Cares Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atria Cares Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atria Cares Inc
Atria Cares Inc (EIN: 202852076) is a nonprofit organization based in Louisville, KY, classified under NTEE code M40. The organization reported total revenue of $185K and total assets of $392K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atria Cares Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atria Cares Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $203K |
| Surplus / Deficit | $-21,138 |
| Total Assets | $358K |
| Net Assets | $358K |
| Operating Margin | -11.6% |
| Months of Reserves | 21.2 months |
Financial Health Grade: B
In 2023, Atria Cares Inc reported a deficit of $21K with expenses exceeding revenue, holds 21.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Atria Cares Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.4% | +12.8% | -5.6% |
| 2022 | +77.0% | +50.0% | +55.8% |
| 2021 | +12.7% | +36.1% | +31.6% |
| 2020 | +3.8% | -11.5% | +61.2% |
| 2019 | -62.3% | -83.4% | +81.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Atria Cares Inc with a Mission Score of 85 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: 80%
- fundraising: 5%
According to IRS 990 filings, Atria Cares 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 $21K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is a strong positive for directing funds to its 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 Atria Cares Inc's IRS 990 filings:
- Occasional deficit spending, such as in 2023 where expenses ($203,168) exceeded revenue ($182,030), could deplete reserves if persistent.
Strengths
The following positive indicators were identified for Atria Cares Inc:
- Consistent 0% officer compensation, indicating strong commitment to mission and efficient use of funds.
- Strong asset base consistently exceeding liabilities (e.g., $358,136 assets vs. $0 liabilities in 2023), demonstrating good solvency.
- Consistent filing of IRS Form 990s over 13 periods, reflecting good transparency and compliance.
- Maintained significant assets even during periods of lower revenue or higher expenses, suggesting effective financial management.
Frequently Asked Questions about Atria Cares Inc
Is Atria Cares Inc a legitimate charity?
Atria Cares Inc (EIN: 202852076) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $185K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Atria Cares Inc spend its money?
Atria Cares Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Atria Cares Inc tax-deductible?
Atria Cares Inc is registered as a tax-exempt nonprofit (EIN: 202852076). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Atria Cares Inc's spending goes to programs?
Atria Cares Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Atria Cares Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Atria Cares Inc is above average for NTEE category M40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Atria Cares Inc located?
Atria Cares Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 202852076. It is classified under NTEE code M40.
How many years of IRS 990 filings does Atria Cares Inc have?
Atria 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 $185K in total revenue.
Is Atria Cares Inc. financially stable?
Yes, Atria Cares Inc. appears financially stable, consistently maintaining assets significantly greater than liabilities (e.g., $358,136 in assets and $0 liabilities in 2023). While revenue fluctuates and expenses occasionally exceed revenue, the organization has built a solid asset base.
Does Atria Cares Inc. pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no executives are paid by Atria Cares Inc.
What is the trend in Atria Cares Inc.'s revenue?
Atria Cares Inc.'s revenue has fluctuated significantly, ranging from a low of $110,536 in 2015 to a high of $405,329 in 2018, and most recently $182,030 in 2023, showing no consistent upward or downward trend.
Has Atria Cares Inc. experienced deficit spending?
Yes, Atria Cares Inc. has experienced periods of deficit spending, where expenses exceeded revenue, such as in 2023 ($203,168 expenses vs. $182,030 revenue) and 2018 ($601,612 expenses vs. $405,329 revenue).
Filing History
IRS 990 filing history for Atria Cares Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Atria Cares Inc's revenue has grown by 21.9%, moving from $149K to $182K. Total assets increased by 56.6% over the same period, from $229K to $358K. Total functional expenses rose by 39.1%, from $146K to $203K. In its most recent filing year (2023), Atria Cares Inc reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $203K | $358K | $0 | — | View 990 |
| 2022 | $316K | $180K | $379K | $0 | — | View 990 |
| 2021 | $179K | $120K | $243K | $0 | — | View 990 |
| 2020 | $158K | $88K | $185K | $0 | — | View 990 |
| 2019 | $153K | $100K | $115K | $0 | — | View 990 |
| 2018 | $405K | $602K | $63K | $2K | — | View 990 |
| 2017 | $388K | $245K | $258K | $0 | — | View 990 |
| 2016 | $119K | $115K | $115K | $0 | — | View 990 |
| 2015 | $111K | $110K | $111K | $0 | — | View 990 |
| 2014 | $127K | $176K | $110K | $0 | — | View 990 |
| 2013 | $129K | $162K | $160K | $0 | — | View 990 |
| 2012 | $253K | $288K | $193K | $0 | — | View 990 |
| 2011 | $149K | $146K | $229K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $203K, and assets of $358K (revenue -42.4% year-over-year).
- 2022: Revenue of $316K, expenses of $180K, and assets of $379K (revenue +77.0% year-over-year).
- 2021: Revenue of $179K, expenses of $120K, and assets of $243K (revenue +12.7% year-over-year).
- 2020: Revenue of $158K, expenses of $88K, and assets of $185K (revenue +3.8% year-over-year).
- 2019: Revenue of $153K, expenses of $100K, and assets of $115K (revenue -62.3% year-over-year).
- 2018: Revenue of $405K, expenses of $602K, and assets of $63K (revenue +4.5% year-over-year).
- 2017: Revenue of $388K, expenses of $245K, and assets of $258K (revenue +226.7% year-over-year).
- 2016: Revenue of $119K, expenses of $115K, and assets of $115K (revenue +7.4% year-over-year).
- 2015: Revenue of $111K, expenses of $110K, and assets of $111K (revenue -12.7% year-over-year).
- 2014: Revenue of $127K, expenses of $176K, and assets of $110K (revenue -1.8% year-over-year).
- 2013: Revenue of $129K, expenses of $162K, and assets of $160K (revenue -49.0% year-over-year).
- 2012: Revenue of $253K, expenses of $288K, and assets of $193K (revenue +69.1% year-over-year).
- 2011: Revenue of $149K, expenses of $146K, and assets of $229K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atria Cares Inc:
Data Sources and Methodology
This transparency report for Atria 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.