Avenir Health Inc
Avenir Health Inc consistently operates with balanced budgets and zero reported officer compensation.
EIN: 204816286 · Glastonbury, CT · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.5M |
| Total Expenses | $9.9M |
| Program Spending | 90% |
| Net Assets | $1.0M |
| Transparency Score | 92/100 |
Is Avenir Health Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Avenir Health Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Avenir Health Inc
Avenir Health Inc (EIN: 204816286) is a nonprofit organization based in Glastonbury, CT, classified under NTEE code E60. The organization reported total revenue of $8.5M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Avenir Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Avenir Health Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.0M |
| Total Expenses | $9.9M |
| Surplus / Deficit | +$160K |
| Total Assets | $6.2M |
| Total Liabilities | $5.2M |
| Net Assets | $1.0M |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 83.7% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Avenir Health Inc reported a surplus of $160K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 83.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Avenir Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | +6.4% | +7.7% |
| 2022 | +13.3% | +12.5% | -40.2% |
| 2021 | +1.8% | +1.5% | -28.5% |
| 2020 | -16.2% | -16.4% | +12.6% |
| 2019 | +2.7% | +2.9% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Avenir Health Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Avenir Health Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $160K, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.7%.
Executive Compensation Analysis
Avenir Health Inc consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to its officers, which is highly unusual and suggests a strong commitment to directing funds towards 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.
Strengths
The following positive indicators were identified for Avenir Health Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and mission focus.
- Revenues consistently cover expenses, demonstrating sound financial management.
- Stable operational history with over a decade of consistent filing.
- Positive net asset position, indicating financial health.
Frequently Asked Questions about Avenir Health Inc
Is Avenir Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Avenir Health Inc (EIN: 204816286) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Avenir Health Inc spend its money?
Avenir Health Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Avenir Health Inc tax-deductible?
Avenir Health Inc is registered as a tax-exempt nonprofit (EIN: 204816286). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Avenir Health Inc's spending goes to programs?
Avenir Health Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Avenir Health Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Avenir Health Inc is above average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Avenir Health Inc located?
Avenir Health Inc is headquartered in Glastonbury, Connecticut and files with the IRS under EIN 204816286. It is classified under NTEE code E60.
How many years of IRS 990 filings does Avenir Health Inc have?
Avenir Health 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 $8.5M in total revenue.
Is Avenir Health Inc a good charity?
Based on the provided data, Avenir Health Inc appears to be a very good charity. It consistently operates with revenues closely matching expenses, indicating efficient use of funds, and notably reports 0% officer compensation, suggesting a strong dedication to its mission.
How does Avenir Health Inc manage its executive compensation?
Avenir Health Inc reports 0% officer compensation in all available filings, which means no salaries or benefits are paid to its officers. This is an exceptional practice that maximizes resources for programmatic activities.
What is Avenir Health Inc's financial stability?
Avenir Health Inc demonstrates good financial stability, consistently generating sufficient revenue to cover its expenses. While assets have fluctuated, the organization maintains a positive net asset position, with $6.18 million in assets against $5.17 million in liabilities in 2023.
Filing History
IRS 990 filing history for Avenir Health Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Avenir Health Inc's revenue has grown by 303.5%, moving from $2.5M to $10.0M. Total assets increased by 120.9% over the same period, from $2.8M to $6.2M. Total functional expenses rose by 302.5%, from $2.5M to $9.9M. In its most recent filing year (2023), Avenir Health Inc reported a surplus of $160K, with revenue exceeding expenses. The organization holds $5.2M in liabilities against $6.2M in assets (debt-to-asset ratio: 83.7%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.0M | $9.9M | $6.2M | $5.2M | — | — |
| 2022 | $9.4M | $9.3M | $5.7M | $4.9M | — | View 990 |
| 2021 | $8.3M | $8.3M | $9.6M | $8.9M | — | View 990 |
| 2020 | $8.2M | $8.1M | $13.4M | $12.7M | — | — |
| 2019 | $9.7M | $9.7M | $11.9M | $11.3M | — | View 990 |
| 2018 | $9.5M | $9.5M | $12.7M | $12.0M | — | View 990 |
| 2017 | $9.7M | $9.6M | $5.8M | $5.1M | — | View 990 |
| 2016 | $8.4M | $8.3M | $8.3M | $7.7M | — | View 990 |
| 2015 | $6.3M | $6.3M | $8.2M | $7.7M | — | View 990 |
| 2014 | $4.1M | $4.1M | $5.7M | $5.2M | — | View 990 |
| 2013 | $2.9M | $2.8M | $4.8M | $4.4M | — | View 990 |
| 2012 | $2.5M | $2.4M | $2.5M | $2.2M | — | View 990 |
| 2011 | $2.5M | $2.5M | $2.8M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.0M, expenses of $9.9M, and assets of $6.2M (revenue +6.8% year-over-year).
- 2022: Revenue of $9.4M, expenses of $9.3M, and assets of $5.7M (revenue +13.3% year-over-year).
- 2021: Revenue of $8.3M, expenses of $8.3M, and assets of $9.6M (revenue +1.8% year-over-year).
- 2020: Revenue of $8.2M, expenses of $8.1M, and assets of $13.4M (revenue -16.2% year-over-year).
- 2019: Revenue of $9.7M, expenses of $9.7M, and assets of $11.9M (revenue +2.7% year-over-year).
- 2018: Revenue of $9.5M, expenses of $9.5M, and assets of $12.7M (revenue -2.1% year-over-year).
- 2017: Revenue of $9.7M, expenses of $9.6M, and assets of $5.8M (revenue +15.6% year-over-year).
- 2016: Revenue of $8.4M, expenses of $8.3M, and assets of $8.3M (revenue +32.7% year-over-year).
- 2015: Revenue of $6.3M, expenses of $6.3M, and assets of $8.2M (revenue +54.2% year-over-year).
- 2014: Revenue of $4.1M, expenses of $4.1M, and assets of $5.7M (revenue +42.3% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $4.8M (revenue +14.4% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.4M, and assets of $2.5M (revenue +1.0% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.5M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Avenir Health Inc:
Data Sources and Methodology
This transparency report for Avenir Health 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.