Aveson
Aveson shows consistent revenue growth and positive net income with no reported officer compensation.
EIN: 202937518 · Pasadena, CA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.5M |
| Total Expenses | $10.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $4.1M |
| Transparency Score | 92/100 |
Is Aveson Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aveson directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aveson
Aveson (EIN: 202937518) is a nonprofit organization based in Pasadena, CA, classified under NTEE code B29. The organization reported total revenue of $9.5M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aveson's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aveson is a mid-size 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 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.1M |
| Total Expenses | $10.8M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $6.3M |
| Total Liabilities | $2.2M |
| Net Assets | $4.1M |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 35.4% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2023, Aveson reported a surplus of $1.3M with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 35.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aveson's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.6% | +13.3% | +38.1% |
| 2022 | +17.9% | +14.5% | -0.2% |
| 2021 | +5.4% | -2.7% | +28.4% |
| 2020 | -5.7% | -9.4% | +76.8% |
| 2019 | -2.4% | -1.5% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Aveson 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Aveson allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of Aveson's size with revenues exceeding $10 million. This suggests either a volunteer-led executive team or that compensation is categorized under other expense lines, warranting further inquiry for full transparency.
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 Aveson's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for Aveson:
- Consistent revenue growth, nearly doubling from $6.28 million in 2014 to $12.09 million in 2023.
- Positive net income (revenue exceeding expenses) in most recent years, indicating financial sustainability.
- Significant asset growth, increasing from $2.00 million in 2018 to $6.31 million in 2023.
- Strong program spending efficiency implied by the 0% officer compensation and positive financial margins.
- Long history of IRS 990 filings (13 periods), demonstrating consistent transparency.
Frequently Asked Questions about Aveson
Is Aveson a legitimate charity?
Aveson (EIN: 202937518) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.5M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Aveson spend its money?
Aveson directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Aveson tax-deductible?
Aveson is registered as a tax-exempt nonprofit (EIN: 202937518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Aveson CEO make?
Aveson's highest-compensated officer earns $10 annually. The organization reported $9.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Aveson's spending goes to programs?
Aveson directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aveson compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Aveson is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aveson located?
Aveson is headquartered in Pasadena, California and files with the IRS under EIN 202937518. It is classified under NTEE code B29.
How many years of IRS 990 filings does Aveson have?
Aveson 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 $9.5M in total revenue.
Is Aveson a good charity?
Based on the available financial data, Aveson appears to be a financially healthy and efficient organization. It consistently generates more revenue than expenses, has growing assets, and reports 0% officer compensation, which are all positive indicators.
How has Aveson's financial health changed over time?
Aveson has shown significant financial improvement, with revenue nearly doubling from $6.28 million in 2014 to $12.09 million in 2023. Assets have also grown substantially, from $1.55 million in 2014 to $6.31 million in 2023, indicating strong financial growth and stability.
What is the significance of 0% officer compensation?
A consistent 0% officer compensation across all filings for an organization of this size is highly unusual. It could mean that executive roles are entirely volunteer-based, or that compensation is reported under different expense categories, which would require deeper investigation to understand the true administrative costs.
Filing History
IRS 990 filing history for Aveson showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aveson's revenue has grown by 212.5%, moving from $3.9M to $12.1M. Total assets increased by 478.8% over the same period, from $1.1M to $6.3M. Total functional expenses rose by 184.3%, from $3.8M to $10.8M. In its most recent filing year (2023), Aveson reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $6.3M in assets (debt-to-asset ratio: 35.4%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.1M | $10.8M | $6.3M | $2.2M | — | — |
| 2022 | $10.8M | $9.6M | $4.6M | $1.8M | — | View 990 |
| 2021 | $9.2M | $8.3M | $4.6M | $3.1M | — | View 990 |
| 2020 | $8.7M | $8.6M | $3.6M | $2.9M | — | View 990 |
| 2019 | $9.3M | $9.5M | $2.0M | $1.5M | — | View 990 |
| 2018 | $9.5M | $9.6M | $2.0M | $1.3M | — | View 990 |
| 2017 | $9.0M | $9.4M | $1.9M | $1.0M | — | View 990 |
| 2016 | $8.5M | $8.1M | $2.2M | $649K | — | View 990 |
| 2015 | $7.3M | $6.9M | $1.7M | $537K | — | View 990 |
| 2014 | $6.3M | $6.2M | $1.6M | $774K | — | View 990 |
| 2013 | $4.8M | $4.7M | $1.9M | $1.2M | — | View 990 |
| 2012 | $4.5M | $4.2M | $1.4M | $861K | — | View 990 |
| 2011 | $3.9M | $3.8M | $1.1M | $849K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.1M, expenses of $10.8M, and assets of $6.3M (revenue +11.6% year-over-year).
- 2022: Revenue of $10.8M, expenses of $9.6M, and assets of $4.6M (revenue +17.9% year-over-year).
- 2021: Revenue of $9.2M, expenses of $8.3M, and assets of $4.6M (revenue +5.4% year-over-year).
- 2020: Revenue of $8.7M, expenses of $8.6M, and assets of $3.6M (revenue -5.7% year-over-year).
- 2019: Revenue of $9.3M, expenses of $9.5M, and assets of $2.0M (revenue -2.4% year-over-year).
- 2018: Revenue of $9.5M, expenses of $9.6M, and assets of $2.0M (revenue +4.9% year-over-year).
- 2017: Revenue of $9.0M, expenses of $9.4M, and assets of $1.9M (revenue +6.6% year-over-year).
- 2016: Revenue of $8.5M, expenses of $8.1M, and assets of $2.2M (revenue +15.8% year-over-year).
- 2015: Revenue of $7.3M, expenses of $6.9M, and assets of $1.7M (revenue +16.5% year-over-year).
- 2014: Revenue of $6.3M, expenses of $6.2M, and assets of $1.6M (revenue +32.0% year-over-year).
- 2013: Revenue of $4.8M, expenses of $4.7M, and assets of $1.9M (revenue +6.4% year-over-year).
- 2012: Revenue of $4.5M, expenses of $4.2M, and assets of $1.4M (revenue +15.7% year-over-year).
- 2011: Revenue of $3.9M, expenses of $3.8M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aveson:
Data Sources and Methodology
This transparency report for Aveson 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.