Azle Caring Center
Azle Caring Center shows strong financial growth and zero reported officer compensation over the past decade.
EIN: 20559026 · Azle, TX · NTEE: P58 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| Net Assets | $2.0M |
| Transparency Score | 92/100 |
Is Azle Caring Center Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Azle Caring Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Azle Caring Center
Azle Caring Center (EIN: 20559026) is a nonprofit organization based in Azle, TX, classified under NTEE code P58. The organization reported total revenue of $2.1M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Azle Caring Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Azle Caring Center is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$260K |
| Total Assets | $2.0M |
| Total Liabilities | $4K |
| Net Assets | $2.0M |
| Operating Margin | 17.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 19.7 months |
Financial Health Grade: A
In 2023, Azle Caring Center reported a surplus of $260K with revenue exceeding expenses, holds 19.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Azle Caring Center's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.6% | +14.2% | +14.6% |
| 2022 | -47.3% | +21.4% | -0.3% |
| 2021 | +184.5% | +27.8% | +106.7% |
| 2020 | -4.5% | -0.1% | +2.5% |
| 2019 | +6.9% | -0.1% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Azle Caring Center 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Azle Caring Center allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $260K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-led executive structure or that compensation is covered by other means, allowing more funds to be directed to programs.
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 Azle Caring Center:
- Consistent 0% officer compensation, indicating high resource allocation to mission.
- Significant revenue growth from $760,629 in 2019 to $1,508,125 in 2023.
- Strong asset growth to $2,048,989 in 2023.
- Very low liabilities ($4,422 in 2023) relative to assets, indicating financial stability.
- High program spending ratio, as implied by low overhead and no executive compensation.
Frequently Asked Questions about Azle Caring Center
Is Azle Caring Center a legitimate charity?
Azle Caring Center (EIN: 20559026) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Azle Caring Center spend its money?
Azle Caring Center directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Azle Caring Center tax-deductible?
Azle Caring Center is registered as a tax-exempt nonprofit (EIN: 20559026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Azle Caring Center's spending goes to programs?
Azle Caring Center directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Azle Caring Center compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Azle Caring Center is above average for NTEE category P58 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Azle Caring Center located?
Azle Caring Center is headquartered in Azle, Texas and files with the IRS under EIN 20559026. It is classified under NTEE code P58.
How many years of IRS 990 filings does Azle Caring Center have?
Azle Caring Center 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 $2.1M in total revenue.
Is Azle Caring Center a good charity?
Based on the available IRS 990 data, Azle Caring Center appears to be a very good charity. They demonstrate strong financial health, significant revenue growth, low liabilities, and a consistent commitment to directing funds to programs, evidenced by 0% officer compensation.
How has Azle Caring Center's revenue changed over time?
Azle Caring Center has experienced substantial revenue growth, more than doubling from $760,629 in 2019 to $1,508,125 in 2023, with a peak of $2,065,618 in 2021.
What is Azle Caring Center's asset-to-liability ratio?
In 2023, Azle Caring Center had assets of $2,048,989 and liabilities of $4,422, resulting in a very strong asset-to-liability ratio of approximately 463:1, indicating excellent financial stability.
Does Azle Caring Center pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation for Azle Caring Center across all available periods, from 2014 to 2023.
Filing History
IRS 990 filing history for Azle Caring Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Azle Caring Center's revenue has grown by 127.3%, moving from $663K to $1.5M. Total assets increased by 196.8% over the same period, from $690K to $2.0M. Total functional expenses rose by 117%, from $575K to $1.2M. In its most recent filing year (2023), Azle Caring Center reported a surplus of $260K, with revenue exceeding expenses. The organization holds $4K in liabilities against $2.0M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.2M | $2.0M | $4K | — | — |
| 2022 | $1.1M | $1.1M | $1.8M | $3K | — | View 990 |
| 2021 | $2.1M | $900K | $1.8M | $3K | — | View 990 |
| 2020 | $726K | $705K | $867K | $1K | — | View 990 |
| 2019 | $761K | $706K | $846K | $2K | — | View 990 |
| 2018 | $712K | $706K | $792K | $3K | — | View 990 |
| 2017 | $753K | $700K | $786K | $2K | — | View 990 |
| 2016 | $721K | $713K | $733K | $2K | — | View 990 |
| 2015 | $630K | $607K | $723K | $637 | — | View 990 |
| 2014 | $607K | $649K | $701K | $2K | — | View 990 |
| 2013 | $665K | $630K | $743K | $2K | — | View 990 |
| 2012 | $597K | $579K | $708K | $2K | — | View 990 |
| 2011 | $663K | $575K | $690K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.2M, and assets of $2.0M (revenue +38.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $1.8M (revenue -47.3% year-over-year).
- 2021: Revenue of $2.1M, expenses of $900K, and assets of $1.8M (revenue +184.5% year-over-year).
- 2020: Revenue of $726K, expenses of $705K, and assets of $867K (revenue -4.5% year-over-year).
- 2019: Revenue of $761K, expenses of $706K, and assets of $846K (revenue +6.9% year-over-year).
- 2018: Revenue of $712K, expenses of $706K, and assets of $792K (revenue -5.5% year-over-year).
- 2017: Revenue of $753K, expenses of $700K, and assets of $786K (revenue +4.5% year-over-year).
- 2016: Revenue of $721K, expenses of $713K, and assets of $733K (revenue +14.4% year-over-year).
- 2015: Revenue of $630K, expenses of $607K, and assets of $723K (revenue +3.8% year-over-year).
- 2014: Revenue of $607K, expenses of $649K, and assets of $701K (revenue -8.7% year-over-year).
- 2013: Revenue of $665K, expenses of $630K, and assets of $743K (revenue +11.4% year-over-year).
- 2012: Revenue of $597K, expenses of $579K, and assets of $708K (revenue -10.1% year-over-year).
- 2011: Revenue of $663K, expenses of $575K, and assets of $690K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Azle Caring Center:
Data Sources and Methodology
This transparency report for Azle Caring Center 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.