Banner University Care Advantage
EIN: 463757358 · Phoenix, AZ · NTEE: E21
| Metric | Value |
|---|---|
| Total Revenue | $305.0M |
| Total Expenses | $330.3M |
| Net Assets | $8.9M |
Is Banner University Care Advantage Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Banner University Care Advantage
Banner University Care Advantage (EIN: 463757358) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code E21. The organization reported total revenue of $305.0M and total assets of $87.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Banner University Care Advantage's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Banner University Care Advantage is a major nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 21.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $327.9M |
| Total Expenses | $330.3M |
| Surplus / Deficit | $-2,427,476 |
| Total Assets | $93.0M |
| Total Liabilities | $84.1M |
| Net Assets | $8.9M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 90.4% |
| Months of Reserves | 3.4 months |
Financial Health Grade: C
In 2023, Banner University Care Advantage reported a deficit of $2.4M with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 90.4% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Banner University Care Advantage's revenue has grown at a compound annual growth rate (CAGR) of 21.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | +0.2% | -27.9% |
| 2022 | -3.2% | +4.8% | +30.3% |
| 2021 | +2.2% | +3.3% | +5.7% |
| 2020 | +9.9% | +10.6% | -16.0% |
| 2019 | +50.5% | +45.2% | +59.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Banner University Care Advantage has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Banner University Care Advantage with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 90.4%.
Frequently Asked Questions about Banner University Care Advantage
Is Banner University Care Advantage a legitimate charity?
Based on AI analysis of IRS 990 filings, Banner University Care Advantage (EIN: 463757358) insufficient data. 0 red flags identified, 0 strengths noted.
How does Banner University Care Advantage spend its money?
Detailed spending breakdown data is not yet available for Banner University Care Advantage. Check back for updated IRS 990 analysis.
Are donations to Banner University Care Advantage tax-deductible?
Banner University Care Advantage is registered as a tax-exempt nonprofit (EIN: 463757358). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Banner University Care Advantage located?
Banner University Care Advantage is headquartered in Phoenix, Arizona and files with the IRS under EIN 463757358. It is classified under NTEE code E21.
How many years of IRS 990 filings does Banner University Care Advantage have?
Banner University Care Advantage has 8 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 $305.0M in total revenue.
Filing History
IRS 990 filing history for Banner University Care Advantage showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Banner University Care Advantage's revenue has grown by 279%, moving from $86.5M to $327.9M. Total assets increased by 227.7% over the same period, from $28.4M to $93.0M. Total functional expenses rose by 260.9%, from $91.5M to $330.3M. In its most recent filing year (2023), Banner University Care Advantage reported a deficit of $2.4M, with expenses exceeding revenue. The organization holds $84.1M in liabilities against $93.0M in assets (debt-to-asset ratio: 90.4%), resulting in net assets of $8.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $327.9M | $330.3M | $93.0M | $84.1M | — | — |
| 2022 | $308.6M | $329.5M | $128.9M | $117.6M | — | View 990 |
| 2021 | $318.7M | $314.6M | $98.9M | $66.7M | — | View 990 |
| 2020 | $311.9M | $304.6M | $93.6M | $65.5M | — | — |
| 2019 | $283.8M | $275.4M | $111.5M | $90.7M | — | View 990 |
| 2018 | $188.6M | $189.6M | $70.0M | $57.7M | — | View 990 |
| 2017 | $110.2M | $113.2M | $48.5M | $37.9M | — | View 990 |
| 2016 | $86.5M | $91.5M | $28.4M | $23.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $327.9M, expenses of $330.3M, and assets of $93.0M (revenue +6.2% year-over-year).
- 2022: Revenue of $308.6M, expenses of $329.5M, and assets of $128.9M (revenue -3.2% year-over-year).
- 2021: Revenue of $318.7M, expenses of $314.6M, and assets of $98.9M (revenue +2.2% year-over-year).
- 2020: Revenue of $311.9M, expenses of $304.6M, and assets of $93.6M (revenue +9.9% year-over-year).
- 2019: Revenue of $283.8M, expenses of $275.4M, and assets of $111.5M (revenue +50.5% year-over-year).
- 2018: Revenue of $188.6M, expenses of $189.6M, and assets of $70.0M (revenue +71.2% year-over-year).
- 2017: Revenue of $110.2M, expenses of $113.2M, and assets of $48.5M (revenue +27.4% year-over-year).
- 2016: Revenue of $86.5M, expenses of $91.5M, and assets of $28.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Banner University Care Advantage:
Data Sources and Methodology
This transparency report for Banner University Care Advantage 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.