Irha Energy Services Inc
EIN: 261584681 · Fairbanks, AK · NTEE: C35
| Metric | Value |
|---|---|
| Total Revenue | $295 |
| Net Assets | $-10,047 |
Is Irha Energy Services Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Irha Energy Services Inc
Irha Energy Services Inc (EIN: 261584681) is a nonprofit organization based in Fairbanks, AK, classified under NTEE code C35. The organization reported total revenue of $295 and total assets of $300K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Irha Energy Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Irha Energy Services Inc is a micro 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 -33.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $268 |
| Total Expenses | $0 |
| Surplus / Deficit | +$268 |
| Total Assets | $290K |
| Total Liabilities | $300K |
| Net Assets | $-10,047 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 103.5% |
Financial Health Grade: B
In 2023, Irha Energy Services Inc reported a surplus of $268 with revenue exceeding expenses, has a debt-to-asset ratio of 103.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Irha Energy Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -33.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -93.5% | — | +0.1% |
| 2022 | -72.5% | -100.0% | -4.9% |
| 2021 | +28.9% | -44.1% | +5.2% |
| 2020 | +126.6% | +353.5% | +1.8% |
| 2019 | -89.7% | -88.5% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Irha Energy Services Inc 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 Irha Energy Services Inc 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:
- Debt-to-asset ratio: 103.5%.
Frequently Asked Questions about Irha Energy Services Inc
Is Irha Energy Services Inc a legitimate charity?
Irha Energy Services Inc (EIN: 261584681) is a registered tax-exempt nonprofit based in Alaska. It has 13 years of IRS 990 filings on record. Total revenue: $295. No red flags identified. Financial health grade: B.
How does Irha Energy Services Inc spend its money?
Irha Energy Services Inc reported $295 in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Irha Energy Services Inc tax-deductible?
Irha Energy Services Inc is registered as a tax-exempt nonprofit (EIN: 261584681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Irha Energy Services Inc located?
Irha Energy Services Inc is headquartered in Fairbanks, Alaska and files with the IRS under EIN 261584681. It is classified under NTEE code C35.
How many years of IRS 990 filings does Irha Energy Services Inc have?
Irha Energy Services 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 $295 in total revenue.
Filing History
IRS 990 filing history for Irha Energy Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Irha Energy Services Inc's revenue has declined by 99.2%, moving from $33K to $268. Total assets increased by 768.5% over the same period, from $33K to $290K. Total functional expenses fell by 100%, from $33K to $0. The organization holds $300K in liabilities against $290K in assets (debt-to-asset ratio: 103.5%), resulting in net assets of $-10,047.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $268 | $0 | $290K | $300K | — | — |
| 2022 | $4K | $0 | $289K | $300K | — | — |
| 2021 | $15K | $15K | $304K | $319K | — | — |
| 2020 | $12K | $27K | $289K | $304K | — | — |
| 2019 | $5K | $6K | $284K | $284K | — | View 990 |
| 2018 | $50K | $51K | $279K | $279K | — | View 990 |
| 2017 | $85K | $85K | $224K | $224K | — | — |
| 2016 | $81K | $82K | $167K | $167K | — | View 990 |
| 2015 | $85K | $85K | $79K | $79K | — | View 990 |
| 2014 | $107K | $107K | $598K | $598K | — | View 990 |
| 2013 | $330K | $330K | $494K | $494K | — | View 990 |
| 2012 | $216K | $216K | $211K | $211K | — | View 990 |
| 2011 | $33K | $33K | $33K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $268, expenses of $0, and assets of $290K (revenue -93.5% year-over-year).
- 2022: Revenue of $4K, expenses of $0, and assets of $289K (revenue -72.5% year-over-year).
- 2021: Revenue of $15K, expenses of $15K, and assets of $304K (revenue +28.9% year-over-year).
- 2020: Revenue of $12K, expenses of $27K, and assets of $289K (revenue +126.6% year-over-year).
- 2019: Revenue of $5K, expenses of $6K, and assets of $284K (revenue -89.7% year-over-year).
- 2018: Revenue of $50K, expenses of $51K, and assets of $279K (revenue -40.9% year-over-year).
- 2017: Revenue of $85K, expenses of $85K, and assets of $224K (revenue +5.0% year-over-year).
- 2016: Revenue of $81K, expenses of $82K, and assets of $167K (revenue -5.0% year-over-year).
- 2015: Revenue of $85K, expenses of $85K, and assets of $79K (revenue -20.0% year-over-year).
- 2014: Revenue of $107K, expenses of $107K, and assets of $598K (revenue -67.7% year-over-year).
- 2013: Revenue of $330K, expenses of $330K, and assets of $494K (revenue +52.5% year-over-year).
- 2012: Revenue of $216K, expenses of $216K, and assets of $211K (revenue +548.6% year-over-year).
- 2011: Revenue of $33K, expenses of $33K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Irha Energy Services Inc:
Data Sources and Methodology
This transparency report for Irha Energy Services 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.