National Alliance Of Concurrent Enrollment Partnerships Inc

National Alliance Of Concurrent Enrollment Partnerships Inc shows consistent revenue growth but a significant increase in liabilities in 2023.

EIN: 161609101 · Chapel Hill, NC · NTEE: B90 · Updated: 2026-03-28

$1.5MRevenue
$1.9MAssets
75/100Mission Score (Good)
B90
National Alliance Of Concurrent Enrollment Partnerships Inc Financial Summary
MetricValue
Total Revenue$1.5M
Total Expenses$1.6M
Program Spending85%
CEO/Top Officer Pay$1.5
Net Assets$872K
Transparency Score75/100

Is National Alliance Of Concurrent Enrollment Partnerships Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

National Alliance Of Concurrent Enrollment Partnerships Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About National Alliance Of Concurrent Enrollment Partnerships Inc

National Alliance Of Concurrent Enrollment Partnerships Inc (EIN: 161609101) is a nonprofit organization based in Chapel Hill, NC, classified under NTEE code B90. The organization reported total revenue of $1.5M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Alliance Of Concurrent Enrollment Partnerships Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

24Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

National Alliance Of Concurrent Enrollment Partnerships Inc 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 22.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.6M
Total Expenses$1.6M
Surplus / Deficit+$9K
Total Assets$874K
Total Liabilities$2K
Net Assets$872K
Operating Margin0.6%
Debt-to-Asset Ratio0.3%
Months of Reserves6.7 months

Financial Health Grade: A

In 2023, National Alliance Of Concurrent Enrollment Partnerships Inc reported a surplus of $9K with revenue exceeding expenses, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), National Alliance Of Concurrent Enrollment Partnerships Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+46.5%+62.7%-0.5%
2022+11.5%+9.5%+12.3%
2021+50.3%+32.9%+11.8%
2020-50.1%-41.6%-2.3%
2019+9.9%+24.5%+30.4%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2002

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The National Alliance Of Concurrent Enrollment Partnerships Inc (NACEP) demonstrates a generally healthy financial position with consistent revenue growth over the past several years, reaching $1,586,637 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenues of $1,586,637 exceeded expenses of $1,577,699, indicating sound financial management. While assets have fluctuated, the organization maintains a positive net asset position. A notable point is the reported 0% officer compensation across all available filings, which suggests either a volunteer-led executive structure or that compensation is reported under other expense categories, warranting further investigation for complete transparency. The significant increase in liabilities to $2,490,000 in 2023 from $7,099 in 2022 is a critical red flag that requires immediate attention and explanation, as it represents a substantial shift in the organization's financial structure and could impact future stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates National Alliance Of Concurrent Enrollment Partnerships Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, National Alliance Of Concurrent Enrollment Partnerships Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$1.6MTotal Revenue
$1.6MTotal Expenses
$874KTotal Assets
$2KTotal Liabilities
$872KNet Assets
  • The organization reported a surplus of $9K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.3%.

Executive Compensation Analysis

The reported 0% officer compensation across all available filings is unusual for an organization of this size with over $1.5 million in annual revenue, suggesting that executive compensation may be categorized differently or that the organization relies heavily on volunteer leadership.

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 National Alliance Of Concurrent Enrollment Partnerships Inc's IRS 990 filings:

  • Dramatic increase in liabilities to $2,490,000 in 2023 from $7,099 in 2022, requiring immediate explanation.
  • 0% reported officer compensation across all filings, which is unusual for an organization of this size and warrants further investigation into executive remuneration practices.

Strengths

The following positive indicators were identified for National Alliance Of Concurrent Enrollment Partnerships Inc:

  • Consistent revenue growth, with revenue increasing from $534,994 in 2014 to $1,586,637 in 2023.
  • Generally operates with a surplus, indicating sound financial management (e.g., $1,586,637 revenue vs. $1,577,699 expenses in 2023).
  • Positive net asset position, despite fluctuations in total assets.

Frequently Asked Questions about National Alliance Of Concurrent Enrollment Partnerships Inc

Is National Alliance Of Concurrent Enrollment Partnerships Inc a legitimate charity?

National Alliance Of Concurrent Enrollment Partnerships Inc (EIN: 161609101) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does National Alliance Of Concurrent Enrollment Partnerships Inc spend its money?

National Alliance Of Concurrent Enrollment Partnerships Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to National Alliance Of Concurrent Enrollment Partnerships Inc tax-deductible?

National Alliance Of Concurrent Enrollment Partnerships Inc is registered as a tax-exempt nonprofit (EIN: 161609101). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the National Alliance Of Concurrent Enrollment Partnerships Inc CEO make?

National Alliance Of Concurrent Enrollment Partnerships Inc's highest-compensated officer earns $1.5 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of National Alliance Of Concurrent Enrollment Partnerships Inc's spending goes to programs?

National Alliance Of Concurrent Enrollment Partnerships Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does National Alliance Of Concurrent Enrollment Partnerships Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), National Alliance Of Concurrent Enrollment Partnerships Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is National Alliance Of Concurrent Enrollment Partnerships Inc located?

National Alliance Of Concurrent Enrollment Partnerships Inc is headquartered in Chapel Hill, North Carolina and files with the IRS under EIN 161609101. It is classified under NTEE code B90.

How many years of IRS 990 filings does National Alliance Of Concurrent Enrollment Partnerships Inc have?

National Alliance Of Concurrent Enrollment Partnerships 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 $1.5M in total revenue.

What caused the dramatic increase in liabilities to $2,490,000 in 2023 from $7,099 in 2022?

This is a critical question as the sudden and substantial increase in liabilities could indicate a major financial event, such as a loan, a significant deferred revenue obligation, or a change in accounting practices, which needs clarification for a full understanding of the organization's financial health.

How does NACEP manage to operate with 0% reported officer compensation?

Given the organization's revenue and operational scale, the absence of reported officer compensation is unusual. It suggests either a fully volunteer executive team or that compensation is reported under other expense lines, which impacts the transparency of executive remuneration.

What is the organization's strategy for managing its growing assets and liabilities?

With assets reaching $874,413 in 2023 and the significant liability increase, understanding the organization's asset and liability management strategy is crucial for assessing long-term financial stability.

Filing History

IRS 990 filing history for National Alliance Of Concurrent Enrollment Partnerships Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), National Alliance Of Concurrent Enrollment Partnerships Inc's revenue has grown by 1029.4%, moving from $140K to $1.6M. Total assets increased by 335.1% over the same period, from $201K to $874K. Total functional expenses rose by 716.5%, from $193K to $1.6M. In its most recent filing year (2023), National Alliance Of Concurrent Enrollment Partnerships Inc reported a surplus of $9K, with revenue exceeding expenses. The organization holds $2K in liabilities against $874K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $872K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.6M $1.6M $874K $2K
2022 $1.1M $970K $879K $7K
2021 $971K $886K $783K $6K View 990
2020 $646K $666K $700K $12K View 990
2019 $1.3M $1.1M $717K $5K View 990
2018 $1.2M $916K $550K $9K View 990
2017 $784K $760K $293K $6K View 990
2016 $687K $635K $267K $4K View 990
2015 $655K $567K $213K $2K View 990
2014 $535K $590K $126K $3K View 990
2013 $343K $404K $178K $521 View 990
2012 $385K $350K $236K $0 View 990
2011 $140K $193K $201K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $874K (revenue +46.5% year-over-year).
  • 2022: Revenue of $1.1M, expenses of $970K, and assets of $879K (revenue +11.5% year-over-year).
  • 2021: Revenue of $971K, expenses of $886K, and assets of $783K (revenue +50.3% year-over-year).
  • 2020: Revenue of $646K, expenses of $666K, and assets of $700K (revenue -50.1% year-over-year).
  • 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $717K (revenue +9.9% year-over-year).
  • 2018: Revenue of $1.2M, expenses of $916K, and assets of $550K (revenue +50.2% year-over-year).
  • 2017: Revenue of $784K, expenses of $760K, and assets of $293K (revenue +14.1% year-over-year).
  • 2016: Revenue of $687K, expenses of $635K, and assets of $267K (revenue +5.0% year-over-year).
  • 2015: Revenue of $655K, expenses of $567K, and assets of $213K (revenue +22.4% year-over-year).
  • 2014: Revenue of $535K, expenses of $590K, and assets of $126K (revenue +56.2% year-over-year).
  • 2013: Revenue of $343K, expenses of $404K, and assets of $178K (revenue -11.0% year-over-year).
  • 2012: Revenue of $385K, expenses of $350K, and assets of $236K (revenue +174.1% year-over-year).
  • 2011: Revenue of $140K, expenses of $193K, and assets of $201K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for National Alliance Of Concurrent Enrollment Partnerships Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for National Alliance Of Concurrent Enrollment Partnerships 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.

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