Not An Alternative Inc
Not An Alternative Inc consistently reports 0% officer compensation amidst fluctuating revenues and steady asset growth.
EIN: 204018630 · Vashon, WA · NTEE: A20 · Updated: 2026-03-28
About Not An Alternative Inc
Not An Alternative Inc (EIN: 204018630) is a nonprofit organization based in Vashon, WA, classified under NTEE code A20. The organization reported total revenue of $1.1M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Not An Alternative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Not An Alternative Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Not An Alternative 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This suggests a volunteer-led organization or one where leadership compensation is covered by other means, significantly reducing overhead related to executive salaries.
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 Not An Alternative Inc's IRS 990 filings:
- Expenses exceeded revenue in the two most recent filing periods (2022 and 2023), indicating operational deficits.
Strengths
The following positive indicators were identified for Not An Alternative Inc:
- Consistent 0% officer compensation across all filings, maximizing funds for programs.
- Steady growth in assets from $73,117 in 2014 to $758,001 in 2023, indicating financial stability.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
- Strong program focus due to minimal overhead from executive salaries.
Frequently Asked Questions about Not An Alternative Inc
Is Not An Alternative Inc a good charity?
Based on the available data, Not An Alternative Inc appears to be a well-managed charity, particularly due to its consistent 0% officer compensation, which maximizes funds for its mission. Its assets have grown steadily, and liabilities are low, indicating financial stability.
How does Not An Alternative Inc manage its leadership costs?
The organization consistently reports 0% officer compensation, suggesting that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for a nonprofit.
What is the trend in Not An Alternative Inc's financial health?
Not An Alternative Inc has shown consistent asset growth from $73,117 in 2014 to $758,001 in 2023. While revenue and expenses fluctuate, the overall trend indicates financial stability and growth in resources, despite recent operational deficits in 2022 and 2023.
Are there any concerns about Not An Alternative Inc's spending?
The primary concern is the recent trend of expenses exceeding revenue in 2022 ($372,329 expenses vs $357,551 revenue) and 2023 ($527,514 expenses vs $474,016 revenue). While not severe, sustained deficits could impact long-term financial health if not addressed.
Filing History
IRS 990 filing history for Not An Alternative Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Not An Alternative Inc's revenue has grown by 479.3%, moving from $82K to $474K. Total assets increased by 1490.6% over the same period, from $48K to $758K. Total functional expenses rose by 650.3%, from $70K to $528K. In its most recent filing year (2023), Not An Alternative Inc reported a deficit of $53K, with expenses exceeding revenue. The organization holds $67K in liabilities against $758K in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $691K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $474K | $528K | $758K | $67K | — | — |
| 2022 | $358K | $372K | $748K | $4K | — | — |
| 2021 | $756K | $609K | $765K | $6K | — | View 990 |
| 2020 | $401K | $339K | $643K | $31K | — | View 990 |
| 2019 | $603K | $350K | $557K | $8K | — | View 990 |
| 2018 | $330K | $361K | $302K | $5K | — | View 990 |
| 2017 | $445K | $338K | $335K | $8K | — | View 990 |
| 2016 | $363K | $257K | $229K | $8K | — | View 990 |
| 2015 | $262K | $209K | $125K | $10K | — | View 990 |
| 2014 | $151K | $157K | $73K | $11K | — | View 990 |
| 2013 | $82K | $69K | $71K | $7K | — | View 990 |
| 2012 | $111K | $95K | $63K | $13K | — | View 990 |
| 2011 | $82K | $70K | $48K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $474K, expenses of $528K, and assets of $758K (revenue +32.6% year-over-year).
- 2022: Revenue of $358K, expenses of $372K, and assets of $748K (revenue -52.7% year-over-year).
- 2021: Revenue of $756K, expenses of $609K, and assets of $765K (revenue +88.6% year-over-year).
- 2020: Revenue of $401K, expenses of $339K, and assets of $643K (revenue -33.6% year-over-year).
- 2019: Revenue of $603K, expenses of $350K, and assets of $557K (revenue +82.6% year-over-year).
- 2018: Revenue of $330K, expenses of $361K, and assets of $302K (revenue -25.8% year-over-year).
- 2017: Revenue of $445K, expenses of $338K, and assets of $335K (revenue +22.6% year-over-year).
- 2016: Revenue of $363K, expenses of $257K, and assets of $229K (revenue +38.8% year-over-year).
- 2015: Revenue of $262K, expenses of $209K, and assets of $125K (revenue +73.3% year-over-year).
- 2014: Revenue of $151K, expenses of $157K, and assets of $73K (revenue +83.2% year-over-year).
- 2013: Revenue of $82K, expenses of $69K, and assets of $71K (revenue -25.6% year-over-year).
- 2012: Revenue of $111K, expenses of $95K, and assets of $63K (revenue +35.4% year-over-year).
- 2011: Revenue of $82K, expenses of $70K, and assets of $48K.
Data Sources and Methodology
This transparency report for Not An Alternative 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.