Port Alsworth Improvement Corporation
EIN: 943137666 · Port Alsworth, AK
| Metric | Value |
|---|---|
| Total Revenue | $124K |
| Total Expenses | $157K |
| Net Assets | $841K |
Is Port Alsworth Improvement Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Port Alsworth Improvement Corporation
Port Alsworth Improvement Corporation (EIN: 943137666) is a nonprofit organization based in Port Alsworth, AK. The organization reported total revenue of $124K and total assets of $826K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port Alsworth Improvement Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Port Alsworth Improvement Corporation is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $157K |
| Surplus / Deficit | $-44,717 |
| Total Assets | $844K |
| Total Liabilities | $4K |
| Net Assets | $841K |
| Operating Margin | -39.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 64.4 months |
Financial Health Grade: B
In 2023, Port Alsworth Improvement Corporation reported a deficit of $45K with expenses exceeding revenue, holds 64.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Port Alsworth Improvement Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.9% | +44.2% | -5.0% |
| 2022 | -5.6% | -0.5% | -0.3% |
| 2021 | -9.5% | +6.1% | +0.1% |
| 2020 | -8.6% | -26.0% | +2.6% |
| 2019 | -34.0% | -28.4% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Port Alsworth Improvement Corporation 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 Port Alsworth Improvement Corporation 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 $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Port Alsworth Improvement Corporation
Is Port Alsworth Improvement Corporation a legitimate charity?
Port Alsworth Improvement Corporation (EIN: 943137666) is a registered tax-exempt nonprofit based in Alaska. It has 13 years of IRS 990 filings on record. Total revenue: $124K. No red flags identified. Financial health grade: B.
How does Port Alsworth Improvement Corporation spend its money?
Port Alsworth Improvement Corporation reported $124K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Port Alsworth Improvement Corporation tax-deductible?
Port Alsworth Improvement Corporation is registered as a tax-exempt nonprofit (EIN: 943137666). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Port Alsworth Improvement Corporation located?
Port Alsworth Improvement Corporation is headquartered in Port Alsworth, Alaska and files with the IRS under EIN 943137666.
How many years of IRS 990 filings does Port Alsworth Improvement Corporation have?
Port Alsworth Improvement Corporation 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 $124K in total revenue.
Filing History
IRS 990 filing history for Port Alsworth Improvement Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Port Alsworth Improvement Corporation's revenue has grown by 136%, moving from $48K to $113K. Total assets increased by 135.8% over the same period, from $358K to $844K. Total functional expenses rose by 316.7%, from $38K to $157K. In its most recent filing year (2023), Port Alsworth Improvement Corporation reported a deficit of $45K, with expenses exceeding revenue. The organization holds $4K in liabilities against $844K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $841K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $157K | $844K | $4K | — | — |
| 2022 | $105K | $109K | $889K | $3K | — | View 990 |
| 2021 | $112K | $110K | $892K | $2K | — | — |
| 2020 | $123K | $103K | $891K | $4K | — | View 990 |
| 2019 | $135K | $140K | $868K | $781 | — | View 990 |
| 2018 | $204K | $195K | $874K | $2K | — | View 990 |
| 2017 | $142K | $174K | $864K | $1K | — | View 990 |
| 2016 | $191K | $189K | $896K | $1K | — | View 990 |
| 2015 | $166K | $98K | $893K | $329 | — | View 990 |
| 2014 | $274K | $247K | $825K | $696 | — | View 990 |
| 2013 | $228K | $91K | $798K | $845 | — | View 990 |
| 2012 | $379K | $76K | $663K | $1K | — | View 990 |
| 2011 | $48K | $38K | $358K | $616 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $157K, and assets of $844K (revenue +6.9% year-over-year).
- 2022: Revenue of $105K, expenses of $109K, and assets of $889K (revenue -5.6% year-over-year).
- 2021: Revenue of $112K, expenses of $110K, and assets of $892K (revenue -9.5% year-over-year).
- 2020: Revenue of $123K, expenses of $103K, and assets of $891K (revenue -8.6% year-over-year).
- 2019: Revenue of $135K, expenses of $140K, and assets of $868K (revenue -34.0% year-over-year).
- 2018: Revenue of $204K, expenses of $195K, and assets of $874K (revenue +44.0% year-over-year).
- 2017: Revenue of $142K, expenses of $174K, and assets of $864K (revenue -25.7% year-over-year).
- 2016: Revenue of $191K, expenses of $189K, and assets of $896K (revenue +14.7% year-over-year).
- 2015: Revenue of $166K, expenses of $98K, and assets of $893K (revenue -39.3% year-over-year).
- 2014: Revenue of $274K, expenses of $247K, and assets of $825K (revenue +20.6% year-over-year).
- 2013: Revenue of $228K, expenses of $91K, and assets of $798K (revenue -40.0% year-over-year).
- 2012: Revenue of $379K, expenses of $76K, and assets of $663K (revenue +695.2% year-over-year).
- 2011: Revenue of $48K, expenses of $38K, and assets of $358K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Port Alsworth Improvement Corporation:
Data Sources and Methodology
This transparency report for Port Alsworth Improvement Corporation 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.