Safe Alliance Inc
EIN: 560529967 · Charlotte, NC · NTEE: P40Z
| Metric | Value |
|---|---|
| Total Revenue | $11.5M |
| Total Expenses | $8.0M |
| Net Assets | $8.0M |
Is Safe Alliance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Safe Alliance Inc
Safe Alliance Inc (EIN: 560529967) is a nonprofit organization based in Charlotte, NC, classified under NTEE code P40Z. The organization reported total revenue of $11.5M and total assets of $12.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safe Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Safe Alliance Inc is a large nonprofit that has been operating for 79 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.0M |
| Total Expenses | $8.0M |
| Surplus / Deficit | $-1,025,260 |
| Total Assets | $9.7M |
| Total Liabilities | $1.6M |
| Net Assets | $8.0M |
| Operating Margin | -14.7% |
| Debt-to-Asset Ratio | 17.0% |
| Months of Reserves | 14.6 months |
Financial Health Grade: B
In 2024, Safe Alliance Inc reported a deficit of $1.0M with expenses exceeding revenue, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 17.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Safe Alliance Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.5% | +8.4% | -5.8% |
| 2023 | -14.7% | -0.3% | +2.9% |
| 2022 | -1.5% | +8.8% | +10.5% |
| 2021 | +32.4% | +0.6% | +10.6% |
| 2020 | +5.5% | +13.1% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Safe Alliance 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 Safe Alliance 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.0%.
Frequently Asked Questions about Safe Alliance Inc
Is Safe Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Safe Alliance Inc (EIN: 560529967) insufficient data. 0 red flags identified, 0 strengths noted.
How does Safe Alliance Inc spend its money?
Detailed spending breakdown data is not yet available for Safe Alliance Inc. Check back for updated IRS 990 analysis.
Are donations to Safe Alliance Inc tax-deductible?
Safe Alliance Inc is registered as a tax-exempt nonprofit (EIN: 560529967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Safe Alliance Inc located?
Safe Alliance Inc is headquartered in Charlotte, North Carolina and files with the IRS under EIN 560529967. It is classified under NTEE code P40Z.
How many years of IRS 990 filings does Safe Alliance Inc have?
Safe Alliance 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 $11.5M in total revenue.
Filing History
IRS 990 filing history for Safe Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Safe Alliance Inc's revenue has declined by 12.7%, moving from $8.0M to $7.0M. Total assets decreased by 13% over the same period, from $11.1M to $9.7M. Total functional expenses rose by 33.6%, from $6.0M to $8.0M. In its most recent filing year (2024), Safe Alliance Inc reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $9.7M in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7.0M | $8.0M | $9.7M | $1.6M | — | — |
| 2023 | $7.1M | $7.4M | $10.3M | $1.2M | — | View 990 |
| 2022 | $8.4M | $7.4M | $10.0M | $706K | — | View 990 |
| 2021 | $8.5M | $6.8M | $9.1M | $733K | — | — |
| 2020 | $6.4M | $6.8M | $8.2M | $1.6M | — | View 990 |
| 2019 | $6.1M | $6.0M | $7.7M | $721K | — | View 990 |
| 2018 | $4.5M | $5.0M | $7.5M | $655K | — | View 990 |
| 2017 | $4.3M | $4.7M | $8.0M | $631K | — | View 990 |
| 2016 | $4.3M | $4.6M | $8.4M | $599K | — | View 990 |
| 2015 | $5.1M | $6.3M | $8.7M | $642K | — | — |
| 2014 | $6.1M | $6.4M | $10.5M | $1.2M | — | View 990 |
| 2013 | $6.5M | $6.6M | $11.7M | $2.1M | — | View 990 |
| 2012 | $8.0M | $6.0M | $11.1M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.0M, expenses of $8.0M, and assets of $9.7M (revenue -2.5% year-over-year).
- 2023: Revenue of $7.1M, expenses of $7.4M, and assets of $10.3M (revenue -14.7% year-over-year).
- 2022: Revenue of $8.4M, expenses of $7.4M, and assets of $10.0M (revenue -1.5% year-over-year).
- 2021: Revenue of $8.5M, expenses of $6.8M, and assets of $9.1M (revenue +32.4% year-over-year).
- 2020: Revenue of $6.4M, expenses of $6.8M, and assets of $8.2M (revenue +5.5% year-over-year).
- 2019: Revenue of $6.1M, expenses of $6.0M, and assets of $7.7M (revenue +35.8% year-over-year).
- 2018: Revenue of $4.5M, expenses of $5.0M, and assets of $7.5M (revenue +3.1% year-over-year).
- 2017: Revenue of $4.3M, expenses of $4.7M, and assets of $8.0M (revenue +0.7% year-over-year).
- 2016: Revenue of $4.3M, expenses of $4.6M, and assets of $8.4M (revenue -15.3% year-over-year).
- 2015: Revenue of $5.1M, expenses of $6.3M, and assets of $8.7M (revenue -16.0% year-over-year).
- 2014: Revenue of $6.1M, expenses of $6.4M, and assets of $10.5M (revenue -7.5% year-over-year).
- 2013: Revenue of $6.5M, expenses of $6.6M, and assets of $11.7M (revenue -17.9% year-over-year).
- 2012: Revenue of $8.0M, expenses of $6.0M, and assets of $11.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Safe Alliance Inc:
Data Sources and Methodology
This transparency report for Safe Alliance 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.