Ahepa One INC

Tax-deductible

Decatur, GA501(c)(3)HousingEIN 58-2170955

To provide low income housing for the elderly.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
2 of 6
years in the black
Concern: 4 of the last 6 filings show a deficit.
Pt I · Ln 19 · 6 filings
How much reaches the programs?
85%
of spending
Looks good: 85% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
Do they carry debt?
$68K
liabilities
Looks good: debts are 2% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
13
independent of 13 voting board members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$747K
+8% vs prior year
Spent
$703K
To programs
85%
Net assets
$2.8M
By yearFY2020–FY2025
Revenue
$747K
FY2025▲ +8%
Revenue by fiscal year
FY2020$595K
FY2021$625K
FY2022$618K
FY2023$621K
FY2024$691K
FY2025$747K
Expenses
$703K
FY2025▼ -8%
Expenses by fiscal year
FY2020$619K
FY2021$613K
FY2022$668K
FY2023$681K
FY2024$765K
FY2025$703K
Net assets
$2.8M
FY2025▲ +2%
Net assets by fiscal year
FY2020−$1.3M
FY2021$2.9M
FY2022$2.9M
FY2023$2.8M
FY2024$2.8M
FY2025$2.8M

From the FY2025 Form 990 (year ending June 2025) · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CAhepa One INC
EINHdr · item D58-2170955
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 1995
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CDecatur, GA
NTEE classificationIRS BMFHousing (L210)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$597K
Management & general15%$106K
Total functional expensesLn 25$703K

Financial health

Is it on solid ground?

Program efficiency
85%
of spending reaches programs▼ -3% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +155% vs prior filing year
Revenue trend
+5%
avg. annual growth over 5 years▲ +22% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$2.9M
FY2025+0.4%
Total assets by fiscal year
FY2020$3.0M
FY2021$3.0M
FY2022$3.0M
FY2023$2.9M
FY2024$2.9M
FY2025$2.9M
Total liabilities
$68K
FY2025▼ -33%
Total liabilities by fiscal year
FY2020$4.3M
FY2021$39K
FY2022$60K
FY2023$44K
FY2024$101K
FY2025$68K
Revenue less expensesPt I · Ln 19$44K
Total assetsPt X · Ln 16$2.9M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$2.9M
Total liabilitiesLn 26$68K
Total net assetsLn 32$2.8M

Statement of Revenue

Part VIII
Program service revenue$713K · 95%
Investment income$26K · 4%
Other revenue$8K · 1%
Program service revenue95%$713K
Investment income4%$26K
Other revenue1%$8K
Total revenueLn 12$747K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $703K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $597K · Total expenses $703K
85%
Management & General
Management & general $106K · Total expenses $703K
15%
Fundraising
Fundraising $0 · Total expenses $703K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $747K
0%
Government reliance
Government grants — · Total revenue $747K
—
Earned-income share
Program service revenue $713K · Total revenue $747K
95%
Investment reliance
Investment income $26K · Total revenue $747K
+4%
Program self-sufficiency
Program service revenue $713K · Total expenses $703K
101%
Growth & trend
Revenue growth (YoY)
This year $747K · Prior year $691K
+8%
Revenue CAGR
FY2019 $595K · FY2024 $747K
+5%
Net-asset trend (YoY)
End of year $2.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $747K · Expenses $703K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $2.9M
—
Net-asset ratio
Net assets $2.8M · Total assets $2.9M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.9M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Peter Nassos · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $703K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $703K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%——
Overhead ratio 15%——
Revenue growth 8%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ahepa One INC executive salaries →

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Governance & Policies

Part VI
  • 13Voting board membersPt VI · Ln 1a
  • 13Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Builds and manages affordable homes for seniors.

Provided by the organization

This section is blank until Ahepa One INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $597K of program spending, described in the organization's own filed words · FY2024.
01

Provide housing to low income individuals.

$597Kprogram expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $747K$703K+8% 990 PDF
FY2024 $691K$765K+11% 990 PDF
FY2023 $621K$681K+0.5% 990 PDF
FY2022 $618K$668K-1% 990 PDF
FY2021 $625K$613K+5% 990 PDF
FY2020 $595K$619K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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