Akt Healthcare Inc
Nonprofit profile at a glance
- EIN
- 833001095
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-N 2023
- Location
- Windsor Mill, MD, USA
- Phone
- 4438545899
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Health Support Services
Reported finances
- Revenue
- $1,043,029
- Expenses
- $622,020
- Assets
- $912,113
- Liabilities
- $423,364
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Highest reported compensation
- OLUFEMI OLAWALE (Chairman): $2,300 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our purpose is to provide unique healthcare services that promote the improvement of the health and wellness of individuals of all ages, health challenges and cultures.
What it reported doing in 2025
Supported 180 people with mental challenges who lost homelessness to recover and refuge.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 92% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 90
- Accountability: 0
- Sustainability: 65
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.3%; rating input score 57
- Program expense ratio: 96.1%; rating input score 96
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
- Governance controls: 0 of 9 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Limited
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 40.4%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 1.47; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.46; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 0.4%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 57.3% of revenue deployed · 96.1% of spending went to programs
- Governance: 0 of 4 board members independent · 0 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $597K in reported program spending
- Leadership: top reported pay $2K · 4 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- High — Accountability: Governance controls: 6 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 1/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.