Quick charity verification for Bristol Place Apartments (EIN: 208402648)
Verdict: Bristol Place Apartments appears trustworthy
85/100Mission Score
$126KRevenue
$1.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent operating deficits, with expenses exceeding revenue in every reported period, leading to a decline in assets.
Lack of detailed expense breakdown in the provided data makes it difficult to fully assess spending efficiency beyond the high-level program focus.
Strengths
Zero reported officer compensation, indicating high efficiency in executive overhead.
Very low liabilities relative to assets, suggesting a healthy balance sheet in terms of debt.
Consistent filing of IRS Form 990s, demonstrating good transparency.
Clear mission focus on housing (NTEE L20).
Spending Breakdown
How Bristol Place Apartments allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bristol Place Apartments
Is Bristol Place Apartments a legitimate charity?
Based on AI analysis of IRS 990 filings, Bristol Place Apartments (EIN: 208402648) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Bristol Place Apartments a good charity to donate to?
Bristol Place Apartments has a Mission Score of 85/100. Revenue: $126K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bristol Place Apartments?
The Employer Identification Number (EIN) for Bristol Place Apartments is 208402648. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bristol Place Apartments spend its money?
Bristol Place Apartments allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bristol Place Apartments's tax-exempt status?
You can verify Bristol Place Apartments's tax-exempt status using EIN 208402648 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bristol Place Apartments appears to be a stable, albeit small, nonprofit focused on providing housing, as indicated by its NTEE code L20 (Housing). The organization consistently reports revenues in the range of $83,000 to $127,000 over the past decade, with expenses generally exceeding revenue, leading to a gradual decline in assets from $1.4 million in 2015 to $1.1 million in 2024. This trend suggests that the organization is operating at a deficit, drawing down its reserves to cover operational costs. However, the liabilities remain very low, typically under $25,000, indicating a healthy balance sheet in terms of debt.
The organization demonstrates strong financial transparency by consistently filing its IRS Form 990s. A significant positive aspect is the reported 0% officer compensation across all filings, which suggests that the organization is either entirely volunteer-run at the executive level or that compensation is covered by another entity, which would require further investigation. This lack of executive compensation, combined with its mission, points to a high degree of program focus, assuming the expenses are primarily directed towards its housing initiatives. The consistent deficit spending, however, raises questions about long-term financial sustainability if revenue streams do not increase or expenses are not brought in line with income.