Is Metro Plaza Apartments Incorporated C O Thomas Nolan Legit?
Quick charity verification for Metro Plaza Apartments Incorporated C O Thomas Nolan (EIN: 222209064)
Verdict: Metro Plaza Apartments Incorporated C O Thomas Nolan appears trustworthy
75/100Mission Score
$2.0MRevenue
$5.3MAssets
2Red Flags
3Strengths
Red Flags
High liabilities relative to assets, consistently over 25% in recent years, could indicate financial strain or significant debt obligations.
Lack of detailed expense breakdown beyond 'compensation 0%' makes it difficult to assess administrative efficiency or fundraising costs.
Strengths
Consistent revenue generation over several years, demonstrating operational stability.
Zero reported compensation suggests a highly efficient or volunteer-driven model, maximizing funds for programs.
Steady asset growth from $3,142,777 in 2019 to $4,648,278 in 2023.
AI Transparency Report
Metro Plaza Apartments Incorporated C O Thomas Nolan is a housing & shelter nonprofit based in Binghamton, New York, with reported revenue of $2.0M and assets of $5.3M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 100% of spending goes to programs, 0% to administration, and 0% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or fully outsourced management structure without direct salary payments to executives. Revenue has grown +64% across 12 filing periods.