Is St Anns Apartments Inc Delta Development Of Wny Inc Legit?
Quick charity verification for St Anns Apartments Inc Delta Development Of Wny Inc (EIN: 161457662)
Verdict: St Anns Apartments Inc Delta Development Of Wny Inc has notable concerns
10/100Mission Score
$1Revenue
$5KAssets
5Red Flags
2Strengths
Red Flags
Extremely low revenue ($1 in 2022 and 2021) compared to significant liabilities ($3,159,815 in 2022).
High liabilities relative to assets ($4,687 assets vs. $3,159,815 liabilities in 2022).
Minimal expenses ($64 in 2022) suggesting very limited or no program activity.
Historical periods of negative assets (e.g., $-63,353 in 2015).
Inconsistent financial performance over time, with periods of higher revenue followed by near-dormancy.
Strengths
Consistent filing of IRS 990 forms, indicating compliance with reporting requirements.
No reported officer compensation, suggesting low overhead in terms of executive salaries.
Spending Breakdown
How St Anns Apartments Inc Delta Development Of Wny Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 St Anns Apartments Inc Delta Development Of Wny Inc
Is St Anns Apartments Inc Delta Development Of Wny Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Anns Apartments Inc Delta Development Of Wny Inc (EIN: 161457662) has notable concerns. Mission Score: 10/100. 5 red flags identified, 2 strengths noted.
Is St Anns Apartments Inc Delta Development Of Wny Inc a good charity to donate to?
St Anns Apartments Inc Delta Development Of Wny Inc has a Mission Score of 10/100. Revenue: $1. Assets: $5K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Anns Apartments Inc Delta Development Of Wny Inc?
The Employer Identification Number (EIN) for St Anns Apartments Inc Delta Development Of Wny Inc is 161457662. 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 St Anns Apartments Inc Delta Development Of Wny Inc spend its money?
St Anns Apartments Inc Delta Development Of Wny Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Anns Apartments Inc Delta Development Of Wny Inc's tax-exempt status?
You can verify St Anns Apartments Inc Delta Development Of Wny Inc's tax-exempt status using EIN 161457662 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
St Anns Apartments Inc Delta Development Of Wny Inc appears to be in a precarious financial state, with recent filings showing minimal revenue and significant liabilities. For the 2022 fiscal period, the organization reported only $1 in revenue against $64 in expenses, and assets of $4,687 against liabilities of $3,159,815. This pattern of extremely low revenue and high liabilities has been consistent in recent years, raising concerns about its long-term viability and ability to fulfill its mission. The organization's NTEE code L20Z suggests it is involved in housing and shelter, but the financial data does not reflect substantial operational activity or program spending.
The organization's financial health is further complicated by its historical data, which includes periods of negative assets, such as $-63,353 in 2015 and $-91,632 in 2011. While there were periods with higher revenue (e.g., $48,350 in 2020), the overall trend points to an entity that is either dormant, undergoing significant restructuring, or facing severe financial distress. The lack of reported officer compensation across all filings suggests a volunteer-led or minimally staffed operation, which could be a strength in terms of overhead but also indicates a lack of significant operational scale.
Given the minimal revenue and expenses in recent years, it is difficult to assess spending efficiency or program impact. The organization's transparency is adequate in terms of filing its IRS 990s, but the financial figures themselves raise more questions than they answer regarding its current activities and future plans. The substantial liabilities, particularly the $3,159,815 reported in 2022, are a major concern and suggest potential long-standing debt or financial obligations that far outweigh its assets and operational capacity.