Allapattah Community Housing Ii Inc
Allapattah Community Housing Ii Inc consistently operates at a deficit, with expenses exceeding revenue for the past decade.
EIN: 204617189 · Miami, FL · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $929K |
| Total Expenses | $1.0M |
| Program Spending | 80% |
| Net Assets | $-3,236,959 |
| Transparency Score | 60/100 |
Is Allapattah Community Housing Ii Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Allapattah Community Housing Ii Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Allapattah Community Housing Ii Inc
Allapattah Community Housing Ii Inc (EIN: 204617189) is a nonprofit organization based in Miami, FL, classified under NTEE code L21. The organization reported total revenue of $929K and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allapattah Community Housing Ii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allapattah Community Housing Ii Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $847K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-197,500 |
| Total Assets | $5.7M |
| Total Liabilities | $9.0M |
| Net Assets | $-3,236,959 |
| Operating Margin | -23.3% |
| Debt-to-Asset Ratio | 156.6% |
| Months of Reserves | 65.7 months |
Financial Health Grade: C
In 2024, Allapattah Community Housing Ii Inc reported a deficit of $198K with expenses exceeding revenue, holds 65.7 months of operating reserves (strong position), has a debt-to-asset ratio of 156.6% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Allapattah Community Housing Ii Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.1% | +6.0% | -3.6% |
| 2023 | +3.3% | +0.2% | -3.4% |
| 2022 | +9.7% | +10.9% | -3.0% |
| 2021 | +18.1% | +9.9% | -3.1% |
| 2020 | +1.0% | +4.3% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Allapattah Community Housing Ii Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Allapattah Community Housing Ii Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $198K, with expenses exceeding revenue.
- Debt-to-asset ratio: 156.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for minimizing administrative costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Allapattah Community Housing Ii Inc's IRS 990 filings:
- Consistent operating deficits, with expenses exceeding revenue for over a decade (e.g., $1,044,599 expenses vs. $847,099 revenue in 202406).
- Declining asset base over time (from $7,534,923 in 201506 to $5,716,872 in 202406).
- High liabilities consistently exceeding assets, indicating significant debt burden (e.g., $8,953,831 liabilities vs. $5,716,872 assets in 202406).
Strengths
The following positive indicators were identified for Allapattah Community Housing Ii Inc:
- Consistent 0% officer compensation reported across all filings, indicating efficient use of funds by not allocating to executive salaries.
- Long and consistent filing history (13 filings), demonstrating compliance with IRS reporting requirements.
Frequently Asked Questions about Allapattah Community Housing Ii Inc
Is Allapattah Community Housing Ii Inc a legitimate charity?
Allapattah Community Housing Ii Inc (EIN: 204617189) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $929K. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Allapattah Community Housing Ii Inc spend its money?
Allapattah Community Housing Ii Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Allapattah Community Housing Ii Inc tax-deductible?
Allapattah Community Housing Ii Inc is registered as a tax-exempt nonprofit (EIN: 204617189). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Allapattah Community Housing Ii Inc's spending goes to programs?
Allapattah Community Housing Ii Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Allapattah Community Housing Ii Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Allapattah Community Housing Ii Inc is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Allapattah Community Housing Ii Inc located?
Allapattah Community Housing Ii Inc is headquartered in Miami, Florida and files with the IRS under EIN 204617189. It is classified under NTEE code L21.
How many years of IRS 990 filings does Allapattah Community Housing Ii Inc have?
Allapattah Community Housing Ii Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $929K in total revenue.
What is the primary source of Allapattah Community Housing Ii Inc's revenue, given its consistent operating deficits?
The provided data indicates consistent operating deficits, suggesting that current revenue streams are insufficient to cover expenses. Further investigation into the full 990 forms would be needed to identify specific revenue sources and any potential grants or other funding mechanisms that are not fully offsetting costs.
How does Allapattah Community Housing Ii Inc plan to address its persistent operating deficits and declining asset base?
The filings show a trend of expenses exceeding revenue and a decrease in assets over time. The organization would need to either increase its revenue generation or reduce its expenses to achieve financial sustainability. The specific strategies are not detailed in the summary data.
What are the specific program activities that Allapattah Community Housing Ii Inc undertakes, and how are they funded?
The NTEE code L21 suggests 'Housing Development, Construction & Management' activities. While the data shows overall expenses, it does not detail the specific programs or how they are funded beyond the general revenue figures.
What is the nature of the high liabilities, which consistently exceed assets, and how are they being managed?
Liabilities have consistently been significantly higher than assets, for example, $8,953,831 in liabilities versus $5,716,872 in assets in 202406. This suggests substantial debt, possibly related to property acquisition or development, which warrants further investigation into the organization's balance sheet and debt management strategies.
Filing History
IRS 990 filing history for Allapattah Community Housing Ii Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Allapattah Community Housing Ii Inc's revenue has grown by 89%, moving from $448K to $847K. Total assets decreased by 30.3% over the same period, from $8.2M to $5.7M. Total functional expenses rose by 58.5%, from $659K to $1.0M. In its most recent filing year (2024), Allapattah Community Housing Ii Inc reported a deficit of $198K, with expenses exceeding revenue. The organization holds $9.0M in liabilities against $5.7M in assets (debt-to-asset ratio: 156.6%), resulting in net assets of $-3,236,959.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $847K | $1.0M | $5.7M | $9.0M | — | View 990 |
| 2023 | $783K | $985K | $5.9M | $9.0M | — | View 990 |
| 2022 | $758K | $984K | $6.1M | $9.0M | — | View 990 |
| 2021 | $691K | $887K | $6.3M | $8.9M | — | View 990 |
| 2020 | $586K | $808K | $6.5M | $8.9M | — | View 990 |
| 2019 | $580K | $774K | $6.7M | $8.9M | — | View 990 |
| 2018 | $530K | $698K | $6.9M | $8.9M | — | View 990 |
| 2017 | $509K | $750K | $7.1M | $8.9M | — | View 990 |
| 2016 | $510K | $714K | $7.3M | $8.9M | — | View 990 |
| 2015 | $510K | $720K | $7.5M | $8.9M | — | View 990 |
| 2014 | $493K | $742K | $7.7M | $8.9M | — | View 990 |
| 2013 | $496K | $696K | $8.0M | $8.9M | — | View 990 |
| 2012 | $448K | $659K | $8.2M | $8.9M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $847K, expenses of $1.0M, and assets of $5.7M (revenue +8.1% year-over-year).
- 2023: Revenue of $783K, expenses of $985K, and assets of $5.9M (revenue +3.3% year-over-year).
- 2022: Revenue of $758K, expenses of $984K, and assets of $6.1M (revenue +9.7% year-over-year).
- 2021: Revenue of $691K, expenses of $887K, and assets of $6.3M (revenue +18.1% year-over-year).
- 2020: Revenue of $586K, expenses of $808K, and assets of $6.5M (revenue +1.0% year-over-year).
- 2019: Revenue of $580K, expenses of $774K, and assets of $6.7M (revenue +9.5% year-over-year).
- 2018: Revenue of $530K, expenses of $698K, and assets of $6.9M (revenue +4.0% year-over-year).
- 2017: Revenue of $509K, expenses of $750K, and assets of $7.1M (revenue +-0.0% year-over-year).
- 2016: Revenue of $510K, expenses of $714K, and assets of $7.3M (revenue +-0.0% year-over-year).
- 2015: Revenue of $510K, expenses of $720K, and assets of $7.5M (revenue +3.3% year-over-year).
- 2014: Revenue of $493K, expenses of $742K, and assets of $7.7M (revenue -0.5% year-over-year).
- 2013: Revenue of $496K, expenses of $696K, and assets of $8.0M (revenue +10.7% year-over-year).
- 2012: Revenue of $448K, expenses of $659K, and assets of $8.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allapattah Community Housing Ii Inc:
Data Sources and Methodology
This transparency report for Allapattah Community Housing Ii Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.