Allen Park Tenants Association Inc
Allen Park Tenants Association Inc: Strong Financials, Low Program Spending
EIN: 223030417 · Springfield, MA · NTEE: L50 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $64K |
| Program Spending | 25% |
| Net Assets | $2.2M |
| Transparency Score | 65/100 |
Is Allen Park Tenants Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Allen Park Tenants Association Inc directs 25% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Allen Park Tenants Association Inc
Allen Park Tenants Association Inc (EIN: 223030417) is a nonprofit organization based in Springfield, MA, classified under NTEE code L50. The organization reported total revenue of $2.5M and total assets of $21.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allen Park Tenants Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allen Park Tenants Association Inc is a mid-size nonprofit that has been operating for 4 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $64K |
| Surplus / Deficit | $-39,038 |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | -153.5% |
| Months of Reserves | 413.5 months |
Financial Health Grade: B
In 2023, Allen Park Tenants Association Inc reported a deficit of $39K with expenses exceeding revenue, holds 413.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Allen Park Tenants Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +11.1% | -10.1% |
| 2022 | +0.0% | +30.9% | -4.0% |
| 2021 | +0.0% | +3.6% | -2.3% |
| 2020 | +0.0% | -14.4% | +1.4% |
| 2019 | -0.2% | -11.8% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Allen Park Tenants Association Inc with a Mission Score of 65 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: 35%
- programs: 25%
- fundraising: 40%
According to IRS 990 filings, Allen Park Tenants Association Inc allocates its expenses as follows: admin: 35%, programs: 25%, fundraising: 40%. Only 25% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but given the low overall expenses relative to assets, it is likely modest.
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 Allen Park Tenants Association Inc's IRS 990 filings:
- Program spending appears low relative to total expenses and assets, with only $64,478 spent on programs in 2023 out of $2,500,987 in revenue.
- A significant portion of revenue seems to be allocated to administrative and fundraising activities rather than direct program delivery.
Strengths
The following positive indicators were identified for Allen Park Tenants Association Inc:
- Consistently strong asset base, with $21,834,003 in assets reported.
- Stable revenue streams over multiple years, indicating financial resilience.
- No reported liabilities, suggesting a healthy financial position.
Frequently Asked Questions about Allen Park Tenants Association Inc
Is Allen Park Tenants Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Allen Park Tenants Association Inc (EIN: 223030417) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Allen Park Tenants Association Inc spend its money?
Allen Park Tenants Association Inc directs 25% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Allen Park Tenants Association Inc tax-deductible?
Allen Park Tenants Association Inc is registered as a tax-exempt nonprofit (EIN: 223030417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Allen Park Tenants Association Inc's spending goes to programs?
Allen Park Tenants Association Inc directs 25% to programs, 40% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Allen Park Tenants Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Allen Park Tenants Association Inc is above average for NTEE category L50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Allen Park Tenants Association Inc located?
Allen Park Tenants Association Inc is headquartered in Springfield, Massachusetts and files with the IRS under EIN 223030417. It is classified under NTEE code L50.
How many years of IRS 990 filings does Allen Park Tenants Association Inc have?
Allen Park Tenants Association 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 $2.5M in total revenue.
What does Allen Park Tenants Association Inc do?
Allen Park Tenants Association Inc is a nonprofit organization in the Housing & Shelter sector, located in Springfield, Massachusetts. It is classified under NTEE code L50.
How much revenue does Allen Park Tenants Association Inc have?
Allen Park Tenants Association Inc reported total revenue of $2,500,987. Based on 13 IRS 990 filings on record.
What are Allen Park Tenants Association Inc's total assets?
Allen Park Tenants Association Inc holds total assets of $21,834,003 as reported in IRS 990 filings.
Where is Allen Park Tenants Association Inc located?
Allen Park Tenants Association Inc is based in Springfield, Massachusetts.
What is Allen Park Tenants Association Inc's EIN?
Allen Park Tenants Association Inc's Employer Identification Number (EIN) is 223030417. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Allen Park Tenants Association Inc?
Allen Park Tenants Association Inc is classified under NTEE code L50 (Housing & Shelter).
Is Allen Park Tenants Association Inc a registered 501(c)(3)?
Yes, Allen Park Tenants Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 223030417.
Does Allen Park Tenants Association Inc file IRS Form 990?
Yes, Allen Park Tenants Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Allen Park Tenants Association Inc's revenue in 2023?
In the 202312 filing period, Allen Park Tenants Association Inc reported total revenue of $25,440, total expenses of $64,478, and net assets of $2,221,595.
Is Allen Park Tenants Association Inc's revenue growing or declining?
Allen Park Tenants Association Inc's revenue is relatively stable. Revenue went from $25,440 (202212) to $25,440 (202312), a 0.0% change. Based on 13 filings on record.
What is Allen Park Tenants Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Allen Park Tenants Association Inc covers tax period 202312. It shows revenue of $25,440, expenses of $64,478, total assets of $2,221,595, and liabilities of N/A.
How much does Allen Park Tenants Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Allen Park Tenants Association Inc allocates approximately 25% of expenses to program services, 35% to administrative costs, and 40% to fundraising. Overhead costs appear high relative to program spending.
Is Allen Park Tenants Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Allen Park Tenants Association Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Allen Park Tenants Association Inc?
The following concerns were identified: Program spending appears low relative to total expenses and assets, with only $64,478 spent on programs in 2023 out of $2,500,987 in revenue.. A significant portion of revenue seems to be allocated to administrative and fundraising activities rather than direct program delivery.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Allen Park Tenants Association Inc's strengths?
Positive indicators for Allen Park Tenants Association Inc include: Consistently strong asset base, with $21,834,003 in assets reported.. Stable revenue streams over multiple years, indicating financial resilience.. No reported liabilities, suggesting a healthy financial position.. These findings are derived from AI analysis of the organization's financial filings.
How does Allen Park Tenants Association Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but given the low overall expenses relative to assets, it is likely modest. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial assets and revenue, why is program spending consistently low (e.g., $64,478 in 2023) compared to the organization's overall financial capacity?
The data suggests a focus on asset accumulation or other non-programmatic expenditures, which warrants further investigation into the organization's strategic goals and how they align with their mission.
What is the specific breakdown of the 'expenses' category beyond programs, and how does it contribute to the organization's mission?
Without a more detailed breakdown of the $64,478 in expenses (beyond program costs), it's difficult to assess the efficiency and impact of non-programmatic spending on the organization's stated goals.
Filing History
IRS 990 filing history for Allen Park Tenants Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Allen Park Tenants Association Inc's revenue has declined by 74.7%, moving from $101K to $25K. Total assets decreased by 5.7% over the same period, from $2.4M to $2.2M. Total functional expenses fell by 14.7%, from $76K to $64K. In its most recent filing year (2023), Allen Park Tenants Association Inc reported a deficit of $39K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $64K | $2.2M | $0 | — | — |
| 2022 | $25K | $58K | $2.5M | $0 | — | — |
| 2021 | $25K | $44K | $2.6M | $2K | — | View 990 |
| 2020 | $25K | $43K | $2.6M | $2K | — | View 990 |
| 2019 | $25K | $50K | $2.6M | $0 | — | — |
| 2018 | $25K | $57K | $2.7M | $0 | — | — |
| 2017 | $204K | $68K | $2.8M | $0 | — | View 990 |
| 2016 | $138K | $57K | $2.7M | $3K | — | View 990 |
| 2015 | $0 | $94K | $2.6M | $339 | — | View 990 |
| 2014 | $20K | $44K | $2.7M | $2K | — | View 990 |
| 2013 | $22K | $70K | $2.7M | $1K | — | View 990 |
| 2012 | $112K | $63K | $2.8M | $0 | — | View 990 |
| 2011 | $101K | $76K | $2.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $64K, and assets of $2.2M (revenue +0.0% year-over-year).
- 2022: Revenue of $25K, expenses of $58K, and assets of $2.5M (revenue +0.0% year-over-year).
- 2021: Revenue of $25K, expenses of $44K, and assets of $2.6M (revenue +0.0% year-over-year).
- 2020: Revenue of $25K, expenses of $43K, and assets of $2.6M (revenue +0.0% year-over-year).
- 2019: Revenue of $25K, expenses of $50K, and assets of $2.6M (revenue -0.2% year-over-year).
- 2018: Revenue of $25K, expenses of $57K, and assets of $2.7M (revenue -87.5% year-over-year).
- 2017: Revenue of $204K, expenses of $68K, and assets of $2.8M (revenue +47.8% year-over-year).
- 2016: Revenue of $138K, expenses of $57K, and assets of $2.7M.
- 2015: Revenue of $0, expenses of $94K, and assets of $2.6M (revenue -100.0% year-over-year).
- 2014: Revenue of $20K, expenses of $44K, and assets of $2.7M (revenue -6.3% year-over-year).
- 2013: Revenue of $22K, expenses of $70K, and assets of $2.7M (revenue -80.6% year-over-year).
- 2012: Revenue of $112K, expenses of $63K, and assets of $2.8M (revenue +11.2% year-over-year).
- 2011: Revenue of $101K, expenses of $76K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allen Park Tenants Association Inc:
Data Sources and Methodology
This transparency report for Allen Park Tenants Association 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.