Antoinette L Hill Apartments Inc
Antoinette L Hill Apartments Inc. consistently operates with slight deficits, showing declining assets and no reported officer compensation.
EIN: 20341592 · Bedford, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $360K |
| Total Expenses | $367K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $360,000. |
| Net Assets | $-195,210 |
| Transparency Score | 70/100 |
Is Antoinette L Hill Apartments Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Antoinette L Hill Apartments Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Antoinette L Hill Apartments Inc
Antoinette L Hill Apartments Inc (EIN: 20341592) is a nonprofit organization based in Bedford, NH. The organization reported total revenue of $360K and total assets of $763K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Antoinette L Hill Apartments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Antoinette L Hill Apartments Inc is a small nonprofit that has been operating for 48 years, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $360K |
| Total Expenses | $367K |
| Surplus / Deficit | $-6,796 |
| Total Assets | $763K |
| Total Liabilities | $958K |
| Net Assets | $-195,210 |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 125.6% |
| Months of Reserves | 24.9 months |
Financial Health Grade: C
In 2018, Antoinette L Hill Apartments Inc reported a deficit of $7K with expenses exceeding revenue, holds 24.9 months of operating reserves (strong position), has a debt-to-asset ratio of 125.6% (high leverage).
Financial Trends
Over 7 years of filings (2012–2018), Antoinette L Hill Apartments Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +3.0% | +3.3% | -6.0% |
| 2017 | +2.7% | +6.1% | -3.1% |
| 2016 | +2.3% | -8.0% | -3.1% |
| 2015 | +4.8% | -2.2% | -6.6% |
| 2014 | -0.5% | +0.1% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Antoinette L Hill Apartments Inc with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Antoinette L Hill Apartments Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 125.6%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, suggesting a volunteer-led or very low-paid executive structure, which is commendable for a small organization with annual revenues around $360,000.
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 Antoinette L Hill Apartments Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue)
- Steady decline in total assets over the past seven years
- Unknown NTEE code, limiting understanding of its sector and mission
Strengths
The following positive indicators were identified for Antoinette L Hill Apartments Inc:
- No reported officer compensation, indicating efficient use of funds at the leadership level
- Stable revenue stream over the past seven years
- Liabilities have also decreased over time, suggesting some debt management
Frequently Asked Questions about Antoinette L Hill Apartments Inc
Is Antoinette L Hill Apartments Inc a legitimate charity?
Antoinette L Hill Apartments Inc (EIN: 20341592) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 70/100. It has 7 years of IRS 990 filings on record. Total revenue: $360K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Antoinette L Hill Apartments Inc spend its money?
Antoinette L Hill Apartments Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Antoinette L Hill Apartments Inc tax-deductible?
Antoinette L Hill Apartments Inc is registered as a tax-exempt nonprofit (EIN: 20341592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Antoinette L Hill Apartments Inc CEO make?
Antoinette L Hill Apartments Inc's highest-compensated officer earns $360,000. annually. The organization reported $360K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Antoinette L Hill Apartments Inc's spending goes to programs?
Antoinette L Hill Apartments Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Antoinette L Hill Apartments Inc located?
Antoinette L Hill Apartments Inc is headquartered in Bedford, New Hampshire and files with the IRS under EIN 20341592.
How many years of IRS 990 filings does Antoinette L Hill Apartments Inc have?
Antoinette L Hill Apartments Inc has 7 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 $360K in total revenue.
What is the specific mission of Antoinette L Hill Apartments Inc.?
Based on the name, it likely provides affordable housing, but without an NTEE code or mission statement, the exact nature of its programs is unclear.
Why do expenses consistently exceed revenue?
The organization has consistently reported expenses slightly higher than revenue, for example, $367,176 in expenses vs. $360,380 in revenue in 2018. This trend, while not catastrophic, suggests a reliance on reserves or other non-operating income sources not detailed in the provided data.
What caused the steady decline in assets from $1,063,984 to $762,680?
The consistent decline in assets over the filing periods, from $1,063,984 in 2012 to $762,680 in 2018, warrants further investigation to understand if it's due to depreciation, asset sales, or other factors.
How does the organization cover its operational deficits?
Given the consistent slight deficits, it's important to understand how the organization funds the gap between its revenues and expenses, whether through prior year surpluses, specific grants, or other financial strategies.
Filing History
IRS 990 filing history for Antoinette L Hill Apartments Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Antoinette L Hill Apartments Inc's revenue has grown by 5.5%, moving from $342K to $360K. Total assets decreased by 28.3% over the same period, from $1.1M to $763K. Total functional expenses rose by 4%, from $353K to $367K. In its most recent filing year (2018), Antoinette L Hill Apartments Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $958K in liabilities against $763K in assets (debt-to-asset ratio: 125.6%), resulting in net assets of $-195,210.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $360K | $367K | $763K | $958K | — | View 990 |
| 2017 | $350K | $356K | $812K | $1.0M | — | View 990 |
| 2016 | $341K | $335K | $838K | $1.0M | — | View 990 |
| 2015 | $333K | $364K | $864K | $1.1M | — | View 990 |
| 2014 | $318K | $372K | $926K | $1.1M | — | View 990 |
| 2013 | $319K | $372K | $1000K | $1.1M | — | View 990 |
| 2012 | $342K | $353K | $1.1M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $360K, expenses of $367K, and assets of $763K (revenue +3.0% year-over-year).
- 2017: Revenue of $350K, expenses of $356K, and assets of $812K (revenue +2.7% year-over-year).
- 2016: Revenue of $341K, expenses of $335K, and assets of $838K (revenue +2.3% year-over-year).
- 2015: Revenue of $333K, expenses of $364K, and assets of $864K (revenue +4.8% year-over-year).
- 2014: Revenue of $318K, expenses of $372K, and assets of $926K (revenue -0.5% year-over-year).
- 2013: Revenue of $319K, expenses of $372K, and assets of $1000K (revenue -6.5% year-over-year).
- 2012: Revenue of $342K, expenses of $353K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Antoinette L Hill Apartments Inc:
Data Sources and Methodology
This transparency report for Antoinette L Hill Apartments 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.