Apartment Association Of Tarrant County Inc
EIN: 751296534 · Hurst, TX
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.3M |
| Net Assets | $1.9M |
Is Apartment Association Of Tarrant County Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Apartment Association Of Tarrant County Inc
Apartment Association Of Tarrant County Inc (EIN: 751296534) is a nonprofit organization based in Hurst, TX. The organization reported total revenue of $2.8M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apartment Association Of Tarrant County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apartment Association Of Tarrant County Inc is a mid-size nonprofit that has been operating for 55 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$276K |
| Total Assets | $3.5M |
| Total Liabilities | $1.6M |
| Net Assets | $1.9M |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 46.4% |
| Months of Reserves | 18.5 months |
Financial Health Grade: A
In 2023, Apartment Association Of Tarrant County Inc reported a surplus of $276K with revenue exceeding expenses, holds 18.5 months of operating reserves (strong position), has a debt-to-asset ratio of 46.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Apartment Association Of Tarrant County Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | -6.7% | +18.1% |
| 2022 | -0.8% | +24.9% | +6.4% |
| 2021 | +1157.6% | +860.8% | +32.4% |
| 2020 | -82.7% | -78.1% | +58.9% |
| 2020 | +4.0% | -6.8% | +17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Apartment Association Of Tarrant County Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Apartment Association Of Tarrant County Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $276K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.4%.
Frequently Asked Questions about Apartment Association Of Tarrant County Inc
Is Apartment Association Of Tarrant County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Apartment Association Of Tarrant County Inc (EIN: 751296534) insufficient data. 0 red flags identified, 0 strengths noted.
How does Apartment Association Of Tarrant County Inc spend its money?
Detailed spending breakdown data is not yet available for Apartment Association Of Tarrant County Inc. Check back for updated IRS 990 analysis.
Are donations to Apartment Association Of Tarrant County Inc tax-deductible?
Apartment Association Of Tarrant County Inc is registered as a tax-exempt nonprofit (EIN: 751296534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Apartment Association Of Tarrant County Inc located?
Apartment Association Of Tarrant County Inc is headquartered in Hurst, Texas and files with the IRS under EIN 751296534.
How many years of IRS 990 filings does Apartment Association Of Tarrant County Inc have?
Apartment Association Of Tarrant County Inc has 14 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 $2.8M in total revenue.
Filing History
IRS 990 filing history for Apartment Association Of Tarrant County Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Apartment Association Of Tarrant County Inc's revenue has grown by 248.4%, moving from $728K to $2.5M. Total assets increased by 330% over the same period, from $811K to $3.5M. Total functional expenses rose by 219.1%, from $709K to $2.3M. In its most recent filing year (2023), Apartment Association Of Tarrant County Inc reported a surplus of $276K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $3.5M in assets (debt-to-asset ratio: 46.4%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.3M | $3.5M | $1.6M | — | — |
| 2022 | $2.4M | $2.4M | $3.0M | $1.4M | — | View 990 |
| 2021 | $2.4M | $1.9M | $2.8M | $1.2M | — | View 990 |
| 2020 | $192K | $202K | $2.1M | $1.1M | — | View 990 |
| 2020 | $1.1M | $921K | $1.3M | $314K | — | — |
| 2019 | $1.1M | $989K | $1.1M | $356K | — | View 990 |
| 2018 | $938K | $893K | $1.0M | $329K | — | View 990 |
| 2017 | $851K | $883K | $1.0M | $314K | — | View 990 |
| 2016 | $854K | $840K | $1.0M | $302K | — | View 990 |
| 2015 | $819K | $770K | $968K | $261K | — | View 990 |
| 2014 | $766K | $751K | $947K | $278K | — | View 990 |
| 2013 | $788K | $720K | $921K | $285K | — | View 990 |
| 2012 | $753K | $726K | $908K | $298K | — | View 990 |
| 2011 | $728K | $709K | $811K | $228K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.3M, and assets of $3.5M (revenue +5.7% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.4M, and assets of $3.0M (revenue -0.8% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.9M, and assets of $2.8M (revenue +1157.6% year-over-year).
- 2020: Revenue of $192K, expenses of $202K, and assets of $2.1M (revenue -82.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $921K, and assets of $1.3M (revenue +4.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $989K, and assets of $1.1M (revenue +14.0% year-over-year).
- 2018: Revenue of $938K, expenses of $893K, and assets of $1.0M (revenue +10.3% year-over-year).
- 2017: Revenue of $851K, expenses of $883K, and assets of $1.0M (revenue -0.3% year-over-year).
- 2016: Revenue of $854K, expenses of $840K, and assets of $1.0M (revenue +4.3% year-over-year).
- 2015: Revenue of $819K, expenses of $770K, and assets of $968K (revenue +6.9% year-over-year).
- 2014: Revenue of $766K, expenses of $751K, and assets of $947K (revenue -2.9% year-over-year).
- 2013: Revenue of $788K, expenses of $720K, and assets of $921K (revenue +4.7% year-over-year).
- 2012: Revenue of $753K, expenses of $726K, and assets of $908K (revenue +3.5% year-over-year).
- 2011: Revenue of $728K, expenses of $709K, and assets of $811K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apartment Association Of Tarrant County Inc:
Data Sources and Methodology
This transparency report for Apartment Association Of Tarrant County 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.