Apartment Living Inc
EIN: 311209470 · Noblesville, IN · NTEE: L21Z
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $157K |
| Net Assets | $-169,014 |
Is Apartment Living 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 Living Inc
Apartment Living Inc (EIN: 311209470) is a nonprofit organization based in Noblesville, IN, classified under NTEE code L21Z. The organization reported total revenue of $164K and total assets of $418K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apartment Living Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apartment Living Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $157K |
| Surplus / Deficit | $-7,819 |
| Total Assets | $428K |
| Total Liabilities | $597K |
| Net Assets | $-169,014 |
| Operating Margin | -5.2% |
| Debt-to-Asset Ratio | 139.5% |
| Months of Reserves | 32.7 months |
Financial Health Grade: C
In 2023, Apartment Living Inc reported a deficit of $8K with expenses exceeding revenue, holds 32.7 months of operating reserves (strong position), has a debt-to-asset ratio of 139.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Apartment Living Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.7% | -4.2% | -4.5% |
| 2022 | +1.6% | +8.9% | -4.5% |
| 2021 | +7.4% | +12.2% | +1.7% |
| 2020 | -3.8% | +1.7% | -7.6% |
| 2019 | +4.9% | -13.7% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Apartment Living 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 Living 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 deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 139.5%.
Frequently Asked Questions about Apartment Living Inc
Is Apartment Living Inc a legitimate charity?
Apartment Living Inc (EIN: 311209470) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $164K. No red flags identified. Financial health grade: C.
How does Apartment Living Inc spend its money?
Apartment Living Inc reported $164K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Apartment Living Inc tax-deductible?
Apartment Living Inc is registered as a tax-exempt nonprofit (EIN: 311209470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Apartment Living Inc located?
Apartment Living Inc is headquartered in Noblesville, Indiana and files with the IRS under EIN 311209470. It is classified under NTEE code L21Z.
How many years of IRS 990 filings does Apartment Living Inc have?
Apartment Living 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 $164K in total revenue.
Filing History
IRS 990 filing history for Apartment Living Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Apartment Living Inc's revenue has grown by 22.4%, moving from $122K to $149K. Total assets decreased by 19.9% over the same period, from $534K to $428K. Total functional expenses rose by 24.2%, from $126K to $157K. In its most recent filing year (2023), Apartment Living Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $597K in liabilities against $428K in assets (debt-to-asset ratio: 139.5%), resulting in net assets of $-169,014.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $157K | $428K | $597K | — | View 990 |
| 2022 | $152K | $164K | $448K | $609K | — | View 990 |
| 2021 | $149K | $150K | $469K | $618K | — | View 990 |
| 2020 | $139K | $134K | $461K | $609K | — | View 990 |
| 2019 | $145K | $132K | $499K | $652K | — | View 990 |
| 2018 | $138K | $153K | $472K | $638K | — | View 990 |
| 2017 | $134K | $116K | $458K | $609K | — | View 990 |
| 2016 | $134K | $119K | $486K | $654K | — | View 990 |
| 2015 | $128K | $150K | $528K | $711K | — | View 990 |
| 2014 | $133K | $138K | $569K | $730K | — | View 990 |
| 2013 | $144K | $143K | $577K | $733K | — | View 990 |
| 2012 | $124K | $134K | $523K | $679K | — | View 990 |
| 2011 | $122K | $126K | $534K | $680K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $157K, and assets of $428K (revenue -1.7% year-over-year).
- 2022: Revenue of $152K, expenses of $164K, and assets of $448K (revenue +1.6% year-over-year).
- 2021: Revenue of $149K, expenses of $150K, and assets of $469K (revenue +7.4% year-over-year).
- 2020: Revenue of $139K, expenses of $134K, and assets of $461K (revenue -3.8% year-over-year).
- 2019: Revenue of $145K, expenses of $132K, and assets of $499K (revenue +4.9% year-over-year).
- 2018: Revenue of $138K, expenses of $153K, and assets of $472K (revenue +3.0% year-over-year).
- 2017: Revenue of $134K, expenses of $116K, and assets of $458K (revenue -0.1% year-over-year).
- 2016: Revenue of $134K, expenses of $119K, and assets of $486K (revenue +4.6% year-over-year).
- 2015: Revenue of $128K, expenses of $150K, and assets of $528K (revenue -3.9% year-over-year).
- 2014: Revenue of $133K, expenses of $138K, and assets of $569K (revenue -7.3% year-over-year).
- 2013: Revenue of $144K, expenses of $143K, and assets of $577K (revenue +15.7% year-over-year).
- 2012: Revenue of $124K, expenses of $134K, and assets of $523K (revenue +1.9% year-over-year).
- 2011: Revenue of $122K, expenses of $126K, and assets of $534K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apartment Living Inc:
Data Sources and Methodology
This transparency report for Apartment Living 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.