Army Retirement Residence Supporting Foundation
Army Retirement Residence Supporting Foundation shows improving asset-to-liability ratio and zero officer compensation.
EIN: 20686831 · San Antonio, TX · NTEE: L19 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.3M |
| Total Expenses | $10.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $180 |
| Net Assets | $703K |
| Transparency Score | 85/100 |
Is Army Retirement Residence Supporting Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Army Retirement Residence Supporting Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Army Retirement Residence Supporting Foundation
Army Retirement Residence Supporting Foundation (EIN: 20686831) is a nonprofit organization based in San Antonio, TX, classified under NTEE code L19. The organization reported total revenue of $25.3M and total assets of $186.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Army Retirement Residence Supporting Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Army Retirement Residence Supporting Foundation is a large nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.9M |
| Total Expenses | $10.9M |
| Surplus / Deficit | +$13.0M |
| Total Assets | $181.1M |
| Total Liabilities | $180.4M |
| Net Assets | $703K |
| Operating Margin | 54.3% |
| Debt-to-Asset Ratio | 99.6% |
| Months of Reserves | 199.0 months |
Financial Health Grade: A
In 2023, Army Retirement Residence Supporting Foundation reported a surplus of $13.0M with revenue exceeding expenses, holds 199.0 months of operating reserves (strong position), has a debt-to-asset ratio of 99.6% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Army Retirement Residence Supporting Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +152.9% | -10.2% | +43.5% |
| 2022 | -36.2% | +7.3% | -2.5% |
| 2021 | +17.6% | +11.4% | +0.3% |
| 2020 | +31.7% | +3.0% | -2.2% |
| 2019 | +9.1% | -0.7% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Army Retirement Residence Supporting Foundation with a Mission Score of 85 out of 100 (Excellent). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Army Retirement Residence Supporting Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 99.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries, which is highly commendable for an organization of its size with assets exceeding $180 million.
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 Army Retirement Residence Supporting Foundation's IRS 990 filings:
- Historically high liabilities often exceeding assets, though improving in the latest filing.
- Significant fluctuations in annual revenue, indicating potential reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Army Retirement Residence Supporting Foundation:
- Consistent reporting of 0% officer compensation, demonstrating excellent financial stewardship at the executive level.
- Substantial asset base ($186,099,805 latest) providing a strong foundation for its mission.
- Positive trend in asset-to-liability ratio in the most recent filing, indicating improved financial health.
Frequently Asked Questions about Army Retirement Residence Supporting Foundation
Is Army Retirement Residence Supporting Foundation a legitimate charity?
Army Retirement Residence Supporting Foundation (EIN: 20686831) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $25.3M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Army Retirement Residence Supporting Foundation spend its money?
Army Retirement Residence Supporting Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Army Retirement Residence Supporting Foundation tax-deductible?
Army Retirement Residence Supporting Foundation is registered as a tax-exempt nonprofit (EIN: 20686831). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Army Retirement Residence Supporting Foundation CEO make?
Army Retirement Residence Supporting Foundation's highest-compensated officer earns $180 annually. The organization reported $25.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Army Retirement Residence Supporting Foundation's spending goes to programs?
Army Retirement Residence Supporting Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Army Retirement Residence Supporting Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Army Retirement Residence Supporting Foundation is above average for NTEE category L19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Army Retirement Residence Supporting Foundation located?
Army Retirement Residence Supporting Foundation is headquartered in San Antonio, Texas and files with the IRS under EIN 20686831. It is classified under NTEE code L19.
How many years of IRS 990 filings does Army Retirement Residence Supporting Foundation have?
Army Retirement Residence Supporting Foundation has 12 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 $25.3M in total revenue.
What caused the significant increase in revenue from $311,460 in 201706 to over $23 million in 202306?
The provided data does not specify the source of this revenue fluctuation, but such a dramatic increase suggests a major gift, grant, or change in funding strategy that would be important to understand for long-term sustainability.
What are the specific program activities supported by the foundation's expenses?
The NTEE code L19 (Retirement Homes & Communities) suggests support for retirement residences, but a detailed breakdown of program services would clarify how the $10.9 million in expenses (202306) directly benefits its mission.
How does the foundation manage its significant liabilities, which have historically exceeded assets?
While the latest filing shows assets slightly exceeding liabilities, the historical trend of high liabilities warrants an understanding of their nature (e.g., long-term debt, bonds) and the strategy for their management and reduction.
Filing History
IRS 990 filing history for Army Retirement Residence Supporting Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Army Retirement Residence Supporting Foundation's revenue has grown by 253.8%, moving from $6.8M to $23.9M. Total assets increased by 36.8% over the same period, from $132.3M to $181.1M. Total functional expenses rose by 69.6%, from $6.4M to $10.9M. In its most recent filing year (2023), Army Retirement Residence Supporting Foundation reported a surplus of $13.0M, with revenue exceeding expenses. The organization holds $180.4M in liabilities against $181.1M in assets (debt-to-asset ratio: 99.6%), resulting in net assets of $703K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.9M | $10.9M | $181.1M | $180.4M | — | View 990 |
| 2022 | $9.4M | $12.2M | $126.2M | $139.6M | — | View 990 |
| 2021 | $14.8M | $11.3M | $129.4M | $137.8M | — | — |
| 2020 | $12.6M | $10.2M | $129.0M | $140.2M | — | View 990 |
| 2019 | $9.6M | $9.9M | $131.9M | $141.4M | — | View 990 |
| 2018 | $8.8M | $9.9M | $135.6M | $145.3M | — | View 990 |
| 2017 | $311K | $10.3M | $139.3M | $147.7M | — | View 990 |
| 2016 | $8.0M | $10.7M | $148.3M | $145.8M | — | View 990 |
| 2015 | $8.9M | $10.4M | $150.2M | $145.9M | — | View 990 |
| 2014 | $8.3M | $10.0M | $152.0M | $144.4M | — | View 990 |
| 2013 | $7.7M | $8.7M | $145.0M | $139.2M | — | View 990 |
| 2012 | $6.8M | $6.4M | $132.3M | $118.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.9M, expenses of $10.9M, and assets of $181.1M (revenue +152.9% year-over-year).
- 2022: Revenue of $9.4M, expenses of $12.2M, and assets of $126.2M (revenue -36.2% year-over-year).
- 2021: Revenue of $14.8M, expenses of $11.3M, and assets of $129.4M (revenue +17.6% year-over-year).
- 2020: Revenue of $12.6M, expenses of $10.2M, and assets of $129.0M (revenue +31.7% year-over-year).
- 2019: Revenue of $9.6M, expenses of $9.9M, and assets of $131.9M (revenue +9.1% year-over-year).
- 2018: Revenue of $8.8M, expenses of $9.9M, and assets of $135.6M (revenue +2713.1% year-over-year).
- 2017: Revenue of $311K, expenses of $10.3M, and assets of $139.3M (revenue -96.1% year-over-year).
- 2016: Revenue of $8.0M, expenses of $10.7M, and assets of $148.3M (revenue -9.9% year-over-year).
- 2015: Revenue of $8.9M, expenses of $10.4M, and assets of $150.2M (revenue +7.5% year-over-year).
- 2014: Revenue of $8.3M, expenses of $10.0M, and assets of $152.0M (revenue +7.4% year-over-year).
- 2013: Revenue of $7.7M, expenses of $8.7M, and assets of $145.0M (revenue +14.0% year-over-year).
- 2012: Revenue of $6.8M, expenses of $6.4M, and assets of $132.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Army Retirement Residence Supporting Foundation:
Data Sources and Methodology
This transparency report for Army Retirement Residence Supporting Foundation 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.