Atwood Elder Housing Inc
EIN: 412277836 · Worcester, MA · NTEE: I21
| Metric | Value |
|---|---|
| Total Revenue | $417K |
| Total Expenses | $572K |
| Net Assets | $3.6M |
Is Atwood Elder Housing Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Atwood Elder Housing Inc
Atwood Elder Housing Inc (EIN: 412277836) is a nonprofit organization based in Worcester, MA, classified under NTEE code I21. The organization reported total revenue of $417K and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atwood Elder Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atwood Elder Housing Inc is a small nonprofit that has been operating for 12 years, with 15 years of IRS 990 filings on record (2008–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $392K |
| Total Expenses | $572K |
| Surplus / Deficit | $-179,691 |
| Total Assets | $4.7M |
| Total Liabilities | $1.1M |
| Net Assets | $3.6M |
| Operating Margin | -45.8% |
| Debt-to-Asset Ratio | 22.7% |
| Months of Reserves | 98.6 months |
Financial Health Grade: B
In 2023, Atwood Elder Housing Inc reported a deficit of $180K with expenses exceeding revenue, holds 98.6 months of operating reserves (strong position), has a debt-to-asset ratio of 22.7% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +3.1% | -3.6% |
| 2022 | +29.3% | +4.0% | -3.1% |
| 2021 | -15.8% | +3.5% | -4.4% |
| 2020 | +3.3% | +3.2% | -3.1% |
| 2019 | +9.0% | -4.9% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Atwood Elder Housing 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 Atwood Elder Housing 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 $180K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.7%.
Frequently Asked Questions about Atwood Elder Housing Inc
Is Atwood Elder Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atwood Elder Housing Inc (EIN: 412277836) insufficient data. 0 red flags identified, 0 strengths noted.
How does Atwood Elder Housing Inc spend its money?
Detailed spending breakdown data is not yet available for Atwood Elder Housing Inc. Check back for updated IRS 990 analysis.
Are donations to Atwood Elder Housing Inc tax-deductible?
Atwood Elder Housing Inc is registered as a tax-exempt nonprofit (EIN: 412277836). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Atwood Elder Housing Inc located?
Atwood Elder Housing Inc is headquartered in Worcester, Massachusetts and files with the IRS under EIN 412277836. It is classified under NTEE code I21.
How many years of IRS 990 filings does Atwood Elder Housing Inc have?
Atwood Elder Housing Inc has 15 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 $417K in total revenue.
Filing History
IRS 990 filing history for Atwood Elder Housing Inc showing financial trends over 15 years of public records:
Total assets increased by 469903000% over the same period, from $1 to $4.7M. In its most recent filing year (2023), Atwood Elder Housing Inc reported a deficit of $180K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $4.7M in assets (debt-to-asset ratio: 22.7%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $392K | $572K | $4.7M | $1.1M | — | — |
| 2022 | $384K | $555K | $4.9M | $1.1M | — | View 990 |
| 2021 | $297K | $533K | $5.0M | $1.0M | — | View 990 |
| 2020 | $353K | $515K | $5.3M | $1.0M | — | — |
| 2019 | $342K | $499K | $5.4M | $1.1M | — | View 990 |
| 2018 | $313K | $525K | $5.6M | $1.0M | — | View 990 |
| 2017 | $331K | $536K | $5.8M | $1.1M | — | — |
| 2016 | $313K | $511K | $6.0M | $1.1M | — | View 990 |
| 2015 | $313K | $510K | $6.2M | $1.1M | — | View 990 |
| 2014 | $319K | $512K | $6.4M | $1.1M | — | View 990 |
| 2013 | $518K | $499K | $6.6M | $1.1M | — | View 990 |
| 2011 | $33 | $4K | $5.8M | $5.8M | — | View 990 |
| 2010 | $34 | $0 | $1.6M | $1.6M | — | View 990 |
| 2009 | $0 | $0 | $1 | $0 | — | View 990 |
| 2008 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $392K, expenses of $572K, and assets of $4.7M (revenue +2.1% year-over-year).
- 2022: Revenue of $384K, expenses of $555K, and assets of $4.9M (revenue +29.3% year-over-year).
- 2021: Revenue of $297K, expenses of $533K, and assets of $5.0M (revenue -15.8% year-over-year).
- 2020: Revenue of $353K, expenses of $515K, and assets of $5.3M (revenue +3.3% year-over-year).
- 2019: Revenue of $342K, expenses of $499K, and assets of $5.4M (revenue +9.0% year-over-year).
- 2018: Revenue of $313K, expenses of $525K, and assets of $5.6M (revenue -5.3% year-over-year).
- 2017: Revenue of $331K, expenses of $536K, and assets of $5.8M (revenue +5.7% year-over-year).
- 2016: Revenue of $313K, expenses of $511K, and assets of $6.0M (revenue -0.1% year-over-year).
- 2015: Revenue of $313K, expenses of $510K, and assets of $6.2M (revenue -2.0% year-over-year).
- 2014: Revenue of $319K, expenses of $512K, and assets of $6.4M (revenue -38.4% year-over-year).
- 2013: Revenue of $518K, expenses of $499K, and assets of $6.6M (revenue +1570309.1% year-over-year).
- 2011: Revenue of $33, expenses of $4K, and assets of $5.8M (revenue -2.9% year-over-year).
- 2010: Revenue of $34, expenses of $0, and assets of $1.6M.
- 2009: Revenue of $0, expenses of $0, and assets of $1.
- 2008: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atwood Elder Housing Inc:
Data Sources and Methodology
This transparency report for Atwood Elder Housing 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.