Augustana Homes Of Greenwich Inc
Augustana Homes of Greenwich: Declining Assets, Stagnant Revenue
EIN: 222511034 · Bridgeport, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $459K |
| Program Spending | 70% |
| Net Assets | $-435,925 |
| Transparency Score | 40/100 |
Is Augustana Homes Of Greenwich Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Augustana Homes Of Greenwich Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Augustana Homes Of Greenwich Inc
Augustana Homes Of Greenwich Inc (EIN: 222511034) is a nonprofit organization based in Bridgeport, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Augustana Homes Of Greenwich Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Augustana Homes Of Greenwich Inc is a small nonprofit, with 7 years of IRS 990 filings on record (2010–2016). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $544K |
| Total Expenses | $459K |
| Surplus / Deficit | +$85K |
| Total Assets | $603K |
| Total Liabilities | $1.0M |
| Net Assets | $-435,925 |
| Operating Margin | 15.7% |
| Debt-to-Asset Ratio | 172.2% |
| Months of Reserves | 15.8 months |
Financial Health Grade: A
In 2016, Augustana Homes Of Greenwich Inc reported a surplus of $85K with revenue exceeding expenses, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 172.2% (high leverage).
Financial Trends
Over 7 years of filings (2010–2016), Augustana Homes Of Greenwich Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +2.7% | -5.3% | -9.1% |
| 2015 | +8.8% | -2.8% | -9.4% |
| 2014 | +0.9% | +6.8% | -9.0% |
| 2013 | +2.6% | +0.3% | -5.5% |
| 2012 | -2.1% | +1.2% | -6.1% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Augustana Homes Of Greenwich Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Augustana Homes Of Greenwich Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 172.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size and suggests either an entirely volunteer-run executive team or that compensation is reported under a different category.
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 Augustana Homes Of Greenwich Inc's IRS 990 filings:
- Consistent decline in total assets over multiple years (from $909,211 in 2011 to $603,408 in 2016).
- Stagnant revenue growth, indicating potential challenges in expanding programs or fundraising.
- Reported 0% compensation raises questions about the true cost of executive leadership and operational transparency.
Strengths
The following positive indicators were identified for Augustana Homes Of Greenwich Inc:
- Consistent revenue generation, albeit stagnant, suggests a stable base of support or service demand.
Frequently Asked Questions about Augustana Homes Of Greenwich Inc
Is Augustana Homes Of Greenwich Inc a legitimate charity?
Augustana Homes Of Greenwich Inc (EIN: 222511034) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 40/100. It has 7 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: A.
How does Augustana Homes Of Greenwich Inc spend its money?
Augustana Homes Of Greenwich Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Augustana Homes Of Greenwich Inc tax-deductible?
Augustana Homes Of Greenwich Inc is registered as a tax-exempt nonprofit (EIN: 222511034). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Augustana Homes Of Greenwich Inc's spending goes to programs?
Augustana Homes Of Greenwich Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Augustana Homes Of Greenwich Inc located?
Augustana Homes Of Greenwich Inc is headquartered in Bridgeport, Connecticut and files with the IRS under EIN 222511034.
How many years of IRS 990 filings does Augustana Homes Of Greenwich Inc have?
Augustana Homes Of Greenwich 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.
What does Augustana Homes Of Greenwich Inc do?
Augustana Homes Of Greenwich Inc is a nonprofit organization in the Unknown sector, located in Bridgeport, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Augustana Homes Of Greenwich Inc have?
Augustana Homes Of Greenwich Inc reported total revenue of N/A. Based on 7 IRS 990 filings on record.
What are Augustana Homes Of Greenwich Inc's total assets?
Augustana Homes Of Greenwich Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Augustana Homes Of Greenwich Inc located?
Augustana Homes Of Greenwich Inc is based in Bridgeport, Connecticut.
What is Augustana Homes Of Greenwich Inc's EIN?
Augustana Homes Of Greenwich Inc's Employer Identification Number (EIN) is 222511034. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Augustana Homes Of Greenwich Inc?
Augustana Homes Of Greenwich Inc is classified under NTEE code Unknown (Unknown).
Is Augustana Homes Of Greenwich Inc a registered 501(c)(3)?
Augustana Homes Of Greenwich Inc appears in IRS records (EIN: 222511034). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Augustana Homes Of Greenwich Inc file IRS Form 990?
Yes, Augustana Homes Of Greenwich Inc has 7 IRS Form 990 filings on record. The most recent covers tax period 201612.
What was Augustana Homes Of Greenwich Inc's revenue in 2016?
In the 201612 filing period, Augustana Homes Of Greenwich Inc reported total revenue of $544,126, total expenses of $458,690, and net assets of $603,408.
Is Augustana Homes Of Greenwich Inc's revenue growing or declining?
Augustana Homes Of Greenwich Inc's revenue is relatively stable. Revenue went from $529,881 (201512) to $544,126 (201612), a +2.7% change. Based on 7 filings on record.
What is Augustana Homes Of Greenwich Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Augustana Homes Of Greenwich Inc covers tax period 201612. It shows revenue of $544,126, expenses of $458,690, total assets of $603,408, and liabilities of $1,039,333.
How much does Augustana Homes Of Greenwich Inc spend on programs vs administration?
Based on IRS 990 analysis, Augustana Homes Of Greenwich Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Augustana Homes Of Greenwich Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Augustana Homes Of Greenwich Inc shows mixed signals. Mission Score: 40/100 (Fair). 3 red flags identified. 1 strength noted.
What are the red flags for Augustana Homes Of Greenwich Inc?
The following concerns were identified: Consistent decline in total assets over multiple years (from $909,211 in 2011 to $603,408 in 2016).. Stagnant revenue growth, indicating potential challenges in expanding programs or fundraising.. Reported 0% compensation raises questions about the true cost of executive leadership and operational transparency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Augustana Homes Of Greenwich Inc's strengths?
Positive indicators for Augustana Homes Of Greenwich Inc include: Consistent revenue generation, albeit stagnant, suggests a stable base of support or service demand.. These findings are derived from AI analysis of the organization's financial filings.
How does Augustana Homes Of Greenwich Inc compensate executives?
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size and suggests either an entirely volunteer-run executive team or that compensation is reported under a different category. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent decline in assets and stagnant revenue, what is the long-term sustainability plan for Augustana Homes of Greenwich?
The provided data does not offer insights into a long-term sustainability plan. The trend suggests a shrinking organization, which could impact its ability to maintain or expand services without intervention.
How does Augustana Homes of Greenwich manage to operate with 0% reported compensation, and what are the implications for its governance and operational model?
Operating with 0% reported compensation implies either a fully volunteer executive team or that compensation is being recorded in a non-standard way. This could indicate strong community support and dedication but also raises questions about professional oversight and potential burnout if key roles are unpaid.
Filing History
IRS 990 filing history for Augustana Homes Of Greenwich Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2016), Augustana Homes Of Greenwich Inc's revenue has grown by 18.8%, moving from $458K to $544K. Total assets decreased by 34.4% over the same period, from $920K to $603K. Total functional expenses rose by 0.1%, from $458K to $459K. In its most recent filing year (2016), Augustana Homes Of Greenwich Inc reported a surplus of $85K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $603K in assets (debt-to-asset ratio: 172.2%), resulting in net assets of $-435,925.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $544K | $459K | $603K | $1.0M | — | — |
| 2015 | $530K | $484K | $664K | $1.2M | — | View 990 |
| 2014 | $487K | $499K | $733K | $1.3M | — | View 990 |
| 2013 | $482K | $467K | $806K | $1.3M | — | View 990 |
| 2012 | $470K | $466K | $853K | $1.4M | — | View 990 |
| 2011 | $480K | $460K | $909K | $1.4M | — | View 990 |
| 2010 | $458K | $458K | $920K | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $544K, expenses of $459K, and assets of $603K (revenue +2.7% year-over-year).
- 2015: Revenue of $530K, expenses of $484K, and assets of $664K (revenue +8.8% year-over-year).
- 2014: Revenue of $487K, expenses of $499K, and assets of $733K (revenue +0.9% year-over-year).
- 2013: Revenue of $482K, expenses of $467K, and assets of $806K (revenue +2.6% year-over-year).
- 2012: Revenue of $470K, expenses of $466K, and assets of $853K (revenue -2.1% year-over-year).
- 2011: Revenue of $480K, expenses of $460K, and assets of $909K (revenue +4.8% year-over-year).
- 2010: Revenue of $458K, expenses of $458K, and assets of $920K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Augustana Homes Of Greenwich Inc:
Data Sources and Methodology
This transparency report for Augustana Homes Of Greenwich 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.