Baptist Retirement Village Ii

Baptist Retirement Village II faces persistent operating deficits and declining assets over the past decade.

EIN: 208141346 · Gadsden, AL · NTEE: L21 · Updated: 2026-03-28

$435KRevenue
$2.7MAssets
55/100Mission Score (Fair)
L21

Is Baptist Retirement Village Ii Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Baptist Retirement Village Ii directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Baptist Retirement Village Ii

Baptist Retirement Village Ii (EIN: 208141346) is a nonprofit organization based in Gadsden, AL, classified under NTEE code L21. The organization reported total revenue of $435K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baptist Retirement Village Ii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
GrowingRevenue Trajectory

Baptist Retirement Village Ii is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.7%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$433K
Total Expenses$526K
Surplus / Deficit$-92,400
Total Assets$2.8M
Total Liabilities$4.7M
Net Assets$-1,839,318
Operating Margin-21.3%
Debt-to-Asset Ratio164.7%
Months of Reserves64.9 months

Financial Health Grade: C

In 2024, Baptist Retirement Village Ii reported a deficit of $92K with expenses exceeding revenue, holds 64.9 months of operating reserves (strong position), has a debt-to-asset ratio of 164.7% (high leverage).

Financial Trends

Over 13 years of filings (2012–2024), Baptist Retirement Village Ii's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.

YearRevenue ChangeExpense ChangeAsset Change
2024+4.4%+8.0%-3.1%
2023+5.8%+0.9%-2.4%
2022+6.8%-4.7%-3.0%
2021+6.6%+6.8%-4.0%
2020+8.3%-1.3%-4.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Baptist Retirement Village II demonstrates consistent financial operations, though it has reported net losses for several consecutive years, with expenses exceeding revenue. For example, in the 202406 period, expenses were $525,542 against revenues of $433,142, resulting in a deficit. This trend of expenses outpacing revenue is a significant concern for long-term sustainability. The organization's assets have also shown a steady decline over the past decade, from $3,978,313 in 201506 to $2,841,028 in 202406, while liabilities have remained relatively stable and high, indicating a reliance on debt or other non-revenue funding sources to cover operational costs. Despite these financial challenges, the organization maintains a clear operational focus, as indicated by its NTEE code (L21 - Retirement Homes & Communities). The absence of reported officer compensation across all available filings suggests that executive leadership may be volunteer-based or compensated through other means not captured in this specific data point, which could be a positive indicator of resource allocation if true. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. The consistent deficits and declining asset base warrant closer scrutiny into the organization's financial management and long-term viability strategies.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Baptist Retirement Village Ii with a Mission Score of 55 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

According to IRS 990 filings, Baptist Retirement Village Ii allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$433KTotal Revenue
$526KTotal Expenses
$2.8MTotal Assets
$4.7MTotal Liabilities
$-1,839,318Net Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which could indicate efficient use of funds for a small organization.

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 Baptist Retirement Village Ii's IRS 990 filings:

Strengths

The following positive indicators were identified for Baptist Retirement Village Ii:

Frequently Asked Questions about Baptist Retirement Village Ii

Is Baptist Retirement Village Ii a legitimate charity?

Based on AI analysis of IRS 990 filings, Baptist Retirement Village Ii (EIN: 208141346) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.

How does Baptist Retirement Village Ii spend its money?

Baptist Retirement Village Ii directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Baptist Retirement Village Ii tax-deductible?

Baptist Retirement Village Ii is registered as a tax-exempt nonprofit (EIN: 208141346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Baptist Retirement Village II cover its consistent operating deficits?

The filings show consistent expenses exceeding revenue (e.g., $525,542 expenses vs. $433,142 revenue in 202406). This suggests the organization is likely drawing down on its assets, relying on loans, or receiving significant non-operating contributions not detailed in the provided revenue figures to cover the shortfall.

What is the long-term plan for addressing the declining asset base?

Assets have decreased from $3,978,313 in 201506 to $2,841,028 in 202406. This trend, coupled with high liabilities, indicates a need for a clear strategy to stabilize and rebuild the asset base to ensure long-term financial health.

What is the breakdown of the organization's liabilities, which consistently exceed assets?

Liabilities have consistently been higher than assets (e.g., $4,680,346 liabilities vs. $2,841,028 assets in 202406). Understanding the nature of these liabilities (e.g., mortgages, bonds, program-related debt) is crucial for assessing financial risk.

Filing History

IRS 990 filing history for Baptist Retirement Village Ii showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Baptist Retirement Village Ii's revenue has grown by 54.9%, moving from $280K to $433K. Total assets decreased by 34.8% over the same period, from $4.4M to $2.8M. Total functional expenses rose by 33.4%, from $394K to $526K. In its most recent filing year (2024), Baptist Retirement Village Ii reported a deficit of $92K, with expenses exceeding revenue. The organization holds $4.7M in liabilities against $2.8M in assets (debt-to-asset ratio: 164.7%), resulting in net assets of $-1,839,318.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $433K $526K $2.8M $4.7M
2023 $415K $487K $2.9M $4.7M
2022 $392K $482K $3.0M $4.7M View 990
2021 $367K $506K $3.1M $4.7M
2020 $344K $474K $3.2M $4.7M View 990
2019 $318K $480K $3.4M $4.7M View 990
2018 $309K $466K $3.5M $4.7M View 990
2017 $296K $407K $3.7M $4.7M View 990
2016 $277K $439K $3.8M $4.7M View 990
2015 $283K $434K $4.0M $4.7M View 990
2014 $277K $415K $4.1M $4.7M View 990
2013 $277K $402K $4.2M $4.7M View 990
2012 $280K $394K $4.4M $4.7M View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Baptist Retirement Village Ii:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Baptist Retirement Village Ii 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.

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