Birch Apartments Inc
Birch Apartments Inc. consistently operates at a deficit, drawing down assets despite steady revenue growth.
EIN: 204577267 · Benton, AR · NTEE: L200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $146K |
| Total Expenses | $145K |
| Program Spending | 85% |
| Net Assets | $574K |
| Transparency Score | 75/100 |
Is Birch Apartments Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Birch Apartments Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Birch Apartments Inc
Birch Apartments Inc (EIN: 204577267) is a nonprofit organization based in Benton, AR, classified under NTEE code L200. The organization reported total revenue of $146K and total assets of $810K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Birch Apartments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Birch Apartments Inc 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 9.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $145K |
| Surplus / Deficit | $-5,577 |
| Total Assets | $837K |
| Total Liabilities | $262K |
| Net Assets | $574K |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 31.3% |
| Months of Reserves | 69.4 months |
Financial Health Grade: B
In 2024, Birch Apartments Inc reported a deficit of $6K with expenses exceeding revenue, holds 69.4 months of operating reserves (strong position), has a debt-to-asset ratio of 31.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Birch Apartments Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.1% | -12.8% | -2.9% |
| 2023 | +2.2% | -13.2% | -1.9% |
| 2022 | +2.3% | +15.9% | -2.7% |
| 2021 | +2.7% | +12.6% | -2.0% |
| 2020 | +3.2% | +21.0% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Birch Apartments Inc with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Birch Apartments Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.3%.
Executive Compensation Analysis
Birch Apartments Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly commendable for a nonprofit of its size.
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 Birch Apartments Inc's IRS 990 filings:
- Consistent operational deficits (e.g., $5,577 in 2024, $32,254 in 2023, $60,388 in 2022)
- Declining asset base over the past decade (from $1,023,368 in 2015 to $836,676 in 2024)
Strengths
The following positive indicators were identified for Birch Apartments Inc:
- Consistent revenue generation over time (from $113,353 in 2015 to $139,040 in 2024)
- Zero reported officer compensation, indicating efficient use of funds and strong commitment to mission
- Long operational history with 13 IRS 990 filings, suggesting stability and established presence
Frequently Asked Questions about Birch Apartments Inc
Is Birch Apartments Inc a legitimate charity?
Birch Apartments Inc (EIN: 204577267) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $146K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Birch Apartments Inc spend its money?
Birch Apartments Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Birch Apartments Inc tax-deductible?
Birch Apartments Inc is registered as a tax-exempt nonprofit (EIN: 204577267). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Birch Apartments Inc's spending goes to programs?
Birch Apartments Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Birch Apartments Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Birch Apartments Inc is above average for NTEE category L200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Birch Apartments Inc located?
Birch Apartments Inc is headquartered in Benton, Arkansas and files with the IRS under EIN 204577267. It is classified under NTEE code L200.
How many years of IRS 990 filings does Birch Apartments Inc have?
Birch Apartments 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 $146K in total revenue.
Is Birch Apartments Inc. financially sustainable given its consistent deficits?
While the organization has consistently operated at a deficit in most recent years (e.g., $5,577 in 2024), its assets of $836,676 in 2024 provide a buffer. However, the trend of declining assets from over $1 million in 2015 suggests this is not a long-term sustainable model without addressing the expense-to-revenue imbalance.
What is the primary source of Birch Apartments Inc.'s revenue?
Based on the NTEE code L200 (Housing) and the consistent revenue figures, it is highly probable that the primary source of revenue comes from rental income or housing assistance programs, rather than public donations, though specific details would require reviewing the full 990 forms.
How does Birch Apartments Inc. manage to cover its deficits?
The organization covers its deficits by drawing down its accumulated assets. This is evident in the decline of total assets from $1,023,368 in 2015 to $836,676 in 2024, while liabilities have remained relatively stable or slightly increased.
Filing History
IRS 990 filing history for Birch Apartments Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Birch Apartments Inc's revenue has grown by 201.5%, moving from $46K to $139K. Total assets decreased by 24.1% over the same period, from $1.1M to $837K. Total functional expenses rose by 37.5%, from $105K to $145K. In its most recent filing year (2024), Birch Apartments Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $262K in liabilities against $837K in assets (debt-to-asset ratio: 31.3%), resulting in net assets of $574K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $139K | $145K | $837K | $262K | — | — |
| 2023 | $134K | $166K | $862K | $282K | — | View 990 |
| 2022 | $131K | $191K | $878K | $266K | — | View 990 |
| 2021 | $128K | $165K | $903K | $230K | — | — |
| 2020 | $124K | $146K | $922K | $212K | — | View 990 |
| 2019 | $121K | $121K | $941K | $209K | — | View 990 |
| 2018 | $112K | $131K | $952K | $220K | — | View 990 |
| 2017 | $108K | $108K | $977K | $226K | — | View 990 |
| 2016 | $110K | $133K | $989K | $237K | — | View 990 |
| 2015 | $113K | $106K | $1.0M | $249K | — | View 990 |
| 2014 | $77K | $113K | $1.0M | $272K | — | View 990 |
| 2013 | $55K | $126K | $1.1M | $271K | — | View 990 |
| 2012 | $46K | $105K | $1.1M | $231K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $139K, expenses of $145K, and assets of $837K (revenue +4.1% year-over-year).
- 2023: Revenue of $134K, expenses of $166K, and assets of $862K (revenue +2.2% year-over-year).
- 2022: Revenue of $131K, expenses of $191K, and assets of $878K (revenue +2.3% year-over-year).
- 2021: Revenue of $128K, expenses of $165K, and assets of $903K (revenue +2.7% year-over-year).
- 2020: Revenue of $124K, expenses of $146K, and assets of $922K (revenue +3.2% year-over-year).
- 2019: Revenue of $121K, expenses of $121K, and assets of $941K (revenue +7.9% year-over-year).
- 2018: Revenue of $112K, expenses of $131K, and assets of $952K (revenue +3.4% year-over-year).
- 2017: Revenue of $108K, expenses of $108K, and assets of $977K (revenue -1.7% year-over-year).
- 2016: Revenue of $110K, expenses of $133K, and assets of $989K (revenue -2.9% year-over-year).
- 2015: Revenue of $113K, expenses of $106K, and assets of $1.0M (revenue +46.4% year-over-year).
- 2014: Revenue of $77K, expenses of $113K, and assets of $1.0M (revenue +40.2% year-over-year).
- 2013: Revenue of $55K, expenses of $126K, and assets of $1.1M (revenue +19.8% year-over-year).
- 2012: Revenue of $46K, expenses of $105K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Birch Apartments Inc:
Data Sources and Methodology
This transparency report for Birch Apartments 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.