Blanche And Madge Residence Home Inc
EIN: 391306470 · Milwaukee, WI · NTEE: L20Z
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $177K |
| Net Assets | $-110,763 |
Is Blanche And Madge Residence Home Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blanche And Madge Residence Home Inc
Blanche And Madge Residence Home Inc (EIN: 391306470) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code L20Z. The organization reported total revenue of $174K and total assets of $773K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blanche And Madge Residence Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blanche And Madge Residence Home Inc is a small nonprofit that has been operating for 42 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $177K |
| Surplus / Deficit | $-3,167 |
| Total Assets | $773K |
| Total Liabilities | $884K |
| Net Assets | $-110,763 |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 114.3% |
| Months of Reserves | 52.5 months |
Financial Health Grade: C
In 2021, Blanche And Madge Residence Home Inc reported a deficit of $3K with expenses exceeding revenue, holds 52.5 months of operating reserves (strong position), has a debt-to-asset ratio of 114.3% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), Blanche And Madge Residence Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +0.2% | +6.4% | -3.1% |
| 2020 | +0.7% | -3.2% | -2.3% |
| 2019 | -5.8% | -2.3% | -2.0% |
| 2018 | -12.6% | -9.5% | -1.4% |
| 2017 | +61.2% | +32.4% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Blanche And Madge Residence Home 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 Blanche And Madge Residence Home 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 114.3%.
Frequently Asked Questions about Blanche And Madge Residence Home Inc
Is Blanche And Madge Residence Home Inc a legitimate charity?
Blanche And Madge Residence Home Inc (EIN: 391306470) is a registered tax-exempt nonprofit based in Wisconsin. It has 11 years of IRS 990 filings on record. Total revenue: $174K. No red flags identified. Financial health grade: C.
How does Blanche And Madge Residence Home Inc spend its money?
Blanche And Madge Residence Home Inc reported $174K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Blanche And Madge Residence Home Inc tax-deductible?
Blanche And Madge Residence Home Inc is registered as a tax-exempt nonprofit (EIN: 391306470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Blanche And Madge Residence Home Inc located?
Blanche And Madge Residence Home Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391306470. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Blanche And Madge Residence Home Inc have?
Blanche And Madge Residence Home Inc has 11 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 $174K in total revenue.
Filing History
IRS 990 filing history for Blanche And Madge Residence Home Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Blanche And Madge Residence Home Inc's revenue has grown by 12.4%, moving from $154K to $174K. Total assets increased by 104.9% over the same period, from $377K to $773K. Total functional expenses rose by 31.5%, from $134K to $177K. In its most recent filing year (2021), Blanche And Madge Residence Home Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $884K in liabilities against $773K in assets (debt-to-asset ratio: 114.3%), resulting in net assets of $-110,763.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $174K | $177K | $773K | $884K | — | — |
| 2020 | $173K | $166K | $798K | $905K | — | — |
| 2019 | $172K | $172K | $816K | $931K | — | View 990 |
| 2018 | $183K | $176K | $833K | $948K | — | View 990 |
| 2017 | $209K | $194K | $845K | $967K | — | View 990 |
| 2016 | $130K | $147K | $848K | $985K | — | View 990 |
| 2015 | $123K | $113K | $652K | $773K | — | View 990 |
| 2014 | $153K | $143K | $368K | $498K | — | View 990 |
| 2013 | $162K | $138K | $377K | $517K | — | View 990 |
| 2012 | $162K | $145K | $379K | $543K | — | View 990 |
| 2011 | $154K | $134K | $377K | $562K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $174K, expenses of $177K, and assets of $773K (revenue +0.2% year-over-year).
- 2020: Revenue of $173K, expenses of $166K, and assets of $798K (revenue +0.7% year-over-year).
- 2019: Revenue of $172K, expenses of $172K, and assets of $816K (revenue -5.8% year-over-year).
- 2018: Revenue of $183K, expenses of $176K, and assets of $833K (revenue -12.6% year-over-year).
- 2017: Revenue of $209K, expenses of $194K, and assets of $845K (revenue +61.2% year-over-year).
- 2016: Revenue of $130K, expenses of $147K, and assets of $848K (revenue +5.8% year-over-year).
- 2015: Revenue of $123K, expenses of $113K, and assets of $652K (revenue -19.8% year-over-year).
- 2014: Revenue of $153K, expenses of $143K, and assets of $368K (revenue -5.6% year-over-year).
- 2013: Revenue of $162K, expenses of $138K, and assets of $377K (revenue +0.3% year-over-year).
- 2012: Revenue of $162K, expenses of $145K, and assets of $379K (revenue +4.7% year-over-year).
- 2011: Revenue of $154K, expenses of $134K, and assets of $377K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blanche And Madge Residence Home Inc:
Data Sources and Methodology
This transparency report for Blanche And Madge Residence Home 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.