Buffalo Senior Housing Corporation
EIN: 421369078 · Mechanicsvlle, IA · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $113K |
| Total Expenses | $88K |
| Net Assets | $48K |
Is Buffalo Senior Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Buffalo Senior Housing Corporation
Buffalo Senior Housing Corporation (EIN: 421369078) is a nonprofit organization based in Mechanicsvlle, IA, classified under NTEE code L22. The organization reported total revenue of $113K and total assets of $295K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buffalo Senior Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buffalo Senior Housing Corporation is a small nonprofit that has been operating for 7 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $88K |
| Surplus / Deficit | +$2K |
| Total Assets | $290K |
| Total Liabilities | $242K |
| Net Assets | $48K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 83.4% |
| Months of Reserves | 39.4 months |
Financial Health Grade: A
In 2023, Buffalo Senior Housing Corporation reported a surplus of $2K with revenue exceeding expenses, holds 39.4 months of operating reserves (strong position), has a debt-to-asset ratio of 83.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Buffalo Senior Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +5.3% | -3.0% |
| 2022 | -3.4% | +16.5% | -4.2% |
| 2021 | -4.8% | +12.5% | +0.4% |
| 2020 | +3.7% | -13.2% | +4.5% |
| 2019 | -23.5% | -7.6% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Buffalo Senior Housing Corporation 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 Buffalo Senior Housing Corporation 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 surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.4%.
Frequently Asked Questions about Buffalo Senior Housing Corporation
Is Buffalo Senior Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Buffalo Senior Housing Corporation (EIN: 421369078) insufficient data. 0 red flags identified, 0 strengths noted.
How does Buffalo Senior Housing Corporation spend its money?
Detailed spending breakdown data is not yet available for Buffalo Senior Housing Corporation. Check back for updated IRS 990 analysis.
Are donations to Buffalo Senior Housing Corporation tax-deductible?
Buffalo Senior Housing Corporation is registered as a tax-exempt nonprofit (EIN: 421369078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Buffalo Senior Housing Corporation located?
Buffalo Senior Housing Corporation is headquartered in Mechanicsvlle, Iowa and files with the IRS under EIN 421369078. It is classified under NTEE code L22.
How many years of IRS 990 filings does Buffalo Senior Housing Corporation have?
Buffalo Senior Housing Corporation has 14 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 $113K in total revenue.
Filing History
IRS 990 filing history for Buffalo Senior Housing Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Buffalo Senior Housing Corporation's revenue has grown by 46%, moving from $62K to $90K. Total assets decreased by 20.3% over the same period, from $364K to $290K. Total functional expenses rose by 44.7%, from $61K to $88K. In its most recent filing year (2023), Buffalo Senior Housing Corporation reported a surplus of $2K, with revenue exceeding expenses. The organization holds $242K in liabilities against $290K in assets (debt-to-asset ratio: 83.4%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $88K | $290K | $242K | — | — |
| 2022 | $79K | $84K | $299K | $253K | — | View 990 |
| 2021 | $81K | $72K | $312K | $260K | — | — |
| 2020 | $85K | $64K | $311K | $268K | — | — |
| 2019 | $82K | $74K | $297K | $277K | — | View 990 |
| 2018 | $108K | $80K | $297K | $285K | — | — |
| 2017 | $84K | $97K | $289K | $305K | — | — |
| 2016 | $84K | $73K | $298K | $301K | — | — |
| 2015 | $74K | $120K | $291K | $305K | — | View 990 |
| 2014 | $68K | $87K | $345K | $314K | — | View 990 |
| 2013 | $69K | $59K | $367K | $316K | — | View 990 |
| 2012 | $69K | $66K | $360K | $320K | — | View 990 |
| 2011 | $66K | $63K | $362K | $324K | — | View 990 |
| 2010 | $62K | $61K | $364K | $328K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $88K, and assets of $290K (revenue +14.7% year-over-year).
- 2022: Revenue of $79K, expenses of $84K, and assets of $299K (revenue -3.4% year-over-year).
- 2021: Revenue of $81K, expenses of $72K, and assets of $312K (revenue -4.8% year-over-year).
- 2020: Revenue of $85K, expenses of $64K, and assets of $311K (revenue +3.7% year-over-year).
- 2019: Revenue of $82K, expenses of $74K, and assets of $297K (revenue -23.5% year-over-year).
- 2018: Revenue of $108K, expenses of $80K, and assets of $297K (revenue +28.1% year-over-year).
- 2017: Revenue of $84K, expenses of $97K, and assets of $289K (revenue -0.2% year-over-year).
- 2016: Revenue of $84K, expenses of $73K, and assets of $298K (revenue +13.7% year-over-year).
- 2015: Revenue of $74K, expenses of $120K, and assets of $291K (revenue +8.9% year-over-year).
- 2014: Revenue of $68K, expenses of $87K, and assets of $345K (revenue -1.7% year-over-year).
- 2013: Revenue of $69K, expenses of $59K, and assets of $367K (revenue +0.9% year-over-year).
- 2012: Revenue of $69K, expenses of $66K, and assets of $360K (revenue +4.4% year-over-year).
- 2011: Revenue of $66K, expenses of $63K, and assets of $362K (revenue +6.4% year-over-year).
- 2010: Revenue of $62K, expenses of $61K, and assets of $364K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Buffalo Senior Housing Corporation:
Data Sources and Methodology
This transparency report for Buffalo Senior Housing Corporation 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.