Capitol Heights Place Ii Inc
Capitol Heights Place Ii Inc consistently operates at a deficit with declining assets and high liabilities.
EIN: 205647621 · Birmingham, AL · NTEE: L21 · Updated: 2026-03-28
Is Capitol Heights Place Ii Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capitol Heights Place Ii Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Capitol Heights Place Ii Inc
Capitol Heights Place Ii Inc (EIN: 205647621) is a nonprofit organization based in Birmingham, AL, classified under NTEE code L21. The organization reported total revenue of $531K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capitol Heights Place Ii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capitol Heights Place Ii 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 3.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $509K |
| Total Expenses | $622K |
| Surplus / Deficit | $-112,631 |
| Total Assets | $3.4M |
| Total Liabilities | $5.4M |
| Net Assets | $-1,980,918 |
| Operating Margin | -22.1% |
| Debt-to-Asset Ratio | 157.6% |
| Months of Reserves | 66.4 months |
Financial Health Grade: C
In 2024, Capitol Heights Place Ii Inc reported a deficit of $113K with expenses exceeding revenue, holds 66.4 months of operating reserves (strong position), has a debt-to-asset ratio of 157.6% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Capitol Heights Place Ii Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.0% | +1.2% | -3.0% |
| 2023 | +9.5% | +4.9% | -2.8% |
| 2022 | +3.6% | +4.9% | -3.0% |
| 2021 | +2.8% | +0.9% | -2.9% |
| 2020 | +7.9% | +6.8% | -3.2% |
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 Capitol Heights Place Ii Inc with a Mission Score of 45 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Capitol Heights Place Ii Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $113K, with expenses exceeding revenue.
- Debt-to-asset ratio: 157.6%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting either a volunteer executive team or that compensation is categorized under other expenses, which could affect transparency regarding leadership costs.
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 Capitol Heights Place Ii Inc's IRS 990 filings:
- Consistent annual operating deficits (e.g., $112,631 deficit in 202406).
- Declining asset base over time (from $4.7M in 2015 to $3.4M in 2024).
- Liabilities consistently exceed assets by a significant margin (e.g., $5.4M liabilities vs. $3.4M assets in 2024).
- Lack of reported officer compensation, potentially obscuring executive costs.
- Limited detailed expense breakdown beyond total expenses.
Strengths
The following positive indicators were identified for Capitol Heights Place Ii Inc:
- Consistent filing of IRS Form 990s, indicating a commitment to regulatory transparency.
- Addresses a critical community need (Low-Income Housing, NTEE L21).
Frequently Asked Questions about Capitol Heights Place Ii Inc
Is Capitol Heights Place Ii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Capitol Heights Place Ii Inc (EIN: 205647621) significant concerns. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
How does Capitol Heights Place Ii Inc spend its money?
Capitol Heights Place Ii Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Capitol Heights Place Ii Inc tax-deductible?
Capitol Heights Place Ii Inc is registered as a tax-exempt nonprofit (EIN: 205647621). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Capitol Heights Place Ii Inc cover its consistent annual operating deficits?
The organization consistently reports expenses exceeding revenue (e.g., $621,731 expenses vs. $509,100 revenue in 202406), indicating a reliance on drawing down assets or other funding sources not reflected as annual revenue.
What is the nature of the high and stable liabilities, which consistently exceed assets?
Liabilities have consistently been around $5.4 million, significantly higher than assets (e.g., $5,422,014 liabilities vs. $3,441,096 assets in 202406), suggesting significant long-term debt or obligations that warrant further investigation.
Why is no officer compensation reported in any of the filings?
The filings consistently show 0% officer compensation, which could mean the executive leadership is entirely volunteer-based or their compensation is embedded within other expense categories, reducing transparency.
What is the long-term sustainability plan given the declining asset base and consistent deficits?
With assets declining from $4,697,132 in 201506 to $3,441,096 in 202406, and continuous operational deficits, the organization's financial model appears unsustainable without significant changes to revenue generation or expense management.
Filing History
IRS 990 filing history for Capitol Heights Place Ii Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Capitol Heights Place Ii Inc's revenue has grown by 46.7%, moving from $347K to $509K. Total assets decreased by 33.9% over the same period, from $5.2M to $3.4M. Total functional expenses rose by 23.5%, from $503K to $622K. In its most recent filing year (2024), Capitol Heights Place Ii Inc reported a deficit of $113K, with expenses exceeding revenue. The organization holds $5.4M in liabilities against $3.4M in assets (debt-to-asset ratio: 157.6%), resulting in net assets of $-1,980,918.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $509K | $622K | $3.4M | $5.4M | — | — |
| 2023 | $504K | $615K | $3.5M | $5.4M | — | — |
| 2022 | $460K | $586K | $3.7M | $5.4M | — | View 990 |
| 2021 | $444K | $559K | $3.8M | $5.4M | — | — |
| 2020 | $432K | $554K | $3.9M | $5.4M | — | View 990 |
| 2019 | $401K | $518K | $4.0M | $5.4M | — | View 990 |
| 2018 | $374K | $571K | $4.1M | $5.4M | — | — |
| 2017 | $346K | $546K | $4.3M | $5.4M | — | View 990 |
| 2016 | $332K | $518K | $4.5M | $5.4M | — | View 990 |
| 2015 | $349K | $512K | $4.7M | $5.4M | — | View 990 |
| 2014 | $335K | $505K | $4.9M | $5.4M | — | View 990 |
| 2013 | $347K | $509K | $5.0M | $5.4M | — | View 990 |
| 2012 | $347K | $503K | $5.2M | $5.4M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $509K, expenses of $622K, and assets of $3.4M (revenue +1.0% year-over-year).
- 2023: Revenue of $504K, expenses of $615K, and assets of $3.5M (revenue +9.5% year-over-year).
- 2022: Revenue of $460K, expenses of $586K, and assets of $3.7M (revenue +3.6% year-over-year).
- 2021: Revenue of $444K, expenses of $559K, and assets of $3.8M (revenue +2.8% year-over-year).
- 2020: Revenue of $432K, expenses of $554K, and assets of $3.9M (revenue +7.9% year-over-year).
- 2019: Revenue of $401K, expenses of $518K, and assets of $4.0M (revenue +7.0% year-over-year).
- 2018: Revenue of $374K, expenses of $571K, and assets of $4.1M (revenue +8.2% year-over-year).
- 2017: Revenue of $346K, expenses of $546K, and assets of $4.3M (revenue +4.4% year-over-year).
- 2016: Revenue of $332K, expenses of $518K, and assets of $4.5M (revenue -5.1% year-over-year).
- 2015: Revenue of $349K, expenses of $512K, and assets of $4.7M (revenue +4.4% year-over-year).
- 2014: Revenue of $335K, expenses of $505K, and assets of $4.9M (revenue -3.6% year-over-year).
- 2013: Revenue of $347K, expenses of $509K, and assets of $5.0M (revenue +-0.0% year-over-year).
- 2012: Revenue of $347K, expenses of $503K, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capitol Heights Place Ii Inc:
Data Sources and Methodology
This transparency report for Capitol Heights Place Ii 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.