Carty Heights
Carty Heights faces persistent operational deficits and declining assets over the past decade.
EIN: 204250735 · Saint Paul, MN · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $491K |
| Total Expenses | $750K |
| Program Spending | 70% |
| Net Assets | $3.3M |
| Transparency Score | 55/100 |
Is Carty Heights Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carty Heights directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Carty Heights
Carty Heights (EIN: 204250735) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code L22. The organization reported total revenue of $491K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carty Heights's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carty Heights is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $483K |
| Total Expenses | $750K |
| Surplus / Deficit | $-267,012 |
| Total Assets | $3.4M |
| Total Liabilities | $87K |
| Net Assets | $3.3M |
| Operating Margin | -55.3% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 53.8 months |
Financial Health Grade: B
In 2023, Carty Heights reported a deficit of $267K with expenses exceeding revenue, holds 53.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Carty Heights's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | +5.4% | -7.1% |
| 2022 | +7.3% | -1.6% | -6.4% |
| 2021 | -2.9% | -1.5% | -6.0% |
| 2020 | +1.1% | +0.6% | -6.0% |
| 2019 | +1.6% | +9.2% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Carty Heights 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
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Carty Heights allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $267K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, suggesting that executive salaries are either very low, non-existent, or compensated through other means not categorized as officer compensation, which is positive for minimizing overhead.
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 Carty Heights's IRS 990 filings:
- Consistent operational deficits, with expenses significantly exceeding revenue in every reported year.
- Steady decline in total assets over the past decade, from $5,428,265 in 2014 to $3,359,975 in 2023.
- Reliance on existing assets to cover operational costs, indicating an unsustainable financial model.
Strengths
The following positive indicators were identified for Carty Heights:
- No reported officer compensation, suggesting efficient use of funds at the executive level.
- Long operating history with 13 filings, indicating established presence.
Frequently Asked Questions about Carty Heights
Is Carty Heights a legitimate charity?
Based on AI analysis of IRS 990 filings, Carty Heights (EIN: 204250735) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Carty Heights spend its money?
Carty Heights directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Carty Heights tax-deductible?
Carty Heights is registered as a tax-exempt nonprofit (EIN: 204250735). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Carty Heights's spending goes to programs?
Carty Heights directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Carty Heights compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Carty Heights is near average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Carty Heights located?
Carty Heights is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 204250735. It is classified under NTEE code L22.
How many years of IRS 990 filings does Carty Heights have?
Carty Heights 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 $491K in total revenue.
How does Carty Heights cover its consistent operational deficits?
The organization consistently spends more than it earns, with expenses exceeding revenue by significant margins (e.g., $267,012 in 2023). This gap is likely covered by drawing down its assets, which have decreased from over $5.4 million in 2014 to $3.3 million in 2023.
What is the long-term financial sustainability of Carty Heights?
Given the decade-long trend of declining assets and persistent operational deficits, the long-term financial sustainability of Carty Heights appears challenged without a significant shift in its revenue generation or expense management strategies.
Are there any concerns about executive compensation?
No, the reported officer compensation is 0% across all filings, which is a positive indicator regarding executive overhead.
Filing History
IRS 990 filing history for Carty Heights showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Carty Heights's revenue has grown by 56.3%, moving from $309K to $483K. Total assets decreased by 45.5% over the same period, from $6.2M to $3.4M. Total functional expenses rose by 31.9%, from $569K to $750K. In its most recent filing year (2023), Carty Heights reported a deficit of $267K, with expenses exceeding revenue. The organization holds $87K in liabilities against $3.4M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $483K | $750K | $3.4M | $87K | — | — |
| 2022 | $486K | $711K | $3.6M | $75K | — | View 990 |
| 2021 | $453K | $723K | $3.9M | $98K | — | View 990 |
| 2020 | $467K | $734K | $4.1M | $76K | — | — |
| 2019 | $461K | $729K | $4.4M | $70K | — | View 990 |
| 2018 | $454K | $668K | $4.6M | $72K | — | View 990 |
| 2017 | $449K | $636K | $4.8M | $49K | — | — |
| 2016 | $457K | $682K | $5.0M | $40K | — | View 990 |
| 2015 | $473K | $642K | $5.3M | $89K | — | View 990 |
| 2014 | $460K | $696K | $5.4M | $63K | — | View 990 |
| 2013 | $390K | $655K | $5.7M | $53K | — | View 990 |
| 2012 | $375K | $618K | $5.9M | $58K | — | View 990 |
| 2011 | $309K | $569K | $6.2M | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $483K, expenses of $750K, and assets of $3.4M (revenue -0.6% year-over-year).
- 2022: Revenue of $486K, expenses of $711K, and assets of $3.6M (revenue +7.3% year-over-year).
- 2021: Revenue of $453K, expenses of $723K, and assets of $3.9M (revenue -2.9% year-over-year).
- 2020: Revenue of $467K, expenses of $734K, and assets of $4.1M (revenue +1.1% year-over-year).
- 2019: Revenue of $461K, expenses of $729K, and assets of $4.4M (revenue +1.6% year-over-year).
- 2018: Revenue of $454K, expenses of $668K, and assets of $4.6M (revenue +1.1% year-over-year).
- 2017: Revenue of $449K, expenses of $636K, and assets of $4.8M (revenue -1.7% year-over-year).
- 2016: Revenue of $457K, expenses of $682K, and assets of $5.0M (revenue -3.3% year-over-year).
- 2015: Revenue of $473K, expenses of $642K, and assets of $5.3M (revenue +2.7% year-over-year).
- 2014: Revenue of $460K, expenses of $696K, and assets of $5.4M (revenue +17.9% year-over-year).
- 2013: Revenue of $390K, expenses of $655K, and assets of $5.7M (revenue +4.0% year-over-year).
- 2012: Revenue of $375K, expenses of $618K, and assets of $5.9M (revenue +21.5% year-over-year).
- 2011: Revenue of $309K, expenses of $569K, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carty Heights:
Data Sources and Methodology
This transparency report for Carty Heights 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.