Condominium Owners Association
EIN: 860337763 · Youngtown, AZ
| Metric | Value |
|---|---|
| Total Revenue | $77K |
| Total Expenses | $68K |
| Net Assets | $43K |
Is Condominium Owners Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Condominium Owners Association
Condominium Owners Association (EIN: 860337763) is a nonprofit organization based in Youngtown, AZ. The organization reported total revenue of $77K and total assets of $59K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Condominium Owners Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Condominium Owners Association is a micro nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $68K |
| Surplus / Deficit | $-9,767 |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | -16.7% |
| Months of Reserves | 7.6 months |
Financial Health Grade: B
In 2023, Condominium Owners Association reported a deficit of $10K with expenses exceeding revenue, holds 7.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Condominium Owners Association's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.5% | +26.6% | +119.5% |
| 2022 | +38.0% | -0.6% | -30.3% |
| 2021 | +14.6% | +32.1% | -3.2% |
| 2020 | +13.6% | -1.4% | +22.9% |
| 2019 | +5.2% | -13.5% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Condominium Owners Association 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 Condominium Owners Association 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 deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about Condominium Owners Association
Is Condominium Owners Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Condominium Owners Association (EIN: 860337763) insufficient data. 0 red flags identified, 0 strengths noted.
How does Condominium Owners Association spend its money?
Detailed spending breakdown data is not yet available for Condominium Owners Association. Check back for updated IRS 990 analysis.
Are donations to Condominium Owners Association tax-deductible?
Condominium Owners Association is registered as a tax-exempt nonprofit (EIN: 860337763). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Condominium Owners Association located?
Condominium Owners Association is headquartered in Youngtown, Arizona and files with the IRS under EIN 860337763.
How many years of IRS 990 filings does Condominium Owners Association have?
Condominium Owners Association 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 $77K in total revenue.
Filing History
IRS 990 filing history for Condominium Owners Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Condominium Owners Association's revenue has grown by 28.4%, moving from $45K to $58K. Total assets increased by 12.2% over the same period, from $38K to $43K. Total functional expenses rose by 32.4%, from $51K to $68K. In its most recent filing year (2023), Condominium Owners Association reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $58K | $68K | $43K | $0 | — | — |
| 2022 | $74K | $54K | $20K | $0 | — | View 990 |
| 2021 | $53K | $54K | $28K | $0 | — | View 990 |
| 2020 | $46K | $41K | $29K | $0 | — | View 990 |
| 2019 | $41K | $42K | $24K | $0 | — | View 990 |
| 2018 | $39K | $48K | $24K | $0 | — | View 990 |
| 2017 | $48K | $39K | $34K | $0 | — | View 990 |
| 2016 | $33K | $40K | $24K | $0 | — | — |
| 2015 | $37K | $37K | $33K | $0 | — | — |
| 2014 | $44K | $37K | $32K | $0 | — | — |
| 2013 | $30K | $40K | $24K | $0 | — | — |
| 2012 | $42K | $42K | $35K | $0 | — | — |
| 2011 | $45K | $51K | $38K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $58K, expenses of $68K, and assets of $43K (revenue -20.5% year-over-year).
- 2022: Revenue of $74K, expenses of $54K, and assets of $20K (revenue +38.0% year-over-year).
- 2021: Revenue of $53K, expenses of $54K, and assets of $28K (revenue +14.6% year-over-year).
- 2020: Revenue of $46K, expenses of $41K, and assets of $29K (revenue +13.6% year-over-year).
- 2019: Revenue of $41K, expenses of $42K, and assets of $24K (revenue +5.2% year-over-year).
- 2018: Revenue of $39K, expenses of $48K, and assets of $24K (revenue -19.6% year-over-year).
- 2017: Revenue of $48K, expenses of $39K, and assets of $34K (revenue +48.0% year-over-year).
- 2016: Revenue of $33K, expenses of $40K, and assets of $24K (revenue -12.7% year-over-year).
- 2015: Revenue of $37K, expenses of $37K, and assets of $33K (revenue -15.1% year-over-year).
- 2014: Revenue of $44K, expenses of $37K, and assets of $32K (revenue +46.1% year-over-year).
- 2013: Revenue of $30K, expenses of $40K, and assets of $24K (revenue -27.7% year-over-year).
- 2012: Revenue of $42K, expenses of $42K, and assets of $35K (revenue -8.3% year-over-year).
- 2011: Revenue of $45K, expenses of $51K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Condominium Owners Association:
Data Sources and Methodology
This transparency report for Condominium Owners Association 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.