Country Lane Apartments Incorporated
EIN: 421081459 · North English, IA
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Net Assets | $465K |
Is Country Lane Apartments Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Country Lane Apartments Incorporated
Country Lane Apartments Incorporated (EIN: 421081459) is a nonprofit organization based in North English, IA. The organization reported total revenue of $209K and total assets of $553K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Country Lane Apartments Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Country Lane Apartments Incorporated is a small nonprofit that has been operating for 49 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -10.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $45K |
| Total Expenses | $0 |
| Surplus / Deficit | +$45K |
| Total Assets | $553K |
| Total Liabilities | $88K |
| Net Assets | $465K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 16.0% |
Financial Health Grade: A
In 2024, Country Lane Apartments Incorporated reported a surplus of $45K with revenue exceeding expenses, has a debt-to-asset ratio of 16.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Country Lane Apartments Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +69.6% | — | +6.5% |
| 2023 | -50.2% | — | +0.6% |
| 2022 | +25.3% | — | +6.3% |
| 2021 | -79.0% | — | +4.4% |
| 2020 | +2322.4% | — | +63.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Country Lane Apartments Incorporated 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 Country Lane Apartments Incorporated 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 (2024)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 16.0%.
Frequently Asked Questions about Country Lane Apartments Incorporated
Is Country Lane Apartments Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Country Lane Apartments Incorporated (EIN: 421081459) insufficient data. 0 red flags identified, 0 strengths noted.
How does Country Lane Apartments Incorporated spend its money?
Detailed spending breakdown data is not yet available for Country Lane Apartments Incorporated. Check back for updated IRS 990 analysis.
Are donations to Country Lane Apartments Incorporated tax-deductible?
Country Lane Apartments Incorporated is registered as a tax-exempt nonprofit (EIN: 421081459). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Country Lane Apartments Incorporated located?
Country Lane Apartments Incorporated is headquartered in North English, Iowa and files with the IRS under EIN 421081459.
How many years of IRS 990 filings does Country Lane Apartments Incorporated have?
Country Lane Apartments Incorporated 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 $209K in total revenue.
Filing History
IRS 990 filing history for Country Lane Apartments Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Country Lane Apartments Incorporated's revenue has declined by 76.2%, moving from $188K to $45K. Total assets increased by 34.7% over the same period, from $411K to $553K. Total functional expenses fell by 100%, from $218K to $0. The organization holds $88K in liabilities against $553K in assets (debt-to-asset ratio: 16.0%), resulting in net assets of $465K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $45K | $0 | $553K | $88K | — | — |
| 2023 | $26K | $0 | $519K | $99K | — | — |
| 2022 | $53K | $0 | $516K | $123K | — | — |
| 2021 | $42K | $0 | $485K | $145K | — | View 990 |
| 2020 | $201K | $0 | $465K | $167K | — | View 990 |
| 2019 | $8K | $0 | $284K | $187K | — | View 990 |
| 2018 | $15K | $0 | $297K | $208K | — | View 990 |
| 2017 | $197K | $175K | $302K | $228K | — | View 990 |
| 2016 | $197K | $176K | $301K | $249K | — | View 990 |
| 2015 | $189K | $198K | $301K | $270K | — | View 990 |
| 2014 | $173K | $191K | $329K | $288K | — | View 990 |
| 2013 | $179K | $178K | $367K | $309K | — | View 990 |
| 2012 | $191K | $195K | $386K | $330K | — | View 990 |
| 2011 | $188K | $218K | $411K | $351K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $45K, expenses of $0, and assets of $553K (revenue +69.6% year-over-year).
- 2023: Revenue of $26K, expenses of $0, and assets of $519K (revenue -50.2% year-over-year).
- 2022: Revenue of $53K, expenses of $0, and assets of $516K (revenue +25.3% year-over-year).
- 2021: Revenue of $42K, expenses of $0, and assets of $485K (revenue -79.0% year-over-year).
- 2020: Revenue of $201K, expenses of $0, and assets of $465K (revenue +2322.4% year-over-year).
- 2019: Revenue of $8K, expenses of $0, and assets of $284K (revenue -44.7% year-over-year).
- 2018: Revenue of $15K, expenses of $0, and assets of $297K (revenue -92.4% year-over-year).
- 2017: Revenue of $197K, expenses of $175K, and assets of $302K (revenue -0.3% year-over-year).
- 2016: Revenue of $197K, expenses of $176K, and assets of $301K (revenue +4.2% year-over-year).
- 2015: Revenue of $189K, expenses of $198K, and assets of $301K (revenue +9.2% year-over-year).
- 2014: Revenue of $173K, expenses of $191K, and assets of $329K (revenue -3.4% year-over-year).
- 2013: Revenue of $179K, expenses of $178K, and assets of $367K (revenue -6.1% year-over-year).
- 2012: Revenue of $191K, expenses of $195K, and assets of $386K (revenue +1.6% year-over-year).
- 2011: Revenue of $188K, expenses of $218K, and assets of $411K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Country Lane Apartments Incorporated:
Data Sources and Methodology
This transparency report for Country Lane Apartments Incorporated 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.