Danas Garden Apartments
Danas Garden Apartments consistently operates at a deficit with declining assets and high liabilities.
EIN: 205829788 · Shawnee, OK · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $100K |
| Total Expenses | $154K |
| Program Spending | 80% |
| Net Assets | $-694,623 |
| Transparency Score | 55/100 |
Is Danas Garden Apartments Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Danas Garden Apartments directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Danas Garden Apartments
Danas Garden Apartments (EIN: 205829788) is a nonprofit organization based in Shawnee, OK, classified under NTEE code L21. The organization reported total revenue of $100K and total assets of $614K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Danas Garden Apartments's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Danas Garden Apartments is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $154K |
| Surplus / Deficit | $-38,721 |
| Total Assets | $658K |
| Total Liabilities | $1.4M |
| Net Assets | $-694,623 |
| Operating Margin | -33.7% |
| Debt-to-Asset Ratio | 205.6% |
| Months of Reserves | 51.3 months |
Financial Health Grade: C
In 2023, Danas Garden Apartments reported a deficit of $39K with expenses exceeding revenue, holds 51.3 months of operating reserves (strong position), has a debt-to-asset ratio of 205.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Danas Garden Apartments's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.1% | +3.2% | -6.0% |
| 2022 | -2.4% | +13.1% | -6.5% |
| 2021 | +7.0% | -6.9% | -4.5% |
| 2020 | +9.3% | +9.1% | -5.8% |
| 2019 | +5.1% | -4.0% | -5.2% |
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 Danas Garden Apartments 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Danas Garden Apartments allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 205.6%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers are receiving salaries from the organization, which is a positive for resource allocation.
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 Danas Garden Apartments's IRS 990 filings:
- Consistent operating deficits (e.g., $38,721 deficit in 2023)
- Declining asset base over time (from $1,068,565 in 2014 to $657,815 in 2023)
- Liabilities significantly exceed assets, indicating a negative net asset position (e.g., $1,352,438 liabilities vs. $657,815 assets in 2023)
Strengths
The following positive indicators were identified for Danas Garden Apartments:
- Consistent 0% officer compensation, indicating efficient use of funds for leadership
- Regular and consistent IRS 990 filing history (13 filings), demonstrating transparency
Frequently Asked Questions about Danas Garden Apartments
Is Danas Garden Apartments a legitimate charity?
Danas Garden Apartments (EIN: 205829788) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $100K. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Danas Garden Apartments spend its money?
Danas Garden Apartments directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Danas Garden Apartments tax-deductible?
Danas Garden Apartments is registered as a tax-exempt nonprofit (EIN: 205829788). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Danas Garden Apartments's spending goes to programs?
Danas Garden Apartments directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Danas Garden Apartments compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Danas Garden Apartments is near average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Danas Garden Apartments located?
Danas Garden Apartments is headquartered in Shawnee, Oklahoma and files with the IRS under EIN 205829788. It is classified under NTEE code L21.
How many years of IRS 990 filings does Danas Garden Apartments have?
Danas Garden Apartments 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 $100K in total revenue.
How does Danas Garden Apartments cover its consistent operating deficits?
The organization consistently reports expenses exceeding revenue (e.g., $153,733 expenses vs. $115,012 revenue in 2023). This suggests they are either drawing down on existing assets, receiving non-revenue contributions not detailed in the summary, or incurring debt to cover operational costs.
What is the nature of the high liabilities ($1.35 million) relative to assets ($657,815 in 2023)?
The liabilities consistently exceed assets, indicating a negative net asset position. Without further detail from the full 990 forms, it's unclear if these are mortgages, program-related investments, or other forms of debt, but they represent a significant financial burden.
Is the declining asset base a concern for the organization's long-term viability?
Yes, the steady decline in assets from $1,068,565 in 2014 to $657,815 in 2023, combined with persistent operating deficits, is a significant concern for the organization's long-term financial sustainability and ability to fulfill its mission.
Filing History
IRS 990 filing history for Danas Garden Apartments showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Danas Garden Apartments's revenue has grown by 41.3%, moving from $81K to $115K. Total assets decreased by 46.1% over the same period, from $1.2M to $658K. Total functional expenses rose by 14.1%, from $135K to $154K. In its most recent filing year (2023), Danas Garden Apartments reported a deficit of $39K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $658K in assets (debt-to-asset ratio: 205.6%), resulting in net assets of $-694,623.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $154K | $658K | $1.4M | — | — |
| 2022 | $97K | $149K | $700K | $1.4M | — | — |
| 2021 | $100K | $132K | $749K | $1.4M | — | View 990 |
| 2020 | $93K | $141K | $784K | $1.4M | — | — |
| 2019 | $85K | $130K | $833K | $1.4M | — | View 990 |
| 2018 | $81K | $135K | $878K | $1.4M | — | View 990 |
| 2017 | $85K | $131K | $931K | $1.4M | — | View 990 |
| 2016 | $83K | $129K | $977K | $1.4M | — | View 990 |
| 2015 | $85K | $134K | $1.0M | $1.4M | — | View 990 |
| 2014 | $82K | $132K | $1.1M | $1.4M | — | View 990 |
| 2013 | $82K | $133K | $1.1M | $1.3M | — | View 990 |
| 2012 | $86K | $134K | $1.2M | $1.3M | — | View 990 |
| 2011 | $81K | $135K | $1.2M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115K, expenses of $154K, and assets of $658K (revenue +18.1% year-over-year).
- 2022: Revenue of $97K, expenses of $149K, and assets of $700K (revenue -2.4% year-over-year).
- 2021: Revenue of $100K, expenses of $132K, and assets of $749K (revenue +7.0% year-over-year).
- 2020: Revenue of $93K, expenses of $141K, and assets of $784K (revenue +9.3% year-over-year).
- 2019: Revenue of $85K, expenses of $130K, and assets of $833K (revenue +5.1% year-over-year).
- 2018: Revenue of $81K, expenses of $135K, and assets of $878K (revenue -4.1% year-over-year).
- 2017: Revenue of $85K, expenses of $131K, and assets of $931K (revenue +1.8% year-over-year).
- 2016: Revenue of $83K, expenses of $129K, and assets of $977K (revenue -1.9% year-over-year).
- 2015: Revenue of $85K, expenses of $134K, and assets of $1.0M (revenue +3.3% year-over-year).
- 2014: Revenue of $82K, expenses of $132K, and assets of $1.1M (revenue +0.2% year-over-year).
- 2013: Revenue of $82K, expenses of $133K, and assets of $1.1M (revenue -4.5% year-over-year).
- 2012: Revenue of $86K, expenses of $134K, and assets of $1.2M (revenue +5.2% year-over-year).
- 2011: Revenue of $81K, expenses of $135K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Danas Garden Apartments:
Data Sources and Methodology
This transparency report for Danas Garden Apartments 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.