Eagle Realty Holdings Inc

Eagle Realty Holdings Inc. consistently generates revenue exceeding expenses but shows fluctuating asset values.

EIN: 113053106 · Stony Brook, NY · Updated: 2026-03-28

$2.8MRevenue

$5.8MAssets

65/100Mission Score (Good)

About Eagle Realty Holdings Inc

Eagle Realty Holdings Inc (EIN: 113053106) is a nonprofit organization based in Stony Brook, NY. The organization reported total revenue of $2.8M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eagle Realty Holdings Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Eagle Realty Holdings Inc. demonstrates consistent financial activity, with revenues generally exceeding expenses across the past decade, indicating a stable operational model. For instance, in 2023, revenue was $2,952,320 against expenses of $2,306,076, resulting in a surplus. The organization's assets have fluctuated, showing a significant increase from $7,287,030 in 2016 to a peak of $10,477,968 in 2021, before declining to $5,557,524 in 2023. This fluctuation in assets, particularly the recent decrease, warrants further investigation to understand the underlying causes, such as asset sales or revaluations.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent surplus suggests that the organization is managing its overall expenditures within its revenue streams. The absence of reported officer compensation across all filings is a notable aspect, potentially indicating a volunteer-led executive structure or compensation being reported under other expense categories, which would impact transparency.

Overall, while the organization appears financially stable with consistent revenue generation, the lack of detailed expense categorization in the provided data limits a comprehensive assessment of spending efficiency and program focus. The significant changes in asset values also present an area for deeper inquiry to fully understand the organization's financial strategy and health.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Eagle Realty Holdings Inc with a Mission Score of 65 out of 100 (Good). 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, Eagle Realty Holdings Inc 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, suggesting either a volunteer-led executive team or that compensation is categorized under other operational expenses, which could impact 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 Eagle Realty Holdings Inc's IRS 990 filings:

Unknown NTEE code, making it difficult to understand the organization's charitable purpose.
Significant fluctuation in assets and liabilities without clear explanation in the provided data.
Consistent 0% officer compensation, which may obscure actual leadership costs if compensation is reported elsewhere.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.

Strengths

The following positive indicators were identified for Eagle Realty Holdings Inc:

Consistent revenue generation exceeding expenses, indicating operational stability.
Positive net assets across all reported periods, suggesting financial solvency.
History of 13 filings, indicating consistent compliance with IRS reporting requirements.

Frequently Asked Questions about Eagle Realty Holdings Inc

What is the specific mission of Eagle Realty Holdings Inc. given its NTEE code is unknown?

Without an NTEE code or mission statement, it's difficult to ascertain the specific charitable purpose of Eagle Realty Holdings Inc. This information is crucial for evaluating its impact.

Why have the organization's assets decreased significantly from $10,477,968 in 2021 to $5,557,524 in 2023?

The substantial decrease in assets over two years requires further investigation into potential asset sales, revaluations, or significant debt repayments that reduced net assets.

How are expenses categorized if officer compensation is consistently reported as 0%?

If officers are compensated, their salaries must be reported. A consistent 0% suggests either a fully volunteer executive board or that compensation is embedded within other expense lines, which reduces transparency.

What is the breakdown of program, administrative, and fundraising expenses?

The provided data only gives total expenses. A detailed breakdown is necessary to assess spending efficiency and the proportion of funds directly supporting charitable programs.

What is the nature of the liabilities, which have also fluctuated significantly?

Liabilities peaked at $5,707,599 in 2021 and decreased to $787,155 in 2023. Understanding the nature of these liabilities (e.g., mortgages, program-related debt) is important for financial health assessment.

Filing History

IRS 990 filing history for Eagle Realty Holdings Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Eagle Realty Holdings Inc's revenue has grown by 18.3%, moving from $2.5M to $3.0M. Total assets decreased by 26.1% over the same period, from $7.5M to $5.6M. Total functional expenses rose by 22.3%, from $1.9M to $2.3M. In its most recent filing year (2023), Eagle Realty Holdings Inc reported a surplus of $646K, with revenue exceeding expenses. The organization holds $787K in liabilities against $5.6M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $4.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.0M	$2.3M	$5.6M	$787K	—	View 990
2022	$3.6M	$2.4M	$5.4M	$592K	—	View 990
2021	$2.7M	$2.0M	$10.5M	$5.7M	—	—
2020	$2.6M	$1.8M	$9.0M	$4.3M	—	—
2019	$2.6M	$2.1M	$8.2M	$3.4M	—	View 990
2018	$2.5M	$2.1M	$7.9M	$3.1M	—	View 990
2017	$2.4M	$2.2M	$7.3M	$2.5M	—	View 990
2016	$2.4M	$2.2M	$7.3M	$2.5M	—	View 990
2015	$2.5M	$2.2M	$7.9M	$3.1M	—	View 990
2014	$2.4M	$2.2M	$7.8M	$3.0M	—	View 990
2013	$2.5M	$2.2M	$7.3M	$2.5M	—	View 990
2012	$2.4M	$1.9M	$7.5M	$2.7M	—	View 990
2011	$2.5M	$1.9M	$7.5M	$2.8M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.0M, expenses of $2.3M, and assets of $5.6M (revenue -18.9% year-over-year).
2022: Revenue of $3.6M, expenses of $2.4M, and assets of $5.4M (revenue +34.6% year-over-year).
2021: Revenue of $2.7M, expenses of $2.0M, and assets of $10.5M (revenue +2.6% year-over-year).
2020: Revenue of $2.6M, expenses of $1.8M, and assets of $9.0M (revenue +0.1% year-over-year).
2019: Revenue of $2.6M, expenses of $2.1M, and assets of $8.2M (revenue +3.4% year-over-year).
2018: Revenue of $2.5M, expenses of $2.1M, and assets of $7.9M (revenue +5.0% year-over-year).
2017: Revenue of $2.4M, expenses of $2.2M, and assets of $7.3M (revenue +1.1% year-over-year).
2016: Revenue of $2.4M, expenses of $2.2M, and assets of $7.3M (revenue -3.1% year-over-year).
2015: Revenue of $2.5M, expenses of $2.2M, and assets of $7.9M (revenue +3.7% year-over-year).
2014: Revenue of $2.4M, expenses of $2.2M, and assets of $7.8M (revenue -3.8% year-over-year).
2013: Revenue of $2.5M, expenses of $2.2M, and assets of $7.3M (revenue +1.9% year-over-year).
2012: Revenue of $2.4M, expenses of $1.9M, and assets of $7.5M (revenue -2.4% year-over-year).
2011: Revenue of $2.5M, expenses of $1.9M, and assets of $7.5M.

Data Sources and Methodology

This transparency report for Eagle Realty Holdings 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.