Eastgate Apartments
EIN: 300186071 · Malvern, AR · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $140K |
| Total Expenses | $151K |
| Net Assets | $571K |
Is Eastgate Apartments Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eastgate Apartments
Eastgate Apartments (EIN: 300186071) is a nonprofit organization based in Malvern, AR, classified under NTEE code L22. The organization reported total revenue of $140K and total assets of $553K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastgate Apartments's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastgate Apartments is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $151K |
| Surplus / Deficit | $-28,780 |
| Total Assets | $601K |
| Total Liabilities | $30K |
| Net Assets | $571K |
| Operating Margin | -23.6% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 47.8 months |
Financial Health Grade: B
In 2024, Eastgate Apartments reported a deficit of $29K with expenses exceeding revenue, holds 47.8 months of operating reserves (strong position), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.7% | +14.0% | -3.7% |
| 2023 | +22.4% | +16.9% | -2.6% |
| 2022 | -0.1% | -0.5% | -4.0% |
| 2021 | -1.4% | +9.9% | -5.9% |
| 2020 | +9.5% | +5.9% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eastgate Apartments 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 Eastgate Apartments 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:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.0%.
Frequently Asked Questions about Eastgate Apartments
Is Eastgate Apartments a legitimate charity?
Eastgate Apartments (EIN: 300186071) is a registered tax-exempt nonprofit based in Arkansas. It has 14 years of IRS 990 filings on record. Total revenue: $140K. No red flags identified. Financial health grade: B.
How does Eastgate Apartments spend its money?
Eastgate Apartments reported $140K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eastgate Apartments tax-deductible?
Eastgate Apartments is registered as a tax-exempt nonprofit (EIN: 300186071). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eastgate Apartments located?
Eastgate Apartments is headquartered in Malvern, Arkansas and files with the IRS under EIN 300186071. It is classified under NTEE code L22.
How many years of IRS 990 filings does Eastgate Apartments have?
Eastgate Apartments 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 $140K in total revenue.
Filing History
IRS 990 filing history for Eastgate Apartments showing financial trends over 14 years of public records:
Total assets decreased by 26.3% over the same period, from $815K to $601K. Total functional expenses rose by 77.4%, from $85K to $151K. In its most recent filing year (2024), Eastgate Apartments reported a deficit of $29K, with expenses exceeding revenue. The organization holds $30K in liabilities against $601K in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $571K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $122K | $151K | $601K | $30K | — | — |
| 2023 | $109K | $132K | $624K | $25K | — | — |
| 2022 | $89K | $113K | $640K | $18K | — | View 990 |
| 2021 | $89K | $114K | $667K | $21K | — | — |
| 2020 | $91K | $104K | $709K | $38K | — | View 990 |
| 2019 | $83K | $98K | $698K | $14K | — | View 990 |
| 2018 | $84K | $94K | $725K | $26K | — | — |
| 2017 | $61K | $94K | $721K | $12K | — | View 990 |
| 2016 | $86K | $103K | $766K | $24K | — | View 990 |
| 2015 | $90K | $88K | $771K | $13K | — | View 990 |
| 2014 | $77K | $86K | $766K | $9K | — | View 990 |
| 2013 | $69K | $88K | $779K | $13K | — | View 990 |
| 2012 | $71K | $91K | $795K | $9K | — | View 990 |
| 2011 | $0 | $85K | $815K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $122K, expenses of $151K, and assets of $601K (revenue +11.7% year-over-year).
- 2023: Revenue of $109K, expenses of $132K, and assets of $624K (revenue +22.4% year-over-year).
- 2022: Revenue of $89K, expenses of $113K, and assets of $640K (revenue -0.1% year-over-year).
- 2021: Revenue of $89K, expenses of $114K, and assets of $667K (revenue -1.4% year-over-year).
- 2020: Revenue of $91K, expenses of $104K, and assets of $709K (revenue +9.5% year-over-year).
- 2019: Revenue of $83K, expenses of $98K, and assets of $698K (revenue -1.3% year-over-year).
- 2018: Revenue of $84K, expenses of $94K, and assets of $725K (revenue +38.7% year-over-year).
- 2017: Revenue of $61K, expenses of $94K, and assets of $721K (revenue -29.9% year-over-year).
- 2016: Revenue of $86K, expenses of $103K, and assets of $766K (revenue -4.1% year-over-year).
- 2015: Revenue of $90K, expenses of $88K, and assets of $771K (revenue +17.1% year-over-year).
- 2014: Revenue of $77K, expenses of $86K, and assets of $766K (revenue +11.9% year-over-year).
- 2013: Revenue of $69K, expenses of $88K, and assets of $779K (revenue -3.5% year-over-year).
- 2012: Revenue of $71K, expenses of $91K, and assets of $795K.
- 2011: Revenue of $0, expenses of $85K, and assets of $815K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastgate Apartments:
Data Sources and Methodology
This transparency report for Eastgate 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.