Eldercare Services Institute Llc
EIN: 262155447 · Cleveland, OH · NTEE: F30
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Net Assets | $-5,169,410 |
Is Eldercare Services Institute Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eldercare Services Institute Llc
Eldercare Services Institute Llc (EIN: 262155447) is a nonprofit organization based in Cleveland, OH, classified under NTEE code F30. The organization reported total revenue of $1.6M and total assets of $213K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eldercare Services Institute Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eldercare Services Institute Llc is a mid-size nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -19.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-357,056 |
| Total Assets | $294K |
| Total Liabilities | $5.5M |
| Net Assets | $-5,169,410 |
| Operating Margin | -25.4% |
| Debt-to-Asset Ratio | 1856.4% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2023, Eldercare Services Institute Llc reported a deficit of $357K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 1856.4% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Eldercare Services Institute Llc's revenue has declined at a compound annual growth rate (CAGR) of -19.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.1% | -9.6% | +45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eldercare Services Institute Llc 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 Eldercare Services Institute Llc 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 $357K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1856.4%.
Frequently Asked Questions about Eldercare Services Institute Llc
Is Eldercare Services Institute Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eldercare Services Institute Llc (EIN: 262155447) insufficient data. 0 red flags identified, 0 strengths noted.
How does Eldercare Services Institute Llc spend its money?
Detailed spending breakdown data is not yet available for Eldercare Services Institute Llc. Check back for updated IRS 990 analysis.
Are donations to Eldercare Services Institute Llc tax-deductible?
Eldercare Services Institute Llc is registered as a tax-exempt nonprofit (EIN: 262155447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eldercare Services Institute Llc located?
Eldercare Services Institute Llc is headquartered in Cleveland, Ohio and files with the IRS under EIN 262155447. It is classified under NTEE code F30.
How many years of IRS 990 filings does Eldercare Services Institute Llc have?
Eldercare Services Institute Llc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Eldercare Services Institute Llc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Eldercare Services Institute Llc's revenue has declined by 19.1%, moving from $1.7M to $1.4M. Total assets increased by 45.7% over the same period, from $202K to $294K. Total functional expenses fell by 9.6%, from $2.0M to $1.8M. In its most recent filing year (2023), Eldercare Services Institute Llc reported a deficit of $357K, with expenses exceeding revenue. The organization holds $5.5M in liabilities against $294K in assets (debt-to-asset ratio: 1856.4%), resulting in net assets of $-5,169,410.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.8M | $294K | $5.5M | — | — |
| 2022 | $1.7M | $2.0M | $202K | $5.0M | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eldercare Services Institute Llc:
Data Sources and Methodology
This transparency report for Eldercare Services Institute Llc 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.