Fancy Farm Elderly Housing Corporation Ii
EIN: 611195893 · Fancy Farm, KY · NTEE: L22
| Metric | Value |
|---|---|
| Total Expenses | $94K |
| Net Assets | $-142,234 |
Is Fancy Farm Elderly Housing Corporation Ii Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fancy Farm Elderly Housing Corporation Ii
Fancy Farm Elderly Housing Corporation Ii (EIN: 611195893) is a nonprofit organization based in Fancy Farm, KY, classified under NTEE code L22. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fancy Farm Elderly Housing Corporation Ii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fancy Farm Elderly Housing Corporation Ii is a small nonprofit that has been operating for 7 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $94K |
| Surplus / Deficit | +$6K |
| Total Assets | $203K |
| Total Liabilities | $345K |
| Net Assets | $-142,234 |
| Operating Margin | 6.4% |
| Debt-to-Asset Ratio | 170.0% |
| Months of Reserves | 26.0 months |
Financial Health Grade: A
In 2023, Fancy Farm Elderly Housing Corporation Ii reported a surplus of $6K with revenue exceeding expenses, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 170.0% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Fancy Farm Elderly Housing Corporation Ii's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +10.9% | +0.5% |
| 2021 | +21.9% | +15.6% | +2.5% |
| 2020 | +69.0% | +127.9% | -26.4% |
| 2018 | -15.6% | -53.0% | +11.6% |
| 2017 | -12.5% | +22.9% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fancy Farm Elderly Housing Corporation Ii 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 Fancy Farm Elderly Housing Corporation Ii 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 surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 170.0%.
Frequently Asked Questions about Fancy Farm Elderly Housing Corporation Ii
Is Fancy Farm Elderly Housing Corporation Ii a legitimate charity?
Fancy Farm Elderly Housing Corporation Ii (EIN: 611195893) is a registered tax-exempt nonprofit based in Kentucky. It has 11 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Fancy Farm Elderly Housing Corporation Ii spend its money?
Fancy Farm Elderly Housing Corporation Ii reported its financials in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fancy Farm Elderly Housing Corporation Ii tax-deductible?
Fancy Farm Elderly Housing Corporation Ii is registered as a tax-exempt nonprofit (EIN: 611195893). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fancy Farm Elderly Housing Corporation Ii located?
Fancy Farm Elderly Housing Corporation Ii is headquartered in Fancy Farm, Kentucky and files with the IRS under EIN 611195893. It is classified under NTEE code L22.
How many years of IRS 990 filings does Fancy Farm Elderly Housing Corporation Ii have?
Fancy Farm Elderly Housing Corporation Ii has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Fancy Farm Elderly Housing Corporation Ii showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Fancy Farm Elderly Housing Corporation Ii's revenue has grown by 112.1%, moving from $47K to $100K. Total assets decreased by 26.9% over the same period, from $278K to $203K. Total functional expenses rose by 43.1%, from $66K to $94K. In its most recent filing year (2023), Fancy Farm Elderly Housing Corporation Ii reported a surplus of $6K, with revenue exceeding expenses. The organization holds $345K in liabilities against $203K in assets (debt-to-asset ratio: 170.0%), resulting in net assets of $-142,234.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $94K | $203K | $345K | — | View 990 |
| 2021 | $95K | $85K | $202K | $352K | — | View 990 |
| 2020 | $78K | $73K | $197K | $357K | — | — |
| 2018 | $46K | $32K | $268K | $407K | — | View 990 |
| 2017 | $55K | $68K | $240K | $393K | — | — |
| 2016 | $62K | $56K | $246K | $385K | — | — |
| 2015 | $48K | $61K | $238K | $393K | — | — |
| 2014 | $49K | $58K | $249K | $392K | — | — |
| 2013 | $56K | $72K | $227K | $401K | — | View 990 |
| 2012 | $42K | $59K | $253K | $409K | — | View 990 |
| 2011 | $47K | $66K | $278K | $418K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $100K, expenses of $94K, and assets of $203K (revenue +5.4% year-over-year).
- 2021: Revenue of $95K, expenses of $85K, and assets of $202K (revenue +21.9% year-over-year).
- 2020: Revenue of $78K, expenses of $73K, and assets of $197K (revenue +69.0% year-over-year).
- 2018: Revenue of $46K, expenses of $32K, and assets of $268K (revenue -15.6% year-over-year).
- 2017: Revenue of $55K, expenses of $68K, and assets of $240K (revenue -12.5% year-over-year).
- 2016: Revenue of $62K, expenses of $56K, and assets of $246K (revenue +29.3% year-over-year).
- 2015: Revenue of $48K, expenses of $61K, and assets of $238K (revenue -2.0% year-over-year).
- 2014: Revenue of $49K, expenses of $58K, and assets of $249K (revenue -11.8% year-over-year).
- 2013: Revenue of $56K, expenses of $72K, and assets of $227K (revenue +31.5% year-over-year).
- 2012: Revenue of $42K, expenses of $59K, and assets of $253K (revenue -10.0% year-over-year).
- 2011: Revenue of $47K, expenses of $66K, and assets of $278K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fancy Farm Elderly Housing Corporation Ii:
Data Sources and Methodology
This transparency report for Fancy Farm Elderly Housing Corporation Ii 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.