Froh Manor Apartments
EIN: 382415433 · Sturgis, MI
| Metric | Value |
|---|---|
| Total Revenue | $361K |
| Total Expenses | $293K |
| Net Assets | $-172,198 |
Is Froh Manor Apartments Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Froh Manor Apartments
Froh Manor Apartments (EIN: 382415433) is a nonprofit organization based in Sturgis, MI. The organization reported total revenue of $361K and total assets of $959K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Froh Manor Apartments's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Froh Manor Apartments is a small nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $321K |
| Total Expenses | $293K |
| Surplus / Deficit | +$28K |
| Total Assets | $897K |
| Total Liabilities | $1.1M |
| Net Assets | $-172,198 |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 119.2% |
| Months of Reserves | 36.7 months |
Financial Health Grade: A
In 2023, Froh Manor Apartments reported a surplus of $28K with revenue exceeding expenses, holds 36.7 months of operating reserves (strong position), has a debt-to-asset ratio of 119.2% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Froh Manor Apartments's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | -13.9% | +0.8% |
| 2022 | +3.7% | +18.5% | -6.2% |
| 2021 | -1.6% | -6.3% | -2.5% |
| 2020 | +1.7% | -0.1% | -9.6% |
| 2019 | +3.1% | +5.2% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Froh Manor 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 Froh Manor 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 119.2%.
Frequently Asked Questions about Froh Manor Apartments
Is Froh Manor Apartments a legitimate charity?
Based on AI analysis of IRS 990 filings, Froh Manor Apartments (EIN: 382415433) insufficient data. 0 red flags identified, 0 strengths noted.
How does Froh Manor Apartments spend its money?
Detailed spending breakdown data is not yet available for Froh Manor Apartments. Check back for updated IRS 990 analysis.
Are donations to Froh Manor Apartments tax-deductible?
Froh Manor Apartments is registered as a tax-exempt nonprofit (EIN: 382415433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Froh Manor Apartments located?
Froh Manor Apartments is headquartered in Sturgis, Michigan and files with the IRS under EIN 382415433.
How many years of IRS 990 filings does Froh Manor Apartments have?
Froh Manor Apartments has 12 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 $361K in total revenue.
Filing History
IRS 990 filing history for Froh Manor Apartments showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Froh Manor Apartments's revenue has grown by 24.8%, moving from $257K to $321K. Total assets increased by 52.8% over the same period, from $587K to $897K. Total functional expenses rose by 10.4%, from $265K to $293K. In its most recent filing year (2023), Froh Manor Apartments reported a surplus of $28K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $897K in assets (debt-to-asset ratio: 119.2%), resulting in net assets of $-172,198.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $321K | $293K | $897K | $1.1M | — | View 990 |
| 2022 | $317K | $340K | $890K | $1.1M | — | View 990 |
| 2021 | $305K | $287K | $949K | $1.1M | — | View 990 |
| 2020 | $310K | $307K | $973K | $1.2M | — | View 990 |
| 2019 | $305K | $307K | $1.1M | $1.1M | — | View 990 |
| 2018 | $296K | $292K | $1.1M | $1.2M | — | — |
| 2017 | $267K | $294K | $1.1M | $1.3M | — | View 990 |
| 2016 | $206K | $279K | $1.2M | $1.4M | — | View 990 |
| 2015 | $276K | $284K | $1.2M | $1.3M | — | View 990 |
| 2014 | $282K | $250K | $1.2M | $1.3M | — | View 990 |
| 2013 | $238K | $286K | $583K | $851K | — | View 990 |
| 2012 | $257K | $265K | $587K | $806K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $321K, expenses of $293K, and assets of $897K (revenue +1.4% year-over-year).
- 2022: Revenue of $317K, expenses of $340K, and assets of $890K (revenue +3.7% year-over-year).
- 2021: Revenue of $305K, expenses of $287K, and assets of $949K (revenue -1.6% year-over-year).
- 2020: Revenue of $310K, expenses of $307K, and assets of $973K (revenue +1.7% year-over-year).
- 2019: Revenue of $305K, expenses of $307K, and assets of $1.1M (revenue +3.1% year-over-year).
- 2018: Revenue of $296K, expenses of $292K, and assets of $1.1M (revenue +10.9% year-over-year).
- 2017: Revenue of $267K, expenses of $294K, and assets of $1.1M (revenue +29.2% year-over-year).
- 2016: Revenue of $206K, expenses of $279K, and assets of $1.2M (revenue -25.4% year-over-year).
- 2015: Revenue of $276K, expenses of $284K, and assets of $1.2M (revenue -2.0% year-over-year).
- 2014: Revenue of $282K, expenses of $250K, and assets of $1.2M (revenue +18.8% year-over-year).
- 2013: Revenue of $238K, expenses of $286K, and assets of $583K (revenue -7.7% year-over-year).
- 2012: Revenue of $257K, expenses of $265K, and assets of $587K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Froh Manor Apartments:
Data Sources and Methodology
This transparency report for Froh Manor 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.