Green Acres Property Owners Association Inc
EIN: 421249050 · Melrose, IA
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $78K |
| Net Assets | $213K |
Is Green Acres Property Owners Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Green Acres Property Owners Association Inc
Green Acres Property Owners Association Inc (EIN: 421249050) is a nonprofit organization based in Melrose, IA. The organization reported total revenue of $112K and total assets of $211K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Green Acres Property Owners Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Green Acres Property Owners Association Inc is a small nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $78K |
| Surplus / Deficit | +$6K |
| Total Assets | $213K |
| Net Assets | $213K |
| Operating Margin | 7.3% |
| Months of Reserves | 32.9 months |
Financial Health Grade: A
In 2022, Green Acres Property Owners Association Inc reported a surplus of $6K with revenue exceeding expenses, holds 32.9 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2013–2022), Green Acres Property Owners Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -11.2% | +38.1% | +3.0% |
| 2021 | +27.5% | +9.3% | +22.6% |
| 2020 | +6.4% | -8.2% | +15.5% |
| 2019 | -1.4% | -6.9% | +10.2% |
| 2018 | +6.6% | +19.9% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Green Acres Property Owners Association Inc 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 Green Acres Property Owners Association Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Frequently Asked Questions about Green Acres Property Owners Association Inc
Is Green Acres Property Owners Association Inc a legitimate charity?
Green Acres Property Owners Association Inc (EIN: 421249050) is a registered tax-exempt nonprofit based in Iowa. It has 10 years of IRS 990 filings on record. Total revenue: $112K. No red flags identified. Financial health grade: A.
How does Green Acres Property Owners Association Inc spend its money?
Green Acres Property Owners Association Inc reported $112K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Green Acres Property Owners Association Inc tax-deductible?
Green Acres Property Owners Association Inc is registered as a tax-exempt nonprofit (EIN: 421249050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Green Acres Property Owners Association Inc located?
Green Acres Property Owners Association Inc is headquartered in Melrose, Iowa and files with the IRS under EIN 421249050.
How many years of IRS 990 filings does Green Acres Property Owners Association Inc have?
Green Acres Property Owners Association Inc has 10 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 $112K in total revenue.
Filing History
IRS 990 filing history for Green Acres Property Owners Association Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Green Acres Property Owners Association Inc's revenue has grown by 55.7%, moving from $54K to $84K. Total assets increased by 412.6% over the same period, from $42K to $213K. Total functional expenses rose by 57.2%, from $50K to $78K. In its most recent filing year (2022), Green Acres Property Owners Association Inc reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $84K | $78K | $213K | $0 | — | — |
| 2021 | $95K | $56K | $207K | $0 | — | View 990 |
| 2020 | $74K | $52K | $169K | $0 | — | — |
| 2019 | $70K | $56K | $146K | $0 | — | View 990 |
| 2018 | $71K | $60K | $133K | $0 | — | View 990 |
| 2017 | $66K | $50K | $122K | $0 | — | View 990 |
| 2016 | $68K | $51K | $106K | $0 | — | View 990 |
| 2015 | $68K | $53K | $89K | $0 | — | View 990 |
| 2014 | $85K | $53K | $74K | $0 | — | View 990 |
| 2013 | $54K | $50K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $84K, expenses of $78K, and assets of $213K (revenue -11.2% year-over-year).
- 2021: Revenue of $95K, expenses of $56K, and assets of $207K (revenue +27.5% year-over-year).
- 2020: Revenue of $74K, expenses of $52K, and assets of $169K (revenue +6.4% year-over-year).
- 2019: Revenue of $70K, expenses of $56K, and assets of $146K (revenue -1.4% year-over-year).
- 2018: Revenue of $71K, expenses of $60K, and assets of $133K (revenue +6.6% year-over-year).
- 2017: Revenue of $66K, expenses of $50K, and assets of $122K (revenue -2.7% year-over-year).
- 2016: Revenue of $68K, expenses of $51K, and assets of $106K (revenue +1.1% year-over-year).
- 2015: Revenue of $68K, expenses of $53K, and assets of $89K (revenue -20.7% year-over-year).
- 2014: Revenue of $85K, expenses of $53K, and assets of $74K (revenue +57.7% year-over-year).
- 2013: Revenue of $54K, expenses of $50K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Green Acres Property Owners Association Inc:
Data Sources and Methodology
This transparency report for Green Acres Property Owners Association 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.