Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments
EIN: 741722037 · Bay City, TX
| Metric | Value |
|---|---|
| Total Expenses | $616K |
| Net Assets | $21K |
Is Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments
Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments (EIN: 741722037) is a nonprofit organization based in Bay City, TX. 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 Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $663K |
| Total Expenses | $616K |
| Surplus / Deficit | +$47K |
| Total Assets | $837K |
| Total Liabilities | $815K |
| Net Assets | $21K |
| Operating Margin | 7.2% |
| Debt-to-Asset Ratio | 97.4% |
| Months of Reserves | 16.3 months |
Financial Health Grade: A
In 2016, Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments reported a surplus of $47K with revenue exceeding expenses, holds 16.3 months of operating reserves (strong position), has a debt-to-asset ratio of 97.4% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +2.5% | +2.1% | -0.4% |
| 2015 | +0.7% | +1.5% | -3.5% |
| 2014 | +2.0% | -4.7% | -6.0% |
| 2013 | +2.1% | +9.4% | -9.1% |
| 2012 | -3.3% | -5.1% | -5.3% |
AI Analysis Pending
AI enrichment for Hilliard Memorial Inc D/B/A Hilliard Memorial 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 Hilliard Memorial Inc D/B/A Hilliard Memorial 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 97.4%.
Frequently Asked Questions about Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments
Is Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments a legitimate charity?
Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments (EIN: 741722037) is a registered tax-exempt nonprofit based in Texas. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments spend its money?
Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments tax-deductible?
Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments is registered as a tax-exempt nonprofit (EIN: 741722037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments located?
Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments is headquartered in Bay City, Texas and files with the IRS under EIN 741722037.
How many years of IRS 990 filings does Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments have?
Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments has 6 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 Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments's revenue has grown by 4.1%, moving from $637K to $663K. Total assets decreased by 22.3% over the same period, from $1.1M to $837K. Total functional expenses rose by 2.6%, from $600K to $616K. In its most recent filing year (2016), Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments reported a surplus of $47K, with revenue exceeding expenses. The organization holds $815K in liabilities against $837K in assets (debt-to-asset ratio: 97.4%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $663K | $616K | $837K | $815K | — | View 990 |
| 2015 | $647K | $603K | $840K | $846K | — | View 990 |
| 2014 | $642K | $594K | $871K | $911K | — | View 990 |
| 2013 | $630K | $623K | $926K | $986K | — | View 990 |
| 2012 | $616K | $570K | $1.0M | $1.1M | — | View 990 |
| 2011 | $637K | $600K | $1.1M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $663K, expenses of $616K, and assets of $837K (revenue +2.5% year-over-year).
- 2015: Revenue of $647K, expenses of $603K, and assets of $840K (revenue +0.7% year-over-year).
- 2014: Revenue of $642K, expenses of $594K, and assets of $871K (revenue +2.0% year-over-year).
- 2013: Revenue of $630K, expenses of $623K, and assets of $926K (revenue +2.1% year-over-year).
- 2012: Revenue of $616K, expenses of $570K, and assets of $1.0M (revenue -3.3% year-over-year).
- 2011: Revenue of $637K, expenses of $600K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hilliard Memorial Inc D/B/A Hilliard Memorial Apartments:
Data Sources and Methodology
This transparency report for Hilliard Memorial Inc D/B/A Hilliard Memorial 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.