Holy Name Real Estate Corp
EIN: 223412504 · Teaneck, NJ · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $8.6M |
| Total Expenses | $7.7M |
| Net Assets | $3.2M |
Is Holy Name Real Estate Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holy Name Real Estate Corp
Holy Name Real Estate Corp (EIN: 223412504) is a nonprofit organization based in Teaneck, NJ, classified under NTEE code X99. The organization reported total revenue of $8.6M and total assets of $48.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holy Name Real Estate Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holy Name Real Estate Corp is a mid-size nonprofit that has been operating for 13 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.8M |
| Total Expenses | $7.7M |
| Surplus / Deficit | +$149K |
| Total Assets | $44.5M |
| Total Liabilities | $41.3M |
| Net Assets | $3.2M |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 92.9% |
| Months of Reserves | 69.7 months |
Financial Health Grade: A
In 2023, Holy Name Real Estate Corp reported a surplus of $149K with revenue exceeding expenses, holds 69.7 months of operating reserves (strong position), has a debt-to-asset ratio of 92.9% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +86610.9% | — | -6.4% |
| 2020 | -437.1% | — | +120.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holy Name Real Estate Corp 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 Holy Name Real Estate Corp 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 $149K, with revenue exceeding expenses.
- Debt-to-asset ratio: 92.9%.
Frequently Asked Questions about Holy Name Real Estate Corp
Is Holy Name Real Estate Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Holy Name Real Estate Corp (EIN: 223412504) insufficient data. 0 red flags identified, 0 strengths noted.
How does Holy Name Real Estate Corp spend its money?
Detailed spending breakdown data is not yet available for Holy Name Real Estate Corp. Check back for updated IRS 990 analysis.
Are donations to Holy Name Real Estate Corp tax-deductible?
Holy Name Real Estate Corp is registered as a tax-exempt nonprofit (EIN: 223412504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holy Name Real Estate Corp located?
Holy Name Real Estate Corp is headquartered in Teaneck, New Jersey and files with the IRS under EIN 223412504. It is classified under NTEE code X99.
How many years of IRS 990 filings does Holy Name Real Estate Corp have?
Holy Name Real Estate Corp has 13 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 $8.6M in total revenue.
Filing History
IRS 990 filing history for Holy Name Real Estate Corp showing financial trends over 13 years of public records:
Total assets increased by 551.9% over the same period, from $6.8M to $44.5M. In its most recent filing year (2023), Holy Name Real Estate Corp reported a surplus of $149K, with revenue exceeding expenses. The organization holds $41.3M in liabilities against $44.5M in assets (debt-to-asset ratio: 92.9%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.8M | $7.7M | $44.5M | $41.3M | — | — |
| 2022 | $9K | $0 | $47.5M | $44.5M | — | View 990 |
| 2021 | $-1,115,747 | $0 | $46.4M | $43.4M | — | View 990 |
| 2020 | $-550,860 | $0 | $38.8M | $34.7M | — | View 990 |
| 2019 | $163K | $0 | $17.6M | $12.9M | — | View 990 |
| 2018 | $-155,734 | $0 | $15.3M | $10.8M | — | View 990 |
| 2017 | $-172,633 | $0 | $13.5M | $8.8M | — | View 990 |
| 2016 | $-210,335 | $0 | $14.1M | $9.3M | — | View 990 |
| 2015 | $102K | $0 | $10.4M | $5.3M | — | View 990 |
| 2014 | $227K | $0 | $9.3M | $4.3M | — | View 990 |
| 2013 | $112K | $0 | $7.9M | $3.1M | — | View 990 |
| 2012 | $-14,739 | $0 | $6.8M | $2.2M | — | View 990 |
| 2011 | $-46,430 | $0 | $6.8M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.8M, expenses of $7.7M, and assets of $44.5M (revenue +86610.9% year-over-year).
- 2022: Revenue of $9K, expenses of $0, and assets of $47.5M.
- 2021: Revenue of $-1,115,747, expenses of $0, and assets of $46.4M.
- 2020: Revenue of $-550,860, expenses of $0, and assets of $38.8M (revenue -437.1% year-over-year).
- 2019: Revenue of $163K, expenses of $0, and assets of $17.6M.
- 2018: Revenue of $-155,734, expenses of $0, and assets of $15.3M.
- 2017: Revenue of $-172,633, expenses of $0, and assets of $13.5M.
- 2016: Revenue of $-210,335, expenses of $0, and assets of $14.1M (revenue -305.2% year-over-year).
- 2015: Revenue of $102K, expenses of $0, and assets of $10.4M (revenue -54.9% year-over-year).
- 2014: Revenue of $227K, expenses of $0, and assets of $9.3M (revenue +102.2% year-over-year).
- 2013: Revenue of $112K, expenses of $0, and assets of $7.9M.
- 2012: Revenue of $-14,739, expenses of $0, and assets of $6.8M.
- 2011: Revenue of $-46,430, expenses of $0, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holy Name Real Estate Corp:
Data Sources and Methodology
This transparency report for Holy Name Real Estate Corp 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.