Indian Council Of The Elderly Inc
EIN: 391362980 · Milwaukee, WI · NTEE: P80Z
| Metric | Value |
|---|---|
| Total Revenue | $203K |
| Total Expenses | $159K |
| Net Assets | $116K |
Is Indian Council Of The Elderly Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indian Council Of The Elderly Inc
Indian Council Of The Elderly Inc (EIN: 391362980) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code P80Z. The organization reported total revenue of $203K and total assets of $171K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indian Council Of The Elderly Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indian Council Of The Elderly Inc is a small nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $159K |
| Surplus / Deficit | $-7,046 |
| Total Assets | $132K |
| Total Liabilities | $16K |
| Net Assets | $116K |
| Operating Margin | -4.6% |
| Debt-to-Asset Ratio | 12.0% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Indian Council Of The Elderly Inc reported a deficit of $7K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 12.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Indian Council Of The Elderly Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | +10.3% | -12.8% |
| 2022 | +61.4% | -7.5% | +21.9% |
| 2021 | -27.1% | -0.3% | -31.3% |
| 2020 | -34.7% | -27.8% | -50.3% |
| 2019 | +-0.0% | +6.1% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indian Council Of The Elderly 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 Indian Council Of The Elderly 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.0%.
Frequently Asked Questions about Indian Council Of The Elderly Inc
Is Indian Council Of The Elderly Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Indian Council Of The Elderly Inc (EIN: 391362980) insufficient data. 0 red flags identified, 0 strengths noted.
How does Indian Council Of The Elderly Inc spend its money?
Detailed spending breakdown data is not yet available for Indian Council Of The Elderly Inc. Check back for updated IRS 990 analysis.
Are donations to Indian Council Of The Elderly Inc tax-deductible?
Indian Council Of The Elderly Inc is registered as a tax-exempt nonprofit (EIN: 391362980). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indian Council Of The Elderly Inc located?
Indian Council Of The Elderly Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391362980. It is classified under NTEE code P80Z.
How many years of IRS 990 filings does Indian Council Of The Elderly Inc have?
Indian Council Of The Elderly Inc has 14 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 $203K in total revenue.
Filing History
IRS 990 filing history for Indian Council Of The Elderly Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Indian Council Of The Elderly Inc's revenue has grown by 7.8%, moving from $141K to $152K. Total assets decreased by 52% over the same period, from $274K to $132K. Total functional expenses rose by 19%, from $133K to $159K. In its most recent filing year (2023), Indian Council Of The Elderly Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $16K in liabilities against $132K in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $116K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $152K | $159K | $132K | $16K | — | — |
| 2022 | $156K | $144K | $151K | $28K | — | View 990 |
| 2021 | $96K | $156K | $124K | $12K | — | View 990 |
| 2020 | $132K | $156K | $180K | $9K | — | — |
| 2019 | $203K | $216K | $362K | $13K | — | View 990 |
| 2018 | $203K | $204K | $371K | $8K | — | View 990 |
| 2017 | $173K | $178K | $376K | $12K | — | — |
| 2016 | $251K | $206K | $381K | $12K | — | View 990 |
| 2015 | $199K | $185K | $379K | $55K | — | View 990 |
| 2014 | $191K | $181K | $349K | $39K | — | View 990 |
| 2013 | $203K | $175K | $337K | $36K | — | View 990 |
| 2012 | $140K | $126K | $298K | $25K | — | View 990 |
| 2011 | $128K | $134K | $280K | $21K | — | View 990 |
| 2010 | $141K | $133K | $274K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $152K, expenses of $159K, and assets of $132K (revenue -2.4% year-over-year).
- 2022: Revenue of $156K, expenses of $144K, and assets of $151K (revenue +61.4% year-over-year).
- 2021: Revenue of $96K, expenses of $156K, and assets of $124K (revenue -27.1% year-over-year).
- 2020: Revenue of $132K, expenses of $156K, and assets of $180K (revenue -34.7% year-over-year).
- 2019: Revenue of $203K, expenses of $216K, and assets of $362K (revenue +-0.0% year-over-year).
- 2018: Revenue of $203K, expenses of $204K, and assets of $371K (revenue +16.9% year-over-year).
- 2017: Revenue of $173K, expenses of $178K, and assets of $376K (revenue -30.9% year-over-year).
- 2016: Revenue of $251K, expenses of $206K, and assets of $381K (revenue +25.8% year-over-year).
- 2015: Revenue of $199K, expenses of $185K, and assets of $379K (revenue +4.7% year-over-year).
- 2014: Revenue of $191K, expenses of $181K, and assets of $349K (revenue -6.0% year-over-year).
- 2013: Revenue of $203K, expenses of $175K, and assets of $337K (revenue +45.1% year-over-year).
- 2012: Revenue of $140K, expenses of $126K, and assets of $298K (revenue +9.1% year-over-year).
- 2011: Revenue of $128K, expenses of $134K, and assets of $280K (revenue -9.2% year-over-year).
- 2010: Revenue of $141K, expenses of $133K, and assets of $274K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indian Council Of The Elderly Inc:
Data Sources and Methodology
This transparency report for Indian Council Of The Elderly 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.