Kay Goss Apartments Inc
EIN: 300186032 · Malvern, AR · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $122K |
| Net Assets | $458K |
Is Kay Goss Apartments Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kay Goss Apartments Inc
Kay Goss Apartments Inc (EIN: 300186032) is a nonprofit organization based in Malvern, AR, classified under NTEE code L22. The organization reported total revenue of $180K and total assets of $531K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kay Goss Apartments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kay Goss Apartments Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $122K |
| Surplus / Deficit | $-3,085 |
| Total Assets | $524K |
| Total Liabilities | $66K |
| Net Assets | $458K |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 12.6% |
| Months of Reserves | 51.7 months |
Financial Health Grade: B
In 2024, Kay Goss Apartments Inc reported a deficit of $3K with expenses exceeding revenue, holds 51.7 months of operating reserves (strong position), has a debt-to-asset ratio of 12.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Kay Goss Apartments Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.8% | +6.1% | +3.6% |
| 2023 | +3.0% | +15.6% | -1.7% |
| 2022 | +26.2% | -7.5% | -4.0% |
| 2021 | +44.8% | +15.3% | -3.9% |
| 2020 | +18.0% | +19.2% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kay Goss Apartments 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 Kay Goss Apartments 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.6%.
Frequently Asked Questions about Kay Goss Apartments Inc
Is Kay Goss Apartments Inc a legitimate charity?
Kay Goss Apartments Inc (EIN: 300186032) is a registered tax-exempt nonprofit based in Arkansas. It has 13 years of IRS 990 filings on record. Total revenue: $180K. No red flags identified. Financial health grade: B.
How does Kay Goss Apartments Inc spend its money?
Kay Goss Apartments Inc reported $180K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kay Goss Apartments Inc tax-deductible?
Kay Goss Apartments Inc is registered as a tax-exempt nonprofit (EIN: 300186032). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kay Goss Apartments Inc located?
Kay Goss Apartments Inc is headquartered in Malvern, Arkansas and files with the IRS under EIN 300186032. It is classified under NTEE code L22.
How many years of IRS 990 filings does Kay Goss Apartments Inc have?
Kay Goss Apartments Inc 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 $180K in total revenue.
Filing History
IRS 990 filing history for Kay Goss Apartments Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Kay Goss Apartments Inc's revenue has grown by 158.7%, moving from $46K to $119K. Total assets decreased by 27.6% over the same period, from $725K to $524K. Total functional expenses rose by 90.8%, from $64K to $122K. In its most recent filing year (2024), Kay Goss Apartments Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $66K in liabilities against $524K in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $458K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $119K | $122K | $524K | $66K | — | — |
| 2023 | $105K | $115K | $506K | $44K | — | View 990 |
| 2022 | $102K | $99K | $514K | $44K | — | View 990 |
| 2021 | $81K | $107K | $536K | $68K | — | — |
| 2020 | $56K | $93K | $558K | $63K | — | View 990 |
| 2019 | $47K | $78K | $584K | $53K | — | View 990 |
| 2018 | $56K | $85K | $606K | $45K | — | View 990 |
| 2017 | $52K | $90K | $627K | $36K | — | View 990 |
| 2016 | $55K | $89K | $646K | $17K | — | View 990 |
| 2015 | $137K | $85K | $671K | $8K | — | View 990 |
| 2014 | $51K | $64K | $690K | $78K | — | View 990 |
| 2013 | $52K | $72K | $704K | $79K | — | View 990 |
| 2012 | $46K | $64K | $725K | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $119K, expenses of $122K, and assets of $524K (revenue +12.8% year-over-year).
- 2023: Revenue of $105K, expenses of $115K, and assets of $506K (revenue +3.0% year-over-year).
- 2022: Revenue of $102K, expenses of $99K, and assets of $514K (revenue +26.2% year-over-year).
- 2021: Revenue of $81K, expenses of $107K, and assets of $536K (revenue +44.8% year-over-year).
- 2020: Revenue of $56K, expenses of $93K, and assets of $558K (revenue +18.0% year-over-year).
- 2019: Revenue of $47K, expenses of $78K, and assets of $584K (revenue -14.8% year-over-year).
- 2018: Revenue of $56K, expenses of $85K, and assets of $606K (revenue +7.5% year-over-year).
- 2017: Revenue of $52K, expenses of $90K, and assets of $627K (revenue -5.8% year-over-year).
- 2016: Revenue of $55K, expenses of $89K, and assets of $646K (revenue -60.0% year-over-year).
- 2015: Revenue of $137K, expenses of $85K, and assets of $671K (revenue +167.4% year-over-year).
- 2014: Revenue of $51K, expenses of $64K, and assets of $690K (revenue -2.2% year-over-year).
- 2013: Revenue of $52K, expenses of $72K, and assets of $704K (revenue +14.3% year-over-year).
- 2012: Revenue of $46K, expenses of $64K, and assets of $725K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kay Goss Apartments Inc:
Data Sources and Methodology
This transparency report for Kay Goss Apartments 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.