Knoll Shared Housing Inc

Knoll Shared Housing Inc. consistently operated at a significant deficit, with liabilities exceeding assets for five consecutive years, and now reports zero revenue and assets.

EIN: 203581816 · Sparta, NJ · Updated: 2026-03-28

$0Revenue

$0Assets

20/100Mission Score (Poor)

About Knoll Shared Housing Inc

Knoll Shared Housing Inc (EIN: 203581816) is a nonprofit organization based in Sparta, NJ. 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 Knoll Shared Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Knoll Shared Housing Inc. appears to be in a precarious financial position, consistently operating at a significant deficit over the past five years. For example, in 2015, the organization reported revenues of $71,835 against expenses of $126,303, indicating a net loss of over $54,000. This trend of expenses far exceeding revenue is consistent across all available filings, leading to a negative net asset position where liabilities consistently outweigh assets. In 2015, liabilities were $1,461,619 compared to assets of $997,439.

The organization's financial health is further complicated by its current status of reporting $0 in both revenue and assets, which suggests either a significant operational change, dormancy, or potential dissolution. The consistent operational losses over the years, coupled with a negative equity position, raise serious concerns about its long-term sustainability and ability to fulfill its mission. Without more detailed expense breakdowns, it's difficult to assess spending efficiency beyond the overall deficit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Knoll Shared Housing Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 75%
fundraising: 5%

According to IRS 990 filings, Knoll Shared Housing Inc allocates its expenses as follows: admin: 20%, programs: 75%, fundraising: 5%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not reported as officer compensation, which is common for smaller, volunteer-led nonprofits.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Knoll Shared Housing Inc's IRS 990 filings:

Consistent and significant operational deficits for five consecutive years (e.g., $54,468 loss in 2015).
Liabilities consistently exceeding assets, indicating a negative net asset position (e.g., $1,461,619 liabilities vs. $997,439 assets in 2015).
Current reported revenue and assets of $0, raising questions about ongoing operations.
NTEE code is unknown, which can hinder understanding of its specific mission and peer comparisons.

Strengths

The following positive indicators were identified for Knoll Shared Housing Inc:

No reported officer compensation, suggesting a volunteer-driven or highly cost-conscious leadership structure.

Frequently Asked Questions about Knoll Shared Housing Inc

Is Knoll Shared Housing Inc. still operational given its current $0 revenue and assets?

The latest reported financial data of $0 revenue and $0 assets suggests the organization may no longer be actively operating or has undergone a significant restructuring. Further investigation into its current status would be necessary.

How did Knoll Shared Housing Inc. cover its consistent operational deficits?

The consistent deficits, such as the $54,468 loss in 2015, indicate that the organization was likely drawing down on existing assets or incurring more debt to cover its expenses, as evidenced by the growing liabilities relative to assets over the years.

What was the primary source of funding for Knoll Shared Housing Inc.?

The filings show modest revenue figures, ranging from $62,024 to $83,597 annually. Without specific breakdowns, it's difficult to pinpoint the exact primary source, but these figures were consistently insufficient to cover expenses.

Filing History

IRS 990 filing history for Knoll Shared Housing Inc showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2011–2015), Knoll Shared Housing Inc's revenue has declined by 14.1%, moving from $84K to $72K. Total assets decreased by 10% over the same period, from $1.1M to $997K. Total functional expenses rose by 0.6%, from $126K to $126K. In its most recent filing year (2015), Knoll Shared Housing Inc reported a deficit of $54K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $997K in assets (debt-to-asset ratio: 146.5%), resulting in net assets of $-464,180.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2015	$72K	$126K	$997K	$1.5M	—	View 990
2014	$64K	$127K	$1.0M	$1.4M	—	View 990
2013	$62K	$139K	$1.0M	$1.4M	—	View 990
2012	$72K	$123K	$1.1M	$1.4M	—	View 990
2011	$84K	$126K	$1.1M	$1.3M	—	View 990

Year-by-Year Financial Summary

2015: Revenue of $72K, expenses of $126K, and assets of $997K (revenue +12.0% year-over-year).
2014: Revenue of $64K, expenses of $127K, and assets of $1.0M (revenue +3.4% year-over-year).
2013: Revenue of $62K, expenses of $139K, and assets of $1.0M (revenue -13.7% year-over-year).
2012: Revenue of $72K, expenses of $123K, and assets of $1.1M (revenue -14.0% year-over-year).
2011: Revenue of $84K, expenses of $126K, and assets of $1.1M.

Data Sources and Methodology

This transparency report for Knoll Shared Housing 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.