Maple Wood Housing For The Elderly Corp
Maple Wood Housing: Stable Operations, Declining Assets
EIN: 222728117 · Wilmington, DE · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $719K |
| Total Expenses | $692K |
| Program Spending | 85% |
| Net Assets | $-184,401 |
| Transparency Score | 75/100 |
Is Maple Wood Housing For The Elderly Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maple Wood Housing For The Elderly Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maple Wood Housing For The Elderly Corp
Maple Wood Housing For The Elderly Corp (EIN: 222728117) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $719K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maple Wood Housing For The Elderly Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maple Wood Housing For The Elderly Corp is a small nonprofit that has been operating for 40 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $740K |
| Total Expenses | $692K |
| Surplus / Deficit | +$47K |
| Total Assets | $1.4M |
| Total Liabilities | $1.6M |
| Net Assets | $-184,401 |
| Operating Margin | 6.4% |
| Debt-to-Asset Ratio | 113.0% |
| Months of Reserves | 24.6 months |
Financial Health Grade: A
In 2024, Maple Wood Housing For The Elderly Corp reported a surplus of $47K with revenue exceeding expenses, holds 24.6 months of operating reserves (strong position), has a debt-to-asset ratio of 113.0% (high leverage).
Financial Trends
Over 11 years of filings (2012–2024), Maple Wood Housing For The Elderly Corp's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.8% | +4.7% | -3.2% |
| 2023 | +0.8% | +1.2% | -1.5% |
| 2022 | +1.9% | -1.4% | -0.4% |
| 2021 | +3.9% | +1.2% | -2.6% |
| 2020 | -1.2% | -1.4% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maple Wood Housing For The Elderly Corp with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Maple Wood Housing For The Elderly Corp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 113.0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold or not applicable for this organization's structure.
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 Maple Wood Housing For The Elderly Corp's IRS 990 filings:
- Total assets have shown a consistent decline over the past several years, from $1,680,949 in 2015 to $1,365,038 in 2024.
- Liabilities have also consistently decreased, from $2,250,108 in 2015 to $1,601,610 in 2024, indicating a reduction in overall financial obligations but also potentially a shrinking operational footprint.
Strengths
The following positive indicators were identified for Maple Wood Housing For The Elderly Corp:
- Consistent revenue generation, with revenues remaining relatively stable around $700,000-$750,000 annually.
- Expenses are consistently managed below revenue, leading to positive net income in most reported years.
- Long operational history with consistent financial reporting, indicating stability and established processes.
Frequently Asked Questions about Maple Wood Housing For The Elderly Corp
Is Maple Wood Housing For The Elderly Corp a legitimate charity?
Maple Wood Housing For The Elderly Corp (EIN: 222728117) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $719K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Maple Wood Housing For The Elderly Corp spend its money?
Maple Wood Housing For The Elderly Corp directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maple Wood Housing For The Elderly Corp tax-deductible?
Maple Wood Housing For The Elderly Corp is registered as a tax-exempt nonprofit (EIN: 222728117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maple Wood Housing For The Elderly Corp's spending goes to programs?
Maple Wood Housing For The Elderly Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maple Wood Housing For The Elderly Corp located?
Maple Wood Housing For The Elderly Corp is headquartered in Wilmington, Delaware and files with the IRS under EIN 222728117.
How many years of IRS 990 filings does Maple Wood Housing For The Elderly Corp have?
Maple Wood Housing For The Elderly Corp has 11 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 $719K in total revenue.
What does Maple Wood Housing For The Elderly Corp do?
Maple Wood Housing For The Elderly Corp is a nonprofit organization in the Unknown sector, located in Wilmington, Delaware. It is classified under NTEE code Unknown.
How much revenue does Maple Wood Housing For The Elderly Corp have?
Maple Wood Housing For The Elderly Corp reported total revenue of $719,201. Based on 11 IRS 990 filings on record.
What are Maple Wood Housing For The Elderly Corp's total assets?
Maple Wood Housing For The Elderly Corp holds total assets of $1,365,038 as reported in IRS 990 filings.
Where is Maple Wood Housing For The Elderly Corp located?
Maple Wood Housing For The Elderly Corp is based in Wilmington, Delaware.
What is Maple Wood Housing For The Elderly Corp's EIN?
Maple Wood Housing For The Elderly Corp's Employer Identification Number (EIN) is 222728117. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Maple Wood Housing For The Elderly Corp?
Maple Wood Housing For The Elderly Corp is classified under NTEE code Unknown (Unknown).
Is Maple Wood Housing For The Elderly Corp a registered 501(c)(3)?
Maple Wood Housing For The Elderly Corp appears in IRS records (EIN: 222728117). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Maple Wood Housing For The Elderly Corp file IRS Form 990?
Yes, Maple Wood Housing For The Elderly Corp has 11 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Maple Wood Housing For The Elderly Corp's revenue in 2024?
In the 202403 filing period, Maple Wood Housing For The Elderly Corp reported total revenue of $739,783, total expenses of $692,354, and net assets of $1,417,209.
Is Maple Wood Housing For The Elderly Corp's revenue growing or declining?
Maple Wood Housing For The Elderly Corp's revenue is relatively stable. Revenue went from $734,106 (202303) to $739,783 (202403), a +0.8% change. Based on 11 filings on record.
What is Maple Wood Housing For The Elderly Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Maple Wood Housing For The Elderly Corp covers tax period 202403. It shows revenue of $739,783, expenses of $692,354, total assets of $1,417,209, and liabilities of $1,601,610.
How much does Maple Wood Housing For The Elderly Corp spend on programs vs administration?
Based on IRS 990 analysis, Maple Wood Housing For The Elderly Corp allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Maple Wood Housing For The Elderly Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Maple Wood Housing For The Elderly Corp appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Maple Wood Housing For The Elderly Corp?
The following concerns were identified: Total assets have shown a consistent decline over the past several years, from $1,680,949 in 2015 to $1,365,038 in 2024.. Liabilities have also consistently decreased, from $2,250,108 in 2015 to $1,601,610 in 2024, indicating a reduction in overall financial obligations but also potentially a shrinking operational footprint.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Maple Wood Housing For The Elderly Corp's strengths?
Positive indicators for Maple Wood Housing For The Elderly Corp include: Consistent revenue generation, with revenues remaining relatively stable around $700,000-$750,000 annually.. Expenses are consistently managed below revenue, leading to positive net income in most reported years.. Long operational history with consistent financial reporting, indicating stability and established processes.. These findings are derived from AI analysis of the organization's financial filings.
How does Maple Wood Housing For The Elderly Corp compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold or not applicable for this organization's structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Maple Wood Housing For The Elderly Corp?
• Financial filings are consistently available and show detailed revenue and expense breakdowns. • The organization's 990 forms are publicly accessible, providing insight into governance and compensation. • No specific transparency report or impact report is readily available beyond standard financial disclosures. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent decline in assets and liabilities, what is the long-term strategic plan for Maple Wood Housing to maintain or expand its capacity to serve the elderly?
The provided data does not detail strategic plans. The decline in both assets and liabilities could indicate a planned reduction in scale, a shift in asset management, or a natural depreciation of long-held assets without significant new investment. Further qualitative data would be needed to understand the strategic implications.
Filing History
IRS 990 filing history for Maple Wood Housing For The Elderly Corp showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Maple Wood Housing For The Elderly Corp's revenue has grown by 15.2%, moving from $642K to $740K. Total assets decreased by 22% over the same period, from $1.8M to $1.4M. Total functional expenses rose by 2.5%, from $676K to $692K. In its most recent filing year (2024), Maple Wood Housing For The Elderly Corp reported a surplus of $47K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $1.4M in assets (debt-to-asset ratio: 113.0%), resulting in net assets of $-184,401.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $740K | $692K | $1.4M | $1.6M | — | — |
| 2023 | $734K | $661K | $1.5M | $1.7M | — | View 990 |
| 2022 | $728K | $653K | $1.5M | $1.8M | — | View 990 |
| 2021 | $714K | $663K | $1.5M | $1.9M | — | — |
| 2020 | $687K | $654K | $1.5M | $2.0M | — | View 990 |
| 2019 | $696K | $664K | $1.5M | $2.0M | — | View 990 |
| 2016 | $753K | $732K | $1.7M | $2.2M | — | View 990 |
| 2015 | $655K | $671K | $1.7M | $2.3M | — | View 990 |
| 2014 | $653K | $646K | $1.7M | $2.3M | — | View 990 |
| 2013 | $636K | $649K | $1.8M | $2.3M | — | View 990 |
| 2012 | $642K | $676K | $1.8M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $740K, expenses of $692K, and assets of $1.4M (revenue +0.8% year-over-year).
- 2023: Revenue of $734K, expenses of $661K, and assets of $1.5M (revenue +0.8% year-over-year).
- 2022: Revenue of $728K, expenses of $653K, and assets of $1.5M (revenue +1.9% year-over-year).
- 2021: Revenue of $714K, expenses of $663K, and assets of $1.5M (revenue +3.9% year-over-year).
- 2020: Revenue of $687K, expenses of $654K, and assets of $1.5M (revenue -1.2% year-over-year).
- 2019: Revenue of $696K, expenses of $664K, and assets of $1.5M (revenue -7.7% year-over-year).
- 2016: Revenue of $753K, expenses of $732K, and assets of $1.7M (revenue +15.0% year-over-year).
- 2015: Revenue of $655K, expenses of $671K, and assets of $1.7M (revenue +0.3% year-over-year).
- 2014: Revenue of $653K, expenses of $646K, and assets of $1.7M (revenue +2.6% year-over-year).
- 2013: Revenue of $636K, expenses of $649K, and assets of $1.8M (revenue -0.9% year-over-year).
- 2012: Revenue of $642K, expenses of $676K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maple Wood Housing For The Elderly Corp:
Data Sources and Methodology
This transparency report for Maple Wood Housing For The Elderly 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.