Maples Housing Corporation
Maples Housing Corporation consistently operates at a deficit with declining assets and increasing liabilities.
EIN: 141990608 · Saint Joseph, MO · NTEE: L11 · Updated: 2026-03-28
Is Maples Housing Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maples Housing Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Maples Housing Corporation
Maples Housing Corporation (EIN: 141990608) is a nonprofit organization based in Saint Joseph, MO, classified under NTEE code L11. The organization reported total revenue of $101K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maples Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maples Housing Corporation with a Mission Score of 45 out of 100 (Fair). 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: 70%
- fundraising: 10%
According to IRS 990 filings, Maples Housing Corporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is a positive for resource allocation.
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 Maples Housing Corporation's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in all reported periods, e.g., $159,794 expenses vs. $101,748 revenue in 2023).
- Negative net asset position (liabilities consistently exceed assets, e.g., $1,929,011 liabilities vs. $1,513,355 assets in 2023).
- Declining asset base over time (from $1,971,775 in 2011 to $1,513,355 in 2023).
- Increasing liabilities over time (from $1,864,580 in 2011 to $1,929,011 in 2023).
Strengths
The following positive indicators were identified for Maples Housing Corporation:
- Zero reported officer compensation across all filings, indicating efficient use of funds at the executive level.
- Long operational history with 10 filings, suggesting resilience despite financial challenges.
Frequently Asked Questions about Maples Housing Corporation
Is Maples Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Maples Housing Corporation (EIN: 141990608) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Maples Housing Corporation spend its money?
Maples Housing Corporation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maples Housing Corporation tax-deductible?
Maples Housing Corporation is registered as a tax-exempt nonprofit (EIN: 141990608). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Maples Housing Corporation financially sustainable?
Based on the consistent operational deficits (e.g., $159,794 expenses vs. $101,748 revenue in 2023) and negative net assets (liabilities exceeding assets), the organization's current financial model does not appear sustainable long-term without significant changes.
What is causing the persistent revenue shortfall?
The provided data does not detail revenue sources or specific expense categories beyond total revenue and expenses, making it difficult to pinpoint the exact causes of the consistent shortfall. Further analysis of detailed financial statements would be required.
How does the organization manage its significant liabilities?
With liabilities consistently exceeding assets (e.g., $1,929,011 liabilities vs. $1,513,355 assets in 2023), the organization likely relies on debt financing or has accumulated significant deficits. The specific management strategies for these liabilities are not detailed in the summary data.
Filing History
IRS 990 filing history for Maples Housing Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Maples Housing Corporation's revenue has grown by 48.6%, moving from $68K to $102K. Total assets decreased by 23.2% over the same period, from $2.0M to $1.5M. Total functional expenses rose by 53.8%, from $104K to $160K. In its most recent filing year (2023), Maples Housing Corporation reported a deficit of $58K, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $1.5M in assets (debt-to-asset ratio: 127.5%), resulting in net assets of $-415,656.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $160K | $1.5M | $1.9M | — | — |
| 2022 | $97K | $146K | $1.5M | $1.9M | — | View 990 |
| 2021 | $94K | $133K | $1.6M | $1.9M | — | View 990 |
| 2020 | $93K | $129K | $1.6M | $1.9M | — | — |
| 2019 | $88K | $121K | $1.6M | $1.9M | — | View 990 |
| 2018 | $78K | $130K | $1.7M | $1.9M | — | View 990 |
| 2017 | $70K | $124K | $1.7M | $1.9M | — | View 990 |
| 2016 | $89K | $117K | $1.8M | $1.9M | — | View 990 |
| 2015 | $72K | $111K | $1.8M | $1.9M | — | View 990 |
| 2011 | $68K | $104K | $2.0M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $160K, and assets of $1.5M (revenue +5.0% year-over-year).
- 2022: Revenue of $97K, expenses of $146K, and assets of $1.5M (revenue +3.3% year-over-year).
- 2021: Revenue of $94K, expenses of $133K, and assets of $1.6M (revenue +0.6% year-over-year).
- 2020: Revenue of $93K, expenses of $129K, and assets of $1.6M (revenue +5.9% year-over-year).
- 2019: Revenue of $88K, expenses of $121K, and assets of $1.6M (revenue +12.4% year-over-year).
- 2018: Revenue of $78K, expenses of $130K, and assets of $1.7M (revenue +11.8% year-over-year).
- 2017: Revenue of $70K, expenses of $124K, and assets of $1.7M (revenue -21.5% year-over-year).
- 2016: Revenue of $89K, expenses of $117K, and assets of $1.8M (revenue +24.8% year-over-year).
- 2015: Revenue of $72K, expenses of $111K, and assets of $1.8M (revenue +4.5% year-over-year).
- 2011: Revenue of $68K, expenses of $104K, and assets of $2.0M.
Data Sources and Methodology
This transparency report for Maples Housing Corporation 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.