Menorah Campus Independent Senior Apartments Inc
Menorah Campus Independent Senior Apartments Inc. faces persistent operational deficits and increasing liabilities.
EIN: 161376701 · Getzville, NY · NTEE: P75Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $7.6M |
| Program Spending | 85% |
| Net Assets | $-17,151,291 |
| Transparency Score | 55/100 |
Is Menorah Campus Independent Senior Apartments Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Menorah Campus Independent Senior Apartments Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Menorah Campus Independent Senior Apartments Inc
Menorah Campus Independent Senior Apartments Inc (EIN: 161376701) is a nonprofit organization based in Getzville, NY, classified under NTEE code P75Z. The organization reported total revenue of $5.7M and total assets of $231K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Menorah Campus Independent Senior Apartments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Menorah Campus Independent Senior Apartments Inc is a mid-size nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $7.6M |
| Surplus / Deficit | $-1,928,137 |
| Total Assets | $231K |
| Total Liabilities | $17.4M |
| Net Assets | $-17,151,291 |
| Operating Margin | -33.7% |
| Debt-to-Asset Ratio | 7537.6% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2020, Menorah Campus Independent Senior Apartments Inc reported a deficit of $1.9M with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 7537.6% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), Menorah Campus Independent Senior Apartments Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -1.8% | +0.7% | -17.2% |
| 2019 | -4.1% | +0.3% | +30.6% |
| 2018 | -15.8% | -10.1% | -81.8% |
| 2017 | -2.1% | +1.7% | +22.6% |
| 2016 | -8.3% | -1.2% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Menorah Campus Independent Senior Apartments Inc with a Mission Score of 55 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Menorah Campus Independent Senior Apartments Inc 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 7537.6%.
Executive Compensation Analysis
The organization reported 0% officer compensation across all ten years of filings, indicating that no salaries were paid to officers, which is a positive sign for resource allocation directly to mission-related activities.
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 Menorah Campus Independent Senior Apartments Inc's IRS 990 filings:
- Consistent operational deficits for ten consecutive years, with expenses exceeding revenue.
- Significant increase in liabilities from $8.7 million in 2011 to $17.3 million in 2020.
- Substantial decline in assets from over $1 million in earlier years to $230,603 in 2020.
- Negative net assets, indicating liabilities far outweigh assets.
Strengths
The following positive indicators were identified for Menorah Campus Independent Senior Apartments Inc:
- No reported officer compensation, suggesting resources are not used for executive salaries.
- Clear mission focus on housing for the elderly (NTEE P75Z).
- Long operating history with ten years of available filings.
Frequently Asked Questions about Menorah Campus Independent Senior Apartments Inc
Is Menorah Campus Independent Senior Apartments Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Menorah Campus Independent Senior Apartments Inc (EIN: 161376701) some concerns. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
How does Menorah Campus Independent Senior Apartments Inc spend its money?
Menorah Campus Independent Senior Apartments Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Menorah Campus Independent Senior Apartments Inc tax-deductible?
Menorah Campus Independent Senior Apartments Inc is registered as a tax-exempt nonprofit (EIN: 161376701). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Menorah Campus Independent Senior Apartments Inc's spending goes to programs?
Menorah Campus Independent Senior Apartments Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Menorah Campus Independent Senior Apartments Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Menorah Campus Independent Senior Apartments Inc is near average for NTEE category P75Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Menorah Campus Independent Senior Apartments Inc located?
Menorah Campus Independent Senior Apartments Inc is headquartered in Getzville, New York and files with the IRS under EIN 161376701. It is classified under NTEE code P75Z.
How many years of IRS 990 filings does Menorah Campus Independent Senior Apartments Inc have?
Menorah Campus Independent Senior Apartments Inc has 10 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 $5.7M in total revenue.
Is Menorah Campus Independent Senior Apartments Inc. financially sustainable given its consistent deficits?
The organization has consistently reported expenses exceeding revenue for the past decade, with a $1.9 million deficit in 2020. This trend raises serious questions about its long-term financial sustainability without significant changes to its revenue or expense structure.
What is the plan to address the increasing liabilities and declining assets?
Liabilities have grown from $8,774,182 in 2011 to $17,381,894 in 2020, while assets have fallen from $928,224 to $230,603 over the same period. The organization needs a clear strategy to manage this growing debt and dwindling asset base.
How does the organization cover its operational shortfalls?
With consistent deficits, the organization must be covering its operational shortfalls through borrowing, drawing down reserves (which appear limited given asset trends), or other external financial support not immediately apparent from the provided revenue figures.
Filing History
IRS 990 filing history for Menorah Campus Independent Senior Apartments Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Menorah Campus Independent Senior Apartments Inc's revenue has declined by 20.2%, moving from $7.2M to $5.7M. Total assets decreased by 75.2% over the same period, from $928K to $231K. Total functional expenses rose by 6.1%, from $7.2M to $7.6M. In its most recent filing year (2020), Menorah Campus Independent Senior Apartments Inc reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $17.4M in liabilities against $231K in assets (debt-to-asset ratio: 7537.6%), resulting in net assets of $-17,151,291.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $5.7M | $7.6M | $231K | $17.4M | — | — |
| 2019 | $5.8M | $7.6M | $278K | $15.5M | — | View 990 |
| 2018 | $6.1M | $7.6M | $213K | $13.7M | — | View 990 |
| 2017 | $7.2M | $8.4M | $1.2M | $11.8M | — | View 990 |
| 2016 | $7.4M | $8.3M | $955K | $10.4M | — | View 990 |
| 2015 | $8.0M | $8.4M | $893K | $9.4M | — | View 990 |
| 2014 | $8.1M | $8.3M | $850K | $9.0M | — | View 990 |
| 2013 | $7.5M | $7.5M | $1.0M | $8.9M | — | View 990 |
| 2012 | $7.0M | $7.1M | $976K | $8.9M | — | View 990 |
| 2011 | $7.2M | $7.2M | $928K | $8.8M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $5.7M, expenses of $7.6M, and assets of $231K (revenue -1.8% year-over-year).
- 2019: Revenue of $5.8M, expenses of $7.6M, and assets of $278K (revenue -4.1% year-over-year).
- 2018: Revenue of $6.1M, expenses of $7.6M, and assets of $213K (revenue -15.8% year-over-year).
- 2017: Revenue of $7.2M, expenses of $8.4M, and assets of $1.2M (revenue -2.1% year-over-year).
- 2016: Revenue of $7.4M, expenses of $8.3M, and assets of $955K (revenue -8.3% year-over-year).
- 2015: Revenue of $8.0M, expenses of $8.4M, and assets of $893K (revenue -1.2% year-over-year).
- 2014: Revenue of $8.1M, expenses of $8.3M, and assets of $850K (revenue +7.8% year-over-year).
- 2013: Revenue of $7.5M, expenses of $7.5M, and assets of $1.0M (revenue +7.8% year-over-year).
- 2012: Revenue of $7.0M, expenses of $7.1M, and assets of $976K (revenue -2.4% year-over-year).
- 2011: Revenue of $7.2M, expenses of $7.2M, and assets of $928K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Menorah Campus Independent Senior Apartments Inc:
Data Sources and Methodology
This transparency report for Menorah Campus Independent Senior 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.