Meriwether Lewis Apartments Inc
EIN: 581592876 · Nashville, TN
| Metric | Value |
|---|---|
| Total Revenue | $109K |
| Total Expenses | $127K |
| Net Assets | $67K |
Is Meriwether Lewis 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 Meriwether Lewis Apartments Inc
Meriwether Lewis Apartments Inc (EIN: 581592876) is a nonprofit organization based in Nashville, TN. The organization reported total revenue of $109K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meriwether Lewis Apartments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meriwether Lewis Apartments Inc is a small nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $127K |
| Surplus / Deficit | $-7,757 |
| Total Assets | $133K |
| Total Liabilities | $66K |
| Net Assets | $67K |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 50.0% |
| Months of Reserves | 12.6 months |
Financial Health Grade: C
In 2024, Meriwether Lewis Apartments Inc reported a deficit of $8K with expenses exceeding revenue, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 50.0% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Meriwether Lewis Apartments Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.6% | +21.0% | -12.5% |
| 2023 | +5.8% | +11.4% | -9.9% |
| 2022 | -9.0% | -1.1% | -1.1% |
| 2021 | +2.8% | +2.9% | +1.1% |
| 2020 | +15.3% | +8.9% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Meriwether Lewis 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 Meriwether Lewis 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.0%.
Frequently Asked Questions about Meriwether Lewis Apartments Inc
Is Meriwether Lewis Apartments Inc a legitimate charity?
Meriwether Lewis Apartments Inc (EIN: 581592876) is a registered tax-exempt nonprofit based in Tennessee. It has 14 years of IRS 990 filings on record. Total revenue: $109K. No red flags identified. Financial health grade: B.
How does Meriwether Lewis Apartments Inc spend its money?
Meriwether Lewis Apartments Inc reported $109K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Meriwether Lewis Apartments Inc tax-deductible?
Meriwether Lewis Apartments Inc is registered as a tax-exempt nonprofit (EIN: 581592876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Meriwether Lewis Apartments Inc located?
Meriwether Lewis Apartments Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 581592876.
How many years of IRS 990 filings does Meriwether Lewis Apartments Inc have?
Meriwether Lewis Apartments Inc has 14 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 $109K in total revenue.
Filing History
IRS 990 filing history for Meriwether Lewis Apartments Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Meriwether Lewis Apartments Inc's revenue has grown by 66.1%, moving from $72K to $119K. Total assets decreased by 41.4% over the same period, from $227K to $133K. Total functional expenses rose by 58.3%, from $80K to $127K. In its most recent filing year (2024), Meriwether Lewis Apartments Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $66K in liabilities against $133K in assets (debt-to-asset ratio: 50.0%), resulting in net assets of $67K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $119K | $127K | $133K | $66K | — | — |
| 2023 | $115K | $105K | $152K | $78K | — | View 990 |
| 2022 | $109K | $94K | $169K | $105K | — | View 990 |
| 2021 | $120K | $95K | $171K | $121K | — | — |
| 2020 | $116K | $93K | $169K | $144K | — | View 990 |
| 2019 | $101K | $85K | $172K | $170K | — | View 990 |
| 2018 | $91K | $111K | $180K | $194K | — | View 990 |
| 2017 | $109K | $79K | $218K | $213K | — | View 990 |
| 2016 | $105K | $87K | $209K | $235K | — | View 990 |
| 2015 | $101K | $87K | $215K | $258K | — | View 990 |
| 2014 | $91K | $92K | $225K | $283K | — | View 990 |
| 2013 | $100K | $93K | $222K | $279K | — | View 990 |
| 2012 | $96K | $90K | $225K | $290K | — | View 990 |
| 2011 | $72K | $80K | $227K | $297K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $119K, expenses of $127K, and assets of $133K (revenue +3.6% year-over-year).
- 2023: Revenue of $115K, expenses of $105K, and assets of $152K (revenue +5.8% year-over-year).
- 2022: Revenue of $109K, expenses of $94K, and assets of $169K (revenue -9.0% year-over-year).
- 2021: Revenue of $120K, expenses of $95K, and assets of $171K (revenue +2.8% year-over-year).
- 2020: Revenue of $116K, expenses of $93K, and assets of $169K (revenue +15.3% year-over-year).
- 2019: Revenue of $101K, expenses of $85K, and assets of $172K (revenue +10.5% year-over-year).
- 2018: Revenue of $91K, expenses of $111K, and assets of $180K (revenue -16.4% year-over-year).
- 2017: Revenue of $109K, expenses of $79K, and assets of $218K (revenue +4.4% year-over-year).
- 2016: Revenue of $105K, expenses of $87K, and assets of $209K (revenue +3.5% year-over-year).
- 2015: Revenue of $101K, expenses of $87K, and assets of $215K (revenue +10.8% year-over-year).
- 2014: Revenue of $91K, expenses of $92K, and assets of $225K (revenue -9.1% year-over-year).
- 2013: Revenue of $100K, expenses of $93K, and assets of $222K (revenue +5.0% year-over-year).
- 2012: Revenue of $96K, expenses of $90K, and assets of $225K (revenue +33.1% year-over-year).
- 2011: Revenue of $72K, expenses of $80K, and assets of $227K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meriwether Lewis Apartments Inc:
Data Sources and Methodology
This transparency report for Meriwether Lewis 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.