Miami Beach Marian Towers Inc
EIN: 237115014 · Laud Lakes, FL · NTEE: L210
| Metric | Value |
|---|---|
| Total Revenue | $571K |
| Total Expenses | $12K |
| Net Assets | $19.3M |
Is Miami Beach Marian Towers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Miami Beach Marian Towers Inc
Miami Beach Marian Towers Inc (EIN: 237115014) is a nonprofit organization based in Laud Lakes, FL, classified under NTEE code L210. The organization reported total revenue of $571K and total assets of $19.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miami Beach Marian Towers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miami Beach Marian Towers Inc is a small nonprofit that has been operating for 55 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $568K |
| Total Expenses | $12K |
| Surplus / Deficit | +$556K |
| Total Assets | $19.3M |
| Total Liabilities | $11K |
| Net Assets | $19.3M |
| Operating Margin | 97.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 19015.6 months |
Financial Health Grade: A
In 2023, Miami Beach Marian Towers Inc reported a surplus of $556K with revenue exceeding expenses, holds 19015.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Miami Beach Marian Towers Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.4% | +15.5% | -19.6% |
| 2022 | -1.5% | +6.1% | +2.5% |
| 2021 | -4.6% | +4.5% | -9.3% |
| 2020 | -97.1% | -98.5% | +2.5% |
| 2019 | +636.4% | -63.7% | +494.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Miami Beach Marian Towers 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 Miami Beach Marian Towers 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $556K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Miami Beach Marian Towers Inc
Is Miami Beach Marian Towers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Miami Beach Marian Towers Inc (EIN: 237115014) insufficient data. 0 red flags identified, 0 strengths noted.
How does Miami Beach Marian Towers Inc spend its money?
Detailed spending breakdown data is not yet available for Miami Beach Marian Towers Inc. Check back for updated IRS 990 analysis.
Are donations to Miami Beach Marian Towers Inc tax-deductible?
Miami Beach Marian Towers Inc is registered as a tax-exempt nonprofit (EIN: 237115014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Miami Beach Marian Towers Inc located?
Miami Beach Marian Towers Inc is headquartered in Laud Lakes, Florida and files with the IRS under EIN 237115014. It is classified under NTEE code L210.
How many years of IRS 990 filings does Miami Beach Marian Towers Inc have?
Miami Beach Marian Towers Inc has 12 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 $571K in total revenue.
Filing History
IRS 990 filing history for Miami Beach Marian Towers Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Miami Beach Marian Towers Inc's revenue has declined by 71%, moving from $2.0M to $568K. Total assets increased by 1229.4% over the same period, from $1.5M to $19.3M. Total functional expenses fell by 99.2%, from $1.5M to $12K. In its most recent filing year (2023), Miami Beach Marian Towers Inc reported a surplus of $556K, with revenue exceeding expenses. The organization holds $11K in liabilities against $19.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $19.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $568K | $12K | $19.3M | $11K | — | View 990 |
| 2022 | $600K | $11K | $24.0M | $10K | — | View 990 |
| 2021 | $610K | $10K | $23.4M | $10K | — | View 990 |
| 2020 | $639K | $10K | $25.8M | $9K | — | View 990 |
| 2019 | $21.7M | $618K | $25.2M | $11K | — | View 990 |
| 2018 | $2.9M | $1.7M | $4.2M | $133K | — | View 990 |
| 2017 | $2.0M | $1.7M | $3.3M | $475K | — | View 990 |
| 2016 | $1.9M | $1.6M | $2.7M | $165K | — | View 990 |
| 2015 | $1.9M | $1.5M | $2.5M | $197K | — | View 990 |
| 2014 | $1.8M | $1.5M | $2.2M | $262K | — | View 990 |
| 2013 | $1.8M | $1.5M | $1.9M | $334K | — | View 990 |
| 2012 | $2.0M | $1.5M | $1.5M | $186K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $568K, expenses of $12K, and assets of $19.3M (revenue -5.4% year-over-year).
- 2022: Revenue of $600K, expenses of $11K, and assets of $24.0M (revenue -1.5% year-over-year).
- 2021: Revenue of $610K, expenses of $10K, and assets of $23.4M (revenue -4.6% year-over-year).
- 2020: Revenue of $639K, expenses of $10K, and assets of $25.8M (revenue -97.1% year-over-year).
- 2019: Revenue of $21.7M, expenses of $618K, and assets of $25.2M (revenue +636.4% year-over-year).
- 2018: Revenue of $2.9M, expenses of $1.7M, and assets of $4.2M (revenue +45.5% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.7M, and assets of $3.3M (revenue +4.9% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.6M, and assets of $2.7M (revenue +2.1% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.5M, and assets of $2.5M (revenue +2.4% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.5M, and assets of $2.2M (revenue +3.2% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.5M, and assets of $1.9M (revenue -8.7% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.5M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miami Beach Marian Towers Inc:
Data Sources and Methodology
This transparency report for Miami Beach Marian Towers 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.