Monroe County Apartments 4 Assn
EIN: 371387586 · Waterloo, IL · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $662K |
| Total Expenses | $759K |
| Net Assets | $2.4M |
Is Monroe County Apartments 4 Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monroe County Apartments 4 Assn
Monroe County Apartments 4 Assn (EIN: 371387586) is a nonprofit organization based in Waterloo, IL, classified under NTEE code L20. The organization reported total revenue of $662K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monroe County Apartments 4 Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monroe County Apartments 4 Assn is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $605K |
| Total Expenses | $759K |
| Surplus / Deficit | $-154,034 |
| Total Assets | $2.8M |
| Total Liabilities | $435K |
| Net Assets | $2.4M |
| Operating Margin | -25.5% |
| Debt-to-Asset Ratio | 15.6% |
| Months of Reserves | 44.2 months |
Financial Health Grade: B
In 2024, Monroe County Apartments 4 Assn reported a deficit of $154K with expenses exceeding revenue, holds 44.2 months of operating reserves (strong position), has a debt-to-asset ratio of 15.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Monroe County Apartments 4 Assn's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.7% | +10.3% | -2.6% |
| 2023 | +2.8% | +7.5% | -3.3% |
| 2022 | +0.4% | +8.5% | -3.1% |
| 2021 | +6.5% | +5.9% | -9.9% |
| 2020 | -22.4% | -1.9% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monroe County Apartments 4 Assn 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 Monroe County Apartments 4 Assn 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 $154K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.6%.
Frequently Asked Questions about Monroe County Apartments 4 Assn
Is Monroe County Apartments 4 Assn a legitimate charity?
Based on AI analysis of IRS 990 filings, Monroe County Apartments 4 Assn (EIN: 371387586) insufficient data. 0 red flags identified, 0 strengths noted.
How does Monroe County Apartments 4 Assn spend its money?
Detailed spending breakdown data is not yet available for Monroe County Apartments 4 Assn. Check back for updated IRS 990 analysis.
Are donations to Monroe County Apartments 4 Assn tax-deductible?
Monroe County Apartments 4 Assn is registered as a tax-exempt nonprofit (EIN: 371387586). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monroe County Apartments 4 Assn located?
Monroe County Apartments 4 Assn is headquartered in Waterloo, Illinois and files with the IRS under EIN 371387586. It is classified under NTEE code L20.
How many years of IRS 990 filings does Monroe County Apartments 4 Assn have?
Monroe County Apartments 4 Assn has 13 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 $662K in total revenue.
Filing History
IRS 990 filing history for Monroe County Apartments 4 Assn showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Monroe County Apartments 4 Assn's revenue has grown by 57%, moving from $385K to $605K. Total assets decreased by 3.2% over the same period, from $2.9M to $2.8M. Total functional expenses rose by 126.9%, from $334K to $759K. In its most recent filing year (2024), Monroe County Apartments 4 Assn reported a deficit of $154K, with expenses exceeding revenue. The organization holds $435K in liabilities against $2.8M in assets (debt-to-asset ratio: 15.6%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $605K | $759K | $2.8M | $435K | — | — |
| 2023 | $615K | $688K | $2.9M | $382K | — | View 990 |
| 2022 | $598K | $639K | $3.0M | $420K | — | View 990 |
| 2021 | $596K | $589K | $3.1M | $385K | — | — |
| 2020 | $560K | $557K | $3.4M | $781K | — | View 990 |
| 2019 | $721K | $567K | $3.4M | $840K | — | View 990 |
| 2018 | $520K | $603K | $3.3M | $843K | — | — |
| 2017 | $517K | $525K | $3.5M | $889K | — | View 990 |
| 2016 | $522K | $505K | $3.5M | $892K | — | View 990 |
| 2015 | $540K | $553K | $3.5M | $941K | — | View 990 |
| 2014 | $569K | $457K | $3.5M | $920K | — | View 990 |
| 2013 | $615K | $376K | $3.0M | $528K | — | View 990 |
| 2012 | $385K | $334K | $2.9M | $612K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $605K, expenses of $759K, and assets of $2.8M (revenue -1.7% year-over-year).
- 2023: Revenue of $615K, expenses of $688K, and assets of $2.9M (revenue +2.8% year-over-year).
- 2022: Revenue of $598K, expenses of $639K, and assets of $3.0M (revenue +0.4% year-over-year).
- 2021: Revenue of $596K, expenses of $589K, and assets of $3.1M (revenue +6.5% year-over-year).
- 2020: Revenue of $560K, expenses of $557K, and assets of $3.4M (revenue -22.4% year-over-year).
- 2019: Revenue of $721K, expenses of $567K, and assets of $3.4M (revenue +38.7% year-over-year).
- 2018: Revenue of $520K, expenses of $603K, and assets of $3.3M (revenue +0.5% year-over-year).
- 2017: Revenue of $517K, expenses of $525K, and assets of $3.5M (revenue -0.9% year-over-year).
- 2016: Revenue of $522K, expenses of $505K, and assets of $3.5M (revenue -3.2% year-over-year).
- 2015: Revenue of $540K, expenses of $553K, and assets of $3.5M (revenue -5.2% year-over-year).
- 2014: Revenue of $569K, expenses of $457K, and assets of $3.5M (revenue -7.4% year-over-year).
- 2013: Revenue of $615K, expenses of $376K, and assets of $3.0M (revenue +59.7% year-over-year).
- 2012: Revenue of $385K, expenses of $334K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monroe County Apartments 4 Assn:
Data Sources and Methodology
This transparency report for Monroe County Apartments 4 Assn 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.