Moravian Care Housing Corporation
EIN: 411838632 · Waconia, MN · NTEE: E91
| Metric | Value |
|---|---|
| Total Revenue | $10.5M |
| Total Expenses | $9.2M |
| Net Assets | $-1,994,274 |
Is Moravian Care Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Moravian Care Housing Corporation
Moravian Care Housing Corporation (EIN: 411838632) is a nonprofit organization based in Waconia, MN, classified under NTEE code E91. The organization reported total revenue of $10.5M and total assets of $13.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moravian Care Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Moravian Care Housing Corporation is a large nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.4M |
| Total Expenses | $9.2M |
| Surplus / Deficit | +$208K |
| Total Assets | $13.3M |
| Total Liabilities | $15.3M |
| Net Assets | $-1,994,274 |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 115.0% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2023, Moravian Care Housing Corporation reported a surplus of $208K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 115.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Moravian Care Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | +4.4% | +0.5% |
| 2022 | -1.3% | +1.3% | -23.5% |
| 2021 | +5.9% | +4.9% | -9.6% |
| 2020 | -0.8% | +6.6% | +30.0% |
| 2019 | +4.0% | +0.8% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Moravian Care Housing Corporation 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 Moravian Care Housing Corporation 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 $208K, with revenue exceeding expenses.
- Debt-to-asset ratio: 115.0%.
Frequently Asked Questions about Moravian Care Housing Corporation
Is Moravian Care Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Moravian Care Housing Corporation (EIN: 411838632) insufficient data. 0 red flags identified, 0 strengths noted.
How does Moravian Care Housing Corporation spend its money?
Detailed spending breakdown data is not yet available for Moravian Care Housing Corporation. Check back for updated IRS 990 analysis.
Are donations to Moravian Care Housing Corporation tax-deductible?
Moravian Care Housing Corporation is registered as a tax-exempt nonprofit (EIN: 411838632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Moravian Care Housing Corporation located?
Moravian Care Housing Corporation is headquartered in Waconia, Minnesota and files with the IRS under EIN 411838632. It is classified under NTEE code E91.
How many years of IRS 990 filings does Moravian Care Housing Corporation have?
Moravian Care Housing Corporation 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 $10.5M in total revenue.
Filing History
IRS 990 filing history for Moravian Care Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Moravian Care Housing Corporation's revenue has grown by 158.9%, moving from $3.6M to $9.4M. Total assets decreased by 27.9% over the same period, from $18.5M to $13.3M. Total functional expenses rose by 157%, from $3.6M to $9.2M. In its most recent filing year (2023), Moravian Care Housing Corporation reported a surplus of $208K, with revenue exceeding expenses. The organization holds $15.3M in liabilities against $13.3M in assets (debt-to-asset ratio: 115.0%), resulting in net assets of $-1,994,274.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.4M | $9.2M | $13.3M | $15.3M | — | — |
| 2022 | $8.4M | $8.8M | $13.2M | $15.4M | — | View 990 |
| 2021 | $8.6M | $8.7M | $17.3M | $19.1M | — | View 990 |
| 2020 | $8.1M | $8.3M | $19.1M | $20.8M | — | View 990 |
| 2019 | $8.1M | $7.8M | $14.7M | $16.1M | — | View 990 |
| 2018 | $7.8M | $7.7M | $15.2M | $16.9M | — | View 990 |
| 2017 | $7.8M | $7.4M | $15.8M | $17.6M | — | View 990 |
| 2016 | $7.1M | $7.4M | $16.2M | $18.4M | — | View 990 |
| 2015 | $7.0M | $7.0M | $17.6M | $19.6M | — | View 990 |
| 2014 | $6.9M | $6.7M | $18.1M | $20.0M | — | View 990 |
| 2013 | $5.1M | $6.1M | $18.3M | $20.5M | — | View 990 |
| 2012 | $3.7M | $3.9M | $18.8M | $20.0M | — | View 990 |
| 2011 | $3.6M | $3.6M | $18.5M | $19.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.4M, expenses of $9.2M, and assets of $13.3M (revenue +11.8% year-over-year).
- 2022: Revenue of $8.4M, expenses of $8.8M, and assets of $13.2M (revenue -1.3% year-over-year).
- 2021: Revenue of $8.6M, expenses of $8.7M, and assets of $17.3M (revenue +5.9% year-over-year).
- 2020: Revenue of $8.1M, expenses of $8.3M, and assets of $19.1M (revenue -0.8% year-over-year).
- 2019: Revenue of $8.1M, expenses of $7.8M, and assets of $14.7M (revenue +4.0% year-over-year).
- 2018: Revenue of $7.8M, expenses of $7.7M, and assets of $15.2M (revenue +0.4% year-over-year).
- 2017: Revenue of $7.8M, expenses of $7.4M, and assets of $15.8M (revenue +9.5% year-over-year).
- 2016: Revenue of $7.1M, expenses of $7.4M, and assets of $16.2M (revenue +2.4% year-over-year).
- 2015: Revenue of $7.0M, expenses of $7.0M, and assets of $17.6M (revenue +0.2% year-over-year).
- 2014: Revenue of $6.9M, expenses of $6.7M, and assets of $18.1M (revenue +35.7% year-over-year).
- 2013: Revenue of $5.1M, expenses of $6.1M, and assets of $18.3M (revenue +39.3% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.9M, and assets of $18.8M (revenue +0.7% year-over-year).
- 2011: Revenue of $3.6M, expenses of $3.6M, and assets of $18.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Moravian Care Housing Corporation:
Data Sources and Methodology
This transparency report for Moravian Care 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.