Mount Zion Garden Apartments Inc
EIN: 581108872 · Albany, GA
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.4M |
| Net Assets | $-1,676,276 |
Is Mount Zion Garden 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 Mount Zion Garden Apartments Inc
Mount Zion Garden Apartments Inc (EIN: 581108872) is a nonprofit organization based in Albany, GA. The organization reported total revenue of $1.2M and total assets of $905K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Zion Garden Apartments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Zion Garden Apartments Inc is a mid-size nonprofit that has been operating for 54 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-306,824 |
| Total Assets | $1.4M |
| Total Liabilities | $3.1M |
| Net Assets | $-1,676,276 |
| Operating Margin | -27.8% |
| Debt-to-Asset Ratio | 218.1% |
| Months of Reserves | 12.1 months |
Financial Health Grade: C
In 2022, Mount Zion Garden Apartments Inc reported a deficit of $307K with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 218.1% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Mount Zion Garden Apartments Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -0.6% | +14.0% | -18.9% |
| 2021 | +3.4% | +2.2% | -6.1% |
| 2020 | +2.8% | +3.9% | -8.0% |
| 2019 | +0.2% | +7.8% | -8.1% |
| 2018 | +0.9% | -6.1% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mount Zion Garden 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 Mount Zion Garden 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $307K, with expenses exceeding revenue.
- Debt-to-asset ratio: 218.1%.
Frequently Asked Questions about Mount Zion Garden Apartments Inc
Is Mount Zion Garden Apartments Inc a legitimate charity?
Mount Zion Garden Apartments Inc (EIN: 581108872) is a registered tax-exempt nonprofit based in Georgia. It has 12 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: C.
How does Mount Zion Garden Apartments Inc spend its money?
Mount Zion Garden Apartments Inc reported $1.2M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mount Zion Garden Apartments Inc tax-deductible?
Mount Zion Garden Apartments Inc is registered as a tax-exempt nonprofit (EIN: 581108872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mount Zion Garden Apartments Inc located?
Mount Zion Garden Apartments Inc is headquartered in Albany, Georgia and files with the IRS under EIN 581108872.
How many years of IRS 990 filings does Mount Zion Garden Apartments Inc have?
Mount Zion Garden Apartments 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Mount Zion Garden Apartments Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Mount Zion Garden Apartments Inc's revenue has grown by 19.8%, moving from $923K to $1.1M. Total assets decreased by 62.6% over the same period, from $3.8M to $1.4M. Total functional expenses rose by 81.3%, from $779K to $1.4M. In its most recent filing year (2022), Mount Zion Garden Apartments Inc reported a deficit of $307K, with expenses exceeding revenue. The organization holds $3.1M in liabilities against $1.4M in assets (debt-to-asset ratio: 218.1%), resulting in net assets of $-1,676,276.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.1M | $1.4M | $1.4M | $3.1M | — | View 990 |
| 2021 | $1.1M | $1.2M | $1.8M | $3.1M | — | View 990 |
| 2020 | $1.1M | $1.2M | $1.9M | $3.1M | — | — |
| 2019 | $1.0M | $1.2M | $2.0M | $3.1M | — | — |
| 2018 | $1.0M | $1.1M | $2.2M | $3.2M | — | View 990 |
| 2017 | $1.0M | $1.2M | $2.3M | $3.2M | — | View 990 |
| 2016 | $1.0M | $1.2M | $2.5M | $3.4M | — | View 990 |
| 2015 | $990K | $1.3M | $2.7M | $3.4M | — | View 990 |
| 2014 | $969K | $1.2M | $3.0M | $3.4M | — | View 990 |
| 2013 | $947K | $1.2M | $3.3M | $3.4M | — | View 990 |
| 2012 | $935K | $1.0M | $3.8M | $3.6M | — | View 990 |
| 2011 | $923K | $779K | $3.8M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.1M, expenses of $1.4M, and assets of $1.4M (revenue -0.6% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.2M, and assets of $1.8M (revenue +3.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $1.9M (revenue +2.8% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.2M, and assets of $2.0M (revenue +0.2% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.1M, and assets of $2.2M (revenue +0.9% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.2M, and assets of $2.3M (revenue +2.1% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.2M, and assets of $2.5M (revenue +2.4% year-over-year).
- 2015: Revenue of $990K, expenses of $1.3M, and assets of $2.7M (revenue +2.2% year-over-year).
- 2014: Revenue of $969K, expenses of $1.2M, and assets of $3.0M (revenue +2.3% year-over-year).
- 2013: Revenue of $947K, expenses of $1.2M, and assets of $3.3M (revenue +1.2% year-over-year).
- 2012: Revenue of $935K, expenses of $1.0M, and assets of $3.8M (revenue +1.4% year-over-year).
- 2011: Revenue of $923K, expenses of $779K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Zion Garden Apartments Inc:
Data Sources and Methodology
This transparency report for Mount Zion Garden 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.