Ncc Neumann Senior Housing Corporation
Ncc Neumann Senior Housing Corporation consistently operates at a deficit, with liabilities surging to over $12 million.
EIN: 10574830 · Philadelphia, PA · NTEE: L22 · Updated: 2026-03-28
Is Ncc Neumann Senior Housing Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ncc Neumann Senior Housing Corporation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ncc Neumann Senior Housing Corporation
Ncc Neumann Senior Housing Corporation (EIN: 10574830) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code L22. The organization reported total revenue of $1.0M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ncc Neumann Senior Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ncc Neumann Senior Housing Corporation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Ncc Neumann Senior Housing Corporation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is a positive sign for minimizing administrative costs relative to the organization's size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ncc Neumann Senior Housing Corporation's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in every reported period.
- Dramatic increase in liabilities from $1,383,065 in 2018 to $12,066,552 in 2023.
- Declining asset base, from $10,226,831 in 2014 to $8,632,634 in 2023, indicating reliance on existing capital.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
Strengths
The following positive indicators were identified for Ncc Neumann Senior Housing Corporation:
- 0% officer compensation reported across all filings, indicating no executive pay from the organization.
- Long operating history with 13 filings, suggesting established presence.
Frequently Asked Questions about Ncc Neumann Senior Housing Corporation
Is Ncc Neumann Senior Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ncc Neumann Senior Housing Corporation (EIN: 10574830) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Ncc Neumann Senior Housing Corporation spend its money?
Ncc Neumann Senior Housing Corporation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ncc Neumann Senior Housing Corporation tax-deductible?
Ncc Neumann Senior Housing Corporation is registered as a tax-exempt nonprofit (EIN: 10574830). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ncc Neumann Senior Housing Corporation financially sustainable?
Based on the consistent operational deficits and the significant increase in liabilities from $1.38 million in 2018 to over $12 million in 2023, the organization's financial sustainability is highly questionable.
What caused the dramatic increase in liabilities?
The provided data does not specify the exact cause of the liability increase from $1,383,065 in 2018 to $12,066,552 in 2023. Further investigation into the organization's financial statements would be needed to understand this change.
How does the organization cover its operational deficits?
The organization appears to be covering its operational deficits by drawing down its assets, which have decreased from over $10 million in 2014 to $8.6 million in 2023, and potentially through increased liabilities.
What is the breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data does not offer a detailed breakdown of program, administrative, and fundraising expenses, making it difficult to assess spending efficiency in these specific areas.
Filing History
IRS 990 filing history for Ncc Neumann Senior Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ncc Neumann Senior Housing Corporation's revenue has grown by 42%, moving from $677K to $961K. Total assets decreased by 20.5% over the same period, from $10.9M to $8.6M. Total functional expenses rose by 43.8%, from $860K to $1.2M. In its most recent filing year (2023), Ncc Neumann Senior Housing Corporation reported a deficit of $275K, with expenses exceeding revenue. The organization holds $12.1M in liabilities against $8.6M in assets (debt-to-asset ratio: 139.8%), resulting in net assets of $-3,433,918.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $961K | $1.2M | $8.6M | $12.1M | — | — |
| 2022 | $932K | $1.2M | $8.8M | $11.9M | — | View 990 |
| 2021 | $930K | $1.1M | $9.0M | $11.9M | — | View 990 |
| 2020 | $870K | $1.0M | $9.1M | $11.9M | — | View 990 |
| 2019 | $818K | $1.0M | $9.3M | $11.9M | — | View 990 |
| 2018 | $850K | $1.0M | $9.5M | $1.4M | — | View 990 |
| 2017 | $827K | $977K | $9.7M | $1.4M | — | — |
| 2016 | $827K | $1.1M | $9.9M | $1.4M | — | View 990 |
| 2015 | $822K | $1000K | $10.1M | $1.4M | — | View 990 |
| 2014 | $789K | $925K | $10.2M | $1.4M | — | View 990 |
| 2013 | $685K | $963K | $10.4M | $1.4M | — | View 990 |
| 2012 | $666K | $887K | $10.7M | $1.4M | — | View 990 |
| 2011 | $677K | $860K | $10.9M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $961K, expenses of $1.2M, and assets of $8.6M (revenue +3.1% year-over-year).
- 2022: Revenue of $932K, expenses of $1.2M, and assets of $8.8M (revenue +0.3% year-over-year).
- 2021: Revenue of $930K, expenses of $1.1M, and assets of $9.0M (revenue +6.8% year-over-year).
- 2020: Revenue of $870K, expenses of $1.0M, and assets of $9.1M (revenue +6.4% year-over-year).
- 2019: Revenue of $818K, expenses of $1.0M, and assets of $9.3M (revenue -3.8% year-over-year).
- 2018: Revenue of $850K, expenses of $1.0M, and assets of $9.5M (revenue +2.7% year-over-year).
- 2017: Revenue of $827K, expenses of $977K, and assets of $9.7M (revenue +0.0% year-over-year).
- 2016: Revenue of $827K, expenses of $1.1M, and assets of $9.9M (revenue +0.6% year-over-year).
- 2015: Revenue of $822K, expenses of $1000K, and assets of $10.1M (revenue +4.2% year-over-year).
- 2014: Revenue of $789K, expenses of $925K, and assets of $10.2M (revenue +15.1% year-over-year).
- 2013: Revenue of $685K, expenses of $963K, and assets of $10.4M (revenue +2.9% year-over-year).
- 2012: Revenue of $666K, expenses of $887K, and assets of $10.7M (revenue -1.6% year-over-year).
- 2011: Revenue of $677K, expenses of $860K, and assets of $10.9M.
Data Sources and Methodology
This transparency report for Ncc Neumann Senior 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.