Niles Four Flags Elderly Housing Inc
EIN: 382356449 · Niles, MI
| Metric | Value |
|---|---|
| Total Expenses | $736K |
| Net Assets | $-2,598,843 |
Is Niles Four Flags Elderly Housing Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Niles Four Flags Elderly Housing Inc
Niles Four Flags Elderly Housing Inc (EIN: 382356449) is a nonprofit organization based in Niles, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Niles Four Flags Elderly Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Niles Four Flags Elderly Housing Inc is a small nonprofit, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $820K |
| Total Expenses | $736K |
| Surplus / Deficit | +$84K |
| Total Assets | $1.3M |
| Total Liabilities | $3.9M |
| Net Assets | $-2,598,843 |
| Operating Margin | 10.3% |
| Debt-to-Asset Ratio | 302.8% |
| Months of Reserves | 20.9 months |
Financial Health Grade: A
In 2018, Niles Four Flags Elderly Housing Inc reported a surplus of $84K with revenue exceeding expenses, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 302.8% (high leverage).
Financial Trends
Over 7 years of filings (2012–2018), Niles Four Flags Elderly Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +1.4% | +3.3% | +1.4% |
| 2017 | +1.5% | -14.1% | +2.2% |
| 2016 | +0.4% | +0.5% | -5.9% |
| 2015 | +8.4% | +2.0% | -5.5% |
| 2014 | +10.3% | -11.8% | -7.1% |
AI Analysis Pending
AI enrichment for Niles Four Flags Elderly Housing 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 Niles Four Flags Elderly Housing 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $84K, with revenue exceeding expenses.
- Debt-to-asset ratio: 302.8%.
Frequently Asked Questions about Niles Four Flags Elderly Housing Inc
Is Niles Four Flags Elderly Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Niles Four Flags Elderly Housing Inc (EIN: 382356449) insufficient data. 0 red flags identified, 0 strengths noted.
How does Niles Four Flags Elderly Housing Inc spend its money?
Detailed spending breakdown data is not yet available for Niles Four Flags Elderly Housing Inc. Check back for updated IRS 990 analysis.
Are donations to Niles Four Flags Elderly Housing Inc tax-deductible?
Niles Four Flags Elderly Housing Inc is registered as a tax-exempt nonprofit (EIN: 382356449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Niles Four Flags Elderly Housing Inc located?
Niles Four Flags Elderly Housing Inc is headquartered in Niles, Michigan and files with the IRS under EIN 382356449.
How many years of IRS 990 filings does Niles Four Flags Elderly Housing Inc have?
Niles Four Flags Elderly Housing Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Niles Four Flags Elderly Housing Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Niles Four Flags Elderly Housing Inc's revenue has grown by 4.4%, moving from $786K to $820K. Total assets decreased by 28.2% over the same period, from $1.8M to $1.3M. Total functional expenses fell by 18.6%, from $904K to $736K. In its most recent filing year (2018), Niles Four Flags Elderly Housing Inc reported a surplus of $84K, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $1.3M in assets (debt-to-asset ratio: 302.8%), resulting in net assets of $-2,598,843.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $820K | $736K | $1.3M | $3.9M | — | View 990 |
| 2017 | $809K | $712K | $1.3M | $3.9M | — | View 990 |
| 2016 | $797K | $829K | $1.2M | $4.0M | — | View 990 |
| 2015 | $794K | $825K | $1.3M | $4.1M | — | View 990 |
| 2014 | $732K | $808K | $1.4M | $4.1M | — | View 990 |
| 2013 | $664K | $916K | $1.5M | $4.1M | — | View 990 |
| 2012 | $786K | $904K | $1.8M | $4.2M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $820K, expenses of $736K, and assets of $1.3M (revenue +1.4% year-over-year).
- 2017: Revenue of $809K, expenses of $712K, and assets of $1.3M (revenue +1.5% year-over-year).
- 2016: Revenue of $797K, expenses of $829K, and assets of $1.2M (revenue +0.4% year-over-year).
- 2015: Revenue of $794K, expenses of $825K, and assets of $1.3M (revenue +8.4% year-over-year).
- 2014: Revenue of $732K, expenses of $808K, and assets of $1.4M (revenue +10.3% year-over-year).
- 2013: Revenue of $664K, expenses of $916K, and assets of $1.5M (revenue -15.5% year-over-year).
- 2012: Revenue of $786K, expenses of $904K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Niles Four Flags Elderly Housing Inc:
Data Sources and Methodology
This transparency report for Niles Four Flags Elderly Housing 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.