Norristown Hospitality Center
Norristown Hospitality Center: Consistent Community Support with Financial Fluctuations
EIN: 222505101 · Norristown, PA · NTEE: X02 · Updated: 2026-04-04
About Norristown Hospitality Center
Norristown Hospitality Center (EIN: 222505101) is a nonprofit organization based in Norristown, PA, classified under NTEE code X02. The organization reported total revenue of $604K and total assets of $581K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norristown Hospitality Center'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 Norristown Hospitality Center with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Norristown Hospitality Center allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on salaries paid to key employees.
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 Norristown Hospitality Center's IRS 990 filings:
- Total expenses ($621,271 in 2023) exceeded total revenue ($607,725 in 2023), leading to a deficit.
- The organization's liabilities have shown an increasing trend, from $8,681 in 2017 to $18,205 in 2023.
Strengths
The following positive indicators were identified for Norristown Hospitality Center:
- Consistently provides services for over a decade, demonstrating long-term commitment to its mission.
- Maintains a healthy asset base, with assets ($679,756 in 2023) significantly exceeding liabilities ($18,205 in 2023).
- Demonstrates resilience, with revenue recovering to $607,725 in 2023 after a dip in 2021.
Frequently Asked Questions about Norristown Hospitality Center
What does Norristown Hospitality Center do?
Norristown Hospitality Center is a nonprofit organization in the Religion-Related sector, located in Norristown, Pennsylvania. It is classified under NTEE code X02.
How much revenue does Norristown Hospitality Center have?
Norristown Hospitality Center reported total revenue of $604,024. Based on 12 IRS 990 filings on record.
What are Norristown Hospitality Center's total assets?
Norristown Hospitality Center holds total assets of $581,097 as reported in IRS 990 filings.
Where is Norristown Hospitality Center located?
Norristown Hospitality Center is based in Norristown, Pennsylvania.
What is Norristown Hospitality Center's EIN?
Norristown Hospitality Center's Employer Identification Number (EIN) is 222505101. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Norristown Hospitality Center?
Norristown Hospitality Center is classified under NTEE code X02 (Religion-Related).
Is Norristown Hospitality Center a registered 501(c)(3)?
Yes, Norristown Hospitality Center is recognized as a tax-exempt organization by the IRS. EIN: 222505101.
Does Norristown Hospitality Center file IRS Form 990?
Yes, Norristown Hospitality Center has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Norristown Hospitality Center's revenue in 2023?
In the 202306 filing period, Norristown Hospitality Center reported total revenue of $607,725, total expenses of $621,271, and net assets of $679,756.
Is Norristown Hospitality Center's revenue growing or declining?
Norristown Hospitality Center's revenue is declining. Revenue went from $670,906 (202206) to $607,725 (202306), a -9.4% change. Based on 12 filings on record.
What is Norristown Hospitality Center's most recent 990 filing?
The most recent IRS Form 990 filing for Norristown Hospitality Center covers tax period 202306. It shows revenue of $607,725, expenses of $621,271, total assets of $679,756, and liabilities of $18,205.
How much does Norristown Hospitality Center spend on programs vs administration?
Based on IRS 990 analysis, Norristown Hospitality Center allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Norristown Hospitality Center a trustworthy charity?
Based on AI analysis of IRS 990 data, Norristown Hospitality Center appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Norristown Hospitality Center?
The following concerns were identified: Total expenses ($621,271 in 2023) exceeded total revenue ($607,725 in 2023), leading to a deficit.. The organization's liabilities have shown an increasing trend, from $8,681 in 2017 to $18,205 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Norristown Hospitality Center's strengths?
Positive indicators for Norristown Hospitality Center include: Consistently provides services for over a decade, demonstrating long-term commitment to its mission.. Maintains a healthy asset base, with assets ($679,756 in 2023) significantly exceeding liabilities ($18,205 in 2023).. Demonstrates resilience, with revenue recovering to $607,725 in 2023 after a dip in 2021.. These findings are derived from AI analysis of the organization's financial filings.
How does Norristown Hospitality Center compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on salaries paid to key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization plan to address the recurring trend of expenses exceeding revenue, as seen in 2023 ($621,271 expenses vs. $607,725 revenue)?
Without further financial statements, it's unclear if this is a strategic deficit spending or a challenge in revenue generation. Potential strategies could include diversifying funding sources or optimizing operational costs.
What specific programs or services are supported by the majority of the organization's spending, given the high program percentage?
The provided data indicates a strong focus on programs, but specific details on the nature and impact of these programs (e.g., types of hospitality services, number of beneficiaries) are not available in this dataset.
Filing History
IRS 990 filing history for Norristown Hospitality Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Norristown Hospitality Center's revenue has grown by 142.7%, moving from $250K to $608K. Total assets increased by 398.3% over the same period, from $136K to $680K. Total functional expenses rose by 121.1%, from $281K to $621K. In its most recent filing year (2023), Norristown Hospitality Center reported a deficit of $14K, with expenses exceeding revenue. The organization holds $18K in liabilities against $680K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $662K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $608K | $621K | $680K | $18K | — | View 990 |
| 2022 | $671K | $454K | $690K | $14K | — | View 990 |
| 2021 | $487K | $406K | $469K | $9K | — | View 990 |
| 2020 | $565K | $381K | $386K | $13K | — | View 990 |
| 2019 | $348K | $365K | $200K | $36K | — | View 990 |
| 2018 | $312K | $305K | $212K | $30K | — | View 990 |
| 2017 | $342K | $330K | $184K | $9K | — | View 990 |
| 2016 | $241K | $268K | $178K | $14K | — | View 990 |
| 2015 | $354K | $299K | $193K | $2K | — | View 990 |
| 2014 | $354K | $322K | $142K | $7K | — | View 990 |
| 2013 | $254K | $277K | $112K | $8K | — | View 990 |
| 2012 | $250K | $281K | $136K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $608K, expenses of $621K, and assets of $680K (revenue -9.4% year-over-year).
- 2022: Revenue of $671K, expenses of $454K, and assets of $690K (revenue +37.7% year-over-year).
- 2021: Revenue of $487K, expenses of $406K, and assets of $469K (revenue -13.8% year-over-year).
- 2020: Revenue of $565K, expenses of $381K, and assets of $386K (revenue +62.6% year-over-year).
- 2019: Revenue of $348K, expenses of $365K, and assets of $200K (revenue +11.6% year-over-year).
- 2018: Revenue of $312K, expenses of $305K, and assets of $212K (revenue -9.0% year-over-year).
- 2017: Revenue of $342K, expenses of $330K, and assets of $184K (revenue +42.1% year-over-year).
- 2016: Revenue of $241K, expenses of $268K, and assets of $178K (revenue -32.1% year-over-year).
- 2015: Revenue of $354K, expenses of $299K, and assets of $193K (revenue +-0.0% year-over-year).
- 2014: Revenue of $354K, expenses of $322K, and assets of $142K (revenue +39.8% year-over-year).
- 2013: Revenue of $254K, expenses of $277K, and assets of $112K (revenue +1.3% year-over-year).
- 2012: Revenue of $250K, expenses of $281K, and assets of $136K.
Data Sources and Methodology
This transparency report for Norristown Hospitality Center 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.