Orchard View Elderly Housing Inc
Orchard View Elderly Housing: Stable Operations, Declining Assets
EIN: 222621294 · Holyoke, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $557K |
| Total Expenses | $548K |
| Program Spending | 85% |
| Net Assets | $-864,235 |
| Transparency Score | 75/100 |
Is Orchard View Elderly Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Orchard View Elderly Housing Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Orchard View Elderly Housing Inc
Orchard View Elderly Housing Inc (EIN: 222621294) is a nonprofit organization based in Holyoke, MA. The organization reported total revenue of $557K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Orchard View Elderly Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Orchard View Elderly Housing Inc is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $535K |
| Total Expenses | $548K |
| Surplus / Deficit | $-13,415 |
| Total Assets | $1.6M |
| Total Liabilities | $2.5M |
| Net Assets | $-864,235 |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 152.9% |
| Months of Reserves | 35.8 months |
Financial Health Grade: C
In 2023, Orchard View Elderly Housing Inc reported a deficit of $13K with expenses exceeding revenue, holds 35.8 months of operating reserves (strong position), has a debt-to-asset ratio of 152.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Orchard View Elderly Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | +8.5% | -4.1% |
| 2022 | +2.4% | -3.9% | -1.4% |
| 2021 | +1.1% | +4.6% | -2.4% |
| 2020 | +1.5% | +3.7% | -2.4% |
| 2019 | +1.4% | -7.8% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Orchard View Elderly Housing Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Orchard View Elderly Housing Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 152.9%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the Form 990-EZ reporting threshold, which is a positive indicator for a smaller nonprofit.
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 Orchard View Elderly Housing Inc's IRS 990 filings:
- Total assets have shown a consistent decline over the past several years, from $2,246,505 in 2016 to $1,582,148 in 2023.
- The organization's net assets (assets minus liabilities) are negative and have been consistently declining, indicating a potential long-term financial vulnerability.
Strengths
The following positive indicators were identified for Orchard View Elderly Housing Inc:
- Consistent revenue generation, with revenues around $500,000 annually, demonstrates a stable operational income.
- Expenses are generally in line with or slightly below revenue, indicating responsible spending.
- The organization has maintained a consistent presence and service to the elderly community in Holyoke, MA.
Frequently Asked Questions about Orchard View Elderly Housing Inc
Is Orchard View Elderly Housing Inc a legitimate charity?
Orchard View Elderly Housing Inc (EIN: 222621294) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $557K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Orchard View Elderly Housing Inc spend its money?
Orchard View Elderly Housing Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Orchard View Elderly Housing Inc tax-deductible?
Orchard View Elderly Housing Inc is registered as a tax-exempt nonprofit (EIN: 222621294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Orchard View Elderly Housing Inc's spending goes to programs?
Orchard View Elderly Housing Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Orchard View Elderly Housing Inc located?
Orchard View Elderly Housing Inc is headquartered in Holyoke, Massachusetts and files with the IRS under EIN 222621294.
How many years of IRS 990 filings does Orchard View Elderly Housing Inc have?
Orchard View Elderly Housing Inc 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 $557K in total revenue.
What does Orchard View Elderly Housing Inc do?
Orchard View Elderly Housing Inc is a nonprofit organization in the Unknown sector, located in Holyoke, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Orchard View Elderly Housing Inc have?
Orchard View Elderly Housing Inc reported total revenue of $556,516. Based on 13 IRS 990 filings on record.
What are Orchard View Elderly Housing Inc's total assets?
Orchard View Elderly Housing Inc holds total assets of $1,582,148 as reported in IRS 990 filings.
Where is Orchard View Elderly Housing Inc located?
Orchard View Elderly Housing Inc is based in Holyoke, Massachusetts.
What is Orchard View Elderly Housing Inc's EIN?
Orchard View Elderly Housing Inc's Employer Identification Number (EIN) is 222621294. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Orchard View Elderly Housing Inc?
Orchard View Elderly Housing Inc is classified under NTEE code Unknown (Unknown).
Is Orchard View Elderly Housing Inc a registered 501(c)(3)?
Orchard View Elderly Housing Inc appears in IRS records (EIN: 222621294). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Orchard View Elderly Housing Inc file IRS Form 990?
Yes, Orchard View Elderly Housing Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Orchard View Elderly Housing Inc's revenue in 2023?
In the 202308 filing period, Orchard View Elderly Housing Inc reported total revenue of $534,603, total expenses of $548,018, and net assets of $1,635,134.
Is Orchard View Elderly Housing Inc's revenue growing or declining?
Orchard View Elderly Housing Inc's revenue is relatively stable. Revenue went from $522,286 (202208) to $534,603 (202308), a +2.4% change. Based on 13 filings on record.
What is Orchard View Elderly Housing Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Orchard View Elderly Housing Inc covers tax period 202308. It shows revenue of $534,603, expenses of $548,018, total assets of $1,635,134, and liabilities of $2,499,369.
How much does Orchard View Elderly Housing Inc spend on programs vs administration?
Based on IRS 990 analysis, Orchard View Elderly Housing Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Orchard View Elderly Housing Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Orchard View Elderly Housing Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Orchard View Elderly Housing Inc?
The following concerns were identified: Total assets have shown a consistent decline over the past several years, from $2,246,505 in 2016 to $1,582,148 in 2023.. The organization's net assets (assets minus liabilities) are negative and have been consistently declining, indicating a potential long-term financial vulnerability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Orchard View Elderly Housing Inc's strengths?
Positive indicators for Orchard View Elderly Housing Inc include: Consistent revenue generation, with revenues around $500,000 annually, demonstrates a stable operational income.. Expenses are generally in line with or slightly below revenue, indicating responsible spending.. The organization has maintained a consistent presence and service to the elderly community in Holyoke, MA.. These findings are derived from AI analysis of the organization's financial filings.
How does Orchard View Elderly Housing Inc compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the Form 990-EZ reporting threshold, which is a positive indicator for a smaller nonprofit. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent decline in total assets and negative net assets, what is the long-term sustainability plan for Orchard View Elderly Housing Inc.?
The consistent decline in assets and negative net assets suggest a need for a strategic financial review. While operational revenue covers expenses, the erosion of the asset base could impact future capital expenditures or unexpected costs. A plan to address this could involve fundraising for capital improvements or exploring alternative funding models.
How does Orchard View Elderly Housing Inc. manage its liabilities, which consistently exceed its assets?
The consistent excess of liabilities over assets indicates that the organization is likely operating with significant debt, potentially related to its housing facilities. Understanding the nature of these liabilities (e.g., mortgages, bonds) and their repayment terms is crucial to assessing financial risk. The stability of revenue suggests they are meeting these obligations, but the negative net assets are a concern.
Filing History
IRS 990 filing history for Orchard View Elderly Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Orchard View Elderly Housing Inc's revenue has grown by 20.5%, moving from $444K to $535K. Total assets increased by 37.8% over the same period, from $1.2M to $1.6M. Total functional expenses rose by 19.5%, from $459K to $548K. In its most recent filing year (2023), Orchard View Elderly Housing Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $1.6M in assets (debt-to-asset ratio: 152.9%), resulting in net assets of $-864,235.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $535K | $548K | $1.6M | $2.5M | — | View 990 |
| 2022 | $522K | $505K | $1.7M | $2.6M | — | View 990 |
| 2021 | $510K | $525K | $1.7M | $2.6M | — | View 990 |
| 2020 | $505K | $502K | $1.8M | $2.6M | — | View 990 |
| 2019 | $498K | $484K | $1.8M | $2.7M | — | View 990 |
| 2018 | $491K | $525K | $1.9M | $2.7M | — | View 990 |
| 2017 | $487K | $515K | $1.9M | $2.8M | — | View 990 |
| 2016 | $474K | $494K | $2.2M | $3.1M | — | View 990 |
| 2015 | $466K | $456K | $1.0M | $1.8M | — | View 990 |
| 2014 | $462K | $486K | $1.0M | $1.8M | — | View 990 |
| 2013 | $449K | $450K | $1.1M | $1.9M | — | View 990 |
| 2012 | $456K | $460K | $1.1M | $1.9M | — | View 990 |
| 2011 | $444K | $459K | $1.2M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $535K, expenses of $548K, and assets of $1.6M (revenue +2.4% year-over-year).
- 2022: Revenue of $522K, expenses of $505K, and assets of $1.7M (revenue +2.4% year-over-year).
- 2021: Revenue of $510K, expenses of $525K, and assets of $1.7M (revenue +1.1% year-over-year).
- 2020: Revenue of $505K, expenses of $502K, and assets of $1.8M (revenue +1.5% year-over-year).
- 2019: Revenue of $498K, expenses of $484K, and assets of $1.8M (revenue +1.4% year-over-year).
- 2018: Revenue of $491K, expenses of $525K, and assets of $1.9M (revenue +0.8% year-over-year).
- 2017: Revenue of $487K, expenses of $515K, and assets of $1.9M (revenue +2.7% year-over-year).
- 2016: Revenue of $474K, expenses of $494K, and assets of $2.2M (revenue +1.7% year-over-year).
- 2015: Revenue of $466K, expenses of $456K, and assets of $1.0M (revenue +0.9% year-over-year).
- 2014: Revenue of $462K, expenses of $486K, and assets of $1.0M (revenue +2.8% year-over-year).
- 2013: Revenue of $449K, expenses of $450K, and assets of $1.1M (revenue -1.4% year-over-year).
- 2012: Revenue of $456K, expenses of $460K, and assets of $1.1M (revenue +2.8% year-over-year).
- 2011: Revenue of $444K, expenses of $459K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Orchard View Elderly Housing Inc:
Data Sources and Methodology
This transparency report for Orchard View 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.