Otwell Ruritan Senior Housing Inc
EIN: 351835106 · Otwell, IN · NTEE: L20Z
| Metric | Value |
|---|---|
| Total Revenue | $253K |
| Total Expenses | $242K |
| Net Assets | $-499,394 |
Is Otwell Ruritan Senior 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 Otwell Ruritan Senior Housing Inc
Otwell Ruritan Senior Housing Inc (EIN: 351835106) is a nonprofit organization based in Otwell, IN, classified under NTEE code L20Z. The organization reported total revenue of $253K and total assets of $681K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Otwell Ruritan Senior Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Otwell Ruritan Senior Housing Inc is a small nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $216K |
| Total Expenses | $242K |
| Surplus / Deficit | $-26,357 |
| Total Assets | $683K |
| Total Liabilities | $1.2M |
| Net Assets | $-499,394 |
| Operating Margin | -12.2% |
| Debt-to-Asset Ratio | 173.1% |
| Months of Reserves | 33.9 months |
Financial Health Grade: C
In 2023, Otwell Ruritan Senior Housing Inc reported a deficit of $26K with expenses exceeding revenue, holds 33.9 months of operating reserves (strong position), has a debt-to-asset ratio of 173.1% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Otwell Ruritan Senior Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.7% | +2.7% | -5.9% |
| 2022 | -2.3% | +0.2% | -5.3% |
| 2021 | +0.1% | +0.1% | -4.5% |
| 2020 | +1.5% | -1.5% | -4.2% |
| 2019 | +0.8% | +6.3% | -14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Otwell Ruritan Senior 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 Otwell Ruritan Senior 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 173.1%.
Frequently Asked Questions about Otwell Ruritan Senior Housing Inc
Is Otwell Ruritan Senior Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Otwell Ruritan Senior Housing Inc (EIN: 351835106) insufficient data. 0 red flags identified, 0 strengths noted.
How does Otwell Ruritan Senior Housing Inc spend its money?
Detailed spending breakdown data is not yet available for Otwell Ruritan Senior Housing Inc. Check back for updated IRS 990 analysis.
Are donations to Otwell Ruritan Senior Housing Inc tax-deductible?
Otwell Ruritan Senior Housing Inc is registered as a tax-exempt nonprofit (EIN: 351835106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Otwell Ruritan Senior Housing Inc located?
Otwell Ruritan Senior Housing Inc is headquartered in Otwell, Indiana and files with the IRS under EIN 351835106. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Otwell Ruritan Senior Housing Inc have?
Otwell Ruritan Senior Housing Inc has 10 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 $253K in total revenue.
Filing History
IRS 990 filing history for Otwell Ruritan Senior Housing Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Otwell Ruritan Senior Housing Inc's revenue has grown by 7.7%, moving from $200K to $216K. Total assets decreased by 38.8% over the same period, from $1.1M to $683K. Total functional expenses rose by 7.9%, from $224K to $242K. In its most recent filing year (2023), Otwell Ruritan Senior Housing Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $683K in assets (debt-to-asset ratio: 173.1%), resulting in net assets of $-499,394.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $216K | $242K | $683K | $1.2M | — | — |
| 2022 | $212K | $236K | $726K | $1.2M | — | View 990 |
| 2021 | $217K | $235K | $766K | $1.2M | — | View 990 |
| 2020 | $217K | $235K | $802K | $1.2M | — | View 990 |
| 2019 | $213K | $238K | $837K | $1.3M | — | View 990 |
| 2015 | $212K | $224K | $980K | $1.3M | — | View 990 |
| 2014 | $207K | $233K | $1.0M | $1.3M | — | View 990 |
| 2013 | $204K | $234K | $1.0M | $1.3M | — | View 990 |
| 2012 | $202K | $227K | $1.1M | $1.3M | — | View 990 |
| 2011 | $200K | $224K | $1.1M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $216K, expenses of $242K, and assets of $683K (revenue +1.7% year-over-year).
- 2022: Revenue of $212K, expenses of $236K, and assets of $726K (revenue -2.3% year-over-year).
- 2021: Revenue of $217K, expenses of $235K, and assets of $766K (revenue +0.1% year-over-year).
- 2020: Revenue of $217K, expenses of $235K, and assets of $802K (revenue +1.5% year-over-year).
- 2019: Revenue of $213K, expenses of $238K, and assets of $837K (revenue +0.8% year-over-year).
- 2015: Revenue of $212K, expenses of $224K, and assets of $980K (revenue +2.5% year-over-year).
- 2014: Revenue of $207K, expenses of $233K, and assets of $1.0M (revenue +1.4% year-over-year).
- 2013: Revenue of $204K, expenses of $234K, and assets of $1.0M (revenue +1.1% year-over-year).
- 2012: Revenue of $202K, expenses of $227K, and assets of $1.1M (revenue +0.8% year-over-year).
- 2011: Revenue of $200K, expenses of $224K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Otwell Ruritan Senior Housing Inc:
Data Sources and Methodology
This transparency report for Otwell Ruritan Senior 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.