Park Hill Apartments Inc
EIN: 431839997 · Union, MO · NTEE: P730
| Metric | Value |
|---|---|
| Total Revenue | $161K |
| Total Expenses | $128K |
| Net Assets | $-338,645 |
Is Park Hill Apartments Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Park Hill Apartments Inc
Park Hill Apartments Inc (EIN: 431839997) is a nonprofit organization based in Union, MO, classified under NTEE code P730. The organization reported total revenue of $161K and total assets of $568K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Hill Apartments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Park Hill Apartments Inc is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $128K |
| Surplus / Deficit | $-6,457 |
| Total Assets | $558K |
| Total Liabilities | $896K |
| Net Assets | $-338,645 |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 160.7% |
| Months of Reserves | 52.2 months |
Financial Health Grade: C
In 2023, Park Hill Apartments Inc reported a deficit of $6K with expenses exceeding revenue, holds 52.2 months of operating reserves (strong position), has a debt-to-asset ratio of 160.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Park Hill Apartments Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.1% | +5.1% | -1.1% |
| 2022 | +6.7% | +5.8% | -2.0% |
| 2021 | +6.6% | +2.4% | -3.8% |
| 2020 | -2.1% | +1.8% | -1.5% |
| 2019 | +0.9% | -5.3% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Park Hill Apartments 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 Park Hill Apartments 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 160.7%.
Frequently Asked Questions about Park Hill Apartments Inc
Is Park Hill Apartments Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Park Hill Apartments Inc (EIN: 431839997) insufficient data. 0 red flags identified, 0 strengths noted.
How does Park Hill Apartments Inc spend its money?
Detailed spending breakdown data is not yet available for Park Hill Apartments Inc. Check back for updated IRS 990 analysis.
Are donations to Park Hill Apartments Inc tax-deductible?
Park Hill Apartments Inc is registered as a tax-exempt nonprofit (EIN: 431839997). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Park Hill Apartments Inc located?
Park Hill Apartments Inc is headquartered in Union, Missouri and files with the IRS under EIN 431839997. It is classified under NTEE code P730.
How many years of IRS 990 filings does Park Hill Apartments Inc have?
Park Hill Apartments Inc has 12 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 $161K in total revenue.
Filing History
IRS 990 filing history for Park Hill Apartments Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Park Hill Apartments Inc's revenue has grown by 32.4%, moving from $92K to $122K. Total assets decreased by 25.7% over the same period, from $750K to $558K. Total functional expenses rose by 18.2%, from $108K to $128K. In its most recent filing year (2023), Park Hill Apartments Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $896K in liabilities against $558K in assets (debt-to-asset ratio: 160.7%), resulting in net assets of $-338,645.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $128K | $558K | $896K | — | — |
| 2022 | $106K | $122K | $563K | $896K | — | View 990 |
| 2021 | $99K | $115K | $575K | $891K | — | — |
| 2020 | $93K | $112K | $598K | $898K | — | View 990 |
| 2019 | $95K | $110K | $607K | $887K | — | View 990 |
| 2018 | $94K | $117K | $622K | $887K | — | View 990 |
| 2017 | $85K | $130K | $642K | $885K | — | View 990 |
| 2016 | $93K | $108K | $689K | $886K | — | View 990 |
| 2015 | $94K | $108K | $702K | $885K | — | View 990 |
| 2014 | $102K | $108K | $718K | $886K | — | View 990 |
| 2013 | $91K | $113K | $724K | $887K | — | View 990 |
| 2012 | $92K | $108K | $750K | $891K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $128K, and assets of $558K (revenue +15.1% year-over-year).
- 2022: Revenue of $106K, expenses of $122K, and assets of $563K (revenue +6.7% year-over-year).
- 2021: Revenue of $99K, expenses of $115K, and assets of $575K (revenue +6.6% year-over-year).
- 2020: Revenue of $93K, expenses of $112K, and assets of $598K (revenue -2.1% year-over-year).
- 2019: Revenue of $95K, expenses of $110K, and assets of $607K (revenue +0.9% year-over-year).
- 2018: Revenue of $94K, expenses of $117K, and assets of $622K (revenue +11.3% year-over-year).
- 2017: Revenue of $85K, expenses of $130K, and assets of $642K (revenue -9.6% year-over-year).
- 2016: Revenue of $93K, expenses of $108K, and assets of $689K (revenue -0.3% year-over-year).
- 2015: Revenue of $94K, expenses of $108K, and assets of $702K (revenue -8.5% year-over-year).
- 2014: Revenue of $102K, expenses of $108K, and assets of $718K (revenue +12.4% year-over-year).
- 2013: Revenue of $91K, expenses of $113K, and assets of $724K (revenue -0.8% year-over-year).
- 2012: Revenue of $92K, expenses of $108K, and assets of $750K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Park Hill Apartments Inc:
Data Sources and Methodology
This transparency report for Park Hill Apartments 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.