Quaker Estates Of Portsmouth Ii Inc
Quaker Estates Of Portsmouth II Inc consistently operates at a deficit, relying on assets to cover expenses.
EIN: 202017172 · Portsmouth, RI · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $59K |
| Total Expenses | $86K |
| Program Spending | 85% |
| Net Assets | $640K |
| Transparency Score | 75/100 |
Is Quaker Estates Of Portsmouth Ii Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Quaker Estates Of Portsmouth Ii Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Quaker Estates Of Portsmouth Ii Inc
Quaker Estates Of Portsmouth Ii Inc (EIN: 202017172) is a nonprofit organization based in Portsmouth, RI, classified under NTEE code L21. The organization reported total revenue of $59K and total assets of $659K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quaker Estates Of Portsmouth Ii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quaker Estates Of Portsmouth Ii Inc is a micro nonprofit that has been operating for 21 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $86K |
| Surplus / Deficit | $-26,719 |
| Total Assets | $659K |
| Total Liabilities | $19K |
| Net Assets | $640K |
| Operating Margin | -45.0% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 91.8 months |
Financial Health Grade: B
In 2018, Quaker Estates Of Portsmouth Ii Inc reported a deficit of $27K with expenses exceeding revenue, holds 91.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), Quaker Estates Of Portsmouth Ii Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +4.1% | +16.3% | -3.0% |
| 2017 | -0.2% | +1.7% | -2.3% |
| 2016 | -3.8% | +0.9% | -3.9% |
| 2015 | -1.9% | -4.0% | -1.3% |
| 2014 | +2.4% | +5.0% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Quaker Estates Of Portsmouth Ii 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Quaker Estates Of Portsmouth Ii Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led board or that key management roles are unpaid, which is highly efficient for an organization of this size.
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 Quaker Estates Of Portsmouth Ii Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceed revenue in all reported periods)
- Gradual decline in total assets over time (from $766,290 in 2011 to $659,021 in 2018)
Strengths
The following positive indicators were identified for Quaker Estates Of Portsmouth Ii Inc:
- No reported officer compensation, indicating high efficiency and likely volunteer leadership
- Low and stable liabilities relative to assets
- Consistent filing history demonstrating transparency
- Clear focus on mission, likely housing services based on NTEE code
Frequently Asked Questions about Quaker Estates Of Portsmouth Ii Inc
Is Quaker Estates Of Portsmouth Ii Inc a legitimate charity?
Quaker Estates Of Portsmouth Ii Inc (EIN: 202017172) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 8 years of IRS 990 filings on record. Total revenue: $59K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Quaker Estates Of Portsmouth Ii Inc spend its money?
Quaker Estates Of Portsmouth Ii Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Quaker Estates Of Portsmouth Ii Inc tax-deductible?
Quaker Estates Of Portsmouth Ii Inc is registered as a tax-exempt nonprofit (EIN: 202017172). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Quaker Estates Of Portsmouth Ii Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Quaker Estates Of Portsmouth Ii Inc is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Quaker Estates Of Portsmouth Ii Inc located?
Quaker Estates Of Portsmouth Ii Inc is headquartered in Portsmouth, Rhode Island and files with the IRS under EIN 202017172. It is classified under NTEE code L21.
How many years of IRS 990 filings does Quaker Estates Of Portsmouth Ii Inc have?
Quaker Estates Of Portsmouth Ii Inc has 8 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 $59K in total revenue.
How does Quaker Estates Of Portsmouth Ii Inc cover its consistent operating deficits?
The organization consistently reports expenses exceeding revenue (e.g., $86,134 expenses vs. $59,415 revenue in 2018). This suggests it covers the deficit by drawing down on its assets, which have decreased from $766,290 in 2011 to $659,021 in 2018.
What is the primary purpose of Quaker Estates Of Portsmouth Ii Inc?
Based on its NTEE code L21, the organization's primary purpose is likely to provide housing for the elderly, handicapped, or poor.
Is the organization financially stable despite operating at a deficit?
While operating at a deficit, the organization maintains a substantial asset base ($659,021 in 2018) relative to its annual expenses, and its liabilities are low ($18,913 in 2018). This indicates a degree of stability, though the long-term sustainability of consistent asset drawdowns would need further review.
Filing History
IRS 990 filing history for Quaker Estates Of Portsmouth Ii Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Quaker Estates Of Portsmouth Ii Inc's revenue has grown by 1.3%, moving from $59K to $59K. Total assets decreased by 14% over the same period, from $766K to $659K. Total functional expenses rose by 40%, from $62K to $86K. In its most recent filing year (2018), Quaker Estates Of Portsmouth Ii Inc reported a deficit of $27K, with expenses exceeding revenue. The organization holds $19K in liabilities against $659K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $640K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $59K | $86K | $659K | $19K | — | View 990 |
| 2017 | $57K | $74K | $680K | $13K | — | View 990 |
| 2016 | $57K | $73K | $695K | $11K | — | View 990 |
| 2015 | $59K | $72K | $723K | $12K | — | View 990 |
| 2014 | $61K | $75K | $733K | $9K | — | View 990 |
| 2013 | $59K | $72K | $749K | $10K | — | View 990 |
| 2012 | $59K | $68K | $764K | $12K | — | View 990 |
| 2011 | $59K | $62K | $766K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $59K, expenses of $86K, and assets of $659K (revenue +4.1% year-over-year).
- 2017: Revenue of $57K, expenses of $74K, and assets of $680K (revenue -0.2% year-over-year).
- 2016: Revenue of $57K, expenses of $73K, and assets of $695K (revenue -3.8% year-over-year).
- 2015: Revenue of $59K, expenses of $72K, and assets of $723K (revenue -1.9% year-over-year).
- 2014: Revenue of $61K, expenses of $75K, and assets of $733K (revenue +2.4% year-over-year).
- 2013: Revenue of $59K, expenses of $72K, and assets of $749K (revenue -0.5% year-over-year).
- 2012: Revenue of $59K, expenses of $68K, and assets of $764K (revenue +1.4% year-over-year).
- 2011: Revenue of $59K, expenses of $62K, and assets of $766K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quaker Estates Of Portsmouth Ii Inc:
Data Sources and Methodology
This transparency report for Quaker Estates Of Portsmouth Ii 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.