Regency Woods Homeowners Assn
EIN: 611174653 · Louisville, KY · NTEE: L50
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $46K |
| Net Assets | $121K |
Is Regency Woods Homeowners Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Regency Woods Homeowners Assn
Regency Woods Homeowners Assn (EIN: 611174653) is a nonprofit organization based in Louisville, KY, classified under NTEE code L50. The organization reported total revenue of $82K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regency Woods Homeowners Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regency Woods Homeowners Assn is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $46K |
| Surplus / Deficit | +$14K |
| Total Assets | $121K |
| Net Assets | $121K |
| Operating Margin | 23.9% |
| Months of Reserves | 31.8 months |
Financial Health Grade: A
In 2023, Regency Woods Homeowners Assn reported a surplus of $14K with revenue exceeding expenses, holds 31.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Regency Woods Homeowners Assn's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.6% | -35.4% | +13.5% |
| 2022 | +2.1% | +18.9% | -9.8% |
| 2021 | -0.9% | +20.0% | -1.3% |
| 2020 | +-0.0% | -8.4% | +8.0% |
| 2019 | +1.1% | +4.2% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Regency Woods Homeowners Assn 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 Regency Woods Homeowners Assn 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 surplus of $14K, with revenue exceeding expenses.
Frequently Asked Questions about Regency Woods Homeowners Assn
Is Regency Woods Homeowners Assn a legitimate charity?
Regency Woods Homeowners Assn (EIN: 611174653) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $82K. No red flags identified. Financial health grade: A.
How does Regency Woods Homeowners Assn spend its money?
Regency Woods Homeowners Assn reported $82K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Regency Woods Homeowners Assn tax-deductible?
Regency Woods Homeowners Assn is registered as a tax-exempt nonprofit (EIN: 611174653). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Regency Woods Homeowners Assn located?
Regency Woods Homeowners Assn is headquartered in Louisville, Kentucky and files with the IRS under EIN 611174653. It is classified under NTEE code L50.
How many years of IRS 990 filings does Regency Woods Homeowners Assn have?
Regency Woods Homeowners Assn 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 $82K in total revenue.
Filing History
IRS 990 filing history for Regency Woods Homeowners Assn showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Regency Woods Homeowners Assn's revenue has grown by 0.8%, moving from $59K to $60K. Total assets increased by 159.3% over the same period, from $47K to $121K. Total functional expenses fell by 9%, from $50K to $46K. In its most recent filing year (2023), Regency Woods Homeowners Assn reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $46K | $121K | $0 | — | — |
| 2022 | $59K | $71K | $106K | $0 | — | View 990 |
| 2021 | $58K | $59K | $118K | $0 | — | — |
| 2020 | $58K | $49K | $120K | $0 | — | — |
| 2019 | $58K | $54K | $111K | $0 | — | View 990 |
| 2018 | $58K | $52K | $106K | $0 | — | View 990 |
| 2017 | $58K | $48K | $101K | $0 | — | — |
| 2016 | $58K | $55K | $91K | $0 | — | View 990 |
| 2015 | $58K | $52K | $88K | $0 | — | View 990 |
| 2014 | $60K | $51K | $83K | $49 | — | View 990 |
| 2013 | $62K | $49K | $74K | $0 | — | View 990 |
| 2012 | $57K | $42K | $61K | $0 | — | View 990 |
| 2011 | $59K | $50K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $46K, and assets of $121K (revenue +1.6% year-over-year).
- 2022: Revenue of $59K, expenses of $71K, and assets of $106K (revenue +2.1% year-over-year).
- 2021: Revenue of $58K, expenses of $59K, and assets of $118K (revenue -0.9% year-over-year).
- 2020: Revenue of $58K, expenses of $49K, and assets of $120K (revenue +-0.0% year-over-year).
- 2019: Revenue of $58K, expenses of $54K, and assets of $111K (revenue +1.1% year-over-year).
- 2018: Revenue of $58K, expenses of $52K, and assets of $106K (revenue -0.5% year-over-year).
- 2017: Revenue of $58K, expenses of $48K, and assets of $101K (revenue +0.6% year-over-year).
- 2016: Revenue of $58K, expenses of $55K, and assets of $91K (revenue -0.1% year-over-year).
- 2015: Revenue of $58K, expenses of $52K, and assets of $88K (revenue -3.0% year-over-year).
- 2014: Revenue of $60K, expenses of $51K, and assets of $83K (revenue -3.9% year-over-year).
- 2013: Revenue of $62K, expenses of $49K, and assets of $74K (revenue +8.5% year-over-year).
- 2012: Revenue of $57K, expenses of $42K, and assets of $61K (revenue -4.0% year-over-year).
- 2011: Revenue of $59K, expenses of $50K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regency Woods Homeowners Assn:
Data Sources and Methodology
This transparency report for Regency Woods Homeowners Assn 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.