Rogers City Area Seniors Inc
EIN: 383414213 · Rogers City, MI · NTEE: P81
| Metric | Value |
|---|---|
| Total Revenue | $190K |
| Total Expenses | $76K |
| Net Assets | $-48,148 |
Is Rogers City Area Seniors Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rogers City Area Seniors Inc
Rogers City Area Seniors Inc (EIN: 383414213) is a nonprofit organization based in Rogers City, MI, classified under NTEE code P81. The organization reported total revenue of $190K and total assets of $223K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rogers City Area Seniors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rogers City Area Seniors Inc is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $76K |
| Surplus / Deficit | +$43K |
| Total Assets | $113K |
| Total Liabilities | $161K |
| Net Assets | $-48,148 |
| Operating Margin | 36.4% |
| Debt-to-Asset Ratio | 142.8% |
| Months of Reserves | 17.9 months |
Financial Health Grade: A
In 2023, Rogers City Area Seniors Inc reported a surplus of $43K with revenue exceeding expenses, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 142.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rogers City Area Seniors Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.8% | -17.0% | +49.4% |
| 2022 | +30.6% | +14.4% | -76.9% |
| 2021 | +22.4% | +1.4% | -0.7% |
| 2020 | -20.5% | -16.9% | -1.7% |
| 2019 | +12.7% | +4.0% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rogers City Area Seniors 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 Rogers City Area Seniors 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 surplus of $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 142.8%.
Frequently Asked Questions about Rogers City Area Seniors Inc
Is Rogers City Area Seniors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rogers City Area Seniors Inc (EIN: 383414213) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rogers City Area Seniors Inc spend its money?
Detailed spending breakdown data is not yet available for Rogers City Area Seniors Inc. Check back for updated IRS 990 analysis.
Are donations to Rogers City Area Seniors Inc tax-deductible?
Rogers City Area Seniors Inc is registered as a tax-exempt nonprofit (EIN: 383414213). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rogers City Area Seniors Inc located?
Rogers City Area Seniors Inc is headquartered in Rogers City, Michigan and files with the IRS under EIN 383414213. It is classified under NTEE code P81.
How many years of IRS 990 filings does Rogers City Area Seniors Inc have?
Rogers City Area Seniors 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 $190K in total revenue.
Filing History
IRS 990 filing history for Rogers City Area Seniors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rogers City Area Seniors Inc's revenue has grown by 16.5%, moving from $102K to $119K. Total assets decreased by 74.7% over the same period, from $445K to $113K. Total functional expenses fell by 29.1%, from $106K to $76K. In its most recent filing year (2023), Rogers City Area Seniors Inc reported a surplus of $43K, with revenue exceeding expenses. The organization holds $161K in liabilities against $113K in assets (debt-to-asset ratio: 142.8%), resulting in net assets of $-48,148.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $76K | $113K | $161K | — | View 990 |
| 2022 | $116K | $91K | $75K | $167K | — | View 990 |
| 2021 | $88K | $80K | $327K | $170K | — | — |
| 2020 | $72K | $78K | $329K | $181K | — | View 990 |
| 2019 | $91K | $94K | $335K | $180K | — | View 990 |
| 2018 | $81K | $91K | $343K | $186K | — | View 990 |
| 2017 | $83K | $87K | $359K | $191K | — | View 990 |
| 2016 | $91K | $102K | $371K | $199K | — | View 990 |
| 2015 | $94K | $94K | $386K | $203K | — | View 990 |
| 2014 | $76K | $102K | $390K | $207K | — | View 990 |
| 2013 | $97K | $100K | $421K | $211K | — | View 990 |
| 2012 | $93K | $112K | $428K | $214K | — | View 990 |
| 2011 | $102K | $106K | $445K | $212K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $119K, expenses of $76K, and assets of $113K (revenue +2.8% year-over-year).
- 2022: Revenue of $116K, expenses of $91K, and assets of $75K (revenue +30.6% year-over-year).
- 2021: Revenue of $88K, expenses of $80K, and assets of $327K (revenue +22.4% year-over-year).
- 2020: Revenue of $72K, expenses of $78K, and assets of $329K (revenue -20.5% year-over-year).
- 2019: Revenue of $91K, expenses of $94K, and assets of $335K (revenue +12.7% year-over-year).
- 2018: Revenue of $81K, expenses of $91K, and assets of $343K (revenue -2.4% year-over-year).
- 2017: Revenue of $83K, expenses of $87K, and assets of $359K (revenue -9.6% year-over-year).
- 2016: Revenue of $91K, expenses of $102K, and assets of $371K (revenue -2.3% year-over-year).
- 2015: Revenue of $94K, expenses of $94K, and assets of $386K (revenue +23.3% year-over-year).
- 2014: Revenue of $76K, expenses of $102K, and assets of $390K (revenue -21.6% year-over-year).
- 2013: Revenue of $97K, expenses of $100K, and assets of $421K (revenue +4.1% year-over-year).
- 2012: Revenue of $93K, expenses of $112K, and assets of $428K (revenue -8.8% year-over-year).
- 2011: Revenue of $102K, expenses of $106K, and assets of $445K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rogers City Area Seniors Inc:
Data Sources and Methodology
This transparency report for Rogers City Area Seniors 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.