Romanelli West Homes Association
EIN: 436063366 · Prairie Vlg, KS
| Metric | Value |
|---|---|
| Total Revenue | $78K |
| Total Expenses | $67K |
| Net Assets | $42K |
Is Romanelli West Homes Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Romanelli West Homes Association
Romanelli West Homes Association (EIN: 436063366) is a nonprofit organization based in Prairie Vlg, KS. The organization reported total revenue of $78K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Romanelli West Homes Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Romanelli West Homes Association is a micro nonprofit that has been operating for 58 years, with 5 years of IRS 990 filings on record (2020–2024). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $67K |
| Surplus / Deficit | +$15K |
| Total Assets | $43K |
| Total Liabilities | $2K |
| Net Assets | $42K |
| Operating Margin | 18.4% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2024, Romanelli West Homes Association reported a surplus of $15K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 5 years of filings (2020–2024), Romanelli West Homes Association's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +32.6% | -11.9% | +48.4% |
| 2023 | -0.3% | +18.9% | -37.7% |
| 2022 | +0.2% | +8.8% | -9.0% |
| 2021 | +1.3% | -8.4% | +16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Romanelli West Homes Association 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 Romanelli West Homes Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.9%.
Frequently Asked Questions about Romanelli West Homes Association
Is Romanelli West Homes Association a legitimate charity?
Romanelli West Homes Association (EIN: 436063366) is a registered tax-exempt nonprofit based in Kansas. It has 5 years of IRS 990 filings on record. Total revenue: $78K. No red flags identified. Financial health grade: A.
How does Romanelli West Homes Association spend its money?
Romanelli West Homes Association reported $78K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Romanelli West Homes Association tax-deductible?
Romanelli West Homes Association is registered as a tax-exempt nonprofit (EIN: 436063366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Romanelli West Homes Association located?
Romanelli West Homes Association is headquartered in Prairie Vlg, Kansas and files with the IRS under EIN 436063366.
How many years of IRS 990 filings does Romanelli West Homes Association have?
Romanelli West Homes Association has 5 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 $78K in total revenue.
Filing History
IRS 990 filing history for Romanelli West Homes Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2020–2024), Romanelli West Homes Association's revenue has grown by 34.2%, moving from $61K to $82K. Total assets decreased by 2.5% over the same period, from $44K to $43K. Total functional expenses rose by 4.4%, from $64K to $67K. In its most recent filing year (2024), Romanelli West Homes Association reported a surplus of $15K, with revenue exceeding expenses. The organization holds $2K in liabilities against $43K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $42K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $82K | $67K | $43K | $2K | — | — |
| 2023 | $62K | $76K | $29K | $3K | — | — |
| 2022 | $62K | $64K | $47K | $6K | — | — |
| 2021 | $62K | $58K | $52K | $9K | — | — |
| 2020 | $61K | $64K | $44K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $82K, expenses of $67K, and assets of $43K (revenue +32.6% year-over-year).
- 2023: Revenue of $62K, expenses of $76K, and assets of $29K (revenue -0.3% year-over-year).
- 2022: Revenue of $62K, expenses of $64K, and assets of $47K (revenue +0.2% year-over-year).
- 2021: Revenue of $62K, expenses of $58K, and assets of $52K (revenue +1.3% year-over-year).
- 2020: Revenue of $61K, expenses of $64K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Romanelli West Homes Association:
Data Sources and Methodology
This transparency report for Romanelli West Homes Association 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.