Rose Of Mary Terrace A Nonprofitcorporation

Rose Of Mary Terrace A Nonprofitcorporation faces persistent operating deficits, leading to declining assets.

EIN: 205277520 · Yakima, WA · NTEE: L22 · Updated: 2026-03-28

$315KRevenue
$3.4MAssets
65/100Mission Score (Good)
L22
Rose Of Mary Terrace A Nonprofitcorporation Financial Summary
MetricValue
Total Revenue$315K
Total Expenses$429K
Program Spending70%
CEO/Top Officer Pay$3
Net Assets$3.5M
Transparency Score65/100

Is Rose Of Mary Terrace A Nonprofitcorporation Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Rose Of Mary Terrace A Nonprofitcorporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Rose Of Mary Terrace A Nonprofitcorporation

Rose Of Mary Terrace A Nonprofitcorporation (EIN: 205277520) is a nonprofit organization based in Yakima, WA, classified under NTEE code L22. The organization reported total revenue of $315K and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rose Of Mary Terrace A Nonprofitcorporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Rose Of Mary Terrace A Nonprofitcorporation is a small 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 2.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$290K
Total Expenses$429K
Surplus / Deficit$-138,171
Total Assets$3.5M
Total Liabilities$30K
Net Assets$3.5M
Operating Margin-47.6%
Debt-to-Asset Ratio0.9%
Months of Reserves98.5 months

Financial Health Grade: B

In 2023, Rose Of Mary Terrace A Nonprofitcorporation reported a deficit of $138K with expenses exceeding revenue, holds 98.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Rose Of Mary Terrace A Nonprofitcorporation's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023+18.5%+14.1%-3.7%
2022-2.0%+13.2%-3.3%
2021+-0.0%-4.5%-2.1%
2020-0.7%-12.3%-2.6%
2019+2.4%+16.4%-3.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Rose Of Mary Terrace A Nonprofitcorporation appears to be in a challenging financial position, consistently operating at a deficit over the past several years. For example, in 2023, the organization reported revenues of $290,470 against expenses of $428,641, resulting in a significant net loss. This trend of expenses exceeding revenue is evident across all provided filings, leading to a gradual decline in assets from $4,606,092 in 2014 to $3,518,583 in 2023. While the organization maintains a healthy asset base relative to its liabilities, the sustained operational losses are a concern for long-term sustainability. The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent deficits suggest that current revenue streams are insufficient to cover operational costs. Transparency regarding executive compensation is excellent, with 0% reported for officer compensation across all years, indicating that the organization's leadership is not drawing a salary from the nonprofit. This commitment to minimizing overhead in this area is a positive sign, but the overall financial health requires attention.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rose Of Mary Terrace A Nonprofitcorporation with a Mission Score of 65 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Rose Of Mary Terrace A Nonprofitcorporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$290KTotal Revenue
$429KTotal Expenses
$3.5MTotal Assets
$30KTotal Liabilities
$3.5MNet Assets
  • The organization reported a deficit of $138K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.9%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly commendable for an organization of its size with assets over $3 million.

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 Rose Of Mary Terrace A Nonprofitcorporation's IRS 990 filings:

  • Consistent operating deficits for over a decade
  • Declining asset base year-over-year
  • Expenses significantly outpace revenue annually

Strengths

The following positive indicators were identified for Rose Of Mary Terrace A Nonprofitcorporation:

  • Zero executive compensation reported, indicating strong commitment to resource allocation
  • Maintains a substantial asset base relative to liabilities, providing some financial cushion
  • Long history of IRS 990 filings, demonstrating transparency in reporting

Frequently Asked Questions about Rose Of Mary Terrace A Nonprofitcorporation

Is Rose Of Mary Terrace A Nonprofitcorporation a legitimate charity?

Rose Of Mary Terrace A Nonprofitcorporation (EIN: 205277520) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $315K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Rose Of Mary Terrace A Nonprofitcorporation spend its money?

Rose Of Mary Terrace A Nonprofitcorporation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Rose Of Mary Terrace A Nonprofitcorporation tax-deductible?

Rose Of Mary Terrace A Nonprofitcorporation is registered as a tax-exempt nonprofit (EIN: 205277520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Rose Of Mary Terrace A Nonprofitcorporation CEO make?

Rose Of Mary Terrace A Nonprofitcorporation's highest-compensated officer earns $3 annually. The organization reported $315K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Rose Of Mary Terrace A Nonprofitcorporation's spending goes to programs?

Rose Of Mary Terrace A Nonprofitcorporation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Rose Of Mary Terrace A Nonprofitcorporation compare to similar nonprofits?

With a transparency score of 65/100 (Good), Rose Of Mary Terrace A Nonprofitcorporation is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Rose Of Mary Terrace A Nonprofitcorporation located?

Rose Of Mary Terrace A Nonprofitcorporation is headquartered in Yakima, Washington and files with the IRS under EIN 205277520. It is classified under NTEE code L22.

How many years of IRS 990 filings does Rose Of Mary Terrace A Nonprofitcorporation have?

Rose Of Mary Terrace A Nonprofitcorporation 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 $315K in total revenue.

Is Rose Of Mary Terrace A Nonprofitcorporation financially sustainable?

Based on the provided data, the organization has consistently operated at a deficit for at least the past decade, with expenses exceeding revenue in every reported year. This trend suggests a challenge to long-term financial sustainability unless revenue increases or expenses are reduced.

Why are the assets declining?

The organization's assets have been steadily declining, from $4,606,092 in 2014 to $3,518,583 in 2023. This decline is directly attributable to the consistent operating deficits, where annual expenses have exceeded revenues, drawing down the organization's reserves.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, indicating that its leadership is not paid through the nonprofit, which is a strong positive for transparency and resource allocation.

What is the primary financial challenge for Rose Of Mary Terrace?

The primary financial challenge is the persistent gap between revenue and expenses. For example, in 2023, expenses were $428,641 while revenue was only $290,470, highlighting a significant operational deficit that needs to be addressed.

Filing History

IRS 990 filing history for Rose Of Mary Terrace A Nonprofitcorporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Rose Of Mary Terrace A Nonprofitcorporation's revenue has grown by 36.1%, moving from $213K to $290K. Total assets decreased by 28.7% over the same period, from $4.9M to $3.5M. Total functional expenses rose by 38%, from $311K to $429K. In its most recent filing year (2023), Rose Of Mary Terrace A Nonprofitcorporation reported a deficit of $138K, with expenses exceeding revenue. The organization holds $30K in liabilities against $3.5M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $3.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $290K $429K $3.5M $30K
2022 $245K $376K $3.7M $30K View 990
2021 $250K $332K $3.8M $25K View 990
2020 $250K $348K $3.9M $24K View 990
2019 $252K $396K $4.0M $30K View 990
2018 $246K $340K $4.1M $38K View 990
2017 $223K $390K $4.2M $32K View 990
2016 $202K $335K $4.4M $26K View 990
2015 $209K $323K $4.5M $17K View 990
2014 $207K $321K $4.6M $21K View 990
2013 $207K $328K $4.7M $20K View 990
2012 $209K $311K $4.8M $16K View 990
2011 $213K $311K $4.9M $15K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $290K, expenses of $429K, and assets of $3.5M (revenue +18.5% year-over-year).
  • 2022: Revenue of $245K, expenses of $376K, and assets of $3.7M (revenue -2.0% year-over-year).
  • 2021: Revenue of $250K, expenses of $332K, and assets of $3.8M (revenue +-0.0% year-over-year).
  • 2020: Revenue of $250K, expenses of $348K, and assets of $3.9M (revenue -0.7% year-over-year).
  • 2019: Revenue of $252K, expenses of $396K, and assets of $4.0M (revenue +2.4% year-over-year).
  • 2018: Revenue of $246K, expenses of $340K, and assets of $4.1M (revenue +10.3% year-over-year).
  • 2017: Revenue of $223K, expenses of $390K, and assets of $4.2M (revenue +10.5% year-over-year).
  • 2016: Revenue of $202K, expenses of $335K, and assets of $4.4M (revenue -3.2% year-over-year).
  • 2015: Revenue of $209K, expenses of $323K, and assets of $4.5M (revenue +0.7% year-over-year).
  • 2014: Revenue of $207K, expenses of $321K, and assets of $4.6M (revenue +0.3% year-over-year).
  • 2013: Revenue of $207K, expenses of $328K, and assets of $4.7M (revenue -1.0% year-over-year).
  • 2012: Revenue of $209K, expenses of $311K, and assets of $4.8M (revenue -2.2% year-over-year).
  • 2011: Revenue of $213K, expenses of $311K, and assets of $4.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Rose Of Mary Terrace A Nonprofitcorporation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Rose Of Mary Terrace A Nonprofitcorporation 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.

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