Schleswig Retirement Apartments
EIN: 421129445 · Schleswig, IA
| Metric | Value |
|---|---|
| Total Expenses | $82K |
| Net Assets | $102K |
Is Schleswig Retirement Apartments Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Schleswig Retirement Apartments
Schleswig Retirement Apartments (EIN: 421129445) is a nonprofit organization based in Schleswig, IA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Schleswig Retirement Apartments's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Schleswig Retirement Apartments is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $87K |
| Total Expenses | $82K |
| Surplus / Deficit | +$5K |
| Total Assets | $258K |
| Total Liabilities | $157K |
| Net Assets | $102K |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 60.6% |
| Months of Reserves | 37.8 months |
Financial Health Grade: A
In 2015, Schleswig Retirement Apartments reported a surplus of $5K with revenue exceeding expenses, holds 37.8 months of operating reserves (strong position), has a debt-to-asset ratio of 60.6% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Schleswig Retirement Apartments's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +18.1% | +13.0% | -2.0% |
| 2014 | -3.6% | -3.0% | -3.8% |
| 2013 | +8.9% | +26.9% | -3.5% |
| 2012 | -14.0% | -18.1% | -0.2% |
AI Analysis Pending
AI enrichment for Schleswig Retirement Apartments 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 Schleswig Retirement Apartments 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.6%.
Frequently Asked Questions about Schleswig Retirement Apartments
Is Schleswig Retirement Apartments a legitimate charity?
Based on AI analysis of IRS 990 filings, Schleswig Retirement Apartments (EIN: 421129445) insufficient data. 0 red flags identified, 0 strengths noted.
How does Schleswig Retirement Apartments spend its money?
Detailed spending breakdown data is not yet available for Schleswig Retirement Apartments. Check back for updated IRS 990 analysis.
Are donations to Schleswig Retirement Apartments tax-deductible?
Schleswig Retirement Apartments is registered as a tax-exempt nonprofit (EIN: 421129445). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Schleswig Retirement Apartments located?
Schleswig Retirement Apartments is headquartered in Schleswig, Iowa and files with the IRS under EIN 421129445.
How many years of IRS 990 filings does Schleswig Retirement Apartments have?
Schleswig Retirement Apartments 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.
Filing History
IRS 990 filing history for Schleswig Retirement Apartments showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Schleswig Retirement Apartments's revenue has grown by 6.6%, moving from $82K to $87K. Total assets decreased by 9.2% over the same period, from $285K to $258K. Total functional expenses rose by 14%, from $72K to $82K. In its most recent filing year (2015), Schleswig Retirement Apartments reported a surplus of $5K, with revenue exceeding expenses. The organization holds $157K in liabilities against $258K in assets (debt-to-asset ratio: 60.6%), resulting in net assets of $102K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $87K | $82K | $258K | $157K | — | View 990 |
| 2014 | $74K | $73K | $264K | $167K | — | View 990 |
| 2013 | $77K | $75K | $274K | $179K | — | View 990 |
| 2012 | $70K | $59K | $284K | $191K | — | View 990 |
| 2011 | $82K | $72K | $285K | $203K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $87K, expenses of $82K, and assets of $258K (revenue +18.1% year-over-year).
- 2014: Revenue of $74K, expenses of $73K, and assets of $264K (revenue -3.6% year-over-year).
- 2013: Revenue of $77K, expenses of $75K, and assets of $274K (revenue +8.9% year-over-year).
- 2012: Revenue of $70K, expenses of $59K, and assets of $284K (revenue -14.0% year-over-year).
- 2011: Revenue of $82K, expenses of $72K, and assets of $285K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Schleswig Retirement Apartments:
Data Sources and Methodology
This transparency report for Schleswig Retirement Apartments 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.