Senior Citizens Housing Development Corporation Of Ville Platte
EIN: 721230203 · Ville Platte, LA
| Metric | Value |
|---|---|
| Total Revenue | $573K |
| Total Expenses | $652K |
| Net Assets | $705K |
Is Senior Citizens Housing Development Corporation Of Ville Platte Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Senior Citizens Housing Development Corporation Of Ville Platte
Senior Citizens Housing Development Corporation Of Ville Platte (EIN: 721230203) is a nonprofit organization based in Ville Platte, LA. The organization reported total revenue of $573K and total assets of $959K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Senior Citizens Housing Development Corporation Of Ville Platte's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Senior Citizens Housing Development Corporation Of Ville Platte is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $560K |
| Total Expenses | $652K |
| Surplus / Deficit | $-92,307 |
| Total Assets | $1.0M |
| Total Liabilities | $320K |
| Net Assets | $705K |
| Operating Margin | -16.5% |
| Debt-to-Asset Ratio | 31.2% |
| Months of Reserves | 18.9 months |
Financial Health Grade: B
In 2023, Senior Citizens Housing Development Corporation Of Ville Platte reported a deficit of $92K with expenses exceeding revenue, holds 18.9 months of operating reserves (strong position), has a debt-to-asset ratio of 31.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Senior Citizens Housing Development Corporation Of Ville Platte's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +7.0% | +7.3% |
| 2022 | -0.8% | +7.9% | -1.0% |
| 2021 | +8.2% | +6.1% | -3.6% |
| 2020 | -1.1% | +8.7% | -6.6% |
| 2019 | +0.3% | -5.8% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Senior Citizens Housing Development Corporation Of Ville Platte 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 Senior Citizens Housing Development Corporation Of Ville Platte 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 deficit of $92K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.2%.
Frequently Asked Questions about Senior Citizens Housing Development Corporation Of Ville Platte
Is Senior Citizens Housing Development Corporation Of Ville Platte a legitimate charity?
Senior Citizens Housing Development Corporation Of Ville Platte (EIN: 721230203) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $573K. No red flags identified. Financial health grade: B.
How does Senior Citizens Housing Development Corporation Of Ville Platte spend its money?
Senior Citizens Housing Development Corporation Of Ville Platte reported $573K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Senior Citizens Housing Development Corporation Of Ville Platte tax-deductible?
Senior Citizens Housing Development Corporation Of Ville Platte is registered as a tax-exempt nonprofit (EIN: 721230203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Senior Citizens Housing Development Corporation Of Ville Platte located?
Senior Citizens Housing Development Corporation Of Ville Platte is headquartered in Ville Platte, Louisiana and files with the IRS under EIN 721230203.
How many years of IRS 990 filings does Senior Citizens Housing Development Corporation Of Ville Platte have?
Senior Citizens Housing Development Corporation Of Ville Platte 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 $573K in total revenue.
Filing History
IRS 990 filing history for Senior Citizens Housing Development Corporation Of Ville Platte showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Senior Citizens Housing Development Corporation Of Ville Platte's revenue has grown by 83%, moving from $306K to $560K. Total assets decreased by 21.5% over the same period, from $1.3M to $1.0M. Total functional expenses rose by 83%, from $357K to $652K. In its most recent filing year (2023), Senior Citizens Housing Development Corporation Of Ville Platte reported a deficit of $92K, with expenses exceeding revenue. The organization holds $320K in liabilities against $1.0M in assets (debt-to-asset ratio: 31.2%), resulting in net assets of $705K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $560K | $652K | $1.0M | $320K | — | — |
| 2022 | $516K | $610K | $956K | $158K | — | View 990 |
| 2021 | $520K | $565K | $965K | $74K | — | — |
| 2020 | $481K | $533K | $1.0M | $65K | — | View 990 |
| 2019 | $486K | $490K | $1.1M | $84K | — | View 990 |
| 2018 | $485K | $520K | $1.1M | $62K | — | View 990 |
| 2017 | $481K | $465K | $1.1M | $52K | — | View 990 |
| 2016 | $426K | $473K | $1.1M | $66K | — | View 990 |
| 2015 | $387K | $419K | $1.1M | $59K | — | View 990 |
| 2014 | $334K | $406K | $1.1M | $78K | — | View 990 |
| 2013 | $335K | $399K | $1.2M | $61K | — | View 990 |
| 2012 | $320K | $383K | $1.3M | $53K | — | View 990 |
| 2011 | $306K | $357K | $1.3M | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $560K, expenses of $652K, and assets of $1.0M (revenue +8.5% year-over-year).
- 2022: Revenue of $516K, expenses of $610K, and assets of $956K (revenue -0.8% year-over-year).
- 2021: Revenue of $520K, expenses of $565K, and assets of $965K (revenue +8.2% year-over-year).
- 2020: Revenue of $481K, expenses of $533K, and assets of $1.0M (revenue -1.1% year-over-year).
- 2019: Revenue of $486K, expenses of $490K, and assets of $1.1M (revenue +0.3% year-over-year).
- 2018: Revenue of $485K, expenses of $520K, and assets of $1.1M (revenue +0.7% year-over-year).
- 2017: Revenue of $481K, expenses of $465K, and assets of $1.1M (revenue +12.9% year-over-year).
- 2016: Revenue of $426K, expenses of $473K, and assets of $1.1M (revenue +10.3% year-over-year).
- 2015: Revenue of $387K, expenses of $419K, and assets of $1.1M (revenue +15.6% year-over-year).
- 2014: Revenue of $334K, expenses of $406K, and assets of $1.1M (revenue +-0.0% year-over-year).
- 2013: Revenue of $335K, expenses of $399K, and assets of $1.2M (revenue +4.5% year-over-year).
- 2012: Revenue of $320K, expenses of $383K, and assets of $1.3M (revenue +4.6% year-over-year).
- 2011: Revenue of $306K, expenses of $357K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Senior Citizens Housing Development Corporation Of Ville Platte:
Data Sources and Methodology
This transparency report for Senior Citizens Housing Development Corporation Of Ville Platte 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.