Sfers Real Estate Corp Ii
Sfers Real Estate Corp II reports $0 revenue and assets in its latest filing after years of multi-million dollar operations.
EIN: 200219664 · Los Angeles, CA · Updated: 2026-03-28
Is Sfers Real Estate Corp Ii Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sfers Real Estate Corp Ii directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sfers Real Estate Corp Ii
Sfers Real Estate Corp Ii (EIN: 200219664) is a nonprofit organization based in Los Angeles, CA. 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 Sfers Real Estate Corp Ii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sfers Real Estate Corp Ii is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $3.1M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $50.6M |
| Total Liabilities | $19.3M |
| Net Assets | $31.3M |
| Operating Margin | 30.5% |
| Debt-to-Asset Ratio | 38.1% |
| Months of Reserves | 192.8 months |
Financial Health Grade: A
In 2016, Sfers Real Estate Corp Ii reported a surplus of $1.4M with revenue exceeding expenses, holds 192.8 months of operating reserves (strong position), has a debt-to-asset ratio of 38.1% (moderate leverage).
Financial Trends
Over 6 years of filings (2011–2016), Sfers Real Estate Corp Ii's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +2.5% | -6.1% | +4.3% |
| 2015 | +3.1% | -3.8% | +2.7% |
| 2014 | +1.5% | +22.6% | +0.7% |
| 2013 | +8.9% | +20.8% | +7.1% |
| 2012 | -1.9% | -14.5% | +3.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sfers Real Estate Corp Ii with a Mission Score of 45 out of 100 (Fair). 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, Sfers Real Estate Corp Ii allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, suggesting either a volunteer board or that compensation is managed and reported by a related entity, which is common for real estate holding corporations.
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 Sfers Real Estate Corp Ii's IRS 990 filings:
- Sudden and unexplained drop to $0 revenue and assets in the latest filing, indicating a potential cessation of operations or significant structural change.
- Lack of NTEE code and clear mission statement makes it difficult to assess charitable purpose and impact.
- Absence of detailed expense breakdown hinders analysis of spending efficiency and program vs. administrative costs.
Strengths
The following positive indicators were identified for Sfers Real Estate Corp Ii:
- Consistent filing history for previous periods, indicating compliance with IRS reporting requirements.
- Historically managed significant assets (over $42 million) and generated substantial revenue (over $3.8 million) in prior years.
Frequently Asked Questions about Sfers Real Estate Corp Ii
Is Sfers Real Estate Corp Ii a legitimate charity?
Based on AI analysis of IRS 990 filings, Sfers Real Estate Corp Ii (EIN: 200219664) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Sfers Real Estate Corp Ii spend its money?
Sfers Real Estate Corp Ii directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sfers Real Estate Corp Ii tax-deductible?
Sfers Real Estate Corp Ii is registered as a tax-exempt nonprofit (EIN: 200219664). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the sudden drop to $0 revenue and assets in the latest filing?
The provided data does not offer an explanation for the drastic change from multi-million dollar revenues and assets to $0 in the latest period. This could indicate a cessation of operations, a merger, or a change in reporting structure.
What is the specific mission or purpose of Sfers Real Estate Corp II?
The NTEE code is unknown, and the name suggests a real estate holding or management function. Without further information, the specific charitable mission is unclear.
How are the significant expenses (e.g., $3,149,565 in 2016) categorized?
The provided data only shows total expenses. A detailed breakdown of program, administrative, and fundraising expenses is needed to assess spending efficiency and mission alignment.
Is officer compensation truly zero, or is it paid by a related entity?
While the filings consistently show 0% officer compensation, in complex real estate structures, it's possible that compensation for management is handled by a parent or related organization, which would not be reflected in these specific filings.
Filing History
IRS 990 filing history for Sfers Real Estate Corp Ii showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Sfers Real Estate Corp Ii's revenue has grown by 14.5%, moving from $4.0M to $4.5M. Total assets increased by 19.3% over the same period, from $42.4M to $50.6M. Total functional expenses rose by 14.5%, from $2.8M to $3.1M. In its most recent filing year (2016), Sfers Real Estate Corp Ii reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $19.3M in liabilities against $50.6M in assets (debt-to-asset ratio: 38.1%), resulting in net assets of $31.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $4.5M | $3.1M | $50.6M | $19.3M | — | View 990 |
| 2015 | $4.4M | $3.4M | $48.5M | $19.5M | — | View 990 |
| 2014 | $4.3M | $3.5M | $47.2M | $19.9M | — | View 990 |
| 2013 | $4.2M | $2.8M | $46.9M | $20.0M | — | View 990 |
| 2012 | $3.9M | $2.4M | $43.8M | $19.5M | — | View 990 |
| 2011 | $4.0M | $2.8M | $42.4M | $19.4M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $4.5M, expenses of $3.1M, and assets of $50.6M (revenue +2.5% year-over-year).
- 2015: Revenue of $4.4M, expenses of $3.4M, and assets of $48.5M (revenue +3.1% year-over-year).
- 2014: Revenue of $4.3M, expenses of $3.5M, and assets of $47.2M (revenue +1.5% year-over-year).
- 2013: Revenue of $4.2M, expenses of $2.8M, and assets of $46.9M (revenue +8.9% year-over-year).
- 2012: Revenue of $3.9M, expenses of $2.4M, and assets of $43.8M (revenue -1.9% year-over-year).
- 2011: Revenue of $4.0M, expenses of $2.8M, and assets of $42.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sfers Real Estate Corp Ii:
Data Sources and Methodology
This transparency report for Sfers Real Estate Corp Ii 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.