Smith Hill Realty Corp
EIN: 50379797 · Providence, RI
| Metric | Value |
|---|---|
| Total Revenue | $30K |
| Total Expenses | $43K |
| Net Assets | $-211,181 |
Is Smith Hill Realty Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Smith Hill Realty Corp
Smith Hill Realty Corp (EIN: 50379797) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $30K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Smith Hill Realty Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Smith Hill Realty Corp is a micro nonprofit that has been operating for 46 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $43K |
| Surplus / Deficit | $-13,409 |
| Total Assets | $152K |
| Total Liabilities | $364K |
| Net Assets | $-211,181 |
| Operating Margin | -44.7% |
| Debt-to-Asset Ratio | 238.5% |
| Months of Reserves | 42.1 months |
Financial Health Grade: C
In 2024, Smith Hill Realty Corp reported a deficit of $13K with expenses exceeding revenue, holds 42.1 months of operating reserves (strong position), has a debt-to-asset ratio of 238.5% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Smith Hill Realty Corp's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.0% | +31.1% | +363.3% |
| 2023 | +4.2% | -4.2% | -15.2% |
| 2022 | +0.0% | +3.5% | -13.4% |
| 2021 | -6.3% | -7.1% | -9.7% |
| 2020 | +6.7% | -37.5% | -12.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Smith Hill Realty Corp 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 Smith Hill Realty Corp 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 deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 238.5%.
Frequently Asked Questions about Smith Hill Realty Corp
Is Smith Hill Realty Corp a legitimate charity?
Smith Hill Realty Corp (EIN: 50379797) is a registered tax-exempt nonprofit based in Rhode Island. It has 14 years of IRS 990 filings on record. Total revenue: $30K. No red flags identified. Financial health grade: C.
How does Smith Hill Realty Corp spend its money?
Smith Hill Realty Corp reported $30K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Smith Hill Realty Corp tax-deductible?
Smith Hill Realty Corp is registered as a tax-exempt nonprofit (EIN: 50379797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Smith Hill Realty Corp located?
Smith Hill Realty Corp is headquartered in Providence, Rhode Island and files with the IRS under EIN 50379797.
How many years of IRS 990 filings does Smith Hill Realty Corp have?
Smith Hill Realty Corp has 14 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 $30K in total revenue.
Filing History
IRS 990 filing history for Smith Hill Realty Corp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Smith Hill Realty Corp's revenue has grown by 0%, moving from $30K to $30K. Total assets increased by 31.6% over the same period, from $116K to $152K. Total functional expenses rose by 52.2%, from $29K to $43K. In its most recent filing year (2024), Smith Hill Realty Corp reported a deficit of $13K, with expenses exceeding revenue. The organization holds $364K in liabilities against $152K in assets (debt-to-asset ratio: 238.5%), resulting in net assets of $-211,181.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $30K | $43K | $152K | $364K | — | — |
| 2023 | $31K | $33K | $33K | $231K | — | View 990 |
| 2022 | $30K | $35K | $39K | $235K | — | View 990 |
| 2021 | $30K | $33K | $45K | $236K | — | — |
| 2020 | $32K | $36K | $50K | $237K | — | View 990 |
| 2019 | $30K | $58K | $57K | $241K | — | View 990 |
| 2018 | $30K | $31K | $63K | $219K | — | View 990 |
| 2017 | $53K | $53K | $70K | $225K | — | View 990 |
| 2016 | $30K | $46K | $76K | $230K | — | View 990 |
| 2015 | $36K | $35K | $81K | $220K | — | View 990 |
| 2014 | $30K | $28K | $90K | $228K | — | View 990 |
| 2013 | $30K | $29K | $98K | $238K | — | View 990 |
| 2012 | $30K | $30K | $106K | $247K | — | View 990 |
| 2011 | $30K | $29K | $116K | $257K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $30K, expenses of $43K, and assets of $152K (revenue -4.0% year-over-year).
- 2023: Revenue of $31K, expenses of $33K, and assets of $33K (revenue +4.2% year-over-year).
- 2022: Revenue of $30K, expenses of $35K, and assets of $39K (revenue +0.0% year-over-year).
- 2021: Revenue of $30K, expenses of $33K, and assets of $45K (revenue -6.3% year-over-year).
- 2020: Revenue of $32K, expenses of $36K, and assets of $50K (revenue +6.7% year-over-year).
- 2019: Revenue of $30K, expenses of $58K, and assets of $57K (revenue +0.0% year-over-year).
- 2018: Revenue of $30K, expenses of $31K, and assets of $63K (revenue -43.0% year-over-year).
- 2017: Revenue of $53K, expenses of $53K, and assets of $70K (revenue +75.5% year-over-year).
- 2016: Revenue of $30K, expenses of $46K, and assets of $76K (revenue -15.8% year-over-year).
- 2015: Revenue of $36K, expenses of $35K, and assets of $81K (revenue +18.7% year-over-year).
- 2014: Revenue of $30K, expenses of $28K, and assets of $90K (revenue +0.0% year-over-year).
- 2013: Revenue of $30K, expenses of $29K, and assets of $98K (revenue +0.0% year-over-year).
- 2012: Revenue of $30K, expenses of $30K, and assets of $106K (revenue +0.0% year-over-year).
- 2011: Revenue of $30K, expenses of $29K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Smith Hill Realty Corp:
Data Sources and Methodology
This transparency report for Smith Hill Realty Corp 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.