Snhs Ashland Elderly Housing Inc
Snhs Ashland Elderly Housing Inc consistently operates at a deficit with declining assets and stable liabilities.
EIN: 203064137 · Manchester, NH · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $273K |
| Total Expenses | $331K |
| Program Spending | 80% |
| Net Assets | $-1,043,904 |
| Transparency Score | 65/100 |
Is Snhs Ashland Elderly Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Snhs Ashland Elderly Housing Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Snhs Ashland Elderly Housing Inc
Snhs Ashland Elderly Housing Inc (EIN: 203064137) is a nonprofit organization based in Manchester, NH, classified under NTEE code L21. The organization reported total revenue of $273K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Snhs Ashland Elderly Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Snhs Ashland Elderly Housing Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $331K |
| Surplus / Deficit | $-76,525 |
| Total Assets | $2.4M |
| Total Liabilities | $3.5M |
| Net Assets | $-1,043,904 |
| Operating Margin | -30.1% |
| Debt-to-Asset Ratio | 142.9% |
| Months of Reserves | 88.3 months |
Financial Health Grade: C
In 2024, Snhs Ashland Elderly Housing Inc reported a deficit of $77K with expenses exceeding revenue, holds 88.3 months of operating reserves (strong position), has a debt-to-asset ratio of 142.9% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Snhs Ashland Elderly Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.6% | -5.8% | -3.5% |
| 2023 | +0.9% | +11.1% | -3.4% |
| 2022 | +32.8% | -1.6% | -3.2% |
| 2021 | -14.3% | +18.6% | -3.9% |
| 2020 | +1.0% | -10.5% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Snhs Ashland Elderly Housing Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Snhs Ashland Elderly Housing Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 142.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is a positive sign for resource allocation to the mission.
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 Snhs Ashland Elderly Housing Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) across multiple years, e.g., $330,686 expenses vs. $254,161 revenue in 202406.
- Declining asset base over time, from $3,193,473 in 201506 to $2,432,316 in 202406.
- Liabilities consistently exceed assets, indicating a negative net asset position and potential solvency issues.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Snhs Ashland Elderly Housing Inc:
- 0% officer compensation reported across all filings, indicating a commitment to directing funds towards the mission rather than executive salaries.
- Long history of IRS 990 filings (13 filings), suggesting a consistent level of transparency in reporting.
Frequently Asked Questions about Snhs Ashland Elderly Housing Inc
Is Snhs Ashland Elderly Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Snhs Ashland Elderly Housing Inc (EIN: 203064137) some concerns. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
How does Snhs Ashland Elderly Housing Inc spend its money?
Snhs Ashland Elderly Housing Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Snhs Ashland Elderly Housing Inc tax-deductible?
Snhs Ashland Elderly Housing Inc is registered as a tax-exempt nonprofit (EIN: 203064137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Snhs Ashland Elderly Housing Inc's spending goes to programs?
Snhs Ashland Elderly Housing Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Snhs Ashland Elderly Housing Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Snhs Ashland Elderly Housing Inc is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Snhs Ashland Elderly Housing Inc located?
Snhs Ashland Elderly Housing Inc is headquartered in Manchester, New Hampshire and files with the IRS under EIN 203064137. It is classified under NTEE code L21.
How many years of IRS 990 filings does Snhs Ashland Elderly Housing Inc have?
Snhs Ashland Elderly Housing Inc 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 $273K in total revenue.
Is Snhs Ashland Elderly Housing Inc financially sustainable?
The organization has consistently reported expenses exceeding revenue, leading to operational deficits. Its assets have also been declining while liabilities remain stable and higher than assets, raising concerns about long-term financial sustainability without significant changes to its funding model or expense structure.
How does the 0% officer compensation impact the organization?
The 0% officer compensation across all filings suggests that leadership is either volunteer-based or compensated through a related entity, which could allow more of the organization's direct revenue to be allocated to its programs, enhancing efficiency.
What is the trend in the organization's asset base?
The organization's assets have shown a consistent decline over the past decade, from $3,193,473 in 201506 to $2,432,316 in 202406, indicating a gradual erosion of its financial reserves.
Are the liabilities a concern for Snhs Ashland Elderly Housing Inc?
Yes, liabilities have consistently exceeded assets, for example, $3,476,220 in liabilities versus $2,432,316 in assets in 202406. This indicates a significant debt burden relative to its holdings, which could impact its financial flexibility and risk profile.
Filing History
IRS 990 filing history for Snhs Ashland Elderly Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Snhs Ashland Elderly Housing Inc's revenue has grown by 30.3%, moving from $195K to $254K. Total assets decreased by 28.5% over the same period, from $3.4M to $2.4M. Total functional expenses rose by 15.1%, from $287K to $331K. In its most recent filing year (2024), Snhs Ashland Elderly Housing Inc reported a deficit of $77K, with expenses exceeding revenue. The organization holds $3.5M in liabilities against $2.4M in assets (debt-to-asset ratio: 142.9%), resulting in net assets of $-1,043,904.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $254K | $331K | $2.4M | $3.5M | — | — |
| 2023 | $248K | $351K | $2.5M | $3.5M | — | — |
| 2022 | $246K | $316K | $2.6M | $3.5M | — | View 990 |
| 2021 | $185K | $321K | $2.7M | $3.5M | — | — |
| 2020 | $216K | $271K | $2.8M | $3.5M | — | View 990 |
| 2019 | $214K | $303K | $2.9M | $3.5M | — | View 990 |
| 2018 | $213K | $277K | $3.0M | $3.5M | — | View 990 |
| 2017 | $208K | $309K | $3.0M | $3.5M | — | View 990 |
| 2016 | $213K | $288K | $3.1M | $3.5M | — | View 990 |
| 2015 | $213K | $282K | $3.2M | $3.5M | — | View 990 |
| 2014 | $211K | $281K | $3.3M | $3.5M | — | View 990 |
| 2013 | $206K | $274K | $3.3M | $3.5M | — | View 990 |
| 2012 | $195K | $287K | $3.4M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $254K, expenses of $331K, and assets of $2.4M (revenue +2.6% year-over-year).
- 2023: Revenue of $248K, expenses of $351K, and assets of $2.5M (revenue +0.9% year-over-year).
- 2022: Revenue of $246K, expenses of $316K, and assets of $2.6M (revenue +32.8% year-over-year).
- 2021: Revenue of $185K, expenses of $321K, and assets of $2.7M (revenue -14.3% year-over-year).
- 2020: Revenue of $216K, expenses of $271K, and assets of $2.8M (revenue +1.0% year-over-year).
- 2019: Revenue of $214K, expenses of $303K, and assets of $2.9M (revenue +0.4% year-over-year).
- 2018: Revenue of $213K, expenses of $277K, and assets of $3.0M (revenue +2.1% year-over-year).
- 2017: Revenue of $208K, expenses of $309K, and assets of $3.0M (revenue -2.3% year-over-year).
- 2016: Revenue of $213K, expenses of $288K, and assets of $3.1M (revenue +0.2% year-over-year).
- 2015: Revenue of $213K, expenses of $282K, and assets of $3.2M (revenue +1.1% year-over-year).
- 2014: Revenue of $211K, expenses of $281K, and assets of $3.3M (revenue +2.2% year-over-year).
- 2013: Revenue of $206K, expenses of $274K, and assets of $3.3M (revenue +5.7% year-over-year).
- 2012: Revenue of $195K, expenses of $287K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Snhs Ashland Elderly Housing Inc:
Data Sources and Methodology
This transparency report for Snhs Ashland Elderly Housing Inc 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.