Snhs Elderly Housing Vii Inc
EIN: 260530601 · Manchester, NH · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $750K |
| Total Expenses | $978K |
| Net Assets | $-2,909,808 |
Is Snhs Elderly Housing Vii Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Snhs Elderly Housing Vii Inc
Snhs Elderly Housing Vii Inc (EIN: 260530601) is a nonprofit organization based in Manchester, NH, classified under NTEE code L22. The organization reported total revenue of $750K and total assets of $8.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Snhs Elderly Housing Vii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Snhs Elderly Housing Vii Inc is a small nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $726K |
| Total Expenses | $978K |
| Surplus / Deficit | $-252,213 |
| Total Assets | $8.1M |
| Total Liabilities | $11.0M |
| Net Assets | $-2,909,808 |
| Operating Margin | -34.8% |
| Debt-to-Asset Ratio | 135.8% |
| Months of Reserves | 99.9 months |
Financial Health Grade: C
In 2024, Snhs Elderly Housing Vii Inc reported a deficit of $252K with expenses exceeding revenue, holds 99.9 months of operating reserves (strong position), has a debt-to-asset ratio of 135.8% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Snhs Elderly Housing Vii Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.4% | +5.2% | -4.2% |
| 2023 | +7.9% | +1.5% | -2.5% |
| 2022 | +2.3% | +20.2% | -1.8% |
| 2021 | +1.7% | -14.8% | -1.1% |
| 2020 | +1.8% | -5.7% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Snhs Elderly Housing Vii Inc 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 Snhs Elderly Housing Vii Inc 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 $252K, with expenses exceeding revenue.
- Debt-to-asset ratio: 135.8%.
Frequently Asked Questions about Snhs Elderly Housing Vii Inc
Is Snhs Elderly Housing Vii Inc a legitimate charity?
Snhs Elderly Housing Vii Inc (EIN: 260530601) is a registered tax-exempt nonprofit based in New Hampshire. It has 14 years of IRS 990 filings on record. Total revenue: $750K. No red flags identified. Financial health grade: C.
How does Snhs Elderly Housing Vii Inc spend its money?
Snhs Elderly Housing Vii Inc reported $750K 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 Snhs Elderly Housing Vii Inc tax-deductible?
Snhs Elderly Housing Vii Inc is registered as a tax-exempt nonprofit (EIN: 260530601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Snhs Elderly Housing Vii Inc located?
Snhs Elderly Housing Vii Inc is headquartered in Manchester, New Hampshire and files with the IRS under EIN 260530601. It is classified under NTEE code L22.
How many years of IRS 990 filings does Snhs Elderly Housing Vii Inc have?
Snhs Elderly Housing Vii Inc 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 $750K in total revenue.
Filing History
IRS 990 filing history for Snhs Elderly Housing Vii Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Snhs Elderly Housing Vii Inc's revenue has grown by 232.7%, moving from $218K to $726K. Total assets increased by 58.1% over the same period, from $5.1M to $8.1M. Total functional expenses rose by 222.4%, from $303K to $978K. In its most recent filing year (2024), Snhs Elderly Housing Vii Inc reported a deficit of $252K, with expenses exceeding revenue. The organization holds $11.0M in liabilities against $8.1M in assets (debt-to-asset ratio: 135.8%), resulting in net assets of $-2,909,808.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $726K | $978K | $8.1M | $11.0M | — | — |
| 2023 | $709K | $929K | $8.5M | $11.2M | — | — |
| 2022 | $657K | $915K | $8.7M | $11.1M | — | View 990 |
| 2021 | $642K | $761K | $8.9M | $11.0M | — | — |
| 2020 | $632K | $894K | $9.0M | $11.0M | — | View 990 |
| 2019 | $620K | $948K | $9.3M | $11.1M | — | View 990 |
| 2018 | $615K | $859K | $9.5M | $11.0M | — | View 990 |
| 2017 | $613K | $872K | $9.8M | $11.0M | — | View 990 |
| 2016 | $618K | $982K | $10.2M | $11.2M | — | View 990 |
| 2015 | $610K | $801K | $10.4M | $11.0M | — | View 990 |
| 2014 | $612K | $763K | $10.6M | $11.0M | — | View 990 |
| 2013 | $447K | $599K | $8.1M | $8.4M | — | View 990 |
| 2012 | $374K | $488K | $8.3M | $8.5M | — | View 990 |
| 2011 | $218K | $303K | $5.1M | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $726K, expenses of $978K, and assets of $8.1M (revenue +2.4% year-over-year).
- 2023: Revenue of $709K, expenses of $929K, and assets of $8.5M (revenue +7.9% year-over-year).
- 2022: Revenue of $657K, expenses of $915K, and assets of $8.7M (revenue +2.3% year-over-year).
- 2021: Revenue of $642K, expenses of $761K, and assets of $8.9M (revenue +1.7% year-over-year).
- 2020: Revenue of $632K, expenses of $894K, and assets of $9.0M (revenue +1.8% year-over-year).
- 2019: Revenue of $620K, expenses of $948K, and assets of $9.3M (revenue +0.9% year-over-year).
- 2018: Revenue of $615K, expenses of $859K, and assets of $9.5M (revenue +0.3% year-over-year).
- 2017: Revenue of $613K, expenses of $872K, and assets of $9.8M (revenue -0.8% year-over-year).
- 2016: Revenue of $618K, expenses of $982K, and assets of $10.2M (revenue +1.3% year-over-year).
- 2015: Revenue of $610K, expenses of $801K, and assets of $10.4M (revenue -0.4% year-over-year).
- 2014: Revenue of $612K, expenses of $763K, and assets of $10.6M (revenue +37.1% year-over-year).
- 2013: Revenue of $447K, expenses of $599K, and assets of $8.1M (revenue +19.5% year-over-year).
- 2012: Revenue of $374K, expenses of $488K, and assets of $8.3M (revenue +71.3% year-over-year).
- 2011: Revenue of $218K, expenses of $303K, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Snhs Elderly Housing Vii Inc:
Data Sources and Methodology
This transparency report for Snhs Elderly Housing Vii 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.