Southern Hills Senior Residences Inc
Southern Hills Senior Residences Inc. faces persistent operating deficits and declining assets.
EIN: 208387850 · Wichita, KS · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $385K |
| Total Expenses | $458K |
| Program Spending | 80% |
| Net Assets | $2.5M |
| Transparency Score | 70/100 |
Is Southern Hills Senior Residences Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern Hills Senior Residences Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Hills Senior Residences Inc
Southern Hills Senior Residences Inc (EIN: 208387850) is a nonprofit organization based in Wichita, KS, classified under NTEE code L21. The organization reported total revenue of $385K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Hills Senior Residences Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Hills Senior Residences Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $292K |
| Total Expenses | $458K |
| Surplus / Deficit | $-165,456 |
| Total Assets | $2.6M |
| Total Liabilities | $85K |
| Net Assets | $2.5M |
| Operating Margin | -56.6% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 68.2 months |
Financial Health Grade: B
In 2023, Southern Hills Senior Residences Inc reported a deficit of $165K with expenses exceeding revenue, holds 68.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Southern Hills Senior Residences Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.2% | -1.8% | -5.6% |
| 2022 | -1.4% | +6.4% | -5.5% |
| 2021 | -1.7% | +5.2% | -6.1% |
| 2020 | -4.0% | -0.5% | -3.9% |
| 2019 | +16.1% | -2.6% | -3.2% |
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 Southern Hills Senior Residences Inc with a Mission Score of 70 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, Southern Hills Senior Residences 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $165K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for minimizing administrative overhead.
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 Southern Hills Senior Residences Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $457,746 expenses vs. $292,290 revenue in 2023)
- Declining asset base over the past decade (from $3.88M in 2014 to $2.60M in 2023)
Strengths
The following positive indicators were identified for Southern Hills Senior Residences Inc:
- No reported officer compensation, indicating low executive overhead
- Stable and relatively low liabilities, suggesting responsible debt management
- Consistent IRS 990 filing history, demonstrating transparency
Frequently Asked Questions about Southern Hills Senior Residences Inc
Is Southern Hills Senior Residences Inc a legitimate charity?
Southern Hills Senior Residences Inc (EIN: 208387850) is a registered tax-exempt nonprofit based in Kansas. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $385K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Southern Hills Senior Residences Inc spend its money?
Southern Hills Senior Residences Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Southern Hills Senior Residences Inc tax-deductible?
Southern Hills Senior Residences Inc is registered as a tax-exempt nonprofit (EIN: 208387850). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southern Hills Senior Residences Inc's spending goes to programs?
Southern Hills Senior Residences Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southern Hills Senior Residences Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Southern Hills Senior Residences 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 Southern Hills Senior Residences Inc located?
Southern Hills Senior Residences Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 208387850. It is classified under NTEE code L21.
How many years of IRS 990 filings does Southern Hills Senior Residences Inc have?
Southern Hills Senior Residences Inc has 12 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 $385K in total revenue.
How does Southern Hills Senior Residences Inc. cover its consistent operating deficits?
The organization consistently spends more than it earns, for example, $457,746 in expenses against $292,290 in revenue in 2023. This suggests it is either drawing down on its assets or receiving significant non-operating income not reflected in the provided revenue figures to cover the shortfall.
What is the long-term strategy for addressing the declining asset base?
The organization's assets have decreased from $3,888,204 in 2014 to $2,603,358 in 2023. A clear strategy for asset preservation or growth would be beneficial to ensure long-term stability.
Are there plans to increase revenue or reduce expenses to achieve financial sustainability?
Given the consistent operating losses, understanding the organization's plans to balance its budget through increased revenue generation or expense management is crucial for its future.
Filing History
IRS 990 filing history for Southern Hills Senior Residences Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Southern Hills Senior Residences Inc's revenue has grown by 37.5%, moving from $213K to $292K. Total assets decreased by 37.3% over the same period, from $4.2M to $2.6M. Total functional expenses rose by 29.2%, from $354K to $458K. In its most recent filing year (2023), Southern Hills Senior Residences Inc reported a deficit of $165K, with expenses exceeding revenue. The organization holds $85K in liabilities against $2.6M in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $292K | $458K | $2.6M | $85K | — | View 990 |
| 2022 | $296K | $466K | $2.8M | $75K | — | View 990 |
| 2021 | $300K | $438K | $2.9M | $64K | — | View 990 |
| 2020 | $305K | $416K | $3.1M | $116K | — | View 990 |
| 2019 | $318K | $419K | $3.2M | $131K | — | View 990 |
| 2018 | $274K | $430K | $3.3M | $139K | — | View 990 |
| 2017 | $271K | $390K | $3.5M | $132K | — | View 990 |
| 2016 | $250K | $399K | $3.6M | $142K | — | View 990 |
| 2015 | $230K | $376K | $3.8M | $125K | — | View 990 |
| 2014 | $227K | $375K | $3.9M | $114K | — | View 990 |
| 2013 | $217K | $392K | $4.0M | $95K | — | View 990 |
| 2012 | $213K | $354K | $4.2M | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $292K, expenses of $458K, and assets of $2.6M (revenue -1.2% year-over-year).
- 2022: Revenue of $296K, expenses of $466K, and assets of $2.8M (revenue -1.4% year-over-year).
- 2021: Revenue of $300K, expenses of $438K, and assets of $2.9M (revenue -1.7% year-over-year).
- 2020: Revenue of $305K, expenses of $416K, and assets of $3.1M (revenue -4.0% year-over-year).
- 2019: Revenue of $318K, expenses of $419K, and assets of $3.2M (revenue +16.1% year-over-year).
- 2018: Revenue of $274K, expenses of $430K, and assets of $3.3M (revenue +0.9% year-over-year).
- 2017: Revenue of $271K, expenses of $390K, and assets of $3.5M (revenue +8.5% year-over-year).
- 2016: Revenue of $250K, expenses of $399K, and assets of $3.6M (revenue +8.9% year-over-year).
- 2015: Revenue of $230K, expenses of $376K, and assets of $3.8M (revenue +0.9% year-over-year).
- 2014: Revenue of $227K, expenses of $375K, and assets of $3.9M (revenue +4.9% year-over-year).
- 2013: Revenue of $217K, expenses of $392K, and assets of $4.0M (revenue +2.0% year-over-year).
- 2012: Revenue of $213K, expenses of $354K, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Hills Senior Residences Inc:
Data Sources and Methodology
This transparency report for Southern Hills Senior Residences 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.