St Agnes Senior Citizen Housing De Velopment Fund Company Inc
St Agnes Senior Citizen Housing De Velopment Fund Company Inc shows consistent revenue growth and zero officer compensation over the past decade.
EIN: 112965433 · Hicksville, NY · NTEE: L40Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $958K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4.5 |
| Net Assets | $2.6M |
| Transparency Score | 95/100 |
Is St Agnes Senior Citizen Housing De Velopment Fund Company Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Agnes Senior Citizen Housing De Velopment Fund Company Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Agnes Senior Citizen Housing De Velopment Fund Company Inc
St Agnes Senior Citizen Housing De Velopment Fund Company Inc (EIN: 112965433) is a nonprofit organization based in Hicksville, NY, classified under NTEE code L40Z. The organization reported total revenue of $1.8M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Agnes Senior Citizen Housing De Velopment Fund Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Agnes Senior Citizen Housing De Velopment Fund Company Inc is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). 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 | $1.6M |
| Total Expenses | $958K |
| Surplus / Deficit | +$688K |
| Total Assets | $4.5M |
| Total Liabilities | $2.0M |
| Net Assets | $2.6M |
| Operating Margin | 41.8% |
| Debt-to-Asset Ratio | 43.2% |
| Months of Reserves | 56.8 months |
Financial Health Grade: A
In 2023, St Agnes Senior Citizen Housing De Velopment Fund Company Inc reported a surplus of $688K with revenue exceeding expenses, holds 56.8 months of operating reserves (strong position), has a debt-to-asset ratio of 43.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Agnes Senior Citizen Housing De Velopment Fund Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.7% | -9.8% | +11.7% |
| 2022 | +3.4% | +5.6% | +3.8% |
| 2021 | +2.3% | +3.1% | +3.3% |
| 2020 | -0.7% | +2.2% | +3.1% |
| 2019 | -0.8% | -4.5% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 St Agnes Senior Citizen Housing De Velopment Fund Company Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, St Agnes Senior Citizen Housing De Velopment Fund Company Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $688K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is a significant positive for a nonprofit of its size, with assets exceeding $4.5 million in 2023.
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.
Strengths
The following positive indicators were identified for St Agnes Senior Citizen Housing De Velopment Fund Company Inc:
- Consistent revenue growth, increasing from $1,288,110 in 2019 to $1,645,992 in 2023.
- Zero officer compensation reported across all 13 filings, indicating high efficiency and transparency.
- Strong asset growth from $3,668,406 in 2019 to $4,531,455 in 2023.
- Decreasing liabilities, from $2,677,305 in 2019 to $1,956,591 in 2023, improving financial stability.
- High program spending ratio, estimated at 90% based on the absence of fundraising expenses and low administrative overhead.
Frequently Asked Questions about St Agnes Senior Citizen Housing De Velopment Fund Company Inc
Is St Agnes Senior Citizen Housing De Velopment Fund Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Agnes Senior Citizen Housing De Velopment Fund Company Inc (EIN: 112965433) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does St Agnes Senior Citizen Housing De Velopment Fund Company Inc spend its money?
St Agnes Senior Citizen Housing De Velopment Fund Company Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Agnes Senior Citizen Housing De Velopment Fund Company Inc tax-deductible?
St Agnes Senior Citizen Housing De Velopment Fund Company Inc is registered as a tax-exempt nonprofit (EIN: 112965433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Agnes Senior Citizen Housing De Velopment Fund Company Inc CEO make?
St Agnes Senior Citizen Housing De Velopment Fund Company Inc's highest-compensated officer earns $4.5 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does St Agnes Senior Citizen Housing De Velopment Fund Company Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), St Agnes Senior Citizen Housing De Velopment Fund Company Inc is above average for NTEE category L40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Agnes Senior Citizen Housing De Velopment Fund Company Inc located?
St Agnes Senior Citizen Housing De Velopment Fund Company Inc is headquartered in Hicksville, New York and files with the IRS under EIN 112965433. It is classified under NTEE code L40Z.
How many years of IRS 990 filings does St Agnes Senior Citizen Housing De Velopment Fund Company Inc have?
St Agnes Senior Citizen Housing De Velopment Fund Company 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 $1.8M in total revenue.
Is St Agnes Senior Citizen Housing De Velopment Fund Company Inc a good charity?
Based on its financial data, St Agnes Senior Citizen Housing De Velopment Fund Company Inc appears to be a very good charity. It consistently dedicates a high percentage of its expenses to programs, has zero officer compensation, and demonstrates strong financial growth and asset accumulation.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved. Revenue has grown from $1,017,006 in 2014 to $1,645,992 in 2023, and assets have increased from $3,383,911 to $4,531,455 over the same period, while liabilities have decreased significantly from $3,195,943 to $1,956,591.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This means no officers are paid salaries by the organization, which is a strong indicator of resource dedication to its mission.
Filing History
IRS 990 filing history for St Agnes Senior Citizen Housing De Velopment Fund Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Agnes Senior Citizen Housing De Velopment Fund Company Inc's revenue has grown by 41.5%, moving from $1.2M to $1.6M. Total assets increased by 32.6% over the same period, from $3.4M to $4.5M. Total functional expenses fell by 5.6%, from $1.0M to $958K. In its most recent filing year (2023), St Agnes Senior Citizen Housing De Velopment Fund Company Inc reported a surplus of $688K, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $4.5M in assets (debt-to-asset ratio: 43.2%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $958K | $4.5M | $2.0M | — | — |
| 2022 | $1.4M | $1.1M | $4.1M | $2.2M | — | View 990 |
| 2021 | $1.3M | $1.0M | $3.9M | $2.3M | — | View 990 |
| 2020 | $1.3M | $976K | $3.8M | $2.5M | — | View 990 |
| 2019 | $1.3M | $955K | $3.7M | $2.7M | — | View 990 |
| 2018 | $1.3M | $1000K | $3.5M | $2.8M | — | View 990 |
| 2017 | $1.1M | $1.0M | $3.3M | $2.9M | — | View 990 |
| 2016 | $1.0M | $940K | $3.3M | $3.0M | — | View 990 |
| 2015 | $1.0M | $992K | $3.3M | $3.1M | — | View 990 |
| 2014 | $1.0M | $1.1M | $3.4M | $3.2M | — | View 990 |
| 2013 | $1.0M | $1.0M | $3.5M | $3.2M | — | View 990 |
| 2012 | $1.2M | $985K | $3.5M | $3.3M | — | View 990 |
| 2011 | $1.2M | $1.0M | $3.4M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $958K, and assets of $4.5M (revenue +21.7% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.1M, and assets of $4.1M (revenue +3.4% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.0M, and assets of $3.9M (revenue +2.3% year-over-year).
- 2020: Revenue of $1.3M, expenses of $976K, and assets of $3.8M (revenue -0.7% year-over-year).
- 2019: Revenue of $1.3M, expenses of $955K, and assets of $3.7M (revenue -0.8% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1000K, and assets of $3.5M (revenue +23.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $3.3M (revenue +1.1% year-over-year).
- 2016: Revenue of $1.0M, expenses of $940K, and assets of $3.3M (revenue +1.6% year-over-year).
- 2015: Revenue of $1.0M, expenses of $992K, and assets of $3.3M (revenue +0.8% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $3.4M (revenue -0.5% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.0M, and assets of $3.5M (revenue -12.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $985K, and assets of $3.5M (revenue +0.1% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.0M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Agnes Senior Citizen Housing De Velopment Fund Company Inc:
Data Sources and Methodology
This transparency report for St Agnes Senior Citizen Housing De Velopment Fund Company 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.