St Anns Apartments Inc Delta Development Of Wny Inc
St Anns Apartments Inc Delta Development Of Wny Inc reports minimal revenue and significant liabilities, raising concerns about operational viability.
EIN: 161457662 · Buffalo, NY · NTEE: L20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $64 |
| Net Assets | $-3,155,128 |
| Transparency Score | 10/100 |
Is St Anns Apartments Inc Delta Development Of Wny Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About St Anns Apartments Inc Delta Development Of Wny Inc
St Anns Apartments Inc Delta Development Of Wny Inc (EIN: 161457662) is a nonprofit organization based in Buffalo, NY, classified under NTEE code L20Z. The organization reported total revenue of $1 and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Anns Apartments Inc Delta Development Of Wny Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Anns Apartments Inc Delta Development Of Wny Inc is a micro nonprofit that has been operating for 31 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $64 |
| Surplus / Deficit | $-63 |
| Total Assets | $5K |
| Total Liabilities | $3.2M |
| Net Assets | $-3,155,128 |
| Operating Margin | -6300.0% |
| Debt-to-Asset Ratio | 67416.6% |
| Months of Reserves | 878.8 months |
Financial Health Grade: C
In 2022, St Anns Apartments Inc Delta Development Of Wny Inc reported a deficit of $63 with expenses exceeding revenue, holds 878.8 months of operating reserves (strong position), has a debt-to-asset ratio of 67416.6% (high leverage).
Financial Trends
Over 9 years of filings (2011–2022), St Anns Apartments Inc Delta Development Of Wny Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +0.0% | -83.9% | -1.3% |
| 2021 | -100.0% | -98.7% | -7.7% |
| 2020 | +0.7% | +13.2% | -14.9% |
| 2019 | +4799900.0% | +288.0% | — |
| 2015 | +0.0% | +6797.1% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Anns Apartments Inc Delta Development Of Wny Inc with a Mission Score of 10 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.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, St Anns Apartments Inc Delta Development Of Wny Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $63, with expenses exceeding revenue.
- Debt-to-asset ratio: 67416.6%.
Executive Compensation Analysis
No officer compensation has been reported across all nine available filings, indicating that the organization is either entirely volunteer-run at the executive level or has no paid officers, which is unusual for an entity with significant liabilities.
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 St Anns Apartments Inc Delta Development Of Wny Inc's IRS 990 filings:
- Extremely low revenue ($1 in 2022 and 2021) compared to significant liabilities ($3,159,815 in 2022).
- High liabilities relative to assets ($4,687 assets vs. $3,159,815 liabilities in 2022).
- Minimal expenses ($64 in 2022) suggesting very limited or no program activity.
- Historical periods of negative assets (e.g., $-63,353 in 2015).
- Inconsistent financial performance over time, with periods of higher revenue followed by near-dormancy.
Strengths
The following positive indicators were identified for St Anns Apartments Inc Delta Development Of Wny Inc:
- Consistent filing of IRS 990 forms, indicating compliance with reporting requirements.
- No reported officer compensation, suggesting low overhead in terms of executive salaries.
Frequently Asked Questions about St Anns Apartments Inc Delta Development Of Wny Inc
Is St Anns Apartments Inc Delta Development Of Wny Inc a legitimate charity?
St Anns Apartments Inc Delta Development Of Wny Inc (EIN: 161457662) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 10/100. It has 9 years of IRS 990 filings on record. Total revenue: $1. 5 red flags identified. 2 strengths noted. Financial health grade: C.
How does St Anns Apartments Inc Delta Development Of Wny Inc spend its money?
St Anns Apartments Inc Delta Development Of Wny Inc reported $1 in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to St Anns Apartments Inc Delta Development Of Wny Inc tax-deductible?
St Anns Apartments Inc Delta Development Of Wny Inc is registered as a tax-exempt nonprofit (EIN: 161457662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does St Anns Apartments Inc Delta Development Of Wny Inc compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), St Anns Apartments Inc Delta Development Of Wny Inc is below average for NTEE category L20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Anns Apartments Inc Delta Development Of Wny Inc located?
St Anns Apartments Inc Delta Development Of Wny Inc is headquartered in Buffalo, New York and files with the IRS under EIN 161457662. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does St Anns Apartments Inc Delta Development Of Wny Inc have?
St Anns Apartments Inc Delta Development Of Wny Inc has 9 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 in total revenue.
Is St Anns Apartments Inc Delta Development Of Wny Inc actively operating?
The financial data, particularly the $1 in revenue and minimal expenses in 2021 and 2022, suggests very limited or no active operations. The significant liabilities, however, indicate ongoing financial obligations.
What is the nature of the $3.1 million in liabilities?
The IRS 990 filings consistently show liabilities exceeding $3 million, while assets are minimal. This large discrepancy warrants further investigation to understand if it represents long-term debt, mortgages, or other financial obligations that are not being actively serviced by current revenue.
How does the organization sustain itself with such low revenue?
With only $1 in revenue reported in recent years, it is unclear how the organization covers even its minimal expenses or manages its substantial liabilities. This suggests potential reliance on external support not reflected in revenue, or that it is largely dormant.
What programs, if any, are being delivered?
Given the extremely low expenses ($64 in 2022, $398 in 2021), it is highly unlikely that any significant programs related to housing and shelter (NTEE L20Z) are currently being delivered. The expenses appear to be administrative in nature.
Filing History
IRS 990 filing history for St Anns Apartments Inc Delta Development Of Wny Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), St Anns Apartments Inc Delta Development Of Wny Inc's revenue has grown by 0%, moving from $1 to $1. Total functional expenses fell by 99.8%, from $36K to $64. In its most recent filing year (2022), St Anns Apartments Inc Delta Development Of Wny Inc reported a deficit of $63, with expenses exceeding revenue. The organization holds $3.2M in liabilities against $5K in assets (debt-to-asset ratio: 67416.6%), resulting in net assets of $-3,155,128.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1 | $64 | $5K | $3.2M | — | View 990 |
| 2021 | $1 | $398 | $5K | $3.2M | — | View 990 |
| 2020 | $48K | $31K | $5K | $3.2M | — | View 990 |
| 2019 | $48K | $27K | $6K | $3.2M | — | View 990 |
| 2015 | $1 | $7K | $-63,353 | $1 | — | View 990 |
| 2014 | $1 | $102 | $-56,318 | $1 | — | View 990 |
| 2013 | $1 | $118 | $-56,216 | $1 | — | View 990 |
| 2012 | $36K | $0 | $-56,098 | $1 | — | View 990 |
| 2011 | $1 | $36K | $-91,632 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1, expenses of $64, and assets of $5K (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $398, and assets of $5K (revenue -100.0% year-over-year).
- 2020: Revenue of $48K, expenses of $31K, and assets of $5K (revenue +0.7% year-over-year).
- 2019: Revenue of $48K, expenses of $27K, and assets of $6K (revenue +4799900.0% year-over-year).
- 2015: Revenue of $1, expenses of $7K, and assets of $-63,353 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $102, and assets of $-56,318 (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $118, and assets of $-56,216 (revenue -100.0% year-over-year).
- 2012: Revenue of $36K, expenses of $0, and assets of $-56,098 (revenue +3553300.0% year-over-year).
- 2011: Revenue of $1, expenses of $36K, and assets of $-91,632.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Anns Apartments Inc Delta Development Of Wny Inc:
Data Sources and Methodology
This transparency report for St Anns Apartments Inc Delta Development Of Wny 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.