St Johns Place Family Center Housing Development Fund Corporati
St Johns Place Family Center Housing Development Fund Corporation shows strong program focus with no reported executive compensation, but recent asset and liability growth warrants further scrutiny.
EIN: 133441465 · New York, NY · NTEE: L41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $3.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $2.7M |
| Transparency Score | 90/100 |
Is St Johns Place Family Center Housing Development Fund Corporati Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Johns Place Family Center Housing Development Fund Corporati directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Johns Place Family Center Housing Development Fund Corporati
St Johns Place Family Center Housing Development Fund Corporati (EIN: 133441465) is a nonprofit organization based in New York, NY, classified under NTEE code L41. The organization reported total revenue of $4.0M and total assets of $65.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Johns Place Family Center Housing Development Fund Corporati's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Johns Place Family Center Housing Development Fund Corporati is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $68.2M |
| Total Liabilities | $65.5M |
| Net Assets | $2.7M |
| Operating Margin | 25.0% |
| Debt-to-Asset Ratio | 96.0% |
| Months of Reserves | 241.5 months |
Financial Health Grade: A
In 2023, St Johns Place Family Center Housing Development Fund Corporati reported a surplus of $1.1M with revenue exceeding expenses, holds 241.5 months of operating reserves (strong position), has a debt-to-asset ratio of 96.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Johns Place Family Center Housing Development Fund Corporati's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +175.2% | +508.2% | +1821.0% |
| 2022 | -54.2% | -87.1% | +37.2% |
| 2021 | -13.4% | +13.0% | -24.5% |
| 2020 | +13.9% | +5.2% | +18.2% |
| 2019 | +3.3% | +4.0% | -11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Johns Place Family Center Housing Development Fund Corporati with a Mission Score of 90 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, St Johns Place Family Center Housing Development Fund Corporati allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 96.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a significant positive for an organization of its size, with revenues reaching over $4 million in recent periods.
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 Johns Place Family Center Housing Development Fund Corporati's IRS 990 filings:
- Significant and sudden increase in liabilities in the latest filing period (202306) from $1,970,140 to $65,481,201, which, while potentially tied to asset growth, requires detailed understanding of its nature and repayment terms.
Strengths
The following positive indicators were identified for St Johns Place Family Center Housing Development Fund Corporati:
- Consistent reporting of 0% officer compensation across all available filings, indicating efficient use of funds and strong commitment to mission.
- Strong program focus, as implied by the nature of the organization and generally healthy revenue-to-expense ratios.
- Substantial growth in assets to $68,188,242 in the latest period, suggesting successful expansion or development of housing initiatives.
- Generally stable financial operations with revenues often exceeding or closely matching expenses in prior periods.
Frequently Asked Questions about St Johns Place Family Center Housing Development Fund Corporati
Is St Johns Place Family Center Housing Development Fund Corporati a legitimate charity?
St Johns Place Family Center Housing Development Fund Corporati (EIN: 133441465) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does St Johns Place Family Center Housing Development Fund Corporati spend its money?
St Johns Place Family Center Housing Development Fund Corporati directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to St Johns Place Family Center Housing Development Fund Corporati tax-deductible?
St Johns Place Family Center Housing Development Fund Corporati is registered as a tax-exempt nonprofit (EIN: 133441465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Johns Place Family Center Housing Development Fund Corporati CEO make?
St Johns Place Family Center Housing Development Fund Corporati's highest-compensated officer earns $4 annually. The organization reported $4.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Johns Place Family Center Housing Development Fund Corporati's spending goes to programs?
St Johns Place Family Center Housing Development Fund Corporati directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Johns Place Family Center Housing Development Fund Corporati compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), St Johns Place Family Center Housing Development Fund Corporati is above average for NTEE category L41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Johns Place Family Center Housing Development Fund Corporati located?
St Johns Place Family Center Housing Development Fund Corporati is headquartered in New York, New York and files with the IRS under EIN 133441465. It is classified under NTEE code L41.
How many years of IRS 990 filings does St Johns Place Family Center Housing Development Fund Corporati have?
St Johns Place Family Center Housing Development Fund Corporati 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 $4.0M in total revenue.
What caused the dramatic increase in assets and liabilities from 202206 to 202306?
The organization's assets surged from $3,549,559 to $68,188,242, and liabilities from $1,970,140 to $65,481,201 in the latest filing period. This significant change likely indicates a major acquisition of property or a substantial development project, which would typically be financed through debt.
How does St Johns Place Family Center Housing Development Fund Corporation fund its operations given no reported officer compensation?
The absence of reported officer compensation suggests that leadership may be volunteer-based or compensated through an affiliated entity. This practice can reduce administrative overhead, allowing more funds to be directed towards program services.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the summary data doesn't provide a detailed breakdown, the consistent operational efficiency and the nature of a housing development fund corporation (NTEE L41) typically imply a high percentage of expenses are directly related to housing programs and services. A deeper dive into the full 990 forms would be needed for precise figures.
Filing History
IRS 990 filing history for St Johns Place Family Center Housing Development Fund Corporati showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Johns Place Family Center Housing Development Fund Corporati's revenue has grown by 51%, moving from $3.0M to $4.5M. Total assets increased by 3215.1% over the same period, from $2.1M to $68.2M. Total functional expenses rose by 13.5%, from $3.0M to $3.4M. In its most recent filing year (2023), St Johns Place Family Center Housing Development Fund Corporati reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $65.5M in liabilities against $68.2M in assets (debt-to-asset ratio: 96.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $3.4M | $68.2M | $65.5M | — | View 990 |
| 2022 | $1.6M | $557K | $3.5M | $2.0M | — | View 990 |
| 2021 | $3.6M | $4.3M | $2.6M | $2.1M | — | View 990 |
| 2020 | $4.1M | $3.8M | $3.4M | $2.2M | — | View 990 |
| 2019 | $3.6M | $3.6M | $2.9M | $2.0M | — | View 990 |
| 2018 | $3.5M | $3.5M | $3.3M | $2.0M | — | View 990 |
| 2017 | $3.3M | $3.4M | $3.6M | $2.3M | — | View 990 |
| 2016 | $3.1M | $3.1M | $3.6M | $2.3M | — | View 990 |
| 2015 | $3.0M | $3.0M | $3.5M | $2.2M | — | View 990 |
| 2014 | $3.1M | $3.0M | $3.9M | $2.6M | — | View 990 |
| 2013 | $3.0M | $3.0M | $4.0M | $2.7M | — | View 990 |
| 2012 | $2.9M | $2.9M | $4.0M | $2.7M | — | View 990 |
| 2011 | $3.0M | $3.0M | $2.1M | $780K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $3.4M, and assets of $68.2M (revenue +175.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $557K, and assets of $3.5M (revenue -54.2% year-over-year).
- 2021: Revenue of $3.6M, expenses of $4.3M, and assets of $2.6M (revenue -13.4% year-over-year).
- 2020: Revenue of $4.1M, expenses of $3.8M, and assets of $3.4M (revenue +13.9% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.6M, and assets of $2.9M (revenue +3.3% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.5M, and assets of $3.3M (revenue +6.5% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.4M, and assets of $3.6M (revenue +8.0% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.1M, and assets of $3.6M (revenue +3.1% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.0M, and assets of $3.5M (revenue -3.9% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.0M, and assets of $3.9M (revenue +4.2% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.0M, and assets of $4.0M (revenue +3.3% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.9M, and assets of $4.0M (revenue -4.0% year-over-year).
- 2011: Revenue of $3.0M, expenses of $3.0M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Johns Place Family Center Housing Development Fund Corporati:
Data Sources and Methodology
This transparency report for St Johns Place Family Center Housing Development Fund Corporati 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.