Starved Rock Homes Development Corp
EIN: 362903123 · Ottawa, IL
| Metric | Value |
|---|---|
| Total Revenue | $446K |
| Total Expenses | $106K |
| Net Assets | $1.3M |
Is Starved Rock Homes Development Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Starved Rock Homes Development Corp
Starved Rock Homes Development Corp (EIN: 362903123) is a nonprofit organization based in Ottawa, IL. The organization reported total revenue of $446K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Starved Rock Homes Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Starved Rock Homes Development Corp is a small 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 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $397K |
| Total Expenses | $106K |
| Surplus / Deficit | +$291K |
| Total Assets | $1.3M |
| Total Liabilities | $3K |
| Net Assets | $1.3M |
| Operating Margin | 73.4% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 152.2 months |
Financial Health Grade: A
In 2023, Starved Rock Homes Development Corp reported a surplus of $291K with revenue exceeding expenses, holds 152.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Starved Rock Homes Development Corp's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.5% | -1.3% | +27.5% |
| 2022 | -18.0% | +15.1% | +13.7% |
| 2021 | +42.2% | -9.8% | +4.5% |
| 2020 | +24.5% | +14.7% | -4.2% |
| 2019 | -48.3% | -65.7% | +7.2% |
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 Analysis Pending
AI enrichment for Starved Rock Homes Development Corp 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 Starved Rock Homes Development Corp 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $291K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Starved Rock Homes Development Corp
Is Starved Rock Homes Development Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Starved Rock Homes Development Corp (EIN: 362903123) insufficient data. 0 red flags identified, 0 strengths noted.
How does Starved Rock Homes Development Corp spend its money?
Detailed spending breakdown data is not yet available for Starved Rock Homes Development Corp. Check back for updated IRS 990 analysis.
Are donations to Starved Rock Homes Development Corp tax-deductible?
Starved Rock Homes Development Corp is registered as a tax-exempt nonprofit (EIN: 362903123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Starved Rock Homes Development Corp located?
Starved Rock Homes Development Corp is headquartered in Ottawa, Illinois and files with the IRS under EIN 362903123.
How many years of IRS 990 filings does Starved Rock Homes Development Corp have?
Starved Rock Homes Development Corp 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 $446K in total revenue.
Filing History
IRS 990 filing history for Starved Rock Homes Development Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Starved Rock Homes Development Corp's revenue has grown by 13%, moving from $352K to $397K. Total assets increased by 473.7% over the same period, from $234K to $1.3M. Total functional expenses fell by 67%, from $320K to $106K. In its most recent filing year (2023), Starved Rock Homes Development Corp reported a surplus of $291K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $397K | $106K | $1.3M | $3K | — | View 990 |
| 2022 | $226K | $107K | $1.1M | $3K | — | View 990 |
| 2021 | $276K | $93K | $926K | $4K | — | View 990 |
| 2020 | $194K | $103K | $886K | $147K | — | — |
| 2019 | $156K | $90K | $925K | $277K | — | View 990 |
| 2018 | $302K | $263K | $863K | $281K | — | View 990 |
| 2017 | $375K | $330K | $823K | $290K | — | View 990 |
| 2016 | $385K | $331K | $758K | $270K | — | View 990 |
| 2015 | $377K | $316K | $447K | $14K | — | View 990 |
| 2014 | $376K | $308K | $389K | $17K | — | View 990 |
| 2013 | $370K | $316K | $322K | $18K | — | View 990 |
| 2012 | $373K | $333K | $266K | $16K | — | View 990 |
| 2011 | $352K | $320K | $234K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $397K, expenses of $106K, and assets of $1.3M (revenue +75.5% year-over-year).
- 2022: Revenue of $226K, expenses of $107K, and assets of $1.1M (revenue -18.0% year-over-year).
- 2021: Revenue of $276K, expenses of $93K, and assets of $926K (revenue +42.2% year-over-year).
- 2020: Revenue of $194K, expenses of $103K, and assets of $886K (revenue +24.5% year-over-year).
- 2019: Revenue of $156K, expenses of $90K, and assets of $925K (revenue -48.3% year-over-year).
- 2018: Revenue of $302K, expenses of $263K, and assets of $863K (revenue -19.5% year-over-year).
- 2017: Revenue of $375K, expenses of $330K, and assets of $823K (revenue -2.7% year-over-year).
- 2016: Revenue of $385K, expenses of $331K, and assets of $758K (revenue +2.0% year-over-year).
- 2015: Revenue of $377K, expenses of $316K, and assets of $447K (revenue +0.3% year-over-year).
- 2014: Revenue of $376K, expenses of $308K, and assets of $389K (revenue +1.8% year-over-year).
- 2013: Revenue of $370K, expenses of $316K, and assets of $322K (revenue -0.8% year-over-year).
- 2012: Revenue of $373K, expenses of $333K, and assets of $266K (revenue +6.0% year-over-year).
- 2011: Revenue of $352K, expenses of $320K, and assets of $234K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Starved Rock Homes Development Corp:
Data Sources and Methodology
This transparency report for Starved Rock Homes Development Corp 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.