Student Agencies Properties Inc
Student Agencies Properties Inc. consistently operates at break-even with growing assets and no reported officer compensation.
EIN: 150461430 · Ithaca, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $999 |
| Transparency Score | 85/100 |
Is Student Agencies Properties Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Student Agencies Properties Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Student Agencies Properties Inc
Student Agencies Properties Inc (EIN: 150461430) is a nonprofit organization based in Ithaca, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Student Agencies Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Student Agencies Properties Inc is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$0 |
| Total Assets | $2.1M |
| Total Liabilities | $2.1M |
| Net Assets | $999 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 20.3 months |
Financial Health Grade: B
In 2014, Student Agencies Properties Inc reported a surplus of $0 with revenue exceeding expenses, holds 20.3 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), Student Agencies Properties Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -2.1% | -2.1% | +10.0% |
| 2013 | -8.5% | -8.5% | +8.7% |
| 2012 | +2.3% | +2.3% | +3.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Student Agencies Properties Inc with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Student Agencies Properties Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
No officer compensation was reported in any of the available filings (2011-2014), which is unusual for an organization managing over $1 million in revenue and $2 million in assets. This could indicate a volunteer executive team or compensation being categorized differently.
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 Student Agencies Properties Inc's IRS 990 filings:
- No reported officer compensation despite significant revenue and assets, potentially obscuring executive benefits or indicating an unusual operational model.
- Liabilities consistently almost equal to assets, suggesting a highly leveraged financial structure or specific asset-liability matching.
Strengths
The following positive indicators were identified for Student Agencies Properties Inc:
- Consistent revenue generation over $1.2 million annually.
- Stable asset growth, reaching over $2 million by 2014.
- Operational efficiency demonstrated by consistent break-even financial performance.
- Strong program focus implied by the nature of the organization and typical nonprofit spending patterns.
Frequently Asked Questions about Student Agencies Properties Inc
Is Student Agencies Properties Inc a legitimate charity?
Student Agencies Properties Inc (EIN: 150461430) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 4 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Student Agencies Properties Inc spend its money?
Student Agencies Properties Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Student Agencies Properties Inc tax-deductible?
Student Agencies Properties Inc is registered as a tax-exempt nonprofit (EIN: 150461430). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Student Agencies Properties Inc CEO make?
Student Agencies Properties Inc's highest-compensated officer earns $1 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Student Agencies Properties Inc's spending goes to programs?
Student Agencies Properties Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Student Agencies Properties Inc located?
Student Agencies Properties Inc is headquartered in Ithaca, New York and files with the IRS under EIN 150461430.
How many years of IRS 990 filings does Student Agencies Properties Inc have?
Student Agencies Properties Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Why is there no officer compensation reported across all filings?
The IRS 990 filings for Student Agencies Properties Inc. consistently show 0% officer compensation from 2011 to 2014, despite the organization managing significant revenues and assets. This could be due to a volunteer-based leadership structure or compensation being reported under other expense categories, which would require further clarification from the organization.
What is the nature of the organization's liabilities, which closely match its assets?
The organization's liabilities are consistently very close to its total assets, leaving a minimal net asset balance. For example, in 2014, assets were $2,074,798 and liabilities were $2,073,799. This structure suggests that assets may be largely offset by corresponding liabilities, possibly indicating a reliance on debt financing for property acquisition or specific restricted funds.
What are the primary program activities that account for the majority of expenses?
Given the organization's name 'Student Agencies Properties Inc.' and its consistent operational scale, it is likely involved in managing properties related to student agencies. A detailed breakdown of program service accomplishments and expenses would clarify the specific activities and their impact.
Filing History
IRS 990 filing history for Student Agencies Properties Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Student Agencies Properties Inc's revenue has declined by 8.3%, moving from $1.3M to $1.2M. Total assets increased by 23.7% over the same period, from $1.7M to $2.1M. Total functional expenses fell by 8.3%, from $1.3M to $1.2M. In its most recent filing year (2014), Student Agencies Properties Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $2.1M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $999.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $1.2M | $1.2M | $2.1M | $2.1M | — | View 990 |
| 2013 | $1.3M | $1.3M | $1.9M | $1.9M | — | View 990 |
| 2012 | $1.4M | $1.4M | $1.7M | $1.7M | — | View 990 |
| 2011 | $1.3M | $1.3M | $1.7M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $2.1M (revenue -2.1% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $1.9M (revenue -8.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $1.7M (revenue +2.3% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Student Agencies Properties Inc:
Data Sources and Methodology
This transparency report for Student Agencies Properties 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.