Sullivan Senior Housing Inc
Sullivan Senior Housing Inc. consistently operates at a deficit, drawing down assets while maintaining stable liabilities and zero executive compensation.
EIN: 20677361 · Clackamas, OR · NTEE: L25 · Updated: 2026-03-28
Is Sullivan Senior Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sullivan Senior Housing Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sullivan Senior Housing Inc
Sullivan Senior Housing Inc (EIN: 20677361) is a nonprofit organization based in Clackamas, OR, classified under NTEE code L25. The organization reported total revenue of $226K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sullivan Senior Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sullivan Senior Housing Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Sullivan Senior Housing Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its asset size ($1,858,356 latest assets).
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 Sullivan Senior Housing Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue in all reported periods)
- Declining asset base over time (from $2.7M in 2015 to $1.9M in 2024)
Strengths
The following positive indicators were identified for Sullivan Senior Housing Inc:
- Zero executive compensation, indicating volunteer leadership and efficient use of funds for mission
- Consistent filing of IRS 990s, demonstrating transparency
- Stable liabilities, suggesting a managed debt structure
- Clear focus on mission (senior housing) as indicated by NTEE code and likely program spending
Frequently Asked Questions about Sullivan Senior Housing Inc
Is Sullivan Senior Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sullivan Senior Housing Inc (EIN: 20677361) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Sullivan Senior Housing Inc spend its money?
Sullivan Senior Housing Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sullivan Senior Housing Inc tax-deductible?
Sullivan Senior Housing Inc is registered as a tax-exempt nonprofit (EIN: 20677361). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sullivan Senior Housing Inc. financially sustainable given its consistent operating deficits?
The organization consistently spends more than it earns, with expenses exceeding revenue in every reported period. For instance, in 202406, expenses were $302,921 while revenue was $218,126. This trend has led to a decrease in assets from $2,799,668 in 201506 to $1,949,346 in 202406. While liabilities have remained stable, the long-term sustainability of this model without a clear plan to increase revenue or reduce expenses is a concern.
What is the nature of the organization's liabilities, which consistently hover around $3.6 million?
The consistent level of liabilities, such as $3,629,024 in 202406, suggests long-term debt, likely associated with the acquisition, construction, or maintenance of senior housing properties. Understanding the terms and repayment schedule of these liabilities is crucial for a complete financial picture.
How does the organization cover its operational deficits?
The deficits are currently covered by drawing down on the organization's assets, which have decreased by over $850,000 in the last decade. This indicates that the organization is using its reserves or capital to fund ongoing operations.
Filing History
IRS 990 filing history for Sullivan Senior Housing Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sullivan Senior Housing Inc's revenue has grown by 45.8%, moving from $150K to $218K. Total assets decreased by 38.7% over the same period, from $3.2M to $1.9M. Total functional expenses rose by 26.3%, from $240K to $303K. In its most recent filing year (2024), Sullivan Senior Housing Inc reported a deficit of $85K, with expenses exceeding revenue. The organization holds $3.6M in liabilities against $1.9M in assets (debt-to-asset ratio: 186.2%), resulting in net assets of $-1,679,678.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $218K | $303K | $1.9M | $3.6M | — | — |
| 2023 | $212K | $307K | $2.0M | $3.6M | — | View 990 |
| 2022 | $201K | $292K | $2.1M | $3.6M | — | View 990 |
| 2021 | $200K | $295K | $2.2M | $3.6M | — | View 990 |
| 2020 | $178K | $288K | $2.3M | $3.6M | — | View 990 |
| 2019 | $181K | $270K | $2.4M | $3.6M | — | View 990 |
| 2018 | $177K | $268K | $2.5M | $3.6M | — | View 990 |
| 2017 | $175K | $274K | $2.6M | $3.6M | — | View 990 |
| 2016 | $170K | $265K | $2.7M | $3.6M | — | View 990 |
| 2015 | $163K | $252K | $2.8M | $3.6M | — | View 990 |
| 2014 | $139K | $241K | $2.9M | $3.6M | — | View 990 |
| 2013 | $143K | $243K | $3.0M | $3.6M | — | View 990 |
| 2012 | $148K | $237K | $3.1M | $3.6M | — | View 990 |
| 2011 | $150K | $240K | $3.2M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $218K, expenses of $303K, and assets of $1.9M (revenue +2.8% year-over-year).
- 2023: Revenue of $212K, expenses of $307K, and assets of $2.0M (revenue +5.3% year-over-year).
- 2022: Revenue of $201K, expenses of $292K, and assets of $2.1M (revenue +0.8% year-over-year).
- 2021: Revenue of $200K, expenses of $295K, and assets of $2.2M (revenue +12.4% year-over-year).
- 2020: Revenue of $178K, expenses of $288K, and assets of $2.3M (revenue -1.8% year-over-year).
- 2019: Revenue of $181K, expenses of $270K, and assets of $2.4M (revenue +2.4% year-over-year).
- 2018: Revenue of $177K, expenses of $268K, and assets of $2.5M (revenue +1.2% year-over-year).
- 2017: Revenue of $175K, expenses of $274K, and assets of $2.6M (revenue +3.1% year-over-year).
- 2016: Revenue of $170K, expenses of $265K, and assets of $2.7M (revenue +3.7% year-over-year).
- 2015: Revenue of $163K, expenses of $252K, and assets of $2.8M (revenue +17.9% year-over-year).
- 2014: Revenue of $139K, expenses of $241K, and assets of $2.9M (revenue -3.3% year-over-year).
- 2013: Revenue of $143K, expenses of $243K, and assets of $3.0M (revenue -3.0% year-over-year).
- 2012: Revenue of $148K, expenses of $237K, and assets of $3.1M (revenue -1.1% year-over-year).
- 2011: Revenue of $150K, expenses of $240K, and assets of $3.2M.
Data Sources and Methodology
This transparency report for Sullivan Senior Housing 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.