Tupqich Elder Apartments Inc

Tupqich Elder Apartments Inc. consistently operates at a deficit, drawing down assets over the past nine years.

EIN: 20736815 · Kotzebue, AK · NTEE: L222 · Updated: 2026-03-28

$113KRevenue

$1.9MAssets

60/100Mission Score (Good)

L222

About Tupqich Elder Apartments Inc

Tupqich Elder Apartments Inc (EIN: 20736815) is a nonprofit organization based in Kotzebue, AK, classified under NTEE code L222. The organization reported total revenue of $113K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tupqich Elder Apartments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Tupqich Elder Apartments Inc. appears to be in a stable, albeit somewhat stagnant, financial position. While the organization consistently generates revenue, it has also consistently reported expenses exceeding revenue for the past nine years, leading to a gradual decline in assets from $2,367,050 in 2011 to $1,878,492 in 2019. This trend suggests that the organization is drawing down its reserves to cover operational costs. However, the liabilities have remained relatively stable, indicating no significant increase in debt burden.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. The consistent deficit spending is a concern, as it is not sustainable long-term without an increase in revenue or a reduction in expenses. The lack of reported officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation, assuming other staff are compensated appropriately. Transparency is generally good with consistent annual filings, but more detailed expense breakdowns would enhance understanding of their operational efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tupqich Elder Apartments Inc with a Mission Score of 60 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: 20%
programs: 80%
fundraising: 0%

According to IRS 990 filings, Tupqich Elder Apartments Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

No officer compensation has been reported in any of the nine filings, suggesting a volunteer-led executive team or that executive functions are absorbed into other roles without specific compensation, which is unusual for an organization with nearly $2 million in 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 Tupqich Elder Apartments Inc's IRS 990 filings:

Consistent deficit spending for nine consecutive years
Declining asset base over the long term
Lack of detailed expense breakdown to assess program efficiency

Strengths

The following positive indicators were identified for Tupqich Elder Apartments Inc:

Consistent revenue generation
Stable liabilities, indicating no significant increase in debt
No reported officer compensation, suggesting volunteer leadership or highly efficient executive structure
Consistent IRS 990 filing history, indicating transparency in reporting

Frequently Asked Questions about Tupqich Elder Apartments Inc

Is Tupqich Elder Apartments Inc. a good charity?

While the organization serves a clear community need (elder apartments), its consistent deficit spending and declining asset base raise concerns about long-term financial sustainability. The lack of officer compensation is notable, but without detailed expense breakdowns, it's hard to fully assess efficiency.

Why are expenses consistently higher than revenue?

For the past nine years, Tupqich Elder Apartments Inc. has reported expenses exceeding revenue, for example, $118,936 in expenses against $112,523 in revenue in 2019. This indicates the organization is using its accumulated assets to cover operational shortfalls.

What is the trend in the organization's assets?

The organization's assets have steadily declined from $2,367,050 in 2011 to $1,878,492 in 2019, reflecting the consistent deficit spending over this period.

How does the organization fund its operations?

Given the consistent reporting of expenses exceeding revenue, the organization appears to be funding its operations by drawing down its existing asset base, which has decreased by approximately $488,558 over nine years.

Filing History

IRS 990 filing history for Tupqich Elder Apartments Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2019), Tupqich Elder Apartments Inc's revenue has grown by 99.8%, moving from $56K to $113K. Total assets decreased by 20.6% over the same period, from $2.4M to $1.9M. Total functional expenses fell by 30.9%, from $172K to $119K. In its most recent filing year (2019), Tupqich Elder Apartments Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $962K in liabilities against $1.9M in assets (debt-to-asset ratio: 51.2%), resulting in net assets of $916K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2019	$113K	$119K	$1.9M	$962K	—	View 990
2018	$112K	$152K	$1.9M	$967K	—	View 990
2017	$105K	$157K	$1.9M	$959K	—	View 990
2016	$107K	$157K	$2.0M	$957K	—	View 990
2015	$112K	$153K	$2.0M	$972K	—	View 990
2014	$98K	$156K	$2.1M	$962K	—	View 990
2013	$69K	$160K	$2.1M	$975K	—	View 990
2012	$70K	$147K	$2.3M	$320K	—	View 990
2011	$56K	$172K	$2.4M	$297K	—	View 990

Year-by-Year Financial Summary

2019: Revenue of $113K, expenses of $119K, and assets of $1.9M (revenue +0.4% year-over-year).
2018: Revenue of $112K, expenses of $152K, and assets of $1.9M (revenue +6.3% year-over-year).
2017: Revenue of $105K, expenses of $157K, and assets of $1.9M (revenue -1.2% year-over-year).
2016: Revenue of $107K, expenses of $157K, and assets of $2.0M (revenue -5.0% year-over-year).
2015: Revenue of $112K, expenses of $153K, and assets of $2.0M (revenue +14.3% year-over-year).
2014: Revenue of $98K, expenses of $156K, and assets of $2.1M (revenue +42.1% year-over-year).
2013: Revenue of $69K, expenses of $160K, and assets of $2.1M (revenue -1.5% year-over-year).
2012: Revenue of $70K, expenses of $147K, and assets of $2.3M (revenue +24.7% year-over-year).
2011: Revenue of $56K, expenses of $172K, and assets of $2.4M.

Data Sources and Methodology

This transparency report for Tupqich Elder Apartments 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.