Union Congregational Church Homes Phase Ii Inc
EIN: 42731397 · Weymouth, MA · NTEE: L22Z
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $734K |
| Net Assets | $897K |
Is Union Congregational Church Homes Phase Ii Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Union Congregational Church Homes Phase Ii Inc
Union Congregational Church Homes Phase Ii Inc (EIN: 42731397) is a nonprofit organization based in Weymouth, MA, classified under NTEE code L22Z. The organization reported total revenue of $1.2M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Congregational Church Homes Phase Ii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Union Congregational Church Homes Phase Ii Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $956K |
| Total Expenses | $734K |
| Surplus / Deficit | +$223K |
| Total Assets | $1.8M |
| Total Liabilities | $912K |
| Net Assets | $897K |
| Operating Margin | 23.3% |
| Debt-to-Asset Ratio | 50.4% |
| Months of Reserves | 29.6 months |
Financial Health Grade: A
In 2023, Union Congregational Church Homes Phase Ii Inc reported a surplus of $223K with revenue exceeding expenses, holds 29.6 months of operating reserves (strong position), has a debt-to-asset ratio of 50.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Union Congregational Church Homes Phase Ii Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | -1.3% | +3.2% |
| 2022 | +-0.0% | -3.8% | -4.0% |
| 2021 | -11.6% | +4.6% | -5.1% |
| 2020 | +19.7% | -0.4% | -2.9% |
| 2019 | -2.1% | -2.1% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Union Congregational Church Homes Phase Ii Inc 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 Union Congregational Church Homes Phase Ii Inc 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 $223K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.4%.
Frequently Asked Questions about Union Congregational Church Homes Phase Ii Inc
Is Union Congregational Church Homes Phase Ii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Union Congregational Church Homes Phase Ii Inc (EIN: 42731397) insufficient data. 0 red flags identified, 0 strengths noted.
How does Union Congregational Church Homes Phase Ii Inc spend its money?
Detailed spending breakdown data is not yet available for Union Congregational Church Homes Phase Ii Inc. Check back for updated IRS 990 analysis.
Are donations to Union Congregational Church Homes Phase Ii Inc tax-deductible?
Union Congregational Church Homes Phase Ii Inc is registered as a tax-exempt nonprofit (EIN: 42731397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Union Congregational Church Homes Phase Ii Inc located?
Union Congregational Church Homes Phase Ii Inc is headquartered in Weymouth, Massachusetts and files with the IRS under EIN 42731397. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Union Congregational Church Homes Phase Ii Inc have?
Union Congregational Church Homes Phase Ii Inc 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Union Congregational Church Homes Phase Ii Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Union Congregational Church Homes Phase Ii Inc's revenue has grown by 17.4%, moving from $815K to $956K. Total assets decreased by 28.6% over the same period, from $2.5M to $1.8M. Total functional expenses fell by 5.4%, from $776K to $734K. In its most recent filing year (2023), Union Congregational Church Homes Phase Ii Inc reported a surplus of $223K, with revenue exceeding expenses. The organization holds $912K in liabilities against $1.8M in assets (debt-to-asset ratio: 50.4%), resulting in net assets of $897K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $956K | $734K | $1.8M | $912K | — | — |
| 2022 | $908K | $743K | $1.8M | $1.1M | — | View 990 |
| 2021 | $908K | $772K | $1.8M | $1.3M | — | View 990 |
| 2020 | $1.0M | $738K | $1.9M | $1.5M | — | View 990 |
| 2019 | $858K | $741K | $2.0M | $1.9M | — | View 990 |
| 2018 | $877K | $757K | $2.1M | $2.1M | — | View 990 |
| 2017 | $888K | $760K | $2.0M | $2.1M | — | — |
| 2016 | $845K | $785K | $2.0M | $2.3M | — | View 990 |
| 2015 | $842K | $792K | $2.1M | $2.4M | — | View 990 |
| 2014 | $753K | $768K | $2.2M | $2.6M | — | View 990 |
| 2013 | $698K | $746K | $2.3M | $2.7M | — | View 990 |
| 2012 | $802K | $786K | $2.5M | $2.8M | — | View 990 |
| 2011 | $815K | $776K | $2.5M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $956K, expenses of $734K, and assets of $1.8M (revenue +5.4% year-over-year).
- 2022: Revenue of $908K, expenses of $743K, and assets of $1.8M (revenue +-0.0% year-over-year).
- 2021: Revenue of $908K, expenses of $772K, and assets of $1.8M (revenue -11.6% year-over-year).
- 2020: Revenue of $1.0M, expenses of $738K, and assets of $1.9M (revenue +19.7% year-over-year).
- 2019: Revenue of $858K, expenses of $741K, and assets of $2.0M (revenue -2.1% year-over-year).
- 2018: Revenue of $877K, expenses of $757K, and assets of $2.1M (revenue -1.3% year-over-year).
- 2017: Revenue of $888K, expenses of $760K, and assets of $2.0M (revenue +5.1% year-over-year).
- 2016: Revenue of $845K, expenses of $785K, and assets of $2.0M (revenue +0.4% year-over-year).
- 2015: Revenue of $842K, expenses of $792K, and assets of $2.1M (revenue +11.7% year-over-year).
- 2014: Revenue of $753K, expenses of $768K, and assets of $2.2M (revenue +7.9% year-over-year).
- 2013: Revenue of $698K, expenses of $746K, and assets of $2.3M (revenue -12.9% year-over-year).
- 2012: Revenue of $802K, expenses of $786K, and assets of $2.5M (revenue -1.6% year-over-year).
- 2011: Revenue of $815K, expenses of $776K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Union Congregational Church Homes Phase Ii Inc:
Data Sources and Methodology
This transparency report for Union Congregational Church Homes Phase Ii 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.