Unity Parkside Property Inc
EIN: 455585662 · Washington, DC · NTEE: E11
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $524K |
| Net Assets | $8.8M |
Is Unity Parkside Property Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Unity Parkside Property Inc
Unity Parkside Property Inc (EIN: 455585662) is a nonprofit organization based in Washington, DC, classified under NTEE code E11. The organization reported total revenue of $1.1M and total assets of $26.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unity Parkside Property Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unity Parkside Property Inc is a mid-size nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $524K |
| Surplus / Deficit | +$534K |
| Total Assets | $25.7M |
| Total Liabilities | $16.9M |
| Net Assets | $8.8M |
| Operating Margin | 50.5% |
| Debt-to-Asset Ratio | 65.6% |
| Months of Reserves | 588.8 months |
Financial Health Grade: A
In 2023, Unity Parkside Property Inc reported a surplus of $534K with revenue exceeding expenses, holds 588.8 months of operating reserves (strong position), has a debt-to-asset ratio of 65.6% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Unity Parkside Property Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +0.0% | +2.1% |
| 2022 | +0.0% | +0.2% | +2.2% |
| 2021 | +0.0% | +0.0% | +2.2% |
| 2020 | -2.3% | -33.5% | -1.2% |
| 2019 | +2.4% | -12.6% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Unity Parkside Property 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 Unity Parkside Property 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 $534K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.6%.
Frequently Asked Questions about Unity Parkside Property Inc
Is Unity Parkside Property Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Unity Parkside Property Inc (EIN: 455585662) insufficient data. 0 red flags identified, 0 strengths noted.
How does Unity Parkside Property Inc spend its money?
Detailed spending breakdown data is not yet available for Unity Parkside Property Inc. Check back for updated IRS 990 analysis.
Are donations to Unity Parkside Property Inc tax-deductible?
Unity Parkside Property Inc is registered as a tax-exempt nonprofit (EIN: 455585662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Unity Parkside Property Inc located?
Unity Parkside Property Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 455585662. It is classified under NTEE code E11.
How many years of IRS 990 filings does Unity Parkside Property Inc have?
Unity Parkside Property Inc has 12 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Unity Parkside Property Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Unity Parkside Property Inc's revenue has grown by 775.2%, moving from $121K to $1.1M. Total assets decreased by 3.2% over the same period, from $26.6M to $25.7M. Total functional expenses rose by 2982.3%, from $17K to $524K. In its most recent filing year (2023), Unity Parkside Property Inc reported a surplus of $534K, with revenue exceeding expenses. The organization holds $16.9M in liabilities against $25.7M in assets (debt-to-asset ratio: 65.6%), resulting in net assets of $8.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $524K | $25.7M | $16.9M | — | — |
| 2022 | $1.1M | $524K | $25.2M | $16.9M | — | View 990 |
| 2021 | $1.1M | $523K | $24.7M | $16.9M | — | View 990 |
| 2020 | $1.1M | $523K | $24.1M | $16.9M | — | View 990 |
| 2019 | $1.1M | $787K | $24.4M | $17.7M | — | View 990 |
| 2018 | $1.1M | $901K | $24.8M | $23.9M | — | View 990 |
| 2017 | $1.1M | $902K | $24.6M | $23.9M | — | View 990 |
| 2016 | $1.1M | $903K | $24.4M | $23.8M | — | View 990 |
| 2015 | $2.0M | $900K | $24.3M | $23.8M | — | View 990 |
| 2014 | $305K | $883K | $23.2M | $23.8M | — | View 990 |
| 2013 | $77K | $260K | $24.3M | $24.4M | — | View 990 |
| 2012 | $121K | $17K | $26.6M | $26.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $524K, and assets of $25.7M (revenue +0.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $524K, and assets of $25.2M (revenue +0.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $523K, and assets of $24.7M (revenue +0.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $523K, and assets of $24.1M (revenue -2.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $787K, and assets of $24.4M (revenue +2.4% year-over-year).
- 2018: Revenue of $1.1M, expenses of $901K, and assets of $24.8M (revenue +0.0% year-over-year).
- 2017: Revenue of $1.1M, expenses of $902K, and assets of $24.6M (revenue +0.0% year-over-year).
- 2016: Revenue of $1.1M, expenses of $903K, and assets of $24.4M (revenue -47.1% year-over-year).
- 2015: Revenue of $2.0M, expenses of $900K, and assets of $24.3M (revenue +555.7% year-over-year).
- 2014: Revenue of $305K, expenses of $883K, and assets of $23.2M (revenue +294.5% year-over-year).
- 2013: Revenue of $77K, expenses of $260K, and assets of $24.3M (revenue -36.1% year-over-year).
- 2012: Revenue of $121K, expenses of $17K, and assets of $26.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unity Parkside Property Inc:
Data Sources and Methodology
This transparency report for Unity Parkside Property 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.