Villa Madonna South Elderly Housing Corporation
EIN: 611360816 · Fancy Farm, KY · NTEE: L22
| Metric | Value |
|---|---|
| Total Expenses | $105K |
| Net Assets | $-388,935 |
Is Villa Madonna South Elderly Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Villa Madonna South Elderly Housing Corporation
Villa Madonna South Elderly Housing Corporation (EIN: 611360816) is a nonprofit organization based in Fancy Farm, KY, classified under NTEE code L22. 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 Villa Madonna South Elderly Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Villa Madonna South Elderly Housing Corporation is a micro nonprofit that has been operating for 26 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $105K |
| Surplus / Deficit | $-14,321 |
| Total Assets | $389K |
| Total Liabilities | $778K |
| Net Assets | $-388,935 |
| Operating Margin | -15.8% |
| Debt-to-Asset Ratio | 200.0% |
| Months of Reserves | 44.4 months |
Financial Health Grade: C
In 2023, Villa Madonna South Elderly Housing Corporation reported a deficit of $14K with expenses exceeding revenue, holds 44.4 months of operating reserves (strong position), has a debt-to-asset ratio of 200.0% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Villa Madonna South Elderly Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.4% | +2.9% | -11.9% |
| 2021 | +2.1% | -16.9% | -4.4% |
| 2020 | -0.2% | +31.5% | -8.2% |
| 2018 | +8.7% | +3.4% | -1.5% |
| 2017 | -8.2% | -8.4% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Villa Madonna South Elderly Housing Corporation 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 Villa Madonna South Elderly Housing Corporation 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 deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 200.0%.
Frequently Asked Questions about Villa Madonna South Elderly Housing Corporation
Is Villa Madonna South Elderly Housing Corporation a legitimate charity?
Villa Madonna South Elderly Housing Corporation (EIN: 611360816) is a registered tax-exempt nonprofit based in Kentucky. It has 11 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Villa Madonna South Elderly Housing Corporation spend its money?
Villa Madonna South Elderly Housing Corporation reported its financials in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Villa Madonna South Elderly Housing Corporation tax-deductible?
Villa Madonna South Elderly Housing Corporation is registered as a tax-exempt nonprofit (EIN: 611360816). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Villa Madonna South Elderly Housing Corporation located?
Villa Madonna South Elderly Housing Corporation is headquartered in Fancy Farm, Kentucky and files with the IRS under EIN 611360816. It is classified under NTEE code L22.
How many years of IRS 990 filings does Villa Madonna South Elderly Housing Corporation have?
Villa Madonna South Elderly Housing Corporation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Villa Madonna South Elderly Housing Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Villa Madonna South Elderly Housing Corporation's revenue has grown by 73.1%, moving from $53K to $91K. Total assets decreased by 32.2% over the same period, from $574K to $389K. Total functional expenses rose by 43.3%, from $73K to $105K. In its most recent filing year (2023), Villa Madonna South Elderly Housing Corporation reported a deficit of $14K, with expenses exceeding revenue. The organization holds $778K in liabilities against $389K in assets (debt-to-asset ratio: 200.0%), resulting in net assets of $-388,935.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $105K | $389K | $778K | — | — |
| 2021 | $79K | $102K | $442K | $781K | — | — |
| 2020 | $77K | $123K | $462K | $778K | — | — |
| 2018 | $77K | $94K | $504K | $752K | — | View 990 |
| 2017 | $71K | $90K | $511K | $744K | — | View 990 |
| 2016 | $77K | $99K | $534K | $748K | — | View 990 |
| 2015 | $63K | $92K | $550K | $742K | — | View 990 |
| 2014 | $88K | $87K | $580K | $743K | — | View 990 |
| 2013 | $55K | $78K | $604K | $767K | — | View 990 |
| 2012 | $121K | $74K | $629K | $770K | — | View 990 |
| 2011 | $53K | $73K | $574K | $762K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $105K, and assets of $389K (revenue +15.4% year-over-year).
- 2021: Revenue of $79K, expenses of $102K, and assets of $442K (revenue +2.1% year-over-year).
- 2020: Revenue of $77K, expenses of $123K, and assets of $462K (revenue -0.2% year-over-year).
- 2018: Revenue of $77K, expenses of $94K, and assets of $504K (revenue +8.7% year-over-year).
- 2017: Revenue of $71K, expenses of $90K, and assets of $511K (revenue -8.2% year-over-year).
- 2016: Revenue of $77K, expenses of $99K, and assets of $534K (revenue +23.9% year-over-year).
- 2015: Revenue of $63K, expenses of $92K, and assets of $550K (revenue -28.6% year-over-year).
- 2014: Revenue of $88K, expenses of $87K, and assets of $580K (revenue +58.2% year-over-year).
- 2013: Revenue of $55K, expenses of $78K, and assets of $604K (revenue -54.4% year-over-year).
- 2012: Revenue of $121K, expenses of $74K, and assets of $629K (revenue +131.3% year-over-year).
- 2011: Revenue of $53K, expenses of $73K, and assets of $574K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Villa Madonna South Elderly Housing Corporation:
Data Sources and Methodology
This transparency report for Villa Madonna South Elderly Housing Corporation 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.