Westbrooke Apartments Inc
EIN: 611228613 · Jamestown, KY · NTEE: S21Z
| Metric | Value |
|---|---|
| Total Revenue | $155K |
| Total Expenses | $175K |
| Net Assets | $-641,901 |
Is Westbrooke Apartments Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westbrooke Apartments Inc
Westbrooke Apartments Inc (EIN: 611228613) is a nonprofit organization based in Jamestown, KY, classified under NTEE code S21Z. The organization reported total revenue of $155K and total assets of $543K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westbrooke Apartments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westbrooke Apartments Inc is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $175K |
| Surplus / Deficit | $-42,501 |
| Total Assets | $567K |
| Total Liabilities | $1.2M |
| Net Assets | $-641,901 |
| Operating Margin | -32.1% |
| Debt-to-Asset Ratio | 213.2% |
| Months of Reserves | 38.9 months |
Financial Health Grade: C
In 2024, Westbrooke Apartments Inc reported a deficit of $43K with expenses exceeding revenue, holds 38.9 months of operating reserves (strong position), has a debt-to-asset ratio of 213.2% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Westbrooke Apartments Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -10.7% | +0.4% | -5.9% |
| 2023 | +4.8% | +11.6% | -5.4% |
| 2022 | +4.6% | -1.7% | -0.1% |
| 2021 | -0.3% | -0.1% | -5.4% |
| 2020 | +16.8% | -8.0% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westbrooke Apartments 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 Westbrooke Apartments 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 213.2%.
Frequently Asked Questions about Westbrooke Apartments Inc
Is Westbrooke Apartments Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Westbrooke Apartments Inc (EIN: 611228613) insufficient data. 0 red flags identified, 0 strengths noted.
How does Westbrooke Apartments Inc spend its money?
Detailed spending breakdown data is not yet available for Westbrooke Apartments Inc. Check back for updated IRS 990 analysis.
Are donations to Westbrooke Apartments Inc tax-deductible?
Westbrooke Apartments Inc is registered as a tax-exempt nonprofit (EIN: 611228613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westbrooke Apartments Inc located?
Westbrooke Apartments Inc is headquartered in Jamestown, Kentucky and files with the IRS under EIN 611228613. It is classified under NTEE code S21Z.
How many years of IRS 990 filings does Westbrooke Apartments Inc have?
Westbrooke Apartments 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 $155K in total revenue.
Filing History
IRS 990 filing history for Westbrooke Apartments Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Westbrooke Apartments Inc's revenue has grown by 38.8%, moving from $96K to $133K. Total assets decreased by 35.9% over the same period, from $885K to $567K. Total functional expenses rose by 68.8%, from $104K to $175K. In its most recent filing year (2024), Westbrooke Apartments Inc reported a deficit of $43K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $567K in assets (debt-to-asset ratio: 213.2%), resulting in net assets of $-641,901.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $133K | $175K | $567K | $1.2M | — | — |
| 2023 | $148K | $174K | $602K | $1.2M | — | — |
| 2022 | $142K | $156K | $637K | $1.2M | — | View 990 |
| 2021 | $135K | $159K | $637K | $1.2M | — | — |
| 2020 | $136K | $159K | $673K | $1.2M | — | View 990 |
| 2019 | $116K | $173K | $684K | $1.2M | — | View 990 |
| 2018 | $121K | $159K | $750K | $1.2M | — | View 990 |
| 2017 | $123K | $167K | $780K | $1.2M | — | View 990 |
| 2016 | $107K | $125K | $819K | $1.2M | — | View 990 |
| 2015 | $101K | $127K | $836K | $1.2M | — | View 990 |
| 2014 | $100K | $110K | $862K | $1.2M | — | View 990 |
| 2013 | $102K | $113K | $872K | $1.2M | — | View 990 |
| 2012 | $96K | $104K | $885K | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $133K, expenses of $175K, and assets of $567K (revenue -10.7% year-over-year).
- 2023: Revenue of $148K, expenses of $174K, and assets of $602K (revenue +4.8% year-over-year).
- 2022: Revenue of $142K, expenses of $156K, and assets of $637K (revenue +4.6% year-over-year).
- 2021: Revenue of $135K, expenses of $159K, and assets of $637K (revenue -0.3% year-over-year).
- 2020: Revenue of $136K, expenses of $159K, and assets of $673K (revenue +16.8% year-over-year).
- 2019: Revenue of $116K, expenses of $173K, and assets of $684K (revenue -4.3% year-over-year).
- 2018: Revenue of $121K, expenses of $159K, and assets of $750K (revenue -1.0% year-over-year).
- 2017: Revenue of $123K, expenses of $167K, and assets of $780K (revenue +15.0% year-over-year).
- 2016: Revenue of $107K, expenses of $125K, and assets of $819K (revenue +6.0% year-over-year).
- 2015: Revenue of $101K, expenses of $127K, and assets of $836K (revenue +0.5% year-over-year).
- 2014: Revenue of $100K, expenses of $110K, and assets of $862K (revenue -2.0% year-over-year).
- 2013: Revenue of $102K, expenses of $113K, and assets of $872K (revenue +7.0% year-over-year).
- 2012: Revenue of $96K, expenses of $104K, and assets of $885K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westbrooke Apartments Inc:
Data Sources and Methodology
This transparency report for Westbrooke 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.