Westchester Residential Opportunities Inc
Westchester Residential Opportunities Inc shows consistent financial growth and strong asset accumulation with no reported officer compensation.
EIN: 132617705 · White Plains, NY · NTEE: L99Z · Updated: 2026-03-28
Is Westchester Residential Opportunities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westchester Residential Opportunities Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westchester Residential Opportunities Inc
Westchester Residential Opportunities Inc (EIN: 132617705) is a nonprofit organization based in White Plains, NY, classified under NTEE code L99Z. The organization reported total revenue of $4.5M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westchester Residential Opportunities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Westchester Residential Opportunities Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Westchester Residential Opportunities Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $4 million. This suggests either a fully volunteer executive leadership or that compensation is reported under different categories, warranting further investigation for complete transparency.
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 Westchester Residential Opportunities Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation across all filings, which may indicate compensation is categorized differently or a highly unusual executive structure, warranting deeper inquiry for full transparency.
Strengths
The following positive indicators were identified for Westchester Residential Opportunities Inc:
- Consistent financial surplus, with revenue exceeding expenses by over $700,000 in 2023 ($4,786,666 revenue vs. $4,062,671 expenses).
- Strong and consistent growth in assets, from $1,614,866 in 2014 to $6,140,655 in 2023.
- Healthy asset-to-liability ratio, indicating strong financial solvency.
- Long and consistent history of IRS 990 filings, demonstrating transparency.
- No reported officer compensation, suggesting a high proportion of funds directed to programs.
Frequently Asked Questions about Westchester Residential Opportunities Inc
Is Westchester Residential Opportunities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Westchester Residential Opportunities Inc (EIN: 132617705) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Westchester Residential Opportunities Inc spend its money?
Westchester Residential Opportunities Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Westchester Residential Opportunities Inc tax-deductible?
Westchester Residential Opportunities Inc is registered as a tax-exempt nonprofit (EIN: 132617705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Westchester Residential Opportunities Inc a good charity?
Based on the available IRS 990 data, Westchester Residential Opportunities Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a significant surplus in recent years. The reported 0% officer compensation is a notable positive, suggesting a high dedication of resources to its mission.
How has the organization's revenue trended over time?
The organization's revenue has shown a strong upward trend over the past decade, growing from $2,292,234 in 2014 to a peak of $7,053,204 in 2022, before settling at $4,786,666 in 2023. This indicates significant growth and expansion of its operations.
What is the organization's asset-to-liability ratio?
In 2023, the organization had assets of $6,140,655 and liabilities of $1,297,432, resulting in an asset-to-liability ratio of approximately 4.73:1. This is a very healthy ratio, indicating strong financial solvency and a robust balance sheet.
Filing History
IRS 990 filing history for Westchester Residential Opportunities Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Westchester Residential Opportunities Inc's revenue has grown by 37.5%, moving from $3.5M to $4.8M. Total assets increased by 388.2% over the same period, from $1.3M to $6.1M. Total functional expenses rose by 20.2%, from $3.4M to $4.1M. In its most recent filing year (2023), Westchester Residential Opportunities Inc reported a surplus of $724K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $6.1M in assets (debt-to-asset ratio: 21.1%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $4.1M | $6.1M | $1.3M | — | — |
| 2022 | $7.1M | $5.6M | $5.1M | $1.1M | — | View 990 |
| 2021 | $4.1M | $3.6M | $3.3M | $782K | — | View 990 |
| 2020 | $3.5M | $3.0M | $2.5M | $352K | — | — |
| 2019 | $2.7M | $2.5M | $1.8M | $180K | — | View 990 |
| 2018 | $2.7M | $2.6M | $1.7M | $293K | — | View 990 |
| 2017 | $2.5M | $2.5M | $1.8M | $317K | — | View 990 |
| 2016 | $2.4M | $2.3M | $1.9M | $360K | — | View 990 |
| 2015 | $2.4M | $2.4M | $2.0M | $556K | — | View 990 |
| 2014 | $2.3M | $2.2M | $1.6M | $150K | — | View 990 |
| 2013 | $2.4M | $2.3M | $1.6M | $273K | — | View 990 |
| 2012 | $3.2M | $3.3M | $1.5M | $306K | — | View 990 |
| 2011 | $3.7M | $3.5M | $1.4M | $134K | — | View 990 |
| 2010 | $3.5M | $3.4M | $1.3M | $172K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $4.1M, and assets of $6.1M (revenue -32.1% year-over-year).
- 2022: Revenue of $7.1M, expenses of $5.6M, and assets of $5.1M (revenue +71.1% year-over-year).
- 2021: Revenue of $4.1M, expenses of $3.6M, and assets of $3.3M (revenue +16.7% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.0M, and assets of $2.5M (revenue +32.0% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.5M, and assets of $1.8M (revenue +0.2% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.6M, and assets of $1.7M (revenue +6.6% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.5M, and assets of $1.8M (revenue +6.4% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.3M, and assets of $1.9M (revenue -2.6% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.4M, and assets of $2.0M (revenue +5.4% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.2M, and assets of $1.6M (revenue -4.6% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.3M, and assets of $1.6M (revenue -24.9% year-over-year).
- 2012: Revenue of $3.2M, expenses of $3.3M, and assets of $1.5M (revenue -13.6% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.5M, and assets of $1.4M (revenue +6.2% year-over-year).
- 2010: Revenue of $3.5M, expenses of $3.4M, and assets of $1.3M.
Data Sources and Methodology
This transparency report for Westchester Residential Opportunities 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.