Woodbridge Apartments Inc
EIN: 61772003 · Benton, AR · NTEE: L99
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $63K |
| Net Assets | $-115,799 |
Is Woodbridge 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 Woodbridge Apartments Inc
Woodbridge Apartments Inc (EIN: 61772003) is a nonprofit organization based in Benton, AR, classified under NTEE code L99. The organization reported total revenue of $25K and total assets of $76K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodbridge Apartments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodbridge Apartments Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $45K |
| Total Expenses | $63K |
| Surplus / Deficit | $-17,697 |
| Total Assets | $68K |
| Total Liabilities | $184K |
| Net Assets | $-115,799 |
| Operating Margin | -39.3% |
| Debt-to-Asset Ratio | 269.8% |
| Months of Reserves | 13.1 months |
Financial Health Grade: C
In 2024, Woodbridge Apartments Inc reported a deficit of $18K with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 269.8% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Woodbridge Apartments Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.1% | -27.4% | +0.2% |
| 2023 | -2.5% | +78.0% | -20.2% |
| 2022 | -0.1% | +10.2% | +0.3% |
| 2021 | -0.1% | -4.8% | +0.6% |
| 2020 | +0.1% | -14.0% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Woodbridge 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 Woodbridge 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 $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 269.8%.
Frequently Asked Questions about Woodbridge Apartments Inc
Is Woodbridge Apartments Inc a legitimate charity?
Woodbridge Apartments Inc (EIN: 61772003) is a registered tax-exempt nonprofit based in Arkansas. It has 13 years of IRS 990 filings on record. Total revenue: $25K. No red flags identified. Financial health grade: C.
How does Woodbridge Apartments Inc spend its money?
Woodbridge Apartments Inc reported $25K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Woodbridge Apartments Inc tax-deductible?
Woodbridge Apartments Inc is registered as a tax-exempt nonprofit (EIN: 61772003). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Woodbridge Apartments Inc located?
Woodbridge Apartments Inc is headquartered in Benton, Arkansas and files with the IRS under EIN 61772003. It is classified under NTEE code L99.
How many years of IRS 990 filings does Woodbridge Apartments Inc have?
Woodbridge 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 $25K in total revenue.
Filing History
IRS 990 filing history for Woodbridge Apartments Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Woodbridge Apartments Inc's revenue has grown by 29.3%, moving from $35K to $45K. Total assets decreased by 24.4% over the same period, from $90K to $68K. Total functional expenses rose by 51%, from $42K to $63K. In its most recent filing year (2024), Woodbridge Apartments Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $184K in liabilities against $68K in assets (debt-to-asset ratio: 269.8%), resulting in net assets of $-115,799.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $45K | $63K | $68K | $184K | — | — |
| 2023 | $44K | $86K | $68K | $166K | — | View 990 |
| 2022 | $46K | $49K | $85K | $141K | — | — |
| 2021 | $46K | $44K | $85K | $138K | — | — |
| 2020 | $46K | $46K | $85K | $139K | — | View 990 |
| 2019 | $46K | $54K | $85K | $140K | — | View 990 |
| 2018 | $44K | $41K | $83K | $130K | — | View 990 |
| 2017 | $45K | $42K | $85K | $133K | — | View 990 |
| 2016 | $46K | $54K | $85K | $136K | — | View 990 |
| 2015 | $45K | $44K | $87K | $130K | — | View 990 |
| 2014 | $41K | $42K | $88K | $132K | — | View 990 |
| 2013 | $37K | $44K | $88K | $130K | — | View 990 |
| 2012 | $35K | $42K | $90K | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $45K, expenses of $63K, and assets of $68K (revenue +1.1% year-over-year).
- 2023: Revenue of $44K, expenses of $86K, and assets of $68K (revenue -2.5% year-over-year).
- 2022: Revenue of $46K, expenses of $49K, and assets of $85K (revenue -0.1% year-over-year).
- 2021: Revenue of $46K, expenses of $44K, and assets of $85K (revenue -0.1% year-over-year).
- 2020: Revenue of $46K, expenses of $46K, and assets of $85K (revenue +0.1% year-over-year).
- 2019: Revenue of $46K, expenses of $54K, and assets of $85K (revenue +4.6% year-over-year).
- 2018: Revenue of $44K, expenses of $41K, and assets of $83K (revenue -2.1% year-over-year).
- 2017: Revenue of $45K, expenses of $42K, and assets of $85K (revenue -3.8% year-over-year).
- 2016: Revenue of $46K, expenses of $54K, and assets of $85K (revenue +2.8% year-over-year).
- 2015: Revenue of $45K, expenses of $44K, and assets of $87K (revenue +10.3% year-over-year).
- 2014: Revenue of $41K, expenses of $42K, and assets of $88K (revenue +9.1% year-over-year).
- 2013: Revenue of $37K, expenses of $44K, and assets of $88K (revenue +7.7% year-over-year).
- 2012: Revenue of $35K, expenses of $42K, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodbridge Apartments Inc:
Data Sources and Methodology
This transparency report for Woodbridge 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.