Affordable Suburban Apartment Partnership Inc
Nonprofit profile at a glance
- EIN
- 411671074
- IRS 990-EZ coverage
- 2012–2018
- Forms available
- Form 990-EZ 2018, Form 990-N 2011
- Location
- Bloomington, MN, USA
- Phone
- 6128017038
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $3,462
- Expenses
- $330,949
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- MARY SCHATZLEIN (Secretary)
- DANIEL SCHATZLEIN (Director)
- RODNEY WILSON (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing residential services to low income families and consulting services to cities, counties and other government organizations related to affordable housing
What it reported doing in 2018
Providing residential services to low income families and consulting services to cities, counties and other government organizations related to affordable housing.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 82
- Sustainability: 2
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -9,459.5%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 9.4%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -69.3% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -14.2% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 1.3% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $295K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2012 to 2018
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 10/100.