Apartment Angel Inc

Nonprofit profile at a glance

EIN
461055791
IRS 990-EZ coverage
2020–2025
Forms available
Form 990 2019, Form 990-EZ 2025, Form 990-N 2013
Location
Middletown, MD, USA
Phone
3013715875
Rating
34
Verdict
REVIEW
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$3,050
Expenses
$3,765
Assets
$380
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • STEVE R CHAPIN JR (PRESIDENT/TREASURER, BOARD)
  • STEVE BUCKLIN (EXECUTIVE DIRECTOR)

People named in this filing

  • JOHN ARCHER CHAPIN (SECRETARY, BOARD OF DIRECT)
  • STEVE R CHAPIN JR (PRESIDENT/TREASURER, BOARD)
  • STEVE BUCKLIN (EXECUTIVE DIRECTOR)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A downward spiral that can end in homelessness. Apartment angel, founded in 2012, is the only national organization that prevents apartment evictions through an innovative lending program. Our solution provides an interest-free loan for one month's rent to qualified apartment residents experiencing an unanticipated financial hardship. The loan is paid directly to the property on behalf of the resident, and the residents then repay their loans to apartment angel over a period of 6 to 12 months. Apartment angel is based in the Washington, dc area. We currently work with 78 apartment complexes in Georgia, Maryland, Michigan, North Carolina, South Carolina, and Virginia.

What it reported doing in 2025

Provided interest free loans to qualified apartment residents.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 28
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -23.4%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -19.3% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -13.1% per year; rating input score 0; 21st percentile among comparable filings
  • Asset growth: -14.6% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 20/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.