Bonaparte Development Inc
Nonprofit profile at a glance
- EIN
- 421133331
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- West Liberty, IA, USA
- Phone
- 3196272626
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $156,337
- Expenses
- $136,085
- Assets
- $226,557
- Liabilities
- $240,636
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Sandra Maxwell (President)
People named in this filing
- Sandra Maxwell (President)
- Kathy Saltgaver (Secretary/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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization provides housing for low to moderate income elderly and disabled individuals on a sliding fee scale. 24 apartments, 25 residents.
What it reported doing in 2024
Provide safe and affordable housing for very low to moderate income individuals.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.2%; rating input score 91
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 13%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 1.66; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 1.06; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3.1% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: -1.6% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 91.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $143K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Filing history: 7 filing years from 2011 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.