Ahepa-penelope District One Apartments of Hoover Inc
Only null% goes to programs Strong reserves Growing revenue
Ahepa-penelope District One Apartments of Hoover Inc is a 501(c)(3) organization based in Hoover, Alabama, registered in 2006, with $570,077 in FY2024 revenue. CharityIndex grades it C.
3008 Oakhill Drive, Hoover, AL, 35216 EIN 06-1783644 Since 2006
Revenue (FY2024)
$570K
▲ 12.7% vs prior year
Housing median: $408K
Expenses (FY2024)
$683K
Net assets
$4.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ahepa-penelope District One Apartments of Hoover Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating82 mo reserves · -20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ahepa-penelope District One Apartments of Hoover Inc: 82 mo reserves · -20% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ahepa-penelope District One Apartments of Hoover Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ahepa-penelope District One Apartments of Hoover Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3008 Oakhill Drive, Hoover, AL, 35216
- City
- Hoover
- State
- Alabama
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $437K (FY2019) to $570K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $45KNet assets $4.7M
Operating margin
-19.9%
Spent more than it raised in the latest fiscal year.
Total assets
$4.7M
Total liabilities
$45K
Net assets
$4.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $570,077▲12.7% | $683,284▲17.1% | $4,658,642▼2.4% | $4,703,751▼2.2% | 990 |
| 2023 | $505,759▲9.2% | $583,392▼4.2% | $4,771,849▼1.6% | $4,810,213▼1.8% | 990 |
| 2022 | $463,348▲1.9% | $609,217▼0.4% | $4,849,482▼2.9% | $4,898,439▼2.6% | 990 |
| 2021 | $454,639▲1.3% | $611,731▲12.7% | $4,995,351▼3.0% | $5,026,971▼3.4% | 990 |
| 2020 | $448,881▲2.8% | $542,614▼0.7% | $5,152,443▼1.8% | $5,202,492▼1.4% | 990 |
| 2019 | $436,674 | $546,437 | $5,246,176 | $5,276,526 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Ahepa-penelope District One Apartments of Hoover Inc
Frequently asked questions
- Is Ahepa-penelope District One Apartments of Hoover Inc a legitimate nonprofit?
- Yes. Ahepa-penelope District One Apartments of Hoover Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1783644, based in Hoover, Alabama. Donations are tax-deductible.
- What is Ahepa-penelope District One Apartments of Hoover Inc's EIN?
- Ahepa-penelope District One Apartments of Hoover Inc's Employer Identification Number (EIN) is 06-1783644.
- How much revenue does Ahepa-penelope District One Apartments of Hoover Inc report?
- Ahepa-penelope District One Apartments of Hoover Inc reported $570,077 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ahepa-penelope District One Apartments of Hoover Inc have?
- CharityIndex grades Ahepa-penelope District One Apartments of Hoover Inc C, based on financial health (reserves and operating margin).
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Data for Ahepa-penelope District One Apartments of Hoover Inc (EIN 06-1783644) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.