Farrell-bell Senior Housing Apartments Inc
Only null% goes to programs Thin reserves
Farrell-bell Senior Housing Apartments Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 2013, with $421,579 in FY2024 revenue. CharityIndex grades it F.
3935 North Franklin Road, Indianapolis, IN, 46226 EIN 26-1837410 Since 2013
Revenue (FY2024)
$422K
▲ 6.6% vs prior year
Housing median: $408K
Expenses (FY2024)
$577K
Net assets
-$2.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Farrell-bell Senior Housing Apartments Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -37% 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 Farrell-bell Senior Housing Apartments Inc: 0 mo reserves · -37% margin earns a F 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 Farrell-bell Senior Housing Apartments 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 Farrell-bell Senior Housing Apartments Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3935 North Franklin Road, Indianapolis, IN, 46226
- City
- Indianapolis
- State
- Indiana
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $215K (FY2013) to $422K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.7MNet assets -$2.2M
Operating margin
-36.9%
Spent more than it raised in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$4.7M
Net assets
-$2.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $421,579▲6.6% | $577,234▲0.8% | -$2,240,902▼7.5% | $2,488,044▼4.5% | 990 |
| 2023 | $395,405▲7.3% | $572,815▼7.1% | -$2,085,247▼9.3% | $2,604,059▼6.7% | 990 |
| 2022 | $368,597▼3.3% | $616,491▲13.5% | -$1,907,837▼14.9% | $2,791,903▼7.3% | 990 |
| 2021 | $381,088▲5.3% | $543,094▲8.9% | -$1,659,943▼10.8% | $3,011,583▼5.0% | 990 |
| 2020 | $361,777▲6.0% | $498,609▲1.7% | -$1,497,937▼10.1% | $3,169,010▼4.4% | 990 |
| 2019 | $341,327▲4.8% | $490,392▲1.1% | -$1,361,105▼12.3% | $3,315,771▼4.5% | 990 |
| 2018 | $325,623▲7.6% | $485,179▲8.9% | -$1,212,040▼15.2% | $3,470,749▼4.3% | 990 |
| 2017 | $302,538▲8.1% | $445,565▲0.7% | -$1,052,484▼15.7% | $3,626,555▼3.4% | 990 |
| 2016 | $279,917▲9.7% | $442,609▲7.1% | -$909,457▼21.8% | $3,755,911▼4.2% | 990 |
| 2015 | $255,121▲18.9% | $413,107▲2.1% | -$746,765▼26.8% | $3,919,373▼4.2% | 990 |
| 2014 | $214,512▼0.2% | $404,417▲7.9% | -$588,779▼47.6% | $4,092,421▼3.9% | 990 |
| 2013 | $214,845 | $374,647▲4.2% | -$398,874▼66.8% | $4,260,083▼3.6% | 990 |
| 2012 | — | $359,511 | -$239,072 | $4,419,626 | 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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Frequently asked questions
- Is Farrell-bell Senior Housing Apartments Inc a legitimate nonprofit?
- Yes. Farrell-bell Senior Housing Apartments Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-1837410, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Farrell-bell Senior Housing Apartments Inc's EIN?
- Farrell-bell Senior Housing Apartments Inc's Employer Identification Number (EIN) is 26-1837410.
- How much revenue does Farrell-bell Senior Housing Apartments Inc report?
- Farrell-bell Senior Housing Apartments Inc reported $421,579 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Farrell-bell Senior Housing Apartments Inc have?
- CharityIndex grades Farrell-bell Senior Housing Apartments Inc F, based on financial health (reserves and operating margin).
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Data for Farrell-bell Senior Housing Apartments Inc (EIN 26-1837410) 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.