Ken-rock Elderly Apartments Inc is a 501(c)(3) organization based in Rockford, Illinois, registered in 1983, with $338,819 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$339K
▲ 4.8% vs prior year
Expenses (FY2024)
$322K
Net assets
-$419K
Employees
—
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 Ken-rock Elderly 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 →
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 Ken-rock Elderly Apartments Inc: 0 mo reserves · +5% margin earns a F on this criterion. See the exact thresholds →
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 Ken-rock Elderly 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 →
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 Ken-rock Elderly Apartments Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $260K (FY2013) to $339K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
5.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$389K
Total liabilities
$808K
Net assets
-$419K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $338,819▲4.8% | $321,811▼2.3% | -$419,263▲3.9% | $389,096▼1.6% | 990 |
| 2023 | $323,284▲6.9% | $329,439▲5.4% | -$436,271▼1.4% | $395,476▼7.0% | 990 |
| 2022 | $302,462▲1.3% | $312,479▲2.9% | -$430,116▼2.4% | $425,228▼7.6% | 990 |
| 2021 | $298,449▲1.5% | $303,571▼0.6% | -$420,099▼1.2% | $460,086▼5.5% | 990 |
| 2020 | $293,962▲2.6% | $305,432▲0.4% | -$414,977▼2.8% | $486,742▼5.5% | 990 |
| 2019 | $286,595▲1.7% | $304,149▲4.8% | -$403,507▼4.5% | $515,133▼6.7% | 990 |
| 2018 | $281,810▲2.1% | $290,241▼5.6% | -$385,953▼2.2% | $552,030▼4.7% | 990 |
| 2017 | $275,975▲0.4% | $307,479▼15.1% | -$377,522▼9.1% | $579,106▼8.6% | 990 |
| 2016 | $274,894▲5.8% | $362,373▲24.2% | -$346,018▲8.1% | $633,931▼2.4% | 990 |
| 2013 | $259,879 | $291,839▲5.6% | -$376,332▼9.3% | $649,725▼6.7% | 990 |
| 2012 | — | $276,237▲1.7% | -$344,372▼4.3% | $696,056▼2.1% | 990 |
| 2011 | — | $271,644▲1.0% | -$330,325▼5.4% | $711,020▼3.6% | 990 |
| 2010 | — | $268,958 | -$313,253 | $737,882 | 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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Data for Ken-rock Elderly Apartments Inc (EIN 36-3239888) 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.