The organization provides hud project housing for developmentally disabled individual in a group apartment setting.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $5K a year · 14% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
45 mo
of spending, in cash
Looks good: 45.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$28K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$33K
+10% vs prior year
Spent
$42K
To programs
78%
Net assets
$184K
By yearFY2020–FY2025
Revenue
$33K
FY2024▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$38K
FY2021$37K
FY2022$34K
FY2023$30K
FY2024$33K
FY2025$35K
Expenses
$42K
FY2024▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$38K
FY2021$33K
FY2022$46K
FY2023$39K
FY2024$42K
FY2025$38K
Net assets
$184K
FY2024▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$210K
FY2021$214K
FY2022$201K
FY2023$192K
FY2024$184K
FY2025$181K

From the FY2024 Form 990 (year ending June 2024) · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $33K Management & general 22% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Falcon Park INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers housing in group apartments for people with developmental disabilities.

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Provided by the organization

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1 program · $33K · in their own filed words · FY2023
01

To provide developmentally disabled or handicapped persons with housing facilities designed to meet their needs.

$33Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$33K
Ln 12
Fees for servicesLn 2g$33K
Investment incomeLn 3$201
Money outPt IX
$42K
Ln 25
Programscol B$33K
Managementcol C$9K
Owns and owesPt X
$184K
net assets · Ln 32
Cash and savingsLn 1–2$157K
Total assetsLn 16$212K
LiabilitiesLn 26$28K
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$33K
Investment incomeLn 3$201
Total revenueLn 12$33K
Assets in detailPt X, end of year
CashLn 1$157K
Cash and savings togetherLn 1–2$157K
Land, buildings, equipmentLn 10c$55K
Total assetsLn 16$212K
LiabilitiesLn 26$28K
Net assetsLn 32$184K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$161K$157K
Land, buildings, equipmentLn 10c$59K$55K
Total assetsLn 16$220K$212K
LiabilitiesLn 26$27K$28K
Net assetsLn 32$192K$184K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$7K$7K
OccupancyLn 16$10K$10K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$18K$18K
Total functional expensesLn 25$42K$33K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $35K$38K−$3K$181K 990 PDF
FY2024 Viewing $33K$42K−$8K$184K 990 PDF
FY2023 $30K$39K−$9K$192K 990 PDF
FY2022 $34K$46K−$12K$201K 990 PDF
FY2021 $37K$33K$4K$214K 990 PDF
FY2020 $38K$38K$536$210K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $33,320 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $30,207$33,119
I-10 Investment incomePrior year $79$201
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $30,286$33,320
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $39,345$41,694
I-18 Total expensesPrior year $39,345$41,694
I-19 Revenue less expensesPrior year −$9,059−$8,374
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $33,320 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $33,119$33,119
VIII-3 Investment incomeRelated to mission $201$201
VIII-12 Total revenueRelated to mission $33,320 · Unrelated business $0 · Excluded from tax $0$33,320
Part IX · Statement of functional expenses $41,694 across 5 lines filed
IX-11c Accounting feesManagement $7,200$7,200
IX-16 OccupancyPrograms $10,358$10,358
IX-22 Depreciation, depletion and amortizationPrograms $3,994$3,994
IX-23 InsuranceManagement $1,988$1,988
IX-24 Other expenses (24a–d)Programs $18,154$18,154
IX-25 Total functional expensesPrograms $32,506 · Management $9,188 · Fundraising $0$41,694
Part X · Balance sheet $211,795 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $160,569$156,768
X-10c Land, buildings and equipment, netStart of year $59,021$55,027
X-16 Total assetsStart of year $219,590$211,795
X-17 Accounts payable and accrued expensesStart of year $8,401$8,485
X-25 Other liabilitiesStart of year $18,979$19,474
X-26 Total liabilitiesStart of year $27,380$27,959
X-27 Net assets without donor restrictionsStart of year $192,210$183,836
X-32 Total net assets or fund balancesStart of year $192,210$183,836
X-33 Total liabilities and net assetsStart of year $219,590$211,795
Part XI · Reconciliation of net assets $183,836 net assets at year end
XI-1 Total revenue$33,320
XI-2 Total expenses$41,694
XI-3 Revenue less expenses−$8,374
XI-4 Net assets at start of year$192,210
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$183,836

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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