Group home for the developmentally disabled.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
1 of 6
filings with a surplus
Average deficit $8K a year · 21% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
33 mo
of spending, in cash
Looks good: 32.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$40K
7% of total assets
Looks good: liabilities are 7% 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
$42K
-3% vs prior year
Spent
$56K
To programs
82%
Net assets
$536K
By yearFY2020–FY2025
Revenue
$42K
FY2025▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$35K
FY2021$35K
FY2022$35K
FY2023$43K
FY2024$44K
FY2025$42K
Expenses
$56K
FY2025▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$40K
FY2021$39K
FY2022$57K
FY2023$39K
FY2024$53K
FY2025$56K
Net assets
$536K
FY2025▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$581K
FY2021$577K
FY2022$555K
FY2023$559K
FY2024$549K
FY2025$536K

From the FY2025 Form 990 (year ending June 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1999.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $46K Management & general 18% · $10K

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

Something off? Claim to add context

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 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 III INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Provides housing and support for adults with developmental disabilities.

Questions for Falcon Park III INC

Tap to ask. Falcon Park III INC sees how many people are interested.

Your first name shows with your question. Falcon Park III INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $46K · in their own filed words · FY2024
01

Provide developmentally disabled or handicapped persons with housing facilities (apartment) specifically designed to meet their needs.

$46Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$42K
Ln 12
Fees for servicesLn 2g$42K
Other incomeLn 4–11$509
Investment incomeLn 3$147
Money outPt IX
$56K
Ln 25
Programscol B$46K
Managementcol C$10K
Owns and owesPt X
$536K
net assets · Ln 32
Cash and savingsLn 1–2$153K
Total assetsLn 16$576K
LiabilitiesLn 26$40K
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$42K
Investment incomeLn 3$147
Other incomeLn 4–11$509
Total revenueLn 12$42K
Assets in detailPt X, end of year
CashLn 1$153K
Cash and savings togetherLn 1–2$153K
Land, buildings, equipmentLn 10c$423K
Total assetsLn 16$576K
LiabilitiesLn 26$40K
Net assetsLn 32$536K
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 FY25End FY25
Cash and savingsLn 1–2$150K$153K
Land, buildings, equipmentLn 10c$440K$423K
Total assetsLn 16$590K$576K
LiabilitiesLn 26$41K$40K
Net assetsLn 32$549K$536K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$8K$8K
OccupancyLn 16$6K$6K
Depreciation, depletion and amortizationLn 22$29K$29K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$11K$11K
Total functional expensesLn 25$56K$46K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $42K$56K−$14K$536K 990 PDF
FY2024 $44K$53K−$10K$549K 990 PDF
FY2023 $43K$39K$4K$559K 990 PDF
FY2022 $35K$57K−$22K$555K 990 PDF
FY2021 $35K$39K−$4K$577K 990 PDF
FY2020 $35K$40K−$4K$581K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $42,277 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $43,478$41,621
I-10 Investment incomePrior year $161$147
I-11 Other revenuePrior year $0$509
I-12 Total revenuePrior year $43,639$42,277
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 $53,154$55,816
I-18 Total expensesPrior year $53,154$55,816
I-19 Revenue less expensesPrior year −$9,515−$13,539
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 $42,277 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $41,621$41,621
VIII-3 Investment incomeRelated to mission $147$147
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $509$509
VIII-12 Total revenueRelated to mission $42,277 · Unrelated business $0 · Excluded from tax $0$42,277
Part IX · Statement of functional expenses $55,816 across 5 lines filed
IX-11c Accounting feesManagement $7,745$7,745
IX-16 OccupancyPrograms $5,766$5,766
IX-22 Depreciation, depletion and amortizationPrograms $28,729$28,729
IX-23 InsuranceManagement $2,394$2,394
IX-24 Other expenses (24a–d)Programs $11,182$11,182
IX-25 Total functional expensesPrograms $45,677 · Management $10,139 · Fundraising $0$55,816
Part X · Balance sheet $576,124 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $150,285$153,113
X-10c Land, buildings and equipment, netStart of year $439,540$423,011
X-16 Total assetsStart of year $589,825$576,124
X-17 Accounts payable and accrued expensesStart of year $8,071$8,130
X-25 Other liabilitiesStart of year $32,460$32,239
X-26 Total liabilitiesStart of year $40,531$40,369
X-27 Net assets without donor restrictionsStart of year $549,294$535,755
X-32 Total net assets or fund balancesStart of year $549,294$535,755
X-33 Total liabilities and net assetsStart of year $589,825$576,124
Part XI · Reconciliation of net assets $535,755 net assets at year end
XI-1 Total revenue$42,277
XI-2 Total expenses$55,816
XI-3 Revenue less expenses−$13,539
XI-4 Net assets at start of year$549,294
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$535,755

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.