Is Affordable Housing Opportunities Inc…

Quick charity verification for Affordable Housing Opportunities Inc (EIN: 201237467)

Red Flags

Frequent reporting of expenses exceeding revenue, raising questions about long-term operational sustainability without external capital injections.
0% officer compensation reported across all filings, which is highly unusual for an organization managing nearly $80 million in assets and could indicate a lack of transparency in executive remuneration.
Significant year-over-year revenue volatility (e.g., $26M in 2022 vs. $3M in 2023) without clear explanation in summary data, suggesting reliance on infrequent large transactions.

Strengths

Strong asset growth, from $8.6M in 2014 to $79.7M currently, indicating successful capital accumulation and investment in its mission.
Consistent filing history (14 filings), demonstrating good transparency and compliance with IRS reporting requirements.
Focus on affordable housing (NTEE L21) with substantial assets dedicated to the mission.
Low reported administrative and fundraising costs, as implied by 0% officer compensation, suggesting efficient use of funds at the executive level.

Spending Breakdown

How Affordable Housing Opportunities Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Affordable Housing Opportunities Inc

Is Affordable Housing Opportunities Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Affordable Housing Opportunities Inc (EIN: 201237467) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.

Is Affordable Housing Opportunities Inc a good charity to donate to?

Affordable Housing Opportunities Inc has a Mission Score of 85/100. Revenue: $3.1M. Assets: $79.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Affordable Housing Opportunities Inc?

The Employer Identification Number (EIN) for Affordable Housing Opportunities Inc is 201237467. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Affordable Housing Opportunities Inc spend its money?

Affordable Housing Opportunities Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Affordable Housing Opportunities Inc's tax-exempt status?

You can verify Affordable Housing Opportunities Inc's tax-exempt status using EIN 201237467 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Affordable Housing Opportunities Inc. demonstrates a commitment to its mission of providing affordable housing, as evidenced by its consistent program spending. The organization's financial health shows significant asset growth, from $8,676,497 in 2014 to $79,774,288 currently, indicating successful capital accumulation, likely through property development or acquisition. However, the organization has frequently reported expenses exceeding revenue in recent years, such as in 2023 where expenses were $3,940,529 against revenue of $3,373,234, and in 2021 with expenses of $4,329,368 against revenue of $3,175,376. This trend, while not uncommon for organizations managing long-term assets, warrants monitoring to ensure long-term operational sustainability without relying solely on asset appreciation or one-time gains.

The organization's spending efficiency appears strong in terms of administrative and fundraising costs, as indicated by the 0% officer compensation reported across all filings, suggesting a lean operational structure at the executive level. The substantial liabilities, such as $28,166,002 in 2023, are typical for real estate-focused nonprofits that utilize debt financing for property development and acquisition. Transparency is generally good with consistent IRS 990 filings over 14 periods, providing a clear historical financial picture. The significant revenue spike in 2022 to $26,244,241, compared to typical revenues around $3 million, suggests a major one-time event, such as a large grant, property sale, or refinancing, which should be further investigated for a complete understanding of financial strategy.

Is Affordable Housing Opportunities Inc Legit?

Verdict: Affordable Housing Opportunities Inc appears trustworthy