Total assets have shown a consistent decline from $2,413,076 in 2020 to $1,956,227 in 2023, indicating a potential long-term financial contraction.
The organization consistently reports 0% cash on hand ('c0%'), which could indicate tight liquidity management or a reliance on other asset classes for operational needs.
Strengths
Revenue has shown a positive trend in recent years, increasing from $381,322 in 2019 to $869,223 in 2023, suggesting growing support or successful fundraising efforts.
Expenses have remained relatively stable in proportion to revenue, indicating consistent operational cost management.
AI Transparency Report
Coastal Affordable Housing is a housing & shelter nonprofit based in Hope, Maine, with reported revenue of $869K and assets of $2.0M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation cannot be fully assessed without specific salary disclosures, as the provided data does not itemize individual compensation figures. Revenue has grown +76% across 13 filing periods.