Quick charity verification for Neighborhood Capital Funding Inc (EIN: 113829932)
Verdict: Neighborhood Capital Funding Inc appears trustworthy
92/100Mission Score
$2.0MRevenue
$18.5MAssets
1Red Flags
4Strengths
Red Flags
Significant increase in liabilities alongside assets, suggesting reliance on debt financing.
Strengths
Consistent and substantial asset growth, from $343,685 in 2015 to $18,474,393 currently.
Steady revenue growth over the past decade, indicating increasing operational capacity.
Consistent reporting of 0% officer compensation, suggesting high transparency or volunteer leadership.
Generally positive net income (revenue exceeding expenses) in most filing periods.
AI Transparency Report
Neighborhood Capital Funding Inc demonstrates consistent financial growth and appears to be fiscally sound. Over the past decade, the organization has shown a steady increase in both revenue and assets, with assets growing from $343,685 in 2015 to $18,474,393 currently. This substantial asset growth, alongside a generally positive net income (revenue exceeding expenses in most years), indicates strong financial management and capacity building. The organization's liabilities have also grown proportionally with assets, suggesting that a significant portion of its assets may be financed through debt, which is common for organizations involved in capital funding. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive functions are performed by unpaid volunteers or through other arrangements not classified as officer compensation on the 990.