Highly volatile revenue, including a negative revenue year ($-98,182 in 2022).
Significant decrease in assets from $2.1M in 2019 to $0.8M in 2023 without clear explanation in provided data.
Unusually consistent zero officer compensation for an organization with over $1 million in assets, which may warrant further inquiry into how leadership is compensated or structured.
Strengths
Consistent reporting of 0% officer compensation, indicating strong transparency in this area.
Long filing history (12 filings) demonstrates consistent compliance with IRS reporting requirements.
Spending Breakdown
How Nevada Rural Housing Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Nevada Rural Housing Inc
Is Nevada Rural Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nevada Rural Housing Inc (EIN: 201594213) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Nevada Rural Housing Inc a good charity to donate to?
Nevada Rural Housing Inc has a Mission Score of 70/100. Revenue: $311K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nevada Rural Housing Inc?
The Employer Identification Number (EIN) for Nevada Rural Housing Inc is 201594213. 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 Nevada Rural Housing Inc spend its money?
Nevada Rural Housing Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nevada Rural Housing Inc's tax-exempt status?
You can verify Nevada Rural Housing Inc's tax-exempt status using EIN 201594213 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
Nevada Rural Housing Inc. demonstrates a mixed financial picture. While the organization has consistently reported zero officer compensation across all available filings, indicating good transparency regarding executive pay, its revenue has been highly volatile. For instance, revenue swung from $398,178 in 2021 to a negative $98,182 in 2022, before recovering to $211,470 in 2023. This significant fluctuation, including a negative revenue year, suggests potential reliance on unpredictable funding sources or significant one-time events. The organization's assets have also shown considerable variation, peaking at $2,165,400 in 2019 and then declining to $849,445 by 2023, while liabilities have remained relatively stable, indicating a reduction in overall financial scale. Further analysis of their program spending breakdown would be necessary to fully assess spending efficiency, but the consistent zero officer compensation is a positive sign for transparency.