Affordable Housing Accreditation Board
EIN: 464458654 · Cheshire, CT · NTEE: L05
| Metric | Value |
|---|---|
| Total Revenue | $425K |
| Total Expenses | $390K |
| Net Assets | $28K |
Is Affordable Housing Accreditation Board Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Affordable Housing Accreditation Board
Affordable Housing Accreditation Board (EIN: 464458654) is a nonprofit organization based in Cheshire, CT, classified under NTEE code L05. The organization reported total revenue of $425K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Affordable Housing Accreditation Board's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Affordable Housing Accreditation Board is a small nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2014–2021). Revenue has grown at a compound annual rate of -6.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $425K |
| Total Expenses | $390K |
| Surplus / Deficit | +$35K |
| Total Assets | $114K |
| Total Liabilities | $85K |
| Net Assets | $28K |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 75.0% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2021, Affordable Housing Accreditation Board reported a surplus of $35K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 75.0% (high leverage).
Financial Trends
Over 8 years of filings (2014–2021), Affordable Housing Accreditation Board's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +8.8% | +2.0% | +32.6% |
| 2020 | -27.5% | -22.9% | +305.6% |
| 2019 | +34.5% | +24.0% | -95.1% |
| 2018 | +8.8% | +8.8% | -28.1% |
| 2017 | -29.3% | -29.3% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Affordable Housing Accreditation Board has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Affordable Housing Accreditation Board with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 75.0%.
Frequently Asked Questions about Affordable Housing Accreditation Board
Is Affordable Housing Accreditation Board a legitimate charity?
Affordable Housing Accreditation Board (EIN: 464458654) is a registered tax-exempt nonprofit based in Connecticut. It has 8 years of IRS 990 filings on record. Total revenue: $425K. No red flags identified. Financial health grade: A.
How does Affordable Housing Accreditation Board spend its money?
Affordable Housing Accreditation Board reported $425K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Affordable Housing Accreditation Board tax-deductible?
Affordable Housing Accreditation Board is registered as a tax-exempt nonprofit (EIN: 464458654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Affordable Housing Accreditation Board located?
Affordable Housing Accreditation Board is headquartered in Cheshire, Connecticut and files with the IRS under EIN 464458654. It is classified under NTEE code L05.
How many years of IRS 990 filings does Affordable Housing Accreditation Board have?
Affordable Housing Accreditation Board has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $425K in total revenue.
Filing History
IRS 990 filing history for Affordable Housing Accreditation Board showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2021), Affordable Housing Accreditation Board's revenue has declined by 37.8%, moving from $683K to $425K. Total assets decreased by 79.7% over the same period, from $561K to $114K. Total functional expenses fell by 42.8%, from $683K to $390K. In its most recent filing year (2021), Affordable Housing Accreditation Board reported a surplus of $35K, with revenue exceeding expenses. The organization holds $85K in liabilities against $114K in assets (debt-to-asset ratio: 75.0%), resulting in net assets of $28K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $425K | $390K | $114K | $85K | — | View 990 |
| 2020 | $390K | $383K | $86K | $76K | — | — |
| 2019 | $539K | $497K | $21K | $19K | — | View 990 |
| 2018 | $400K | $400K | $433K | $473K | — | View 990 |
| 2017 | $368K | $368K | $602K | $642K | — | View 990 |
| 2016 | $521K | $521K | $575K | $615K | — | View 990 |
| 2015 | $651K | $651K | $473K | $513K | — | View 990 |
| 2014 | $683K | $683K | $561K | $601K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $425K, expenses of $390K, and assets of $114K (revenue +8.8% year-over-year).
- 2020: Revenue of $390K, expenses of $383K, and assets of $86K (revenue -27.5% year-over-year).
- 2019: Revenue of $539K, expenses of $497K, and assets of $21K (revenue +34.5% year-over-year).
- 2018: Revenue of $400K, expenses of $400K, and assets of $433K (revenue +8.8% year-over-year).
- 2017: Revenue of $368K, expenses of $368K, and assets of $602K (revenue -29.3% year-over-year).
- 2016: Revenue of $521K, expenses of $521K, and assets of $575K (revenue -20.0% year-over-year).
- 2015: Revenue of $651K, expenses of $651K, and assets of $473K (revenue -4.7% year-over-year).
- 2014: Revenue of $683K, expenses of $683K, and assets of $561K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Affordable Housing Accreditation Board:
Data Sources and Methodology
This transparency report for Affordable Housing Accreditation Board is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.