Affordable Housing Education And Development Inc
Affordable Housing Education And Development Inc - Transparent Spending and Strong Mission Focus
EIN: 223159643 · Littleton, NH · NTEE: L200 · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $3.3M |
| Program Spending | 55% |
| Net Assets | $7.9M |
| Transparency Score | 85/100 |
Is Affordable Housing Education And Development Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Affordable Housing Education And Development Inc directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Affordable Housing Education And Development Inc
Affordable Housing Education And Development Inc (EIN: 223159643) is a nonprofit organization based in Littleton, NH, classified under NTEE code L200. The organization reported total revenue of $5.3M and total assets of $11.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Affordable Housing Education And Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Affordable Housing Education And Development Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.3M |
| Surplus / Deficit | +$321K |
| Total Assets | $10.7M |
| Total Liabilities | $2.7M |
| Net Assets | $7.9M |
| Operating Margin | 9.0% |
| Debt-to-Asset Ratio | 25.7% |
| Months of Reserves | 39.2 months |
Financial Health Grade: A
In 2023, Affordable Housing Education And Development Inc reported a surplus of $321K with revenue exceeding expenses, holds 39.2 months of operating reserves (strong position), has a debt-to-asset ratio of 25.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Affordable Housing Education And Development Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.3% | +14.5% | +3.9% |
| 2022 | -18.1% | -11.8% | +1.4% |
| 2021 | +12.1% | +18.6% | +1.5% |
| 2020 | +37.0% | +11.4% | +15.6% |
| 2019 | -45.3% | -42.0% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Affordable Housing Education And Development Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 55%
- fundraising: 20%
According to IRS 990 filings, Affordable Housing Education And Development Inc allocates its expenses as follows: admin: 25%, programs: 55%, fundraising: 20%. Approximately 55% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $321K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.7%.
Executive Compensation Analysis
Executive compensation remains at a modest level, with no significant increases over the past five years.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Affordable Housing Education And Development Inc's IRS 990 filings:
- No significant changes in spending categories or program allocations over the past five years.
Strengths
The following positive indicators were identified for Affordable Housing Education And Development Inc:
- Consistent and transparent reporting of spending categories, ensuring accountability and trust.
Frequently Asked Questions about Affordable Housing Education And Development Inc
Is Affordable Housing Education And Development Inc a legitimate charity?
Affordable Housing Education And Development Inc (EIN: 223159643) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.3M. 1 red flag identified. 1 strength noted. Financial health grade: A.
How does Affordable Housing Education And Development Inc spend its money?
Affordable Housing Education And Development Inc directs 55% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Affordable Housing Education And Development Inc tax-deductible?
Affordable Housing Education And Development Inc is registered as a tax-exempt nonprofit (EIN: 223159643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Affordable Housing Education And Development Inc's spending goes to programs?
Affordable Housing Education And Development Inc directs 55% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Affordable Housing Education And Development Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Affordable Housing Education And Development Inc is above average for NTEE category L200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Affordable Housing Education And Development Inc located?
Affordable Housing Education And Development Inc is headquartered in Littleton, New Hampshire and files with the IRS under EIN 223159643. It is classified under NTEE code L200.
How many years of IRS 990 filings does Affordable Housing Education And Development Inc have?
Affordable Housing Education And Development Inc has 13 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 $5.3M in total revenue.
What does Affordable Housing Education And Development Inc do?
Affordable Housing Education And Development Inc is a nonprofit organization in the Housing & Shelter sector, located in Littleton, New Hampshire. It is classified under NTEE code L200.
How much revenue does Affordable Housing Education And Development Inc have?
Affordable Housing Education And Development Inc reported total revenue of $5,299,516. Based on 13 IRS 990 filings on record.
What are Affordable Housing Education And Development Inc's total assets?
Affordable Housing Education And Development Inc holds total assets of $11,621,788 as reported in IRS 990 filings.
Where is Affordable Housing Education And Development Inc located?
Affordable Housing Education And Development Inc is based in Littleton, New Hampshire.
What is Affordable Housing Education And Development Inc's EIN?
Affordable Housing Education And Development Inc's Employer Identification Number (EIN) is 223159643. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Affordable Housing Education And Development Inc?
Affordable Housing Education And Development Inc is classified under NTEE code L200 (Housing & Shelter).
Is Affordable Housing Education And Development Inc a registered 501(c)(3)?
Yes, Affordable Housing Education And Development Inc is recognized as a tax-exempt organization by the IRS. EIN: 223159643.
Does Affordable Housing Education And Development Inc file IRS Form 990?
Yes, Affordable Housing Education And Development Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Affordable Housing Education And Development Inc's revenue in 2023?
In the 202312 filing period, Affordable Housing Education And Development Inc reported total revenue of $3,587,492, total expenses of $3,266,369, and net assets of $10,668,210.
Is Affordable Housing Education And Development Inc's revenue growing or declining?
Affordable Housing Education And Development Inc's revenue is growing. Revenue went from $2,795,539 (202212) to $3,587,492 (202312), a +28.3% change. Based on 13 filings on record.
What is Affordable Housing Education And Development Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Affordable Housing Education And Development Inc covers tax period 202312. It shows revenue of $3,587,492, expenses of $3,266,369, total assets of $10,668,210, and liabilities of $2,736,580.
How much does Affordable Housing Education And Development Inc spend on programs vs administration?
Based on IRS 990 analysis, Affordable Housing Education And Development Inc allocates approximately 55% of expenses to program services, 25% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Affordable Housing Education And Development Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Affordable Housing Education And Development Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Affordable Housing Education And Development Inc?
The following concerns were identified: No significant changes in spending categories or program allocations over the past five years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Affordable Housing Education And Development Inc's strengths?
Positive indicators for Affordable Housing Education And Development Inc include: Consistent and transparent reporting of spending categories, ensuring accountability and trust.. These findings are derived from AI analysis of the organization's financial filings.
How does Affordable Housing Education And Development Inc compensate executives?
Executive compensation remains at a modest level, with no significant increases over the past five years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What specific programs does Affordable Housing Education And Development Inc focus on?
The organization primarily focuses on education and development programs aimed at increasing affordable housing options and awareness in the community.
How does the organization ensure transparency in its spending?
Affordable Housing Education And Development Inc provides detailed annual reports that break down spending into specific categories, ensuring that all funds are clearly allocated to programs, administration, and fundraising.
What is the organization's approach to fundraising?
The organization dedicates a portion of its budget to fundraising activities aimed at securing additional resources to support its core programs and initiatives.
Filing History
IRS 990 filing history for Affordable Housing Education And Development Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Affordable Housing Education And Development Inc's revenue has declined by 47.2%, moving from $6.8M to $3.6M. Total assets increased by 16.6% over the same period, from $9.2M to $10.7M. Total functional expenses rose by 76.8%, from $1.8M to $3.3M. In its most recent filing year (2023), Affordable Housing Education And Development Inc reported a surplus of $321K, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $10.7M in assets (debt-to-asset ratio: 25.7%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.3M | $10.7M | $2.7M | — | View 990 |
| 2022 | $2.8M | $2.9M | $10.3M | $2.8M | — | View 990 |
| 2021 | $3.4M | $3.2M | $10.1M | $2.5M | — | View 990 |
| 2020 | $3.0M | $2.7M | $10.0M | $2.5M | — | View 990 |
| 2019 | $2.2M | $2.4M | $8.6M | $1.5M | — | View 990 |
| 2018 | $4.1M | $4.2M | $8.1M | $676K | — | View 990 |
| 2017 | $3.0M | $2.7M | $8.9M | $905K | — | View 990 |
| 2016 | $2.2M | $2.2M | $8.5M | $674K | — | View 990 |
| 2015 | $2.4M | $2.2M | $10.8M | $1.1M | — | View 990 |
| 2014 | $2.0M | $2.1M | $10.2M | $700K | — | View 990 |
| 2013 | $1.7M | $1.8M | $9.7M | $139K | — | View 990 |
| 2012 | $2.9M | $1.8M | $9.9M | $321K | — | View 990 |
| 2011 | $6.8M | $1.8M | $9.2M | $327K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.3M, and assets of $10.7M (revenue +28.3% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.9M, and assets of $10.3M (revenue -18.1% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.2M, and assets of $10.1M (revenue +12.1% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.7M, and assets of $10.0M (revenue +37.0% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.4M, and assets of $8.6M (revenue -45.3% year-over-year).
- 2018: Revenue of $4.1M, expenses of $4.2M, and assets of $8.1M (revenue +37.3% year-over-year).
- 2017: Revenue of $3.0M, expenses of $2.7M, and assets of $8.9M (revenue +34.5% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.2M, and assets of $8.5M (revenue -9.2% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.2M, and assets of $10.8M (revenue +18.9% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.1M, and assets of $10.2M (revenue +18.5% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.8M, and assets of $9.7M (revenue -40.5% year-over-year).
- 2012: Revenue of $2.9M, expenses of $1.8M, and assets of $9.9M (revenue -57.4% year-over-year).
- 2011: Revenue of $6.8M, expenses of $1.8M, and assets of $9.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Affordable Housing Education And Development Inc:
Data Sources and Methodology
This transparency report for Affordable Housing Education And Development Inc 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.