Alabama Nonprofit Housing Inc
Alabama Nonprofit Housing Inc. shows significant revenue growth and zero officer compensation, but detailed spending efficiency is unclear from available data.
EIN: 134312776 · Raleigh, NC · NTEE: L21 · Updated: 2026-03-28
Is Alabama Nonprofit Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alabama Nonprofit Housing Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Alabama Nonprofit Housing Inc
Alabama Nonprofit Housing Inc (EIN: 134312776) is a nonprofit organization based in Raleigh, NC, classified under NTEE code L21. The organization reported total revenue of $1.6M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Nonprofit Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Nonprofit Housing Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $924K |
| Total Expenses | $921K |
| Surplus / Deficit | +$3K |
| Total Assets | $1.3M |
| Total Liabilities | $565K |
| Net Assets | $732K |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 43.6% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2023, Alabama Nonprofit Housing Inc reported a surplus of $3K with revenue exceeding expenses, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 43.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Alabama Nonprofit Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.1% | -23.3% | +0.5% |
| 2022 | +31.8% | +44.4% | -24.0% |
| 2021 | +2.6% | +244.2% | -1.5% |
| 2020 | +1109.7% | +167.3% | +61.2% |
| 2019 | -0.9% | +1.5% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Alabama Nonprofit Housing Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Alabama Nonprofit Housing Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with recent revenues exceeding $900,000.
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 Alabama Nonprofit Housing Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data, making precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Alabama Nonprofit Housing Inc:
- Consistent 0% officer compensation across all filings, indicating strong financial transparency and commitment to mission.
- Significant revenue growth from $73,452 in 2019 to $924,317 in 2023, suggesting increased capacity and impact.
- Expenses generally align with or are slightly below revenue in recent years, indicating sound financial management.
- Healthy asset base relative to liabilities, providing financial stability.
Frequently Asked Questions about Alabama Nonprofit Housing Inc
Is Alabama Nonprofit Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabama Nonprofit Housing Inc (EIN: 134312776) some concerns. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
How does Alabama Nonprofit Housing Inc spend its money?
Alabama Nonprofit Housing Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alabama Nonprofit Housing Inc tax-deductible?
Alabama Nonprofit Housing Inc is registered as a tax-exempt nonprofit (EIN: 134312776). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Alabama Nonprofit Housing Inc. a good charity?
Based on the available data, the organization demonstrates strong financial growth and excellent transparency regarding executive compensation (0%). However, without a detailed functional expense breakdown (program, admin, fundraising), it's challenging to fully assess its spending efficiency and the direct impact of its programs. The consistent zero officer compensation is a significant positive indicator.
How has the organization's revenue changed over time?
Revenue has shown significant growth, particularly from 2019 ($73,452) to 2023 ($924,317), indicating a substantial increase in financial activity and capacity.
What is the trend in the organization's assets?
Assets have fluctuated, peaking at $1,724,804 in 2020 and settling at $1,297,880 in 2023. While not consistently growing, they remain substantial relative to liabilities.
Does the organization pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no officers receive salaries from Alabama Nonprofit Housing Inc.
Filing History
IRS 990 filing history for Alabama Nonprofit Housing Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Alabama Nonprofit Housing Inc's revenue has grown by 31.7%, moving from $702K to $924K. Total assets increased by 337.4% over the same period, from $297K to $1.3M. In its most recent filing year (2023), Alabama Nonprofit Housing Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $565K in liabilities against $1.3M in assets (debt-to-asset ratio: 43.6%), resulting in net assets of $732K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $924K | $921K | $1.3M | $565K | — | — |
| 2022 | $1.2M | $1.2M | $1.3M | $562K | — | View 990 |
| 2021 | $912K | $832K | $1.7M | $334K | — | View 990 |
| 2020 | $889K | $242K | $1.7M | $326K | — | View 990 |
| 2019 | $73K | $90K | $1.1M | $318K | — | View 990 |
| 2018 | $74K | $89K | $1.1M | $318K | — | View 990 |
| 2017 | $74K | $94K | $1.1M | $328K | — | View 990 |
| 2016 | $82K | $72K | $1.1M | $331K | — | View 990 |
| 2015 | $63K | $73K | $1.1M | $348K | — | View 990 |
| 2013 | $67K | $72K | $1.2M | $363K | — | View 990 |
| 2012 | $41K | $30K | $1.2M | $376K | — | View 990 |
| 2011 | $702K | $0 | $297K | $367K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $924K, expenses of $921K, and assets of $1.3M (revenue -23.1% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $1.3M (revenue +31.8% year-over-year).
- 2021: Revenue of $912K, expenses of $832K, and assets of $1.7M (revenue +2.6% year-over-year).
- 2020: Revenue of $889K, expenses of $242K, and assets of $1.7M (revenue +1109.7% year-over-year).
- 2019: Revenue of $73K, expenses of $90K, and assets of $1.1M (revenue -0.9% year-over-year).
- 2018: Revenue of $74K, expenses of $89K, and assets of $1.1M (revenue +0.6% year-over-year).
- 2017: Revenue of $74K, expenses of $94K, and assets of $1.1M (revenue -10.0% year-over-year).
- 2016: Revenue of $82K, expenses of $72K, and assets of $1.1M (revenue +29.4% year-over-year).
- 2015: Revenue of $63K, expenses of $73K, and assets of $1.1M (revenue -5.7% year-over-year).
- 2013: Revenue of $67K, expenses of $72K, and assets of $1.2M (revenue +64.3% year-over-year).
- 2012: Revenue of $41K, expenses of $30K, and assets of $1.2M (revenue -94.2% year-over-year).
- 2011: Revenue of $702K, expenses of $0, and assets of $297K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabama Nonprofit Housing Inc:
Data Sources and Methodology
This transparency report for Alabama Nonprofit Housing 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.