Associates Supported Housing
Associates Supported Housing consistently operates at a deficit with declining assets and high liabilities.
EIN: 205091342 · West Des Moines, IA · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $75K |
| Total Expenses | $94K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $75,000. |
| Net Assets | $-303,824 |
| Transparency Score | 45/100 |
Is Associates Supported Housing Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Associates Supported Housing directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Associates Supported Housing
Associates Supported Housing (EIN: 205091342) is a nonprofit organization based in West Des Moines, IA, classified under NTEE code L20. The organization reported total revenue of $75K and total assets of $817K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Associates Supported Housing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Associates Supported Housing is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $94K |
| Surplus / Deficit | $-19,665 |
| Total Assets | $842K |
| Total Liabilities | $1.1M |
| Net Assets | $-303,824 |
| Operating Margin | -26.3% |
| Debt-to-Asset Ratio | 136.1% |
| Months of Reserves | 107.1 months |
Financial Health Grade: C
In 2023, Associates Supported Housing reported a deficit of $20K with expenses exceeding revenue, holds 107.1 months of operating reserves (strong position), has a debt-to-asset ratio of 136.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Associates Supported Housing's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | -0.3% | -2.2% |
| 2022 | +6.3% | +4.5% | -1.4% |
| 2021 | -1.9% | +2.4% | -2.9% |
| 2020 | -18.8% | -1.2% | -1.0% |
| 2019 | +31.4% | +2.8% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Associates Supported Housing with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Associates Supported Housing allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 136.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation is paid to officers, which is a positive sign for minimizing overhead in this area, especially for an organization of its size with annual revenues under $75,000.
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 Associates Supported Housing's IRS 990 filings:
- Consistent annual operating deficits (e.g., $19,665 in 2023, $19,767 in 2022).
- Declining asset base over the past decade (from $972,977 in 2014 to $842,287 in 2023).
- Liabilities consistently exceed assets, indicating potential solvency issues (e.g., $1,146,111 liabilities vs. $842,287 assets in 2023).
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data to assess spending efficiency fully.
Strengths
The following positive indicators were identified for Associates Supported Housing:
- 0% officer compensation reported across all filings, indicating no executive salary burden.
- Long filing history (13 filings) suggests consistent reporting to the IRS.
Frequently Asked Questions about Associates Supported Housing
Is Associates Supported Housing a legitimate charity?
Based on AI analysis of IRS 990 filings, Associates Supported Housing (EIN: 205091342) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Associates Supported Housing spend its money?
Associates Supported Housing directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Associates Supported Housing tax-deductible?
Associates Supported Housing is registered as a tax-exempt nonprofit (EIN: 205091342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Associates Supported Housing CEO make?
Associates Supported Housing's highest-compensated officer earns $75,000. annually. The organization reported $75K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Associates Supported Housing's spending goes to programs?
Associates Supported Housing directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Associates Supported Housing compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Associates Supported Housing is near average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Associates Supported Housing located?
Associates Supported Housing is headquartered in West Des Moines, Iowa and files with the IRS under EIN 205091342. It is classified under NTEE code L20.
How many years of IRS 990 filings does Associates Supported Housing have?
Associates Supported Housing 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 $75K in total revenue.
How does Associates Supported Housing cover its consistent annual deficits?
The consistent annual deficits, such as the $19,665 deficit in 2023, suggest that the organization is either drawing down on its assets or increasing its liabilities to cover operational costs. The declining asset base from $972,977 in 2014 to $842,287 in 2023 supports the idea of asset depletion.
What is the nature of the high liabilities, which consistently exceed assets?
The liabilities consistently exceed assets (e.g., $1,146,111 in liabilities vs. $842,287 in assets in 2023). This indicates a significant debt burden or other financial obligations that are not covered by the organization's current assets, which could pose a long-term solvency risk.
What is the organization's strategy to achieve financial sustainability given its declining assets and consistent deficits?
The filings do not provide details on a strategy to address the declining assets and consistent operational deficits. A clear plan for revenue generation or expense reduction would be crucial for the organization's future.
What percentage of expenses are allocated to program services versus administrative and fundraising costs?
While specific percentages are not provided in the summary data, the consistent operational deficits and the nature of a housing support organization suggest that a significant portion of expenses would ideally be program-related. However, without a detailed breakdown, it's difficult to confirm efficiency.
Filing History
IRS 990 filing history for Associates Supported Housing showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Associates Supported Housing's revenue has grown by 53.9%, moving from $49K to $75K. Total assets decreased by 18.9% over the same period, from $1.0M to $842K. Total functional expenses rose by 25.4%, from $75K to $94K. In its most recent filing year (2023), Associates Supported Housing reported a deficit of $20K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $842K in assets (debt-to-asset ratio: 136.1%), resulting in net assets of $-303,824.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $94K | $842K | $1.1M | — | — |
| 2022 | $75K | $95K | $861K | $1.1M | — | View 990 |
| 2021 | $70K | $91K | $873K | $1.1M | — | — |
| 2020 | $72K | $88K | $899K | $1.1M | — | View 990 |
| 2019 | $88K | $90K | $908K | $1.1M | — | View 990 |
| 2018 | $67K | $87K | $907K | $1.1M | — | View 990 |
| 2017 | $69K | $84K | $924K | $1.1M | — | View 990 |
| 2016 | $71K | $81K | $941K | $1.1M | — | View 990 |
| 2015 | $66K | $80K | $957K | $1.1M | — | View 990 |
| 2014 | $65K | $85K | $973K | $1.1M | — | View 990 |
| 2013 | $53K | $78K | $995K | $1.1M | — | View 990 |
| 2012 | $45K | $78K | $1.0M | $1.1M | — | View 990 |
| 2011 | $49K | $75K | $1.0M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75K, expenses of $94K, and assets of $842K (revenue -0.3% year-over-year).
- 2022: Revenue of $75K, expenses of $95K, and assets of $861K (revenue +6.3% year-over-year).
- 2021: Revenue of $70K, expenses of $91K, and assets of $873K (revenue -1.9% year-over-year).
- 2020: Revenue of $72K, expenses of $88K, and assets of $899K (revenue -18.8% year-over-year).
- 2019: Revenue of $88K, expenses of $90K, and assets of $908K (revenue +31.4% year-over-year).
- 2018: Revenue of $67K, expenses of $87K, and assets of $907K (revenue -3.0% year-over-year).
- 2017: Revenue of $69K, expenses of $84K, and assets of $924K (revenue -1.9% year-over-year).
- 2016: Revenue of $71K, expenses of $81K, and assets of $941K (revenue +6.7% year-over-year).
- 2015: Revenue of $66K, expenses of $80K, and assets of $957K (revenue +2.6% year-over-year).
- 2014: Revenue of $65K, expenses of $85K, and assets of $973K (revenue +21.3% year-over-year).
- 2013: Revenue of $53K, expenses of $78K, and assets of $995K (revenue +17.8% year-over-year).
- 2012: Revenue of $45K, expenses of $78K, and assets of $1.0M (revenue -6.9% year-over-year).
- 2011: Revenue of $49K, expenses of $75K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Associates Supported Housing:
Data Sources and Methodology
This transparency report for Associates Supported Housing 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.