Bishop Non Profit Housing Corporation
Bishop Non Profit Housing Corporation maintains stable operations with no executive compensation, but faces persistent negative net assets.
EIN: 205132437 · Warren, MI · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $-721,535 |
| Transparency Score | 85/100 |
Is Bishop Non Profit Housing Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bishop Non Profit Housing Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bishop Non Profit Housing Corporation
Bishop Non Profit Housing Corporation (EIN: 205132437) is a nonprofit organization based in Warren, MI, classified under NTEE code L20. The organization reported total revenue of $1.6M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bishop Non Profit Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bishop Non Profit Housing Corporation is a mid-size nonprofit that has been operating for 10 years, with 16 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-113,274 |
| Total Assets | $3.2M |
| Total Liabilities | $3.9M |
| Net Assets | $-721,535 |
| Operating Margin | -8.4% |
| Debt-to-Asset Ratio | 122.5% |
| Months of Reserves | 26.3 months |
Financial Health Grade: C
In 2024, Bishop Non Profit Housing Corporation reported a deficit of $113K with expenses exceeding revenue, holds 26.3 months of operating reserves (strong position), has a debt-to-asset ratio of 122.5% (high leverage).
Financial Trends
Over 16 years of filings (2009–2024), Bishop Non Profit Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.4% | +2.2% | -1.1% |
| 2023 | -3.3% | +9.8% | +3.4% |
| 2022 | +3.1% | +0.8% | +1.5% |
| 2021 | +1.4% | +1.9% | -3.5% |
| 2020 | +0.4% | -6.1% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Bishop Non Profit Housing Corporation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bishop Non Profit Housing Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $113K, with expenses exceeding revenue.
- Debt-to-asset ratio: 122.5%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization with annual revenues exceeding $1.3 million.
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 Bishop Non Profit Housing Corporation's IRS 990 filings:
- Consistent negative net asset position (liabilities exceeding assets in all reported periods, e.g., $3,931,109 liabilities vs. $3,209,574 assets in 2024).
Strengths
The following positive indicators were identified for Bishop Non Profit Housing Corporation:
- Consistent 0% officer compensation across all reported filings, indicating strong financial stewardship and mission focus.
- Stable revenue stream, consistently above $1.2 million annually over the past decade.
- Long and consistent IRS 990 filing history (16 filings), demonstrating transparency and compliance.
- Clear alignment between organization name, NTEE code (L20 - Housing), and presumed mission.
Frequently Asked Questions about Bishop Non Profit Housing Corporation
Is Bishop Non Profit Housing Corporation a legitimate charity?
Bishop Non Profit Housing Corporation (EIN: 205132437) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 16 years of IRS 990 filings on record. Total revenue: $1.6M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Bishop Non Profit Housing Corporation spend its money?
Bishop Non Profit Housing Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bishop Non Profit Housing Corporation tax-deductible?
Bishop Non Profit Housing Corporation is registered as a tax-exempt nonprofit (EIN: 205132437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bishop Non Profit Housing Corporation CEO make?
Bishop Non Profit Housing Corporation's highest-compensated officer earns $1.3 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bishop Non Profit Housing Corporation's spending goes to programs?
Bishop Non Profit Housing Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bishop Non Profit Housing Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bishop Non Profit Housing Corporation is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bishop Non Profit Housing Corporation located?
Bishop Non Profit Housing Corporation is headquartered in Warren, Michigan and files with the IRS under EIN 205132437. It is classified under NTEE code L20.
How many years of IRS 990 filings does Bishop Non Profit Housing Corporation have?
Bishop Non Profit Housing Corporation has 16 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 $1.6M in total revenue.
Is Bishop Non Profit Housing Corporation financially stable?
Operationally, the organization appears stable with consistent revenues and expenses. However, its liabilities have consistently exceeded its assets (e.g., $3,931,109 liabilities vs. $3,209,574 assets in 2024), indicating a negative net asset position which could pose long-term solvency challenges.
How efficient is Bishop Non Profit Housing Corporation with its spending?
While a detailed breakdown isn't provided, the consistent 0% officer compensation suggests a high degree of efficiency in directing funds away from executive salaries and towards organizational activities. Without specific program, administrative, and fundraising expense ratios, a precise efficiency score is difficult, but the lack of executive pay is a strong positive indicator.
Does Bishop Non Profit Housing Corporation prioritize its mission?
Yes, the consistent 0% officer compensation strongly suggests a prioritization of mission over executive enrichment. The organization's name and NTEE code (L20 - Housing) further support a clear mission focus.
Filing History
IRS 990 filing history for Bishop Non Profit Housing Corporation showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2009–2024), Bishop Non Profit Housing Corporation's revenue has grown by 18.6%, moving from $1.1M to $1.4M. Total assets decreased by 22.2% over the same period, from $4.1M to $3.2M. Total functional expenses rose by 30.1%, from $1.1M to $1.5M. In its most recent filing year (2024), Bishop Non Profit Housing Corporation reported a deficit of $113K, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $3.2M in assets (debt-to-asset ratio: 122.5%), resulting in net assets of $-721,535.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.5M | $3.2M | $3.9M | — | View 990 |
| 2023 | $1.4M | $1.4M | $3.2M | $3.9M | — | View 990 |
| 2022 | $1.4M | $1.3M | $3.1M | $3.7M | — | View 990 |
| 2021 | $1.4M | $1.3M | $3.1M | $3.8M | — | — |
| 2020 | $1.4M | $1.3M | $3.2M | $4.0M | — | View 990 |
| 2019 | $1.4M | $1.4M | $3.2M | $4.1M | — | View 990 |
| 2018 | $1.3M | $1.2M | $3.2M | $4.1M | — | — |
| 2017 | $1.3M | $1.3M | $3.3M | $4.2M | — | View 990 |
| 2016 | $1.3M | $1.2M | $3.4M | $4.3M | — | View 990 |
| 2015 | $1.2M | $1.2M | $3.3M | $4.4M | — | View 990 |
| 2014 | $1.2M | $1.2M | $3.4M | $4.5M | — | View 990 |
| 2013 | $1.2M | $1.2M | $3.5M | $4.5M | — | View 990 |
| 2012 | $1.1M | $1.2M | $3.6M | $4.6M | — | View 990 |
| 2011 | $1.0M | $1.1M | $3.8M | $4.7M | — | View 990 |
| 2010 | $1.0M | $1.1M | $4.0M | $4.8M | — | View 990 |
| 2009 | $1.1M | $1.1M | $4.1M | $4.8M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.4M, expenses of $1.5M, and assets of $3.2M (revenue -2.4% year-over-year).
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $3.2M (revenue -3.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $3.1M (revenue +3.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $3.1M (revenue +1.4% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $3.2M (revenue +0.4% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $3.2M (revenue +8.4% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $3.2M (revenue -2.8% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $3.3M (revenue +1.7% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $3.4M (revenue +2.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $3.3M (revenue +2.4% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $3.4M (revenue +5.6% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $3.5M (revenue +9.3% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $3.6M (revenue +2.8% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.1M, and assets of $3.8M (revenue -0.9% year-over-year).
- 2010: Revenue of $1.0M, expenses of $1.1M, and assets of $4.0M (revenue -9.4% year-over-year).
- 2009: Revenue of $1.1M, expenses of $1.1M, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bishop Non Profit Housing Corporation:
Data Sources and Methodology
This transparency report for Bishop Non Profit Housing Corporation 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.