Blackbelt & Central Alabama Housing Authority
Blackbelt & Central Alabama Housing Authority operates on a tight budget with no reported executive compensation, spending nearly all revenue annually.
EIN: 20663098 · Selma, AL · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $282K |
| Total Expenses | $263K |
| Program Spending | 90% |
| Net Assets | $0 |
| Transparency Score | 85/100 |
Is Blackbelt & Central Alabama Housing Authority Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blackbelt & Central Alabama Housing Authority directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blackbelt & Central Alabama Housing Authority
Blackbelt & Central Alabama Housing Authority (EIN: 20663098) is a nonprofit organization based in Selma, AL, classified under NTEE code L21. The organization reported total revenue of $282K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blackbelt & Central Alabama Housing Authority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blackbelt & Central Alabama Housing Authority is a small nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $263K |
| Total Expenses | $263K |
| Surplus / Deficit | +$0 |
| Total Assets | $3K |
| Total Liabilities | $3K |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Blackbelt & Central Alabama Housing Authority reported a surplus of $0 with revenue exceeding expenses, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Blackbelt & Central Alabama Housing Authority's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.2% | +110.8% | -14.5% |
| 2022 | +9.4% | +9.4% | +107.6% |
| 2021 | +313.1% | +344.6% | -37.1% |
| 2018 | -54.3% | -57.9% | +1341.9% |
| 2017 | -21.9% | -19.3% | -94.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Blackbelt & Central Alabama Housing Authority 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: 90%
- fundraising: 0%
According to IRS 990 filings, Blackbelt & Central Alabama Housing Authority allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with revenues ranging from tens of thousands to over a quarter-million dollars, suggesting a volunteer-led or extremely lean operational structure.
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 Blackbelt & Central Alabama Housing Authority's IRS 990 filings:
- Assets often closely matched or equaled by liabilities, indicating minimal unencumbered reserves (e.g., 202312: Assets=$2,577, Liabilities=$2,577).
- Significant year-over-year revenue volatility, which can challenge long-term financial stability and planning.
Strengths
The following positive indicators were identified for Blackbelt & Central Alabama Housing Authority:
- Consistent 0% officer compensation, indicating high efficiency in directing funds away from executive salaries.
- High program spending efficiency, as nearly all revenue is expended annually, suggesting direct application of funds to mission.
- Long filing history (11 filings), indicating sustained operation over more than a decade.
Frequently Asked Questions about Blackbelt & Central Alabama Housing Authority
Is Blackbelt & Central Alabama Housing Authority a legitimate charity?
Blackbelt & Central Alabama Housing Authority (EIN: 20663098) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $282K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Blackbelt & Central Alabama Housing Authority spend its money?
Blackbelt & Central Alabama Housing Authority directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Blackbelt & Central Alabama Housing Authority tax-deductible?
Blackbelt & Central Alabama Housing Authority is registered as a tax-exempt nonprofit (EIN: 20663098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Blackbelt & Central Alabama Housing Authority compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Blackbelt & Central Alabama Housing Authority is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blackbelt & Central Alabama Housing Authority located?
Blackbelt & Central Alabama Housing Authority is headquartered in Selma, Alabama and files with the IRS under EIN 20663098. It is classified under NTEE code L21.
How many years of IRS 990 filings does Blackbelt & Central Alabama Housing Authority have?
Blackbelt & Central Alabama Housing Authority has 11 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 $282K in total revenue.
How does the organization manage to operate without officer compensation?
The consistent 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level, or that executive services are provided pro bono, or compensated through other means not classified as officer compensation on the 990 form. This is a significant factor in its operational efficiency.
What is the nature of the liabilities reported, especially when they match assets?
In periods like 202312, where assets ($2,577) equal liabilities ($2,577), it indicates that the organization's assets are entirely offset by its debts. This suggests a very limited unencumbered financial reserve and a potentially precarious financial position, where any assets are immediately owed to others.
What are the primary sources of revenue for the organization?
While the provided data shows total revenue, it does not specify the sources (e.g., grants, donations, program service fees). Given its NTEE code (L21 - Housing/Shelter, Temporary), it likely receives government grants or public support for housing initiatives.
How does the organization sustain its operations with such fluctuating revenue?
The significant fluctuations in annual revenue, from $27,950 in 201812 to $262,933 in 202312, suggest that the organization may rely on project-based funding or grants that vary year-to-year. This requires agile financial management to adapt to changing funding levels.
Filing History
IRS 990 filing history for Blackbelt & Central Alabama Housing Authority showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Blackbelt & Central Alabama Housing Authority's revenue has grown by 203.7%, moving from $87K to $263K. Total assets increased by 409.3% over the same period, from $506 to $3K. Total functional expenses rose by 205.5%, from $86K to $263K. In its most recent filing year (2023), Blackbelt & Central Alabama Housing Authority reported a surplus of $0, with revenue exceeding expenses. The organization holds $3K in liabilities against $3K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $263K | $263K | $3K | $3K | — | — |
| 2022 | $126K | $125K | $3K | $0 | — | — |
| 2021 | $115K | $114K | $1K | $0 | — | View 990 |
| 2018 | $28K | $26K | $2K | $0 | — | View 990 |
| 2017 | $61K | $61K | $160 | $0 | — | View 990 |
| 2016 | $78K | $75K | $3K | $0 | — | View 990 |
| 2015 | $48K | $48K | $509 | $0 | — | View 990 |
| 2014 | $56K | $56K | $56K | $56K | — | View 990 |
| 2013 | $35K | $35K | $35K | $35K | — | View 990 |
| 2012 | $59K | $59K | $59K | $59K | — | View 990 |
| 2011 | $87K | $86K | $506 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $263K, expenses of $263K, and assets of $3K (revenue +108.2% year-over-year).
- 2022: Revenue of $126K, expenses of $125K, and assets of $3K (revenue +9.4% year-over-year).
- 2021: Revenue of $115K, expenses of $114K, and assets of $1K (revenue +313.1% year-over-year).
- 2018: Revenue of $28K, expenses of $26K, and assets of $2K (revenue -54.3% year-over-year).
- 2017: Revenue of $61K, expenses of $61K, and assets of $160 (revenue -21.9% year-over-year).
- 2016: Revenue of $78K, expenses of $75K, and assets of $3K (revenue +61.7% year-over-year).
- 2015: Revenue of $48K, expenses of $48K, and assets of $509 (revenue -13.5% year-over-year).
- 2014: Revenue of $56K, expenses of $56K, and assets of $56K (revenue +60.8% year-over-year).
- 2013: Revenue of $35K, expenses of $35K, and assets of $35K (revenue -41.5% year-over-year).
- 2012: Revenue of $59K, expenses of $59K, and assets of $59K (revenue -31.3% year-over-year).
- 2011: Revenue of $87K, expenses of $86K, and assets of $506.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blackbelt & Central Alabama Housing Authority:
Data Sources and Methodology
This transparency report for Blackbelt & Central Alabama Housing Authority 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.