Blairs Ferry Housing Inc
EIN: 421417465 · Cedar Rapids, IA
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $78K |
| Net Assets | $-281,822 |
Is Blairs Ferry Housing Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blairs Ferry Housing Inc
Blairs Ferry Housing Inc (EIN: 421417465) is a nonprofit organization based in Cedar Rapids, IA. The organization reported total revenue of $63K and total assets of $241K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blairs Ferry Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blairs Ferry Housing Inc is a micro nonprofit that has been operating for 32 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $78K |
| Surplus / Deficit | $-29,673 |
| Total Assets | $224K |
| Total Liabilities | $506K |
| Net Assets | $-281,822 |
| Operating Margin | -61.4% |
| Debt-to-Asset Ratio | 225.9% |
| Months of Reserves | 34.4 months |
Financial Health Grade: C
In 2023, Blairs Ferry Housing Inc reported a deficit of $30K with expenses exceeding revenue, holds 34.4 months of operating reserves (strong position), has a debt-to-asset ratio of 225.9% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Blairs Ferry Housing Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | +20.5% | -3.6% |
| 2022 | +0.5% | +9.3% | -2.0% |
| 2021 | +3.0% | -0.6% | -0.7% |
| 2020 | -5.8% | +0.8% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Blairs Ferry Housing Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blairs Ferry Housing Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 225.9%.
Frequently Asked Questions about Blairs Ferry Housing Inc
Is Blairs Ferry Housing Inc a legitimate charity?
Blairs Ferry Housing Inc (EIN: 421417465) is a registered tax-exempt nonprofit based in Iowa. It has 5 years of IRS 990 filings on record. Total revenue: $63K. No red flags identified. Financial health grade: C.
How does Blairs Ferry Housing Inc spend its money?
Blairs Ferry Housing Inc reported $63K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Blairs Ferry Housing Inc tax-deductible?
Blairs Ferry Housing Inc is registered as a tax-exempt nonprofit (EIN: 421417465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Blairs Ferry Housing Inc located?
Blairs Ferry Housing Inc is headquartered in Cedar Rapids, Iowa and files with the IRS under EIN 421417465.
How many years of IRS 990 filings does Blairs Ferry Housing Inc have?
Blairs Ferry Housing Inc has 5 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 $63K in total revenue.
Filing History
IRS 990 filing history for Blairs Ferry Housing Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Blairs Ferry Housing Inc's revenue has declined by 5.2%, moving from $51K to $48K. Total assets decreased by 7.1% over the same period, from $241K to $224K. Total functional expenses rose by 31.9%, from $59K to $78K. In its most recent filing year (2023), Blairs Ferry Housing Inc reported a deficit of $30K, with expenses exceeding revenue. The organization holds $506K in liabilities against $224K in assets (debt-to-asset ratio: 225.9%), resulting in net assets of $-281,822.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $78K | $224K | $506K | — | View 990 |
| 2022 | $50K | $65K | $232K | $484K | — | View 990 |
| 2021 | $49K | $59K | $237K | $474K | — | View 990 |
| 2020 | $48K | $60K | $239K | $466K | — | — |
| 2019 | $51K | $59K | $241K | $457K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $78K, and assets of $224K (revenue -2.7% year-over-year).
- 2022: Revenue of $50K, expenses of $65K, and assets of $232K (revenue +0.5% year-over-year).
- 2021: Revenue of $49K, expenses of $59K, and assets of $237K (revenue +3.0% year-over-year).
- 2020: Revenue of $48K, expenses of $60K, and assets of $239K (revenue -5.8% year-over-year).
- 2019: Revenue of $51K, expenses of $59K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blairs Ferry Housing Inc:
Data Sources and Methodology
This transparency report for Blairs Ferry 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.