Brunswick Housing Opportunities Inc
EIN: 261290930 · Bolivia, NC
| Metric | Value |
|---|---|
| Total Expenses | $197K |
| Net Assets | $531K |
Is Brunswick Housing Opportunities Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brunswick Housing Opportunities Inc
Brunswick Housing Opportunities Inc (EIN: 261290930) is a nonprofit organization based in Bolivia, NC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brunswick Housing Opportunities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brunswick Housing Opportunities Inc is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 34.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $197K |
| Surplus / Deficit | +$6K |
| Total Assets | $533K |
| Total Liabilities | $2K |
| Net Assets | $531K |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 32.5 months |
Financial Health Grade: A
In 2015, Brunswick Housing Opportunities Inc reported a surplus of $6K with revenue exceeding expenses, holds 32.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Brunswick Housing Opportunities Inc's revenue has grown at a compound annual growth rate (CAGR) of 34.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -64.1% | -2.2% | +0.8% |
| 2014 | +251.6% | +16.7% | +224.0% |
| 2013 | +98.0% | +129.7% | -6.5% |
| 2012 | +31.2% | +1.2% | +4.6% |
AI Analysis Pending
AI enrichment for Brunswick Housing Opportunities 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 Brunswick Housing Opportunities 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Brunswick Housing Opportunities Inc
Is Brunswick Housing Opportunities Inc a legitimate charity?
Brunswick Housing Opportunities Inc (EIN: 261290930) is a registered tax-exempt nonprofit based in North Carolina. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Brunswick Housing Opportunities Inc spend its money?
Brunswick Housing Opportunities Inc reported its financials in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brunswick Housing Opportunities Inc tax-deductible?
Brunswick Housing Opportunities Inc is registered as a tax-exempt nonprofit (EIN: 261290930). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brunswick Housing Opportunities Inc located?
Brunswick Housing Opportunities Inc is headquartered in Bolivia, North Carolina and files with the IRS under EIN 261290930.
How many years of IRS 990 filings does Brunswick Housing Opportunities Inc have?
Brunswick Housing Opportunities 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.
Filing History
IRS 990 filing history for Brunswick Housing Opportunities Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Brunswick Housing Opportunities Inc's revenue has grown by 227.9%, moving from $62K to $203K. Total assets increased by 219.8% over the same period, from $167K to $533K. Total functional expenses rose by 165.3%, from $74K to $197K. In its most recent filing year (2015), Brunswick Housing Opportunities Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $2K in liabilities against $533K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $531K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $203K | $197K | $533K | $2K | — | View 990 |
| 2014 | $565K | $201K | $528K | $4K | — | View 990 |
| 2013 | $161K | $172K | $163K | $3K | — | View 990 |
| 2012 | $81K | $75K | $174K | $3K | — | View 990 |
| 2011 | $62K | $74K | $167K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $203K, expenses of $197K, and assets of $533K (revenue -64.1% year-over-year).
- 2014: Revenue of $565K, expenses of $201K, and assets of $528K (revenue +251.6% year-over-year).
- 2013: Revenue of $161K, expenses of $172K, and assets of $163K (revenue +98.0% year-over-year).
- 2012: Revenue of $81K, expenses of $75K, and assets of $174K (revenue +31.2% year-over-year).
- 2011: Revenue of $62K, expenses of $74K, and assets of $167K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brunswick Housing Opportunities Inc:
Data Sources and Methodology
This transparency report for Brunswick Housing Opportunities 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.