Cardinal National Housing Corporation
EIN: 311477312 · Memphis, TN
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $20K |
| Net Assets | $5.0M |
Is Cardinal National Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cardinal National Housing Corporation
Cardinal National Housing Corporation (EIN: 311477312) is a nonprofit organization based in Memphis, TN. The organization reported total revenue of $150K and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cardinal National Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cardinal National Housing Corporation is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $20K |
| Surplus / Deficit | +$102K |
| Total Assets | $5.0M |
| Total Liabilities | $1K |
| Net Assets | $5.0M |
| Operating Margin | 83.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2916.2 months |
Financial Health Grade: A
In 2023, Cardinal National Housing Corporation reported a surplus of $102K with revenue exceeding expenses, holds 2916.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cardinal National Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 27.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.4% | -34.2% | +2.1% |
| 2022 | -3.0% | -59.1% | +2.1% |
| 2021 | -4.7% | +148.0% | +1.2% |
| 2020 | +50.1% | -27.5% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cardinal National Housing Corporation 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 Cardinal National Housing Corporation 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 surplus of $102K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Cardinal National Housing Corporation
Is Cardinal National Housing Corporation a legitimate charity?
Cardinal National Housing Corporation (EIN: 311477312) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $150K. No red flags identified. Financial health grade: A.
How does Cardinal National Housing Corporation spend its money?
Cardinal National Housing Corporation reported $150K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cardinal National Housing Corporation tax-deductible?
Cardinal National Housing Corporation is registered as a tax-exempt nonprofit (EIN: 311477312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cardinal National Housing Corporation located?
Cardinal National Housing Corporation is headquartered in Memphis, Tennessee and files with the IRS under EIN 311477312.
How many years of IRS 990 filings does Cardinal National Housing Corporation have?
Cardinal National Housing Corporation 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 $150K in total revenue.
Filing History
IRS 990 filing history for Cardinal National Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cardinal National Housing Corporation's revenue has grown by 1778.1%, moving from $7K to $123K. Total assets increased by 509.4% over the same period, from $815K to $5.0M. Total functional expenses rose by 1503.1%, from $1K to $20K. In its most recent filing year (2023), Cardinal National Housing Corporation reported a surplus of $102K, with revenue exceeding expenses. The organization holds $1K in liabilities against $5.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $20K | $5.0M | $1K | — | — |
| 2022 | $130K | $31K | $4.9M | $899 | — | View 990 |
| 2021 | $133K | $76K | $4.8M | $569 | — | — |
| 2020 | $140K | $31K | $4.7M | $60 | — | — |
| 2019 | $93K | $42K | $4.7M | $68K | — | View 990 |
| 2018 | $-1,027,468 | $142K | $4.6M | $70K | — | View 990 |
| 2017 | $17K | $134K | $5.8M | $52K | — | — |
| 2016 | $-28,246 | $116K | $2.9M | $30K | — | View 990 |
| 2015 | $29K | $109K | $3.0M | $0 | — | View 990 |
| 2014 | $113K | $218K | $3.1M | $16K | — | View 990 |
| 2013 | $89K | $113K | $3.2M | $0 | — | View 990 |
| 2012 | $2.4M | $18K | $3.2M | $0 | — | View 990 |
| 2011 | $7K | $1K | $815K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $20K, and assets of $5.0M (revenue -5.4% year-over-year).
- 2022: Revenue of $130K, expenses of $31K, and assets of $4.9M (revenue -3.0% year-over-year).
- 2021: Revenue of $133K, expenses of $76K, and assets of $4.8M (revenue -4.7% year-over-year).
- 2020: Revenue of $140K, expenses of $31K, and assets of $4.7M (revenue +50.1% year-over-year).
- 2019: Revenue of $93K, expenses of $42K, and assets of $4.7M.
- 2018: Revenue of $-1,027,468, expenses of $142K, and assets of $4.6M (revenue -6152.8% year-over-year).
- 2017: Revenue of $17K, expenses of $134K, and assets of $5.8M.
- 2016: Revenue of $-28,246, expenses of $116K, and assets of $2.9M (revenue -197.7% year-over-year).
- 2015: Revenue of $29K, expenses of $109K, and assets of $3.0M (revenue -74.4% year-over-year).
- 2014: Revenue of $113K, expenses of $218K, and assets of $3.1M (revenue +27.6% year-over-year).
- 2013: Revenue of $89K, expenses of $113K, and assets of $3.2M (revenue -96.4% year-over-year).
- 2012: Revenue of $2.4M, expenses of $18K, and assets of $3.2M (revenue +37280.7% year-over-year).
- 2011: Revenue of $7K, expenses of $1K, and assets of $815K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cardinal National Housing Corporation:
Data Sources and Methodology
This transparency report for Cardinal National 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.