Caspian Housing Corporation
EIN: 382474246 · Escanaba, MI · NTEE: E91Z
Is Caspian 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 Caspian Housing Corporation
Caspian Housing Corporation (EIN: 382474246) is a nonprofit organization based in Escanaba, MI, classified under NTEE code E91Z. The organization reported total revenue of $284K and total assets of $311K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caspian Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Caspian 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 Caspian 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.
Frequently Asked Questions about Caspian Housing Corporation
Is Caspian Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Caspian Housing Corporation (EIN: 382474246) insufficient data. 0 red flags identified, 0 strengths noted.
How does Caspian Housing Corporation spend its money?
Detailed spending breakdown data is not yet available for Caspian Housing Corporation. Check back for updated IRS 990 analysis.
Are donations to Caspian Housing Corporation tax-deductible?
Caspian Housing Corporation is registered as a tax-exempt nonprofit (EIN: 382474246). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Caspian Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Caspian Housing Corporation's revenue has grown by 10%, moving from $230K to $253K. Total assets decreased by 34.9% over the same period, from $585K to $381K. Total functional expenses rose by 3.2%, from $254K to $262K. In its most recent filing year (2023), Caspian Housing Corporation reported a deficit of $9K, with expenses exceeding revenue. The organization holds $952K in liabilities against $381K in assets (debt-to-asset ratio: 250.0%), resulting in net assets of $-571,376.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $253K | $262K | $381K | $952K | — | — |
| 2022 | $272K | $238K | $350K | $913K | — | View 990 |
| 2021 | $248K | $226K | $359K | $956K | — | View 990 |
| 2020 | $245K | $234K | $353K | $972K | — | View 990 |
| 2019 | $299K | $248K | $382K | $1.0M | — | View 990 |
| 2018 | $260K | $229K | $369K | $1.0M | — | View 990 |
| 2017 | $218K | $264K | $397K | $1.0M | — | View 990 |
| 2016 | $247K | $255K | $417K | $1.1M | — | View 990 |
| 2015 | $252K | $252K | $435K | $1.1M | — | View 990 |
| 2014 | $240K | $265K | $447K | $1.1M | — | View 990 |
| 2013 | $214K | $256K | $498K | $1.1M | — | View 990 |
| 2012 | $229K | $257K | $553K | $1.1M | — | View 990 |
| 2011 | $230K | $254K | $585K | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $253K, expenses of $262K, and assets of $381K (revenue -6.8% year-over-year).
- 2022: Revenue of $272K, expenses of $238K, and assets of $350K (revenue +9.4% year-over-year).
- 2021: Revenue of $248K, expenses of $226K, and assets of $359K (revenue +1.5% year-over-year).
- 2020: Revenue of $245K, expenses of $234K, and assets of $353K (revenue -18.0% year-over-year).
- 2019: Revenue of $299K, expenses of $248K, and assets of $382K (revenue +14.8% year-over-year).
- 2018: Revenue of $260K, expenses of $229K, and assets of $369K (revenue +19.2% year-over-year).
- 2017: Revenue of $218K, expenses of $264K, and assets of $397K (revenue -11.7% year-over-year).
- 2016: Revenue of $247K, expenses of $255K, and assets of $417K (revenue -2.2% year-over-year).
- 2015: Revenue of $252K, expenses of $252K, and assets of $435K (revenue +5.2% year-over-year).
- 2014: Revenue of $240K, expenses of $265K, and assets of $447K (revenue +12.3% year-over-year).
- 2013: Revenue of $214K, expenses of $256K, and assets of $498K (revenue -6.7% year-over-year).
- 2012: Revenue of $229K, expenses of $257K, and assets of $553K (revenue -0.5% year-over-year).
- 2011: Revenue of $230K, expenses of $254K, and assets of $585K.
Data Sources and Methodology
This transparency report for Caspian 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.