Cloverdale Community Housing Inc
EIN: 351408893 · Cloverdale, IN · NTEE: L22Z
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $235K |
| Net Assets | $381K |
Is Cloverdale Community 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 Cloverdale Community Housing Inc
Cloverdale Community Housing Inc (EIN: 351408893) is a nonprofit organization based in Cloverdale, IN, classified under NTEE code L22Z. The organization reported total revenue of $191K and total assets of $490K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cloverdale Community Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cloverdale Community Housing Inc is a small nonprofit that has been operating for 48 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $235K |
| Surplus / Deficit | $-45,505 |
| Total Assets | $522K |
| Total Liabilities | $141K |
| Net Assets | $381K |
| Operating Margin | -24.1% |
| Debt-to-Asset Ratio | 27.0% |
| Months of Reserves | 26.7 months |
Financial Health Grade: B
In 2023, Cloverdale Community Housing Inc reported a deficit of $46K with expenses exceeding revenue, holds 26.7 months of operating reserves (strong position), has a debt-to-asset ratio of 27.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Cloverdale Community Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +67.5% | +30.9% | -11.9% |
| 2022 | -34.5% | +26.4% | +48.5% |
| 2021 | -1.0% | +10.6% | +3.2% |
| 2020 | +1.8% | -13.4% | +6.1% |
| 2019 | -0.1% | -3.5% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cloverdale Community 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 Cloverdale Community 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 $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.0%.
Frequently Asked Questions about Cloverdale Community Housing Inc
Is Cloverdale Community Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cloverdale Community Housing Inc (EIN: 351408893) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cloverdale Community Housing Inc spend its money?
Detailed spending breakdown data is not yet available for Cloverdale Community Housing Inc. Check back for updated IRS 990 analysis.
Are donations to Cloverdale Community Housing Inc tax-deductible?
Cloverdale Community Housing Inc is registered as a tax-exempt nonprofit (EIN: 351408893). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cloverdale Community Housing Inc located?
Cloverdale Community Housing Inc is headquartered in Cloverdale, Indiana and files with the IRS under EIN 351408893. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Cloverdale Community Housing Inc have?
Cloverdale Community Housing Inc has 14 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 $191K in total revenue.
Filing History
IRS 990 filing history for Cloverdale Community Housing Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Cloverdale Community Housing Inc's revenue has grown by 32%, moving from $143K to $189K. Total assets increased by 13.2% over the same period, from $461K to $522K. Total functional expenses rose by 65.7%, from $142K to $235K. In its most recent filing year (2023), Cloverdale Community Housing Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $141K in liabilities against $522K in assets (debt-to-asset ratio: 27.0%), resulting in net assets of $381K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $235K | $522K | $141K | — | — |
| 2022 | $113K | $179K | $593K | $166K | — | View 990 |
| 2021 | $172K | $142K | $399K | $184K | — | — |
| 2020 | $174K | $128K | $387K | $202K | — | — |
| 2019 | $171K | $148K | $365K | $225K | — | View 990 |
| 2018 | $171K | $153K | $361K | $244K | — | View 990 |
| 2017 | $161K | $158K | $361K | $262K | — | View 990 |
| 2016 | $162K | $147K | $376K | $280K | — | View 990 |
| 2015 | $161K | $143K | $382K | $301K | — | View 990 |
| 2014 | $159K | $141K | $379K | $316K | — | View 990 |
| 2013 | $145K | $159K | $386K | $342K | — | View 990 |
| 2012 | $150K | $157K | $413K | $356K | — | View 990 |
| 2011 | $142K | $146K | $441K | $377K | — | View 990 |
| 2010 | $143K | $142K | $461K | $393K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $235K, and assets of $522K (revenue +67.5% year-over-year).
- 2022: Revenue of $113K, expenses of $179K, and assets of $593K (revenue -34.5% year-over-year).
- 2021: Revenue of $172K, expenses of $142K, and assets of $399K (revenue -1.0% year-over-year).
- 2020: Revenue of $174K, expenses of $128K, and assets of $387K (revenue +1.8% year-over-year).
- 2019: Revenue of $171K, expenses of $148K, and assets of $365K (revenue -0.1% year-over-year).
- 2018: Revenue of $171K, expenses of $153K, and assets of $361K (revenue +6.2% year-over-year).
- 2017: Revenue of $161K, expenses of $158K, and assets of $361K (revenue -0.7% year-over-year).
- 2016: Revenue of $162K, expenses of $147K, and assets of $376K (revenue +0.6% year-over-year).
- 2015: Revenue of $161K, expenses of $143K, and assets of $382K (revenue +1.4% year-over-year).
- 2014: Revenue of $159K, expenses of $141K, and assets of $379K (revenue +9.3% year-over-year).
- 2013: Revenue of $145K, expenses of $159K, and assets of $386K (revenue -3.4% year-over-year).
- 2012: Revenue of $150K, expenses of $157K, and assets of $413K (revenue +5.6% year-over-year).
- 2011: Revenue of $142K, expenses of $146K, and assets of $441K (revenue -0.6% year-over-year).
- 2010: Revenue of $143K, expenses of $142K, and assets of $461K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cloverdale Community Housing Inc:
Data Sources and Methodology
This transparency report for Cloverdale Community 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.