Coalition Homes Incorporated
Coalition Homes Incorporated consistently operates at a deficit, with liabilities exceeding assets.
EIN: 203364814 · Rockville, MD · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $902K |
| Total Expenses | $2.4M |
| Program Spending | 75% |
| Net Assets | $-6,015,012 |
| Transparency Score | 45/100 |
Is Coalition Homes Incorporated Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Coalition Homes Incorporated directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Coalition Homes Incorporated
Coalition Homes Incorporated (EIN: 203364814) is a nonprofit organization based in Rockville, MD, classified under NTEE code L21. The organization reported total revenue of $902K and total assets of $16.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coalition Homes Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coalition Homes Incorporated is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-863,019 |
| Total Assets | $16.9M |
| Total Liabilities | $22.9M |
| Net Assets | $-6,015,012 |
| Operating Margin | -55.1% |
| Debt-to-Asset Ratio | 135.6% |
| Months of Reserves | 83.4 months |
Financial Health Grade: C
In 2022, Coalition Homes Incorporated reported a deficit of $863K with expenses exceeding revenue, holds 83.4 months of operating reserves (strong position), has a debt-to-asset ratio of 135.6% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Coalition Homes Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -5.2% | -4.9% | -2.4% |
| 2021 | +12.6% | +23.9% | -2.2% |
| 2020 | +10.1% | +6.2% | -2.1% |
| 2019 | +32.0% | +13.8% | +4.3% |
| 2018 | +20.4% | +30.2% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Coalition Homes Incorporated with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Coalition Homes Incorporated allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $863K, with expenses exceeding revenue.
- Debt-to-asset ratio: 135.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or that executive salaries are categorized differently, which could affect the clarity of compensation reporting.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Coalition Homes Incorporated's IRS 990 filings:
- Consistent operating deficits, spending more than revenue in every reported year.
- Negative net assets, with liabilities significantly exceeding total assets (e.g., $22.8M liabilities vs. $16.8M assets in 2022).
- Declining revenue in recent years (from $1.65M in 2021 to $1.56M in 2022), while expenses remain high.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency assessment.
Strengths
The following positive indicators were identified for Coalition Homes Incorporated:
- Consistent filing of IRS Form 990s, indicating a commitment to regulatory transparency.
- Substantial asset base (over $16 million in 2022), though overshadowed by liabilities.
Frequently Asked Questions about Coalition Homes Incorporated
Is Coalition Homes Incorporated a legitimate charity?
Coalition Homes Incorporated (EIN: 203364814) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 45/100. It has 12 years of IRS 990 filings on record. Total revenue: $902K. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Coalition Homes Incorporated spend its money?
Coalition Homes Incorporated directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Coalition Homes Incorporated tax-deductible?
Coalition Homes Incorporated is registered as a tax-exempt nonprofit (EIN: 203364814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Coalition Homes Incorporated's spending goes to programs?
Coalition Homes Incorporated directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Coalition Homes Incorporated compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Coalition Homes Incorporated is near average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Coalition Homes Incorporated located?
Coalition Homes Incorporated is headquartered in Rockville, Maryland and files with the IRS under EIN 203364814. It is classified under NTEE code L21.
How many years of IRS 990 filings does Coalition Homes Incorporated have?
Coalition Homes Incorporated has 12 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 $902K in total revenue.
How does Coalition Homes Incorporated cover its consistent operating deficits?
The organization consistently spends more than it earns, with expenses exceeding revenue in every reported period. For example, in 2022, expenses were $2,428,892 while revenue was $1,565,873. This suggests a reliance on drawing down reserves, increasing liabilities, or other non-operating income sources to cover the gap.
What is the long-term financial outlook given the negative net assets?
With liabilities consistently exceeding assets (e.g., $22,890,348 in liabilities vs. $16,875,336 in assets in 2022), the organization has negative net assets. This indicates a precarious financial position that could impact its ability to sustain operations and fulfill its mission in the long run without significant changes to its financial model.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size and asset base. It either implies a completely volunteer-run executive team or that executive compensation is embedded within other expense categories, which could reduce transparency regarding leadership costs.
Filing History
IRS 990 filing history for Coalition Homes Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Coalition Homes Incorporated's revenue has grown by 87.1%, moving from $837K to $1.6M. Total assets increased by 10% over the same period, from $15.3M to $16.9M. Total functional expenses rose by 145.7%, from $989K to $2.4M. In its most recent filing year (2022), Coalition Homes Incorporated reported a deficit of $863K, with expenses exceeding revenue. The organization holds $22.9M in liabilities against $16.9M in assets (debt-to-asset ratio: 135.6%), resulting in net assets of $-6,015,012.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.6M | $2.4M | $16.9M | $22.9M | — | View 990 |
| 2021 | $1.7M | $2.6M | $17.3M | $22.4M | — | View 990 |
| 2020 | $1.5M | $2.1M | $17.7M | $21.9M | — | View 990 |
| 2019 | $1.3M | $1.9M | $18.1M | $21.7M | — | View 990 |
| 2018 | $1.0M | $1.7M | $17.3M | $20.4M | — | View 990 |
| 2017 | $838K | $1.3M | $16.3M | $18.6M | — | View 990 |
| 2016 | $748K | $1.1M | $12.7M | $14.6M | — | View 990 |
| 2015 | $1.0M | $1.1M | $13.4M | $14.9M | — | View 990 |
| 2014 | $598K | $1.1M | $14.2M | $16.0M | — | View 990 |
| 2013 | $796K | $864K | $14.7M | $15.4M | — | View 990 |
| 2012 | $740K | $1.0M | $15.6M | $17.6M | — | View 990 |
| 2011 | $837K | $989K | $15.3M | $15.5M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.6M, expenses of $2.4M, and assets of $16.9M (revenue -5.2% year-over-year).
- 2021: Revenue of $1.7M, expenses of $2.6M, and assets of $17.3M (revenue +12.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $2.1M, and assets of $17.7M (revenue +10.1% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.9M, and assets of $18.1M (revenue +32.0% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.7M, and assets of $17.3M (revenue +20.4% year-over-year).
- 2017: Revenue of $838K, expenses of $1.3M, and assets of $16.3M (revenue +12.1% year-over-year).
- 2016: Revenue of $748K, expenses of $1.1M, and assets of $12.7M (revenue -27.3% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $13.4M (revenue +71.8% year-over-year).
- 2014: Revenue of $598K, expenses of $1.1M, and assets of $14.2M (revenue -24.9% year-over-year).
- 2013: Revenue of $796K, expenses of $864K, and assets of $14.7M (revenue +7.6% year-over-year).
- 2012: Revenue of $740K, expenses of $1.0M, and assets of $15.6M (revenue -11.5% year-over-year).
- 2011: Revenue of $837K, expenses of $989K, and assets of $15.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coalition Homes Incorporated:
Data Sources and Methodology
This transparency report for Coalition Homes Incorporated 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.