Community Housing Solutions Of Guilford Inc
Community Housing Solutions Of Guilford Inc experiences significant growth in revenue and expenses with zero reported officer compensation.
EIN: 200458814 · Greensboro, NC · NTEE: L81 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $3.8M |
| Program Spending | 85% |
| Net Assets | $1.1M |
| Transparency Score | 90/100 |
Is Community Housing Solutions Of Guilford Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Housing Solutions Of Guilford Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Housing Solutions Of Guilford Inc
Community Housing Solutions Of Guilford Inc (EIN: 200458814) is a nonprofit organization based in Greensboro, NC, classified under NTEE code L81. The organization reported total revenue of $4.2M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Housing Solutions Of Guilford Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Housing Solutions Of Guilford Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.8M |
| Surplus / Deficit | $-24,720 |
| Total Assets | $2.2M |
| Total Liabilities | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 51.5% |
| Months of Reserves | 7.0 months |
Financial Health Grade: C
In 2023, Community Housing Solutions Of Guilford Inc reported a deficit of $25K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 51.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Housing Solutions Of Guilford Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +148.7% | +160.5% | +31.8% |
| 2022 | +6.3% | +4.8% | +3.5% |
| 2021 | +21.3% | +11.9% | +21.7% |
| 2020 | -22.5% | -6.1% | -2.0% |
| 2019 | +32.2% | -2.4% | +29.1% |
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 Community Housing Solutions Of Guilford Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Community Housing Solutions Of Guilford Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing resources to programs.
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 Community Housing Solutions Of Guilford Inc's IRS 990 filings:
- Significant increase in liabilities in the most recent period (202312) to $1,135,862, which warrants further investigation into their nature and management.
Strengths
The following positive indicators were identified for Community Housing Solutions Of Guilford Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship and dedication to mission.
- Significant growth in revenue and program activity in the latest filing period (202312), suggesting expanding impact.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency.
- Strong asset growth, reaching $2,206,957 in 202312, providing a solid financial base.
Frequently Asked Questions about Community Housing Solutions Of Guilford Inc
Is Community Housing Solutions Of Guilford Inc a legitimate charity?
Community Housing Solutions Of Guilford Inc (EIN: 200458814) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.2M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Community Housing Solutions Of Guilford Inc spend its money?
Community Housing Solutions Of Guilford Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Community Housing Solutions Of Guilford Inc tax-deductible?
Community Housing Solutions Of Guilford Inc is registered as a tax-exempt nonprofit (EIN: 200458814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Community Housing Solutions Of Guilford Inc's spending goes to programs?
Community Housing Solutions Of Guilford Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community Housing Solutions Of Guilford Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Community Housing Solutions Of Guilford Inc is above average for NTEE category L81 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Housing Solutions Of Guilford Inc located?
Community Housing Solutions Of Guilford Inc is headquartered in Greensboro, North Carolina and files with the IRS under EIN 200458814. It is classified under NTEE code L81.
How many years of IRS 990 filings does Community Housing Solutions Of Guilford Inc have?
Community Housing Solutions Of Guilford Inc 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 $4.2M in total revenue.
Is Community Housing Solutions Of Guilford Inc a good charity?
Based on the available data, Community Housing Solutions Of Guilford Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating strong financial stewardship. Its program spending ratio is estimated to be high, and it has shown significant growth in its operations, suggesting an expanding impact. The consistent filing of IRS 990s also points to good transparency.
What caused the significant increase in revenue and expenses in 2023?
The IRS 990 data alone does not specify the exact cause. However, the jump from approximately $1.5 million in revenue in 2022 to $3.7 million in 2023 suggests a major new grant, program expansion, or a significant fundraising success. Further investigation into the detailed 990 forms would be needed to identify the specific revenue streams.
How does the organization manage its liabilities given the recent increase?
In 202312, liabilities reached $1,135,862, up from $578,321 in 202212. While assets also increased, the growing liabilities warrant attention. It's important to understand the nature of these liabilities (e.g., program-related debt, deferred revenue, mortgages) to assess their sustainability and the organization's long-term financial health.
Filing History
IRS 990 filing history for Community Housing Solutions Of Guilford Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Housing Solutions Of Guilford Inc's revenue has grown by 745.3%, moving from $446K to $3.8M. Total assets increased by 433.9% over the same period, from $413K to $2.2M. Total functional expenses rose by 592.8%, from $547K to $3.8M. In its most recent filing year (2023), Community Housing Solutions Of Guilford Inc reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $2.2M in assets (debt-to-asset ratio: 51.5%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $3.8M | $2.2M | $1.1M | — | View 990 |
| 2022 | $1.5M | $1.5M | $1.7M | $578K | — | View 990 |
| 2021 | $1.4M | $1.4M | $1.6M | $581K | — | View 990 |
| 2020 | $1.2M | $1.2M | $1.3M | $220K | — | — |
| 2019 | $1.5M | $1.3M | $1.4M | $288K | — | View 990 |
| 2018 | $1.1M | $1.4M | $1.1M | $170K | — | View 990 |
| 2017 | $1.4M | $1.5M | $1.4M | $287K | — | — |
| 2016 | $1.2M | $1.0M | $1.4M | $213K | — | View 990 |
| 2015 | $1.2M | $1.0M | $1.3M | $274K | — | View 990 |
| 2014 | $928K | $514K | $912K | $121K | — | View 990 |
| 2013 | $588K | $540K | $564K | $187K | — | View 990 |
| 2012 | $559K | $508K | $514K | $185K | — | View 990 |
| 2011 | $446K | $547K | $413K | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $3.8M, and assets of $2.2M (revenue +148.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $1.7M (revenue +6.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M (revenue +21.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $1.3M (revenue -22.5% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.3M, and assets of $1.4M (revenue +32.2% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.4M, and assets of $1.1M (revenue -16.5% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.5M, and assets of $1.4M (revenue +11.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.0M, and assets of $1.4M (revenue +0.4% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.0M, and assets of $1.3M (revenue +32.3% year-over-year).
- 2014: Revenue of $928K, expenses of $514K, and assets of $912K (revenue +58.0% year-over-year).
- 2013: Revenue of $588K, expenses of $540K, and assets of $564K (revenue +5.1% year-over-year).
- 2012: Revenue of $559K, expenses of $508K, and assets of $514K (revenue +25.5% year-over-year).
- 2011: Revenue of $446K, expenses of $547K, and assets of $413K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Housing Solutions Of Guilford Inc:
Data Sources and Methodology
This transparency report for Community Housing Solutions Of Guilford 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.