Cumberland River Homes Inc
Cumberland River Homes Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 200816622 · Salem, KY · NTEE: P82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3.4M |
| Net Assets | $1.4M |
| Transparency Score | 90/100 |
Is Cumberland River Homes Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cumberland River Homes Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cumberland River Homes Inc
Cumberland River Homes Inc (EIN: 200816622) is a nonprofit organization based in Salem, KY, classified under NTEE code P82. The organization reported total revenue of $2.9M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cumberland River Homes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cumberland River Homes Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$673K |
| Total Assets | $1.4M |
| Total Liabilities | $23K |
| Net Assets | $1.4M |
| Operating Margin | 19.7% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, Cumberland River Homes Inc reported a surplus of $673K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cumberland River Homes Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.3% | +12.4% | +87.8% |
| 2022 | -10.4% | +4.5% | -23.8% |
| 2021 | +4.7% | +3.9% | -13.5% |
| 2020 | +3.6% | +0.2% | +39.7% |
| 2019 | +17.8% | +14.2% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Cumberland River Homes 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, Cumberland River Homes 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 surplus of $673K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through other means not categorized as officer compensation, which is a strong positive for a nonprofit of its size (latest revenue $3.4M).
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.
Strengths
The following positive indicators were identified for Cumberland River Homes Inc:
- Consistent revenue growth, increasing from $1.35M in 2014 to $3.42M in 2023.
- Strong financial health with consistent surpluses, leading to asset accumulation ($1.44M in 2023).
- Very low liabilities ($23,303 in 2023) relative to assets, indicating minimal debt.
- Reported 0% officer compensation across all filings, suggesting high efficiency or volunteer leadership.
- Positive net assets in every reported period, demonstrating financial stability.
Frequently Asked Questions about Cumberland River Homes Inc
Is Cumberland River Homes Inc a legitimate charity?
Cumberland River Homes Inc (EIN: 200816622) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.9M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Cumberland River Homes Inc spend its money?
Cumberland River Homes Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cumberland River Homes Inc tax-deductible?
Cumberland River Homes Inc is registered as a tax-exempt nonprofit (EIN: 200816622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cumberland River Homes Inc CEO make?
Cumberland River Homes Inc's highest-compensated officer earns $3.4M annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cumberland River Homes Inc's spending goes to programs?
Cumberland River Homes Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cumberland River Homes Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cumberland River Homes Inc is above average for NTEE category P82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cumberland River Homes Inc located?
Cumberland River Homes Inc is headquartered in Salem, Kentucky and files with the IRS under EIN 200816622. It is classified under NTEE code P82.
How many years of IRS 990 filings does Cumberland River Homes Inc have?
Cumberland River Homes 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 $2.9M in total revenue.
Is Cumberland River Homes Inc a good charity?
Based on the provided financial data, Cumberland River Homes Inc appears to be a financially sound and well-managed charity. It consistently generates more revenue than expenses, leading to asset growth, and reports 0% officer compensation, which are strong indicators of responsible stewardship.
How has Cumberland River Homes Inc's revenue changed over time?
Cumberland River Homes Inc has shown consistent revenue growth, increasing from $1,353,539 in 2014 to $3,426,652 in 2023, more than doubling its annual income over the decade.
What is the organization's asset-to-liability ratio?
In the latest filing (202312), Cumberland River Homes Inc had assets of $1,446,147 and liabilities of $23,303, resulting in a very strong asset-to-liability ratio of approximately 62:1, indicating excellent financial stability.
Filing History
IRS 990 filing history for Cumberland River Homes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cumberland River Homes Inc's revenue has grown by 176%, moving from $1.2M to $3.4M. Total assets increased by 183.1% over the same period, from $511K to $1.4M. Total functional expenses rose by 153.2%, from $1.1M to $2.8M. In its most recent filing year (2023), Cumberland River Homes Inc reported a surplus of $673K, with revenue exceeding expenses. The organization holds $23K in liabilities against $1.4M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $2.8M | $1.4M | $23K | — | — |
| 2022 | $2.2M | $2.4M | $770K | $21K | — | — |
| 2021 | $2.5M | $2.3M | $1.0M | $20K | — | View 990 |
| 2020 | $2.4M | $2.3M | $1.2M | $296K | — | View 990 |
| 2019 | $2.3M | $2.3M | $836K | $59K | — | View 990 |
| 2018 | $1.9M | $2.0M | $796K | $37K | — | View 990 |
| 2017 | $1.7M | $1.7M | $816K | $11K | — | View 990 |
| 2016 | $1.7M | $1.6M | $816K | $9K | — | View 990 |
| 2015 | $1.5M | $1.4M | $705K | $10K | — | View 990 |
| 2014 | $1.4M | $1.4M | $602K | $8K | — | View 990 |
| 2013 | $1.4M | $1.3M | $624K | $5K | — | View 990 |
| 2012 | $1.2M | $1.2M | $556K | $7K | — | View 990 |
| 2011 | $1.2M | $1.1M | $511K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $2.8M, and assets of $1.4M (revenue +55.3% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.4M, and assets of $770K (revenue -10.4% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.3M, and assets of $1.0M (revenue +4.7% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.3M, and assets of $1.2M (revenue +3.6% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.3M, and assets of $836K (revenue +17.8% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.0M, and assets of $796K (revenue +14.4% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $816K (revenue -1.5% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $816K (revenue +11.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $705K (revenue +13.4% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $602K (revenue -0.6% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $624K (revenue +13.0% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $556K (revenue -2.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $511K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cumberland River Homes Inc:
Data Sources and Methodology
This transparency report for Cumberland River Homes 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.