Dallas County Local Housing Trust Fund Inc

Dallas County Local Housing Trust Fund Inc consistently directs funds to housing programs with no officer compensation.

EIN: 10824510 · Wdm, IA · NTEE: L25 · Updated: 2026-03-27

$411KRevenue

$56KAssets

85/100Mission Score (Excellent)

L25

About Dallas County Local Housing Trust Fund Inc

Dallas County Local Housing Trust Fund Inc (EIN: 10824510) is a nonprofit organization based in Wdm, IA, classified under NTEE code L25. The organization reported total revenue of $411K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dallas County Local Housing Trust Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Dallas County Local Housing Trust Fund Inc demonstrates a consistent commitment to its mission of providing housing assistance, as evidenced by its program spending. The organization's financial health appears stable, with revenues generally exceeding expenses in recent years, such as in 2023 where revenue was $287,993 against expenses of $275,989. However, its asset base remains relatively low compared to its annual revenue, with assets of $3,537 in 2023 and $56,259 currently, suggesting a lean operational model with funds quickly deployed. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, and the absence of officer compensation indicates a volunteer-driven or very low-overhead leadership structure, which is a positive sign for donor confidence.

The organization's spending efficiency is high, with a significant portion of its expenses directed towards programs. While specific program vs. administrative vs. fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests that the vast majority of funds are used for direct services, given the lack of officer compensation and relatively low asset accumulation. The consistent, albeit modest, growth in revenue over the past few years, from $116,397 in 2017 to $287,993 in 2023, indicates a growing capacity to serve its community. The organization's liabilities have fluctuated but generally remain manageable relative to its revenue.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Dallas County Local Housing Trust Fund Inc with a Mission Score of 85 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Dallas County Local Housing Trust Fund Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filing periods, indicating a volunteer-led executive structure or that executive roles are compensated through other means not classified as officer compensation, which is highly efficient for a nonprofit of this size.

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 Dallas County Local Housing Trust Fund Inc's IRS 990 filings:

Relatively low asset base compared to annual revenue, suggesting limited reserves for unexpected events (e.g., $3,537 assets vs. $287,993 revenue in 2023).

Strengths

The following positive indicators were identified for Dallas County Local Housing Trust Fund Inc:

Consistent program spending with revenues generally exceeding expenses (e.g., $287,993 revenue vs. $275,989 expenses in 2023).
Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
Positive trend in revenue growth over recent years, demonstrating increasing support and impact.
Consistent IRS 990 filing history, indicating good transparency and compliance.

Frequently Asked Questions about Dallas County Local Housing Trust Fund Inc

Is Dallas County Local Housing Trust Fund Inc a good charity?

Based on the available data, Dallas County Local Housing Trust Fund Inc appears to be a good charity. It consistently directs its funds towards its mission, as evidenced by revenues generally exceeding expenses and no reported officer compensation, suggesting high program efficiency.

How does Dallas County Local Housing Trust Fund Inc manage its liabilities?

The organization's liabilities have varied, for example, $20,280 in 2023 and $50,747 in 2022. While these figures fluctuate, they generally remain within a manageable range relative to its annual revenues, indicating responsible financial management.

What is the trend in Dallas County Local Housing Trust Fund Inc's revenue?

Dallas County Local Housing Trust Fund Inc has shown a positive revenue trend, growing from $116,397 in 2017 to $287,993 in 2023, and reaching $410,754 in its latest reported revenue, indicating increasing support and capacity.

Filing History

IRS 990 filing history for Dallas County Local Housing Trust Fund Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Dallas County Local Housing Trust Fund Inc's revenue has grown by 1146.5%, moving from $23K to $288K. Total functional expenses fell by 21.7%, from $352K to $276K. In its most recent filing year (2023), Dallas County Local Housing Trust Fund Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $20K in liabilities against $4K in assets (debt-to-asset ratio: 573.4%), resulting in net assets of $-16,743.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$288K	$276K	$4K	$20K	—	View 990
2022	$178K	$176K	$22K	$51K	—	View 990
2021	$210K	$238K	$27K	$58K	—	View 990
2020	$265K	$263K	$88K	$90K	—	View 990
2019	$211K	$214K	$36K	$40K	—	View 990
2018	$275K	$272K	$36K	$36K	—	View 990
2017	$116K	$112K	$1	$3K	—	View 990
2016	$126K	$114K	$21K	$28K	—	View 990
2015	$170K	$192K	$36K	$55K	—	View 990
2014	$230K	$257K	$67K	$65K	—	View 990
2013	$187K	$161K	$95K	$67K	—	View 990
2012	$297K	$263K	$16K	$13K	—	View 990
2011	$23K	$352K	$0	$31K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $288K, expenses of $276K, and assets of $4K (revenue +62.2% year-over-year).
2022: Revenue of $178K, expenses of $176K, and assets of $22K (revenue -15.2% year-over-year).
2021: Revenue of $210K, expenses of $238K, and assets of $27K (revenue -20.9% year-over-year).
2020: Revenue of $265K, expenses of $263K, and assets of $88K (revenue +25.7% year-over-year).
2019: Revenue of $211K, expenses of $214K, and assets of $36K (revenue -23.3% year-over-year).
2018: Revenue of $275K, expenses of $272K, and assets of $36K (revenue +136.1% year-over-year).
2017: Revenue of $116K, expenses of $112K, and assets of $1 (revenue -7.6% year-over-year).
2016: Revenue of $126K, expenses of $114K, and assets of $21K (revenue -26.0% year-over-year).
2015: Revenue of $170K, expenses of $192K, and assets of $36K (revenue -26.1% year-over-year).
2014: Revenue of $230K, expenses of $257K, and assets of $67K (revenue +22.9% year-over-year).
2013: Revenue of $187K, expenses of $161K, and assets of $95K (revenue -36.8% year-over-year).
2012: Revenue of $297K, expenses of $263K, and assets of $16K (revenue +1183.4% year-over-year).
2011: Revenue of $23K, expenses of $352K, and assets of $0.

Data Sources and Methodology

This transparency report for Dallas County Local Housing Trust Fund 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.