Drew County Housing Inc

Drew County Housing Inc. faces persistent deficit spending, leading to a 31% decline in assets over nine years.

EIN: 204772002 · Monticello, AR · NTEE: L20 · Updated: 2026-03-28

$46KRevenue
$617KAssets
70/100Mission Score (Good)
L20
Drew County Housing Inc Financial Summary
MetricValue
Total Revenue$46K
Total Expenses$94K
Program Spending80%
Net Assets$634K
Transparency Score70/100

Search Intent Cockpit

Drew County Housing Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Drew County Housing Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Drew County Housing Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $52K and expenses of $94K.

Revenue and Expenses

Drew County Housing Inc reported $52K in revenue and $94K in expenses, a deficit of $42K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

70/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Drew County Housing Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Drew County Housing Inc Expense Deployment
Program services$75K (80%)

Across stored filings, Drew County Housing Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Drew County Housing Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with East Arkansas Enterprise CommunityArkansas and Category L context

Trust Check

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Peer Benchmark

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Monticello, AR nonprofits
Category L in Arkansas
Human Services in Arkansas

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Donation Decision Flow

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80% of spending goes to programs.

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Drew County Housing Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Drew County Housing Inc

Drew County Housing Inc (EIN: 204772002) is a nonprofit organization based in Monticello, AR, classified under NTEE code L20. The organization reported total revenue of $46K and total assets of $617K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Drew County Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Drew County Housing Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.9%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$52K
Total Expenses$94K
Surplus / Deficit$-41,567
Total Assets$638K
Total Liabilities$4K
Net Assets$634K
Operating Margin-79.4%
Debt-to-Asset Ratio0.6%
Months of Reserves81.5 months

Financial Health Grade: B

In 2024, Drew County Housing Inc reported a deficit of $42K with expenses exceeding revenue, holds 81.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).

Financial Trends

Over 13 years of filings (2012–2024), Drew County Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.

YearRevenue ChangeExpense ChangeAsset Change
2024-3.1%+30.5%-6.1%
2023+48.2%-12.2%-2.6%
2022-32.1%+42.3%-6.1%
2021+39.1%-5.5%-0.5%
2020-9.1%-4.3%-2.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Drew County Housing Inc. demonstrates consistent financial transparency through its regular IRS 990 filings, with no reported officer compensation across all available periods. The organization's financial health shows a trend of expenses frequently exceeding revenue, as seen in the 202405 period where expenses were $93,891 against revenues of $52,324, and in 202305 with expenses of $71,927 against revenues of $54,012. This has led to a gradual decline in assets over time, from $926,434 in 201505 to $637,547 in 202405. While the organization maintains low liabilities, the sustained deficit spending raises questions about long-term sustainability without a significant increase in revenue or reduction in expenses. The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent deficit spending suggests that current operational costs are not fully covered by incoming revenue. The absence of officer compensation is a positive indicator for resource allocation, implying that funds are not being diverted to high executive salaries. The organization's primary focus appears to be on its mission, given the NTEE code L20 (Housing Development, Construction & Management), and the consistent asset base, despite its decline, indicates a stable, albeit shrinking, operational capacity. Overall, Drew County Housing Inc. is transparent in its financial reporting and avoids executive compensation. However, its financial stability is challenged by a persistent pattern of expenses exceeding revenue, leading to a reduction in its asset base over the past decade. This trend warrants closer monitoring to ensure the organization's continued ability to fulfill its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Drew County Housing Inc with a Mission Score of 70 out of 100 (Good). 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: 80%
  • fundraising: 5%

According to IRS 990 filings, Drew County Housing Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$52KTotal Revenue
$94KTotal Expenses
$638KTotal Assets
$4KTotal Liabilities
$634KNet Assets
  • The organization reported a deficit of $42K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.6%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly favorable for resource allocation.

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 Drew County Housing Inc's IRS 990 filings:

  • Consistent deficit spending (expenses exceeding revenue) in most recent periods, e.g., $93,891 expenses vs. $52,324 revenue in 202405.
  • Significant decline in total assets over time, from $926,434 in 201505 to $637,547 in 202405, indicating erosion of financial reserves.

Strengths

The following positive indicators were identified for Drew County Housing Inc:

  • Excellent financial transparency with consistent IRS 990 filings.
  • Zero executive compensation reported across all filings, ensuring funds are not diverted to high salaries.
  • Low liabilities, consistently below $4,000, indicating responsible debt management.

Frequently Asked Questions about Drew County Housing Inc

Is Drew County Housing Inc a legitimate charity?

Drew County Housing Inc (EIN: 204772002) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $46K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Drew County Housing Inc spend its money?

Drew County Housing Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Drew County Housing Inc tax-deductible?

Drew County Housing Inc is registered as a tax-exempt nonprofit (EIN: 204772002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Drew County Housing Inc's spending goes to programs?

Drew County Housing Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Drew County Housing Inc compare to similar nonprofits?

With a transparency score of 70/100 (Good), Drew County Housing Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Drew County Housing Inc located?

Drew County Housing Inc is headquartered in Monticello, Arkansas and files with the IRS under EIN 204772002. It is classified under NTEE code L20.

How many years of IRS 990 filings does Drew County Housing Inc have?

Drew County Housing 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 $46K in total revenue.

Is Drew County Housing Inc. financially sustainable given its consistent deficit spending?

The organization has consistently spent more than it earned in most recent periods (e.g., $93,891 expenses vs. $52,324 revenue in 202405), leading to a decline in assets from $926,434 in 201505 to $637,547 in 202405. This trend suggests potential long-term sustainability challenges if not addressed.

How does the lack of officer compensation impact the organization?

The consistent 0% officer compensation across all filings is a strong positive, indicating that all operational funds are directed towards programs and administrative overhead rather than executive salaries, maximizing resource utilization for its mission.

What is the primary reason for the decline in assets?

The decline in assets, from $926,434 in 201505 to $637,547 in 202405, is primarily due to the organization's expenses frequently exceeding its revenues over multiple fiscal periods.

Filing History

IRS 990 filing history for Drew County Housing Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Drew County Housing Inc's revenue has grown by 11.9%, moving from $47K to $52K. Total assets decreased by 33.9% over the same period, from $964K to $638K. Total functional expenses rose by 78%, from $53K to $94K. In its most recent filing year (2024), Drew County Housing Inc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $4K in liabilities against $638K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $634K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $52K $94K $638K $4K
2023 $54K $72K $679K $4K
2022 $36K $82K $697K $4K
2021 $54K $58K $743K $4K
2020 $39K $61K $747K $4K View 990
2019 $42K $64K $769K $4K View 990
2018 $49K $75K $790K $4K View 990
2017 $45K $78K $816K $4K View 990
2016 $45K $123K $849K $4K View 990
2015 $39K $58K $926K $3K View 990
2014 $46K $55K $945K $4K View 990
2013 $45K $54K $954K $3K View 990
2012 $47K $53K $964K $4K View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $52K, expenses of $94K, and assets of $638K (revenue -3.1% year-over-year).
  • 2023: Revenue of $54K, expenses of $72K, and assets of $679K (revenue +48.2% year-over-year).
  • 2022: Revenue of $36K, expenses of $82K, and assets of $697K (revenue -32.1% year-over-year).
  • 2021: Revenue of $54K, expenses of $58K, and assets of $743K (revenue +39.1% year-over-year).
  • 2020: Revenue of $39K, expenses of $61K, and assets of $747K (revenue -9.1% year-over-year).
  • 2019: Revenue of $42K, expenses of $64K, and assets of $769K (revenue -12.5% year-over-year).
  • 2018: Revenue of $49K, expenses of $75K, and assets of $790K (revenue +6.6% year-over-year).
  • 2017: Revenue of $45K, expenses of $78K, and assets of $816K (revenue +0.2% year-over-year).
  • 2016: Revenue of $45K, expenses of $123K, and assets of $849K (revenue +15.0% year-over-year).
  • 2015: Revenue of $39K, expenses of $58K, and assets of $926K (revenue -15.1% year-over-year).
  • 2014: Revenue of $46K, expenses of $55K, and assets of $945K (revenue +3.3% year-over-year).
  • 2013: Revenue of $45K, expenses of $54K, and assets of $954K (revenue -3.9% year-over-year).
  • 2012: Revenue of $47K, expenses of $53K, and assets of $964K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Drew County Housing Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Drew County 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.

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