Eco Dream Affordable Housing
Eco Dream Affordable Housing reports no recent financial activity and has minimal historical assets with significant liabilities.
EIN: 201911485 · Las Vegas, NV · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $21K |
| Program Spending | 70% |
| Net Assets | $-22,779 |
| Transparency Score | 30/100 |
Is Eco Dream Affordable Housing Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eco Dream Affordable Housing directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Eco Dream Affordable Housing
Eco Dream Affordable Housing (EIN: 201911485) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code L20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eco Dream Affordable Housing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eco Dream Affordable Housing is a micro nonprofit that has been operating for 20 years, with 2 years of IRS 990 filings on record (2011–2012).
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $21K |
| Surplus / Deficit | +$0 |
| Total Assets | $68 |
| Total Liabilities | $23K |
| Net Assets | $-22,779 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 33598.5% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2012, Eco Dream Affordable Housing reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 33598.5% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Eco Dream Affordable Housing with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Eco Dream Affordable Housing allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 33598.5%.
Executive Compensation Analysis
Executive compensation was reported as 0% in both 2011 and 2012, indicating that officers were not compensated, which is typical for very small or volunteer-run organizations.
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 Eco Dream Affordable Housing's IRS 990 filings:
- No recent financial activity reported (Latest Revenue: $0, Assets: $0).
- Significant liabilities relative to assets in historical filings ($22,847 liabilities vs $68 assets in 2012; $43,710 liabilities vs $272 assets in 2011).
- Incurred substantial expenses ($55,418) with $0 revenue in 2011, indicating financial instability.
Strengths
The following positive indicators were identified for Eco Dream Affordable Housing:
- No officer compensation reported in historical filings, suggesting volunteer leadership or efficient use of funds for personnel.
- Historical filings show some program activity, with expenses incurred towards its mission in earlier years.
Frequently Asked Questions about Eco Dream Affordable Housing
Is Eco Dream Affordable Housing a legitimate charity?
Eco Dream Affordable Housing (EIN: 201911485) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 30/100. It has 2 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Eco Dream Affordable Housing spend its money?
Eco Dream Affordable Housing directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Eco Dream Affordable Housing tax-deductible?
Eco Dream Affordable Housing is registered as a tax-exempt nonprofit (EIN: 201911485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eco Dream Affordable Housing's spending goes to programs?
Eco Dream Affordable Housing directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Eco Dream Affordable Housing compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Eco Dream Affordable Housing is below average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eco Dream Affordable Housing located?
Eco Dream Affordable Housing is headquartered in Las Vegas, Nevada and files with the IRS under EIN 201911485. It is classified under NTEE code L20.
How many years of IRS 990 filings does Eco Dream Affordable Housing have?
Eco Dream Affordable Housing has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Eco Dream Affordable Housing currently active?
Based on the 'Latest Revenue: $0' and 'Assets: $0' provided, alongside the historical filings ending in 2012, it appears the organization is not currently active or has ceased significant operations.
What caused the significant liabilities in 2011 and 2012?
The provided data does not specify the nature of the liabilities, but they were substantial relative to the organization's assets ($22,847 liabilities vs $68 assets in 2012; $43,710 liabilities vs $272 assets in 2011), indicating a potential financial strain or debt.
How did the organization incur $55,418 in expenses with $0 revenue in 2011?
In 2011, the organization reported $55,418 in expenses with no revenue, suggesting these expenses were covered by prior period assets, loans, or other non-revenue sources, leading to a significant net deficit for that year.
Filing History
IRS 990 filing history for Eco Dream Affordable Housing showing financial trends over 2 years of public records:
Total assets decreased by 75% over the same period, from $272 to $68. Total functional expenses fell by 62%, from $55K to $21K. In its most recent filing year (2012), Eco Dream Affordable Housing reported a surplus of $0, with revenue exceeding expenses. The organization holds $23K in liabilities against $68 in assets (debt-to-asset ratio: 33598.5%), resulting in net assets of $-22,779.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $21K | $21K | $68 | $23K | — | View 990 |
| 2011 | $0 | $55K | $272 | $44K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eco Dream Affordable Housing:
Data Sources and Methodology
This transparency report for Eco Dream Affordable Housing 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.