Epworth Housing Foundation Cpe
Epworth Housing Foundation Cpe shows stable revenue but declining assets and persistent high liabilities over the past decade.
EIN: 208336076 · Denver, CO · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $863K |
| Total Expenses | $788K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $800,000. |
| Net Assets | $-476,894 |
| Transparency Score | 70/100 |
Is Epworth Housing Foundation Cpe Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Epworth Housing Foundation Cpe directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Epworth Housing Foundation Cpe
Epworth Housing Foundation Cpe (EIN: 208336076) is a nonprofit organization based in Denver, CO, classified under NTEE code L22. The organization reported total revenue of $863K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Epworth Housing Foundation Cpe's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Epworth Housing Foundation Cpe is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $861K |
| Total Expenses | $788K |
| Surplus / Deficit | +$73K |
| Total Assets | $2.7M |
| Total Liabilities | $3.1M |
| Net Assets | $-476,894 |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 117.9% |
| Months of Reserves | 40.5 months |
Financial Health Grade: A
In 2023, Epworth Housing Foundation Cpe reported a surplus of $73K with revenue exceeding expenses, holds 40.5 months of operating reserves (strong position), has a debt-to-asset ratio of 117.9% (high leverage).
Financial Trends
Over 12 years of filings (2010–2023), Epworth Housing Foundation Cpe's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.8% | -6.0% | +1.6% |
| 2022 | -14.3% | -4.2% | -5.6% |
| 2021 | +17.9% | -1.4% | -4.8% |
| 2019 | -11.6% | +0.7% | -5.9% |
| 2018 | +4.0% | +8.9% | -3.4% |
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 Epworth Housing Foundation Cpe 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Epworth Housing Foundation Cpe 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 $73K, with revenue exceeding expenses.
- Debt-to-asset ratio: 117.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership either serves on a volunteer basis or is compensated through other means not classified as officer compensation, which is a positive for administrative cost control relative to its revenue of around $800,000.
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 Epworth Housing Foundation Cpe's IRS 990 filings:
- Consistent decline in assets over the past decade (from $3.6M in 2013 to $2.6M in 2023)
- Liabilities consistently exceed assets in recent years (e.g., 2023: $3.1M liabilities vs. $2.6M assets), indicating potential solvency issues
- Periods of operating deficit where expenses exceeded revenue (e.g., 2022: $837,740 expenses vs. $712,197 revenue)
Strengths
The following positive indicators were identified for Epworth Housing Foundation Cpe:
- Strong transparency with 12 consistent IRS 990 filings
- 0% reported officer compensation, indicating highly efficient administrative costs for leadership
- Stable operational revenue in the $700,000-$800,000 range over the past decade
Frequently Asked Questions about Epworth Housing Foundation Cpe
Is Epworth Housing Foundation Cpe a legitimate charity?
Epworth Housing Foundation Cpe (EIN: 208336076) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $863K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Epworth Housing Foundation Cpe spend its money?
Epworth Housing Foundation Cpe directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Epworth Housing Foundation Cpe tax-deductible?
Epworth Housing Foundation Cpe is registered as a tax-exempt nonprofit (EIN: 208336076). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Epworth Housing Foundation Cpe CEO make?
Epworth Housing Foundation Cpe's highest-compensated officer earns $800,000. annually. The organization reported $863K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Epworth Housing Foundation Cpe's spending goes to programs?
Epworth Housing Foundation Cpe directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Epworth Housing Foundation Cpe compare to similar nonprofits?
With a transparency score of 70/100 (Good), Epworth Housing Foundation Cpe is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Epworth Housing Foundation Cpe located?
Epworth Housing Foundation Cpe is headquartered in Denver, Colorado and files with the IRS under EIN 208336076. It is classified under NTEE code L22.
How many years of IRS 990 filings does Epworth Housing Foundation Cpe have?
Epworth Housing Foundation Cpe has 12 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 $863K in total revenue.
Is Epworth Housing Foundation Cpe a good charity?
Epworth Housing Foundation Cpe demonstrates strong transparency with consistent IRS 990 filings and reports 0% officer compensation, suggesting efficient use of funds for leadership. However, its long-term financial health is concerning due to declining assets and liabilities consistently exceeding assets in recent years, which could impact its sustainability.
What is the trend in the organization's assets and liabilities?
The organization's assets have consistently declined from $3,603,214 in 2013 to $2,659,530 in 2023. Concurrently, liabilities have remained high, often exceeding assets, such as in 2023 where liabilities were $3,136,424 against assets of $2,659,530.
How does Epworth Housing Foundation Cpe manage executive compensation?
Epworth Housing Foundation Cpe reports 0% officer compensation in all available filings, indicating a highly cost-efficient approach to executive leadership, potentially relying on volunteer efforts or other non-officer compensation structures.
Has the organization consistently operated with a surplus?
No, the organization has experienced periods where expenses exceeded revenue, such as in 2022 ($837,740 expenses vs. $712,197 revenue), but also periods of surplus, like 2023 ($860,618 revenue vs. $787,704 expenses).
Filing History
IRS 990 filing history for Epworth Housing Foundation Cpe showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), Epworth Housing Foundation Cpe's revenue has grown by 26.8%, moving from $679K to $861K. Total assets decreased by 25.9% over the same period, from $3.6M to $2.7M. Total functional expenses rose by 28.5%, from $613K to $788K. In its most recent filing year (2023), Epworth Housing Foundation Cpe reported a surplus of $73K, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $2.7M in assets (debt-to-asset ratio: 117.9%), resulting in net assets of $-476,894.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $861K | $788K | $2.7M | $3.1M | — | — |
| 2022 | $712K | $838K | $2.6M | $3.2M | — | View 990 |
| 2021 | $831K | $875K | $2.8M | $3.2M | — | View 990 |
| 2019 | $705K | $887K | $2.9M | $3.3M | — | View 990 |
| 2018 | $797K | $881K | $3.1M | $3.3M | — | View 990 |
| 2017 | $767K | $809K | $3.2M | $3.3M | — | View 990 |
| 2016 | $754K | $919K | $3.3M | $3.3M | — | View 990 |
| 2014 | $730K | $717K | $3.6M | $3.4M | — | View 990 |
| 2013 | $749K | $681K | $3.6M | $3.4M | — | View 990 |
| 2012 | $703K | $736K | $3.5M | $3.4M | — | View 990 |
| 2011 | $666K | $602K | $3.6M | $3.3M | — | View 990 |
| 2010 | $679K | $613K | $3.6M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $861K, expenses of $788K, and assets of $2.7M (revenue +20.8% year-over-year).
- 2022: Revenue of $712K, expenses of $838K, and assets of $2.6M (revenue -14.3% year-over-year).
- 2021: Revenue of $831K, expenses of $875K, and assets of $2.8M (revenue +17.9% year-over-year).
- 2019: Revenue of $705K, expenses of $887K, and assets of $2.9M (revenue -11.6% year-over-year).
- 2018: Revenue of $797K, expenses of $881K, and assets of $3.1M (revenue +4.0% year-over-year).
- 2017: Revenue of $767K, expenses of $809K, and assets of $3.2M (revenue +1.7% year-over-year).
- 2016: Revenue of $754K, expenses of $919K, and assets of $3.3M (revenue +3.3% year-over-year).
- 2014: Revenue of $730K, expenses of $717K, and assets of $3.6M (revenue -2.6% year-over-year).
- 2013: Revenue of $749K, expenses of $681K, and assets of $3.6M (revenue +6.6% year-over-year).
- 2012: Revenue of $703K, expenses of $736K, and assets of $3.5M (revenue +5.6% year-over-year).
- 2011: Revenue of $666K, expenses of $602K, and assets of $3.6M (revenue -1.9% year-over-year).
- 2010: Revenue of $679K, expenses of $613K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Epworth Housing Foundation Cpe:
Data Sources and Methodology
This transparency report for Epworth Housing Foundation Cpe 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.