Fairfield County Mutual Housing Inc
EIN: 237013569 · Norwalk, CT · NTEE: L20Z
| Metric | Value |
|---|---|
| Total Revenue | $46K |
| Net Assets | $-96,857 |
Is Fairfield County Mutual Housing Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fairfield County Mutual Housing Inc
Fairfield County Mutual Housing Inc (EIN: 237013569) is a nonprofit organization based in Norwalk, CT, classified under NTEE code L20Z. The organization reported total revenue of $46K and total assets of $120K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairfield County Mutual Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairfield County Mutual Housing Inc is a micro nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -23.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $-29,187 |
| Surplus / Deficit | +$32K |
| Total Assets | $125K |
| Total Liabilities | $222K |
| Net Assets | $-96,857 |
| Operating Margin | 1173.1% |
| Debt-to-Asset Ratio | 177.3% |
Financial Health Grade: B
In 2023, Fairfield County Mutual Housing Inc reported a surplus of $32K with revenue exceeding expenses, has a debt-to-asset ratio of 177.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fairfield County Mutual Housing Inc's revenue has declined at a compound annual growth rate (CAGR) of -23.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.3% | -165.7% | -11.7% |
| 2022 | -88.5% | -62.3% | -1.9% |
| 2021 | -37.9% | +75.7% | -9.1% |
| 2020 | -7.0% | -14.2% | -7.5% |
| 2019 | -0.3% | +13.0% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fairfield County Mutual Housing Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fairfield County Mutual Housing Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 177.3%.
Frequently Asked Questions about Fairfield County Mutual Housing Inc
Is Fairfield County Mutual Housing Inc a legitimate charity?
Fairfield County Mutual Housing Inc (EIN: 237013569) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $46K. No red flags identified. Financial health grade: B.
How does Fairfield County Mutual Housing Inc spend its money?
Fairfield County Mutual Housing Inc reported $46K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fairfield County Mutual Housing Inc tax-deductible?
Fairfield County Mutual Housing Inc is registered as a tax-exempt nonprofit (EIN: 237013569). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fairfield County Mutual Housing Inc located?
Fairfield County Mutual Housing Inc is headquartered in Norwalk, Connecticut and files with the IRS under EIN 237013569. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Fairfield County Mutual Housing Inc have?
Fairfield County Mutual 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.
Filing History
IRS 990 filing history for Fairfield County Mutual Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fairfield County Mutual Housing Inc's revenue has declined by 96.1%, moving from $70K to $3K. Total assets decreased by 78.1% over the same period, from $573K to $125K. Total functional expenses fell by 145.6%, from $64K to $-29,187. The organization holds $222K in liabilities against $125K in assets (debt-to-asset ratio: 177.3%), resulting in net assets of $-96,857.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $-29,187 | $125K | $222K | — | — |
| 2022 | $4K | $44K | $142K | $271K | — | View 990 |
| 2021 | $34K | $118K | $145K | $233K | — | — |
| 2020 | $55K | $67K | $159K | $164K | — | — |
| 2019 | $60K | $78K | $172K | $165K | — | View 990 |
| 2018 | $60K | $69K | $177K | $151K | — | View 990 |
| 2017 | $61K | $70K | $188K | $153K | — | View 990 |
| 2016 | $62K | $122K | $195K | $151K | — | View 990 |
| 2015 | $72K | $76K | $245K | $142K | — | View 990 |
| 2014 | $73K | $67K | $255K | $148K | — | View 990 |
| 2013 | $185K | $394K | $256K | $155K | — | View 990 |
| 2012 | $71K | $67K | $578K | $268K | — | View 990 |
| 2011 | $70K | $64K | $573K | $267K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $-29,187, and assets of $125K (revenue -31.3% year-over-year).
- 2022: Revenue of $4K, expenses of $44K, and assets of $142K (revenue -88.5% year-over-year).
- 2021: Revenue of $34K, expenses of $118K, and assets of $145K (revenue -37.9% year-over-year).
- 2020: Revenue of $55K, expenses of $67K, and assets of $159K (revenue -7.0% year-over-year).
- 2019: Revenue of $60K, expenses of $78K, and assets of $172K (revenue -0.3% year-over-year).
- 2018: Revenue of $60K, expenses of $69K, and assets of $177K (revenue -2.2% year-over-year).
- 2017: Revenue of $61K, expenses of $70K, and assets of $188K (revenue -1.6% year-over-year).
- 2016: Revenue of $62K, expenses of $122K, and assets of $195K (revenue -13.2% year-over-year).
- 2015: Revenue of $72K, expenses of $76K, and assets of $245K (revenue -2.1% year-over-year).
- 2014: Revenue of $73K, expenses of $67K, and assets of $255K (revenue -60.4% year-over-year).
- 2013: Revenue of $185K, expenses of $394K, and assets of $256K (revenue +162.0% year-over-year).
- 2012: Revenue of $71K, expenses of $67K, and assets of $578K (revenue +0.4% year-over-year).
- 2011: Revenue of $70K, expenses of $64K, and assets of $573K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairfield County Mutual Housing Inc:
Data Sources and Methodology
This transparency report for Fairfield County Mutual 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.