Family Support Systems Unlimited Housing Developments Fund Corp
Family Support Systems Unlimited Housing Developments Fund Corp maintains stable finances with minimal operating surplus and no reported officer compensation.
EIN: 133741738 · Bronx, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Family Support Systems Unlimited Housing Developments Fund Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Support Systems Unlimited Housing Developments Fund Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Support Systems Unlimited Housing Developments Fund Corp
Family Support Systems Unlimited Housing Developments Fund Corp (EIN: 133741738) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $1.9M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Support Systems Unlimited Housing Developments Fund Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Support Systems Unlimited Housing Developments Fund Corp is a mid-size nonprofit that has been operating for 32 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$33K |
| Total Assets | $2.8M |
| Total Liabilities | $971K |
| Net Assets | $1.9M |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 34.4% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2022, Family Support Systems Unlimited Housing Developments Fund Corp reported a surplus of $33K with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 34.4% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2022), Family Support Systems Unlimited Housing Developments Fund Corp's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -1.4% | -0.9% | +1.1% |
| 2021 | +79.1% | +133.1% | +3.0% |
| 2019 | +5.0% | +5.0% | +0.7% |
| 2018 | +48.5% | +16.9% | -2.6% |
| 2017 | +19.1% | -4.8% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Family Support Systems Unlimited Housing Developments Fund Corp 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, Family Support Systems Unlimited Housing Developments Fund Corp 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.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with nearly $2 million in annual revenue. This either indicates that no officers receive compensation, or that compensation is reported under a different category, which could obscure a full understanding of executive pay relative to the organization's 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 Family Support Systems Unlimited Housing Developments Fund Corp's IRS 990 filings:
- 0% officer compensation reported across all filings for an organization with nearly $2 million in revenue, which is highly unusual and warrants further investigation.
- NTEE code is unknown, making it difficult to categorize and benchmark the organization's mission and activities.
Strengths
The following positive indicators were identified for Family Support Systems Unlimited Housing Developments Fund Corp:
- Consistent financial reporting with 11 filings, demonstrating a commitment to compliance.
- Stable financial health with assets consistently exceeding liabilities (e.g., $2,821,211 assets vs. $970,954 liabilities in 2022).
- Revenues and expenses are closely aligned, indicating efficient use of funds with minimal surplus (e.g., $1,915,565 revenue vs. $1,882,137 expenses in 2022).
Frequently Asked Questions about Family Support Systems Unlimited Housing Developments Fund Corp
Is Family Support Systems Unlimited Housing Developments Fund Corp a legitimate charity?
Family Support Systems Unlimited Housing Developments Fund Corp (EIN: 133741738) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Family Support Systems Unlimited Housing Developments Fund Corp spend its money?
Family Support Systems Unlimited Housing Developments Fund Corp directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Family Support Systems Unlimited Housing Developments Fund Corp tax-deductible?
Family Support Systems Unlimited Housing Developments Fund Corp is registered as a tax-exempt nonprofit (EIN: 133741738). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Family Support Systems Unlimited Housing Developments Fund Corp CEO make?
Family Support Systems Unlimited Housing Developments Fund Corp's highest-compensated officer earns $2 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Family Support Systems Unlimited Housing Developments Fund Corp's spending goes to programs?
Family Support Systems Unlimited Housing Developments Fund Corp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Family Support Systems Unlimited Housing Developments Fund Corp located?
Family Support Systems Unlimited Housing Developments Fund Corp is headquartered in Bronx, New York and files with the IRS under EIN 133741738.
How many years of IRS 990 filings does Family Support Systems Unlimited Housing Developments Fund Corp have?
Family Support Systems Unlimited Housing Developments Fund Corp has 11 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 $1.9M in total revenue.
How does Family Support Systems Unlimited Housing Developments Fund Corp manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It could mean that officers are volunteers, compensated through a related entity, or that compensation is categorized differently within the 990, requiring a deeper dive into the full filing for clarity.
What is the specific breakdown of program services provided by the organization?
Without the detailed functional expense breakdown from the full 990, it's difficult to ascertain the specific types of program services and their respective spending allocations. The NTEE code being 'Unknown' also limits understanding of its primary focus.
What is the organization's strategy for managing its liabilities, which were $970,954 in 2022?
The organization's liabilities have fluctuated over the years, reaching $970,954 in 2022. While assets ($2,821,211) comfortably cover these liabilities, understanding the nature of these liabilities (e.g., program-related debt, operational payables) would provide insight into their financial management strategy.
Filing History
IRS 990 filing history for Family Support Systems Unlimited Housing Developments Fund Corp showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Family Support Systems Unlimited Housing Developments Fund Corp's revenue has grown by 219.5%, moving from $600K to $1.9M. Total assets increased by 12.3% over the same period, from $2.5M to $2.8M. Total functional expenses rose by 187.2%, from $655K to $1.9M. In its most recent filing year (2022), Family Support Systems Unlimited Housing Developments Fund Corp reported a surplus of $33K, with revenue exceeding expenses. The organization holds $971K in liabilities against $2.8M in assets (debt-to-asset ratio: 34.4%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.9M | $1.9M | $2.8M | $971K | — | View 990 |
| 2021 | $1.9M | $1.9M | $2.8M | $973K | — | View 990 |
| 2019 | $1.1M | $815K | $2.7M | $547K | — | View 990 |
| 2018 | $1.0M | $776K | $2.7M | $799K | — | View 990 |
| 2017 | $695K | $664K | $2.8M | $1.1M | — | View 990 |
| 2016 | $584K | $697K | $2.6M | $1.0M | — | View 990 |
| 2015 | $828K | $750K | $2.7M | $802K | — | View 990 |
| 2014 | $640K | $641K | $3.0M | $1.6M | — | View 990 |
| 2013 | $641K | $581K | $2.5M | $1.2M | — | View 990 |
| 2012 | $556K | $767K | $2.5M | $1.2M | — | View 990 |
| 2011 | $600K | $655K | $2.5M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.9M, expenses of $1.9M, and assets of $2.8M (revenue -1.4% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.9M, and assets of $2.8M (revenue +79.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $815K, and assets of $2.7M (revenue +5.0% year-over-year).
- 2018: Revenue of $1.0M, expenses of $776K, and assets of $2.7M (revenue +48.5% year-over-year).
- 2017: Revenue of $695K, expenses of $664K, and assets of $2.8M (revenue +19.1% year-over-year).
- 2016: Revenue of $584K, expenses of $697K, and assets of $2.6M (revenue -29.5% year-over-year).
- 2015: Revenue of $828K, expenses of $750K, and assets of $2.7M (revenue +29.4% year-over-year).
- 2014: Revenue of $640K, expenses of $641K, and assets of $3.0M (revenue -0.1% year-over-year).
- 2013: Revenue of $641K, expenses of $581K, and assets of $2.5M (revenue +15.3% year-over-year).
- 2012: Revenue of $556K, expenses of $767K, and assets of $2.5M (revenue -7.3% year-over-year).
- 2011: Revenue of $600K, expenses of $655K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Support Systems Unlimited Housing Developments Fund Corp:
Data Sources and Methodology
This transparency report for Family Support Systems Unlimited Housing Developments Fund Corp 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.