Fannie Mae Dobbins Transitionalhousing Project
Fannie Mae Dobbins Transitionalhousing Project shows significant revenue growth but inconsistent annual revenue figures.
EIN: 205776584 · Kingsport, TN · NTEE: I31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $53K |
| Program Spending | 80% |
| Net Assets | $208K |
| Transparency Score | 75/100 |
Is Fannie Mae Dobbins Transitionalhousing Project Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fannie Mae Dobbins Transitionalhousing Project directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fannie Mae Dobbins Transitionalhousing Project
Fannie Mae Dobbins Transitionalhousing Project (EIN: 205776584) is a nonprofit organization based in Kingsport, TN, classified under NTEE code I31. The organization reported total revenue of $108K and total assets of $288K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fannie Mae Dobbins Transitionalhousing Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fannie Mae Dobbins Transitionalhousing Project is a small nonprofit that has been operating for 19 years, with 2 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 193.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $260K |
| Total Expenses | $53K |
| Surplus / Deficit | +$207K |
| Total Assets | $271K |
| Total Liabilities | $63K |
| Net Assets | $208K |
| Operating Margin | 79.7% |
| Debt-to-Asset Ratio | 23.3% |
| Months of Reserves | 61.7 months |
Financial Health Grade: A
In 2023, Fannie Mae Dobbins Transitionalhousing Project reported a surplus of $207K with revenue exceeding expenses, holds 61.7 months of operating reserves (strong position), has a debt-to-asset ratio of 23.3% (moderate leverage).
Financial Trends
Over 2 years of filings (2018–2023), Fannie Mae Dobbins Transitionalhousing Project's revenue has grown at a compound annual growth rate (CAGR) of 193.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21581.8% | +5183.0% | +11211.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Fannie Mae Dobbins Transitionalhousing Project with a Mission Score of 75 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, Fannie Mae Dobbins Transitionalhousing Project 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $207K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.3%.
Executive Compensation Analysis
Executive compensation is reported at 0% for both available periods, suggesting that no officers or key employees received compensation, which is commendable for an organization of this 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 Fannie Mae Dobbins Transitionalhousing Project's IRS 990 filings:
- Significant revenue fluctuation between reporting periods ($260,181 in 2023 vs. $108,233 latest reported).
Strengths
The following positive indicators were identified for Fannie Mae Dobbins Transitionalhousing Project:
- Zero officer compensation reported, indicating strong fiscal responsibility regarding executive pay.
- Healthy asset base of $287,773, suggesting financial stability.
- Significant growth in revenue and assets from 2018 to 2023.
Frequently Asked Questions about Fannie Mae Dobbins Transitionalhousing Project
Is Fannie Mae Dobbins Transitionalhousing Project a legitimate charity?
Fannie Mae Dobbins Transitionalhousing Project (EIN: 205776584) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 75/100. It has 2 years of IRS 990 filings on record. Total revenue: $108K. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Fannie Mae Dobbins Transitionalhousing Project spend its money?
Fannie Mae Dobbins Transitionalhousing Project directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fannie Mae Dobbins Transitionalhousing Project tax-deductible?
Fannie Mae Dobbins Transitionalhousing Project is registered as a tax-exempt nonprofit (EIN: 205776584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fannie Mae Dobbins Transitionalhousing Project's spending goes to programs?
Fannie Mae Dobbins Transitionalhousing Project directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fannie Mae Dobbins Transitionalhousing Project compare to similar nonprofits?
With a transparency score of 75/100 (Good), Fannie Mae Dobbins Transitionalhousing Project is above average for NTEE category I31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fannie Mae Dobbins Transitionalhousing Project located?
Fannie Mae Dobbins Transitionalhousing Project is headquartered in Kingsport, Tennessee and files with the IRS under EIN 205776584. It is classified under NTEE code I31.
How many years of IRS 990 filings does Fannie Mae Dobbins Transitionalhousing Project have?
Fannie Mae Dobbins Transitionalhousing Project has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $108K in total revenue.
Is Fannie Mae Dobbins Transitionalhousing Project a good charity?
Based on the available data, the organization shows positive signs such as 0% officer compensation and a healthy asset base. However, a full assessment of 'goodness' would require more detailed expense breakdowns to confirm program efficiency.
What caused the large revenue fluctuation between 2023 ($260,181) and the latest reported revenue ($108,233)?
The provided data shows a significant drop in revenue from $260,181 in 2023 to the latest reported $108,233. This could be due to one-time grants, changes in funding cycles, or reporting period differences not fully captured in the summary data.
Filing History
IRS 990 filing history for Fannie Mae Dobbins Transitionalhousing Project showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2018–2023), Fannie Mae Dobbins Transitionalhousing Project's revenue has grown by 21581.8%, moving from $1K to $260K. Total assets increased by 11211.7% over the same period, from $2K to $271K. Total functional expenses rose by 5183%, from $1K to $53K. In its most recent filing year (2023), Fannie Mae Dobbins Transitionalhousing Project reported a surplus of $207K, with revenue exceeding expenses. The organization holds $63K in liabilities against $271K in assets (debt-to-asset ratio: 23.3%), resulting in net assets of $208K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $260K | $53K | $271K | $63K | — | — |
| 2018 | $1K | $1K | $2K | $1K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fannie Mae Dobbins Transitionalhousing Project:
Data Sources and Methodology
This transparency report for Fannie Mae Dobbins Transitionalhousing Project 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.