Finley Housing Corporation
EIN: 456017038 · Finley, ND
| Metric | Value |
|---|---|
| Total Revenue | $107K |
| Total Expenses | $100K |
| Net Assets | $74K |
Is Finley Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Finley Housing Corporation
Finley Housing Corporation (EIN: 456017038) is a nonprofit organization based in Finley, ND. The organization reported total revenue of $107K and total assets of $443K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Finley Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Finley Housing Corporation is a small nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $100K |
| Surplus / Deficit | +$3K |
| Total Assets | $450K |
| Total Liabilities | $376K |
| Net Assets | $74K |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 83.6% |
| Months of Reserves | 54.0 months |
Financial Health Grade: A
In 2023, Finley Housing Corporation reported a surplus of $3K with revenue exceeding expenses, holds 54.0 months of operating reserves (strong position), has a debt-to-asset ratio of 83.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Finley Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | +6.5% | -0.7% |
| 2022 | -0.5% | -1.0% | +0.8% |
| 2021 | -0.4% | +6.9% | +0.8% |
| 2020 | +7.8% | -8.3% | +2.4% |
| 2019 | -4.8% | -9.0% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Finley Housing Corporation 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 Finley Housing Corporation 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:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.6%.
Frequently Asked Questions about Finley Housing Corporation
Is Finley Housing Corporation a legitimate charity?
Finley Housing Corporation (EIN: 456017038) is a registered tax-exempt nonprofit based in North Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $107K. No red flags identified. Financial health grade: A.
How does Finley Housing Corporation spend its money?
Finley Housing Corporation reported $107K 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 Finley Housing Corporation tax-deductible?
Finley Housing Corporation is registered as a tax-exempt nonprofit (EIN: 456017038). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Finley Housing Corporation located?
Finley Housing Corporation is headquartered in Finley, North Dakota and files with the IRS under EIN 456017038.
How many years of IRS 990 filings does Finley Housing Corporation have?
Finley Housing Corporation 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 $107K in total revenue.
Filing History
IRS 990 filing history for Finley Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Finley Housing Corporation's revenue has grown by 10%, moving from $94K to $103K. Total assets increased by 5.8% over the same period, from $425K to $450K. Total functional expenses rose by 16.5%, from $86K to $100K. In its most recent filing year (2023), Finley Housing Corporation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $376K in liabilities against $450K in assets (debt-to-asset ratio: 83.6%), resulting in net assets of $74K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103K | $100K | $450K | $376K | — | — |
| 2022 | $103K | $94K | $453K | $383K | — | View 990 |
| 2021 | $103K | $95K | $450K | $388K | — | View 990 |
| 2020 | $104K | $89K | $446K | $393K | — | — |
| 2019 | $96K | $97K | $436K | $398K | — | View 990 |
| 2018 | $101K | $106K | $445K | $406K | — | View 990 |
| 2017 | $102K | $108K | $460K | $416K | — | View 990 |
| 2016 | $125K | $104K | $462K | $412K | — | View 990 |
| 2015 | $90K | $91K | $442K | $413K | — | View 990 |
| 2014 | $92K | $94K | $389K | $359K | — | View 990 |
| 2013 | $104K | $121K | $396K | $364K | — | View 990 |
| 2012 | $104K | $112K | $412K | $363K | — | View 990 |
| 2011 | $94K | $86K | $425K | $368K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103K, expenses of $100K, and assets of $450K (revenue +0.7% year-over-year).
- 2022: Revenue of $103K, expenses of $94K, and assets of $453K (revenue -0.5% year-over-year).
- 2021: Revenue of $103K, expenses of $95K, and assets of $450K (revenue -0.4% year-over-year).
- 2020: Revenue of $104K, expenses of $89K, and assets of $446K (revenue +7.8% year-over-year).
- 2019: Revenue of $96K, expenses of $97K, and assets of $436K (revenue -4.8% year-over-year).
- 2018: Revenue of $101K, expenses of $106K, and assets of $445K (revenue -0.8% year-over-year).
- 2017: Revenue of $102K, expenses of $108K, and assets of $460K (revenue -18.7% year-over-year).
- 2016: Revenue of $125K, expenses of $104K, and assets of $462K (revenue +39.1% year-over-year).
- 2015: Revenue of $90K, expenses of $91K, and assets of $442K (revenue -1.9% year-over-year).
- 2014: Revenue of $92K, expenses of $94K, and assets of $389K (revenue -12.2% year-over-year).
- 2013: Revenue of $104K, expenses of $121K, and assets of $396K (revenue +0.8% year-over-year).
- 2012: Revenue of $104K, expenses of $112K, and assets of $412K (revenue +10.1% year-over-year).
- 2011: Revenue of $94K, expenses of $86K, and assets of $425K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Finley Housing Corporation:
Data Sources and Methodology
This transparency report for Finley Housing Corporation 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.