Fort Ransom Housing Authority Inc
EIN: 450382958 · Fort Ransom, ND
Is Fort Ransom Housing Authority Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fort Ransom Housing Authority Inc
Fort Ransom Housing Authority Inc (EIN: 450382958) is a nonprofit organization based in Fort Ransom, ND. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Ransom Housing Authority Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Ransom Housing Authority Inc is a micro nonprofit that has been operating for 41 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -33.9%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $461 |
| Total Expenses | $0 |
| Surplus / Deficit | +$461 |
| Total Assets | $303K |
| Total Liabilities | $94K |
| Net Assets | $209K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 30.9% |
Financial Health Grade: A
In 2018, Fort Ransom Housing Authority Inc reported a surplus of $461 with revenue exceeding expenses, has a debt-to-asset ratio of 30.9% (moderate leverage).
Financial Trends
Over 8 years of filings (2011–2018), Fort Ransom Housing Authority Inc's revenue has declined at a compound annual growth rate (CAGR) of -33.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -81.7% | — | +1.6% |
| 2016 | -144.7% | — | -1.4% |
| 2015 | +100.2% | — | +2.8% |
| 2014 | +37.5% | — | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fort Ransom Housing Authority 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 Fort Ransom Housing Authority 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 (2018)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 30.9%.
Frequently Asked Questions about Fort Ransom Housing Authority Inc
Is Fort Ransom Housing Authority Inc a legitimate charity?
Fort Ransom Housing Authority Inc (EIN: 450382958) is a registered tax-exempt nonprofit based in North Dakota. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Fort Ransom Housing Authority Inc spend its money?
Fort Ransom Housing Authority Inc reported its financials in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fort Ransom Housing Authority Inc tax-deductible?
Fort Ransom Housing Authority Inc is registered as a tax-exempt nonprofit (EIN: 450382958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fort Ransom Housing Authority Inc located?
Fort Ransom Housing Authority Inc is headquartered in Fort Ransom, North Dakota and files with the IRS under EIN 450382958.
How many years of IRS 990 filings does Fort Ransom Housing Authority Inc have?
Fort Ransom Housing Authority Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Fort Ransom Housing Authority Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Fort Ransom Housing Authority Inc's revenue has declined by 94.5%, moving from $8K to $461. Total assets increased by 8.8% over the same period, from $278K to $303K. The organization holds $94K in liabilities against $303K in assets (debt-to-asset ratio: 30.9%), resulting in net assets of $209K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $461 | $0 | $303K | $94K | — | View 990 |
| 2017 | $3K | $0 | $298K | $99K | — | View 990 |
| 2016 | $-3,611 | $0 | $296K | $104K | — | View 990 |
| 2015 | $8K | $0 | $300K | $110K | — | View 990 |
| 2014 | $4K | $0 | $292K | $115K | — | View 990 |
| 2013 | $3K | $0 | $288K | $121K | — | View 990 |
| 2012 | $6K | $0 | $284K | $126K | — | View 990 |
| 2011 | $8K | $0 | $278K | $131K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $461, expenses of $0, and assets of $303K (revenue -81.7% year-over-year).
- 2017: Revenue of $3K, expenses of $0, and assets of $298K.
- 2016: Revenue of $-3,611, expenses of $0, and assets of $296K (revenue -144.7% year-over-year).
- 2015: Revenue of $8K, expenses of $0, and assets of $300K (revenue +100.2% year-over-year).
- 2014: Revenue of $4K, expenses of $0, and assets of $292K (revenue +37.5% year-over-year).
- 2013: Revenue of $3K, expenses of $0, and assets of $288K (revenue -46.8% year-over-year).
- 2012: Revenue of $6K, expenses of $0, and assets of $284K (revenue -34.2% year-over-year).
- 2011: Revenue of $8K, expenses of $0, and assets of $278K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Ransom Housing Authority Inc:
Data Sources and Methodology
This transparency report for Fort Ransom Housing Authority 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.