Garwyn Oaks Northwest Housing Resource Center Inc
EIN: 651302144 · Baltimore, MD · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $536K |
| Total Expenses | $390K |
| Net Assets | $300K |
Is Garwyn Oaks Northwest Housing Resource Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Garwyn Oaks Northwest Housing Resource Center Inc
Garwyn Oaks Northwest Housing Resource Center Inc (EIN: 651302144) is a nonprofit organization based in Baltimore, MD, classified under NTEE code L80. The organization reported total revenue of $536K and total assets of $452K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Garwyn Oaks Northwest Housing Resource Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Garwyn Oaks Northwest Housing Resource Center Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $525K |
| Total Expenses | $390K |
| Surplus / Deficit | +$135K |
| Total Assets | $318K |
| Total Liabilities | $18K |
| Net Assets | $300K |
| Operating Margin | 25.8% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2023, Garwyn Oaks Northwest Housing Resource Center Inc reported a surplus of $135K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Garwyn Oaks Northwest Housing Resource Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.2% | +9.6% | +54.2% |
| 2022 | +43.5% | +19.4% | +44.1% |
| 2021 | -29.6% | -5.5% | -17.7% |
| 2020 | +78.8% | +17.6% | +401.5% |
| 2019 | -6.9% | +9.3% | -34.7% |
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 Analysis Pending
AI enrichment for Garwyn Oaks Northwest Housing Resource Center 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 Garwyn Oaks Northwest Housing Resource Center 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:
- The organization reported a surplus of $135K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.7%.
Frequently Asked Questions about Garwyn Oaks Northwest Housing Resource Center Inc
Is Garwyn Oaks Northwest Housing Resource Center Inc a legitimate charity?
Garwyn Oaks Northwest Housing Resource Center Inc (EIN: 651302144) is a registered tax-exempt nonprofit based in Maryland. It has 12 years of IRS 990 filings on record. Total revenue: $536K. No red flags identified. Financial health grade: A.
How does Garwyn Oaks Northwest Housing Resource Center Inc spend its money?
Garwyn Oaks Northwest Housing Resource Center Inc reported $536K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Garwyn Oaks Northwest Housing Resource Center Inc tax-deductible?
Garwyn Oaks Northwest Housing Resource Center Inc is registered as a tax-exempt nonprofit (EIN: 651302144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Garwyn Oaks Northwest Housing Resource Center Inc located?
Garwyn Oaks Northwest Housing Resource Center Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 651302144. It is classified under NTEE code L80.
How many years of IRS 990 filings does Garwyn Oaks Northwest Housing Resource Center Inc have?
Garwyn Oaks Northwest Housing Resource Center Inc has 12 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 $536K in total revenue.
Filing History
IRS 990 filing history for Garwyn Oaks Northwest Housing Resource Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Garwyn Oaks Northwest Housing Resource Center Inc's revenue has grown by 119.1%, moving from $240K to $525K. Total assets increased by 116.4% over the same period, from $147K to $318K. Total functional expenses rose by 74.3%, from $224K to $390K. In its most recent filing year (2023), Garwyn Oaks Northwest Housing Resource Center Inc reported a surplus of $135K, with revenue exceeding expenses. The organization holds $18K in liabilities against $318K in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $300K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $525K | $390K | $318K | $18K | — | — |
| 2022 | $419K | $356K | $206K | $27K | — | View 990 |
| 2021 | $292K | $298K | $143K | $48K | — | View 990 |
| 2020 | $415K | $315K | $174K | $51K | — | — |
| 2019 | $232K | $268K | $35K | $12K | — | View 990 |
| 2018 | $249K | $245K | $53K | $0 | — | View 990 |
| 2017 | $235K | $253K | $59K | $10K | — | View 990 |
| 2016 | $356K | $357K | $82K | $9K | — | View 990 |
| 2015 | $288K | $331K | $84K | $10K | — | View 990 |
| 2014 | $354K | $332K | $135K | $19K | — | View 990 |
| 2013 | $249K | $282K | $117K | $24K | — | View 990 |
| 2012 | $240K | $224K | $147K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $525K, expenses of $390K, and assets of $318K (revenue +25.2% year-over-year).
- 2022: Revenue of $419K, expenses of $356K, and assets of $206K (revenue +43.5% year-over-year).
- 2021: Revenue of $292K, expenses of $298K, and assets of $143K (revenue -29.6% year-over-year).
- 2020: Revenue of $415K, expenses of $315K, and assets of $174K (revenue +78.8% year-over-year).
- 2019: Revenue of $232K, expenses of $268K, and assets of $35K (revenue -6.9% year-over-year).
- 2018: Revenue of $249K, expenses of $245K, and assets of $53K (revenue +6.1% year-over-year).
- 2017: Revenue of $235K, expenses of $253K, and assets of $59K (revenue -33.9% year-over-year).
- 2016: Revenue of $356K, expenses of $357K, and assets of $82K (revenue +23.4% year-over-year).
- 2015: Revenue of $288K, expenses of $331K, and assets of $84K (revenue -18.7% year-over-year).
- 2014: Revenue of $354K, expenses of $332K, and assets of $135K (revenue +42.3% year-over-year).
- 2013: Revenue of $249K, expenses of $282K, and assets of $117K (revenue +3.8% year-over-year).
- 2012: Revenue of $240K, expenses of $224K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Garwyn Oaks Northwest Housing Resource Center Inc:
Data Sources and Methodology
This transparency report for Garwyn Oaks Northwest Housing Resource Center 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.