Good Neighbors Housing Inc
EIN: 591750569 · Chattanooga, TN · NTEE: L22Z
| Metric | Value |
|---|---|
| Total Revenue | $901K |
| Total Expenses | $845K |
| Net Assets | $-908,269 |
Is Good Neighbors Housing Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Good Neighbors Housing Inc
Good Neighbors Housing Inc (EIN: 591750569) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code L22Z. The organization reported total revenue of $901K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Neighbors Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good Neighbors Housing Inc is a small nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $806K |
| Total Expenses | $845K |
| Surplus / Deficit | $-38,933 |
| Total Assets | $1.1M |
| Total Liabilities | $2.0M |
| Net Assets | $-908,269 |
| Operating Margin | -4.8% |
| Debt-to-Asset Ratio | 183.2% |
| Months of Reserves | 15.5 months |
Financial Health Grade: C
In 2023, Good Neighbors Housing Inc reported a deficit of $39K with expenses exceeding revenue, holds 15.5 months of operating reserves (strong position), has a debt-to-asset ratio of 183.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Good Neighbors Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.4% | +12.8% | -5.0% |
| 2022 | +4.4% | +4.3% | +5.9% |
| 2021 | -0.5% | -4.3% | +2.0% |
| 2020 | -0.7% | -1.4% | +0.7% |
| 2019 | +5.5% | +9.1% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Good Neighbors Housing 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 Good Neighbors Housing 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 deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 183.2%.
Frequently Asked Questions about Good Neighbors Housing Inc
Is Good Neighbors Housing Inc a legitimate charity?
Good Neighbors Housing Inc (EIN: 591750569) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $901K. No red flags identified. Financial health grade: C.
How does Good Neighbors Housing Inc spend its money?
Good Neighbors Housing Inc reported $901K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Good Neighbors Housing Inc tax-deductible?
Good Neighbors Housing Inc is registered as a tax-exempt nonprofit (EIN: 591750569). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Good Neighbors Housing Inc located?
Good Neighbors Housing Inc is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 591750569. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Good Neighbors Housing Inc have?
Good Neighbors Housing Inc 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 $901K in total revenue.
Filing History
IRS 990 filing history for Good Neighbors Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Good Neighbors Housing Inc's revenue has grown by 11.5%, moving from $723K to $806K. Total assets decreased by 9.2% over the same period, from $1.2M to $1.1M. Total functional expenses fell by 0.9%, from $853K to $845K. In its most recent filing year (2023), Good Neighbors Housing Inc reported a deficit of $39K, with expenses exceeding revenue. The organization holds $2.0M in liabilities against $1.1M in assets (debt-to-asset ratio: 183.2%), resulting in net assets of $-908,269.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $806K | $845K | $1.1M | $2.0M | — | View 990 |
| 2022 | $803K | $749K | $1.1M | $2.0M | — | — |
| 2021 | $769K | $718K | $1.1M | $2.0M | — | View 990 |
| 2020 | $773K | $750K | $1.1M | $2.0M | — | — |
| 2019 | $779K | $761K | $1.1M | $2.0M | — | View 990 |
| 2018 | $738K | $697K | $1.1M | $2.1M | — | View 990 |
| 2017 | $711K | $682K | $1.0M | $2.1M | — | — |
| 2016 | $717K | $678K | $1.0M | $2.1M | — | View 990 |
| 2015 | $688K | $677K | $986K | $2.1M | — | View 990 |
| 2014 | $696K | $716K | $981K | $2.1M | — | View 990 |
| 2013 | $709K | $746K | $986K | $2.1M | — | View 990 |
| 2012 | $725K | $770K | $1.1M | $2.2M | — | View 990 |
| 2011 | $723K | $853K | $1.2M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $806K, expenses of $845K, and assets of $1.1M (revenue +0.4% year-over-year).
- 2022: Revenue of $803K, expenses of $749K, and assets of $1.1M (revenue +4.4% year-over-year).
- 2021: Revenue of $769K, expenses of $718K, and assets of $1.1M (revenue -0.5% year-over-year).
- 2020: Revenue of $773K, expenses of $750K, and assets of $1.1M (revenue -0.7% year-over-year).
- 2019: Revenue of $779K, expenses of $761K, and assets of $1.1M (revenue +5.5% year-over-year).
- 2018: Revenue of $738K, expenses of $697K, and assets of $1.1M (revenue +3.8% year-over-year).
- 2017: Revenue of $711K, expenses of $682K, and assets of $1.0M (revenue -0.8% year-over-year).
- 2016: Revenue of $717K, expenses of $678K, and assets of $1.0M (revenue +4.2% year-over-year).
- 2015: Revenue of $688K, expenses of $677K, and assets of $986K (revenue -1.2% year-over-year).
- 2014: Revenue of $696K, expenses of $716K, and assets of $981K (revenue -1.8% year-over-year).
- 2013: Revenue of $709K, expenses of $746K, and assets of $986K (revenue -2.2% year-over-year).
- 2012: Revenue of $725K, expenses of $770K, and assets of $1.1M (revenue +0.2% year-over-year).
- 2011: Revenue of $723K, expenses of $853K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good Neighbors Housing Inc:
Data Sources and Methodology
This transparency report for Good Neighbors Housing 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.