Good Sheperd Village Housing Corporation

Good Shepherd Village Housing Corporation consistently operates at a deficit, drawing down assets despite zero officer compensation.

EIN: 141987692 · Kirksville, MO · NTEE: L11 · Updated: 2026-03-28

$97KRevenue
$1.2MAssets
75/100Mission Score (Good)
L11

Is Good Sheperd Village Housing Corporation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Good Sheperd Village Housing Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Good Sheperd Village Housing Corporation

Good Sheperd Village Housing Corporation (EIN: 141987692) is a nonprofit organization based in Kirksville, MO, classified under NTEE code L11. The organization reported total revenue of $97K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Sheperd Village Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
MicroSize Classification
12Years of Filings
MixedRevenue Trajectory

Good Sheperd Village Housing Corporation is a micro nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.1%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$83K
Total Expenses$123K
Surplus / Deficit$-40,033
Total Assets$1.0M
Total Liabilities$23K
Net Assets$1.0M
Operating Margin-48.2%
Debt-to-Asset Ratio2.2%
Months of Reserves101.3 months

Financial Health Grade: B

In 2022, Good Sheperd Village Housing Corporation reported a deficit of $40K with expenses exceeding revenue, holds 101.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).

Financial Trends

Over 12 years of filings (2011–2022), Good Sheperd Village Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.

YearRevenue ChangeExpense ChangeAsset Change
2022+12.7%+9.8%-3.2%
2021-4.8%-0.6%-3.0%
2020-17.1%-1.9%-3.3%
2019+2.0%+4.5%-3.4%
2018+0.4%+4.5%-2.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Good Shepherd Village Housing Corporation appears to be a small, stable organization focused on providing housing, as indicated by its NTEE code L11. Over the past decade, its revenue has consistently been in the range of $70,000 to $97,000, while expenses have generally exceeded revenue, leading to a gradual decrease in assets from $1,309,588 in 2014 to $1,038,680 in 2022. For example, in 2022, the organization reported $83,030 in revenue against $123,063 in expenses, resulting in a deficit of over $40,000. This trend of operating at a deficit suggests that the organization is drawing down its reserves to cover operational costs. The organization demonstrates strong financial transparency through its consistent filing of IRS Form 990s over 12 periods. A notable strength is the complete absence of officer compensation reported across all available filings, indicating that leadership is likely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence regarding administrative overhead. However, the consistent operating deficits warrant closer examination to ensure long-term sustainability, despite the current healthy asset base of over $1 million.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Good Sheperd Village Housing Corporation 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

According to IRS 990 filings, Good Sheperd Village Housing Corporation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$83KTotal Revenue
$123KTotal Expenses
$1.0MTotal Assets
$23KTotal Liabilities
$1.0MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is highly favorable for minimizing administrative overhead.

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 Good Sheperd Village Housing Corporation's IRS 990 filings:

Strengths

The following positive indicators were identified for Good Sheperd Village Housing Corporation:

Frequently Asked Questions about Good Sheperd Village Housing Corporation

Is Good Sheperd Village Housing Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Good Sheperd Village Housing Corporation (EIN: 141987692) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

How does Good Sheperd Village Housing Corporation spend its money?

Good Sheperd Village Housing Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Good Sheperd Village Housing Corporation tax-deductible?

Good Sheperd Village Housing Corporation is registered as a tax-exempt nonprofit (EIN: 141987692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Good Shepherd Village Housing Corporation a good charity?

Good Shepherd Village Housing Corporation appears to be a dedicated housing provider with a strong commitment to minimizing administrative costs, evidenced by zero officer compensation. However, its consistent operating deficits, where expenses exceed revenue (e.g., $123,063 expenses vs. $83,030 revenue in 2022), raise questions about its long-term financial sustainability, despite a healthy asset base.

How does the organization fund its operations given consistent deficits?

The organization consistently spends more than it earns, as seen in the 2022 period where expenses ($123,063) significantly outpaced revenue ($83,030). This suggests it is likely drawing down its accumulated assets, which have decreased from $1,309,588 in 2014 to $1,038,680 in 2022, to cover operational shortfalls.

What is the trend in the organization's assets and liabilities?

Assets have shown a declining trend over the past decade, from $1,309,588 in 2014 to $1,038,680 in 2022. Liabilities have generally remained low and stable, fluctuating between approximately $12,000 and $90,000, indicating good management of debt relative to assets.

Filing History

IRS 990 filing history for Good Sheperd Village Housing Corporation showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Good Sheperd Village Housing Corporation's revenue has grown by 56.1%, moving from $53K to $83K. Total assets decreased by 24.2% over the same period, from $1.4M to $1.0M. Total functional expenses rose by 10.8%, from $111K to $123K. In its most recent filing year (2022), Good Sheperd Village Housing Corporation reported a deficit of $40K, with expenses exceeding revenue. The organization holds $23K in liabilities against $1.0M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $1.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $83K $123K $1.0M $23K
2021 $74K $112K $1.1M $18K View 990
2020 $77K $113K $1.1M $13K
2019 $93K $115K $1.1M $15K View 990
2018 $92K $110K $1.2M $34K View 990
2017 $91K $105K $1.2M $40K View 990
2016 $72K $94K $1.2M $40K View 990
2015 $86K $101K $1.3M $91K View 990
2014 $88K $94K $1.3M $88K View 990
2013 $88K $115K $1.3M $62K View 990
2012 $53K $133K $1.3M $84K View 990
2011 $53K $111K $1.4M $35K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Good Sheperd Village 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.

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