Goodwin Plaza Housing Corporation
EIN: 311041777 · Indianapolis, IN · NTEE: L200
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Net Assets | $-1,653,581 |
Is Goodwin Plaza 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 Goodwin Plaza Housing Corporation
Goodwin Plaza Housing Corporation (EIN: 311041777) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code L200. The organization reported total revenue of $1.2M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goodwin Plaza Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goodwin Plaza Housing Corporation is a mid-size nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$56K |
| Total Assets | $1.6M |
| Total Liabilities | $3.2M |
| Net Assets | $-1,653,581 |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 206.6% |
| Months of Reserves | 17.1 months |
Financial Health Grade: A
In 2023, Goodwin Plaza Housing Corporation reported a surplus of $56K with revenue exceeding expenses, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 206.6% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Goodwin Plaza Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +3.4% | +0.6% |
| 2022 | +5.9% | +11.0% | -3.3% |
| 2021 | +3.7% | -15.3% | +4.0% |
| 2020 | -0.8% | +6.0% | -6.1% |
| 2019 | -0.8% | -18.2% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Goodwin Plaza 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 Goodwin Plaza 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 $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 206.6%.
Frequently Asked Questions about Goodwin Plaza Housing Corporation
Is Goodwin Plaza Housing Corporation a legitimate charity?
Goodwin Plaza Housing Corporation (EIN: 311041777) is a registered tax-exempt nonprofit based in Indiana. It has 12 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Goodwin Plaza Housing Corporation spend its money?
Goodwin Plaza Housing Corporation reported $1.2M 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 Goodwin Plaza Housing Corporation tax-deductible?
Goodwin Plaza Housing Corporation is registered as a tax-exempt nonprofit (EIN: 311041777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Goodwin Plaza Housing Corporation located?
Goodwin Plaza Housing Corporation is headquartered in Indianapolis, Indiana and files with the IRS under EIN 311041777. It is classified under NTEE code L200.
How many years of IRS 990 filings does Goodwin Plaza Housing Corporation have?
Goodwin Plaza Housing Corporation 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Goodwin Plaza Housing Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Goodwin Plaza Housing Corporation's revenue has grown by 18.8%, moving from $965K to $1.1M. Total assets decreased by 24.4% over the same period, from $2.1M to $1.6M. Total functional expenses rose by 14.6%, from $952K to $1.1M. In its most recent filing year (2023), Goodwin Plaza Housing Corporation reported a surplus of $56K, with revenue exceeding expenses. The organization holds $3.2M in liabilities against $1.6M in assets (debt-to-asset ratio: 206.6%), resulting in net assets of $-1,653,581.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $1.6M | $3.2M | — | View 990 |
| 2022 | $1.1M | $1.1M | $1.5M | $3.3M | — | View 990 |
| 2021 | $1.1M | $950K | $1.6M | $3.4M | — | View 990 |
| 2020 | $1.0M | $1.1M | $1.5M | $3.5M | — | View 990 |
| 2019 | $1.0M | $1.1M | $1.6M | $3.5M | — | View 990 |
| 2018 | $1.1M | $1.3M | $1.7M | $3.5M | — | View 990 |
| 2017 | $1.0M | $1.1M | $2.1M | $3.7M | — | View 990 |
| 2016 | $989K | $1.2M | $2.1M | $3.6M | — | View 990 |
| 2015 | $977K | $1.0M | $1.9M | $3.3M | — | View 990 |
| 2014 | $988K | $955K | $2.0M | $3.4M | — | View 990 |
| 2013 | $972K | $969K | $2.0M | $3.4M | — | View 990 |
| 2012 | $965K | $952K | $2.1M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $1.6M (revenue +0.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $1.5M (revenue +5.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $950K, and assets of $1.6M (revenue +3.7% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $1.5M (revenue -0.8% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.1M, and assets of $1.6M (revenue -0.8% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.3M, and assets of $1.7M (revenue +3.7% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $2.1M (revenue +3.1% year-over-year).
- 2016: Revenue of $989K, expenses of $1.2M, and assets of $2.1M (revenue +1.2% year-over-year).
- 2015: Revenue of $977K, expenses of $1.0M, and assets of $1.9M (revenue -1.1% year-over-year).
- 2014: Revenue of $988K, expenses of $955K, and assets of $2.0M (revenue +1.6% year-over-year).
- 2013: Revenue of $972K, expenses of $969K, and assets of $2.0M (revenue +0.7% year-over-year).
- 2012: Revenue of $965K, expenses of $952K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goodwin Plaza Housing Corporation:
Data Sources and Methodology
This transparency report for Goodwin Plaza 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.