Guildfield Housing Development Corporation
EIN: 541195325 · Dry Fork, VA
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $183K |
| Net Assets | $281K |
Is Guildfield Housing Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Guildfield Housing Development Corporation
Guildfield Housing Development Corporation (EIN: 541195325) is a nonprofit organization based in Dry Fork, VA. The organization reported total revenue of $264K and total assets of $583K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Guildfield Housing Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Guildfield Housing Development Corporation is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $183K |
| Surplus / Deficit | +$48K |
| Total Assets | $556K |
| Total Liabilities | $275K |
| Net Assets | $281K |
| Operating Margin | 20.9% |
| Debt-to-Asset Ratio | 49.5% |
| Months of Reserves | 36.5 months |
Financial Health Grade: A
In 2023, Guildfield Housing Development Corporation reported a surplus of $48K with revenue exceeding expenses, holds 36.5 months of operating reserves (strong position), has a debt-to-asset ratio of 49.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Guildfield Housing Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | -2.5% | +3.2% |
| 2022 | +0.2% | +22.3% | +3.0% |
| 2021 | +9.0% | -24.2% | +7.7% |
| 2020 | +4.0% | +6.6% | -1.4% |
| 2019 | +0.1% | +3.7% | -3.0% |
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 Guildfield Housing Development 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 Guildfield Housing Development 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 $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.5%.
Frequently Asked Questions about Guildfield Housing Development Corporation
Is Guildfield Housing Development Corporation a legitimate charity?
Guildfield Housing Development Corporation (EIN: 541195325) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $264K. No red flags identified. Financial health grade: A.
How does Guildfield Housing Development Corporation spend its money?
Guildfield Housing Development Corporation reported $264K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Guildfield Housing Development Corporation tax-deductible?
Guildfield Housing Development Corporation is registered as a tax-exempt nonprofit (EIN: 541195325). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Guildfield Housing Development Corporation located?
Guildfield Housing Development Corporation is headquartered in Dry Fork, Virginia and files with the IRS under EIN 541195325.
How many years of IRS 990 filings does Guildfield Housing Development Corporation have?
Guildfield Housing Development Corporation 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 $264K in total revenue.
Filing History
IRS 990 filing history for Guildfield Housing Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Guildfield Housing Development Corporation's revenue has grown by 32.9%, moving from $174K to $231K. Total assets increased by 13.6% over the same period, from $490K to $556K. Total functional expenses rose by 13.1%, from $162K to $183K. In its most recent filing year (2023), Guildfield Housing Development Corporation reported a surplus of $48K, with revenue exceeding expenses. The organization holds $275K in liabilities against $556K in assets (debt-to-asset ratio: 49.5%), resulting in net assets of $281K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $231K | $183K | $556K | $275K | — | — |
| 2022 | $222K | $187K | $539K | $306K | — | View 990 |
| 2021 | $222K | $153K | $523K | $325K | — | View 990 |
| 2020 | $203K | $202K | $486K | $356K | — | — |
| 2019 | $195K | $190K | $493K | $364K | — | View 990 |
| 2018 | $195K | $183K | $508K | $385K | — | View 990 |
| 2017 | $194K | $175K | $516K | $405K | — | View 990 |
| 2016 | $195K | $198K | $518K | $427K | — | View 990 |
| 2015 | $191K | $175K | $543K | $450K | — | View 990 |
| 2014 | $284K | $187K | $549K | $471K | — | View 990 |
| 2013 | $181K | $166K | $476K | $494K | — | View 990 |
| 2012 | $176K | $165K | $479K | $512K | — | View 990 |
| 2011 | $174K | $162K | $490K | $534K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $231K, expenses of $183K, and assets of $556K (revenue +3.9% year-over-year).
- 2022: Revenue of $222K, expenses of $187K, and assets of $539K (revenue +0.2% year-over-year).
- 2021: Revenue of $222K, expenses of $153K, and assets of $523K (revenue +9.0% year-over-year).
- 2020: Revenue of $203K, expenses of $202K, and assets of $486K (revenue +4.0% year-over-year).
- 2019: Revenue of $195K, expenses of $190K, and assets of $493K (revenue +0.1% year-over-year).
- 2018: Revenue of $195K, expenses of $183K, and assets of $508K (revenue +0.5% year-over-year).
- 2017: Revenue of $194K, expenses of $175K, and assets of $516K (revenue -0.4% year-over-year).
- 2016: Revenue of $195K, expenses of $198K, and assets of $518K (revenue +2.2% year-over-year).
- 2015: Revenue of $191K, expenses of $175K, and assets of $543K (revenue -32.7% year-over-year).
- 2014: Revenue of $284K, expenses of $187K, and assets of $549K (revenue +56.3% year-over-year).
- 2013: Revenue of $181K, expenses of $166K, and assets of $476K (revenue +2.9% year-over-year).
- 2012: Revenue of $176K, expenses of $165K, and assets of $479K (revenue +1.4% year-over-year).
- 2011: Revenue of $174K, expenses of $162K, and assets of $490K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Guildfield Housing Development Corporation:
Data Sources and Methodology
This transparency report for Guildfield Housing Development 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.