Healthy Housing Omaha
Healthy Housing Omaha faces financial challenges with recent deficits and growing liabilities despite historical revenue peaks.
EIN: 205085175 · Omaha, NE · NTEE: C20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $689K |
| Total Expenses | $521K |
| Program Spending | 85% |
| Net Assets | $-57,297 |
| Transparency Score | 65/100 |
Is Healthy Housing Omaha Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Healthy Housing Omaha directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Healthy Housing Omaha
Healthy Housing Omaha (EIN: 205085175) is a nonprofit organization based in Omaha, NE, classified under NTEE code C20. The organization reported total revenue of $689K and total assets of $712K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healthy Housing Omaha's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Healthy Housing Omaha is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -14.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $332K |
| Total Expenses | $521K |
| Surplus / Deficit | $-188,445 |
| Total Assets | $827K |
| Total Liabilities | $884K |
| Net Assets | $-57,297 |
| Operating Margin | -56.7% |
| Debt-to-Asset Ratio | 106.9% |
| Months of Reserves | 19.1 months |
Financial Health Grade: C
In 2023, Healthy Housing Omaha reported a deficit of $188K with expenses exceeding revenue, holds 19.1 months of operating reserves (strong position), has a debt-to-asset ratio of 106.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Healthy Housing Omaha's revenue has declined at a compound annual growth rate (CAGR) of -14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.5% | -51.0% | +286.1% |
| 2022 | -53.8% | -13.4% | -71.5% |
| 2021 | +16.6% | +12.2% | +3.6% |
| 2020 | -6.8% | +8.0% | +6.0% |
| 2019 | -5.1% | -24.4% | +29.7% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Healthy Housing Omaha with a Mission Score of 65 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
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Healthy Housing Omaha allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $188K, with expenses exceeding revenue.
- Debt-to-asset ratio: 106.9%.
Executive Compensation Analysis
Healthy Housing Omaha consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual for an organization of its size and operational history.
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 Healthy Housing Omaha's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., 2023: $520,859 expenses vs. $332,414 revenue; 2022: $1,062,532 expenses vs. $578,370 revenue).
- Significant increase in liabilities in 2023 to $884,409, surpassing total assets of $827,112.
- Highly volatile revenue streams and asset levels over the past decade, indicating potential instability in funding or operations.
Strengths
The following positive indicators were identified for Healthy Housing Omaha:
- Consistent reporting of 0% officer compensation across all filings, indicating a strong commitment to directing funds away from executive salaries.
- Historical capacity to generate substantial revenue, with peaks over $1 million in multiple years (e.g., $1,706,322 in 2017, $1,253,022 in 2021).
Frequently Asked Questions about Healthy Housing Omaha
Is Healthy Housing Omaha a legitimate charity?
Based on AI analysis of IRS 990 filings, Healthy Housing Omaha (EIN: 205085175) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Healthy Housing Omaha spend its money?
Healthy Housing Omaha directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Healthy Housing Omaha tax-deductible?
Healthy Housing Omaha is registered as a tax-exempt nonprofit (EIN: 205085175). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Healthy Housing Omaha's spending goes to programs?
Healthy Housing Omaha directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Healthy Housing Omaha compare to similar nonprofits?
With a transparency score of 65/100 (Good), Healthy Housing Omaha is above average for NTEE category C20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Healthy Housing Omaha located?
Healthy Housing Omaha is headquartered in Omaha, Nebraska and files with the IRS under EIN 205085175. It is classified under NTEE code C20.
How many years of IRS 990 filings does Healthy Housing Omaha have?
Healthy Housing Omaha 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 $689K in total revenue.
Is Healthy Housing Omaha a good charity?
Healthy Housing Omaha demonstrates a commitment to its mission by reporting 0% officer compensation, suggesting resources are directed towards programs. However, recent financial performance, with expenses exceeding revenue in 2023 ($520,859 vs. $332,414) and 2022 ($1,062,532 vs. $578,370), and a significant increase in liabilities in 2023 ($884,409), indicates financial instability that could impact its long-term effectiveness.
What caused the significant increase in liabilities in 2023?
In 2023, Healthy Housing Omaha's liabilities surged to $884,409 from $94,138 in 2022. This substantial increase, which now exceeds the organization's assets of $827,112, warrants further investigation into the nature of these liabilities and their potential impact on the organization's solvency.
How sustainable is Healthy Housing Omaha's current financial model?
The current financial model appears unsustainable given the consistent trend of expenses exceeding revenue in recent years, notably in 2023 (expenses $520,859, revenue $332,414) and 2022 (expenses $1,062,532, revenue $578,370). This indicates the organization is operating at a deficit, drawing down reserves or incurring debt, which is further evidenced by the significant increase in liabilities in 2023.
Filing History
IRS 990 filing history for Healthy Housing Omaha showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Healthy Housing Omaha's revenue has declined by 84.5%, moving from $2.2M to $332K. Total assets decreased by 73.2% over the same period, from $3.1M to $827K. Total functional expenses rose by 12.5%, from $463K to $521K. In its most recent filing year (2023), Healthy Housing Omaha reported a deficit of $188K, with expenses exceeding revenue. The organization holds $884K in liabilities against $827K in assets (debt-to-asset ratio: 106.9%), resulting in net assets of $-57,297.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $332K | $521K | $827K | $884K | — | — |
| 2022 | $578K | $1.1M | $214K | $94K | — | View 990 |
| 2021 | $1.3M | $1.2M | $753K | $160K | — | View 990 |
| 2020 | $1.1M | $1.1M | $726K | $159K | — | — |
| 2019 | $1.2M | $1.0M | $685K | $99K | — | View 990 |
| 2018 | $1.2M | $1.3M | $528K | $83K | — | View 990 |
| 2017 | $1.7M | $1.4M | $643K | $73K | — | View 990 |
| 2016 | $653K | $1.1M | $348K | $73K | — | View 990 |
| 2015 | $388K | $942K | $806K | $74K | — | View 990 |
| 2014 | $220K | $774K | $1.3M | $32K | — | View 990 |
| 2013 | $241K | $707K | $1.9M | $21K | — | View 990 |
| 2012 | $793K | $557K | $2.8M | $525K | — | View 990 |
| 2011 | $2.2M | $463K | $3.1M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $332K, expenses of $521K, and assets of $827K (revenue -42.5% year-over-year).
- 2022: Revenue of $578K, expenses of $1.1M, and assets of $214K (revenue -53.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.2M, and assets of $753K (revenue +16.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $726K (revenue -6.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.0M, and assets of $685K (revenue -5.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $528K (revenue -28.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.4M, and assets of $643K (revenue +161.2% year-over-year).
- 2016: Revenue of $653K, expenses of $1.1M, and assets of $348K (revenue +68.2% year-over-year).
- 2015: Revenue of $388K, expenses of $942K, and assets of $806K (revenue +76.5% year-over-year).
- 2014: Revenue of $220K, expenses of $774K, and assets of $1.3M (revenue -8.6% year-over-year).
- 2013: Revenue of $241K, expenses of $707K, and assets of $1.9M (revenue -69.6% year-over-year).
- 2012: Revenue of $793K, expenses of $557K, and assets of $2.8M (revenue -63.2% year-over-year).
- 2011: Revenue of $2.2M, expenses of $463K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Healthy Housing Omaha:
Data Sources and Methodology
This transparency report for Healthy Housing Omaha 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.