Housing Services Mid Michigan
EIN: 383245099 · Charlotte, MI · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $5.6M |
| Net Assets | $854K |
Is Housing Services Mid Michigan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Housing Services Mid Michigan
Housing Services Mid Michigan (EIN: 383245099) is a nonprofit organization based in Charlotte, MI, classified under NTEE code L80. The organization reported total revenue of $3.8M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Housing Services Mid Michigan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Housing Services Mid Michigan is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $5.6M |
| Surplus / Deficit | $-875,089 |
| Total Assets | $1.1M |
| Total Liabilities | $218K |
| Net Assets | $854K |
| Operating Margin | -18.6% |
| Debt-to-Asset Ratio | 20.4% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, Housing Services Mid Michigan reported a deficit of $875K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 20.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Housing Services Mid Michigan's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.4% | -61.5% | -46.8% |
| 2022 | +192.2% | +196.4% | -4.2% |
| 2021 | +106.5% | +104.1% | +104.1% |
| 2020 | +18.2% | +24.0% | +25.1% |
| 2019 | +10.6% | +6.1% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Housing Services Mid Michigan 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 Housing Services Mid Michigan 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 $875K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.4%.
Frequently Asked Questions about Housing Services Mid Michigan
Is Housing Services Mid Michigan a legitimate charity?
Based on AI analysis of IRS 990 filings, Housing Services Mid Michigan (EIN: 383245099) insufficient data. 0 red flags identified, 0 strengths noted.
How does Housing Services Mid Michigan spend its money?
Detailed spending breakdown data is not yet available for Housing Services Mid Michigan. Check back for updated IRS 990 analysis.
Are donations to Housing Services Mid Michigan tax-deductible?
Housing Services Mid Michigan is registered as a tax-exempt nonprofit (EIN: 383245099). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Housing Services Mid Michigan located?
Housing Services Mid Michigan is headquartered in Charlotte, Michigan and files with the IRS under EIN 383245099. It is classified under NTEE code L80.
How many years of IRS 990 filings does Housing Services Mid Michigan have?
Housing Services Mid Michigan 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 $3.8M in total revenue.
Filing History
IRS 990 filing history for Housing Services Mid Michigan showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Housing Services Mid Michigan's revenue has grown by 193.6%, moving from $1.6M to $4.7M. Total assets increased by 124.3% over the same period, from $478K to $1.1M. Total functional expenses rose by 244.2%, from $1.6M to $5.6M. In its most recent filing year (2023), Housing Services Mid Michigan reported a deficit of $875K, with expenses exceeding revenue. The organization holds $218K in liabilities against $1.1M in assets (debt-to-asset ratio: 20.4%), resulting in net assets of $854K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $5.6M | $1.1M | $218K | — | View 990 |
| 2022 | $14.4M | $14.5M | $2.0M | $239K | — | View 990 |
| 2021 | $4.9M | $4.9M | $2.1M | $1.4M | — | View 990 |
| 2020 | $2.4M | $2.4M | $1.0M | $467K | — | View 990 |
| 2019 | $2.0M | $1.9M | $823K | $282K | — | View 990 |
| 2018 | $1.8M | $1.8M | $717K | $267K | — | View 990 |
| 2017 | $1.9M | $1.9M | $664K | $347K | — | View 990 |
| 2016 | $1.7M | $1.6M | $697K | $398K | — | View 990 |
| 2015 | $1.7M | $1.7M | $736K | $461K | — | View 990 |
| 2014 | $1.7M | $1.7M | $753K | $493K | — | View 990 |
| 2013 | $1.6M | $1.6M | $587K | $371K | — | View 990 |
| 2012 | $1.5M | $1.5M | $500K | $297K | — | View 990 |
| 2011 | $1.6M | $1.6M | $478K | $293K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $5.6M, and assets of $1.1M (revenue -67.4% year-over-year).
- 2022: Revenue of $14.4M, expenses of $14.5M, and assets of $2.0M (revenue +192.2% year-over-year).
- 2021: Revenue of $4.9M, expenses of $4.9M, and assets of $2.1M (revenue +106.5% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.4M, and assets of $1.0M (revenue +18.2% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.9M, and assets of $823K (revenue +10.6% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $717K (revenue -4.1% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $664K (revenue +14.1% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $697K (revenue +0.0% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $736K (revenue -3.0% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $753K (revenue +8.9% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $587K (revenue +5.4% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $500K (revenue -6.2% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $478K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Housing Services Mid Michigan:
Data Sources and Methodology
This transparency report for Housing Services Mid Michigan 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.