Housing Trust Fund Of Johnson County
Housing Trust Fund Of Johnson County consistently grows assets with zero reported officer compensation.
EIN: 10764462 · Iowa City, IA · NTEE: L80 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $953K |
| Program Spending | 90% |
| Net Assets | $9.1M |
| Transparency Score | 95/100 |
Is Housing Trust Fund Of Johnson County Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Housing Trust Fund Of Johnson County directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Housing Trust Fund Of Johnson County
Housing Trust Fund Of Johnson County (EIN: 10764462) is a nonprofit organization based in Iowa City, IA, classified under NTEE code L80. The organization reported total revenue of $2.4M and total assets of $10.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Housing Trust Fund Of Johnson County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Housing Trust Fund Of Johnson County is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $953K |
| Surplus / Deficit | +$1.4M |
| Total Assets | $9.3M |
| Total Liabilities | $208K |
| Net Assets | $9.1M |
| Operating Margin | 58.8% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 117.6 months |
Financial Health Grade: A
In 2023, Housing Trust Fund Of Johnson County reported a surplus of $1.4M with revenue exceeding expenses, holds 117.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Housing Trust Fund Of Johnson County's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.6% | +110.7% | -8.2% |
| 2022 | +3.1% | +65.8% | +12.1% |
| 2021 | -7.5% | -40.9% | +16.8% |
| 2020 | +1.9% | +121.1% | +18.3% |
| 2019 | +8.6% | -29.0% | +27.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Housing Trust Fund Of Johnson County with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Housing Trust Fund Of Johnson County allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable for directing funds to programs.
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.
Strengths
The following positive indicators were identified for Housing Trust Fund Of Johnson County:
- Consistent asset growth, from $2.3M in 2014 to over $10.7M currently.
- Zero reported officer compensation across all filings, indicating high dedication to mission.
- Strong revenue growth over the past decade, demonstrating increasing support.
- Low expense ratio relative to revenue, suggesting efficient use of funds.
- Consistent IRS 990 filing history (13 filings), indicating strong transparency.
Frequently Asked Questions about Housing Trust Fund Of Johnson County
Is Housing Trust Fund Of Johnson County a legitimate charity?
Based on AI analysis of IRS 990 filings, Housing Trust Fund Of Johnson County (EIN: 10764462) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Housing Trust Fund Of Johnson County spend its money?
Housing Trust Fund Of Johnson County directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Housing Trust Fund Of Johnson County tax-deductible?
Housing Trust Fund Of Johnson County is registered as a tax-exempt nonprofit (EIN: 10764462). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Housing Trust Fund Of Johnson County's spending goes to programs?
Housing Trust Fund Of Johnson County directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Housing Trust Fund Of Johnson County compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Housing Trust Fund Of Johnson County is above average for NTEE category L80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Housing Trust Fund Of Johnson County located?
Housing Trust Fund Of Johnson County is headquartered in Iowa City, Iowa and files with the IRS under EIN 10764462. It is classified under NTEE code L80.
How many years of IRS 990 filings does Housing Trust Fund Of Johnson County have?
Housing Trust Fund Of Johnson County 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 $2.4M in total revenue.
Is Housing Trust Fund Of Johnson County a good charity?
Based on its financial data, the Housing Trust Fund Of Johnson County appears to be a very good charity. It consistently grows its assets, maintains low expenses relative to revenue, and reports zero officer compensation, indicating a strong commitment to its mission.
How does Housing Trust Fund Of Johnson County manage its assets?
The organization has demonstrated excellent asset management, with total assets growing from $2,347,067 in 201406 to $10,768,224 in the latest period, indicating long-term financial stability and capacity for impact.
What is the trend in Housing Trust Fund Of Johnson County's revenue?
The organization's revenue has shown a strong upward trend, increasing from $319,513 in 201406 to $2,378,331 in the latest period, reflecting growing support and capacity.
How efficient is Housing Trust Fund Of Johnson County's spending?
Spending efficiency is high, with expenses consistently much lower than revenue. For example, in 202306, expenses were $952,652 against $2,311,374 in revenue, suggesting a significant portion of funds are directly applied to programs or retained for future initiatives.
Filing History
IRS 990 filing history for Housing Trust Fund Of Johnson County showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Housing Trust Fund Of Johnson County's revenue has grown by 289.6%, moving from $593K to $2.3M. Total assets increased by 444% over the same period, from $1.7M to $9.3M. Total functional expenses rose by 147.6%, from $385K to $953K. In its most recent filing year (2023), Housing Trust Fund Of Johnson County reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $208K in liabilities against $9.3M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $9.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $953K | $9.3M | $208K | — | — |
| 2022 | $1.6M | $452K | $10.2M | $9K | — | View 990 |
| 2021 | $1.5M | $273K | $9.1M | $13K | — | View 990 |
| 2020 | $1.7M | $461K | $7.8M | $17K | — | View 990 |
| 2019 | $1.6M | $209K | $6.6M | $21K | — | View 990 |
| 2018 | $1.5M | $294K | $5.1M | $31K | — | View 990 |
| 2017 | $1.7M | $288K | $3.9M | $35K | — | View 990 |
| 2016 | $564K | $396K | $2.6M | $43K | — | View 990 |
| 2015 | $370K | $332K | $2.4M | $43K | — | View 990 |
| 2014 | $320K | $141K | $2.3M | $45K | — | View 990 |
| 2013 | $337K | $227K | $2.2M | $45K | — | View 990 |
| 2012 | $512K | $190K | $2.1M | $45K | — | View 990 |
| 2011 | $593K | $385K | $1.7M | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $953K, and assets of $9.3M (revenue +45.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $452K, and assets of $10.2M (revenue +3.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $273K, and assets of $9.1M (revenue -7.5% year-over-year).
- 2020: Revenue of $1.7M, expenses of $461K, and assets of $7.8M (revenue +1.9% year-over-year).
- 2019: Revenue of $1.6M, expenses of $209K, and assets of $6.6M (revenue +8.6% year-over-year).
- 2018: Revenue of $1.5M, expenses of $294K, and assets of $5.1M (revenue -9.0% year-over-year).
- 2017: Revenue of $1.7M, expenses of $288K, and assets of $3.9M (revenue +193.1% year-over-year).
- 2016: Revenue of $564K, expenses of $396K, and assets of $2.6M (revenue +52.3% year-over-year).
- 2015: Revenue of $370K, expenses of $332K, and assets of $2.4M (revenue +15.8% year-over-year).
- 2014: Revenue of $320K, expenses of $141K, and assets of $2.3M (revenue -5.1% year-over-year).
- 2013: Revenue of $337K, expenses of $227K, and assets of $2.2M (revenue -34.3% year-over-year).
- 2012: Revenue of $512K, expenses of $190K, and assets of $2.1M (revenue -13.7% year-over-year).
- 2011: Revenue of $593K, expenses of $385K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Housing Trust Fund Of Johnson County:
Data Sources and Methodology
This transparency report for Housing Trust Fund Of Johnson County 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.