Hughes Neighborhood Housing Inc
EIN: 521856041 · Wheaton, MD
| Metric | Value |
|---|---|
| Total Revenue | $336K |
| Total Expenses | $394K |
| Net Assets | $-1,152,543 |
Is Hughes Neighborhood Housing Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hughes Neighborhood Housing Inc
Hughes Neighborhood Housing Inc (EIN: 521856041) is a nonprofit organization based in Wheaton, MD. The organization reported total revenue of $336K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hughes Neighborhood Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hughes Neighborhood Housing Inc is a small nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $319K |
| Total Expenses | $394K |
| Surplus / Deficit | $-75,123 |
| Total Assets | $2.9M |
| Total Liabilities | $4.0M |
| Net Assets | $-1,152,543 |
| Operating Margin | -23.6% |
| Debt-to-Asset Ratio | 140.0% |
| Months of Reserves | 87.7 months |
Financial Health Grade: C
In 2023, Hughes Neighborhood Housing Inc reported a deficit of $75K with expenses exceeding revenue, holds 87.7 months of operating reserves (strong position), has a debt-to-asset ratio of 140.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Hughes Neighborhood Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.1% | +1.6% | +5.3% |
| 2022 | +8.1% | +4.5% | -3.5% |
| 2021 | -6.1% | +6.6% | -3.7% |
| 2020 | +0.1% | +7.9% | +3.9% |
| 2019 | +3.1% | +5.7% | +121.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hughes Neighborhood Housing Inc 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 Hughes Neighborhood Housing Inc 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 $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 140.0%.
Frequently Asked Questions about Hughes Neighborhood Housing Inc
Is Hughes Neighborhood Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hughes Neighborhood Housing Inc (EIN: 521856041) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hughes Neighborhood Housing Inc spend its money?
Detailed spending breakdown data is not yet available for Hughes Neighborhood Housing Inc. Check back for updated IRS 990 analysis.
Are donations to Hughes Neighborhood Housing Inc tax-deductible?
Hughes Neighborhood Housing Inc is registered as a tax-exempt nonprofit (EIN: 521856041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hughes Neighborhood Housing Inc located?
Hughes Neighborhood Housing Inc is headquartered in Wheaton, Maryland and files with the IRS under EIN 521856041.
How many years of IRS 990 filings does Hughes Neighborhood Housing Inc have?
Hughes Neighborhood Housing Inc 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 $336K in total revenue.
Filing History
IRS 990 filing history for Hughes Neighborhood Housing Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Hughes Neighborhood Housing Inc's revenue has grown by 37%, moving from $233K to $319K. Total assets increased by 113.9% over the same period, from $1.3M to $2.9M. Total functional expenses rose by 47.2%, from $268K to $394K. In its most recent filing year (2023), Hughes Neighborhood Housing Inc reported a deficit of $75K, with expenses exceeding revenue. The organization holds $4.0M in liabilities against $2.9M in assets (debt-to-asset ratio: 140.0%), resulting in net assets of $-1,152,543.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $319K | $394K | $2.9M | $4.0M | — | View 990 |
| 2022 | $290K | $388K | $2.7M | $3.8M | — | View 990 |
| 2021 | $268K | $371K | $2.8M | $3.8M | — | — |
| 2020 | $285K | $348K | $2.9M | $3.8M | — | View 990 |
| 2019 | $285K | $323K | $2.8M | $3.6M | — | View 990 |
| 2018 | $277K | $305K | $1.3M | $2.1M | — | View 990 |
| 2017 | $276K | $301K | $1.1M | $1.9M | — | View 990 |
| 2016 | $241K | $293K | $1.1M | $1.9M | — | View 990 |
| 2015 | $241K | $319K | $1.2M | $1.9M | — | View 990 |
| 2014 | $241K | $294K | $1.2M | $1.8M | — | View 990 |
| 2013 | $241K | $288K | $1.3M | $1.8M | — | View 990 |
| 2012 | $233K | $268K | $1.3M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $319K, expenses of $394K, and assets of $2.9M (revenue +10.1% year-over-year).
- 2022: Revenue of $290K, expenses of $388K, and assets of $2.7M (revenue +8.1% year-over-year).
- 2021: Revenue of $268K, expenses of $371K, and assets of $2.8M (revenue -6.1% year-over-year).
- 2020: Revenue of $285K, expenses of $348K, and assets of $2.9M (revenue +0.1% year-over-year).
- 2019: Revenue of $285K, expenses of $323K, and assets of $2.8M (revenue +3.1% year-over-year).
- 2018: Revenue of $277K, expenses of $305K, and assets of $1.3M (revenue +0.3% year-over-year).
- 2017: Revenue of $276K, expenses of $301K, and assets of $1.1M (revenue +14.5% year-over-year).
- 2016: Revenue of $241K, expenses of $293K, and assets of $1.1M (revenue -0.2% year-over-year).
- 2015: Revenue of $241K, expenses of $319K, and assets of $1.2M (revenue +0.2% year-over-year).
- 2014: Revenue of $241K, expenses of $294K, and assets of $1.2M (revenue -0.2% year-over-year).
- 2013: Revenue of $241K, expenses of $288K, and assets of $1.3M (revenue +3.6% year-over-year).
- 2012: Revenue of $233K, expenses of $268K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hughes Neighborhood Housing Inc:
Data Sources and Methodology
This transparency report for Hughes Neighborhood Housing Inc 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.