Humeston Housing Association
EIN: 420949680 · Humeston, IA
| Metric | Value |
|---|---|
| Total Expenses | $90K |
| Net Assets | $47K |
Is Humeston Housing Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Humeston Housing Association
Humeston Housing Association (EIN: 420949680) is a nonprofit organization based in Humeston, IA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Humeston Housing Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Humeston Housing Association is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $90K |
| Surplus / Deficit | +$37K |
| Total Assets | $242K |
| Total Liabilities | $195K |
| Net Assets | $47K |
| Operating Margin | 29.3% |
| Debt-to-Asset Ratio | 80.6% |
| Months of Reserves | 32.1 months |
Financial Health Grade: A
In 2015, Humeston Housing Association reported a surplus of $37K with revenue exceeding expenses, holds 32.1 months of operating reserves (strong position), has a debt-to-asset ratio of 80.6% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Humeston Housing Association's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +3.7% | -30.5% | +7.1% |
| 2014 | +4.8% | +7.9% | -10.5% |
| 2013 | +4.3% | +1.4% | -7.4% |
| 2012 | +3.2% | +4.8% | -7.5% |
AI Analysis Pending
AI enrichment for Humeston Housing Association 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 Humeston Housing Association 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 80.6%.
Frequently Asked Questions about Humeston Housing Association
Is Humeston Housing Association a legitimate charity?
Humeston Housing Association (EIN: 420949680) is a registered tax-exempt nonprofit based in Iowa. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Humeston Housing Association spend its money?
Humeston Housing Association reported its financials in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Humeston Housing Association tax-deductible?
Humeston Housing Association is registered as a tax-exempt nonprofit (EIN: 420949680). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Humeston Housing Association located?
Humeston Housing Association is headquartered in Humeston, Iowa and files with the IRS under EIN 420949680.
How many years of IRS 990 filings does Humeston Housing Association have?
Humeston Housing Association has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Humeston Housing Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Humeston Housing Association's revenue has grown by 16.9%, moving from $109K to $128K. Total assets decreased by 18% over the same period, from $295K to $242K. Total functional expenses fell by 20.3%, from $114K to $90K. In its most recent filing year (2015), Humeston Housing Association reported a surplus of $37K, with revenue exceeding expenses. The organization holds $195K in liabilities against $242K in assets (debt-to-asset ratio: 80.6%), resulting in net assets of $47K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $128K | $90K | $242K | $195K | — | View 990 |
| 2014 | $123K | $130K | $226K | $217K | — | View 990 |
| 2013 | $118K | $121K | $253K | $236K | — | View 990 |
| 2012 | $113K | $119K | $273K | $254K | — | View 990 |
| 2011 | $109K | $114K | $295K | $270K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $128K, expenses of $90K, and assets of $242K (revenue +3.7% year-over-year).
- 2014: Revenue of $123K, expenses of $130K, and assets of $226K (revenue +4.8% year-over-year).
- 2013: Revenue of $118K, expenses of $121K, and assets of $253K (revenue +4.3% year-over-year).
- 2012: Revenue of $113K, expenses of $119K, and assets of $273K (revenue +3.2% year-over-year).
- 2011: Revenue of $109K, expenses of $114K, and assets of $295K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Humeston Housing Association:
Data Sources and Methodology
This transparency report for Humeston Housing Association 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.