Huron Housing Partnership Inc
EIN: 264739088 · Huron, SD · NTEE: L05
| Metric | Value |
|---|---|
| Total Expenses | $482 |
| Net Assets | $3K |
Is Huron Housing Partnership Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Huron Housing Partnership Inc
Huron Housing Partnership Inc (EIN: 264739088) is a nonprofit organization based in Huron, SD, classified under NTEE code L05. 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 Huron Housing Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huron Housing Partnership Inc is a micro nonprofit that has been operating for 17 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -42.8%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $482 |
| Surplus / Deficit | +$1K |
| Total Assets | $6K |
| Total Liabilities | $3K |
| Net Assets | $3K |
| Operating Margin | 73.1% |
| Debt-to-Asset Ratio | 48.5% |
| Months of Reserves | 137.6 months |
Financial Health Grade: A
In 2014, Huron Housing Partnership Inc reported a surplus of $1K with revenue exceeding expenses, holds 137.6 months of operating reserves (strong position), has a debt-to-asset ratio of 48.5% (moderate leverage).
Financial Trends
Over 4 years of filings (2011–2014), Huron Housing Partnership Inc's revenue has declined at a compound annual growth rate (CAGR) of -42.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -100.0% | -77.9% | -52.2% |
| 2012 | -96.2% | -53.1% | -55.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Huron Housing Partnership 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 Huron Housing Partnership 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.5%.
Frequently Asked Questions about Huron Housing Partnership Inc
Is Huron Housing Partnership Inc a legitimate charity?
Huron Housing Partnership Inc (EIN: 264739088) is a registered tax-exempt nonprofit based in South Dakota. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Huron Housing Partnership Inc spend its money?
Huron Housing Partnership Inc reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Huron Housing Partnership Inc tax-deductible?
Huron Housing Partnership Inc is registered as a tax-exempt nonprofit (EIN: 264739088). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Huron Housing Partnership Inc located?
Huron Housing Partnership Inc is headquartered in Huron, South Dakota and files with the IRS under EIN 264739088. It is classified under NTEE code L05.
How many years of IRS 990 filings does Huron Housing Partnership Inc have?
Huron Housing Partnership Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Huron Housing Partnership Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Huron Housing Partnership Inc's revenue has declined by 81.3%, moving from $10K to $2K. Total assets decreased by 61.3% over the same period, from $14K to $6K. Total functional expenses fell by 89.7%, from $5K to $482. In its most recent filing year (2014), Huron Housing Partnership Inc reported a surplus of $1K, with revenue exceeding expenses. The organization holds $3K in liabilities against $6K in assets (debt-to-asset ratio: 48.5%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $2K | $482 | $6K | $3K | — | View 990 |
| 2013 | $0 | $483 | $3K | $1K | — | View 990 |
| 2012 | $361 | $2K | $6K | $4K | — | View 990 |
| 2011 | $10K | $5K | $14K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $2K, expenses of $482, and assets of $6K.
- 2013: Revenue of $0, expenses of $483, and assets of $3K (revenue -100.0% year-over-year).
- 2012: Revenue of $361, expenses of $2K, and assets of $6K (revenue -96.2% year-over-year).
- 2011: Revenue of $10K, expenses of $5K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Huron Housing Partnership Inc:
Data Sources and Methodology
This transparency report for Huron Housing Partnership 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.