Idlewild Housing Corporation
EIN: 382355166 · Idlewild, MI
| Metric | Value |
|---|---|
| Total Revenue | $229K |
| Total Expenses | $184K |
| Net Assets | $-348,910 |
Is Idlewild Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Idlewild Housing Corporation
Idlewild Housing Corporation (EIN: 382355166) is a nonprofit organization based in Idlewild, MI. The organization reported total revenue of $229K and total assets of $270K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Idlewild Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Idlewild Housing Corporation is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $184K |
| Surplus / Deficit | +$30K |
| Total Assets | $307K |
| Total Liabilities | $656K |
| Net Assets | $-348,910 |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 213.5% |
| Months of Reserves | 20.1 months |
Financial Health Grade: A
In 2023, Idlewild Housing Corporation reported a surplus of $30K with revenue exceeding expenses, holds 20.1 months of operating reserves (strong position), has a debt-to-asset ratio of 213.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Idlewild Housing Corporation's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.0% | -8.6% | -5.9% |
| 2022 | -1.4% | +10.3% | -14.3% |
| 2021 | +4.5% | +6.0% | -7.7% |
| 2020 | -3.7% | -21.1% | -4.0% |
| 2019 | +4.7% | +23.3% | -12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Idlewild Housing Corporation 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 Idlewild Housing Corporation 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 surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 213.5%.
Frequently Asked Questions about Idlewild Housing Corporation
Is Idlewild Housing Corporation a legitimate charity?
Idlewild Housing Corporation (EIN: 382355166) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $229K. No red flags identified. Financial health grade: A.
How does Idlewild Housing Corporation spend its money?
Idlewild Housing Corporation reported $229K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Idlewild Housing Corporation tax-deductible?
Idlewild Housing Corporation is registered as a tax-exempt nonprofit (EIN: 382355166). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Idlewild Housing Corporation located?
Idlewild Housing Corporation is headquartered in Idlewild, Michigan and files with the IRS under EIN 382355166.
How many years of IRS 990 filings does Idlewild Housing Corporation have?
Idlewild Housing Corporation 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 $229K in total revenue.
Filing History
IRS 990 filing history for Idlewild Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Idlewild Housing Corporation's revenue has declined by 23.8%, moving from $281K to $214K. Total assets decreased by 50.7% over the same period, from $624K to $307K. Total functional expenses fell by 32.3%, from $271K to $184K. In its most recent filing year (2023), Idlewild Housing Corporation reported a surplus of $30K, with revenue exceeding expenses. The organization holds $656K in liabilities against $307K in assets (debt-to-asset ratio: 213.5%), resulting in net assets of $-348,910.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $214K | $184K | $307K | $656K | — | — |
| 2022 | $189K | $201K | $327K | $706K | — | View 990 |
| 2021 | $192K | $182K | $381K | $749K | — | View 990 |
| 2020 | $184K | $172K | $413K | $791K | — | View 990 |
| 2019 | $191K | $218K | $430K | $820K | — | View 990 |
| 2018 | $182K | $177K | $489K | $852K | — | View 990 |
| 2017 | $186K | $173K | $513K | $881K | — | — |
| 2016 | $174K | $171K | $523K | $904K | — | View 990 |
| 2015 | $179K | $188K | $542K | $927K | — | View 990 |
| 2014 | $185K | $189K | $566K | $942K | — | View 990 |
| 2013 | $183K | $182K | $588K | $960K | — | View 990 |
| 2012 | $179K | $186K | $602K | $975K | — | View 990 |
| 2011 | $281K | $271K | $624K | $989K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $214K, expenses of $184K, and assets of $307K (revenue +13.0% year-over-year).
- 2022: Revenue of $189K, expenses of $201K, and assets of $327K (revenue -1.4% year-over-year).
- 2021: Revenue of $192K, expenses of $182K, and assets of $381K (revenue +4.5% year-over-year).
- 2020: Revenue of $184K, expenses of $172K, and assets of $413K (revenue -3.7% year-over-year).
- 2019: Revenue of $191K, expenses of $218K, and assets of $430K (revenue +4.7% year-over-year).
- 2018: Revenue of $182K, expenses of $177K, and assets of $489K (revenue -2.3% year-over-year).
- 2017: Revenue of $186K, expenses of $173K, and assets of $513K (revenue +7.0% year-over-year).
- 2016: Revenue of $174K, expenses of $171K, and assets of $523K (revenue -2.8% year-over-year).
- 2015: Revenue of $179K, expenses of $188K, and assets of $542K (revenue -3.1% year-over-year).
- 2014: Revenue of $185K, expenses of $189K, and assets of $566K (revenue +1.4% year-over-year).
- 2013: Revenue of $183K, expenses of $182K, and assets of $588K (revenue +2.0% year-over-year).
- 2012: Revenue of $179K, expenses of $186K, and assets of $602K (revenue -36.2% year-over-year).
- 2011: Revenue of $281K, expenses of $271K, and assets of $624K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Idlewild Housing Corporation:
Data Sources and Methodology
This transparency report for Idlewild Housing Corporation 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.