Kalamazoo Collective Housing
Kalamazoo Collective Housing shows consistent financial growth and zero executive compensation over a decade.
EIN: 204014598 · Kalamazoo, MI · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $419K |
| Total Expenses | $329K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $1.1M |
| Transparency Score | 95/100 |
Is Kalamazoo Collective Housing Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kalamazoo Collective Housing directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kalamazoo Collective Housing
Kalamazoo Collective Housing (EIN: 204014598) is a nonprofit organization based in Kalamazoo, MI, classified under NTEE code L20. The organization reported total revenue of $419K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kalamazoo Collective Housing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kalamazoo Collective Housing is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $414K |
| Total Expenses | $329K |
| Surplus / Deficit | +$85K |
| Total Assets | $1.3M |
| Total Liabilities | $160K |
| Net Assets | $1.1M |
| Operating Margin | 20.6% |
| Debt-to-Asset Ratio | 12.3% |
| Months of Reserves | 47.4 months |
Financial Health Grade: A
In 2023, Kalamazoo Collective Housing reported a surplus of $85K with revenue exceeding expenses, holds 47.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Kalamazoo Collective Housing's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.4% | +25.7% | +6.6% |
| 2022 | +22.0% | +35.9% | +21.8% |
| 2021 | +11.3% | +40.8% | +25.4% |
| 2020 | +48.8% | -22.5% | +60.5% |
| 2019 | +55.5% | +18.6% | +22.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
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 Kalamazoo Collective Housing 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Kalamazoo Collective Housing allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.3%.
Executive Compensation Analysis
Kalamazoo Collective Housing consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and asset base ($1.3 million in assets). This suggests a volunteer-led or very lean leadership structure, directing all available funds to operations and mission.
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.
Red Flags
The following concerns were identified during AI analysis of Kalamazoo Collective Housing's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data (though 0% officer comp is a positive sign, full breakdown would enhance transparency)
Strengths
The following positive indicators were identified for Kalamazoo Collective Housing:
- Consistent financial growth and asset accumulation over a decade (e.g., assets grew from $233,941 in 2014 to $1,301,962 in 2023)
- Zero officer compensation reported for all 12 years of filings, indicating high resource allocation to mission
- Healthy balance sheet with significantly higher assets than liabilities (e.g., $1,301,962 assets vs. $159,642 liabilities in 2023)
- Expenses consistently below revenue, allowing for sustained asset growth
- Clear alignment between NTEE code (Housing Development) and organizational name/mission
Frequently Asked Questions about Kalamazoo Collective Housing
Is Kalamazoo Collective Housing a legitimate charity?
Based on AI analysis of IRS 990 filings, Kalamazoo Collective Housing (EIN: 204014598) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Kalamazoo Collective Housing spend its money?
Kalamazoo Collective Housing directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kalamazoo Collective Housing tax-deductible?
Kalamazoo Collective Housing is registered as a tax-exempt nonprofit (EIN: 204014598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kalamazoo Collective Housing CEO make?
Kalamazoo Collective Housing's highest-compensated officer earns $1.3 annually. The organization reported $419K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Kalamazoo Collective Housing compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Kalamazoo Collective Housing is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kalamazoo Collective Housing located?
Kalamazoo Collective Housing is headquartered in Kalamazoo, Michigan and files with the IRS under EIN 204014598. It is classified under NTEE code L20.
How many years of IRS 990 filings does Kalamazoo Collective Housing have?
Kalamazoo Collective Housing 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 $419K in total revenue.
Is Kalamazoo Collective Housing a good charity?
Based on the provided financial data, Kalamazoo Collective Housing appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to directing resources to its mission by reporting 0% officer compensation for over a decade.
How has Kalamazoo Collective Housing's financial health changed over time?
Kalamazoo Collective Housing has shown significant financial improvement over the past decade. Revenue grew from $104,523 in 2014 to $414,492 in 2023, and assets increased from $233,941 to $1,301,962 in the same period, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly unusual and transparent, reporting 0% officer compensation for all 12 years of available filings. This suggests a volunteer-driven leadership or a structure where executive roles are not compensated, maximizing funds for programmatic activities.
How does their asset growth compare to their liabilities?
Kalamazoo Collective Housing's asset growth significantly outpaces its liabilities. For example, in 2023, assets were $1,301,962 while liabilities were $159,642, indicating a very healthy balance sheet and strong financial solvency.
Filing History
IRS 990 filing history for Kalamazoo Collective Housing showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Kalamazoo Collective Housing's revenue has grown by 372.1%, moving from $88K to $414K. Total assets increased by 799% over the same period, from $145K to $1.3M. Total functional expenses rose by 279%, from $87K to $329K. In its most recent filing year (2023), Kalamazoo Collective Housing reported a surplus of $85K, with revenue exceeding expenses. The organization holds $160K in liabilities against $1.3M in assets (debt-to-asset ratio: 12.3%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $414K | $329K | $1.3M | $160K | — | — |
| 2022 | $490K | $262K | $1.2M | $164K | — | View 990 |
| 2021 | $401K | $193K | $1.0M | $173K | — | — |
| 2020 | $361K | $137K | $799K | $179K | — | View 990 |
| 2019 | $242K | $177K | $498K | $101K | — | View 990 |
| 2018 | $156K | $149K | $407K | $77K | — | View 990 |
| 2017 | $150K | $116K | $403K | $79K | — | View 990 |
| 2016 | $112K | $120K | $323K | $33K | — | View 990 |
| 2015 | $203K | $122K | $320K | $24K | — | View 990 |
| 2014 | $105K | $112K | $234K | $21K | — | View 990 |
| 2013 | $159K | $114K | $238K | $18K | — | View 990 |
| 2012 | $88K | $87K | $145K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $414K, expenses of $329K, and assets of $1.3M (revenue -15.4% year-over-year).
- 2022: Revenue of $490K, expenses of $262K, and assets of $1.2M (revenue +22.0% year-over-year).
- 2021: Revenue of $401K, expenses of $193K, and assets of $1.0M (revenue +11.3% year-over-year).
- 2020: Revenue of $361K, expenses of $137K, and assets of $799K (revenue +48.8% year-over-year).
- 2019: Revenue of $242K, expenses of $177K, and assets of $498K (revenue +55.5% year-over-year).
- 2018: Revenue of $156K, expenses of $149K, and assets of $407K (revenue +4.3% year-over-year).
- 2017: Revenue of $150K, expenses of $116K, and assets of $403K (revenue +33.8% year-over-year).
- 2016: Revenue of $112K, expenses of $120K, and assets of $323K (revenue -45.0% year-over-year).
- 2015: Revenue of $203K, expenses of $122K, and assets of $320K (revenue +94.6% year-over-year).
- 2014: Revenue of $105K, expenses of $112K, and assets of $234K (revenue -34.1% year-over-year).
- 2013: Revenue of $159K, expenses of $114K, and assets of $238K (revenue +80.7% year-over-year).
- 2012: Revenue of $88K, expenses of $87K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kalamazoo Collective Housing:
Data Sources and Methodology
This transparency report for Kalamazoo Collective Housing 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.