Keith County Housing Development Corporation
EIN: 470785404 · Ogallala, NE · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $849K |
| Total Expenses | $446K |
| Net Assets | $848K |
Is Keith County Housing Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Keith County Housing Development Corporation
Keith County Housing Development Corporation (EIN: 470785404) is a nonprofit organization based in Ogallala, NE, classified under NTEE code L80. The organization reported total revenue of $849K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keith County Housing Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keith County Housing Development Corporation is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $432K |
| Total Expenses | $446K |
| Surplus / Deficit | $-13,770 |
| Total Assets | $3.4M |
| Total Liabilities | $2.6M |
| Net Assets | $848K |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 75.2% |
| Months of Reserves | 92.0 months |
Financial Health Grade: C
In 2023, Keith County Housing Development Corporation reported a deficit of $14K with expenses exceeding revenue, holds 92.0 months of operating reserves (strong position), has a debt-to-asset ratio of 75.2% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.4% | +2.2% | +9.0% |
| 2022 | -72.0% | +161.5% | +69.0% |
| 2021 | +446.0% | +54.0% | +98.3% |
| 2020 | +70.0% | -23.5% | -6.0% |
| 2019 | -13.1% | +6.5% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Keith County Housing Development 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 Keith County Housing Development 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 deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 75.2%.
Frequently Asked Questions about Keith County Housing Development Corporation
Is Keith County Housing Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Keith County Housing Development Corporation (EIN: 470785404) insufficient data. 0 red flags identified, 0 strengths noted.
How does Keith County Housing Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Keith County Housing Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Keith County Housing Development Corporation tax-deductible?
Keith County Housing Development Corporation is registered as a tax-exempt nonprofit (EIN: 470785404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Keith County Housing Development Corporation located?
Keith County Housing Development Corporation is headquartered in Ogallala, Nebraska and files with the IRS under EIN 470785404. It is classified under NTEE code L80.
How many years of IRS 990 filings does Keith County Housing Development Corporation have?
Keith County Housing Development 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 $849K in total revenue.
Filing History
IRS 990 filing history for Keith County Housing Development Corporation showing financial trends over 13 years of public records:
Total assets increased by 1091.9% over the same period, from $287K to $3.4M. Total functional expenses rose by 1958.1%, from $22K to $446K. In its most recent filing year (2023), Keith County Housing Development Corporation reported a deficit of $14K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $3.4M in assets (debt-to-asset ratio: 75.2%), resulting in net assets of $848K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $432K | $446K | $3.4M | $2.6M | — | — |
| 2022 | $308K | $436K | $3.1M | $2.3M | — | View 990 |
| 2021 | $1.1M | $167K | $1.9M | $727K | — | View 990 |
| 2020 | $201K | $108K | $936K | $740K | — | — |
| 2019 | $119K | $142K | $995K | $893K | — | View 990 |
| 2018 | $136K | $133K | $882K | $757K | — | View 990 |
| 2017 | $12K | $16K | $130K | $0 | — | View 990 |
| 2016 | $5K | $3K | $134K | $0 | — | View 990 |
| 2015 | $15K | $149K | $131K | $0 | — | View 990 |
| 2014 | $10K | $21K | $265K | $0 | — | View 990 |
| 2013 | $31K | $34K | $276K | $0 | — | View 990 |
| 2012 | $26K | $33K | $279K | $0 | — | View 990 |
| 2011 | $-1,902 | $22K | $287K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $432K, expenses of $446K, and assets of $3.4M (revenue +40.4% year-over-year).
- 2022: Revenue of $308K, expenses of $436K, and assets of $3.1M (revenue -72.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $167K, and assets of $1.9M (revenue +446.0% year-over-year).
- 2020: Revenue of $201K, expenses of $108K, and assets of $936K (revenue +70.0% year-over-year).
- 2019: Revenue of $119K, expenses of $142K, and assets of $995K (revenue -13.1% year-over-year).
- 2018: Revenue of $136K, expenses of $133K, and assets of $882K (revenue +1044.5% year-over-year).
- 2017: Revenue of $12K, expenses of $16K, and assets of $130K (revenue +137.9% year-over-year).
- 2016: Revenue of $5K, expenses of $3K, and assets of $134K (revenue -67.5% year-over-year).
- 2015: Revenue of $15K, expenses of $149K, and assets of $131K (revenue +48.8% year-over-year).
- 2014: Revenue of $10K, expenses of $21K, and assets of $265K (revenue -66.4% year-over-year).
- 2013: Revenue of $31K, expenses of $34K, and assets of $276K (revenue +19.7% year-over-year).
- 2012: Revenue of $26K, expenses of $33K, and assets of $279K.
- 2011: Revenue of $-1,902, expenses of $22K, and assets of $287K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keith County Housing Development Corporation:
Data Sources and Methodology
This transparency report for Keith County Housing Development 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.