Kent Attainable Housing Inc
EIN: 834613498 · Chestertown, MD · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $387K |
| Total Expenses | $427K |
| Net Assets | $652K |
Is Kent Attainable Housing Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kent Attainable Housing Inc
Kent Attainable Housing Inc (EIN: 834613498) is a nonprofit organization based in Chestertown, MD, classified under NTEE code L80. The organization reported total revenue of $387K and total assets of $675K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kent Attainable Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kent Attainable Housing Inc is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 73.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $464K |
| Total Expenses | $427K |
| Surplus / Deficit | +$37K |
| Total Assets | $788K |
| Total Liabilities | $135K |
| Net Assets | $652K |
| Operating Margin | 7.9% |
| Debt-to-Asset Ratio | 17.2% |
| Months of Reserves | 22.1 months |
Financial Health Grade: A
In 2023, Kent Attainable Housing Inc reported a surplus of $37K with revenue exceeding expenses, holds 22.1 months of operating reserves (strong position), has a debt-to-asset ratio of 17.2% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Kent Attainable Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 73.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.8% | -37.7% | -0.8% |
| 2022 | +83.4% | +1056.9% | -10.5% |
| 2021 | +394.1% | +448.1% | +246.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kent Attainable Housing 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 Kent Attainable Housing 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.2%.
Frequently Asked Questions about Kent Attainable Housing Inc
Is Kent Attainable Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kent Attainable Housing Inc (EIN: 834613498) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kent Attainable Housing Inc spend its money?
Detailed spending breakdown data is not yet available for Kent Attainable Housing Inc. Check back for updated IRS 990 analysis.
Are donations to Kent Attainable Housing Inc tax-deductible?
Kent Attainable Housing Inc is registered as a tax-exempt nonprofit (EIN: 834613498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kent Attainable Housing Inc located?
Kent Attainable Housing Inc is headquartered in Chestertown, Maryland and files with the IRS under EIN 834613498. It is classified under NTEE code L80.
How many years of IRS 990 filings does Kent Attainable Housing Inc have?
Kent Attainable Housing Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $387K in total revenue.
Filing History
IRS 990 filing history for Kent Attainable Housing Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Kent Attainable Housing Inc's revenue has grown by 418.5%, moving from $90K to $464K. Total assets increased by 207.8% over the same period, from $256K to $788K. Total functional expenses rose by 3850.1%, from $11K to $427K. In its most recent filing year (2023), Kent Attainable Housing Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $135K in liabilities against $788K in assets (debt-to-asset ratio: 17.2%), resulting in net assets of $652K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $464K | $427K | $788K | $135K | — | — |
| 2022 | $811K | $686K | $794K | $179K | — | — |
| 2021 | $442K | $59K | $888K | $398K | — | View 990 |
| 2020 | $90K | $11K | $256K | $150K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $464K, expenses of $427K, and assets of $788K (revenue -42.8% year-over-year).
- 2022: Revenue of $811K, expenses of $686K, and assets of $794K (revenue +83.4% year-over-year).
- 2021: Revenue of $442K, expenses of $59K, and assets of $888K (revenue +394.1% year-over-year).
- 2020: Revenue of $90K, expenses of $11K, and assets of $256K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kent Attainable Housing Inc:
Data Sources and Methodology
This transparency report for Kent Attainable Housing 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.