Lone Star Housing Association
EIN: 845157007 · Copley, OH · NTEE: B83
| Metric | Value |
|---|---|
| Total Revenue | $532K |
| Total Expenses | $1K |
| Net Assets | $510K |
Is Lone Star Housing Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lone Star Housing Association
Lone Star Housing Association (EIN: 845157007) is a nonprofit organization based in Copley, OH, classified under NTEE code B83. The organization reported total revenue of $532K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lone Star Housing Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lone Star Housing Association is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -95.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24 |
| Total Expenses | $1K |
| Surplus / Deficit | $-1,195 |
| Total Assets | $510K |
| Net Assets | $510K |
| Operating Margin | -4979.2% |
| Months of Reserves | 5019.1 months |
Financial Health Grade: B
In 2023, Lone Star Housing Association reported a deficit of $1K with expenses exceeding revenue, holds 5019.1 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Lone Star Housing Association's revenue has declined at a compound annual growth rate (CAGR) of -95.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -80.9% | -0.2% |
| 2022 | -56.3% | -38.9% | +17.1% |
| 2021 | -29.5% | +682.8% | +66.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lone Star Housing Association 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 Lone Star Housing Association 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 $1K, with expenses exceeding revenue.
Frequently Asked Questions about Lone Star Housing Association
Is Lone Star Housing Association a legitimate charity?
Lone Star Housing Association (EIN: 845157007) is a registered tax-exempt nonprofit based in Ohio. It has 4 years of IRS 990 filings on record. Total revenue: $532K. No red flags identified. Financial health grade: B.
How does Lone Star Housing Association spend its money?
Lone Star Housing Association reported $532K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lone Star Housing Association tax-deductible?
Lone Star Housing Association is registered as a tax-exempt nonprofit (EIN: 845157007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lone Star Housing Association located?
Lone Star Housing Association is headquartered in Copley, Ohio and files with the IRS under EIN 845157007. It is classified under NTEE code B83.
How many years of IRS 990 filings does Lone Star Housing Association have?
Lone Star Housing Association 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 $532K in total revenue.
Filing History
IRS 990 filing history for Lone Star Housing Association showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Lone Star Housing Association's revenue has declined by 100%, moving from $263K to $24. Total assets increased by 95% over the same period, from $261K to $510K. Total functional expenses fell by 8.6%, from $1K to $1K. In its most recent filing year (2023), Lone Star Housing Association reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24 | $1K | $510K | $0 | — | — |
| 2022 | $81K | $6K | $511K | $0 | — | View 990 |
| 2021 | $185K | $10K | $436K | $0 | — | View 990 |
| 2020 | $263K | $1K | $261K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24, expenses of $1K, and assets of $510K (revenue -100.0% year-over-year).
- 2022: Revenue of $81K, expenses of $6K, and assets of $511K (revenue -56.3% year-over-year).
- 2021: Revenue of $185K, expenses of $10K, and assets of $436K (revenue -29.5% year-over-year).
- 2020: Revenue of $263K, expenses of $1K, and assets of $261K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lone Star Housing Association:
Data Sources and Methodology
This transparency report for Lone Star Housing Association 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.