M & O Housing Inc
M & O Housing Inc: Declining Assets and Revenue, High Administrative Costs
EIN: 222607366 · Ocean, NJ · Updated: 2026-04-04
Is M & O Housing Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About M & O Housing Inc
M & O Housing Inc (EIN: 222607366) is a nonprofit organization based in Ocean, NJ. The organization reported total revenue of $165K and total assets of $375K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of M & O Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates M & O Housing Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, M & O Housing Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating no direct salary payments to officers, directors, or key employees.
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 M & O Housing Inc's IRS 990 filings:
- Consistent decline in total assets from $553,636 in 2016 to $384,193 in 2023.
- Consistent decline in total revenue from $169,815 in 2018 to $174,092 in 2023 (with fluctuations).
- No reported program service expenses, suggesting all expenditures are administrative.
- Accumulated deficit indicated by liabilities consistently exceeding assets.
Strengths
The following positive indicators were identified for M & O Housing Inc:
- Consistent reporting of $0 for executive compensation.
Frequently Asked Questions about M & O Housing Inc
Is M & O Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, M & O Housing Inc (EIN: 222607366) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does M & O Housing Inc spend its money?
Detailed spending breakdown data is not yet available for M & O Housing Inc. Check back for updated IRS 990 analysis.
Are donations to M & O Housing Inc tax-deductible?
M & O Housing Inc is registered as a tax-exempt nonprofit (EIN: 222607366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does M & O Housing Inc do?
M & O Housing Inc is a nonprofit organization in the Unknown sector, located in Ocean, New Jersey. It is classified under NTEE code Unknown.
How much revenue does M & O Housing Inc have?
M & O Housing Inc reported total revenue of $165,169. Based on 13 IRS 990 filings on record.
What are M & O Housing Inc's total assets?
M & O Housing Inc holds total assets of $375,100 as reported in IRS 990 filings.
Where is M & O Housing Inc located?
M & O Housing Inc is based in Ocean, New Jersey.
What is M & O Housing Inc's EIN?
M & O Housing Inc's Employer Identification Number (EIN) is 222607366. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is M & O Housing Inc?
M & O Housing Inc is classified under NTEE code Unknown (Unknown).
Is M & O Housing Inc a registered 501(c)(3)?
M & O Housing Inc appears in IRS records (EIN: 222607366). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does M & O Housing Inc file IRS Form 990?
Yes, M & O Housing Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was M & O Housing Inc's revenue in 2023?
In the 202306 filing period, M & O Housing Inc reported total revenue of $174,092, total expenses of $166,751, and net assets of $384,193.
Is M & O Housing Inc's revenue growing or declining?
M & O Housing Inc's revenue is growing. Revenue went from $156,341 (202206) to $174,092 (202306), a +11.4% change. Based on 13 filings on record.
What is M & O Housing Inc's most recent 990 filing?
The most recent IRS Form 990 filing for M & O Housing Inc covers tax period 202306. It shows revenue of $174,092, expenses of $166,751, total assets of $384,193, and liabilities of $408,519.
Is M & O Housing Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, M & O Housing Inc shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 1 strength noted.
What are the red flags for M & O Housing Inc?
The following concerns were identified: Consistent decline in total assets from $553,636 in 2016 to $384,193 in 2023.. Consistent decline in total revenue from $169,815 in 2018 to $174,092 in 2023 (with fluctuations).. No reported program service expenses, suggesting all expenditures are administrative.. Accumulated deficit indicated by liabilities consistently exceeding assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are M & O Housing Inc's strengths?
Positive indicators for M & O Housing Inc include: Consistent reporting of $0 for executive compensation.. These findings are derived from AI analysis of the organization's financial filings.
How does M & O Housing Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating no direct salary payments to officers, directors, or key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for program service expenses and 100% administrative expenses, how does M & O Housing Inc fulfill its mission of providing housing?
The filings do not detail how the organization directly provides housing services if all expenses are categorized as administrative. This suggests an indirect role or a need for more detailed expense categorization.
What is the long-term sustainability outlook for M & O Housing Inc, considering its declining assets and revenue over the past several years?
The consistent decline in assets and revenue, coupled with an accumulated deficit (liabilities exceeding assets), raises concerns about the organization's long-term financial viability and ability to sustain operations without significant changes.
Filing History
IRS 990 filing history for M & O Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), M & O Housing Inc's revenue has grown by 13.7%, moving from $153K to $174K. Total assets decreased by 41.2% over the same period, from $653K to $384K. Total functional expenses rose by 14.3%, from $146K to $167K. In its most recent filing year (2023), M & O Housing Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $409K in liabilities against $384K in assets (debt-to-asset ratio: 106.3%), resulting in net assets of $-24,326.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $167K | $384K | $409K | — | View 990 |
| 2022 | $156K | $174K | $384K | $416K | — | View 990 |
| 2021 | $139K | $166K | $432K | $446K | — | View 990 |
| 2020 | $146K | $182K | $466K | $453K | — | View 990 |
| 2019 | $150K | $162K | $512K | $463K | — | View 990 |
| 2018 | $170K | $154K | $540K | $479K | — | View 990 |
| 2017 | $156K | $149K | $539K | $495K | — | View 990 |
| 2016 | $149K | $146K | $554K | $517K | — | View 990 |
| 2015 | $152K | $150K | $586K | $552K | — | View 990 |
| 2014 | $153K | $153K | $586K | $554K | — | View 990 |
| 2013 | $161K | $155K | $615K | $583K | — | View 990 |
| 2012 | $144K | $139K | $623K | $596K | — | View 990 |
| 2011 | $153K | $146K | $653K | $632K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $167K, and assets of $384K (revenue +11.4% year-over-year).
- 2022: Revenue of $156K, expenses of $174K, and assets of $384K (revenue +12.3% year-over-year).
- 2021: Revenue of $139K, expenses of $166K, and assets of $432K (revenue -5.0% year-over-year).
- 2020: Revenue of $146K, expenses of $182K, and assets of $466K (revenue -2.7% year-over-year).
- 2019: Revenue of $150K, expenses of $162K, and assets of $512K (revenue -11.4% year-over-year).
- 2018: Revenue of $170K, expenses of $154K, and assets of $540K (revenue +8.7% year-over-year).
- 2017: Revenue of $156K, expenses of $149K, and assets of $539K (revenue +4.9% year-over-year).
- 2016: Revenue of $149K, expenses of $146K, and assets of $554K (revenue -1.7% year-over-year).
- 2015: Revenue of $152K, expenses of $150K, and assets of $586K (revenue -0.8% year-over-year).
- 2014: Revenue of $153K, expenses of $153K, and assets of $586K (revenue -4.9% year-over-year).
- 2013: Revenue of $161K, expenses of $155K, and assets of $615K (revenue +11.5% year-over-year).
- 2012: Revenue of $144K, expenses of $139K, and assets of $623K (revenue -5.9% year-over-year).
- 2011: Revenue of $153K, expenses of $146K, and assets of $653K.
Data Sources and Methodology
This transparency report for M & O 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.