Malachi House Ii
EIN: 364674390 · Greensboro, NC · NTEE: F20
| Metric | Value |
|---|---|
| Total Revenue | $756K |
| Total Expenses | $778K |
| Net Assets | $-1,840 |
Is Malachi House Ii Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Malachi House Ii
Malachi House Ii (EIN: 364674390) is a nonprofit organization based in Greensboro, NC, classified under NTEE code F20. The organization reported total revenue of $756K and total assets of $644 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Malachi House Ii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Malachi House Ii is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $767K |
| Total Expenses | $778K |
| Surplus / Deficit | $-10,853 |
| Total Assets | $23K |
| Total Liabilities | $24K |
| Net Assets | $-1,840 |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 108.1% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2023, Malachi House Ii reported a deficit of $11K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 108.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Malachi House Ii's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | +9.5% | -34.8% |
| 2022 | -9.2% | -9.3% | +130.3% |
| 2021 | +12.8% | +8.6% | -25.3% |
| 2020 | -9.6% | -11.4% | +0.2% |
| 2019 | -4.4% | -4.4% | -20.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Malachi House Ii 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 Malachi House Ii 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 108.1%.
Frequently Asked Questions about Malachi House Ii
Is Malachi House Ii a legitimate charity?
Malachi House Ii (EIN: 364674390) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $756K. No red flags identified. Financial health grade: D.
How does Malachi House Ii spend its money?
Malachi House Ii reported $756K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Malachi House Ii tax-deductible?
Malachi House Ii is registered as a tax-exempt nonprofit (EIN: 364674390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Malachi House Ii located?
Malachi House Ii is headquartered in Greensboro, North Carolina and files with the IRS under EIN 364674390. It is classified under NTEE code F20.
How many years of IRS 990 filings does Malachi House Ii have?
Malachi House Ii 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 $756K in total revenue.
Filing History
IRS 990 filing history for Malachi House Ii showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Malachi House Ii's revenue has grown by 31.9%, moving from $582K to $767K. Total assets decreased by 82% over the same period, from $126K to $23K. Total functional expenses rose by 47.2%, from $528K to $778K. In its most recent filing year (2023), Malachi House Ii reported a deficit of $11K, with expenses exceeding revenue. The organization holds $24K in liabilities against $23K in assets (debt-to-asset ratio: 108.1%), resulting in net assets of $-1,840.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $767K | $778K | $23K | $24K | — | — |
| 2022 | $729K | $710K | $35K | $26K | — | View 990 |
| 2021 | $803K | $783K | $15K | $25K | — | View 990 |
| 2020 | $712K | $721K | $20K | $50K | — | View 990 |
| 2019 | $787K | $814K | $20K | $88K | — | View 990 |
| 2018 | $824K | $851K | $25K | $67K | — | View 990 |
| 2017 | $914K | $952K | $59K | $74K | — | View 990 |
| 2016 | $924K | $1.0M | $50K | $26K | — | View 990 |
| 2015 | $958K | $996K | $116K | $13K | — | View 990 |
| 2014 | $860K | $849K | $161K | $19K | — | View 990 |
| 2013 | $753K | $778K | $163K | $31K | — | View 990 |
| 2012 | $661K | $617K | $189K | $32K | — | View 990 |
| 2011 | $582K | $528K | $126K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $767K, expenses of $778K, and assets of $23K (revenue +5.2% year-over-year).
- 2022: Revenue of $729K, expenses of $710K, and assets of $35K (revenue -9.2% year-over-year).
- 2021: Revenue of $803K, expenses of $783K, and assets of $15K (revenue +12.8% year-over-year).
- 2020: Revenue of $712K, expenses of $721K, and assets of $20K (revenue -9.6% year-over-year).
- 2019: Revenue of $787K, expenses of $814K, and assets of $20K (revenue -4.4% year-over-year).
- 2018: Revenue of $824K, expenses of $851K, and assets of $25K (revenue -9.8% year-over-year).
- 2017: Revenue of $914K, expenses of $952K, and assets of $59K (revenue -1.1% year-over-year).
- 2016: Revenue of $924K, expenses of $1.0M, and assets of $50K (revenue -3.6% year-over-year).
- 2015: Revenue of $958K, expenses of $996K, and assets of $116K (revenue +11.4% year-over-year).
- 2014: Revenue of $860K, expenses of $849K, and assets of $161K (revenue +14.2% year-over-year).
- 2013: Revenue of $753K, expenses of $778K, and assets of $163K (revenue +13.9% year-over-year).
- 2012: Revenue of $661K, expenses of $617K, and assets of $189K (revenue +13.7% year-over-year).
- 2011: Revenue of $582K, expenses of $528K, and assets of $126K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Malachi House Ii:
Data Sources and Methodology
This transparency report for Malachi House Ii 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.