Marathon County Housing Association Incorporated
EIN: 391225374 · Madison, WI
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Net Assets | $3.4M |
Is Marathon County Housing Association Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marathon County Housing Association Incorporated
Marathon County Housing Association Incorporated (EIN: 391225374) is a nonprofit organization based in Madison, WI. The organization reported total revenue of $1.8M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marathon County Housing Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marathon County Housing Association Incorporated is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-348,120 |
| Total Assets | $6.0M |
| Total Liabilities | $2.6M |
| Net Assets | $3.4M |
| Operating Margin | -21.4% |
| Debt-to-Asset Ratio | 43.1% |
| Months of Reserves | 36.3 months |
Financial Health Grade: B
In 2023, Marathon County Housing Association Incorporated reported a deficit of $348K with expenses exceeding revenue, holds 36.3 months of operating reserves (strong position), has a debt-to-asset ratio of 43.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marathon County Housing Association Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.0% | +8.9% | -12.9% |
| 2022 | +24.4% | +12.7% | -4.7% |
| 2021 | -3.1% | +0.3% | -5.6% |
| 2020 | +219.4% | +310.8% | -4.8% |
| 2019 | +2.7% | -1.5% | +31.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marathon County Housing Association Incorporated 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 Marathon County Housing Association Incorporated 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 $348K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.1%.
Frequently Asked Questions about Marathon County Housing Association Incorporated
Is Marathon County Housing Association Incorporated a legitimate charity?
Marathon County Housing Association Incorporated (EIN: 391225374) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: B.
How does Marathon County Housing Association Incorporated spend its money?
Marathon County Housing Association Incorporated reported $1.8M 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 Marathon County Housing Association Incorporated tax-deductible?
Marathon County Housing Association Incorporated is registered as a tax-exempt nonprofit (EIN: 391225374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marathon County Housing Association Incorporated located?
Marathon County Housing Association Incorporated is headquartered in Madison, Wisconsin and files with the IRS under EIN 391225374.
How many years of IRS 990 filings does Marathon County Housing Association Incorporated have?
Marathon County Housing Association Incorporated 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Marathon County Housing Association Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marathon County Housing Association Incorporated's revenue has grown by 1672.8%, moving from $92K to $1.6M. Total assets increased by 60% over the same period, from $3.7M to $6.0M. Total functional expenses rose by 22232.6%, from $9K to $2.0M. In its most recent filing year (2023), Marathon County Housing Association Incorporated reported a deficit of $348K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $6.0M in assets (debt-to-asset ratio: 43.1%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $2.0M | $6.0M | $2.6M | — | — |
| 2022 | $1.5M | $1.8M | $6.9M | $3.1M | — | View 990 |
| 2021 | $1.2M | $1.6M | $7.2M | $3.1M | — | View 990 |
| 2020 | $1.2M | $1.6M | $7.6M | $4.0M | — | View 990 |
| 2019 | $388K | $391K | $8.0M | $4.0M | — | — |
| 2018 | $378K | $397K | $6.1M | $1.8M | — | View 990 |
| 2017 | $372K | $368K | $6.1M | $1.8M | — | — |
| 2016 | $398K | $167K | $6.1M | $1.8M | — | View 990 |
| 2015 | $108K | $3K | $4.1M | $175K | — | View 990 |
| 2014 | $103K | $3K | $4.0M | $175K | — | View 990 |
| 2013 | $100K | $3K | $3.9M | $177K | — | View 990 |
| 2012 | $95K | $2K | $3.8M | $175K | — | View 990 |
| 2011 | $92K | $9K | $3.7M | $175K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $2.0M, and assets of $6.0M (revenue +9.0% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.8M, and assets of $6.9M (revenue +24.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.6M, and assets of $7.2M (revenue -3.1% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.6M, and assets of $7.6M (revenue +219.4% year-over-year).
- 2019: Revenue of $388K, expenses of $391K, and assets of $8.0M (revenue +2.7% year-over-year).
- 2018: Revenue of $378K, expenses of $397K, and assets of $6.1M (revenue +1.5% year-over-year).
- 2017: Revenue of $372K, expenses of $368K, and assets of $6.1M (revenue -6.5% year-over-year).
- 2016: Revenue of $398K, expenses of $167K, and assets of $6.1M (revenue +266.8% year-over-year).
- 2015: Revenue of $108K, expenses of $3K, and assets of $4.1M (revenue +5.1% year-over-year).
- 2014: Revenue of $103K, expenses of $3K, and assets of $4.0M (revenue +3.7% year-over-year).
- 2013: Revenue of $100K, expenses of $3K, and assets of $3.9M (revenue +4.4% year-over-year).
- 2012: Revenue of $95K, expenses of $2K, and assets of $3.8M (revenue +3.9% year-over-year).
- 2011: Revenue of $92K, expenses of $9K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marathon County Housing Association Incorporated:
Data Sources and Methodology
This transparency report for Marathon County Housing Association Incorporated 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.