Martin Luther Homes For The Handicapped Inc
EIN: 630955724 · Montgomery, AL · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $307K |
| Total Expenses | $257K |
| Net Assets | $-418,185 |
Is Martin Luther Homes For The Handicapped Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Martin Luther Homes For The Handicapped Inc
Martin Luther Homes For The Handicapped Inc (EIN: 630955724) is a nonprofit organization based in Montgomery, AL, classified under NTEE code L21. The organization reported total revenue of $307K and total assets of $74K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Martin Luther Homes For The Handicapped Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Martin Luther Homes For The Handicapped Inc is a small nonprofit that has been operating for 5 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $284K |
| Total Expenses | $257K |
| Surplus / Deficit | +$26K |
| Total Assets | $78K |
| Total Liabilities | $496K |
| Net Assets | $-418,185 |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 639.2% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Martin Luther Homes For The Handicapped Inc reported a surplus of $26K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 639.2% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Martin Luther Homes For The Handicapped Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.7% | +3.8% | -11.1% |
| 2022 | +1.3% | +6.7% | -16.8% |
| 2021 | -0.1% | -12.7% | +4.9% |
| 2020 | -1.5% | -4.3% | -17.5% |
| 2019 | +0.2% | +2.3% | -19.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Martin Luther Homes For The Handicapped 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 Martin Luther Homes For The Handicapped 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 $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 639.2%.
Frequently Asked Questions about Martin Luther Homes For The Handicapped Inc
Is Martin Luther Homes For The Handicapped Inc a legitimate charity?
Martin Luther Homes For The Handicapped Inc (EIN: 630955724) is a registered tax-exempt nonprofit based in Alabama. It has 14 years of IRS 990 filings on record. Total revenue: $307K. No red flags identified. Financial health grade: A.
How does Martin Luther Homes For The Handicapped Inc spend its money?
Martin Luther Homes For The Handicapped Inc reported $307K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Martin Luther Homes For The Handicapped Inc tax-deductible?
Martin Luther Homes For The Handicapped Inc is registered as a tax-exempt nonprofit (EIN: 630955724). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Martin Luther Homes For The Handicapped Inc located?
Martin Luther Homes For The Handicapped Inc is headquartered in Montgomery, Alabama and files with the IRS under EIN 630955724. It is classified under NTEE code L21.
How many years of IRS 990 filings does Martin Luther Homes For The Handicapped Inc have?
Martin Luther Homes For The Handicapped Inc has 14 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 $307K in total revenue.
Filing History
IRS 990 filing history for Martin Luther Homes For The Handicapped Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Martin Luther Homes For The Handicapped Inc's revenue has grown by 16.6%, moving from $243K to $284K. Total assets decreased by 79.7% over the same period, from $382K to $78K. Total functional expenses fell by 3.4%, from $266K to $257K. In its most recent filing year (2023), Martin Luther Homes For The Handicapped Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $496K in liabilities against $78K in assets (debt-to-asset ratio: 639.2%), resulting in net assets of $-418,185.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $284K | $257K | $78K | $496K | — | — |
| 2022 | $276K | $248K | $87K | $532K | — | View 990 |
| 2021 | $273K | $232K | $105K | $578K | — | View 990 |
| 2020 | $273K | $266K | $100K | $613K | — | — |
| 2019 | $277K | $278K | $121K | $641K | — | View 990 |
| 2018 | $276K | $272K | $151K | $670K | — | View 990 |
| 2017 | $276K | $271K | $177K | $700K | — | View 990 |
| 2016 | $257K | $261K | $201K | $729K | — | View 990 |
| 2015 | $263K | $273K | $231K | $756K | — | View 990 |
| 2014 | $263K | $271K | $265K | $779K | — | View 990 |
| 2013 | $259K | $260K | $300K | $806K | — | View 990 |
| 2012 | $253K | $269K | $324K | $829K | — | View 990 |
| 2011 | $253K | $264K | $355K | $845K | — | View 990 |
| 2010 | $243K | $266K | $382K | $861K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $284K, expenses of $257K, and assets of $78K (revenue +2.7% year-over-year).
- 2022: Revenue of $276K, expenses of $248K, and assets of $87K (revenue +1.3% year-over-year).
- 2021: Revenue of $273K, expenses of $232K, and assets of $105K (revenue -0.1% year-over-year).
- 2020: Revenue of $273K, expenses of $266K, and assets of $100K (revenue -1.5% year-over-year).
- 2019: Revenue of $277K, expenses of $278K, and assets of $121K (revenue +0.2% year-over-year).
- 2018: Revenue of $276K, expenses of $272K, and assets of $151K (revenue +0.1% year-over-year).
- 2017: Revenue of $276K, expenses of $271K, and assets of $177K (revenue +7.6% year-over-year).
- 2016: Revenue of $257K, expenses of $261K, and assets of $201K (revenue -2.3% year-over-year).
- 2015: Revenue of $263K, expenses of $273K, and assets of $231K (revenue +0.0% year-over-year).
- 2014: Revenue of $263K, expenses of $271K, and assets of $265K (revenue +1.6% year-over-year).
- 2013: Revenue of $259K, expenses of $260K, and assets of $300K (revenue +2.3% year-over-year).
- 2012: Revenue of $253K, expenses of $269K, and assets of $324K (revenue +-0.0% year-over-year).
- 2011: Revenue of $253K, expenses of $264K, and assets of $355K (revenue +3.9% year-over-year).
- 2010: Revenue of $243K, expenses of $266K, and assets of $382K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Martin Luther Homes For The Handicapped Inc:
Data Sources and Methodology
This transparency report for Martin Luther Homes For The Handicapped 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.