Montgomery Housing Inc
EIN: 522159657 · Gaithersburg, MD · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $127K |
| Net Assets | $-602,604 |
Is Montgomery Housing Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Montgomery Housing Inc
Montgomery Housing Inc (EIN: 522159657) is a nonprofit organization based in Gaithersburg, MD, classified under NTEE code L20. The organization reported total revenue of $91K and total assets of $428K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montgomery Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montgomery Housing Inc is a micro nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $127K |
| Surplus / Deficit | $-46,539 |
| Total Assets | $430K |
| Total Liabilities | $1.0M |
| Net Assets | $-602,604 |
| Operating Margin | -58.1% |
| Debt-to-Asset Ratio | 240.2% |
| Months of Reserves | 40.8 months |
Financial Health Grade: C
In 2023, Montgomery Housing Inc reported a deficit of $47K with expenses exceeding revenue, holds 40.8 months of operating reserves (strong position), has a debt-to-asset ratio of 240.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Montgomery Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.3% | -9.1% | -6.0% |
| 2022 | +11.5% | +35.1% | -6.3% |
| 2021 | +22.6% | +0.1% | -5.8% |
| 2020 | +3.4% | +4.3% | -1.0% |
| 2019 | -13.7% | -2.6% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Montgomery Housing 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 Montgomery Housing 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 deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 240.2%.
Frequently Asked Questions about Montgomery Housing Inc
Is Montgomery Housing Inc a legitimate charity?
Montgomery Housing Inc (EIN: 522159657) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $91K. No red flags identified. Financial health grade: C.
How does Montgomery Housing Inc spend its money?
Montgomery Housing Inc reported $91K 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 Montgomery Housing Inc tax-deductible?
Montgomery Housing Inc is registered as a tax-exempt nonprofit (EIN: 522159657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Montgomery Housing Inc located?
Montgomery Housing Inc is headquartered in Gaithersburg, Maryland and files with the IRS under EIN 522159657. It is classified under NTEE code L20.
How many years of IRS 990 filings does Montgomery Housing Inc have?
Montgomery Housing Inc 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 $91K in total revenue.
Filing History
IRS 990 filing history for Montgomery Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Montgomery Housing Inc's revenue has grown by 82.2%, moving from $44K to $80K. Total assets decreased by 37.8% over the same period, from $691K to $430K. Total functional expenses rose by 108.8%, from $61K to $127K. In its most recent filing year (2023), Montgomery Housing Inc reported a deficit of $47K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $430K in assets (debt-to-asset ratio: 240.2%), resulting in net assets of $-602,604.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80K | $127K | $430K | $1.0M | — | — |
| 2022 | $83K | $139K | $457K | $1.0M | — | — |
| 2021 | $74K | $103K | $488K | $988K | — | — |
| 2020 | $61K | $103K | $518K | $989K | — | View 990 |
| 2019 | $59K | $99K | $524K | $952K | — | View 990 |
| 2018 | $68K | $101K | $556K | $944K | — | View 990 |
| 2017 | $65K | $96K | $572K | $927K | — | View 990 |
| 2016 | $66K | $89K | $601K | $924K | — | View 990 |
| 2015 | $69K | $90K | $624K | $925K | — | View 990 |
| 2014 | $61K | $92K | $637K | $916K | — | View 990 |
| 2013 | $58K | $80K | $663K | $912K | — | View 990 |
| 2012 | $54K | $80K | $674K | $901K | — | View 990 |
| 2011 | $44K | $61K | $691K | $893K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80K, expenses of $127K, and assets of $430K (revenue -3.3% year-over-year).
- 2022: Revenue of $83K, expenses of $139K, and assets of $457K (revenue +11.5% year-over-year).
- 2021: Revenue of $74K, expenses of $103K, and assets of $488K (revenue +22.6% year-over-year).
- 2020: Revenue of $61K, expenses of $103K, and assets of $518K (revenue +3.4% year-over-year).
- 2019: Revenue of $59K, expenses of $99K, and assets of $524K (revenue -13.7% year-over-year).
- 2018: Revenue of $68K, expenses of $101K, and assets of $556K (revenue +4.3% year-over-year).
- 2017: Revenue of $65K, expenses of $96K, and assets of $572K (revenue -2.1% year-over-year).
- 2016: Revenue of $66K, expenses of $89K, and assets of $601K (revenue -3.8% year-over-year).
- 2015: Revenue of $69K, expenses of $90K, and assets of $624K (revenue +12.5% year-over-year).
- 2014: Revenue of $61K, expenses of $92K, and assets of $637K (revenue +5.6% year-over-year).
- 2013: Revenue of $58K, expenses of $80K, and assets of $663K (revenue +7.8% year-over-year).
- 2012: Revenue of $54K, expenses of $80K, and assets of $674K (revenue +22.9% year-over-year).
- 2011: Revenue of $44K, expenses of $61K, and assets of $691K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montgomery Housing Inc:
Data Sources and Methodology
This transparency report for Montgomery 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.