Montgomery Housing Partnership Inc
Montgomery Housing Partnership maintains stable operations with significant asset growth, reporting no officer compensation.
EIN: 141855665 · Silver Spring, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Program Spending | 75% |
| Net Assets | $629K |
| Transparency Score | 75/100 |
Is Montgomery Housing Partnership Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Montgomery Housing Partnership Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Montgomery Housing Partnership Inc
Montgomery Housing Partnership Inc (EIN: 141855665) is a nonprofit organization based in Silver Spring, MD. The organization reported total revenue of $2.0M and total assets of $11.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montgomery Housing Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montgomery Housing Partnership Inc is a mid-size nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-18,313 |
| Total Assets | $11.2M |
| Total Liabilities | $10.6M |
| Net Assets | $629K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 94.4% |
| Months of Reserves | 67.9 months |
Financial Health Grade: C
In 2023, Montgomery Housing Partnership Inc reported a deficit of $18K with expenses exceeding revenue, holds 67.9 months of operating reserves (strong position), has a debt-to-asset ratio of 94.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Montgomery Housing Partnership Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.5% | -1.5% | -3.2% |
| 2022 | -1.8% | +29.0% | -6.6% |
| 2021 | +3.7% | -3.0% | +4.9% |
| 2020 | +1.9% | +4.2% | +139.5% |
| 2019 | +3.2% | -3.3% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Montgomery Housing Partnership Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Montgomery Housing Partnership Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 94.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees, which is highly unusual for an organization of this size and suggests either a volunteer leadership model or that compensation is reported under different categories not captured by 'Officer Comp'.
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 Montgomery Housing Partnership Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into leadership compensation practices.
Strengths
The following positive indicators were identified for Montgomery Housing Partnership Inc:
- Consistent revenue generation, with annual revenues generally between $1.5 million and $2 million.
- Significant asset growth, more than doubling from $4.9 million in 2019 to over $11 million in 2023, indicating an expanding financial base.
- Stable financial operations, with expenses generally in line with revenues over the past decade.
Frequently Asked Questions about Montgomery Housing Partnership Inc
Is Montgomery Housing Partnership Inc a legitimate charity?
Montgomery Housing Partnership Inc (EIN: 141855665) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.0M. 1 red flag identified. 3 strengths noted. Financial health grade: C.
How does Montgomery Housing Partnership Inc spend its money?
Montgomery Housing Partnership Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Montgomery Housing Partnership Inc tax-deductible?
Montgomery Housing Partnership Inc is registered as a tax-exempt nonprofit (EIN: 141855665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Montgomery Housing Partnership Inc's spending goes to programs?
Montgomery Housing Partnership Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Montgomery Housing Partnership Inc located?
Montgomery Housing Partnership Inc is headquartered in Silver Spring, Maryland and files with the IRS under EIN 141855665.
How many years of IRS 990 filings does Montgomery Housing Partnership Inc have?
Montgomery Housing Partnership 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 $2.0M in total revenue.
How does Montgomery Housing Partnership Inc fund its asset growth?
The significant increase in assets from $4.9 million in 2019 to over $11 million in 2023, coupled with a corresponding rise in liabilities, suggests that a substantial portion of asset growth is likely financed through debt, which is typical for housing development organizations.
What is the actual compensation structure for leadership?
The consistent reporting of 0% officer compensation is unusual for an organization with revenues exceeding $1.5 million. It raises questions about how leadership is compensated, if at all, or if compensation is categorized differently within the IRS 990 filing.
What are the detailed breakdowns of program, administrative, and fundraising expenses?
Without detailed expense categories from the IRS 990, it's difficult to fully assess the organization's spending efficiency and how much of its budget directly supports its housing programs versus overhead.
Filing History
IRS 990 filing history for Montgomery Housing Partnership Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Montgomery Housing Partnership Inc's revenue has grown by 30.2%, moving from $1.5M to $2.0M. Total assets increased by 91.4% over the same period, from $5.8M to $11.2M. Total functional expenses rose by 19.4%, from $1.7M to $2.0M. In its most recent filing year (2023), Montgomery Housing Partnership Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $10.6M in liabilities against $11.2M in assets (debt-to-asset ratio: 94.4%), resulting in net assets of $629K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.0M | $11.2M | $10.6M | — | — |
| 2022 | $1.8M | $2.0M | $11.6M | $10.9M | — | View 990 |
| 2021 | $1.8M | $1.6M | $12.4M | $11.5M | — | View 990 |
| 2020 | $1.8M | $1.6M | $11.8M | $11.2M | — | View 990 |
| 2019 | $1.7M | $1.5M | $4.9M | $4.5M | — | View 990 |
| 2018 | $1.7M | $1.6M | $5.0M | $4.7M | — | View 990 |
| 2017 | $1.7M | $1.5M | $5.4M | $5.2M | — | View 990 |
| 2016 | $1.7M | $1.4M | $5.4M | $5.4M | — | View 990 |
| 2015 | $1.6M | $1.6M | $5.3M | $5.6M | — | View 990 |
| 2014 | $1.6M | $1.3M | $5.6M | $5.8M | — | View 990 |
| 2013 | $1.6M | $1.6M | $5.5M | $6.0M | — | View 990 |
| 2012 | $1.6M | $1.5M | $5.7M | $6.1M | — | View 990 |
| 2011 | $1.5M | $1.5M | $5.7M | $6.3M | — | View 990 |
| 2010 | $1.5M | $1.7M | $5.8M | $6.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $11.2M (revenue +9.5% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.0M, and assets of $11.6M (revenue -1.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $12.4M (revenue +3.7% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.6M, and assets of $11.8M (revenue +1.9% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.5M, and assets of $4.9M (revenue +3.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $5.0M (revenue +0.9% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.5M, and assets of $5.4M (revenue +0.0% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.4M, and assets of $5.4M (revenue +3.5% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $5.3M (revenue +-0.0% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.3M, and assets of $5.6M (revenue +3.0% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $5.5M (revenue +0.3% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.5M, and assets of $5.7M (revenue +1.0% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $5.7M (revenue +1.9% year-over-year).
- 2010: Revenue of $1.5M, expenses of $1.7M, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montgomery Housing Partnership Inc:
Data Sources and Methodology
This transparency report for Montgomery Housing Partnership 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.