Ncba Housing Development Corporation Of The District Of Col
EIN: 521101506 · Washington, DC · NTEE: L210
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $562K |
| Net Assets | $30.5M |
Is Ncba Housing Development Corporation Of The District Of Col Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ncba Housing Development Corporation Of The District Of Col
Ncba Housing Development Corporation Of The District Of Col (EIN: 521101506) is a nonprofit organization based in Washington, DC, classified under NTEE code L210. The organization reported total revenue of $1.2M and total assets of $40.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ncba Housing Development Corporation Of The District Of Col's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ncba Housing Development Corporation Of The District Of Col is a mid-size nonprofit that has been operating for 48 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $562K |
| Surplus / Deficit | +$638K |
| Total Assets | $33.2M |
| Total Liabilities | $2.7M |
| Net Assets | $30.5M |
| Operating Margin | 53.2% |
| Debt-to-Asset Ratio | 8.2% |
| Months of Reserves | 708.5 months |
Financial Health Grade: A
In 2023, Ncba Housing Development Corporation Of The District Of Col reported a surplus of $638K with revenue exceeding expenses, holds 708.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.2% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Ncba Housing Development Corporation Of The District Of Col's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.1% | -11.1% | +8.9% |
| 2022 | +1.8% | -11.5% | +1.7% |
| 2021 | -19.3% | +26.5% | +2.3% |
| 2020 | -23.0% | -25.6% | +2.1% |
| 2019 | +69.9% | -7.8% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ncba Housing Development Corporation Of The District Of Col 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 Ncba Housing Development Corporation Of The District Of Col 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 $638K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.2%.
Frequently Asked Questions about Ncba Housing Development Corporation Of The District Of Col
Is Ncba Housing Development Corporation Of The District Of Col a legitimate charity?
Ncba Housing Development Corporation Of The District Of Col (EIN: 521101506) is a registered tax-exempt nonprofit based in Washington DC. It has 11 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Ncba Housing Development Corporation Of The District Of Col spend its money?
Ncba Housing Development Corporation Of The District Of Col reported $1.2M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ncba Housing Development Corporation Of The District Of Col tax-deductible?
Ncba Housing Development Corporation Of The District Of Col is registered as a tax-exempt nonprofit (EIN: 521101506). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ncba Housing Development Corporation Of The District Of Col located?
Ncba Housing Development Corporation Of The District Of Col is headquartered in Washington, Washington DC and files with the IRS under EIN 521101506. It is classified under NTEE code L210.
How many years of IRS 990 filings does Ncba Housing Development Corporation Of The District Of Col have?
Ncba Housing Development Corporation Of The District Of Col has 11 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Ncba Housing Development Corporation Of The District Of Col showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Ncba Housing Development Corporation Of The District Of Col's revenue has grown by 2.4%, moving from $1.2M to $1.2M. Total functional expenses fell by 33.4%, from $844K to $562K. In its most recent filing year (2023), Ncba Housing Development Corporation Of The District Of Col reported a surplus of $638K, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $33.2M in assets (debt-to-asset ratio: 8.2%), resulting in net assets of $30.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $562K | $33.2M | $2.7M | — | — |
| 2022 | $974K | $632K | $30.5M | $638K | — | View 990 |
| 2021 | $957K | $714K | $30.0M | $474K | — | View 990 |
| 2020 | $1.2M | $565K | $29.3M | $35K | — | View 990 |
| 2019 | $1.5M | $759K | $28.7M | $42K | — | View 990 |
| 2018 | $907K | $823K | $27.9M | $32K | — | View 990 |
| 2017 | $902K | $864K | $27.8M | $6K | — | — |
| 2015 | $881K | $544K | $27.5M | $5K | — | View 990 |
| 2014 | $2.0M | $288K | $27.3M | $6K | — | View 990 |
| 2013 | $62K | $19K | $26.0M | $0 | — | View 990 |
| 2011 | $1.2M | $844K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $562K, and assets of $33.2M (revenue +23.1% year-over-year).
- 2022: Revenue of $974K, expenses of $632K, and assets of $30.5M (revenue +1.8% year-over-year).
- 2021: Revenue of $957K, expenses of $714K, and assets of $30.0M (revenue -19.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $565K, and assets of $29.3M (revenue -23.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $759K, and assets of $28.7M (revenue +69.9% year-over-year).
- 2018: Revenue of $907K, expenses of $823K, and assets of $27.9M (revenue +0.5% year-over-year).
- 2017: Revenue of $902K, expenses of $864K, and assets of $27.8M (revenue +2.4% year-over-year).
- 2015: Revenue of $881K, expenses of $544K, and assets of $27.5M (revenue -55.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $288K, and assets of $27.3M (revenue +3110.8% year-over-year).
- 2013: Revenue of $62K, expenses of $19K, and assets of $26.0M (revenue -94.7% year-over-year).
- 2011: Revenue of $1.2M, expenses of $844K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ncba Housing Development Corporation Of The District Of Col:
Data Sources and Methodology
This transparency report for Ncba Housing Development Corporation Of The District Of Col 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.