Neighborhood Capital Funding Inc
Neighborhood Capital Funding Inc shows consistent asset growth and no reported officer compensation.
EIN: 113829932 · Lansing, MI · NTEE: L192 · Updated: 2026-03-28
Is Neighborhood Capital Funding Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Neighborhood Capital Funding Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Neighborhood Capital Funding Inc
Neighborhood Capital Funding Inc (EIN: 113829932) is a nonprofit organization based in Lansing, MI, classified under NTEE code L192. The organization reported total revenue of $2.0M and total assets of $18.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood Capital Funding Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Neighborhood Capital Funding Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Neighborhood Capital Funding Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, directors, trustees, or key employees, or that these roles are filled by unpaid volunteers. This is a notable characteristic for an organization of its size and asset base.
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 Neighborhood Capital Funding Inc's IRS 990 filings:
- Significant increase in liabilities alongside assets, suggesting reliance on debt financing.
Strengths
The following positive indicators were identified for Neighborhood Capital Funding Inc:
- Consistent and substantial asset growth, from $343,685 in 2015 to $18,474,393 currently.
- Steady revenue growth over the past decade, indicating increasing operational capacity.
- Consistent reporting of 0% officer compensation, suggesting high transparency or volunteer leadership.
- Generally positive net income (revenue exceeding expenses) in most filing periods.
Frequently Asked Questions about Neighborhood Capital Funding Inc
Is Neighborhood Capital Funding Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Neighborhood Capital Funding Inc (EIN: 113829932) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Neighborhood Capital Funding Inc spend its money?
Neighborhood Capital Funding Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Neighborhood Capital Funding Inc tax-deductible?
Neighborhood Capital Funding Inc is registered as a tax-exempt nonprofit (EIN: 113829932). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Neighborhood Capital Funding Inc a good charity?
Based on the available IRS 990 data, Neighborhood Capital Funding Inc appears to be a well-managed organization with strong financial health, consistent growth, and a high degree of transparency regarding executive compensation (reporting 0%). Its substantial asset base and consistent revenue growth suggest a robust capacity to fulfill its mission.
How has Neighborhood Capital Funding Inc's financial health changed over time?
The organization has experienced significant financial growth, with revenue increasing from $698,371 in 2015 to $1,977,374 currently, and assets skyrocketing from $343,685 to $18,474,393 over the same period. This indicates a strong and expanding financial position.
What is the organization's approach to executive compensation?
Neighborhood Capital Funding Inc consistently reports 0% officer compensation in its IRS 990 filings, suggesting that its officers, directors, and key employees are either unpaid volunteers or compensated through mechanisms not reported as officer compensation on the 990 form.
Filing History
IRS 990 filing history for Neighborhood Capital Funding Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Neighborhood Capital Funding Inc's revenue has grown by 408%, moving from $354K to $1.8M. Total assets increased by 9791.1% over the same period, from $176K to $17.4M. Total functional expenses rose by 416.3%, from $349K to $1.8M. In its most recent filing year (2024), Neighborhood Capital Funding Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $16.3M in liabilities against $17.4M in assets (debt-to-asset ratio: 93.4%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.8M | $1.8M | $17.4M | $16.3M | — | View 990 |
| 2023 | $1.6M | $1.6M | $15.1M | $14.0M | — | View 990 |
| 2022 | $1.7M | $1.5M | $14.1M | $13.0M | — | View 990 |
| 2021 | $1.7M | $1.5M | $13.7M | $12.7M | — | View 990 |
| 2020 | $1.6M | $1.5M | $12.3M | $11.7M | — | View 990 |
| 2019 | $1.4M | $1.3M | $3.5M | $3.0M | — | View 990 |
| 2018 | $1.2M | $1.1M | $3.6M | $3.2M | — | View 990 |
| 2017 | $973K | $878K | $2.2M | $1.8M | — | View 990 |
| 2016 | $737K | $720K | $356K | $82K | — | View 990 |
| 2015 | $698K | $600K | $344K | $87K | — | View 990 |
| 2014 | $487K | $476K | $241K | $83K | — | View 990 |
| 2013 | $438K | $398K | $214K | $68K | — | View 990 |
| 2012 | $354K | $349K | $176K | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.8M, expenses of $1.8M, and assets of $17.4M (revenue +10.0% year-over-year).
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $15.1M (revenue -2.4% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.5M, and assets of $14.1M (revenue -2.7% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.5M, and assets of $13.7M (revenue +5.1% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.5M, and assets of $12.3M (revenue +17.5% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $3.5M (revenue +18.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $3.6M (revenue +21.1% year-over-year).
- 2017: Revenue of $973K, expenses of $878K, and assets of $2.2M (revenue +32.0% year-over-year).
- 2016: Revenue of $737K, expenses of $720K, and assets of $356K (revenue +5.6% year-over-year).
- 2015: Revenue of $698K, expenses of $600K, and assets of $344K (revenue +43.5% year-over-year).
- 2014: Revenue of $487K, expenses of $476K, and assets of $241K (revenue +11.1% year-over-year).
- 2013: Revenue of $438K, expenses of $398K, and assets of $214K (revenue +23.7% year-over-year).
- 2012: Revenue of $354K, expenses of $349K, and assets of $176K.
Data Sources and Methodology
This transparency report for Neighborhood Capital Funding 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.