Neighborhood Housing Inc
Neighborhood Housing Inc. shows volatile revenue but maintains substantial assets with no reported officer compensation.
EIN: 205378350 · Appleton, WI · NTEE: L200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $312K |
| Total Expenses | $7K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Neighborhood Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Neighborhood Housing Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Neighborhood Housing Inc
Neighborhood Housing Inc (EIN: 205378350) is a nonprofit organization based in Appleton, WI, classified under NTEE code L200. The organization reported total revenue of $312K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighborhood Housing Inc is a small nonprofit that has been operating for 19 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -98.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $7K |
| Surplus / Deficit | +$5K |
| Total Assets | $1.0M |
| Total Liabilities | $4K |
| Net Assets | $1.0M |
| Operating Margin | 43.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 1829.8 months |
Financial Health Grade: A
In 2023, Neighborhood Housing Inc reported a surplus of $5K with revenue exceeding expenses, holds 1829.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Neighborhood Housing Inc's revenue has declined at a compound annual growth rate (CAGR) of -98.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -98.5% | -37.1% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Neighborhood Housing Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Neighborhood Housing Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation was reported as 0% in both 2022 and 2023 filings, indicating that no officers received compensation from the organization during those periods, which is highly favorable for a nonprofit of its size with assets exceeding $2 million.
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 Housing Inc's IRS 990 filings:
- Highly volatile revenue stream (from $763,637 to $11,810 then $311,968)
- Discrepancy between substantial assets and very low reported expenses, which might indicate underreporting of operational costs or significant reliance on non-cash support.
Strengths
The following positive indicators were identified for Neighborhood Housing Inc:
- Strong asset base ($2,249,350) providing financial stability.
- Zero reported officer compensation in recent filings, indicating efficient use of funds for leadership.
- Very low reported expenses relative to assets, suggesting a lean operational structure.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Neighborhood Housing Inc
Is Neighborhood Housing Inc a legitimate charity?
Neighborhood Housing Inc (EIN: 205378350) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 85/100. It has 2 years of IRS 990 filings on record. Total revenue: $312K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Neighborhood Housing Inc spend its money?
Neighborhood Housing Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Neighborhood Housing Inc tax-deductible?
Neighborhood Housing Inc is registered as a tax-exempt nonprofit (EIN: 205378350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Neighborhood Housing Inc CEO make?
Neighborhood Housing Inc's highest-compensated officer earns $2 annually. The organization reported $312K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Neighborhood Housing Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Neighborhood Housing Inc is above average for NTEE category L200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Neighborhood Housing Inc located?
Neighborhood Housing Inc is headquartered in Appleton, Wisconsin and files with the IRS under EIN 205378350. It is classified under NTEE code L200.
How many years of IRS 990 filings does Neighborhood Housing Inc have?
Neighborhood Housing Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $312K in total revenue.
Is Neighborhood Housing Inc. a good charity?
Based on the available data, Neighborhood Housing Inc. appears to be a good charity, particularly due to its strong asset base ($2,249,350), very low reported expenses relative to assets in recent years, and 0% officer compensation. The significant assets suggest long-term stability and capacity to fulfill its mission, despite revenue fluctuations.
What caused the significant revenue drop from 2022 to 2023?
The IRS 990 data shows a substantial drop in revenue from $763,637 in 2022 to $11,810 in 2023. Without more detailed financial statements, the exact cause is unclear, but it could be due to the completion of a major grant, a one-time donation in 2022, or a change in funding strategy. The latest revenue of $311,968 indicates some recovery.
How does Neighborhood Housing Inc. manage its expenses?
The organization has reported remarkably low expenses in recent periods ($10,698 in 2022 and $6,727 in 2023) compared to its assets and even its latest revenue. This suggests a highly lean operational model or that a significant portion of its activities are supported by non-cash contributions or volunteer efforts not fully reflected in these expense figures.
Filing History
IRS 990 filing history for Neighborhood Housing Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Neighborhood Housing Inc's revenue has declined by 98.5%, moving from $764K to $12K. Total assets decreased by 0.1% over the same period, from $1.0M to $1.0M. Total functional expenses fell by 37.1%, from $11K to $7K. In its most recent filing year (2023), Neighborhood Housing Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $4K in liabilities against $1.0M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $7K | $1.0M | $4K | — | View 990 |
| 2022 | $764K | $11K | $1.0M | $10K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighborhood Housing Inc:
Data Sources and Methodology
This transparency report for Neighborhood 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.