New Boston Kiwanis Housing Development Corporation
EIN: 310793050 · New Boston, OH
| Metric | Value |
|---|---|
| Total Revenue | $847K |
| Total Expenses | $805K |
| Net Assets | $997K |
Is New Boston Kiwanis Housing Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Boston Kiwanis Housing Development Corporation
New Boston Kiwanis Housing Development Corporation (EIN: 310793050) is a nonprofit organization based in New Boston, OH. The organization reported total revenue of $847K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Boston Kiwanis Housing Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Boston Kiwanis Housing Development Corporation is a small nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $798K |
| Total Expenses | $805K |
| Surplus / Deficit | $-6,768 |
| Total Assets | $1.5M |
| Total Liabilities | $488K |
| Net Assets | $997K |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 32.9% |
| Months of Reserves | 22.1 months |
Financial Health Grade: B
In 2023, New Boston Kiwanis Housing Development Corporation reported a deficit of $7K with expenses exceeding revenue, holds 22.1 months of operating reserves (strong position), has a debt-to-asset ratio of 32.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Boston Kiwanis Housing Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | +5.0% | -3.6% |
| 2022 | +7.2% | +7.4% | -2.8% |
| 2021 | +4.0% | +3.0% | +38.7% |
| 2020 | +3.4% | +2.1% | +1.2% |
| 2019 | +1.2% | -2.8% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Boston Kiwanis Housing Development Corporation 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 New Boston Kiwanis Housing Development Corporation 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.9%.
Frequently Asked Questions about New Boston Kiwanis Housing Development Corporation
Is New Boston Kiwanis Housing Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, New Boston Kiwanis Housing Development Corporation (EIN: 310793050) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Boston Kiwanis Housing Development Corporation spend its money?
Detailed spending breakdown data is not yet available for New Boston Kiwanis Housing Development Corporation. Check back for updated IRS 990 analysis.
Are donations to New Boston Kiwanis Housing Development Corporation tax-deductible?
New Boston Kiwanis Housing Development Corporation is registered as a tax-exempt nonprofit (EIN: 310793050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Boston Kiwanis Housing Development Corporation located?
New Boston Kiwanis Housing Development Corporation is headquartered in New Boston, Ohio and files with the IRS under EIN 310793050.
How many years of IRS 990 filings does New Boston Kiwanis Housing Development Corporation have?
New Boston Kiwanis Housing Development Corporation 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 $847K in total revenue.
Filing History
IRS 990 filing history for New Boston Kiwanis Housing Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Boston Kiwanis Housing Development Corporation's revenue has grown by 20.6%, moving from $662K to $798K. Total assets increased by 103.7% over the same period, from $729K to $1.5M. Total functional expenses rose by 28.7%, from $625K to $805K. In its most recent filing year (2023), New Boston Kiwanis Housing Development Corporation reported a deficit of $7K, with expenses exceeding revenue. The organization holds $488K in liabilities against $1.5M in assets (debt-to-asset ratio: 32.9%), resulting in net assets of $997K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $798K | $805K | $1.5M | $488K | — | View 990 |
| 2022 | $854K | $766K | $1.5M | $536K | — | View 990 |
| 2021 | $797K | $713K | $1.6M | $667K | — | — |
| 2020 | $766K | $693K | $1.1M | $309K | — | View 990 |
| 2019 | $741K | $678K | $1.1M | $369K | — | — |
| 2018 | $732K | $697K | $1.2M | $417K | — | View 990 |
| 2017 | $710K | $687K | $1.1M | $424K | — | View 990 |
| 2016 | $700K | $693K | $1.2M | $469K | — | View 990 |
| 2015 | $691K | $619K | $1.5M | $503K | — | View 990 |
| 2014 | $678K | $660K | $1.2M | $549K | — | View 990 |
| 2013 | $670K | $621K | $646K | $59K | — | View 990 |
| 2012 | $664K | $587K | $659K | $121K | — | View 990 |
| 2011 | $662K | $625K | $729K | $269K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $798K, expenses of $805K, and assets of $1.5M (revenue -6.6% year-over-year).
- 2022: Revenue of $854K, expenses of $766K, and assets of $1.5M (revenue +7.2% year-over-year).
- 2021: Revenue of $797K, expenses of $713K, and assets of $1.6M (revenue +4.0% year-over-year).
- 2020: Revenue of $766K, expenses of $693K, and assets of $1.1M (revenue +3.4% year-over-year).
- 2019: Revenue of $741K, expenses of $678K, and assets of $1.1M (revenue +1.2% year-over-year).
- 2018: Revenue of $732K, expenses of $697K, and assets of $1.2M (revenue +3.2% year-over-year).
- 2017: Revenue of $710K, expenses of $687K, and assets of $1.1M (revenue +1.4% year-over-year).
- 2016: Revenue of $700K, expenses of $693K, and assets of $1.2M (revenue +1.4% year-over-year).
- 2015: Revenue of $691K, expenses of $619K, and assets of $1.5M (revenue +1.9% year-over-year).
- 2014: Revenue of $678K, expenses of $660K, and assets of $1.2M (revenue +1.2% year-over-year).
- 2013: Revenue of $670K, expenses of $621K, and assets of $646K (revenue +0.8% year-over-year).
- 2012: Revenue of $664K, expenses of $587K, and assets of $659K (revenue +0.4% year-over-year).
- 2011: Revenue of $662K, expenses of $625K, and assets of $729K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Boston Kiwanis Housing Development Corporation:
Data Sources and Methodology
This transparency report for New Boston Kiwanis Housing Development Corporation 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.