North Haven Sustainable Housing
North Haven Sustainable Housing consistently grows assets and revenue with zero reported officer compensation.
EIN: 203828493 · North Haven, ME · NTEE: L80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $884K |
| Total Expenses | $224K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.7M |
| Transparency Score | 92/100 |
Is North Haven Sustainable Housing Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Haven Sustainable Housing directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Haven Sustainable Housing
North Haven Sustainable Housing (EIN: 203828493) is a nonprofit organization based in North Haven, ME, classified under NTEE code L80. The organization reported total revenue of $884K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Haven Sustainable Housing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Haven Sustainable Housing is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $738K |
| Total Expenses | $224K |
| Surplus / Deficit | +$514K |
| Total Assets | $2.1M |
| Total Liabilities | $413K |
| Net Assets | $1.7M |
| Operating Margin | 69.7% |
| Debt-to-Asset Ratio | 19.6% |
| Months of Reserves | 113.1 months |
Financial Health Grade: A
In 2023, North Haven Sustainable Housing reported a surplus of $514K with revenue exceeding expenses, holds 113.1 months of operating reserves (strong position), has a debt-to-asset ratio of 19.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), North Haven Sustainable Housing's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +113.2% | +13.8% | +31.7% |
| 2022 | +9.9% | +20.3% | +26.2% |
| 2021 | +76.1% | +119.8% | +12.9% |
| 2020 | -16.0% | -35.0% | +10.0% |
| 2019 | -12.6% | -96.5% | +26.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 North Haven Sustainable Housing 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, North Haven Sustainable Housing allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $514K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.6%.
Executive Compensation Analysis
North Haven Sustainable Housing reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable 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 North Haven Sustainable Housing's IRS 990 filings:
- Unexplained significant expense spike in 2018 ($3,281,704 vs. $243,778 revenue)
Strengths
The following positive indicators were identified for North Haven Sustainable Housing:
- Zero reported officer compensation across all filings
- Consistent asset growth from $498,960 (2013) to $2,110,700 (2023)
- Strong financial health with revenues consistently exceeding expenses in recent years (e.g., 2023 revenue $738,369 vs. expenses $223,991)
- High spending efficiency, directing resources towards its mission
- Low liabilities relative to assets, indicating financial stability
Frequently Asked Questions about North Haven Sustainable Housing
Is North Haven Sustainable Housing a legitimate charity?
Based on AI analysis of IRS 990 filings, North Haven Sustainable Housing (EIN: 203828493) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does North Haven Sustainable Housing spend its money?
North Haven Sustainable Housing directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Haven Sustainable Housing tax-deductible?
North Haven Sustainable Housing is registered as a tax-exempt nonprofit (EIN: 203828493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the North Haven Sustainable Housing CEO make?
North Haven Sustainable Housing's highest-compensated officer earns $2 annually. The organization reported $884K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of North Haven Sustainable Housing's spending goes to programs?
North Haven Sustainable Housing directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North Haven Sustainable Housing compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), North Haven Sustainable Housing is above average for NTEE category L80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Haven Sustainable Housing located?
North Haven Sustainable Housing is headquartered in North Haven, Maine and files with the IRS under EIN 203828493. It is classified under NTEE code L80.
How many years of IRS 990 filings does North Haven Sustainable Housing have?
North Haven Sustainable Housing has 12 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 $884K in total revenue.
Is North Haven Sustainable Housing a good charity?
Based on its financial data, North Haven Sustainable Housing appears to be a very good charity. It demonstrates strong financial health, efficient spending, and a clear commitment to its mission by not paying officer compensation.
What caused the significant expense spike in 2018?
In 2018, expenses were $3,281,704 against revenue of $243,778. This significant spike is an outlier and would warrant further investigation to understand if it was a major capital investment, a one-time project, or an accounting adjustment.
How has the organization's asset base changed over time?
Excluding the 2018 dip, North Haven Sustainable Housing has shown consistent and substantial asset growth, from $498,960 in 2013 to $2,110,700 in 2023, indicating strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for North Haven Sustainable Housing showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), North Haven Sustainable Housing's revenue has grown by 56.8%, moving from $471K to $738K. Total assets increased by 301.9% over the same period, from $525K to $2.1M. Total functional expenses rose by 1278.3%, from $16K to $224K. In its most recent filing year (2023), North Haven Sustainable Housing reported a surplus of $514K, with revenue exceeding expenses. The organization holds $413K in liabilities against $2.1M in assets (debt-to-asset ratio: 19.6%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $738K | $224K | $2.1M | $413K | — | — |
| 2022 | $346K | $197K | $1.6M | $419K | — | View 990 |
| 2021 | $315K | $164K | $1.3M | $237K | — | View 990 |
| 2020 | $179K | $74K | $1.1M | $239K | — | View 990 |
| 2019 | $213K | $115K | $1.0M | $242K | — | View 990 |
| 2018 | $244K | $3.3M | $810K | $114K | — | View 990 |
| 2017 | $837K | $334K | $4.8M | $1.1M | — | View 990 |
| 2016 | $1.7M | $112K | $4.1M | $835K | — | View 990 |
| 2015 | $1.2M | $60K | $2.1M | $502K | — | View 990 |
| 2013 | $46K | $35K | $499K | $10K | — | View 990 |
| 2012 | $38K | $22K | $539K | $61K | — | View 990 |
| 2011 | $471K | $16K | $525K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $738K, expenses of $224K, and assets of $2.1M (revenue +113.2% year-over-year).
- 2022: Revenue of $346K, expenses of $197K, and assets of $1.6M (revenue +9.9% year-over-year).
- 2021: Revenue of $315K, expenses of $164K, and assets of $1.3M (revenue +76.1% year-over-year).
- 2020: Revenue of $179K, expenses of $74K, and assets of $1.1M (revenue -16.0% year-over-year).
- 2019: Revenue of $213K, expenses of $115K, and assets of $1.0M (revenue -12.6% year-over-year).
- 2018: Revenue of $244K, expenses of $3.3M, and assets of $810K (revenue -70.9% year-over-year).
- 2017: Revenue of $837K, expenses of $334K, and assets of $4.8M (revenue -51.3% year-over-year).
- 2016: Revenue of $1.7M, expenses of $112K, and assets of $4.1M (revenue +45.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $60K, and assets of $2.1M (revenue +2444.0% year-over-year).
- 2013: Revenue of $46K, expenses of $35K, and assets of $499K (revenue +22.7% year-over-year).
- 2012: Revenue of $38K, expenses of $22K, and assets of $539K (revenue -92.0% year-over-year).
- 2011: Revenue of $471K, expenses of $16K, and assets of $525K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Haven Sustainable Housing:
Data Sources and Methodology
This transparency report for North Haven Sustainable Housing 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.