Northwest Regional Housing Development Corporation
EIN: 710830615 · Harrison, AR · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $21K |
| Net Assets | $241K |
Is Northwest Regional 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 Northwest Regional Housing Development Corporation
Northwest Regional Housing Development Corporation (EIN: 710830615) is a nonprofit organization based in Harrison, AR, classified under NTEE code L20. The organization reported total revenue of $13K and total assets of $275K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwest Regional Housing Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwest Regional Housing Development Corporation is a micro nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -31.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $21K |
| Surplus / Deficit | $-17,931 |
| Total Assets | $278K |
| Total Liabilities | $37K |
| Net Assets | $241K |
| Operating Margin | -586.4% |
| Debt-to-Asset Ratio | 13.3% |
| Months of Reserves | 158.9 months |
Financial Health Grade: B
In 2023, Northwest Regional Housing Development Corporation reported a deficit of $18K with expenses exceeding revenue, holds 158.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northwest Regional Housing Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -31.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.5% | -44.0% | -4.9% |
| 2022 | +86.3% | -11.7% | -11.0% |
| 2021 | -97.5% | +5.9% | -9.9% |
| 2020 | -7.8% | -51.7% | +9.4% |
| 2019 | +263.1% | +80.5% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northwest Regional 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 Northwest Regional 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 $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.3%.
Frequently Asked Questions about Northwest Regional Housing Development Corporation
Is Northwest Regional Housing Development Corporation a legitimate charity?
Northwest Regional Housing Development Corporation (EIN: 710830615) is a registered tax-exempt nonprofit based in Arkansas. It has 13 years of IRS 990 filings on record. Total revenue: $13K. No red flags identified. Financial health grade: B.
How does Northwest Regional Housing Development Corporation spend its money?
Northwest Regional Housing Development Corporation reported $13K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northwest Regional Housing Development Corporation tax-deductible?
Northwest Regional Housing Development Corporation is registered as a tax-exempt nonprofit (EIN: 710830615). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northwest Regional Housing Development Corporation located?
Northwest Regional Housing Development Corporation is headquartered in Harrison, Arkansas and files with the IRS under EIN 710830615. It is classified under NTEE code L20.
How many years of IRS 990 filings does Northwest Regional Housing Development Corporation have?
Northwest Regional 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 $13K in total revenue.
Filing History
IRS 990 filing history for Northwest Regional Housing Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northwest Regional Housing Development Corporation's revenue has declined by 99%, moving from $292K to $3K. Total assets decreased by 25.3% over the same period, from $372K to $278K. Total functional expenses rose by 171.2%, from $8K to $21K. In its most recent filing year (2023), Northwest Regional Housing Development Corporation reported a deficit of $18K, with expenses exceeding revenue. The organization holds $37K in liabilities against $278K in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $241K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $21K | $278K | $37K | — | — |
| 2022 | $3K | $37K | $292K | $33K | — | View 990 |
| 2021 | $2K | $42K | $328K | $33K | — | — |
| 2020 | $71K | $40K | $365K | $33K | — | — |
| 2019 | $77K | $83K | $333K | $33K | — | View 990 |
| 2018 | $21K | $46K | $349K | $43K | — | View 990 |
| 2017 | $24K | $71K | $374K | $43K | — | View 990 |
| 2016 | $50K | $72K | $412K | $34K | — | View 990 |
| 2015 | $177K | $60K | $412K | $13K | — | View 990 |
| 2014 | $12K | $35K | $283K | $21 | — | View 990 |
| 2013 | $20K | $29K | $305K | $170 | — | View 990 |
| 2012 | $69K | $76K | $320K | $6K | — | View 990 |
| 2011 | $292K | $8K | $372K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $21K, and assets of $278K (revenue -6.5% year-over-year).
- 2022: Revenue of $3K, expenses of $37K, and assets of $292K (revenue +86.3% year-over-year).
- 2021: Revenue of $2K, expenses of $42K, and assets of $328K (revenue -97.5% year-over-year).
- 2020: Revenue of $71K, expenses of $40K, and assets of $365K (revenue -7.8% year-over-year).
- 2019: Revenue of $77K, expenses of $83K, and assets of $333K (revenue +263.1% year-over-year).
- 2018: Revenue of $21K, expenses of $46K, and assets of $349K (revenue -12.4% year-over-year).
- 2017: Revenue of $24K, expenses of $71K, and assets of $374K (revenue -51.2% year-over-year).
- 2016: Revenue of $50K, expenses of $72K, and assets of $412K (revenue -71.9% year-over-year).
- 2015: Revenue of $177K, expenses of $60K, and assets of $412K (revenue +1331.8% year-over-year).
- 2014: Revenue of $12K, expenses of $35K, and assets of $283K (revenue -38.7% year-over-year).
- 2013: Revenue of $20K, expenses of $29K, and assets of $305K (revenue -70.7% year-over-year).
- 2012: Revenue of $69K, expenses of $76K, and assets of $320K (revenue -76.4% year-over-year).
- 2011: Revenue of $292K, expenses of $8K, and assets of $372K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwest Regional Housing Development Corporation:
Data Sources and Methodology
This transparency report for Northwest Regional 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.