Partners For Better Housing
Partners For Better Housing shows inconsistent revenue and significant operating deficits in recent years, despite growing assets and no reported officer compensation.
EIN: 204808481 · Elkins, AR · NTEE: L20 · Updated: 2026-03-28
Is Partners For Better Housing Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Partners For Better Housing directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Partners For Better Housing
Partners For Better Housing (EIN: 204808481) is a nonprofit organization based in Elkins, AR, classified under NTEE code L20. The organization reported total revenue of $83K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Partners For Better Housing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Partners For Better Housing is a micro nonprofit that has been operating for 10 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $465K |
| Surplus / Deficit | $-408,520 |
| Total Assets | $3.3M |
| Total Liabilities | $1.1M |
| Net Assets | $2.3M |
| Operating Margin | -726.2% |
| Debt-to-Asset Ratio | 31.8% |
| Months of Reserves | 85.8 months |
Financial Health Grade: B
In 2023, Partners For Better Housing reported a deficit of $409K with expenses exceeding revenue, holds 85.8 months of operating reserves (strong position), has a debt-to-asset ratio of 31.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Partners For Better Housing's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -90.1% | -9.5% | +8.1% |
| 2022 | +90.8% | +89.5% | +22.0% |
| 2021 | +470.4% | +271.6% | +31.2% |
| 2020 | -94.8% | +768.3% | +50.1% |
| 2019 | +2501.6% | +28.3% | +348.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Partners For Better Housing with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Partners For Better Housing allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $409K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid volunteers or their compensation is categorized differently and not disclosed under 'Officer Comp' on the 990s. This suggests a lean leadership structure regarding direct compensation.
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 Partners For Better Housing's IRS 990 filings:
- Significant operating deficits in multiple years (e.g., 2023 expenses $464,773 vs. revenue $56,253; 2020 expenses $72,955 vs. revenue $52,250).
- Large and fluctuating liabilities in recent years ($1,725,366 in 2022, $1,056,528 in 2023) without clear explanation.
- Inconsistent revenue streams, making financial planning and sustainability potentially challenging.
Strengths
The following positive indicators were identified for Partners For Better Housing:
- Consistent growth in assets over the past decade, from $282,986 in 2014 to $3,324,229 in 2023.
- No reported officer compensation across all filings, suggesting a volunteer-driven or highly efficient leadership structure.
- Consistent filing of IRS Form 990s, indicating a commitment to regulatory transparency.
Frequently Asked Questions about Partners For Better Housing
Is Partners For Better Housing a legitimate charity?
Based on AI analysis of IRS 990 filings, Partners For Better Housing (EIN: 204808481) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Partners For Better Housing spend its money?
Partners For Better Housing directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Partners For Better Housing tax-deductible?
Partners For Better Housing is registered as a tax-exempt nonprofit (EIN: 204808481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant operating deficit in 2023, where expenses ($464,773) were nearly eight times revenue ($56,253)?
The provided data does not specify the reasons for the large deficit in 2023. It could be due to one-time capital expenditures, a major program initiative, or a temporary dip in funding. Further analysis of the full 990 form would be needed.
What is the nature of the substantial liabilities reported in 2022 ($1,725,366) and 2023 ($1,056,528)?
The data does not detail the nature of these liabilities. They could represent mortgages, program-related investments, or other debts. Understanding these liabilities is crucial for assessing the organization's long-term financial health.
How does Partners For Better Housing sustain its operations given the fluctuating and sometimes low revenue figures, especially in years like 2023 and 2020?
The organization likely relies on accumulated assets, grants, or other non-operating income sources not fully detailed in the provided revenue figures to cover expenses during periods of low operating revenue.
Filing History
IRS 990 filing history for Partners For Better Housing showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Partners For Better Housing's revenue has declined by 45.1%, moving from $103K to $56K. Total assets increased by 1002.5% over the same period, from $302K to $3.3M. Total functional expenses rose by 776.6%, from $53K to $465K. In its most recent filing year (2023), Partners For Better Housing reported a deficit of $409K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $3.3M in assets (debt-to-asset ratio: 31.8%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $465K | $3.3M | $1.1M | — | — |
| 2022 | $569K | $514K | $3.1M | $1.7M | — | View 990 |
| 2021 | $298K | $271K | $2.5M | $1.2M | — | View 990 |
| 2020 | $52K | $73K | $1.9M | $653K | — | — |
| 2019 | $1.0M | $8K | $1.3M | $0 | — | View 990 |
| 2018 | $39K | $7K | $285K | $0 | — | View 990 |
| 2017 | $35K | $32K | $253K | $0 | — | View 990 |
| 2016 | $125K | $13K | $252K | $3K | — | View 990 |
| 2015 | $36K | $50K | $288K | $106K | — | — |
| 2014 | $500 | $75 | $283K | $118K | — | — |
| 2012 | $36K | $50K | $288K | $106K | — | — |
| 2011 | $103K | $53K | $302K | $100K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $465K, and assets of $3.3M (revenue -90.1% year-over-year).
- 2022: Revenue of $569K, expenses of $514K, and assets of $3.1M (revenue +90.8% year-over-year).
- 2021: Revenue of $298K, expenses of $271K, and assets of $2.5M (revenue +470.4% year-over-year).
- 2020: Revenue of $52K, expenses of $73K, and assets of $1.9M (revenue -94.8% year-over-year).
- 2019: Revenue of $1.0M, expenses of $8K, and assets of $1.3M (revenue +2501.6% year-over-year).
- 2018: Revenue of $39K, expenses of $7K, and assets of $285K (revenue +8.7% year-over-year).
- 2017: Revenue of $35K, expenses of $32K, and assets of $253K (revenue -71.7% year-over-year).
- 2016: Revenue of $125K, expenses of $13K, and assets of $252K (revenue +252.2% year-over-year).
- 2015: Revenue of $36K, expenses of $50K, and assets of $288K (revenue +7014.4% year-over-year).
- 2014: Revenue of $500, expenses of $75, and assets of $283K (revenue -98.6% year-over-year).
- 2012: Revenue of $36K, expenses of $50K, and assets of $288K (revenue -65.3% year-over-year).
- 2011: Revenue of $103K, expenses of $53K, and assets of $302K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Partners For Better Housing:
Data Sources and Methodology
This transparency report for Partners For Better 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.