Partnership Housing Of Southwest Alabama
EIN: 811633121 · Mobile, AL · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $351K |
| Total Expenses | $401K |
| Net Assets | $1.4M |
Is Partnership Housing Of Southwest Alabama Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Partnership Housing Of Southwest Alabama
Partnership Housing Of Southwest Alabama (EIN: 811633121) is a nonprofit organization based in Mobile, AL, classified under NTEE code L21. The organization reported total revenue of $351K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Partnership Housing Of Southwest Alabama's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Partnership Housing Of Southwest Alabama is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 28.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $296K |
| Total Expenses | $401K |
| Surplus / Deficit | $-104,696 |
| Total Assets | $1.5M |
| Total Liabilities | $85K |
| Net Assets | $1.4M |
| Operating Margin | -35.4% |
| Debt-to-Asset Ratio | 5.6% |
| Months of Reserves | 45.3 months |
Financial Health Grade: B
In 2023, Partnership Housing Of Southwest Alabama reported a deficit of $105K with expenses exceeding revenue, holds 45.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.6% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Partnership Housing Of Southwest Alabama's revenue has grown at a compound annual growth rate (CAGR) of 28.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.3% | -2.3% | -5.1% |
| 2022 | +70.0% | +4.4% | +2.0% |
| 2021 | -41.7% | -46.2% | -13.8% |
| 2020 | -0.7% | +30.2% | -9.4% |
| 2019 | -80.4% | +169.1% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Partnership Housing Of Southwest Alabama 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 Partnership Housing Of Southwest Alabama 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 $105K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.6%.
Frequently Asked Questions about Partnership Housing Of Southwest Alabama
Is Partnership Housing Of Southwest Alabama a legitimate charity?
Partnership Housing Of Southwest Alabama (EIN: 811633121) is a registered tax-exempt nonprofit based in Alabama. It has 7 years of IRS 990 filings on record. Total revenue: $351K. No red flags identified. Financial health grade: B.
How does Partnership Housing Of Southwest Alabama spend its money?
Partnership Housing Of Southwest Alabama reported $351K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Partnership Housing Of Southwest Alabama tax-deductible?
Partnership Housing Of Southwest Alabama is registered as a tax-exempt nonprofit (EIN: 811633121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Partnership Housing Of Southwest Alabama located?
Partnership Housing Of Southwest Alabama is headquartered in Mobile, Alabama and files with the IRS under EIN 811633121. It is classified under NTEE code L21.
How many years of IRS 990 filings does Partnership Housing Of Southwest Alabama have?
Partnership Housing Of Southwest Alabama has 7 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 $351K in total revenue.
Filing History
IRS 990 filing history for Partnership Housing Of Southwest Alabama showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Partnership Housing Of Southwest Alabama's revenue has grown by 358.3%, moving from $65K to $296K. Total assets increased by 45049.6% over the same period, from $3K to $1.5M. Total functional expenses rose by 488.2%, from $68K to $401K. In its most recent filing year (2023), Partnership Housing Of Southwest Alabama reported a deficit of $105K, with expenses exceeding revenue. The organization holds $85K in liabilities against $1.5M in assets (debt-to-asset ratio: 5.6%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $296K | $401K | $1.5M | $85K | — | — |
| 2022 | $437K | $410K | $1.6M | $62K | — | View 990 |
| 2021 | $257K | $393K | $1.6M | $59K | — | — |
| 2020 | $441K | $730K | $1.8M | $173K | — | View 990 |
| 2019 | $444K | $560K | $2.0M | $74K | — | View 990 |
| 2018 | $2.3M | $208K | $2.1M | $60K | — | View 990 |
| 2017 | $65K | $68K | $3K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $296K, expenses of $401K, and assets of $1.5M (revenue -32.3% year-over-year).
- 2022: Revenue of $437K, expenses of $410K, and assets of $1.6M (revenue +70.0% year-over-year).
- 2021: Revenue of $257K, expenses of $393K, and assets of $1.6M (revenue -41.7% year-over-year).
- 2020: Revenue of $441K, expenses of $730K, and assets of $1.8M (revenue -0.7% year-over-year).
- 2019: Revenue of $444K, expenses of $560K, and assets of $2.0M (revenue -80.4% year-over-year).
- 2018: Revenue of $2.3M, expenses of $208K, and assets of $2.1M (revenue +3417.4% year-over-year).
- 2017: Revenue of $65K, expenses of $68K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Partnership Housing Of Southwest Alabama:
Data Sources and Methodology
This transparency report for Partnership Housing Of Southwest Alabama 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.