Pennyroyal Housing Alternative Inc
Pennyroyal Housing Alternative Inc. consistently operates at a deficit, with expenses exceeding revenue in most recent years.
EIN: 201720790 · Hopkinsville, KY · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $304K |
| Total Expenses | $91K |
| Program Spending | 70% |
| Net Assets | $-81,834 |
| Transparency Score | 45/100 |
Is Pennyroyal Housing Alternative Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pennyroyal Housing Alternative Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Pennyroyal Housing Alternative Inc
Pennyroyal Housing Alternative Inc (EIN: 201720790) is a nonprofit organization based in Hopkinsville, KY, classified under NTEE code L20. The organization reported total revenue of $304K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pennyroyal Housing Alternative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pennyroyal Housing Alternative Inc is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). 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 | $46K |
| Total Expenses | $91K |
| Surplus / Deficit | $-44,777 |
| Total Assets | $1.9M |
| Total Liabilities | $2.0M |
| Net Assets | $-81,834 |
| Operating Margin | -97.4% |
| Debt-to-Asset Ratio | 104.3% |
| Months of Reserves | 254.4 months |
Financial Health Grade: C
In 2023, Pennyroyal Housing Alternative Inc reported a deficit of $45K with expenses exceeding revenue, holds 254.4 months of operating reserves (strong position), has a debt-to-asset ratio of 104.3% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Pennyroyal Housing Alternative Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.4% | +12.0% | -4.4% |
| 2022 | -5.9% | -11.5% | -1.3% |
| 2021 | +205.0% | -1.5% | -1.2% |
| 2020 | -55.1% | +9.1% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
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 Pennyroyal Housing Alternative Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Pennyroyal Housing Alternative Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 104.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% for all available periods, indicating that no officers received compensation from the organization, which is a positive sign for resource allocation relative to its size and revenue.
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 Pennyroyal Housing Alternative Inc's IRS 990 filings:
- Consistent operating deficits, with expenses exceeding revenue in most recent years (e.g., 2023: $90,728 expenses vs. $45,951 revenue).
- Declining asset base from $2,284,348 in 2014 to $1,923,449 in 2023.
- Liabilities frequently exceed assets, indicating a negative net asset position (e.g., 2023: $2,005,283 liabilities vs. $1,923,449 assets).
- Negative revenue reported in multiple years (e.g., $-6,932 in 2018, $-40,288 in 2017, $-19,765 in 2016).
Strengths
The following positive indicators were identified for Pennyroyal Housing Alternative Inc:
- Consistent reporting of 0% officer compensation, indicating no executive pay from the organization.
- Long history of IRS 990 filings (12 filings), suggesting a commitment to transparency.
Frequently Asked Questions about Pennyroyal Housing Alternative Inc
Is Pennyroyal Housing Alternative Inc a legitimate charity?
Pennyroyal Housing Alternative Inc (EIN: 201720790) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 45/100. It has 12 years of IRS 990 filings on record. Total revenue: $304K. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Pennyroyal Housing Alternative Inc spend its money?
Pennyroyal Housing Alternative Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Pennyroyal Housing Alternative Inc tax-deductible?
Pennyroyal Housing Alternative Inc is registered as a tax-exempt nonprofit (EIN: 201720790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pennyroyal Housing Alternative Inc's spending goes to programs?
Pennyroyal Housing Alternative Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Pennyroyal Housing Alternative Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Pennyroyal Housing Alternative Inc is near average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pennyroyal Housing Alternative Inc located?
Pennyroyal Housing Alternative Inc is headquartered in Hopkinsville, Kentucky and files with the IRS under EIN 201720790. It is classified under NTEE code L20.
How many years of IRS 990 filings does Pennyroyal Housing Alternative Inc have?
Pennyroyal Housing Alternative Inc 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 $304K in total revenue.
Is Pennyroyal Housing Alternative Inc. financially sustainable?
The organization's consistent operating deficits, with expenses exceeding revenue in most recent years (e.g., $90,728 expenses vs. $45,951 revenue in 2023), raise significant concerns about its long-term financial sustainability.
What is the trend in the organization's assets and liabilities?
Assets have gradually declined from $2,284,348 in 2014 to $1,923,449 in 2023, while liabilities have often exceeded assets, such as $2,005,283 in liabilities against $1,923,449 in assets in 2023, indicating a negative net asset position.
How does the organization cover its operating deficits?
The provided data does not specify how the organization covers its consistent operating deficits, but the declining assets and high liabilities suggest it may be drawing down reserves or incurring debt.
Filing History
IRS 990 filing history for Pennyroyal Housing Alternative Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Pennyroyal Housing Alternative Inc's revenue has declined by 15.8%, moving from $55K to $46K. Total assets increased by 18.2% over the same period, from $1.6M to $1.9M. Total functional expenses fell by 41.4%, from $155K to $91K. In its most recent filing year (2023), Pennyroyal Housing Alternative Inc reported a deficit of $45K, with expenses exceeding revenue. The organization holds $2.0M in liabilities against $1.9M in assets (debt-to-asset ratio: 104.3%), resulting in net assets of $-81,834.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $91K | $1.9M | $2.0M | — | — |
| 2022 | $89K | $81K | $2.0M | $2.0M | — | View 990 |
| 2021 | $95K | $92K | $2.0M | $2.0M | — | — |
| 2020 | $31K | $93K | $2.1M | $2.1M | — | View 990 |
| 2019 | $69K | $85K | $2.1M | $2.1M | — | View 990 |
| 2018 | $-6,932 | $100K | $2.1M | $2.1M | — | View 990 |
| 2017 | $-40,288 | $85K | $2.1M | $2.0M | — | View 990 |
| 2016 | $-19,765 | $99K | $2.2M | $1.9M | — | View 990 |
| 2015 | $102K | $211K | $2.2M | $2.4M | — | View 990 |
| 2014 | $76K | $221K | $2.3M | $2.3M | — | View 990 |
| 2013 | $55K | $133K | $2.4M | $2.3M | — | View 990 |
| 2012 | $55K | $155K | $1.6M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46K, expenses of $91K, and assets of $1.9M (revenue -48.4% year-over-year).
- 2022: Revenue of $89K, expenses of $81K, and assets of $2.0M (revenue -5.9% year-over-year).
- 2021: Revenue of $95K, expenses of $92K, and assets of $2.0M (revenue +205.0% year-over-year).
- 2020: Revenue of $31K, expenses of $93K, and assets of $2.1M (revenue -55.1% year-over-year).
- 2019: Revenue of $69K, expenses of $85K, and assets of $2.1M.
- 2018: Revenue of $-6,932, expenses of $100K, and assets of $2.1M.
- 2017: Revenue of $-40,288, expenses of $85K, and assets of $2.1M.
- 2016: Revenue of $-19,765, expenses of $99K, and assets of $2.2M (revenue -119.5% year-over-year).
- 2015: Revenue of $102K, expenses of $211K, and assets of $2.2M (revenue +34.4% year-over-year).
- 2014: Revenue of $76K, expenses of $221K, and assets of $2.3M (revenue +38.2% year-over-year).
- 2013: Revenue of $55K, expenses of $133K, and assets of $2.4M (revenue +0.2% year-over-year).
- 2012: Revenue of $55K, expenses of $155K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pennyroyal Housing Alternative Inc:
Data Sources and Methodology
This transparency report for Pennyroyal Housing Alternative Inc 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.