Preservation Housing Partners

Preservation Housing Partners maintains stable finances with no reported officer compensation.

EIN: 203708317 · Bloomfld Hls, MI · NTEE: L21 · Updated: 2026-03-28

$6.2MRevenue

$23.0MAssets

85/100Mission Score (Excellent)

L21

About Preservation Housing Partners

Preservation Housing Partners (EIN: 203708317) is a nonprofit organization based in Bloomfld Hls, MI, classified under NTEE code L21. The organization reported total revenue of $6.2M and total assets of $23.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Preservation Housing Partners's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Preservation Housing Partners demonstrates consistent financial activity, with revenues and expenses generally in the range of $2.8 million to $4.5 million over the past decade. The organization's assets have shown growth, reaching $17.3 million in 2023 from $16.4 million in 2014, indicating a stable asset base. However, liabilities have also increased, from $9.2 million in 2014 to $9.6 million in 2023, suggesting a reliance on debt financing or other obligations. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances public trust and suggests efficient use of resources at the leadership level.

While the provided data lacks a detailed breakdown of program, administrative, and fundraising expenses, the consistent reporting of 0% officer compensation is a significant positive for transparency. The organization's financial health appears stable, with assets consistently exceeding liabilities, though the margin has fluctuated. For instance, in 2023, assets were $17,320,379 against liabilities of $9,624,440, showing a healthy equity position. The consistent filing of IRS 990s over 13 periods further demonstrates a commitment to regulatory compliance and financial transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Preservation Housing Partners with a Mission Score of 85 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, Preservation Housing Partners 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.

Executive Compensation Analysis

Preservation Housing Partners consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries. This is highly unusual for an organization with assets exceeding $17 million and annual expenses in the millions, suggesting either a volunteer-led executive team or compensation is categorized differently, which would warrant further investigation for complete transparency.

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 Preservation Housing Partners's IRS 990 filings:

Lack of detailed expense breakdown (program vs. admin vs. fundraising) in summary data
Unusually low (0%) reported officer compensation for an organization of this size, warranting further investigation into how leadership is compensated or structured.

Strengths

The following positive indicators were identified for Preservation Housing Partners:

Consistent IRS 990 filing history (13 filings) demonstrating transparency and compliance.
Stable asset base with assets consistently exceeding liabilities.
No reported officer compensation, suggesting a strong commitment to directing funds towards the mission or a volunteer-led executive structure.
Positive net assets, indicating financial stability.

Frequently Asked Questions about Preservation Housing Partners

How does Preservation Housing Partners manage its executive leadership without reported officer compensation?

The IRS 990 filings consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation for key management personnel is reported under different expense categories, which would require a deeper dive into the full 990 forms to clarify.

What is the organization's strategy for managing its increasing liabilities?

Liabilities have fluctuated but generally increased over the decade, from $9.2 million in 2014 to $9.6 million in 2023. While assets have also grown, understanding the nature of these liabilities (e.g., mortgages on properties, program-related debt) is crucial for assessing long-term financial risk.

What is the specific breakdown of program, administrative, and fundraising expenses?

The provided summary data does not offer a detailed breakdown of these expense categories. A full IRS 990 would be needed to determine the exact percentages allocated to programs, administration, and fundraising, which are key indicators of spending efficiency.

Filing History

IRS 990 filing history for Preservation Housing Partners showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Preservation Housing Partners's revenue has grown by 59.5%, moving from $2.0M to $3.2M. Total assets increased by 9.8% over the same period, from $15.8M to $17.3M. Total functional expenses rose by 55.5%, from $2.2M to $3.5M. In its most recent filing year (2023), Preservation Housing Partners reported a deficit of $287K, with expenses exceeding revenue. The organization holds $9.6M in liabilities against $17.3M in assets (debt-to-asset ratio: 55.6%), resulting in net assets of $7.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.2M	$3.5M	$17.3M	$9.6M	—	—
2022	$2.9M	$3.1M	$17.7M	$9.8M	—	View 990
2021	$4.6M	$3.3M	$17.7M	$10.0M	—	View 990
2020	$3.4M	$3.7M	$19.8M	$12.7M	—	View 990
2019	$3.1M	$3.8M	$21.2M	$14.7M	—	View 990
2018	$4.3M	$4.1M	$20.0M	$12.5M	—	View 990
2017	$3.2M	$3.6M	$18.4M	$11.2M	—	View 990
2016	$4.2M	$3.5M	$17.4M	$9.7M	—	View 990
2015	$3.1M	$3.3M	$17.2M	$10.2M	—	View 990
2014	$3.3M	$3.6M	$16.4M	$9.2M	—	View 990
2013	$3.4M	$3.4M	$17.0M	$9.5M	—	View 990
2012	$5.7M	$5.4M	$17.2M	$9.7M	—	View 990
2011	$2.0M	$2.2M	$15.8M	$8.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.2M, expenses of $3.5M, and assets of $17.3M (revenue +10.2% year-over-year).
2022: Revenue of $2.9M, expenses of $3.1M, and assets of $17.7M (revenue -37.1% year-over-year).
2021: Revenue of $4.6M, expenses of $3.3M, and assets of $17.7M (revenue +33.7% year-over-year).
2020: Revenue of $3.4M, expenses of $3.7M, and assets of $19.8M (revenue +11.3% year-over-year).
2019: Revenue of $3.1M, expenses of $3.8M, and assets of $21.2M (revenue -28.4% year-over-year).
2018: Revenue of $4.3M, expenses of $4.1M, and assets of $20.0M (revenue +36.0% year-over-year).
2017: Revenue of $3.2M, expenses of $3.6M, and assets of $18.4M (revenue -24.6% year-over-year).
2016: Revenue of $4.2M, expenses of $3.5M, and assets of $17.4M (revenue +36.9% year-over-year).
2015: Revenue of $3.1M, expenses of $3.3M, and assets of $17.2M (revenue -7.2% year-over-year).
2014: Revenue of $3.3M, expenses of $3.6M, and assets of $16.4M (revenue -2.7% year-over-year).
2013: Revenue of $3.4M, expenses of $3.4M, and assets of $17.0M (revenue -40.9% year-over-year).
2012: Revenue of $5.7M, expenses of $5.4M, and assets of $17.2M (revenue +188.6% year-over-year).
2011: Revenue of $2.0M, expenses of $2.2M, and assets of $15.8M.

Data Sources and Methodology

This transparency report for Preservation Housing Partners 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.