Prime Community Housing And Development
EIN: 541540461 · Queenstown, MD · NTEE: S31Z
| Metric | Value |
|---|---|
| Total Revenue | $652K |
| Total Expenses | $392K |
| Net Assets | $319K |
Is Prime Community Housing And Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prime Community Housing And Development
Prime Community Housing And Development (EIN: 541540461) is a nonprofit organization based in Queenstown, MD, classified under NTEE code S31Z. The organization reported total revenue of $652K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prime Community Housing And Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prime Community Housing And Development is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $392K |
| Surplus / Deficit | $-159,411 |
| Total Assets | $1.1M |
| Total Liabilities | $750K |
| Net Assets | $319K |
| Operating Margin | -68.4% |
| Debt-to-Asset Ratio | 70.2% |
| Months of Reserves | 32.7 months |
Financial Health Grade: C
In 2023, Prime Community Housing And Development reported a deficit of $159K with expenses exceeding revenue, holds 32.7 months of operating reserves (strong position), has a debt-to-asset ratio of 70.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Prime Community Housing And Development's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +623.7% | +78.9% | +53.1% |
| 2022 | -89.8% | +40.7% | +3.8% |
| 2021 | +4.6% | +19.5% | +75.5% |
| 2020 | +100.8% | -39.6% | +127.9% |
| 2019 | +180.4% | +83.7% | -35.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Prime Community Housing And Development 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 Prime Community Housing And Development 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 $159K, with expenses exceeding revenue.
- Debt-to-asset ratio: 70.2%.
Frequently Asked Questions about Prime Community Housing And Development
Is Prime Community Housing And Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Prime Community Housing And Development (EIN: 541540461) insufficient data. 0 red flags identified, 0 strengths noted.
How does Prime Community Housing And Development spend its money?
Detailed spending breakdown data is not yet available for Prime Community Housing And Development. Check back for updated IRS 990 analysis.
Are donations to Prime Community Housing And Development tax-deductible?
Prime Community Housing And Development is registered as a tax-exempt nonprofit (EIN: 541540461). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Prime Community Housing And Development located?
Prime Community Housing And Development is headquartered in Queenstown, Maryland and files with the IRS under EIN 541540461. It is classified under NTEE code S31Z.
How many years of IRS 990 filings does Prime Community Housing And Development have?
Prime Community Housing And Development 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 $652K in total revenue.
Filing History
IRS 990 filing history for Prime Community Housing And Development showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Prime Community Housing And Development's revenue has grown by 33.7%, moving from $174K to $233K. Total assets increased by 597.4% over the same period, from $153K to $1.1M. Total functional expenses rose by 620.7%, from $54K to $392K. In its most recent filing year (2023), Prime Community Housing And Development reported a deficit of $159K, with expenses exceeding revenue. The organization holds $750K in liabilities against $1.1M in assets (debt-to-asset ratio: 70.2%), resulting in net assets of $319K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $233K | $392K | $1.1M | $750K | — | — |
| 2022 | $32K | $219K | $698K | $448K | — | View 990 |
| 2021 | $316K | $156K | $672K | $235K | — | View 990 |
| 2020 | $302K | $130K | $383K | $106K | — | — |
| 2019 | $150K | $216K | $168K | $75K | — | — |
| 2018 | $54K | $118K | $259K | $65K | — | View 990 |
| 2017 | $60K | $189 | $258K | $0 | — | View 990 |
| 2016 | $47K | $571 | $231K | $33K | — | View 990 |
| 2015 | $93K | $41K | $184K | $33K | — | View 990 |
| 2014 | $-57,581 | $49K | $182K | $83K | — | View 990 |
| 2013 | $114K | $66K | $288K | $83K | — | View 990 |
| 2012 | $167K | $113K | $228K | $70K | — | View 990 |
| 2011 | $174K | $54K | $153K | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $233K, expenses of $392K, and assets of $1.1M (revenue +623.7% year-over-year).
- 2022: Revenue of $32K, expenses of $219K, and assets of $698K (revenue -89.8% year-over-year).
- 2021: Revenue of $316K, expenses of $156K, and assets of $672K (revenue +4.6% year-over-year).
- 2020: Revenue of $302K, expenses of $130K, and assets of $383K (revenue +100.8% year-over-year).
- 2019: Revenue of $150K, expenses of $216K, and assets of $168K (revenue +180.4% year-over-year).
- 2018: Revenue of $54K, expenses of $118K, and assets of $259K (revenue -10.4% year-over-year).
- 2017: Revenue of $60K, expenses of $189, and assets of $258K (revenue +27.4% year-over-year).
- 2016: Revenue of $47K, expenses of $571, and assets of $231K (revenue -49.4% year-over-year).
- 2015: Revenue of $93K, expenses of $41K, and assets of $184K.
- 2014: Revenue of $-57,581, expenses of $49K, and assets of $182K (revenue -150.5% year-over-year).
- 2013: Revenue of $114K, expenses of $66K, and assets of $288K (revenue -31.8% year-over-year).
- 2012: Revenue of $167K, expenses of $113K, and assets of $228K (revenue -4.2% year-over-year).
- 2011: Revenue of $174K, expenses of $54K, and assets of $153K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prime Community Housing And Development:
Data Sources and Methodology
This transparency report for Prime Community Housing And Development 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.