Rds Housing Development Corporation No 1
EIN: 581524607 · Oak Ridge, TN
Is Rds Housing Development Corporation No 1 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rds Housing Development Corporation No 1
Rds Housing Development Corporation No 1 (EIN: 581524607) is a nonprofit organization based in Oak Ridge, TN. The organization reported total revenue of $65K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rds Housing Development Corporation No 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Rds Housing Development Corporation No 1 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 Rds Housing Development Corporation No 1 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.
Frequently Asked Questions about Rds Housing Development Corporation No 1
Is Rds Housing Development Corporation No 1 a legitimate charity?
Based on AI analysis of IRS 990 filings, Rds Housing Development Corporation No 1 (EIN: 581524607) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rds Housing Development Corporation No 1 spend its money?
Detailed spending breakdown data is not yet available for Rds Housing Development Corporation No 1. Check back for updated IRS 990 analysis.
Are donations to Rds Housing Development Corporation No 1 tax-deductible?
Rds Housing Development Corporation No 1 is registered as a tax-exempt nonprofit (EIN: 581524607). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Rds Housing Development Corporation No 1 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), Rds Housing Development Corporation No 1's revenue has declined by 6.9%, moving from $70K to $65K. Total assets decreased by 19.8% over the same period, from $141K to $113K. Total functional expenses rose by 7.4%, from $58K to $63K. In its most recent filing year (2021), Rds Housing Development Corporation No 1 reported a surplus of $3K, with revenue exceeding expenses. The organization holds $254K in liabilities against $113K in assets (debt-to-asset ratio: 224.3%), resulting in net assets of $-140,767.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $65K | $63K | $113K | $254K | — | — |
| 2020 | $60K | $65K | $108K | $251K | — | View 990 |
| 2019 | $52K | $64K | $95K | $234K | — | View 990 |
| 2018 | $60K | $67K | $108K | $235K | — | View 990 |
| 2017 | $62K | $63K | $132K | $251K | — | View 990 |
| 2016 | $66K | $61K | $113K | $231K | — | View 990 |
| 2015 | $65K | $62K | $118K | $241K | — | View 990 |
| 2014 | $68K | $65K | $122K | $249K | — | View 990 |
| 2013 | $62K | $64K | $131K | $261K | — | View 990 |
| 2012 | $70K | $58K | $141K | $269K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $65K, expenses of $63K, and assets of $113K (revenue +8.9% year-over-year).
- 2020: Revenue of $60K, expenses of $65K, and assets of $108K (revenue +16.0% year-over-year).
- 2019: Revenue of $52K, expenses of $64K, and assets of $95K (revenue -13.5% year-over-year).
- 2018: Revenue of $60K, expenses of $67K, and assets of $108K (revenue -3.1% year-over-year).
- 2017: Revenue of $62K, expenses of $63K, and assets of $132K (revenue -7.0% year-over-year).
- 2016: Revenue of $66K, expenses of $61K, and assets of $113K (revenue +2.1% year-over-year).
- 2015: Revenue of $65K, expenses of $62K, and assets of $118K (revenue -4.6% year-over-year).
- 2014: Revenue of $68K, expenses of $65K, and assets of $122K (revenue +9.8% year-over-year).
- 2013: Revenue of $62K, expenses of $64K, and assets of $131K (revenue -11.6% year-over-year).
- 2012: Revenue of $70K, expenses of $58K, and assets of $141K.
Data Sources and Methodology
This transparency report for Rds Housing Development Corporation No 1 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.