Regional Housing Solutions
Regional Housing Solutions consistently spends more than it earns, drawing down assets while maintaining zero officer compensation.
EIN: 203188840 · Fort Smith, AR · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $161K |
| Total Expenses | $206K |
| Program Spending | 80% |
| Net Assets | $534K |
| Transparency Score | 75/100 |
Is Regional Housing Solutions Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Regional Housing Solutions directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Regional Housing Solutions
Regional Housing Solutions (EIN: 203188840) is a nonprofit organization based in Fort Smith, AR, classified under NTEE code L20. The organization reported total revenue of $161K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regional Housing Solutions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regional Housing Solutions is a small nonprofit that has been operating for 20 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $165K |
| Total Expenses | $206K |
| Surplus / Deficit | $-41,825 |
| Total Assets | $1.3M |
| Total Liabilities | $800K |
| Net Assets | $534K |
| Operating Margin | -25.4% |
| Debt-to-Asset Ratio | 60.0% |
| Months of Reserves | 77.5 months |
Financial Health Grade: C
In 2023, Regional Housing Solutions reported a deficit of $42K with expenses exceeding revenue, holds 77.5 months of operating reserves (strong position), has a debt-to-asset ratio of 60.0% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Regional Housing Solutions's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.1% | +5.9% | -5.0% |
| 2022 | -4.4% | +11.9% | -26.6% |
| 2021 | +25.6% | +15.5% | +23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Regional Housing Solutions with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Regional Housing Solutions allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 60.0%.
Executive Compensation Analysis
Regional Housing Solutions reports 0% officer compensation across all four years of filings, indicating that no salaries or benefits are paid to officers, which is highly commendable for a nonprofit of its size and suggests a volunteer-led or very lean administrative structure.
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 Regional Housing Solutions's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) for four consecutive years.
- Declining asset base from $1,913,243 in 2021 to $1,333,891 in 2023.
Strengths
The following positive indicators were identified for Regional Housing Solutions:
- Zero reported officer compensation for four consecutive years, indicating efficient use of funds for leadership.
- Substantial asset base of over $1.2 million, providing a buffer despite deficit spending.
- Reduction in liabilities from $1,273,112 in 2021 to $800,111 in 2023, showing effective debt management.
Frequently Asked Questions about Regional Housing Solutions
Is Regional Housing Solutions a legitimate charity?
Regional Housing Solutions (EIN: 203188840) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 75/100. It has 4 years of IRS 990 filings on record. Total revenue: $161K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Regional Housing Solutions spend its money?
Regional Housing Solutions directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Regional Housing Solutions tax-deductible?
Regional Housing Solutions is registered as a tax-exempt nonprofit (EIN: 203188840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Regional Housing Solutions's spending goes to programs?
Regional Housing Solutions directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Regional Housing Solutions compare to similar nonprofits?
With a transparency score of 75/100 (Good), Regional Housing Solutions is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Regional Housing Solutions located?
Regional Housing Solutions is headquartered in Fort Smith, Arkansas and files with the IRS under EIN 203188840. It is classified under NTEE code L20.
How many years of IRS 990 filings does Regional Housing Solutions have?
Regional Housing Solutions has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $161K in total revenue.
Is Regional Housing Solutions financially sustainable given its consistent deficit spending?
The organization has consistently spent more than its revenue for at least four years, leading to a decline in assets from $1,913,243 in 2021 to $1,333,891 in 2023. While it has a substantial asset base, this trend is not sustainable long-term without an increase in revenue or reduction in expenses.
How does Regional Housing Solutions fund its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other non-officer roles, allowing more funds to be directed towards its mission.
What is the primary reason for the decline in assets?
The primary reason for the decline in assets is the consistent deficit spending, where annual expenses have exceeded annual revenues by approximately $40,000 to $50,000 each year from 2020 to 2023.
Filing History
IRS 990 filing history for Regional Housing Solutions showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Regional Housing Solutions's revenue has grown by 51.5%, moving from $109K to $165K. Total assets decreased by 13.6% over the same period, from $1.5M to $1.3M. Total functional expenses rose by 36.9%, from $151K to $206K. In its most recent filing year (2023), Regional Housing Solutions reported a deficit of $42K, with expenses exceeding revenue. The organization holds $800K in liabilities against $1.3M in assets (debt-to-asset ratio: 60.0%), resulting in net assets of $534K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $165K | $206K | $1.3M | $800K | — | View 990 |
| 2022 | $131K | $195K | $1.4M | $829K | — | — |
| 2021 | $136K | $174K | $1.9M | $1.3M | — | View 990 |
| 2020 | $109K | $151K | $1.5M | $866K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $165K, expenses of $206K, and assets of $1.3M (revenue +26.1% year-over-year).
- 2022: Revenue of $131K, expenses of $195K, and assets of $1.4M (revenue -4.4% year-over-year).
- 2021: Revenue of $136K, expenses of $174K, and assets of $1.9M (revenue +25.6% year-over-year).
- 2020: Revenue of $109K, expenses of $151K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regional Housing Solutions:
Data Sources and Methodology
This transparency report for Regional Housing Solutions 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.