Rutland Housing Incorporated
EIN: 450311336 · Rutland, ND
| Metric | Value |
|---|---|
| Total Revenue | $81K |
| Total Expenses | $88K |
| Net Assets | $-111,036 |
Is Rutland Housing Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rutland Housing Incorporated
Rutland Housing Incorporated (EIN: 450311336) is a nonprofit organization based in Rutland, ND. The organization reported total revenue of $81K and total assets of $263K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rutland Housing Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rutland Housing Incorporated is a micro nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $88K |
| Surplus / Deficit | $-3,874 |
| Total Assets | $286K |
| Total Liabilities | $397K |
| Net Assets | $-111,036 |
| Operating Margin | -4.6% |
| Debt-to-Asset Ratio | 138.9% |
| Months of Reserves | 39.0 months |
Financial Health Grade: C
In 2023, Rutland Housing Incorporated reported a deficit of $4K with expenses exceeding revenue, holds 39.0 months of operating reserves (strong position), has a debt-to-asset ratio of 138.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rutland Housing Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.3% | +0.2% | -2.1% |
| 2022 | +1.0% | -0.8% | -5.9% |
| 2021 | +33.7% | +16.4% | -5.6% |
| 2020 | -0.3% | -2.9% | -7.0% |
| 2019 | -24.7% | -8.2% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rutland Housing Incorporated 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 Rutland Housing Incorporated 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 138.9%.
Frequently Asked Questions about Rutland Housing Incorporated
Is Rutland Housing Incorporated a legitimate charity?
Rutland Housing Incorporated (EIN: 450311336) is a registered tax-exempt nonprofit based in North Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $81K. No red flags identified. Financial health grade: C.
How does Rutland Housing Incorporated spend its money?
Rutland Housing Incorporated reported $81K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rutland Housing Incorporated tax-deductible?
Rutland Housing Incorporated is registered as a tax-exempt nonprofit (EIN: 450311336). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rutland Housing Incorporated located?
Rutland Housing Incorporated is headquartered in Rutland, North Dakota and files with the IRS under EIN 450311336.
How many years of IRS 990 filings does Rutland Housing Incorporated have?
Rutland Housing Incorporated 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 $81K in total revenue.
Filing History
IRS 990 filing history for Rutland Housing Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rutland Housing Incorporated's revenue has declined by 4.1%, moving from $88K to $84K. Total assets decreased by 31.2% over the same period, from $415K to $286K. Total functional expenses rose by 11.3%, from $79K to $88K. In its most recent filing year (2023), Rutland Housing Incorporated reported a deficit of $4K, with expenses exceeding revenue. The organization holds $397K in liabilities against $286K in assets (debt-to-asset ratio: 138.9%), resulting in net assets of $-111,036.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $88K | $286K | $397K | — | — |
| 2022 | $72K | $88K | $292K | $399K | — | — |
| 2021 | $71K | $88K | $310K | $402K | — | — |
| 2020 | $53K | $76K | $328K | $403K | — | View 990 |
| 2019 | $54K | $78K | $353K | $405K | — | View 990 |
| 2018 | $71K | $85K | $380K | $408K | — | View 990 |
| 2017 | $72K | $84K | $396K | $410K | — | View 990 |
| 2016 | $72K | $77K | $409K | $412K | — | View 990 |
| 2015 | $73K | $60K | $400K | $398K | — | View 990 |
| 2014 | $80K | $75K | $398K | $408K | — | View 990 |
| 2013 | $83K | $87K | $395K | $411K | — | View 990 |
| 2012 | $71K | $74K | $406K | $419K | — | View 990 |
| 2011 | $88K | $79K | $415K | $426K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $88K, and assets of $286K (revenue +16.3% year-over-year).
- 2022: Revenue of $72K, expenses of $88K, and assets of $292K (revenue +1.0% year-over-year).
- 2021: Revenue of $71K, expenses of $88K, and assets of $310K (revenue +33.7% year-over-year).
- 2020: Revenue of $53K, expenses of $76K, and assets of $328K (revenue -0.3% year-over-year).
- 2019: Revenue of $54K, expenses of $78K, and assets of $353K (revenue -24.7% year-over-year).
- 2018: Revenue of $71K, expenses of $85K, and assets of $380K (revenue -1.1% year-over-year).
- 2017: Revenue of $72K, expenses of $84K, and assets of $396K (revenue -0.1% year-over-year).
- 2016: Revenue of $72K, expenses of $77K, and assets of $409K (revenue -1.0% year-over-year).
- 2015: Revenue of $73K, expenses of $60K, and assets of $400K (revenue -9.5% year-over-year).
- 2014: Revenue of $80K, expenses of $75K, and assets of $398K (revenue -3.3% year-over-year).
- 2013: Revenue of $83K, expenses of $87K, and assets of $395K (revenue +16.7% year-over-year).
- 2012: Revenue of $71K, expenses of $74K, and assets of $406K (revenue -18.6% year-over-year).
- 2011: Revenue of $88K, expenses of $79K, and assets of $415K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rutland Housing Incorporated:
Data Sources and Methodology
This transparency report for Rutland Housing Incorporated 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.