Southwest Housing Providers
Southwest Housing Providers consistently operates at a deficit, drawing down assets over the past decade.
EIN: 208197687 · Durango, CO · NTEE: I20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $305K |
| Total Expenses | $265K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $150,000 |
| Net Assets | $1.7M |
| Transparency Score | 70/100 |
Is Southwest Housing Providers Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southwest Housing Providers directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southwest Housing Providers
Southwest Housing Providers (EIN: 208197687) is a nonprofit organization based in Durango, CO, classified under NTEE code I20. The organization reported total revenue of $305K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwest Housing Providers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southwest Housing Providers is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $265K |
| Surplus / Deficit | $-97,001 |
| Total Assets | $1.9M |
| Total Liabilities | $173K |
| Net Assets | $1.7M |
| Operating Margin | -57.9% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 85.9 months |
Financial Health Grade: B
In 2023, Southwest Housing Providers reported a deficit of $97K with expenses exceeding revenue, holds 85.9 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Southwest Housing Providers's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.2% | +0.6% | -4.4% |
| 2022 | +3.2% | +3.4% | -5.1% |
| 2021 | +1.3% | +4.3% | -4.9% |
| 2020 | +1.7% | +1.0% | -4.5% |
| 2019 | -33.6% | -1.0% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Southwest Housing Providers with a Mission Score of 70 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, Southwest Housing Providers 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 $97K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting a volunteer board or that compensation is categorized differently. This indicates a strong commitment to directing resources towards the mission rather than high administrative salaries, especially for an organization with annual revenues around $150,000-$300,000.
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 Southwest Housing Providers's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in every reported period)
- Declining asset base over the past decade (from $2.7M to $1.8M)
- High liabilities relative to assets in some periods (e.g., 202204 liabilities of $2,678,054 against assets of $1,979,520)
Strengths
The following positive indicators were identified for Southwest Housing Providers:
- Zero reported officer compensation, indicating efficient use of funds for leadership
- Substantial asset base, providing a buffer despite operational deficits
- Consistent filing history, demonstrating transparency and compliance
Frequently Asked Questions about Southwest Housing Providers
Is Southwest Housing Providers a legitimate charity?
Based on AI analysis of IRS 990 filings, Southwest Housing Providers (EIN: 208197687) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Southwest Housing Providers spend its money?
Southwest Housing Providers directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southwest Housing Providers tax-deductible?
Southwest Housing Providers is registered as a tax-exempt nonprofit (EIN: 208197687). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Southwest Housing Providers CEO make?
Southwest Housing Providers's highest-compensated officer earns $150,000 annually. The organization reported $305K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Southwest Housing Providers's spending goes to programs?
Southwest Housing Providers directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southwest Housing Providers compare to similar nonprofits?
With a transparency score of 70/100 (Good), Southwest Housing Providers is above average for NTEE category I20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southwest Housing Providers located?
Southwest Housing Providers is headquartered in Durango, Colorado and files with the IRS under EIN 208197687. It is classified under NTEE code I20.
How many years of IRS 990 filings does Southwest Housing Providers have?
Southwest Housing Providers has 12 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 $305K in total revenue.
Is Southwest Housing Providers financially sustainable given its consistent deficits?
The organization has consistently reported expenses exceeding revenue, leading to a gradual decline in assets over the past decade. While current assets are substantial, this trend raises concerns about long-term financial sustainability without a change in revenue generation or expense management.
What is the primary source of funding for Southwest Housing Providers?
The provided data shows consistent revenue figures, but the specific breakdown of funding sources (e.g., grants, donations, program service fees) is not detailed. Given the NTEE code I20 (Housing/Shelter), it's likely a mix of grants and potentially rental income or service fees.
How does Southwest Housing Providers cover its operational deficits?
The consistent deficits suggest the organization is covering operational shortfalls by drawing down its existing asset base. This is evident in the decline of assets from $2,747,953 in 201404 to $1,893,398 in 202304.
Filing History
IRS 990 filing history for Southwest Housing Providers showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Southwest Housing Providers's revenue has grown by 29%, moving from $130K to $168K. Total assets decreased by 35.5% over the same period, from $2.9M to $1.9M. Total functional expenses rose by 21.5%, from $218K to $265K. In its most recent filing year (2023), Southwest Housing Providers reported a deficit of $97K, with expenses exceeding revenue. The organization holds $173K in liabilities against $1.9M in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $265K | $1.9M | $173K | — | View 990 |
| 2022 | $141K | $263K | $2.0M | $2.7M | — | View 990 |
| 2021 | $136K | $254K | $2.1M | $2.7M | — | — |
| 2020 | $134K | $244K | $2.2M | $2.7M | — | View 990 |
| 2019 | $132K | $241K | $2.3M | $2.6M | — | View 990 |
| 2018 | $199K | $244K | $2.4M | $2.7M | — | View 990 |
| 2017 | $130K | $231K | $2.5M | $2.6M | — | View 990 |
| 2016 | $128K | $231K | $2.5M | $2.6M | — | View 990 |
| 2015 | $135K | $230K | $2.7M | $2.6M | — | View 990 |
| 2014 | $132K | $229K | $2.7M | $2.6M | — | View 990 |
| 2013 | $133K | $227K | $2.8M | $2.6M | — | View 990 |
| 2012 | $130K | $218K | $2.9M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $265K, and assets of $1.9M (revenue +19.2% year-over-year).
- 2022: Revenue of $141K, expenses of $263K, and assets of $2.0M (revenue +3.2% year-over-year).
- 2021: Revenue of $136K, expenses of $254K, and assets of $2.1M (revenue +1.3% year-over-year).
- 2020: Revenue of $134K, expenses of $244K, and assets of $2.2M (revenue +1.7% year-over-year).
- 2019: Revenue of $132K, expenses of $241K, and assets of $2.3M (revenue -33.6% year-over-year).
- 2018: Revenue of $199K, expenses of $244K, and assets of $2.4M (revenue +52.8% year-over-year).
- 2017: Revenue of $130K, expenses of $231K, and assets of $2.5M (revenue +1.5% year-over-year).
- 2016: Revenue of $128K, expenses of $231K, and assets of $2.5M (revenue -4.6% year-over-year).
- 2015: Revenue of $135K, expenses of $230K, and assets of $2.7M (revenue +2.3% year-over-year).
- 2014: Revenue of $132K, expenses of $229K, and assets of $2.7M (revenue -0.9% year-over-year).
- 2013: Revenue of $133K, expenses of $227K, and assets of $2.8M (revenue +2.2% year-over-year).
- 2012: Revenue of $130K, expenses of $218K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southwest Housing Providers:
Data Sources and Methodology
This transparency report for Southwest Housing Providers 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.