Stafford United Methodist Housing Development Corporation
EIN: 541415529 · Alexandria, VA · NTEE: L22Z
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $220K |
| Net Assets | $-241,069 |
Is Stafford United Methodist Housing Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Stafford United Methodist Housing Development Corporation
Stafford United Methodist Housing Development Corporation (EIN: 541415529) is a nonprofit organization based in Alexandria, VA, classified under NTEE code L22Z. The organization reported total revenue of $200K and total assets of $859K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stafford United Methodist Housing Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stafford United Methodist Housing Development Corporation is a small nonprofit that has been operating for 37 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $190K |
| Total Expenses | $220K |
| Surplus / Deficit | $-29,491 |
| Total Assets | $913K |
| Total Liabilities | $1.2M |
| Net Assets | $-241,069 |
| Operating Margin | -15.5% |
| Debt-to-Asset Ratio | 126.4% |
| Months of Reserves | 49.8 months |
Financial Health Grade: C
In 2023, Stafford United Methodist Housing Development Corporation reported a deficit of $29K with expenses exceeding revenue, holds 49.8 months of operating reserves (strong position), has a debt-to-asset ratio of 126.4% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Stafford United Methodist Housing Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.9% | +2.3% | -8.6% |
| 2022 | +2.5% | -5.0% | -3.5% |
| 2021 | +4.9% | +3.7% | -8.9% |
| 2020 | +6.8% | -21.9% | +5.6% |
| 2019 | -5.3% | +53.1% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Stafford United Methodist Housing Development Corporation 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 Stafford United Methodist Housing Development Corporation 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 $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 126.4%.
Frequently Asked Questions about Stafford United Methodist Housing Development Corporation
Is Stafford United Methodist Housing Development Corporation a legitimate charity?
Stafford United Methodist Housing Development Corporation (EIN: 541415529) is a registered tax-exempt nonprofit based in Virginia. It has 12 years of IRS 990 filings on record. Total revenue: $200K. No red flags identified. Financial health grade: C.
How does Stafford United Methodist Housing Development Corporation spend its money?
Stafford United Methodist Housing Development Corporation reported $200K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Stafford United Methodist Housing Development Corporation tax-deductible?
Stafford United Methodist Housing Development Corporation is registered as a tax-exempt nonprofit (EIN: 541415529). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Stafford United Methodist Housing Development Corporation located?
Stafford United Methodist Housing Development Corporation is headquartered in Alexandria, Virginia and files with the IRS under EIN 541415529. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Stafford United Methodist Housing Development Corporation have?
Stafford United Methodist Housing Development Corporation 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 $200K in total revenue.
Filing History
IRS 990 filing history for Stafford United Methodist Housing Development Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Stafford United Methodist Housing Development Corporation's revenue has grown by 6.7%, moving from $178K to $190K. Total assets decreased by 12.5% over the same period, from $1.0M to $913K. Total functional expenses rose by 34.2%, from $164K to $220K. In its most recent filing year (2023), Stafford United Methodist Housing Development Corporation reported a deficit of $29K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $913K in assets (debt-to-asset ratio: 126.4%), resulting in net assets of $-241,069.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $190K | $220K | $913K | $1.2M | — | View 990 |
| 2022 | $196K | $215K | $998K | $1.2M | — | View 990 |
| 2021 | $191K | $226K | $1.0M | $1.2M | — | View 990 |
| 2020 | $182K | $218K | $1.1M | $1.3M | — | View 990 |
| 2019 | $170K | $279K | $1.1M | $1.2M | — | View 990 |
| 2018 | $180K | $182K | $929K | $942K | — | — |
| 2017 | $180K | $178K | $964K | $974K | — | View 990 |
| 2016 | $183K | $187K | $970K | $983K | — | View 990 |
| 2015 | $182K | $219K | $1.0M | $1.0M | — | View 990 |
| 2014 | $183K | $170K | $1.0M | $1.0M | — | View 990 |
| 2013 | $178K | $167K | $1.0M | $1.0M | — | View 990 |
| 2012 | $178K | $164K | $1.0M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $190K, expenses of $220K, and assets of $913K (revenue -2.9% year-over-year).
- 2022: Revenue of $196K, expenses of $215K, and assets of $998K (revenue +2.5% year-over-year).
- 2021: Revenue of $191K, expenses of $226K, and assets of $1.0M (revenue +4.9% year-over-year).
- 2020: Revenue of $182K, expenses of $218K, and assets of $1.1M (revenue +6.8% year-over-year).
- 2019: Revenue of $170K, expenses of $279K, and assets of $1.1M (revenue -5.3% year-over-year).
- 2018: Revenue of $180K, expenses of $182K, and assets of $929K (revenue -0.1% year-over-year).
- 2017: Revenue of $180K, expenses of $178K, and assets of $964K (revenue -1.3% year-over-year).
- 2016: Revenue of $183K, expenses of $187K, and assets of $970K (revenue +0.5% year-over-year).
- 2015: Revenue of $182K, expenses of $219K, and assets of $1.0M (revenue -0.9% year-over-year).
- 2014: Revenue of $183K, expenses of $170K, and assets of $1.0M (revenue +2.8% year-over-year).
- 2013: Revenue of $178K, expenses of $167K, and assets of $1.0M (revenue -0.1% year-over-year).
- 2012: Revenue of $178K, expenses of $164K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stafford United Methodist Housing Development Corporation:
Data Sources and Methodology
This transparency report for Stafford United Methodist Housing Development Corporation 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.