Stand Down Housing Inc
Stand Down Housing Inc consistently operates at a deficit, relying on substantial assets while reporting no executive compensation.
EIN: 208531122 · Johnston, RI · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $172K |
| Total Expenses | $234K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $1.4M |
| Transparency Score | 75/100 |
Is Stand Down Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stand Down Housing Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stand Down Housing Inc
Stand Down Housing Inc (EIN: 208531122) is a nonprofit organization based in Johnston, RI, classified under NTEE code L21. The organization reported total revenue of $172K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stand Down Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stand Down Housing Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $234K |
| Surplus / Deficit | $-77,408 |
| Total Assets | $1.5M |
| Total Liabilities | $100K |
| Net Assets | $1.4M |
| Operating Margin | -49.5% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 77.8 months |
Financial Health Grade: B
In 2023, Stand Down Housing Inc reported a deficit of $77K with expenses exceeding revenue, holds 77.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Stand Down Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | +25.4% | -2.8% |
| 2022 | +14.0% | +7.4% | -1.8% |
| 2021 | +8.6% | -10.1% | -2.2% |
| 2020 | -7.0% | -7.2% | -5.2% |
| 2019 | +1.1% | +11.5% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Stand Down Housing Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Stand Down Housing Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with revenues typically under $200,000.
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 Stand Down Housing Inc's IRS 990 filings:
- Consistent operational deficits, with expenses regularly exceeding revenue (e.g., $233,696 expenses vs. $156,288 revenue in 2023).
- Gradual decline in total assets over the past decade, suggesting reliance on reserves to cover deficits.
Strengths
The following positive indicators were identified for Stand Down Housing Inc:
- Zero executive compensation reported across all filings, indicating high efficiency in directing funds to mission.
- Substantial asset base ($1,478,933) provides financial stability despite operational deficits.
- Consistent IRS 990 filings demonstrate strong transparency.
- Clear mission focus on housing, as indicated by NTEE code L21 and organizational name.
Frequently Asked Questions about Stand Down Housing Inc
Is Stand Down Housing Inc a legitimate charity?
Stand Down Housing Inc (EIN: 208531122) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $172K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Stand Down Housing Inc spend its money?
Stand Down Housing Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Stand Down Housing Inc tax-deductible?
Stand Down Housing Inc is registered as a tax-exempt nonprofit (EIN: 208531122). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Stand Down Housing Inc CEO make?
Stand Down Housing Inc's highest-compensated officer earns $200,000. annually. The organization reported $172K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Stand Down Housing Inc's spending goes to programs?
Stand Down Housing Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Stand Down Housing Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Stand Down Housing Inc is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stand Down Housing Inc located?
Stand Down Housing Inc is headquartered in Johnston, Rhode Island and files with the IRS under EIN 208531122. It is classified under NTEE code L21.
How many years of IRS 990 filings does Stand Down Housing Inc have?
Stand Down Housing Inc 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 $172K in total revenue.
Is Stand Down Housing Inc a good charity?
Stand Down Housing Inc demonstrates strong commitment to its mission with no executive compensation and a clear program focus. However, its consistent operational deficits, where expenses exceed revenue, raise questions about long-term financial sustainability despite its substantial asset base.
How does Stand Down Housing Inc fund its operations?
The organization primarily funds its operations through revenue (e.g., $156,288 in 2023). However, given that expenses consistently exceed revenue (e.g., $233,696 in 2023), it appears to be drawing down on its significant asset base ($1,478,933) to cover the difference.
What is the trend in Stand Down Housing Inc's assets?
Stand Down Housing Inc's assets have shown a gradual decline over the past decade, from $1,891,006 in 2014 to $1,478,933 currently. This trend is consistent with the organization's pattern of spending more than it earns annually.
Filing History
IRS 990 filing history for Stand Down Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stand Down Housing Inc's revenue has grown by 30.5%, moving from $120K to $156K. Total assets decreased by 26.9% over the same period, from $2.1M to $1.5M. Total functional expenses rose by 40.9%, from $166K to $234K. In its most recent filing year (2023), Stand Down Housing Inc reported a deficit of $77K, with expenses exceeding revenue. The organization holds $100K in liabilities against $1.5M in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $234K | $1.5M | $100K | — | — |
| 2022 | $157K | $186K | $1.6M | $66K | — | View 990 |
| 2021 | $138K | $173K | $1.6M | $65K | — | View 990 |
| 2020 | $127K | $193K | $1.6M | $65K | — | View 990 |
| 2019 | $137K | $208K | $1.7M | $89K | — | View 990 |
| 2018 | $135K | $187K | $1.7M | $38K | — | View 990 |
| 2017 | $182K | $167K | $1.8M | $33K | — | View 990 |
| 2016 | $129K | $201K | $1.8M | $80K | — | View 990 |
| 2015 | $136K | $181K | $1.9M | $45K | — | View 990 |
| 2014 | $125K | $192K | $1.9M | $36K | — | View 990 |
| 2013 | $140K | $209K | $2.0M | $34K | — | View 990 |
| 2012 | $121K | $178K | $2.0M | $35K | — | View 990 |
| 2011 | $120K | $166K | $2.1M | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156K, expenses of $234K, and assets of $1.5M (revenue -0.6% year-over-year).
- 2022: Revenue of $157K, expenses of $186K, and assets of $1.6M (revenue +14.0% year-over-year).
- 2021: Revenue of $138K, expenses of $173K, and assets of $1.6M (revenue +8.6% year-over-year).
- 2020: Revenue of $127K, expenses of $193K, and assets of $1.6M (revenue -7.0% year-over-year).
- 2019: Revenue of $137K, expenses of $208K, and assets of $1.7M (revenue +1.1% year-over-year).
- 2018: Revenue of $135K, expenses of $187K, and assets of $1.7M (revenue -25.7% year-over-year).
- 2017: Revenue of $182K, expenses of $167K, and assets of $1.8M (revenue +40.7% year-over-year).
- 2016: Revenue of $129K, expenses of $201K, and assets of $1.8M (revenue -4.8% year-over-year).
- 2015: Revenue of $136K, expenses of $181K, and assets of $1.9M (revenue +9.0% year-over-year).
- 2014: Revenue of $125K, expenses of $192K, and assets of $1.9M (revenue -11.1% year-over-year).
- 2013: Revenue of $140K, expenses of $209K, and assets of $2.0M (revenue +15.7% year-over-year).
- 2012: Revenue of $121K, expenses of $178K, and assets of $2.0M (revenue +1.1% year-over-year).
- 2011: Revenue of $120K, expenses of $166K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stand Down Housing Inc:
Data Sources and Methodology
This transparency report for Stand Down Housing Inc 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.