Suring Non Profit Housing Corp
EIN: 237302131 · Madison, WI
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $216K |
| Net Assets | $-292,760 |
Is Suring Non Profit Housing Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Suring Non Profit Housing Corp
Suring Non Profit Housing Corp (EIN: 237302131) is a nonprofit organization based in Madison, WI. The organization reported total revenue of $191K and total assets of $531K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suring Non Profit Housing Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Suring Non Profit Housing Corp is a small nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $216K |
| Surplus / Deficit | $-23,037 |
| Total Assets | $381K |
| Total Liabilities | $674K |
| Net Assets | $-292,760 |
| Operating Margin | -11.9% |
| Debt-to-Asset Ratio | 176.9% |
| Months of Reserves | 21.2 months |
Financial Health Grade: C
In 2023, Suring Non Profit Housing Corp reported a deficit of $23K with expenses exceeding revenue, holds 21.2 months of operating reserves (strong position), has a debt-to-asset ratio of 176.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Suring Non Profit Housing Corp's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.5% | -12.3% | +11.5% |
| 2022 | +8.6% | +18.0% | -12.7% |
| 2021 | +31.4% | +30.4% | +8.8% |
| 2020 | +15.9% | +5.3% | -1.5% |
| 2019 | -1.7% | +5.9% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Suring Non Profit Housing Corp 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 Suring Non Profit Housing Corp 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 $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 176.9%.
Frequently Asked Questions about Suring Non Profit Housing Corp
Is Suring Non Profit Housing Corp a legitimate charity?
Suring Non Profit Housing Corp (EIN: 237302131) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $191K. No red flags identified. Financial health grade: C.
How does Suring Non Profit Housing Corp spend its money?
Suring Non Profit Housing Corp reported $191K 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 Suring Non Profit Housing Corp tax-deductible?
Suring Non Profit Housing Corp is registered as a tax-exempt nonprofit (EIN: 237302131). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Suring Non Profit Housing Corp located?
Suring Non Profit Housing Corp is headquartered in Madison, Wisconsin and files with the IRS under EIN 237302131.
How many years of IRS 990 filings does Suring Non Profit Housing Corp have?
Suring Non Profit Housing Corp 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 $191K in total revenue.
Filing History
IRS 990 filing history for Suring Non Profit Housing Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Suring Non Profit Housing Corp's revenue has grown by 48.5%, moving from $130K to $193K. Total assets increased by 113.7% over the same period, from $178K to $381K. Total functional expenses rose by 89.7%, from $114K to $216K. In its most recent filing year (2023), Suring Non Profit Housing Corp reported a deficit of $23K, with expenses exceeding revenue. The organization holds $674K in liabilities against $381K in assets (debt-to-asset ratio: 176.9%), resulting in net assets of $-292,760.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $216K | $381K | $674K | — | — |
| 2022 | $183K | $246K | $342K | $611K | — | View 990 |
| 2021 | $168K | $209K | $391K | $598K | — | View 990 |
| 2020 | $128K | $160K | $360K | $526K | — | — |
| 2019 | $111K | $152K | $365K | $499K | — | View 990 |
| 2018 | $113K | $144K | $376K | $468K | — | View 990 |
| 2017 | $89K | $153K | $384K | $446K | — | View 990 |
| 2016 | $86K | $108K | $392K | $389K | — | View 990 |
| 2015 | $106K | $109K | $409K | $384K | — | View 990 |
| 2014 | $98K | $116K | $121K | $92K | — | View 990 |
| 2013 | $108K | $105K | $152K | $106K | — | View 990 |
| 2012 | $115K | $114K | $164K | $121K | — | View 990 |
| 2011 | $130K | $114K | $178K | $136K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $216K, and assets of $381K (revenue +5.5% year-over-year).
- 2022: Revenue of $183K, expenses of $246K, and assets of $342K (revenue +8.6% year-over-year).
- 2021: Revenue of $168K, expenses of $209K, and assets of $391K (revenue +31.4% year-over-year).
- 2020: Revenue of $128K, expenses of $160K, and assets of $360K (revenue +15.9% year-over-year).
- 2019: Revenue of $111K, expenses of $152K, and assets of $365K (revenue -1.7% year-over-year).
- 2018: Revenue of $113K, expenses of $144K, and assets of $376K (revenue +26.6% year-over-year).
- 2017: Revenue of $89K, expenses of $153K, and assets of $384K (revenue +3.7% year-over-year).
- 2016: Revenue of $86K, expenses of $108K, and assets of $392K (revenue -19.2% year-over-year).
- 2015: Revenue of $106K, expenses of $109K, and assets of $409K (revenue +7.9% year-over-year).
- 2014: Revenue of $98K, expenses of $116K, and assets of $121K (revenue -8.7% year-over-year).
- 2013: Revenue of $108K, expenses of $105K, and assets of $152K (revenue -6.0% year-over-year).
- 2012: Revenue of $115K, expenses of $114K, and assets of $164K (revenue -11.8% year-over-year).
- 2011: Revenue of $130K, expenses of $114K, and assets of $178K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Suring Non Profit Housing Corp:
Data Sources and Methodology
This transparency report for Suring Non Profit Housing Corp 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.