Tennessee Association Of Affordablehousing Inc
Tennessee Association Of Affordablehousing Inc consistently operates with stable finances and no reported officer compensation.
EIN: 205885120 · Jackson, TN · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $128K |
| Total Expenses | $102K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $90,000 |
| Net Assets | $90K |
| Transparency Score | 85/100 |
Is Tennessee Association Of Affordablehousing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tennessee Association Of Affordablehousing Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tennessee Association Of Affordablehousing Inc
Tennessee Association Of Affordablehousing Inc (EIN: 205885120) is a nonprofit organization based in Jackson, TN, classified under NTEE code S41. The organization reported total revenue of $128K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennessee Association Of Affordablehousing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tennessee Association Of Affordablehousing Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97K |
| Total Expenses | $102K |
| Surplus / Deficit | $-4,743 |
| Total Assets | $92K |
| Total Liabilities | $3K |
| Net Assets | $90K |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Tennessee Association Of Affordablehousing Inc reported a deficit of $5K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tennessee Association Of Affordablehousing Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.8% | +19.1% | -2.0% |
| 2022 | +132.0% | +476.2% | -14.2% |
| 2021 | -17.5% | -63.7% | +16.2% |
| 2020 | -64.0% | -52.2% | -4.4% |
| 2019 | +9.7% | -3.4% | +19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Tennessee Association Of Affordablehousing Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Tennessee Association Of Affordablehousing Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization with over $90,000 in annual expenses.
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 Tennessee Association Of Affordablehousing Inc's IRS 990 filings:
- Slight operating deficit in the latest filing (202312), with expenses exceeding revenue by $4,743.
Strengths
The following positive indicators were identified for Tennessee Association Of Affordablehousing Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high dedication of funds to mission.
- Strong and consistent filing history with 13 IRS 990s, demonstrating transparency and compliance.
- Stable asset base, growing from $30,172 in 2014 to $92,365 in 2023.
- Minimal liabilities, with $0 reported for most periods and only $2,829 in 2023.
Frequently Asked Questions about Tennessee Association Of Affordablehousing Inc
Is Tennessee Association Of Affordablehousing Inc a legitimate charity?
Tennessee Association Of Affordablehousing Inc (EIN: 205885120) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $128K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Tennessee Association Of Affordablehousing Inc spend its money?
Tennessee Association Of Affordablehousing Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Tennessee Association Of Affordablehousing Inc tax-deductible?
Tennessee Association Of Affordablehousing Inc is registered as a tax-exempt nonprofit (EIN: 205885120). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tennessee Association Of Affordablehousing Inc CEO make?
Tennessee Association Of Affordablehousing Inc's highest-compensated officer earns $90,000 annually. The organization reported $128K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tennessee Association Of Affordablehousing Inc's spending goes to programs?
Tennessee Association Of Affordablehousing Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tennessee Association Of Affordablehousing Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Tennessee Association Of Affordablehousing Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tennessee Association Of Affordablehousing Inc located?
Tennessee Association Of Affordablehousing Inc is headquartered in Jackson, Tennessee and files with the IRS under EIN 205885120. It is classified under NTEE code S41.
How many years of IRS 990 filings does Tennessee Association Of Affordablehousing Inc have?
Tennessee Association Of Affordablehousing 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 $128K in total revenue.
Is Tennessee Association Of Affordablehousing Inc financially stable?
Yes, the organization appears financially stable. While there was a slight operating deficit in 2023 ($97,368 revenue vs. $102,111 expenses), its assets of $92,365 are robust relative to its liabilities of $2,829, and its financial activity has been consistent over many years.
How does the organization manage executive compensation?
The organization reports 0% officer compensation across all 13 available filings, meaning no salaries are paid to its officers or key employees, which is a strong indicator of resource dedication to its mission.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend over the long term, growing from $30,172 in 2014 to $92,365 in 2023, indicating financial growth and stability.
Filing History
IRS 990 filing history for Tennessee Association Of Affordablehousing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tennessee Association Of Affordablehousing Inc's revenue has grown by 20.5%, moving from $81K to $97K. Total assets increased by 802.9% over the same period, from $10K to $92K. Total functional expenses rose by 2.3%, from $100K to $102K. In its most recent filing year (2023), Tennessee Association Of Affordablehousing Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $3K in liabilities against $92K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $90K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97K | $102K | $92K | $3K | — | View 990 |
| 2022 | $70K | $86K | $94K | $0 | — | View 990 |
| 2021 | $30K | $15K | $110K | $0 | — | View 990 |
| 2020 | $37K | $41K | $95K | $0 | — | — |
| 2019 | $102K | $86K | $99K | $0 | — | View 990 |
| 2018 | $93K | $89K | $83K | $0 | — | View 990 |
| 2017 | $105K | $92K | $79K | $0 | — | View 990 |
| 2016 | $114K | $100K | $65K | $0 | — | View 990 |
| 2015 | $112K | $91K | $51K | $0 | — | View 990 |
| 2014 | $95K | $100K | $30K | $0 | — | View 990 |
| 2013 | $86K | $84K | $34K | $0 | — | View 990 |
| 2012 | $99K | $76K | $33K | $0 | — | View 990 |
| 2011 | $81K | $100K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97K, expenses of $102K, and assets of $92K (revenue +38.8% year-over-year).
- 2022: Revenue of $70K, expenses of $86K, and assets of $94K (revenue +132.0% year-over-year).
- 2021: Revenue of $30K, expenses of $15K, and assets of $110K (revenue -17.5% year-over-year).
- 2020: Revenue of $37K, expenses of $41K, and assets of $95K (revenue -64.0% year-over-year).
- 2019: Revenue of $102K, expenses of $86K, and assets of $99K (revenue +9.7% year-over-year).
- 2018: Revenue of $93K, expenses of $89K, and assets of $83K (revenue -11.9% year-over-year).
- 2017: Revenue of $105K, expenses of $92K, and assets of $79K (revenue -7.4% year-over-year).
- 2016: Revenue of $114K, expenses of $100K, and assets of $65K (revenue +1.3% year-over-year).
- 2015: Revenue of $112K, expenses of $91K, and assets of $51K (revenue +17.8% year-over-year).
- 2014: Revenue of $95K, expenses of $100K, and assets of $30K (revenue +11.3% year-over-year).
- 2013: Revenue of $86K, expenses of $84K, and assets of $34K (revenue -13.3% year-over-year).
- 2012: Revenue of $99K, expenses of $76K, and assets of $33K (revenue +22.4% year-over-year).
- 2011: Revenue of $81K, expenses of $100K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tennessee Association Of Affordablehousing Inc:
Data Sources and Methodology
This transparency report for Tennessee Association Of Affordablehousing 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.