Zbt National Housing Inc
Zbt National Housing Inc. shows asset growth but consistent operational deficits in recent years.
EIN: 136132602 · Carmel, IN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $189K |
| Program Spending | 70% |
| Net Assets | $2.8M |
| Transparency Score | 65/100 |
Is Zbt National Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zbt National Housing Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Zbt National Housing Inc
Zbt National Housing Inc (EIN: 136132602) is a nonprofit organization based in Carmel, IN. The organization reported total revenue of $1.1M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zbt National Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zbt National Housing Inc is a mid-size nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $189K |
| Surplus / Deficit | $-50,258 |
| Total Assets | $5.5M |
| Total Liabilities | $2.7M |
| Net Assets | $2.8M |
| Operating Margin | -36.2% |
| Debt-to-Asset Ratio | 48.8% |
| Months of Reserves | 351.4 months |
Financial Health Grade: B
In 2023, Zbt National Housing Inc reported a deficit of $50K with expenses exceeding revenue, holds 351.4 months of operating reserves (strong position), has a debt-to-asset ratio of 48.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Zbt National Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -86.1% | -83.3% | +1.0% |
| 2023 | -1.3% | -3.0% | -2.8% |
| 2022 | +37.2% | +65.8% | -4.1% |
| 2021 | -52.2% | -6.0% | +10.9% |
| 2020 | +44.5% | +37.6% | +39.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
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 Zbt National Housing Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Zbt National Housing Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.8%.
Executive Compensation Analysis
Zbt National Housing Inc. consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which could impact the clarity of administrative cost reporting.
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 Zbt National Housing Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 202307, 202305, 202205)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unclear how operational deficits are being covered
Strengths
The following positive indicators were identified for Zbt National Housing Inc:
- Significant asset growth over the past decade (from $2.5M in 2015 to $5.5M currently)
- No reported officer compensation, potentially indicating low overhead for leadership
- Long filing history (14 filings) suggests consistent compliance
Frequently Asked Questions about Zbt National Housing Inc
Is Zbt National Housing Inc a legitimate charity?
Zbt National Housing Inc (EIN: 136132602) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.1M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Zbt National Housing Inc spend its money?
Zbt National Housing Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Zbt National Housing Inc tax-deductible?
Zbt National Housing Inc is registered as a tax-exempt nonprofit (EIN: 136132602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Zbt National Housing Inc's spending goes to programs?
Zbt National Housing Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Zbt National Housing Inc located?
Zbt National Housing Inc is headquartered in Carmel, Indiana and files with the IRS under EIN 136132602.
How many years of IRS 990 filings does Zbt National Housing Inc have?
Zbt National Housing Inc has 14 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 $1.1M in total revenue.
Is Zbt National Housing Inc. financially sustainable given its recent operational deficits?
The organization has reported expenses exceeding revenue in its last three filings (202307, 202305, 202205). While assets have grown, this trend suggests a reliance on reserves or other income sources to cover operational costs, raising questions about long-term financial sustainability if not addressed.
How does Zbt National Housing Inc. cover its operational deficits?
The filings do not explicitly state how operational deficits are covered. It's possible they are drawing from accumulated assets, receiving unrestricted grants, or have other revenue streams not fully detailed in the summary data provided.
What is the breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess spending efficiency accurately.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer, or that compensation is categorized differently within the expense structure, which could obscure the true cost of administration.
Filing History
IRS 990 filing history for Zbt National Housing Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Zbt National Housing Inc's revenue has grown by 430.9%, moving from $26K to $139K. Total assets increased by 160.6% over the same period, from $2.1M to $5.5M. Total functional expenses rose by 114.4%, from $88K to $189K. In its most recent filing year (2023), Zbt National Housing Inc reported a deficit of $50K, with expenses exceeding revenue. The organization holds $2.7M in liabilities against $5.5M in assets (debt-to-asset ratio: 48.8%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $139K | $189K | $5.5M | $2.7M | — | View 990 |
| 2023 | $1000K | $1.1M | $5.5M | $2.7M | — | View 990 |
| 2022 | $1.0M | $1.2M | $5.6M | $2.7M | — | View 990 |
| 2021 | $738K | $703K | $5.9M | $2.7M | — | — |
| 2020 | $1.5M | $748K | $5.3M | $2.2M | — | — |
| 2019 | $1.1M | $544K | $3.8M | $1.5M | — | View 990 |
| 2018 | $624K | $550K | $2.9M | $1.1M | — | View 990 |
| 2017 | $255K | $262K | $3.3M | $1.6M | — | View 990 |
| 2016 | $501K | $441K | $2.5M | $792K | — | View 990 |
| 2015 | $494K | $441K | $2.5M | $818K | — | View 990 |
| 2014 | $135K | $171K | $2.5M | $840K | — | View 990 |
| 2013 | $126K | $210K | $2.4M | $707K | — | View 990 |
| 2012 | $125K | $99K | $2.1M | $376K | — | View 990 |
| 2011 | $26K | $88K | $2.1M | $376K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $139K, expenses of $189K, and assets of $5.5M (revenue -86.1% year-over-year).
- 2023: Revenue of $1000K, expenses of $1.1M, and assets of $5.5M (revenue -1.3% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.2M, and assets of $5.6M (revenue +37.2% year-over-year).
- 2021: Revenue of $738K, expenses of $703K, and assets of $5.9M (revenue -52.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $748K, and assets of $5.3M (revenue +44.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $544K, and assets of $3.8M (revenue +71.5% year-over-year).
- 2018: Revenue of $624K, expenses of $550K, and assets of $2.9M (revenue +144.2% year-over-year).
- 2017: Revenue of $255K, expenses of $262K, and assets of $3.3M (revenue -49.0% year-over-year).
- 2016: Revenue of $501K, expenses of $441K, and assets of $2.5M (revenue +1.4% year-over-year).
- 2015: Revenue of $494K, expenses of $441K, and assets of $2.5M (revenue +267.3% year-over-year).
- 2014: Revenue of $135K, expenses of $171K, and assets of $2.5M (revenue +6.4% year-over-year).
- 2013: Revenue of $126K, expenses of $210K, and assets of $2.4M (revenue +1.5% year-over-year).
- 2012: Revenue of $125K, expenses of $99K, and assets of $2.1M (revenue +376.5% year-over-year).
- 2011: Revenue of $26K, expenses of $88K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zbt National Housing Inc:
Data Sources and Methodology
This transparency report for Zbt National 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.