Hampton Falls Inc
Nonprofit profile at a glance
- EIN
- 311506486
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Baltimore, MD, USA
- Phone
- 4103664299
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $104,054
- Expenses
- $109,786
- Assets
- $105,459
- Liabilities
- $649,855
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- DALE MEYER (PRESIDENT/CEO)
People named in this filing
- CHAMBERLAIN DIALA (CHAIRMAN)
- KEVIN GREOSKI (TREASURER)
- DALE MEYER (PRESIDENT/CEO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide affordable housing to persons with disabilities under section 811 of the national affordable housing act.
What it reported doing in 2024
Hampton falls, inc. Is a Maryland corporation organized in february 1997 for the purpose of acquiring, developing and operating housing and related facilities which consist of 8 units located in baltimore, Maryland for persons with disabilities. The entity receives assistance under provisions of section 811 of the national affordable housing act. Such projects are regulated by the u.s. Department of housing and urban development as to rent charges and operating methods.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 100
- Sustainability: 34
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.3%; rating input score 88
- Program expense ratio: 83.7%; rating input score 84
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5.5%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.96; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 6.16; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 1.3% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: -6.6% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 88.3% of revenue deployed · 83.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $92K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 21/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.