Independence County Housing Inc
Nonprofit profile at a glance
- EIN
- 581602907
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Malvern, AR, USA
- Phone
- 5012800037
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Low-Income & Subsidized Rental Housing
Reported finances
- Revenue
- $108,199
- Expenses
- $79,439
- Assets
- $79,637
- Liabilities
- $42,400
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- C CARL SCHULTZ (PRESIDENT)
People named in this filing
- C CARL SCHULTZ (PRESIDENT)
- CYNTHIA WHEELER (SECRETARY)
- JEFFREY OWENS (TREASURER)
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 low-income housing to the disabled in batesville, Arkansas based on the requirements established by the u.s. Department of housing and urban development
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 82
- Sustainability: 64
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 56%; rating input score 56
- Program expense ratio: 76.3%; rating input score 76
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 26.6%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.53; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: -6.2% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 56% of revenue deployed · 76.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $61K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2014 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.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.