Southeast Affordable Housing Foundation
Nonprofit profile at a glance
- EIN
- 813756025
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025
- Location
- Casselberry, FL, USA
- Phone
- 4076990609
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Low-Income & Subsidized Rental Housing
Reported finances
- Revenue
- $142,680
- Expenses
- $39,952
- Assets
- $180,972
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Niles Andersen (President)
People named in this filing
- Niles Andersen (President)
- Vickie Andersen (Secretary)
- Joseph McGill (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide low-income housing to low and moderate income individuals and families.
What it reported doing in 2025
Provide low-income housing to low and moderate income individuals and families. All expenses in 2023 were management and administrative expenses related to the maintenance of the 501(c)(3) organization.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 8
- Transparency & Controls: 100
- Sustainability: 81
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 12.3%; rating input score 12
- Program expense ratio: Limited
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: 72%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 4.53; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 27.1% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 34.7% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 12.3% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 12/100.