First Richland-morrow Housing Inc II is a 501(c)(3) organization based in Gahanna, Ohio, registered in 1989, with $381,420 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$381K
▲ 6.3% vs prior year
Expenses (FY2024)
$292K
Net assets
-$21K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for First Richland-morrow Housing Inc II— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For First Richland-morrow Housing Inc II: 0 mo reserves · +23% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for First Richland-morrow Housing Inc II— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For First Richland-morrow Housing Inc II: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $315K (FY2013) to $381K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
23.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$479K
Total liabilities
$500K
Net assets
-$21K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $381,420▲6.3% | $292,030▼12.7% | -$21,199▲80.8% | $479,126▲6.4% | 990 |
| 2023 | $358,860▲1.7% | $334,588▲9.9% | -$110,589▲18.0% | $450,283▼0.6% | 990 |
| 2022 | $352,812▲1.3% | $304,421▼8.8% | -$134,861▲26.4% | $452,885▼3.5% | 990 |
| 2021 | $348,391▼1.4% | $333,802▼0.1% | -$183,252▲7.4% | $469,155▼2.6% | 990 |
| 2020 | $353,232▲3.8% | $334,150▼5.9% | -$197,841▲8.8% | $481,440▼3.6% | 990 |
| 2019 | $340,278▼0.2% | $354,930▼0.6% | -$216,923▼7.2% | $499,661▼9.9% | 990 |
| 2018 | $341,087▼1.9% | $356,976▲7.9% | -$202,271▼8.5% | $554,834▼3.6% | 990 |
| 2017 | $347,673▲9.4% | $330,890▲9.0% | -$186,382▲8.3% | $575,276▼4.5% | 990 |
| 2016 | $317,665▼3.6% | $303,613▲2.3% | -$203,165▲6.5% | $602,676▲1.4% | 990 |
| 2015 | $329,654▲1.5% | $296,867▲3.4% | -$217,217▲13.1% | $594,267▲2.1% | 990 |
| 2014 | $324,754▲3.2% | $287,017▼2.3% | -$250,004▲13.1% | $581,926▲1.9% | 990 |
| 2013 | $314,740 | $293,691▲2.3% | -$287,741▲6.8% | $570,812▲1.8% | 990 |
| 2012 | — | $287,102▲11.1% | -$308,790▲4.0% | $560,912▼1.8% | 990 |
| 2011 | — | $258,409▲6.0% | -$321,602▲13.9% | $571,446▲0.8% | 990 |
| 2010 | — | $243,712 | -$373,652 | $566,888 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for First Richland-morrow Housing Inc II (EIN 34-1615697) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.