First Richland-morrow Housing Inc III
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves
First Richland-morrow Housing Inc III is a 501(c)(3) organization based in Gahanna, Ohio, registered in 1989, with $328,983 in FY2024 revenue. CharityIndex grades it D.
947 E Johnstown Road Suite 253, Gahanna, OH, 43230 EIN 34-1615696 Since 1989
Revenue (FY2024)
$329K
▲ 6.8% vs prior year
Expenses (FY2024)
$279K
Net assets
-$109K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 III— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +15% margin
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 III: 0 mo reserves · +15% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 III— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 III: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $184K (FY2010) to $329K (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $437KNet assets -$109K
Operating margin
15.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$328K
Total liabilities
$437K
Net assets
-$109K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $328,983▲6.8% | $279,168▼9.7% | -$108,971▲31.4% | $327,683▲2.8% | 990 |
| 2023 | $307,925▲0.8% | $309,087▼6.6% | -$158,786▼0.7% | $318,902▼9.2% | 990 |
| 2022 | $305,462▲2.8% | $330,973▼2.8% | -$157,624▼19.3% | $351,124▼16.5% | 990 |
| 2021 | $297,207▲3.2% | $340,443▲14.9% | -$132,113▼48.6% | $420,521▼11.8% | 990 |
| 2020 | $287,920▼0.5% | $296,382▼7.1% | -$88,877▼10.5% | $476,981▼9.3% | 990 |
| 2019 | $289,386▲2.2% | $319,139▲10.0% | -$80,415▼58.7% | $525,803▼8.7% | 990 |
| 2018 | $283,105▼6.4% | $290,086▼9.6% | -$50,662▼16.0% | $576,104▼8.2% | 990 |
| 2017 | $302,415▼6.6% | $320,749▼3.3% | -$43,681▼72.3% | $627,688▼7.4% | 990 |
| 2016 | $323,944▲0.7% | $331,864▲32.0% | -$25,347▼45.4% | $677,750▲3.9% | 990 |
| 2015 | $321,564▲7.7% | $251,344▲7.4% | -$17,427▲80.1% | $652,359▲5.1% | 990 |
| 2014 | $298,605▼4.2% | $233,978▼8.9% | -$87,647▲42.4% | $620,408▲11.9% | 990 |
| 2013 | $311,699 | $256,803▲0.9% | -$152,274▲26.5% | $554,669▲9.2% | 990 |
| 2012 | — | $254,561▲10.4% | -$207,170▲22.1% | $507,771▲4.1% | 990 |
| 2011 | — | $230,493▲8.1% | -$266,030▲21.5% | $487,676▲7.9% | 990 |
| 2010 | $184,164 | $213,292 | -$338,926 | $452,042 | 990EZ |
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.
Frequently asked questions
- Is First Richland-morrow Housing Inc III a legitimate nonprofit?
- Yes. First Richland-morrow Housing Inc III is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1615696, based in Gahanna, Ohio. Donations are tax-deductible.
- What is First Richland-morrow Housing Inc III's EIN?
- First Richland-morrow Housing Inc III's Employer Identification Number (EIN) is 34-1615696.
- How much revenue does First Richland-morrow Housing Inc III report?
- First Richland-morrow Housing Inc III reported $328,983 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does First Richland-morrow Housing Inc III have?
- CharityIndex grades First Richland-morrow Housing Inc III D, based on financial health (reserves and operating margin).
More nonprofits in Gahanna
Explore more
Data for First Richland-morrow Housing Inc III (EIN 34-1615696) 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.