Housing Now-flaget Inc
Only null% goes to programs Thin reserves Growing revenue
Housing Now-flaget Inc is a 501(c)(3) organization based in Germantown, Tennessee, registered in 1989, with $1,155,967 in FY2024 revenue. CharityIndex grades it F.
2171 Judicial Dr Ste 200, Germantown, TN, 38138 EIN 61-1073244 Since 1989
Revenue (FY2024)
$1.2M
▲ 6.9% vs prior year
Housing median: $408K
Expenses (FY2024)
$960K
Net assets
-$489K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Housing Now-flaget Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +17% 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 Housing Now-flaget Inc: 0 mo reserves · +17% margin earns a F 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 Housing Now-flaget Inc— 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 Housing Now-flaget Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2171 Judicial Dr Ste 200, Germantown, TN, 38138
- City
- Germantown
- State
- Tennessee
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $885K (FY2013) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.1MNet assets -$489K
Operating margin
16.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$2.1M
Net assets
-$489K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,155,967▲6.9% | $960,369▼3.6% | -$489,420▲28.6% | $1,571,728▲5.5% | 990 |
| 2023 | $1,081,580▲10.1% | $995,813▲25.1% | -$685,018▲11.1% | $1,489,630▲2.5% | 990 |
| 2022 | $982,426▲0.3% | $795,774▼19.9% | -$770,785▲19.5% | $1,453,379▼0.1% | 990 |
| 2021 | $979,878▼1.9% | $993,313▲16.7% | -$957,437▼1.4% | $1,455,012▲1.2% | 990 |
| 2020 | $998,743▲2.2% | $851,340▼1.5% | -$944,002▲13.5% | $1,437,462▲6.7% | 990 |
| 2019 | $977,337▲0.2% | $864,202▼2.0% | -$1,091,405▲9.4% | $1,346,815▼0.8% | 990 |
| 2018 | $975,255▲1.3% | $881,628▲2.2% | -$1,204,540▼4.1% | $1,357,047▼4.0% | 990 |
| 2017 | $963,090▲6.5% | $862,796▲8.9% | -$1,157,504▼2.1% | $1,413,579▼8.3% | 990 |
| 2016 | $904,509▼3.6% | $792,179▼8.7% | -$1,133,316▲9.0% | $1,542,085▲6.8% | 990 |
| 2015 | $938,167▲1.3% | $867,573▼9.8% | -$1,245,646▲5.4% | $1,443,402▲1.2% | 990 |
| 2014 | $926,206▲4.6% | $962,168▲13.3% | -$1,316,240▼2.8% | $1,426,184▼5.1% | 990 |
| 2013 | $885,308 | $849,013▲2.1% | -$1,280,278▲2.8% | $1,502,640▼1.8% | 990 |
| 2012 | — | $831,749▲9.3% | -$1,316,573▼5.1% | $1,530,129▼4.7% | 990 |
| 2011 | — | $761,237▲5.1% | -$1,252,255▲0.3% | $1,604,820▼1.7% | 990 |
| 2010 | — | $723,962 | -$1,256,210 | $1,632,284 | 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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Frequently asked questions
- Is Housing Now-flaget Inc a legitimate nonprofit?
- Yes. Housing Now-flaget Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-1073244, based in Germantown, Tennessee. Donations are tax-deductible.
- What is Housing Now-flaget Inc's EIN?
- Housing Now-flaget Inc's Employer Identification Number (EIN) is 61-1073244.
- How much revenue does Housing Now-flaget Inc report?
- Housing Now-flaget Inc reported $1,155,967 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Housing Now-flaget Inc have?
- CharityIndex grades Housing Now-flaget Inc F, based on financial health (reserves and operating margin).
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Data for Housing Now-flaget Inc (EIN 61-1073244) 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.