Nbc USA Housing Inc Twenty-four is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 1989, with $473,478 in FY2022 revenue. CharityIndex grades it F.
Revenue (FY2022)
$473K
▲ 26.1% vs prior year
Expenses (FY2022)
$514K
Net assets
-$897K
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 Nbc USA Housing Inc Twenty-four— 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 Nbc USA Housing Inc Twenty-four: 0 mo reserves · -9% margin earns a F 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 Nbc USA Housing Inc Twenty-four— 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 Nbc USA Housing Inc Twenty-four: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue grew from $388K (FY2020) to $473K (FY2022) across 3 reported years.
Financial snapshot
Operating margin
-8.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$2.7M
Net assets
-$897K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $473,478▲26.1% | $514,471▲13.3% | -$896,754▼4.8% | $1,841,262▼2.1% | 990 |
| 2021 | $375,513▼3.3% | $453,991▲14.6% | -$855,761▼348% | $1,881,632▼3.3% | 990 |
| 2020 | $388,369 | $396,206 | -$191,083 | $1,946,007 | 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 Nbc USA Housing Inc Twenty-four (EIN 52-1639996) 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.