Noahs Ark-affordable Housing Inc
Only null% goes to programs Strong reserves Growing revenue
Noahs Ark-affordable Housing Inc is a 501(c)(3) organization based in Roseville, Minnesota, registered in 1994, with $2,135,325 in FY2023 revenue. CharityIndex grades it B.
2845 Hamline Ave N, Roseville, MN, 55113 EIN 41-1777250 Since 1994
Revenue (FY2023)
$2.1M
▲ 10.4% vs prior year
Housing median: $408K
Expenses (FY2023)
$1.5M
Net assets
$4.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Noahs Ark-affordable Housing Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating34 mo reserves · +29% 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 Noahs Ark-affordable Housing Inc: 34 mo reserves · +29% margin earns a A 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 Noahs Ark-affordable Housing Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Noahs Ark-affordable Housing Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2845 Hamline Ave N, Roseville, MN, 55113
- City
- Roseville
- State
- Minnesota
- Category
- Housing & Shelter
- Subcategory
- Housing Programs
- Website
- …
Financial trends
Revenue grew from $1.8M (FY2013) to $2.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.6MNet assets $4.3M
Operating margin
29.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.9M
Total liabilities
$3.6M
Net assets
$4.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,135,325▲10.4% | $1,514,751▲0.9% | $4,291,186▲16.9% | $7,906,248▲4.3% | 990 |
| 2022 | $1,933,821▲18.4% | $1,501,252▼3.4% | $3,670,612▲13.4% | $7,576,865▲1.7% | 990 |
| 2021 | $1,633,810▼7.3% | $1,553,670▲0.8% | $3,238,043▲2.5% | $7,451,326▼4.3% | 990 |
| 2020 | $1,761,786▲1.5% | $1,542,014▼1.0% | $3,157,903▲7.5% | $7,788,549▼1.5% | 990 |
| 2019 | $1,735,158▲6.9% | $1,557,930▼11.2% | $2,938,131▲6.4% | $7,907,654▼0.4% | 990 |
| 2018 | $1,623,329▼25.0% | $1,754,770▼15.6% | $2,760,903▼4.5% | $7,937,946▼4.5% | 990 |
| 2017 | $2,164,888▲1.8% | $2,078,648▲0.9% | $2,892,344▲3.1% | $8,309,625▼3.8% | 990 |
| 2016 | $2,127,339▲3.9% | $2,059,940▲0.4% | $2,806,104▲2.5% | $8,637,677▼2.3% | 990 |
| 2015 | $2,047,027▲3.4% | $2,051,884▲17.8% | $2,738,705▼0.2% | $8,836,524▼0.6% | 990 |
| 2014 | $1,980,071▲9.1% | $1,742,194▲5.3% | $2,743,562▲9.5% | $8,891,020▼1.6% | 990 |
| 2013 | $1,814,508 | $1,654,582▲33.8% | $2,505,685▲6.8% | $9,033,656▼0.2% | 990 |
| 2012 | — | $1,236,466▼2.7% | $2,345,759▲11.1% | $9,049,449▲0.2% | 990 |
| 2011 | — | $1,270,778▲0.4% | $2,111,495▲2.2% | $9,034,740▼3.8% | 990 |
| 2010 | — | $1,265,660▲2.0% | $2,066,975▲0.4% | $9,388,837▲0.7% | 990 |
| 2009 | — | $1,240,662 | $2,059,202 | $9,326,801 | 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 Noahs Ark-affordable Housing Inc a legitimate nonprofit?
- Yes. Noahs Ark-affordable Housing Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1777250, based in Roseville, Minnesota. Donations are tax-deductible.
- What is Noahs Ark-affordable Housing Inc's EIN?
- Noahs Ark-affordable Housing Inc's Employer Identification Number (EIN) is 41-1777250.
- How much revenue does Noahs Ark-affordable Housing Inc report?
- Noahs Ark-affordable Housing Inc reported $2,135,325 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Noahs Ark-affordable Housing Inc have?
- CharityIndex grades Noahs Ark-affordable Housing Inc B, based on financial health (reserves and operating margin).
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Data for Noahs Ark-affordable Housing Inc (EIN 41-1777250) 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.