Volga-canal Housing Inc
Only null% goes to programs Strong reserves Growing revenue
Volga-canal Housing Inc is a 501(c)(3) organization based in Hays, Kansas, registered in 1991, with $124,086 in FY2023 revenue. CharityIndex grades it C+.
Po Box 310, Hays, KS, 67601 EIN 48-1087628 Since 1991
Revenue (FY2023)
$124K
▲ 2.1% vs prior year
Housing median: $408K
Expenses (FY2023)
$75K
Net assets
$277K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 Volga-canal 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 rating44 mo reserves · +39% 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 Volga-canal Housing Inc: 44 mo reserves · +39% 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 Volga-canal 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 →
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 Volga-canal Housing Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 310, Hays, KS, 67601
- City
- Hays
- State
- Kansas
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $87K (FY2010) to $124K (FY2023) across 14 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $34KNet assets $277K
Operating margin
39.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$311K
Total liabilities
$34K
Net assets
$277K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $124,086▲2.1% | $75,473▼5.3% | $276,749▲21.3% | $310,566▲3.3% | 990EZ |
| 2022 | $121,500▲12.6% | $79,724▼1.8% | $228,136▲31.8% | $300,595▲12.8% | 990EZ |
| 2021 | $107,941▲8.5% | $81,215▲32.4% | $173,055▲18.3% | $266,421▲2.3% | 990EZ |
| 2020 | $99,474▼4.0% | $61,355▼16.1% | $146,329▲35.2% | $260,327▲7.8% | 990EZ |
| 2019 | $103,622▼7.4% | $73,109▼15.6% | $108,210▲39.3% | $241,448▲6.5% | 990EZ |
| 2018 | $111,867▼0.8% | $86,638▲4.4% | $77,697▲48.1% | $226,689▼1.1% | 990EZ |
| 2017 | $112,780▲17.5% | $83,017▼4.4% | $52,468▲131% | $229,304▲9.4% | 990EZ |
| 2016 | $95,956▼3.6% | $86,869▼17.6% | $22,705▲563% | $209,646▲8.2% | 990EZ |
| 2015 | $99,529▼2.4% | $105,480▲23.0% | -$4,903▲0.9% | $193,788▼7.4% | 990EZ |
| 2014 | $101,928▲18.2% | $85,730▲0.3% | -$4,950▲95.2% | $209,235▲1.1% | 990EZ |
| 2013 | $86,246▲10.9% | $85,511▲7.3% | -$103,714▲14.0% | $207,019▲5.2% | 990EZ |
| 2012 | $77,740▼18.0% | $79,670▲7.4% | -$120,569▼1.6% | $196,797▼0.6% | 990EZ |
| 2011 | $94,831▲9.1% | $74,184▼1.9% | -$118,639▲14.8% | $197,983▲5.3% | 990EZ |
| 2010 | $86,951 | $75,645 | -$139,286 | $187,991 | 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.
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Frequently asked questions
- Is Volga-canal Housing Inc a legitimate nonprofit?
- Yes. Volga-canal Housing Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 48-1087628, based in Hays, Kansas. Donations are tax-deductible.
- What is Volga-canal Housing Inc's EIN?
- Volga-canal Housing Inc's Employer Identification Number (EIN) is 48-1087628.
- How much revenue does Volga-canal Housing Inc report?
- Volga-canal Housing Inc reported $124,086 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Volga-canal Housing Inc have?
- CharityIndex grades Volga-canal Housing Inc C+, based on financial health (reserves and operating margin).
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Data for Volga-canal Housing Inc (EIN 48-1087628) 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.