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Georgia · Nonprofit

INITIATIVE FOR AFFORDABLE HOUSING INC

INITIATIVE FOR AFFORDABLE HOUSING INC (Georgia) receives grants from 19 organizations whose IRS filings report $693,219 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($135,256). 9 of them have funded it in more than one year.

Revenue FY2024
$1.8M
Funders on record
19
Grants received
$693k
Net assets
$1.8M
9/19 repeat funderspeak grant-dependency 6%
01What it does

What Initiative for Affordable Housing Inc does

Mission

Providing affordable low-income family housing, assistance for homeless families, and an employment training program.

As stated on its FY2024 Form 990.

Programs

  1. The organization provides low-income housing to households with income at or below hud income guidelines. Approximately 355 families are served.

    $1,893,311 spent
    77% of program spending

  2. The organization offers homeless families permanent affordable housing, along with supportive services and resources to help make a house (or an apartment) a home.

    $100,611 spent
    4% of program spending

  3. The organization provides an employment program for low income persons.

    $452,206 spent
    18% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,446,128.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.0M) Expenses 100 ($2.1M) Net assets -26 ($-454544)2018 Revenue 90 ($1.8M) Expenses 98 ($2.0M) Net assets -38 ($-665971)2019 Revenue 117 ($2.4M) Expenses 96 ($2.0M) Net assets -17 ($-294039)2020 Revenue 125 ($2.5M) Expenses 102 ($2.1M) Net assets 100 ($1.7M)2021 Revenue 111 ($2.3M) Expenses 107 ($2.2M) Net assets 16 ($276k)2022 Revenue 105 ($2.1M) Expenses 117 ($2.4M) Net assets 6 ($104k)2023 Revenue 51 ($1.0M) Expenses 64 ($1.3M) Net assets 170 ($3.0M)2024 Revenue 90 ($1.8M) Expenses 130 ($2.7M) Net assets 101 ($1.8M)
'17'18'19'20'21'22'23'24
Revenue (90)Expenses (130)Net assets (101)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $6.1M to $8.0M (+31%).

$6.3M
$5.9M
$6.1M
$8.0M
$6.3M
$6.0M
$6.0M
$4.9M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 1% · 2019 0% · 2020 26% · 2021 0% · 2022 1%. Grants only. Government contracts and fees sit inside program revenue.

8% of INITIATIVE FOR AFFORDABLE HOUSING INC’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$52k
’17
−$211k
’18
$372k
’19
$413k
’20
$33k
’21
−$297k
’22
−$292k
’23
−$880k
’24
3.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed512131516171616
Joined·+10+3+2+3+4+2+0
No longer listed·3202330
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 8 funders, grant income rose $5k → $67k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
2
2
3
8
10
8
8
4
1

4 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 35% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of INITIATIVE FOR AFFORDABLE HOUSING INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INITIATIVE FOR AFFORDABLE HOUSING INC has a broad base — no single funder exceeds 20% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

85% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INITIATIVE FOR AFFORDABLE HOUSING INC.

20%
largest funder
54%
top three
~8
effective funders

Largest funder’s share by year: 2017 57% · 2018 84% · 2019 67% · 2020 32% · 2021 26% · 2022 29% · 2023 37% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

60% of INITIATIVE FOR AFFORDABLE HOUSING INC's funders are still giving 3 years after their first grant; 47% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

INITIATIVE FOR AFFORDABLE HOUSING INC draws 73% of its grant income from funders outside Georgia, across 5 states in all.

CA
MO
MD
GA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Georgia out of state home

Funder states come from each funder’s own filing. $241k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

INITIATIVE FOR AFFORDABLE HOUSING INC's funding base is broadening — from 2 funders to 8 as grant income climbed.

Operating margin−48% · bottom quartile
Months of reserve3.7mo · below the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Organizations like INITIATIVE FOR AFFORDABLE HOUSING INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Status Home Inc F/K/A Jerusalem House Inc82%Interfaith Outreach Home Inc80%Our House Inc79%Habitat for Humanity - North Central Georgia Inc79%Greene County Habitat for Humanity Inc79%Project Community Connections Inc79%The Investors Academy Inc79%Habitat for Humanity in Atlanta Inc79%

Nationally

Interfaith Housing Alliance Inc85%Affordable Housing and Services Collaborative Inc85%Affordable Housing Institute Inc84%Affordable Housing Access Inc84%Low Income Housing Institute84%North Hills Affordable Housing Inc83%Immanuel Affordable Inc83%Affordable Housing Matters Inc83%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

GA

Part of a family of 4 related entities

  • Magnolia Circle LP · partnership
  • Initiative Kirkwood LP · partnership
  • Magnolia Circle Partners Inc · corp_trust
  • Initiative Kirkwood Partners Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for INITIATIVE FOR AFFORDABLE HOUSING INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INITIATIVE FOR AFFORDABLE HOUSING INC?
INITIATIVE FOR AFFORDABLE HOUSING INC (Georgia) receives grants from 19 organizations whose IRS filings report $693,219 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($135,256). 9 of them have funded it in more than one year.
How many funders does INITIATIVE FOR AFFORDABLE HOUSING INC have?
IRS filings report 19 organizations giving $693,219 in grants to INITIATIVE FOR AFFORDABLE HOUSING INC, 9 of which have funded it in more than one year.
Who is the largest funder of INITIATIVE FOR AFFORDABLE HOUSING INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $135,256 in grants. The full list of funders is on this page.
How can an organization like INITIATIVE FOR AFFORDABLE HOUSING INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Initiative for Affordable Housing →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing