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GOLDENRULE HOUSING AND COMMUNITY DEVELOPMENT INC

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Public IRS 990 nonprofit record

GOLDENRULE HOUSING AND COMMUNITY DEVELOPMENT INC

EIN 59-3063080 · Housing Support (L80)

What they do

WE SEEK to SERVE THE VERY LOW to MODERATE INCOME FAMILIES BY EDUCATING and ASSISTING THE FAMILIES to BECOME FIRST TIME HOMEBUYERS. HOWEVER, OUR SERVICES ARE AVAILABLE to ALL. RECIPIENTS for LOW to MODERATE INCOME FAMILIES ARE BASED ON THE INCOME GUIDELINES THAT ARE DETERMINED BY HUD and RUAL PROGRAMS. GOLDEN RULE HOUSING and COMMUNITY DEVELOPMENT WILL GIVE BACK to THE COMMUNITY BY WAY of PROVIDING FREE RESOURCE and REFERRAL SERVICES and PROVIDING SERVICES BELOW MARKET RATES. 100% of THE ORGANIZATIONS TIME is SPENT ON THIS ACTIVITY. THE ACTIVITY is FUNDING BY DONATIONS, MAIL SOLICITATIONS, PHONE SOLICITATIONS, and EMAIL SOLICITATIONS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $90.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

82.46%of revenue went to mission work90.4% of expenses · Program services
$91.20spent for every $100 of revenueRevenue covered expenses this year.
8.75%of revenue went to management and office costs9.6% of expenses
$0.15in assets for every $1 spent this yearSome assets cannot be spent right away.
1.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$355,173
Mission workProgram services$292,85882.46% of revenue90.4% of expenses
ManagementOffice and general costs$31,0648.75% of revenue9.6% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$31,2518.80% of revenueShown in gray on the chart
Total expenses$323,92291.20% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2023CurrentExpense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 91.20% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 96.10% of revenue

Money in and money out

Revenue$355,173
Expenses$323,922
Annual surplus $31,251 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$292,858 · 90.4% of expenses
Management and office costs$31,064 · 9.6% of expenses
See all reported dollar amounts
Revenue$355,173
Expenses$323,922
Assets$49,708
Income$355,173
Contributions$6,360
Mission work (program services)$292,858
Management and general$31,064
Executive compensation (total)$6,183
Accounting fees$561
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

CALVIN HENDERSONPRESIDENT

CARSHEENA BAKERMEMBER

CYNTHIA HAMILTON SMITHEXECUTIVE DI

JULIA LEWISVICE PRESIDE

WILBERT BRYANTTREASURER

About this charity

Recognized since
January 2022
Location
417 E 2ND ST, SANFORD, FL 32771-1345
County
Seminole
In care of
OLATUNJI OYEWALE
Primary officer
OLATUNJI OYEWALE, CONSTRUCTION DIRECTO

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
October 1, 2023
Return type
990
Tax preparer
MKA ADVISORY LLC
NTEE classification
Housing Support (L80)
IRS tax category
Housing Support

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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