Charity Search / NORMAN AFFORDABLE HOUSING CORPORATION
Housing & Shelter (L21) 990 on File

NORMAN AFFORDABLE HOUSING CORPORATION

EIN: 73-1529495 · NORMAN, OK 73069-7562 · United States · FY 2025 Data
2 out of 5 39 / 100 Based on 2+ years of filings
Financial strength (30%) 65/100
Reliability (20%) 55/100
Effectiveness (25%) 35/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$590K
Total Revenue
$562K
Total Expenses
$5.8M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 53.4%
Fundraising Efficiency N/A
Operating Reserve 123.05x
Liability-to-Asset 1.5%
Revenue Diversification 92.4%
Compared with Peers
FY 2025
Compared with 2,936 similar organizations (United States, Housing & Shelter, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
53.4% 87.3%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
46.6% 11.8%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
123.1 mo 13.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.5% 21.9%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
92.4% 90.8%
P10P90
Below median
Surplus margin
Surplus as a share of revenue
4.8% -6.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $590K $562K $5.8M 53.4% 0
2023 $2.2M $1.2M $5.6M 80.9% 0
2022 $1.1M $447K $4.9M 61.5% 0
2021 $383K $373K N/A 0
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Organization Details
EIN
73-1529495
State
OK
City
NORMAN
ZIP
73069-7562
Classification
L21
Category
Housing & Shelter
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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