Quick charity verification for Building Homes For Heroes Inc (EIN: 204540852)
Verdict: Building Homes For Heroes Inc appears trustworthy
95/100Mission Score
$20.6MRevenue
$20.9MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation reported across all filings, indicating high efficiency and mission focus.
Healthy and stable asset base, consistently above $14 million in recent years, demonstrating financial stability.
Strong financial solvency with liabilities consistently low relative to assets.
Consistent revenue generation, often exceeding $10 million annually, supporting sustained operations.
AI Transparency Report
Building Homes For Heroes Inc. demonstrates consistent financial activity, with revenues and expenses generally in the range of $10-13 million over the past several years, peaking at $17.5 million in 2015. The organization maintains a healthy asset base, consistently above $14 million, indicating financial stability. A notable strength is the reported 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances its transparency and public trust.
While specific program spending ratios are not provided in the raw data, the consistent operational scale and asset growth suggest effective management of resources. The organization's liabilities have generally been well-managed relative to its assets, with recent periods showing lower liability figures, further reinforcing financial health. The absence of officer compensation is a key indicator of efficiency and a donor-centric approach.
Overall, Building Homes For Heroes appears to be a financially sound organization with a commendable approach to executive compensation, which contributes positively to its transparency and perceived efficiency. Its consistent operations and asset accumulation suggest a stable and well-managed entity focused on its mission.