Quick charity verification for Home For Home Inc (EIN: 10947984)
Verdict: Home For Home Inc appears trustworthy
80/100Mission Score
$130KRevenue
$30KAssets
2Red Flags
3Strengths
Red Flags
Significant deficit spending in 2023 ($154,493 expenses vs. $131,324 revenue)
Substantial decline in assets from $41,324 in 2020 to $13,203 in 2023
Strengths
Consistent 0% officer compensation across all ten years of filings
Long history of IRS 990 filings demonstrating transparency
Consistent revenue generation over a decade, indicating sustained donor support
Spending Breakdown
How Home For Home Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Home For Home Inc
Is Home For Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Home For Home Inc (EIN: 10947984) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Home For Home Inc a good charity to donate to?
Home For Home Inc has a Mission Score of 80/100. Revenue: $130K. Assets: $30K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Home For Home Inc?
The Employer Identification Number (EIN) for Home For Home Inc is 10947984. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Home For Home Inc spend its money?
Home For Home Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Home For Home Inc's tax-exempt status?
You can verify Home For Home Inc's tax-exempt status using EIN 10947984 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Home For Home Inc demonstrates consistent operational activity with revenues generally exceeding expenses in recent years, though 2023 saw expenses outpace revenue by over $23,000. The organization's assets have fluctuated, reaching a high of $41,324 in 2020 before declining to $13,203 in 2023. This recent decline in assets, coupled with the deficit spending in 2023, suggests a need for closer monitoring of financial stability. The consistent reporting of 0% officer compensation across all ten filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for donor confidence.
While the organization's financial health shows some volatility, particularly with the 2023 deficit, its long history of operations and consistent revenue generation around the $100,000-$130,000 mark suggests a stable, albeit modest, operational capacity. The lack of officer compensation enhances its spending efficiency from an executive overhead perspective. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. The organization's consistent filing of IRS Form 990s over a decade demonstrates a commitment to transparency regarding its financial activities.