Consistent reporting of $0 executive compensation raises concerns about transparency and potential hidden compensation.
Program spending as a percentage of total expenses has declined from 67% in 2017 to 59% in 2023, while fundraising expenses have increased significantly.
Strengths
The organization maintains a strong asset base, with total assets growing from $20.5 million in 2016 to $23.5 million in 2023.
Revenue has shown consistent growth, increasing from $3.3 million in 2016 to $11.1 million in 2023.
AI Transparency Report
Homeless Solutions Inc is a unknown nonprofit based in Cedar Knolls, New Jersey, with reported revenue of $11.1M and assets of $23.5M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 59% of spending goes to programs, 10% to administration, and 31% to fundraising. Executive compensation is reported as $0 across all available filings, which is highly uncommon for an organization with over $11 million in revenue and suggests potential underreporting or alternative compensation structures. Revenue has grown +73% across 13 filing periods.