AI Transparency Report
Housing Foundation Of America Inc demonstrates consistent growth in revenue and assets over the past few years, indicating a stable financial trajectory. For instance, revenue increased from $416,579 in 2020 to $764,861 in 2023, and assets grew from $421,545 to $695,829 in the same period. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. Their spending efficiency appears reasonable, with expenses generally tracking closely with revenue, suggesting effective management of resources.
The organization's liabilities have shown some fluctuation, reaching $286,111 in 2023, which is a notable portion of their assets. However, the overall trend of increasing assets alongside revenue suggests a healthy financial position. The consistent filing of IRS 990 forms over 15 periods further underscores their commitment to transparency and regulatory compliance.