Is Plus Group Homes Inc Legit?

Quick charity verification for Plus Group Homes Inc (EIN: 112530267)

Verdict: Plus Group Homes Inc appears trustworthy

90/100Mission Score
$13.7MRevenue
$6.7MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Plus Group Homes Inc. demonstrates consistent operational activity with revenues generally exceeding or closely matching expenses over the past decade, indicating a stable financial footing. For instance, in 2023, expenses of $12,509,915 were slightly higher than revenues of $12,143,675, a common occurrence for organizations managing significant program delivery. The organization's assets have fluctuated but remained substantial, with $6,098,340 in assets reported in 2023, suggesting a reasonable capacity to support its operations. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation suggests a lean approach to executive overhead. The organization's NTEE code P700 (Residential Care & Adult Day Programs) implies a high proportion of spending would naturally be directed towards direct care and operational costs associated with residential services. The consistent filing history over 13 periods further underscores a commitment to regulatory compliance and transparency. Overall, Plus Group Homes Inc. appears to be a financially stable organization with a strong commitment to transparency, particularly regarding executive compensation. Its consistent revenue generation and asset base provide a solid foundation for its mission, though a detailed breakdown of spending categories would offer even greater insight into its spending efficiency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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