Quick charity verification for United Methodist Homes Foundation (EIN: 161401063)
Verdict: United Methodist Homes Foundation appears trustworthy
85/100Mission Score
$14.9MRevenue
$42.6MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation without clear explanation
Significant year-over-year fluctuations in revenue and expenses without detailed context
Strengths
Strong and stable asset base (e.g., $42.58 million latest assets)
Consistently low liabilities (e.g., $53,126 in 2023), indicating strong financial health
Positive net assets, demonstrating financial stability
NTEE code E120 aligns with mission, suggesting focused program activities
AI Transparency Report
United Methodist Homes Foundation demonstrates a generally stable financial position with significant assets relative to its annual expenses. While revenue and expenses have fluctuated over the past decade, the organization consistently maintains substantial assets, peaking at $44.49 million in 2021. The foundation's liabilities are consistently low, indicating strong financial management and minimal reliance on debt. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests either a volunteer leadership structure or that compensation is handled by a related entity, warranting further investigation for complete transparency. The organization's NTEE code E120 (Nursing Facilities) aligns with its mission, and the financial data supports its operational capacity.