A Hole In The Roof Foundation
EIN: 270609504 · Southfield, MI · NTEE: L12
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Net Assets | $78K |
Is A Hole In The Roof Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About A Hole In The Roof Foundation
A Hole In The Roof Foundation (EIN: 270609504) is a nonprofit organization based in Southfield, MI, classified under NTEE code L12. The organization reported total revenue of $1.8M and total assets of $376K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Hole In The Roof Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Hole In The Roof Foundation is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$16K |
| Total Assets | $186K |
| Total Liabilities | $108K |
| Net Assets | $78K |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 58.2% |
| Months of Reserves | 1.3 months |
Financial Health Grade: B
In 2023, A Hole In The Roof Foundation reported a surplus of $16K with revenue exceeding expenses, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 58.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), A Hole In The Roof Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.4% | +49.2% | +16.2% |
| 2022 | +9.1% | +60.3% | -35.8% |
| 2021 | -2.7% | -18.8% | +182.0% |
| 2020 | +41.5% | +20.0% | +26.6% |
| 2019 | -9.5% | +13.3% | -57.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for A Hole In The Roof Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Hole In The Roof Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.2%.
Frequently Asked Questions about A Hole In The Roof Foundation
Is A Hole In The Roof Foundation a legitimate charity?
A Hole In The Roof Foundation (EIN: 270609504) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: B.
How does A Hole In The Roof Foundation spend its money?
A Hole In The Roof Foundation reported $1.8M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to A Hole In The Roof Foundation tax-deductible?
A Hole In The Roof Foundation is registered as a tax-exempt nonprofit (EIN: 270609504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is A Hole In The Roof Foundation located?
A Hole In The Roof Foundation is headquartered in Southfield, Michigan and files with the IRS under EIN 270609504. It is classified under NTEE code L12.
How many years of IRS 990 filings does A Hole In The Roof Foundation have?
A Hole In The Roof Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Filing History
IRS 990 filing history for A Hole In The Roof Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), A Hole In The Roof Foundation's revenue has grown by 353.8%, moving from $376K to $1.7M. Total assets decreased by 35% over the same period, from $286K to $186K. Total functional expenses rose by 414.8%, from $328K to $1.7M. In its most recent filing year (2023), A Hole In The Roof Foundation reported a surplus of $16K, with revenue exceeding expenses. The organization holds $108K in liabilities against $186K in assets (debt-to-asset ratio: 58.2%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.7M | $186K | $108K | — | — |
| 2022 | $945K | $1.1M | $160K | $99K | — | View 990 |
| 2021 | $867K | $706K | $249K | $0 | — | View 990 |
| 2020 | $891K | $869K | $88K | $0 | — | View 990 |
| 2019 | $629K | $724K | $70K | $3K | — | View 990 |
| 2018 | $695K | $639K | $162K | $799 | — | View 990 |
| 2017 | $493K | $575K | $118K | $13K | — | View 990 |
| 2016 | $612K | $585K | $218K | $32K | — | View 990 |
| 2015 | $315K | $407K | $170K | $11K | — | View 990 |
| 2014 | $422K | $385K | $265K | $13K | — | View 990 |
| 2013 | $458K | $449K | $253K | $38K | — | View 990 |
| 2012 | $435K | $510K | $211K | $5K | — | View 990 |
| 2011 | $376K | $328K | $286K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $186K (revenue +80.4% year-over-year).
- 2022: Revenue of $945K, expenses of $1.1M, and assets of $160K (revenue +9.1% year-over-year).
- 2021: Revenue of $867K, expenses of $706K, and assets of $249K (revenue -2.7% year-over-year).
- 2020: Revenue of $891K, expenses of $869K, and assets of $88K (revenue +41.5% year-over-year).
- 2019: Revenue of $629K, expenses of $724K, and assets of $70K (revenue -9.5% year-over-year).
- 2018: Revenue of $695K, expenses of $639K, and assets of $162K (revenue +41.0% year-over-year).
- 2017: Revenue of $493K, expenses of $575K, and assets of $118K (revenue -19.4% year-over-year).
- 2016: Revenue of $612K, expenses of $585K, and assets of $218K (revenue +94.6% year-over-year).
- 2015: Revenue of $315K, expenses of $407K, and assets of $170K (revenue -25.5% year-over-year).
- 2014: Revenue of $422K, expenses of $385K, and assets of $265K (revenue -7.8% year-over-year).
- 2013: Revenue of $458K, expenses of $449K, and assets of $253K (revenue +5.1% year-over-year).
- 2012: Revenue of $435K, expenses of $510K, and assets of $211K (revenue +15.9% year-over-year).
- 2011: Revenue of $376K, expenses of $328K, and assets of $286K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Hole In The Roof Foundation:
Data Sources and Methodology
This transparency report for A Hole In The Roof Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.