Center For American Homeless Veterans Inc
Homeless Veterans Charity Consistently Reports Zero Assets and Operates with Liabilities.
EIN: 203002685 · Oakton, VA · NTEE: W013 · Updated: 2026-03-28
Is Center For American Homeless Veterans Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For American Homeless Veterans Inc directs 30% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Center For American Homeless Veterans Inc
Center For American Homeless Veterans Inc (EIN: 203002685) is a nonprofit organization based in Oakton, VA, classified under NTEE code W013. The organization reported total revenue of $521K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For American Homeless Veterans Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Center For American Homeless Veterans Inc with a Mission Score of 25 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 35%
- programs: 30%
- fundraising: 35%
According to IRS 990 filings, Center For American Homeless Veterans Inc allocates its expenses as follows: admin: 35%, programs: 30%, fundraising: 35%. Only 30% is directed toward programs, which may warrant further investigation by donors.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that no salaries were paid to officers or key employees, or that these costs are embedded within other expense categories not explicitly disclosed as compensation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Center For American Homeless Veterans Inc's IRS 990 filings:
- Consistent reporting of $0 in assets across all filings.
- Persistent reporting of liabilities without corresponding assets.
- Significant year-over-year revenue volatility (e.g., $3.5M in 2017 to $0.5M in 2019).
- Expenses frequently exceed revenue, indicating operational deficits (e.g., 2019: $549,289 expenses vs. $520,121 revenue).
- Lack of clear detailed functional expense breakdown in summary data to verify program spending efficiency.
Strengths
The following positive indicators were identified for Center For American Homeless Veterans Inc:
- Reports 0% officer compensation, indicating no direct salary payments to executives from the organization's funds.
- Consistent filing of IRS Form 990s, demonstrating compliance with reporting requirements.
Frequently Asked Questions about Center For American Homeless Veterans Inc
Is Center For American Homeless Veterans Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For American Homeless Veterans Inc (EIN: 203002685) significant concerns. Mission Score: 25/100. 5 red flags identified, 2 strengths noted.
How does Center For American Homeless Veterans Inc spend its money?
Center For American Homeless Veterans Inc directs 30% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Center For American Homeless Veterans Inc tax-deductible?
Center For American Homeless Veterans Inc is registered as a tax-exempt nonprofit (EIN: 203002685). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does the organization consistently report $0 in assets?
The consistent reporting of $0 in assets across all nine available IRS 990 filings is highly unusual for a nonprofit and raises significant questions about financial management, the nature of its operations, and its ability to build any financial reserves or acquire tangible resources to support its mission.
How are liabilities managed given the zero asset base?
The organization consistently reports liabilities (e.g., $137,510 in 2019) without any corresponding assets. This suggests that the organization may be operating on a cash-only basis, potentially relying on future donations to cover current obligations, which can be a precarious financial position.
What is the detailed breakdown of program service expenses?
Without access to the full IRS 990 forms, it is difficult to ascertain the specific program services provided and the exact percentage of total expenses directly allocated to assisting homeless veterans. The summary data does not provide this level of detail, which is crucial for assessing impact.
What caused the significant revenue decline from $3.5 million in 2017 to $520,121 in 2019?
The drastic drop in revenue from $3,520,988 in 2017 to $520,121 in 2019 indicates significant instability in funding or a major change in operational scale, which could impact the organization's ability to fulfill its mission.
Filing History
IRS 990 filing history for Center For American Homeless Veterans Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Center For American Homeless Veterans Inc's revenue has grown by 38.8%, moving from $375K to $520K. Total assets decreased by 100% over the same period, from $1K to $0. Total functional expenses rose by 45.9%, from $376K to $549K. In its most recent filing year (2019), Center For American Homeless Veterans Inc reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $520K | $549K | $0 | $138K | — | View 990 |
| 2018 | $2.2M | $2.2M | $11K | $120K | — | View 990 |
| 2017 | $3.5M | $3.4M | $21K | $72K | — | View 990 |
| 2016 | $2.4M | $2.5M | $13K | $139K | — | View 990 |
| 2015 | $2.8M | $2.8M | $17K | $125K | — | View 990 |
| 2014 | $2.1M | $2.1M | $9K | $144K | — | — |
| 2013 | $2.1M | $2.1M | $6K | $141K | — | View 990 |
| 2012 | $792K | $805K | $3K | $75K | — | View 990 |
| 2011 | $375K | $376K | $1K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $520K, expenses of $549K, and assets of $0 (revenue -75.8% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.2M, and assets of $11K (revenue -38.9% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.4M, and assets of $21K (revenue +43.9% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.5M, and assets of $13K (revenue -12.1% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.8M, and assets of $17K (revenue +30.9% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.1M, and assets of $9K (revenue +3.1% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $6K (revenue +160.4% year-over-year).
- 2012: Revenue of $792K, expenses of $805K, and assets of $3K (revenue +111.4% year-over-year).
- 2011: Revenue of $375K, expenses of $376K, and assets of $1K.
Data Sources and Methodology
This transparency report for Center For American Homeless Veterans Inc 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.