Cheyhome Inc
Cheyhome Inc. consistently operates at a deficit, drawing down assets to cover expenses.
EIN: 200161308 · Cheyenne, WY · NTEE: P117 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $81K |
| Program Spending | 70% |
| Net Assets | $417K |
| Transparency Score | 60/100 |
Is Cheyhome Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cheyhome Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Cheyhome Inc
Cheyhome Inc (EIN: 200161308) is a nonprofit organization based in Cheyenne, WY, classified under NTEE code P117. The organization reported total revenue of $23K and total assets of $417K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cheyhome Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cheyhome Inc is a micro nonprofit that has been operating for 23 years, with 8 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of -6.4%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $81K |
| Surplus / Deficit | $-57,540 |
| Total Assets | $417K |
| Net Assets | $417K |
| Operating Margin | -250.4% |
| Months of Reserves | 62.2 months |
Financial Health Grade: B
In 2019, Cheyhome Inc reported a deficit of $58K with expenses exceeding revenue, holds 62.2 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2012–2019), Cheyhome Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +2.9% | +115.3% | -12.1% |
| 2018 | +260.6% | +28.6% | -3.1% |
| 2017 | -79.1% | -56.9% | -4.5% |
| 2016 | +16.9% | +158.7% | -6.9% |
| 2015 | -33.0% | -32.0% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cheyhome Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Cheyhome Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $58K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries, which is a positive sign for a small organization with limited revenue.
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 Cheyhome Inc's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $22,980 revenue vs. $80,520 expenses in 2019).
- Declining asset base over time, from $551,243 in 2014 to $417,088 in 2019.
- Revenue generation appears insufficient to cover annual expenses in most periods.
Strengths
The following positive indicators were identified for Cheyhome Inc:
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Cheyhome Inc
Is Cheyhome Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cheyhome Inc (EIN: 200161308) some concerns. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
How does Cheyhome Inc spend its money?
Cheyhome Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cheyhome Inc tax-deductible?
Cheyhome Inc is registered as a tax-exempt nonprofit (EIN: 200161308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cheyhome Inc's spending goes to programs?
Cheyhome Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Cheyhome Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Cheyhome Inc is above average for NTEE category P117 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cheyhome Inc located?
Cheyhome Inc is headquartered in Cheyenne, Wyoming and files with the IRS under EIN 200161308. It is classified under NTEE code P117.
How many years of IRS 990 filings does Cheyhome Inc have?
Cheyhome Inc has 8 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 $23K in total revenue.
Is Cheyhome Inc. a good charity?
Cheyhome Inc. exhibits a commitment to its mission by not paying officer compensation, which is commendable. However, its consistent operating deficits (e.g., $22,980 revenue vs. $80,520 expenses in 2019) and declining asset base raise concerns about its long-term financial viability and ability to sustain its programs.
How does Cheyhome Inc. cover its significant operating deficits?
The organization appears to be covering its operating deficits by drawing down its assets, which have decreased from $551,243 in 2014 to $417,088 in 2019. This is not a sustainable long-term strategy without an increase in revenue.
What is the trend in Cheyhome Inc.'s financial health?
Cheyhome Inc.'s financial health shows a concerning trend of declining assets and consistent operating deficits over the past several years. While revenue fluctuates, expenses frequently exceed revenue by a significant margin, indicating financial strain.
Filing History
IRS 990 filing history for Cheyhome Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Cheyhome Inc's revenue has declined by 36.9%, moving from $36K to $23K. Total assets decreased by 17.3% over the same period, from $504K to $417K. Total functional expenses rose by 152.2%, from $32K to $81K. In its most recent filing year (2019), Cheyhome Inc reported a deficit of $58K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $23K | $81K | $417K | $0 | — | View 990 |
| 2018 | $22K | $37K | $475K | $0 | — | — |
| 2017 | $6K | $29K | $490K | $0 | — | View 990 |
| 2016 | $30K | $68K | $513K | $0 | — | View 990 |
| 2015 | $25K | $26K | $550K | $0 | — | View 990 |
| 2014 | $38K | $38K | $551K | $0 | — | View 990 |
| 2013 | $87K | $40K | $551K | $0 | — | View 990 |
| 2012 | $36K | $32K | $504K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $23K, expenses of $81K, and assets of $417K (revenue +2.9% year-over-year).
- 2018: Revenue of $22K, expenses of $37K, and assets of $475K (revenue +260.6% year-over-year).
- 2017: Revenue of $6K, expenses of $29K, and assets of $490K (revenue -79.1% year-over-year).
- 2016: Revenue of $30K, expenses of $68K, and assets of $513K (revenue +16.9% year-over-year).
- 2015: Revenue of $25K, expenses of $26K, and assets of $550K (revenue -33.0% year-over-year).
- 2014: Revenue of $38K, expenses of $38K, and assets of $551K (revenue -56.3% year-over-year).
- 2013: Revenue of $87K, expenses of $40K, and assets of $551K (revenue +137.4% year-over-year).
- 2012: Revenue of $36K, expenses of $32K, and assets of $504K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cheyhome Inc:
Data Sources and Methodology
This transparency report for Cheyhome 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.