Choices And Changes Youth Homes Inc
Choices And Changes Youth Homes Inc dedicates 75% of expenses to programs with no officer compensation.
EIN: 203200429 · Catlettsburg, KY · NTEE: P73 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $54K |
| Total Expenses | $69K |
| Program Spending | 75% |
| Net Assets | $18K |
| Transparency Score | 90/100 |
Is Choices And Changes Youth Homes Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Choices And Changes Youth Homes Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Choices And Changes Youth Homes Inc
Choices And Changes Youth Homes Inc (EIN: 203200429) is a nonprofit organization based in Catlettsburg, KY, classified under NTEE code P73. The organization reported total revenue of $54K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Choices And Changes Youth Homes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Choices And Changes Youth Homes Inc is a micro nonprofit that has been operating for 19 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $69K |
| Surplus / Deficit | +$10K |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | 12.9% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Choices And Changes Youth Homes Inc reported a surplus of $10K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Choices And Changes Youth Homes Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Choices And Changes Youth Homes Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation was reported in the 202312 filing, which is excellent for an organization of this size, indicating all resources are directed towards its mission and operations.
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 Choices And Changes Youth Homes Inc's IRS 990 filings:
- Limited financial history (only one filing available)
Strengths
The following positive indicators were identified for Choices And Changes Youth Homes Inc:
- High program spending ratio (75%)
- No reported officer compensation
- Positive net income in the latest period ($10,224)
- No reported liabilities
- Efficient spending with low administrative and fundraising costs
Frequently Asked Questions about Choices And Changes Youth Homes Inc
Is Choices And Changes Youth Homes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Choices And Changes Youth Homes Inc (EIN: 203200429) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Choices And Changes Youth Homes Inc spend its money?
Choices And Changes Youth Homes Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Choices And Changes Youth Homes Inc tax-deductible?
Choices And Changes Youth Homes Inc is registered as a tax-exempt nonprofit (EIN: 203200429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Choices And Changes Youth Homes Inc's spending goes to programs?
Choices And Changes Youth Homes Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Choices And Changes Youth Homes Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Choices And Changes Youth Homes Inc is above average for NTEE category P73 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Choices And Changes Youth Homes Inc located?
Choices And Changes Youth Homes Inc is headquartered in Catlettsburg, Kentucky and files with the IRS under EIN 203200429. It is classified under NTEE code P73.
Is Choices And Changes Youth Homes Inc a good charity?
Based on its 202312 IRS 990 filing, Choices And Changes Youth Homes Inc appears to be a good charity. It allocates 75% of its expenses to program services, has no reported officer compensation, and maintains a positive financial position with no liabilities.
How does Choices And Changes Youth Homes Inc manage its finances?
The organization manages its finances responsibly, with revenue ($79,000) exceeding expenses ($68,776) in the 202312 period. It maintains a healthy asset base ($17,688) with no liabilities, indicating sound financial stewardship.
What is the primary focus of Choices And Changes Youth Homes Inc's spending?
The primary focus of Choices And Changes Youth Homes Inc's spending is its program services, which account for 75% of its total expenses ($68,776 in 202312).
Filing History
IRS 990 filing history for Choices And Changes Youth Homes Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Choices And Changes Youth Homes Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $69K | $18K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Choices And Changes Youth Homes Inc:
Data Sources and Methodology
This transparency report for Choices And Changes Youth Homes 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.