Community Home Solutions Inc
Community Home Solutions Inc. consistently operates at a deficit with declining assets.
EIN: 205939775 · Seabrook, NH · NTEE: L80 · Updated: 2026-03-28
About Community Home Solutions Inc
Community Home Solutions Inc (EIN: 205939775) is a nonprofit organization based in Seabrook, NH, classified under NTEE code L80. The organization reported total revenue of $31K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Home Solutions 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 Community Home Solutions Inc with a Mission Score of 65 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Community Home Solutions Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that officers are not compensated, which is highly favorable for a small organization of this size.
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 Community Home Solutions Inc's IRS 990 filings:
- Significant and consistent decline in assets from $267,214 in 2018 to $1,821 in 2023.
- Recurring operational deficits in recent years (e.g., 2023, 2022, 2021, 2020, 2019, 2017, 2015).
- Very low current asset base ($1,821 in 2023) relative to historical levels and operational expenses.
Strengths
The following positive indicators were identified for Community Home Solutions Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Long filing history (13 filings) suggests sustained operation over time.
Frequently Asked Questions about Community Home Solutions Inc
Why have Community Home Solutions Inc.'s assets decreased so dramatically from $267,214 in 2018 to $1,821 in 2023?
The significant decline in assets over this period is a critical concern for the organization's long-term stability and ability to deliver on its mission. Further inquiry into the specific financial activities during these years is needed.
How does Community Home Solutions Inc. sustain operations with recurring deficits, such as $43,104 in expenses against $42,950 in revenue in 2023?
Operating with consistent deficits, even small ones, can erode reserves over time. Understanding the funding sources that cover these shortfalls is important for assessing financial sustainability.
Given the small asset base ($1,821 in 2023), what is the organization's capacity to respond to unexpected financial challenges or expand its programs?
A minimal asset base suggests limited financial resilience, which could hinder the organization's ability to absorb shocks or invest in growth opportunities.
Filing History
IRS 990 filing history for Community Home Solutions Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Home Solutions Inc's revenue has grown by 16.5%, moving from $37K to $43K. Total assets increased by 65.8% over the same period, from $1K to $2K. Total functional expenses rose by 23.3%, from $35K to $43K. In its most recent filing year (2023), Community Home Solutions Inc reported a deficit of $154, with expenses exceeding revenue. The organization holds $716 in liabilities against $2K in assets (debt-to-asset ratio: 39.3%), resulting in net assets of $1K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $43K | $43K | $2K | $716 | — | View 990 |
| 2022 | $62K | $62K | $2K | $434 | — | View 990 |
| 2021 | $30K | $37K | $3K | $755 | — | — |
| 2020 | $95K | $96K | $13K | $4K | — | — |
| 2019 | $293K | $320K | $12K | $2K | — | View 990 |
| 2018 | $338K | $330K | $267K | $228K | — | View 990 |
| 2017 | $100K | $148K | $264K | $233K | — | View 990 |
| 2016 | $162K | $132K | $81K | $2K | — | View 990 |
| 2015 | $133K | $147K | $52K | $3K | — | View 990 |
| 2014 | $167K | $128K | $66K | $2K | — | View 990 |
| 2013 | $142K | $118K | $26K | $2K | — | View 990 |
| 2012 | $63K | $63K | $3K | $3K | — | View 990 |
| 2011 | $37K | $35K | $1K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $43K, expenses of $43K, and assets of $2K (revenue -30.2% year-over-year).
- 2022: Revenue of $62K, expenses of $62K, and assets of $2K (revenue +102.6% year-over-year).
- 2021: Revenue of $30K, expenses of $37K, and assets of $3K (revenue -67.9% year-over-year).
- 2020: Revenue of $95K, expenses of $96K, and assets of $13K (revenue -67.7% year-over-year).
- 2019: Revenue of $293K, expenses of $320K, and assets of $12K (revenue -13.3% year-over-year).
- 2018: Revenue of $338K, expenses of $330K, and assets of $267K (revenue +239.1% year-over-year).
- 2017: Revenue of $100K, expenses of $148K, and assets of $264K (revenue -38.4% year-over-year).
- 2016: Revenue of $162K, expenses of $132K, and assets of $81K (revenue +21.1% year-over-year).
- 2015: Revenue of $133K, expenses of $147K, and assets of $52K (revenue -20.3% year-over-year).
- 2014: Revenue of $167K, expenses of $128K, and assets of $66K (revenue +18.0% year-over-year).
- 2013: Revenue of $142K, expenses of $118K, and assets of $26K (revenue +125.1% year-over-year).
- 2012: Revenue of $63K, expenses of $63K, and assets of $3K (revenue +70.8% year-over-year).
- 2011: Revenue of $37K, expenses of $35K, and assets of $1K.
Data Sources and Methodology
This transparency report for Community Home Solutions 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.