Community Homes Inc
EIN: 237101435 · Fargo, ND
| Metric | Value |
|---|---|
| Total Expenses | $1.8M |
| Net Assets | $-4,623,259 |
Is Community Homes Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Homes Inc
Community Homes Inc (EIN: 237101435) is a nonprofit organization based in Fargo, ND. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Homes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Homes Inc is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-523,672 |
| Total Assets | $4.8M |
| Total Liabilities | $9.4M |
| Net Assets | $-4,623,259 |
| Operating Margin | -40.1% |
| Debt-to-Asset Ratio | 197.2% |
| Months of Reserves | 31.2 months |
Financial Health Grade: C
In 2017, Community Homes Inc reported a deficit of $524K with expenses exceeding revenue, holds 31.2 months of operating reserves (strong position), has a debt-to-asset ratio of 197.2% (high leverage).
Financial Trends
Over 6 years of filings (2012–2017), Community Homes Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -10.1% | +12.1% | -4.5% |
| 2016 | +5.9% | +7.9% | -5.3% |
| 2015 | -4.1% | -7.4% | -2.9% |
| 2014 | -8.4% | +4.1% | -3.5% |
| 2013 | -1.6% | +7.9% | -0.4% |
AI Analysis Pending
AI enrichment for Community Homes Inc 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 Community Homes Inc 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $524K, with expenses exceeding revenue.
- Debt-to-asset ratio: 197.2%.
Frequently Asked Questions about Community Homes Inc
Is Community Homes Inc a legitimate charity?
Community Homes Inc (EIN: 237101435) is a registered tax-exempt nonprofit based in North Dakota. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Community Homes Inc spend its money?
Community Homes Inc reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Community Homes Inc tax-deductible?
Community Homes Inc is registered as a tax-exempt nonprofit (EIN: 237101435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Community Homes Inc located?
Community Homes Inc is headquartered in Fargo, North Dakota and files with the IRS under EIN 237101435.
How many years of IRS 990 filings does Community Homes Inc have?
Community Homes Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Community Homes Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), Community Homes Inc's revenue has declined by 17.7%, moving from $1.6M to $1.3M. Total assets decreased by 15.6% over the same period, from $5.6M to $4.8M. Total functional expenses rose by 26%, from $1.5M to $1.8M. In its most recent filing year (2017), Community Homes Inc reported a deficit of $524K, with expenses exceeding revenue. The organization holds $9.4M in liabilities against $4.8M in assets (debt-to-asset ratio: 197.2%), resulting in net assets of $-4,623,259.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1.3M | $1.8M | $4.8M | $9.4M | — | View 990 |
| 2016 | $1.5M | $1.6M | $5.0M | $9.2M | — | View 990 |
| 2015 | $1.4M | $1.5M | $5.3M | $9.3M | — | View 990 |
| 2014 | $1.4M | $1.6M | $5.4M | $9.3M | — | View 990 |
| 2013 | $1.6M | $1.6M | $5.6M | $9.3M | — | View 990 |
| 2012 | $1.6M | $1.5M | $5.6M | $9.3M | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1.3M, expenses of $1.8M, and assets of $4.8M (revenue -10.1% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $5.0M (revenue +5.9% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.5M, and assets of $5.3M (revenue -4.1% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.6M, and assets of $5.4M (revenue -8.4% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $5.6M (revenue -1.6% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.5M, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Homes Inc:
Data Sources and Methodology
This transparency report for Community 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.