Fall River Group Homes Inc
EIN: 43480851 · Kingston, MA · NTEE: F33
| Metric | Value |
|---|---|
| Total Revenue | $328K |
| Total Expenses | $135K |
| Net Assets | $-79,705 |
Is Fall River Group 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 Fall River Group Homes Inc
Fall River Group Homes Inc (EIN: 43480851) is a nonprofit organization based in Kingston, MA, classified under NTEE code F33. The organization reported total revenue of $328K and total assets of $334K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fall River Group Homes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fall River Group Homes Inc is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $121K |
| Total Expenses | $135K |
| Surplus / Deficit | $-14,181 |
| Total Assets | $403K |
| Total Liabilities | $483K |
| Net Assets | $-79,705 |
| Operating Margin | -11.8% |
| Debt-to-Asset Ratio | 119.8% |
| Months of Reserves | 35.9 months |
Financial Health Grade: C
In 2023, Fall River Group Homes Inc reported a deficit of $14K with expenses exceeding revenue, holds 35.9 months of operating reserves (strong position), has a debt-to-asset ratio of 119.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fall River Group Homes Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | -6.1% | -2.4% |
| 2022 | +2.3% | +23.8% | -1.1% |
| 2021 | -0.1% | +9.2% | -2.4% |
| 2020 | +0.1% | -9.5% | -2.0% |
| 2019 | +0.0% | -5.1% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fall River Group 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 Fall River Group 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 119.8%.
Frequently Asked Questions about Fall River Group Homes Inc
Is Fall River Group Homes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fall River Group Homes Inc (EIN: 43480851) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fall River Group Homes Inc spend its money?
Detailed spending breakdown data is not yet available for Fall River Group Homes Inc. Check back for updated IRS 990 analysis.
Are donations to Fall River Group Homes Inc tax-deductible?
Fall River Group Homes Inc is registered as a tax-exempt nonprofit (EIN: 43480851). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fall River Group Homes Inc located?
Fall River Group Homes Inc is headquartered in Kingston, Massachusetts and files with the IRS under EIN 43480851. It is classified under NTEE code F33.
How many years of IRS 990 filings does Fall River Group Homes Inc have?
Fall River Group Homes Inc has 13 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 $328K in total revenue.
Filing History
IRS 990 filing history for Fall River Group Homes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fall River Group Homes Inc's revenue has grown by 24.9%, moving from $97K to $121K. Total assets decreased by 41.4% over the same period, from $688K to $403K. Total functional expenses rose by 18.2%, from $114K to $135K. In its most recent filing year (2023), Fall River Group Homes Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $483K in liabilities against $403K in assets (debt-to-asset ratio: 119.8%), resulting in net assets of $-79,705.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $121K | $135K | $403K | $483K | — | View 990 |
| 2022 | $113K | $144K | $413K | $478K | — | — |
| 2021 | $110K | $116K | $417K | $452K | — | — |
| 2020 | $111K | $106K | $428K | $457K | — | View 990 |
| 2019 | $110K | $117K | $436K | $470K | — | View 990 |
| 2018 | $110K | $124K | $448K | $475K | — | View 990 |
| 2017 | $110K | $122K | $464K | $477K | — | View 990 |
| 2016 | $109K | $110K | $477K | $478K | — | View 990 |
| 2015 | $106K | $113K | $486K | $487K | — | View 990 |
| 2014 | $103K | $121K | $573K | $567K | — | View 990 |
| 2013 | $99K | $122K | $611K | $587K | — | View 990 |
| 2012 | $97K | $117K | $651K | $604K | — | View 990 |
| 2011 | $97K | $114K | $688K | $620K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $121K, expenses of $135K, and assets of $403K (revenue +6.8% year-over-year).
- 2022: Revenue of $113K, expenses of $144K, and assets of $413K (revenue +2.3% year-over-year).
- 2021: Revenue of $110K, expenses of $116K, and assets of $417K (revenue -0.1% year-over-year).
- 2020: Revenue of $111K, expenses of $106K, and assets of $428K (revenue +0.1% year-over-year).
- 2019: Revenue of $110K, expenses of $117K, and assets of $436K (revenue +0.0% year-over-year).
- 2018: Revenue of $110K, expenses of $124K, and assets of $448K (revenue +0.0% year-over-year).
- 2017: Revenue of $110K, expenses of $122K, and assets of $464K (revenue +1.5% year-over-year).
- 2016: Revenue of $109K, expenses of $110K, and assets of $477K (revenue +2.8% year-over-year).
- 2015: Revenue of $106K, expenses of $113K, and assets of $486K (revenue +2.9% year-over-year).
- 2014: Revenue of $103K, expenses of $121K, and assets of $573K (revenue +3.8% year-over-year).
- 2013: Revenue of $99K, expenses of $122K, and assets of $611K (revenue +2.6% year-over-year).
- 2012: Revenue of $97K, expenses of $117K, and assets of $651K (revenue +-0.0% year-over-year).
- 2011: Revenue of $97K, expenses of $114K, and assets of $688K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fall River Group Homes Inc:
Data Sources and Methodology
This transparency report for Fall River Group 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.