Family Home Foundation
Family Home Foundation shows strong asset growth and zero officer compensation, despite fluctuating annual revenues.
EIN: 208077990 · Seattle, WA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $782K |
| Total Expenses | $233K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2.8 |
| Net Assets | $2.8M |
| Transparency Score | 90/100 |
Is Family Home Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Home Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Home Foundation
Family Home Foundation (EIN: 208077990) is a nonprofit organization based in Seattle, WA, classified under NTEE code T22. The organization reported total revenue of $782K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Home Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Home Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $678K |
| Total Expenses | $233K |
| Surplus / Deficit | +$445K |
| Total Assets | $2.8M |
| Total Liabilities | $3K |
| Net Assets | $2.8M |
| Operating Margin | 65.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 145.8 months |
Financial Health Grade: A
In 2023, Family Home Foundation reported a surplus of $445K with revenue exceeding expenses, holds 145.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Family Home Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +500.7% | -10.1% | +9.9% |
| 2022 | -41.5% | +16.5% | -5.4% |
| 2021 | +39.8% | +16.0% | -1.0% |
| 2020 | +76.5% | -0.4% | -1.9% |
| 2019 | -79.9% | +42.7% | +41.6% |
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 Family Home Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Family Home Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $445K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with assets exceeding $2.8 million.
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 Family Home Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility, making long-term financial planning potentially challenging.
Strengths
The following positive indicators were identified for Family Home Foundation:
- Consistent 0% officer compensation, demonstrating strong commitment to mission-focused spending.
- Healthy asset growth over the past decade, from $1.48M in 2011 to $2.83M in 2023.
- Low liabilities reported in most years, indicating sound debt management.
- In 2023, revenue ($678,413) significantly exceeded expenses ($232,927), showing strong financial performance for that period.
Frequently Asked Questions about Family Home Foundation
Is Family Home Foundation a legitimate charity?
Family Home Foundation (EIN: 208077990) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $782K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Family Home Foundation spend its money?
Family Home Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Family Home Foundation tax-deductible?
Family Home Foundation is registered as a tax-exempt nonprofit (EIN: 208077990). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Family Home Foundation CEO make?
Family Home Foundation's highest-compensated officer earns $2.8 annually. The organization reported $782K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Family Home Foundation's spending goes to programs?
Family Home Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Home Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Family Home Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Home Foundation located?
Family Home Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 208077990. It is classified under NTEE code T22.
How many years of IRS 990 filings does Family Home Foundation have?
Family Home Foundation has 10 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 $782K in total revenue.
What caused the significant revenue fluctuations year-over-year?
The revenue has varied significantly, from $112,929 in 2022 to $678,413 in 2023. Understanding the sources of these fluctuations (e.g., large grants, specific campaigns) would provide more insight into funding stability.
How does Family Home Foundation manage its program expenses given the revenue variability?
Despite revenue swings, expenses have remained relatively stable, ranging from $191,804 to $259,222 in recent years. This suggests a consistent operational base, but further detail on program spending efficiency would be beneficial.
What is the nature of the liabilities reported in 2023 ($2,688) and 2022 ($112)?
While generally very low, understanding the specific nature of these liabilities would provide a complete financial picture, though they are minor compared to assets and revenue.
Filing History
IRS 990 filing history for Family Home Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Family Home Foundation's revenue has grown by 60.3%, moving from $423K to $678K. Total assets increased by 90.6% over the same period, from $1.5M to $2.8M. Total functional expenses rose by 311.1%, from $57K to $233K. In its most recent filing year (2023), Family Home Foundation reported a surplus of $445K, with revenue exceeding expenses. The organization holds $3K in liabilities against $2.8M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $678K | $233K | $2.8M | $3K | — | — |
| 2022 | $113K | $259K | $2.6M | $112 | — | View 990 |
| 2021 | $193K | $223K | $2.7M | $846 | — | — |
| 2020 | $138K | $192K | $2.7M | $1 | — | — |
| 2019 | $78K | $193K | $2.8M | $1 | — | View 990 |
| 2015 | $389K | $135K | $2.0M | $1 | — | View 990 |
| 2014 | $77K | $118K | $1.7M | $1 | — | View 990 |
| 2013 | $41K | $112K | $1.8M | $1 | — | View 990 |
| 2012 | $437K | $84K | $1.8M | $1 | — | View 990 |
| 2011 | $423K | $57K | $1.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $678K, expenses of $233K, and assets of $2.8M (revenue +500.7% year-over-year).
- 2022: Revenue of $113K, expenses of $259K, and assets of $2.6M (revenue -41.5% year-over-year).
- 2021: Revenue of $193K, expenses of $223K, and assets of $2.7M (revenue +39.8% year-over-year).
- 2020: Revenue of $138K, expenses of $192K, and assets of $2.7M (revenue +76.5% year-over-year).
- 2019: Revenue of $78K, expenses of $193K, and assets of $2.8M (revenue -79.9% year-over-year).
- 2015: Revenue of $389K, expenses of $135K, and assets of $2.0M (revenue +406.8% year-over-year).
- 2014: Revenue of $77K, expenses of $118K, and assets of $1.7M (revenue +86.8% year-over-year).
- 2013: Revenue of $41K, expenses of $112K, and assets of $1.8M (revenue -90.6% year-over-year).
- 2012: Revenue of $437K, expenses of $84K, and assets of $1.8M (revenue +3.3% year-over-year).
- 2011: Revenue of $423K, expenses of $57K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Home Foundation:
Data Sources and Methodology
This transparency report for Family Home Foundation 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.