Father Flanagans Boys Home
Father Flanagans Boys Home experiences sharp revenue decline and reports zero assets in recent years.
EIN: 205960877 · Boys Town, NE · NTEE: P70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $147K |
| Total Expenses | $147K |
| Program Spending | 90% |
| Transparency Score | 40/100 |
Is Father Flanagans Boys Home Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Father Flanagans Boys Home directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Father Flanagans Boys Home
Father Flanagans Boys Home (EIN: 205960877) is a nonprofit organization based in Boys Town, NE, classified under NTEE code P70. The organization reported total revenue of $147K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Father Flanagans Boys Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Father Flanagans Boys Home is a small nonprofit that has been operating for 106 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -30.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $147K |
| Surplus / Deficit | $-264 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -0.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2022, Father Flanagans Boys Home reported a deficit of $264 with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2022), Father Flanagans Boys Home's revenue has declined at a compound annual growth rate (CAGR) of -30.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -83.8% | -83.7% | -100.0% |
| 2021 | +108.4% | +94.0% | -62.9% |
| 2020 | -52.7% | +8.9% | -99.0% |
| 2019 | -86.3% | -58.0% | +21.9% |
| 2018 | -26.1% | -87.6% | -94.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1920 |
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 Father Flanagans Boys Home with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Father Flanagans Boys Home allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $264, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of its historical size and suggests either a volunteer-led executive team or compensation being reported under different categories.
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 Father Flanagans Boys Home's IRS 990 filings:
- Drastic and unexplained revenue decline from $16.3M (2015) to $146K (2022).
- Consistent reporting of $0 assets and liabilities in recent years (2020-2022) after previously holding millions.
- Expenses frequently exceeding revenue in recent years (e.g., 2022: $147,034 expenses vs. $146,770 revenue; 2021: $904,773 expenses vs. $904,326 revenue).
- Unusually low revenue and assets for an organization with a NTEE code P70 (Youth Development, Shelter, and Crisis Services).
Strengths
The following positive indicators were identified for Father Flanagans Boys Home:
- Zero officer compensation reported across all available filings, indicating no direct executive salary burden.
- Historically, the organization managed significant revenue and expenses, suggesting past operational capacity.
Frequently Asked Questions about Father Flanagans Boys Home
Is Father Flanagans Boys Home a legitimate charity?
Based on AI analysis of IRS 990 filings, Father Flanagans Boys Home (EIN: 205960877) significant concerns. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
How does Father Flanagans Boys Home spend its money?
Father Flanagans Boys Home directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Father Flanagans Boys Home tax-deductible?
Father Flanagans Boys Home is registered as a tax-exempt nonprofit (EIN: 205960877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Father Flanagans Boys Home's spending goes to programs?
Father Flanagans Boys Home directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Father Flanagans Boys Home compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Father Flanagans Boys Home is near average for NTEE category P70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Father Flanagans Boys Home located?
Father Flanagans Boys Home is headquartered in Boys Town, Nebraska and files with the IRS under EIN 205960877. It is classified under NTEE code P70.
How many years of IRS 990 filings does Father Flanagans Boys Home have?
Father Flanagans Boys Home has 12 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 $147K in total revenue.
What caused the drastic decline in revenue from $16.3 million in 2015 to $146,770 in 2022?
The provided data does not offer an explanation for this significant drop, which is a critical area for further inquiry.
Why are assets and liabilities consistently reported as $0 in recent years (2020-2022) after previously holding millions in assets?
This could indicate a significant organizational change, such as a merger, asset transfer, or a change in reporting structure, which is not clarified by the available filings.
How does the organization sustain its operations with such low reported revenue and zero assets in recent years?
The current financial data suggests an extremely limited operational capacity, which is inconsistent with the typical needs of a youth development and shelter organization.
Is Father Flanagans Boys Home still actively operating under its original mission given the financial changes?
The dramatic financial shifts raise questions about the scope and scale of its current programmatic activities.
Filing History
IRS 990 filing history for Father Flanagans Boys Home showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Father Flanagans Boys Home's revenue has declined by 98.1%, moving from $7.7M to $147K. Total assets decreased by 100% over the same period, from $3.3M to $0. Total functional expenses fell by 98.3%, from $8.5M to $147K. In its most recent filing year (2022), Father Flanagans Boys Home reported a deficit of $264, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $147K | $147K | $0 | $0 | — | View 990 |
| 2021 | $904K | $905K | $264 | $0 | — | View 990 |
| 2020 | $434K | $466K | $711 | $0 | — | — |
| 2019 | $918K | $428K | $73K | $40K | — | View 990 |
| 2018 | $6.7M | $1.0M | $60K | $516K | — | View 990 |
| 2017 | $9.0M | $8.2M | $1.0M | $590K | — | View 990 |
| 2016 | $13.2M | $10.0M | $4.0M | $613K | — | View 990 |
| 2015 | $16.3M | $14.6M | $5.0M | $248K | — | View 990 |
| 2014 | $15.1M | $16.4M | $3.5M | $526K | — | View 990 |
| 2013 | $10.9M | $13.7M | $5.7M | $1.4M | — | View 990 |
| 2012 | $14.9M | $10.8M | $7.6M | $415K | — | View 990 |
| 2011 | $7.7M | $8.5M | $3.3M | $208K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $147K, expenses of $147K, and assets of $0 (revenue -83.8% year-over-year).
- 2021: Revenue of $904K, expenses of $905K, and assets of $264 (revenue +108.4% year-over-year).
- 2020: Revenue of $434K, expenses of $466K, and assets of $711 (revenue -52.7% year-over-year).
- 2019: Revenue of $918K, expenses of $428K, and assets of $73K (revenue -86.3% year-over-year).
- 2018: Revenue of $6.7M, expenses of $1.0M, and assets of $60K (revenue -26.1% year-over-year).
- 2017: Revenue of $9.0M, expenses of $8.2M, and assets of $1.0M (revenue -31.6% year-over-year).
- 2016: Revenue of $13.2M, expenses of $10.0M, and assets of $4.0M (revenue -19.0% year-over-year).
- 2015: Revenue of $16.3M, expenses of $14.6M, and assets of $5.0M (revenue +8.1% year-over-year).
- 2014: Revenue of $15.1M, expenses of $16.4M, and assets of $3.5M (revenue +38.9% year-over-year).
- 2013: Revenue of $10.9M, expenses of $13.7M, and assets of $5.7M (revenue -27.0% year-over-year).
- 2012: Revenue of $14.9M, expenses of $10.8M, and assets of $7.6M (revenue +93.9% year-over-year).
- 2011: Revenue of $7.7M, expenses of $8.5M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Father Flanagans Boys Home:
Data Sources and Methodology
This transparency report for Father Flanagans Boys Home 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.