First Zion Homes
EIN: 815217032 · Lynwood, IL · NTEE: E91
| Metric | Value |
|---|---|
| Total Revenue | $964K |
| Total Expenses | $618K |
| Net Assets | $-10,114 |
Is First Zion Homes Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Zion Homes
First Zion Homes (EIN: 815217032) is a nonprofit organization based in Lynwood, IL, classified under NTEE code E91. The organization reported total revenue of $964K and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Zion Homes's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Zion Homes is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of 92.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $666K |
| Total Expenses | $618K |
| Surplus / Deficit | +$47K |
| Total Assets | $155K |
| Total Liabilities | $165K |
| Net Assets | $-10,114 |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 106.5% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2022, First Zion Homes reported a surplus of $47K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 106.5% (high leverage).
Financial Trends
Over 4 years of filings (2019–2022), First Zion Homes's revenue has grown at a compound annual growth rate (CAGR) of 92.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +130.6% | +141.1% | -2.2% |
| 2021 | +9.1% | +1.7% | +50.0% |
| 2020 | +181.7% | +247.4% | +115.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Zion Homes 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 First Zion Homes 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 106.5%.
Frequently Asked Questions about First Zion Homes
Is First Zion Homes a legitimate charity?
First Zion Homes (EIN: 815217032) is a registered tax-exempt nonprofit based in Illinois. It has 4 years of IRS 990 filings on record. Total revenue: $964K. No red flags identified. Financial health grade: A.
How does First Zion Homes spend its money?
First Zion Homes reported $964K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to First Zion Homes tax-deductible?
First Zion Homes is registered as a tax-exempt nonprofit (EIN: 815217032). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Zion Homes located?
First Zion Homes is headquartered in Lynwood, Illinois and files with the IRS under EIN 815217032. It is classified under NTEE code E91.
How many years of IRS 990 filings does First Zion Homes have?
First Zion Homes has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $964K in total revenue.
Filing History
IRS 990 filing history for First Zion Homes showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), First Zion Homes's revenue has grown by 608.5%, moving from $94K to $666K. Total assets increased by 215.7% over the same period, from $49K to $155K. Total functional expenses rose by 751.8%, from $73K to $618K. In its most recent filing year (2022), First Zion Homes reported a surplus of $47K, with revenue exceeding expenses. The organization holds $165K in liabilities against $155K in assets (debt-to-asset ratio: 106.5%), resulting in net assets of $-10,114.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $666K | $618K | $155K | $165K | — | View 990 |
| 2021 | $289K | $256K | $159K | $135K | — | View 990 |
| 2020 | $265K | $252K | $106K | $196K | — | View 990 |
| 2019 | $94K | $73K | $49K | $161K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $666K, expenses of $618K, and assets of $155K (revenue +130.6% year-over-year).
- 2021: Revenue of $289K, expenses of $256K, and assets of $159K (revenue +9.1% year-over-year).
- 2020: Revenue of $265K, expenses of $252K, and assets of $106K (revenue +181.7% year-over-year).
- 2019: Revenue of $94K, expenses of $73K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Zion Homes:
Data Sources and Methodology
This transparency report for First Zion Homes 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.