Forever Home Foundation
Forever Home Foundation experiences declining revenue and assets, operating with no reported officer compensation.
EIN: 208277523 · Madison, NH · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $40K |
| Total Expenses | $38K |
| Program Spending | 95% |
| Net Assets | $3K |
| Transparency Score | 85/100 |
Is Forever Home Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Forever Home Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Forever Home Foundation
Forever Home Foundation (EIN: 208277523) is a nonprofit organization based in Madison, NH, classified under NTEE code D20. The organization reported total revenue of $40K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forever Home Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forever Home Foundation is a micro nonprofit that has been operating for 17 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $38K |
| Surplus / Deficit | +$2K |
| Total Assets | $3K |
| Total Liabilities | $1 |
| Net Assets | $3K |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2019, Forever Home Foundation reported a surplus of $2K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2019), Forever Home Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -18.3% | -21.1% | +17.5% |
| 2015 | -13.4% | -14.9% | +32.2% |
| 2014 | -19.8% | -20.8% | -10.5% |
| 2013 | +1.4% | -5.1% | -34.9% |
| 2012 | -31.1% | -21.5% | -64.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Forever Home Foundation with a Mission Score of 85 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Forever Home Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Forever Home Foundation reports 0% officer compensation across all available filings, indicating a volunteer-led organization or one with extremely low administrative overhead for its leadership, which is highly favorable for donor impact.
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 Forever Home Foundation's IRS 990 filings:
- Significant decline in revenue over time (from $101,035 in 2011 to $40,054 in 2019)
- Decreasing asset base (from $9,498 in 2011 to $3,093 in 2019)
- Limited financial reserves given the low asset base relative to expenses
Strengths
The following positive indicators were identified for Forever Home Foundation:
- Consistent 0% officer compensation, indicating high efficiency and volunteer leadership
- Expenses closely align with revenue, suggesting responsible spending
- Regular IRS 990 filings demonstrate transparency
Frequently Asked Questions about Forever Home Foundation
Is Forever Home Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Forever Home Foundation (EIN: 208277523) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Forever Home Foundation spend its money?
Forever Home Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Forever Home Foundation tax-deductible?
Forever Home Foundation is registered as a tax-exempt nonprofit (EIN: 208277523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Forever Home Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Forever Home Foundation is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Forever Home Foundation located?
Forever Home Foundation is headquartered in Madison, New Hampshire and files with the IRS under EIN 208277523. It is classified under NTEE code D20.
How many years of IRS 990 filings does Forever Home Foundation have?
Forever Home Foundation 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. The most recent filing shows $40K in total revenue.
Is Forever Home Foundation a good charity?
Forever Home Foundation appears to be a good charity in terms of its operational efficiency and dedication to its mission, as evidenced by 0% officer compensation and expenses closely matching revenue. However, its declining financial resources (revenue from $101,035 in 2011 to $40,054 in 2019) raise questions about its long-term sustainability and capacity to expand its impact.
What is the trend in Forever Home Foundation's financial health?
The organization's financial health shows a concerning downward trend. Revenue has decreased significantly from $101,035 in 2011 to $40,054 in 2019, and assets have similarly declined from $9,498 to $3,093 over the same period. This indicates a shrinking financial base.
How does Forever Home Foundation manage its administrative costs?
Forever Home Foundation appears to manage its administrative costs exceptionally well, with 0% officer compensation reported across all filings. This suggests a very lean operation, likely relying heavily on volunteers, which maximizes the proportion of funds available for programs.
Filing History
IRS 990 filing history for Forever Home Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Forever Home Foundation's revenue has declined by 60.4%, moving from $101K to $40K. Total assets decreased by 67.4% over the same period, from $9K to $3K. Total functional expenses fell by 60.4%, from $96K to $38K. In its most recent filing year (2019), Forever Home Foundation reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $40K | $38K | $3K | $1 | — | View 990 |
| 2015 | $49K | $48K | $3K | $1 | — | View 990 |
| 2014 | $57K | $57K | $2K | $1 | — | View 990 |
| 2013 | $71K | $72K | $2K | $1 | — | View 990 |
| 2012 | $70K | $76K | $3K | $1 | — | View 990 |
| 2011 | $101K | $96K | $9K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $40K, expenses of $38K, and assets of $3K (revenue -18.3% year-over-year).
- 2015: Revenue of $49K, expenses of $48K, and assets of $3K (revenue -13.4% year-over-year).
- 2014: Revenue of $57K, expenses of $57K, and assets of $2K (revenue -19.8% year-over-year).
- 2013: Revenue of $71K, expenses of $72K, and assets of $2K (revenue +1.4% year-over-year).
- 2012: Revenue of $70K, expenses of $76K, and assets of $3K (revenue -31.1% year-over-year).
- 2011: Revenue of $101K, expenses of $96K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forever Home Foundation:
Data Sources and Methodology
This transparency report for Forever 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.