Foundation For Homeward Bound Parents
EIN: 465118380 · Provo, UT · NTEE: B60
| Metric | Value |
|---|---|
| Total Expenses | $21K |
| Net Assets | $24K |
Is Foundation For Homeward Bound Parents Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foundation For Homeward Bound Parents
Foundation For Homeward Bound Parents (EIN: 465118380) is a nonprofit organization based in Provo, UT, classified under NTEE code B60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Homeward Bound Parents's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Homeward Bound Parents is a micro nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2014–2016).
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $21K |
| Surplus / Deficit | +$14K |
| Total Assets | $24K |
| Net Assets | $24K |
| Operating Margin | 39.8% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2016, Foundation For Homeward Bound Parents reported a surplus of $14K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -30.0% | -47.1% | +137.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Homeward Bound Parents 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 Foundation For Homeward Bound Parents 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Frequently Asked Questions about Foundation For Homeward Bound Parents
Is Foundation For Homeward Bound Parents a legitimate charity?
Foundation For Homeward Bound Parents (EIN: 465118380) is a registered tax-exempt nonprofit based in Utah. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Foundation For Homeward Bound Parents spend its money?
Foundation For Homeward Bound Parents reported its financials in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Foundation For Homeward Bound Parents tax-deductible?
Foundation For Homeward Bound Parents is registered as a tax-exempt nonprofit (EIN: 465118380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Homeward Bound Parents located?
Foundation For Homeward Bound Parents is headquartered in Provo, Utah and files with the IRS under EIN 465118380. It is classified under NTEE code B60.
How many years of IRS 990 filings does Foundation For Homeward Bound Parents have?
Foundation For Homeward Bound Parents has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Foundation For Homeward Bound Parents showing financial trends over 3 years of public records:
Total assets increased by 2411200% over the same period, from $1 to $24K. In its most recent filing year (2016), Foundation For Homeward Bound Parents reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $35K | $21K | $24K | $0 | — | View 990 |
| 2015 | $50K | $40K | $10K | $0 | — | View 990 |
| 2014 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $35K, expenses of $21K, and assets of $24K (revenue -30.0% year-over-year).
- 2015: Revenue of $50K, expenses of $40K, and assets of $10K.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Homeward Bound Parents:
Data Sources and Methodology
This transparency report for Foundation For Homeward Bound Parents 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.