Friends Of The Homeless Of Tuscarawas County Inc
Friends Of The Homeless Of Tuscarawas County Inc shows strong financial growth and zero executive compensation.
EIN: 201125477 · New Phila, OH · NTEE: L41 · Updated: 2026-03-28
Is Friends Of The Homeless Of Tuscarawas County Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Homeless Of Tuscarawas County Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Homeless Of Tuscarawas County Inc
Friends Of The Homeless Of Tuscarawas County Inc (EIN: 201125477) is a nonprofit organization based in New Phila, OH, classified under NTEE code L41. The organization reported total revenue of $2.2M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Homeless Of Tuscarawas County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Homeless Of Tuscarawas County Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $668K |
| Total Expenses | $535K |
| Surplus / Deficit | +$133K |
| Total Assets | $648K |
| Total Liabilities | $2K |
| Net Assets | $647K |
| Operating Margin | 20.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 14.5 months |
Financial Health Grade: A
In 2023, Friends Of The Homeless Of Tuscarawas County Inc reported a surplus of $133K with revenue exceeding expenses, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of The Homeless Of Tuscarawas County Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.5% | -2.9% | +25.9% |
| 2022 | +30.3% | +25.8% | +66.6% |
| 2021 | +23.5% | +14.2% | +85.3% |
| 2020 | +27.1% | +12.3% | +105.6% |
| 2019 | +7.4% | -20.0% | +52.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Friends Of The Homeless Of Tuscarawas County Inc with a Mission Score of 92 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, Friends Of The Homeless Of Tuscarawas County Inc 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 $133K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly commendable for a nonprofit of its size and mission.
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.
Strengths
The following positive indicators were identified for Friends Of The Homeless Of Tuscarawas County Inc:
- Consistent revenue growth over the past five years, from $369,277 in 2019 to $668,347 in 2023.
- Strong financial health with assets ($648,133 in 2023) significantly exceeding liabilities ($1,531 in 2023).
- Zero officer compensation reported across all filings, indicating high efficiency and dedication to mission.
- Positive operating margins in recent years, with revenues exceeding expenses (e.g., $668,347 revenue vs. $534,899 expenses in 2023).
- Significant asset growth, from $81,112 in 2019 to $648,133 in 2023, enhancing long-term capacity.
Frequently Asked Questions about Friends Of The Homeless Of Tuscarawas County Inc
Is Friends Of The Homeless Of Tuscarawas County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Homeless Of Tuscarawas County Inc (EIN: 201125477) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Friends Of The Homeless Of Tuscarawas County Inc spend its money?
Friends Of The Homeless Of Tuscarawas County Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The Homeless Of Tuscarawas County Inc tax-deductible?
Friends Of The Homeless Of Tuscarawas County Inc is registered as a tax-exempt nonprofit (EIN: 201125477). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends Of The Homeless Of Tuscarawas County Inc a good charity?
Based on its financial data, the organization appears to be a good charity. It demonstrates strong financial health, consistent growth, and a clear commitment to its mission with 0% officer compensation.
How has the organization's revenue changed over time?
The organization has shown significant revenue growth, increasing from $369,277 in 2019 to $668,347 in 2023, indicating expanding support and capacity.
What is the organization's financial stability?
Friends Of The Homeless Of Tuscarawas County Inc exhibits strong financial stability, with assets of $648,133 significantly outweighing liabilities of $1,531 in 2023.
Filing History
IRS 990 filing history for Friends Of The Homeless Of Tuscarawas County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of The Homeless Of Tuscarawas County Inc's revenue has grown by 161.8%, moving from $255K to $668K. Total assets increased by 219.8% over the same period, from $203K to $648K. Total functional expenses rose by 123.2%, from $240K to $535K. In its most recent filing year (2023), Friends Of The Homeless Of Tuscarawas County Inc reported a surplus of $133K, with revenue exceeding expenses. The organization holds $2K in liabilities against $648K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $647K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $668K | $535K | $648K | $2K | — | — |
| 2022 | $756K | $551K | $515K | $2K | — | View 990 |
| 2021 | $580K | $438K | $309K | $497 | — | View 990 |
| 2020 | $469K | $383K | $167K | $0 | — | — |
| 2019 | $369K | $341K | $81K | $284 | — | View 990 |
| 2018 | $344K | $426K | $53K | $456 | — | View 990 |
| 2017 | $334K | $418K | $136K | $649 | — | View 990 |
| 2016 | $323K | $366K | $219K | $0 | — | View 990 |
| 2015 | $346K | $300K | $262K | $0 | — | View 990 |
| 2014 | $313K | $325K | $201K | $0 | — | View 990 |
| 2013 | $255K | $371K | $247K | $0 | — | View 990 |
| 2012 | $397K | $274K | $336K | $0 | — | View 990 |
| 2011 | $255K | $240K | $203K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $668K, expenses of $535K, and assets of $648K (revenue -11.5% year-over-year).
- 2022: Revenue of $756K, expenses of $551K, and assets of $515K (revenue +30.3% year-over-year).
- 2021: Revenue of $580K, expenses of $438K, and assets of $309K (revenue +23.5% year-over-year).
- 2020: Revenue of $469K, expenses of $383K, and assets of $167K (revenue +27.1% year-over-year).
- 2019: Revenue of $369K, expenses of $341K, and assets of $81K (revenue +7.4% year-over-year).
- 2018: Revenue of $344K, expenses of $426K, and assets of $53K (revenue +2.9% year-over-year).
- 2017: Revenue of $334K, expenses of $418K, and assets of $136K (revenue +3.5% year-over-year).
- 2016: Revenue of $323K, expenses of $366K, and assets of $219K (revenue -6.6% year-over-year).
- 2015: Revenue of $346K, expenses of $300K, and assets of $262K (revenue +10.3% year-over-year).
- 2014: Revenue of $313K, expenses of $325K, and assets of $201K (revenue +22.8% year-over-year).
- 2013: Revenue of $255K, expenses of $371K, and assets of $247K (revenue -35.7% year-over-year).
- 2012: Revenue of $397K, expenses of $274K, and assets of $336K (revenue +55.5% year-over-year).
- 2011: Revenue of $255K, expenses of $240K, and assets of $203K.
Data Sources and Methodology
This transparency report for Friends Of The Homeless Of Tuscarawas County Inc 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.