Haven Of Rest Care Home
EIN: 301243460 · Fort Worth, TX · NTEE: F33
| Metric | Value |
|---|---|
| Total Revenue | $759K |
| Total Expenses | $701K |
| Net Assets | $-8,681 |
Is Haven Of Rest Care Home Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Haven Of Rest Care Home
Haven Of Rest Care Home (EIN: 301243460) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code F33. The organization reported total revenue of $759K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Haven Of Rest Care Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Haven Of Rest Care Home is a small nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 70.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $688K |
| Total Expenses | $701K |
| Surplus / Deficit | $-12,638 |
| Total Assets | $127K |
| Total Liabilities | $135K |
| Net Assets | $-8,681 |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 106.9% |
| Months of Reserves | 2.2 months |
Financial Health Grade: D
In 2023, Haven Of Rest Care Home reported a deficit of $13K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 106.9% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Haven Of Rest Care Home's revenue has grown at a compound annual growth rate (CAGR) of 70.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +70.5% | +93.8% | +73.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1570 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Haven Of Rest Care Home 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 Haven Of Rest Care Home 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 106.9%.
Frequently Asked Questions about Haven Of Rest Care Home
Is Haven Of Rest Care Home a legitimate charity?
Haven Of Rest Care Home (EIN: 301243460) is a registered tax-exempt nonprofit based in Texas. It has 2 years of IRS 990 filings on record. Total revenue: $759K. No red flags identified. Financial health grade: D.
How does Haven Of Rest Care Home spend its money?
Haven Of Rest Care Home reported $759K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Haven Of Rest Care Home tax-deductible?
Haven Of Rest Care Home is registered as a tax-exempt nonprofit (EIN: 301243460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Haven Of Rest Care Home located?
Haven Of Rest Care Home is headquartered in Fort Worth, Texas and files with the IRS under EIN 301243460. It is classified under NTEE code F33.
How many years of IRS 990 filings does Haven Of Rest Care Home have?
Haven Of Rest Care Home has 2 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 $759K in total revenue.
Filing History
IRS 990 filing history for Haven Of Rest Care Home showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Haven Of Rest Care Home's revenue has grown by 70.5%, moving from $404K to $688K. Total assets increased by 73.8% over the same period, from $73K to $127K. Total functional expenses rose by 93.8%, from $362K to $701K. In its most recent filing year (2023), Haven Of Rest Care Home reported a deficit of $13K, with expenses exceeding revenue. The organization holds $135K in liabilities against $127K in assets (debt-to-asset ratio: 106.9%), resulting in net assets of $-8,681.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $688K | $701K | $127K | $135K | — | View 990 |
| 2022 | $404K | $362K | $73K | $70K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Haven Of Rest Care Home:
Data Sources and Methodology
This transparency report for Haven Of Rest Care 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.