Hofmann Mraz Care Home
EIN: 752412272 · Bonham, TX · NTEE: P70Z
| Metric | Value |
|---|---|
| Total Revenue | $869K |
| Total Expenses | $454K |
| Net Assets | $91K |
Is Hofmann Mraz 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 Hofmann Mraz Care Home
Hofmann Mraz Care Home (EIN: 752412272) is a nonprofit organization based in Bonham, TX, classified under NTEE code P70Z. The organization reported total revenue of $869K and total assets of $493K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hofmann Mraz Care Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hofmann Mraz Care Home is a small nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $427K |
| Total Expenses | $454K |
| Surplus / Deficit | $-26,753 |
| Total Assets | $104K |
| Total Liabilities | $13K |
| Net Assets | $91K |
| Operating Margin | -6.3% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2023, Hofmann Mraz Care Home reported a deficit of $27K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Hofmann Mraz Care Home's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.8% | +1.1% | -19.4% |
| 2022 | -0.6% | -1.2% | -21.2% |
| 2021 | -7.6% | -2.2% | -18.0% |
| 2020 | +9.5% | +10.4% | -5.2% |
| 2019 | +1.3% | +14.6% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hofmann Mraz 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 Hofmann Mraz 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 $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.8%.
Frequently Asked Questions about Hofmann Mraz Care Home
Is Hofmann Mraz Care Home a legitimate charity?
Hofmann Mraz Care Home (EIN: 752412272) is a registered tax-exempt nonprofit based in Texas. It has 14 years of IRS 990 filings on record. Total revenue: $869K. No red flags identified. Financial health grade: C.
How does Hofmann Mraz Care Home spend its money?
Hofmann Mraz Care Home reported $869K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hofmann Mraz Care Home tax-deductible?
Hofmann Mraz Care Home is registered as a tax-exempt nonprofit (EIN: 752412272). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hofmann Mraz Care Home located?
Hofmann Mraz Care Home is headquartered in Bonham, Texas and files with the IRS under EIN 752412272. It is classified under NTEE code P70Z.
How many years of IRS 990 filings does Hofmann Mraz Care Home have?
Hofmann Mraz Care Home has 14 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 $869K in total revenue.
Filing History
IRS 990 filing history for Hofmann Mraz Care Home showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Hofmann Mraz Care Home's revenue has grown by 91%, moving from $224K to $427K. Total assets increased by 422.7% over the same period, from $20K to $104K. Total functional expenses rose by 111.1%, from $215K to $454K. In its most recent filing year (2023), Hofmann Mraz Care Home reported a deficit of $27K, with expenses exceeding revenue. The organization holds $13K in liabilities against $104K in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $91K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $427K | $454K | $104K | $13K | — | View 990 |
| 2022 | $416K | $449K | $129K | $12K | — | — |
| 2021 | $418K | $454K | $164K | $13K | — | View 990 |
| 2020 | $453K | $465K | $200K | $13K | — | View 990 |
| 2019 | $413K | $421K | $211K | $12K | — | View 990 |
| 2018 | $408K | $367K | $222K | $16K | — | View 990 |
| 2017 | $444K | $401K | $195K | $30K | — | View 990 |
| 2016 | $418K | $381K | $158K | $36K | — | View 990 |
| 2015 | $352K | $334K | $135K | $52K | — | View 990 |
| 2014 | $264K | $268K | $94K | $59K | — | View 990 |
| 2013 | $276K | $237K | $84K | $45K | — | View 990 |
| 2012 | $276K | $237K | $77K | $11K | — | View 990 |
| 2011 | $248K | $250K | $27K | $0 | — | View 990 |
| 2010 | $224K | $215K | $20K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $427K, expenses of $454K, and assets of $104K (revenue +2.8% year-over-year).
- 2022: Revenue of $416K, expenses of $449K, and assets of $129K (revenue -0.6% year-over-year).
- 2021: Revenue of $418K, expenses of $454K, and assets of $164K (revenue -7.6% year-over-year).
- 2020: Revenue of $453K, expenses of $465K, and assets of $200K (revenue +9.5% year-over-year).
- 2019: Revenue of $413K, expenses of $421K, and assets of $211K (revenue +1.3% year-over-year).
- 2018: Revenue of $408K, expenses of $367K, and assets of $222K (revenue -8.0% year-over-year).
- 2017: Revenue of $444K, expenses of $401K, and assets of $195K (revenue +6.1% year-over-year).
- 2016: Revenue of $418K, expenses of $381K, and assets of $158K (revenue +19.0% year-over-year).
- 2015: Revenue of $352K, expenses of $334K, and assets of $135K (revenue +33.1% year-over-year).
- 2014: Revenue of $264K, expenses of $268K, and assets of $94K (revenue -4.4% year-over-year).
- 2013: Revenue of $276K, expenses of $237K, and assets of $84K (revenue +0.1% year-over-year).
- 2012: Revenue of $276K, expenses of $237K, and assets of $77K (revenue +11.3% year-over-year).
- 2011: Revenue of $248K, expenses of $250K, and assets of $27K (revenue +11.0% year-over-year).
- 2010: Revenue of $224K, expenses of $215K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hofmann Mraz Care Home:
Data Sources and Methodology
This transparency report for Hofmann Mraz 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.