Home Builders Association Of West Virginia Foundation Inc
Home Builders Association Of West Virginia Foundation Inc operates with minimal revenue and assets, consistently reporting zero officer compensation.
EIN: 205284114 · Charleston, WV · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $300 |
| Program Spending | 80% |
| Net Assets | $2K |
| Transparency Score | 65/100 |
Is Home Builders Association Of West Virginia Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Home Builders Association Of West Virginia Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Home Builders Association Of West Virginia Foundation Inc
Home Builders Association Of West Virginia Foundation Inc (EIN: 205284114) is a nonprofit organization based in Charleston, WV, classified under NTEE code T30. The organization reported total revenue of $1 and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Builders Association Of West Virginia Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home Builders Association Of West Virginia Foundation Inc is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2014–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -99.0% | -5.7% |
| 2022 | -40.4% | -40.2% | -8.2% |
| 2021 | +72.4% | +79.0% | -8.7% |
| 2020 | +66.1% | +29.4% | +13.5% |
| 2019 | +21.5% | +68.1% | -44.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Home Builders Association Of West Virginia Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Home Builders Association Of West Virginia Foundation Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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:
- Debt-to-asset ratio: 53.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is appropriate for an organization of its small size and limited financial activity.
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 Home Builders Association Of West Virginia Foundation Inc's IRS 990 filings:
- Significant decline in revenue and assets over the past decade, from $112,505 revenue in 2014 to $1 in 2023, and assets from $32,490 to $4,982.
- Consistent liabilities of $2,664 in recent years without clear explanation in the provided data, representing a substantial portion of its current assets.
- Extremely low current revenue ($1 in 2023) suggests minimal operational activity or potential dormancy.
Strengths
The following positive indicators were identified for Home Builders Association Of West Virginia Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds for administrative overhead.
- Long filing history (10 filings) demonstrates a commitment to IRS compliance, even with minimal activity.
Frequently Asked Questions about Home Builders Association Of West Virginia Foundation Inc
Is Home Builders Association Of West Virginia Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Home Builders Association Of West Virginia Foundation Inc (EIN: 205284114) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Home Builders Association Of West Virginia Foundation Inc spend its money?
Home Builders Association Of West Virginia Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Home Builders Association Of West Virginia Foundation Inc tax-deductible?
Home Builders Association Of West Virginia Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205284114). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Home Builders Association Of West Virginia Foundation Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Home Builders Association Of West Virginia Foundation Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Home Builders Association Of West Virginia Foundation Inc located?
Home Builders Association Of West Virginia Foundation Inc is headquartered in Charleston, West Virginia and files with the IRS under EIN 205284114. It is classified under NTEE code T30.
How many years of IRS 990 filings does Home Builders Association Of West Virginia Foundation Inc have?
Home Builders Association Of West Virginia Foundation Inc has 10 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 $1 in total revenue.
What is the nature of the consistent $2,664 liability reported in recent years?
The filings consistently show $2,664 in liabilities from 2017 through 2023. Understanding the source and purpose of this recurring liability is crucial for assessing the organization's financial health.
Why has the organization's revenue and asset base significantly declined since 2017?
Revenue peaked at $139,555 in 2016 and assets at $32,490 in 2014, but have since dropped to near zero revenue and under $5,000 in assets. This trend suggests a significant scaling back of operations or a change in financial strategy.
What specific programs or activities does the organization currently undertake with its minimal budget?
Given the latest reported revenue of $1 and expenses of $300, it's unclear what specific programmatic activities are being funded or if the organization is largely dormant.
Filing History
IRS 990 filing history for Home Builders Association Of West Virginia Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Home Builders Association Of West Virginia Foundation Inc's revenue has declined by 100%, moving from $113K to $0. Total assets decreased by 84.7% over the same period, from $32K to $5K. Total functional expenses fell by 99.6%, from $83K to $300. The organization holds $3K in liabilities against $5K in assets (debt-to-asset ratio: 53.5%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $300 | $5K | $3K | — | — |
| 2022 | $30K | $30K | $5K | $3K | — | View 990 |
| 2021 | $50K | $50K | $6K | $3K | — | — |
| 2020 | $29K | $28K | $6K | $3K | — | — |
| 2019 | $17K | $22K | $6K | $3K | — | View 990 |
| 2018 | $14K | $13K | $10K | $3K | — | View 990 |
| 2017 | $120K | $101K | $9K | $3K | — | View 990 |
| 2016 | $140K | $148K | $12K | $25K | — | View 990 |
| 2015 | $79K | $117K | $154 | $5K | — | View 990 |
| 2014 | $113K | $83K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $300, and assets of $5K (revenue -100.0% year-over-year).
- 2022: Revenue of $30K, expenses of $30K, and assets of $5K (revenue -40.4% year-over-year).
- 2021: Revenue of $50K, expenses of $50K, and assets of $6K (revenue +72.4% year-over-year).
- 2020: Revenue of $29K, expenses of $28K, and assets of $6K (revenue +66.1% year-over-year).
- 2019: Revenue of $17K, expenses of $22K, and assets of $6K (revenue +21.5% year-over-year).
- 2018: Revenue of $14K, expenses of $13K, and assets of $10K (revenue -88.1% year-over-year).
- 2017: Revenue of $120K, expenses of $101K, and assets of $9K (revenue -14.0% year-over-year).
- 2016: Revenue of $140K, expenses of $148K, and assets of $12K (revenue +76.1% year-over-year).
- 2015: Revenue of $79K, expenses of $117K, and assets of $154 (revenue -29.6% year-over-year).
- 2014: Revenue of $113K, expenses of $83K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home Builders Association Of West Virginia Foundation Inc:
Data Sources and Methodology
This transparency report for Home Builders Association Of West Virginia Foundation 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.