Home For Home Inc
Home For Home Inc experiences deficit spending in 2023, with assets declining to $13,203.
EIN: 10947984 · Lake Stevens, WA · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $154K |
| Program Spending | 85% |
| Net Assets | $13K |
| Transparency Score | 80/100 |
Search Intent Cockpit
Home For Home Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Home For Home Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Home For Home Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $131K and expenses of $154K.
Revenue and Expenses
Home For Home Inc reported $131K in revenue and $154K in expenses, a deficit of $23K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
80/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Home For Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $131K (85%) |
Across stored filings, Home For Home Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade C | 10 stored filing years |
| Peer context | Compare with Okanogan Regional Humane | Washington and Category Q context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Okanogan Regional Humane →All Washington nonprofits
All Category Q
Local and Sector Spokes
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Lake Stevens, WA nonprofitsCategory Q in Washington
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Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Donation Decision Flow
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Keep the Investigation Moving
Home For Home Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Home For Home Inc
Home For Home Inc (EIN: 10947984) is a nonprofit organization based in Lake Stevens, WA, classified under NTEE code Q33. The organization reported total revenue of $130K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home For Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home For Home Inc is a small nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $154K |
| Surplus / Deficit | $-23,169 |
| Total Assets | $13K |
| Total Liabilities | $553 |
| Net Assets | $13K |
| Operating Margin | -17.6% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 1.0 months |
Financial Health Grade: C
In 2023, Home For Home Inc reported a deficit of $23K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Home For Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | +39.4% | -65.2% |
| 2022 | +8.2% | -6.0% | +20.5% |
| 2021 | +65.3% | +241.0% | -23.9% |
| 2020 | -13.1% | -54.1% | +332.5% |
| 2019 | -10.1% | -14.5% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 For Home Inc with a Mission Score of 80 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, Home For Home 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 deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all ten years of filings, indicating that no officers receive salaries from the organization. This is highly favorable for a nonprofit of its size, ensuring that all funds are directed towards operational expenses and programs.
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 For Home Inc's IRS 990 filings:
- Significant deficit spending in 2023 ($154,493 expenses vs. $131,324 revenue)
- Substantial decline in assets from $41,324 in 2020 to $13,203 in 2023
Strengths
The following positive indicators were identified for Home For Home Inc:
- Consistent 0% officer compensation across all ten years of filings
- Long history of IRS 990 filings demonstrating transparency
- Consistent revenue generation over a decade, indicating sustained donor support
Frequently Asked Questions about Home For Home Inc
Is Home For Home Inc a legitimate charity?
Home For Home Inc (EIN: 10947984) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $130K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Home For Home Inc spend its money?
Home For Home Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Home For Home Inc tax-deductible?
Home For Home Inc is registered as a tax-exempt nonprofit (EIN: 10947984). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Home For Home Inc's spending goes to programs?
Home For Home Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Home For Home Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Home For Home Inc is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Home For Home Inc located?
Home For Home Inc is headquartered in Lake Stevens, Washington and files with the IRS under EIN 10947984. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Home For Home Inc have?
Home For Home 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 $130K in total revenue.
Is Home For Home Inc financially stable given the 2023 deficit?
While Home For Home Inc experienced a deficit of over $23,000 in 2023 (Expenses $154,493 vs. Revenue $131,324) and a decrease in assets, its long-term financial history shows periods of surplus and consistent revenue generation. The organization's ability to recover from previous deficits (e.g., 2017, 2018) suggests resilience, but the recent trend warrants close observation.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation across all filings is a significant strength. It means that funds are not being used for executive salaries, which can lead to higher percentages of spending directly on programs and lower administrative overhead, enhancing donor trust and perceived efficiency.
What caused the significant drop in assets from $41,324 in 2020 to $13,203 in 2023?
The IRS 990 data shows a decline in assets from $41,324 in 2020 to $37,887 in 2022, and then a more substantial drop to $13,203 in 2023. This trend, especially the 2023 decrease, is likely influenced by the deficit spending in 2023 where expenses exceeded revenue, requiring the organization to draw down its reserves or assets to cover costs.
Filing History
IRS 990 filing history for Home For Home Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Home For Home Inc's revenue has grown by 69.6%, moving from $77K to $131K. Total assets decreased by 12.8% over the same period, from $15K to $13K. Total functional expenses rose by 56.8%, from $99K to $154K. In its most recent filing year (2023), Home For Home Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $553 in liabilities against $13K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $154K | $13K | $553 | — | View 990 |
| 2022 | $117K | $111K | $38K | $2K | — | View 990 |
| 2021 | $108K | $118K | $31K | $2K | — | — |
| 2020 | $65K | $35K | $41K | $2K | — | View 990 |
| 2019 | $75K | $75K | $10K | $1K | — | View 990 |
| 2018 | $84K | $88K | $9K | $428 | — | View 990 |
| 2017 | $83K | $93K | $15K | $2K | — | View 990 |
| 2016 | $59K | $50K | $25K | $2K | — | View 990 |
| 2015 | $58K | $58K | $15K | $440 | — | View 990 |
| 2014 | $77K | $99K | $15K | $292 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $154K, and assets of $13K (revenue +12.2% year-over-year).
- 2022: Revenue of $117K, expenses of $111K, and assets of $38K (revenue +8.2% year-over-year).
- 2021: Revenue of $108K, expenses of $118K, and assets of $31K (revenue +65.3% year-over-year).
- 2020: Revenue of $65K, expenses of $35K, and assets of $41K (revenue -13.1% year-over-year).
- 2019: Revenue of $75K, expenses of $75K, and assets of $10K (revenue -10.1% year-over-year).
- 2018: Revenue of $84K, expenses of $88K, and assets of $9K (revenue +0.6% year-over-year).
- 2017: Revenue of $83K, expenses of $93K, and assets of $15K (revenue +40.5% year-over-year).
- 2016: Revenue of $59K, expenses of $50K, and assets of $25K (revenue +2.4% year-over-year).
- 2015: Revenue of $58K, expenses of $58K, and assets of $15K (revenue -25.3% year-over-year).
- 2014: Revenue of $77K, expenses of $99K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home For Home Inc:
Data Sources and Methodology
This transparency report for Home For Home 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.