Home For The Holidays Inc
EIN: 273551020 · Lafayette, LA · NTEE: T70
| Metric | Value |
|---|---|
| Total Revenue | $577K |
| Total Expenses | $75K |
| Net Assets | $-54,866 |
Is Home For The Holidays Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Home For The Holidays Inc
Home For The Holidays Inc (EIN: 273551020) is a nonprofit organization based in Lafayette, LA, classified under NTEE code T70. The organization reported total revenue of $577K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home For The Holidays Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home For The Holidays Inc is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $75K |
| Surplus / Deficit | $-4,159 |
| Total Assets | $270K |
| Total Liabilities | $325K |
| Net Assets | $-54,866 |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 120.3% |
| Months of Reserves | 43.0 months |
Financial Health Grade: C
In 2024, Home For The Holidays Inc reported a deficit of $4K with expenses exceeding revenue, holds 43.0 months of operating reserves (strong position), has a debt-to-asset ratio of 120.3% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Home For The Holidays Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -152.0% | -59.3% | -20.0% |
| 2022 | -25.6% | -14.5% | -19.3% |
| 2021 | +548.6% | +264.6% | +39.6% |
| 2020 | -71.7% | -59.0% | +90.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Home For The Holidays Inc 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 Home For The Holidays Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 120.3%.
Frequently Asked Questions about Home For The Holidays Inc
Is Home For The Holidays Inc a legitimate charity?
Home For The Holidays Inc (EIN: 273551020) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $577K. No red flags identified. Financial health grade: C.
How does Home For The Holidays Inc spend its money?
Home For The Holidays Inc reported $577K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Home For The Holidays Inc tax-deductible?
Home For The Holidays Inc is registered as a tax-exempt nonprofit (EIN: 273551020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Home For The Holidays Inc located?
Home For The Holidays Inc is headquartered in Lafayette, Louisiana and files with the IRS under EIN 273551020. It is classified under NTEE code T70.
How many years of IRS 990 filings does Home For The Holidays Inc have?
Home For The Holidays Inc has 13 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 $577K in total revenue.
Filing History
IRS 990 filing history for Home For The Holidays Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Home For The Holidays Inc's revenue has declined by 39.3%, moving from $117K to $71K. Total assets increased by 119.6% over the same period, from $123K to $270K. Total functional expenses rose by 4000.6%, from $2K to $75K. In its most recent filing year (2024), Home For The Holidays Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $325K in liabilities against $270K in assets (debt-to-asset ratio: 120.3%), resulting in net assets of $-54,866.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $71K | $75K | $270K | $325K | — | — |
| 2023 | $-101,754 | $77K | $252K | $302K | — | View 990 |
| 2022 | $196K | $188K | $315K | $187K | — | View 990 |
| 2021 | $263K | $220K | $390K | $270K | — | — |
| 2020 | $41K | $60K | $280K | $202K | — | View 990 |
| 2019 | $143K | $147K | $147K | $50K | — | View 990 |
| 2018 | $254K | $238K | $121K | $20K | — | View 990 |
| 2017 | $159K | $189K | $143K | $58K | — | View 990 |
| 2016 | $206K | $295K | $115K | $0 | — | View 990 |
| 2015 | $292K | $245K | $219K | $16K | — | View 990 |
| 2014 | $199K | $202K | $157K | $0 | — | View 990 |
| 2013 | $277K | $233K | $160K | $0 | — | View 990 |
| 2012 | $117K | $2K | $123K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $71K, expenses of $75K, and assets of $270K.
- 2023: Revenue of $-101,754, expenses of $77K, and assets of $252K (revenue -152.0% year-over-year).
- 2022: Revenue of $196K, expenses of $188K, and assets of $315K (revenue -25.6% year-over-year).
- 2021: Revenue of $263K, expenses of $220K, and assets of $390K (revenue +548.6% year-over-year).
- 2020: Revenue of $41K, expenses of $60K, and assets of $280K (revenue -71.7% year-over-year).
- 2019: Revenue of $143K, expenses of $147K, and assets of $147K (revenue -43.5% year-over-year).
- 2018: Revenue of $254K, expenses of $238K, and assets of $121K (revenue +59.7% year-over-year).
- 2017: Revenue of $159K, expenses of $189K, and assets of $143K (revenue -23.0% year-over-year).
- 2016: Revenue of $206K, expenses of $295K, and assets of $115K (revenue -29.2% year-over-year).
- 2015: Revenue of $292K, expenses of $245K, and assets of $219K (revenue +46.6% year-over-year).
- 2014: Revenue of $199K, expenses of $202K, and assets of $157K (revenue -28.4% year-over-year).
- 2013: Revenue of $277K, expenses of $233K, and assets of $160K (revenue +136.4% year-over-year).
- 2012: Revenue of $117K, expenses of $2K, and assets of $123K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home For The Holidays Inc:
Data Sources and Methodology
This transparency report for Home For The Holidays 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.