Home In Stead Inc
EIN: 421432888 · Leon, IA · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $133K |
| Total Expenses | $93K |
| Net Assets | $-137,936 |
Is Home In Stead 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 In Stead Inc
Home In Stead Inc (EIN: 421432888) is a nonprofit organization based in Leon, IA, classified under NTEE code L20. The organization reported total revenue of $133K and total assets of $537K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home In Stead Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home In Stead Inc is a small nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $93K |
| Surplus / Deficit | +$41K |
| Total Assets | $684K |
| Total Liabilities | $822K |
| Net Assets | $-137,936 |
| Operating Margin | 30.3% |
| Debt-to-Asset Ratio | 120.2% |
| Months of Reserves | 88.0 months |
Financial Health Grade: A
In 2023, Home In Stead Inc reported a surplus of $41K with revenue exceeding expenses, holds 88.0 months of operating reserves (strong position), has a debt-to-asset ratio of 120.2% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | -37.0% | +7.8% |
| 2022 | -8.8% | +23.0% | -2.6% |
| 2021 | +8.7% | +12.1% | +2.8% |
| 2020 | -3.3% | -53.2% | +4.9% |
| 2019 | +36.5% | +28.3% | -13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Home In Stead 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 In Stead 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 120.2%.
Frequently Asked Questions about Home In Stead Inc
Is Home In Stead Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Home In Stead Inc (EIN: 421432888) insufficient data. 0 red flags identified, 0 strengths noted.
How does Home In Stead Inc spend its money?
Detailed spending breakdown data is not yet available for Home In Stead Inc. Check back for updated IRS 990 analysis.
Are donations to Home In Stead Inc tax-deductible?
Home In Stead Inc is registered as a tax-exempt nonprofit (EIN: 421432888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Home In Stead Inc located?
Home In Stead Inc is headquartered in Leon, Iowa and files with the IRS under EIN 421432888. It is classified under NTEE code L20.
How many years of IRS 990 filings does Home In Stead Inc have?
Home In Stead Inc has 12 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 $133K in total revenue.
Filing History
IRS 990 filing history for Home In Stead Inc showing financial trends over 12 years of public records:
Total assets decreased by 27.9% over the same period, from $948K to $684K. Total functional expenses rose by 507.4%, from $15K to $93K. In its most recent filing year (2023), Home In Stead Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $822K in liabilities against $684K in assets (debt-to-asset ratio: 120.2%), resulting in net assets of $-137,936.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $93K | $684K | $822K | — | — |
| 2022 | $133K | $148K | $635K | $823K | — | View 990 |
| 2021 | $146K | $120K | $652K | $825K | — | — |
| 2020 | $134K | $107K | $634K | $832K | — | View 990 |
| 2019 | $139K | $229K | $604K | $830K | — | View 990 |
| 2018 | $102K | $179K | $699K | $834K | — | View 990 |
| 2017 | $-47,416 | $14K | $775K | $33K | — | View 990 |
| 2016 | $-62,293 | $16K | $837K | $972 | — | View 990 |
| 2015 | $7K | $15K | $915K | $832 | — | View 990 |
| 2014 | $-12,627 | $15K | $923K | $872 | — | View 990 |
| 2013 | $20K | $16K | $951K | $1K | — | View 990 |
| 2012 | $-10,216 | $15K | $948K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $93K, and assets of $684K (revenue +0.5% year-over-year).
- 2022: Revenue of $133K, expenses of $148K, and assets of $635K (revenue -8.8% year-over-year).
- 2021: Revenue of $146K, expenses of $120K, and assets of $652K (revenue +8.7% year-over-year).
- 2020: Revenue of $134K, expenses of $107K, and assets of $634K (revenue -3.3% year-over-year).
- 2019: Revenue of $139K, expenses of $229K, and assets of $604K (revenue +36.5% year-over-year).
- 2018: Revenue of $102K, expenses of $179K, and assets of $699K.
- 2017: Revenue of $-47,416, expenses of $14K, and assets of $775K.
- 2016: Revenue of $-62,293, expenses of $16K, and assets of $837K (revenue -1019.6% year-over-year).
- 2015: Revenue of $7K, expenses of $15K, and assets of $915K.
- 2014: Revenue of $-12,627, expenses of $15K, and assets of $923K (revenue -164.4% year-over-year).
- 2013: Revenue of $20K, expenses of $16K, and assets of $951K.
- 2012: Revenue of $-10,216, expenses of $15K, and assets of $948K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home In Stead Inc:
Data Sources and Methodology
This transparency report for Home In Stead 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.