Home Line

EIN: 411941115 · Bloomington, MN · NTEE: L01

$1.6MRevenue
$1.6MGross Revenue
$1.1MAssets
0/100Mission Score (Very Poor)
L01
Home Line Financial Summary
MetricValue
Total Revenue$1.6M
Total Expenses$1.7M
Net Assets$680K

Is Home Line Legit?

Insufficient Data

GoodFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

About Home Line

Home Line (EIN: 411941115) is a nonprofit organization based in Bloomington, MN, classified under NTEE code L01. The organization reported total revenue of $1.6M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Line's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

27Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Home Line is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.7M
Total Expenses$1.7M
Surplus / Deficit+$16K
Total Assets$1.3M
Total Liabilities$639K
Net Assets$680K
Operating Margin1.0%
Debt-to-Asset Ratio48.5%
Months of Reserves9.6 months

Financial Health Grade: A

In 2023, Home Line reported a surplus of $16K with revenue exceeding expenses, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 48.5% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Home Line's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+38.9%+6.2%+2.5%
2022+4.4%+29.7%+23.0%
2021-13.7%+23.7%-3.2%
2020+60.8%+10.0%+50.2%
2019-11.4%+14.2%-6.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1999

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Home Line 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 Line 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:

$1.7MTotal Revenue
$1.7MTotal Expenses
$1.3MTotal Assets
$639KTotal Liabilities
$680KNet Assets
  • The organization reported a surplus of $16K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 48.5%.

Frequently Asked Questions about Home Line

Is Home Line a legitimate charity?

Home Line (EIN: 411941115) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: A.

How does Home Line spend its money?

Home Line reported $1.6M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to Home Line tax-deductible?

Home Line is registered as a tax-exempt nonprofit (EIN: 411941115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Home Line located?

Home Line is headquartered in Bloomington, Minnesota and files with the IRS under EIN 411941115. It is classified under NTEE code L01.

How many years of IRS 990 filings does Home Line have?

Home Line 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 $1.6M in total revenue.

Filing History

IRS 990 filing history for Home Line showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Home Line's revenue has grown by 335.4%, moving from $383K to $1.7M. Total assets increased by 338.8% over the same period, from $301K to $1.3M. Total functional expenses rose by 186.2%, from $577K to $1.7M. In its most recent filing year (2023), Home Line reported a surplus of $16K, with revenue exceeding expenses. The organization holds $639K in liabilities against $1.3M in assets (debt-to-asset ratio: 48.5%), resulting in net assets of $680K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.7M $1.7M $1.3M $639K
2022 $1.2M $1.6M $1.3M $709K View 990
2021 $1.2M $1.2M $1.0M $91K View 990
2020 $1.3M $970K $1.1M $77K
2019 $829K $882K $719K $79K View 990
2018 $936K $772K $768K $76K View 990
2017 $699K $699K $583K $55K View 990
2016 $744K $713K $569K $41K View 990
2015 $734K $698K $540K $42K View 990
2014 $745K $638K $499K $37K View 990
2013 $602K $529K $387K $32K View 990
2012 $519K $495K $327K $44K View 990
2011 $383K $577K $301K $43K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $1.3M (revenue +38.9% year-over-year).
  • 2022: Revenue of $1.2M, expenses of $1.6M, and assets of $1.3M (revenue +4.4% year-over-year).
  • 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $1.0M (revenue -13.7% year-over-year).
  • 2020: Revenue of $1.3M, expenses of $970K, and assets of $1.1M (revenue +60.8% year-over-year).
  • 2019: Revenue of $829K, expenses of $882K, and assets of $719K (revenue -11.4% year-over-year).
  • 2018: Revenue of $936K, expenses of $772K, and assets of $768K (revenue +33.9% year-over-year).
  • 2017: Revenue of $699K, expenses of $699K, and assets of $583K (revenue -6.0% year-over-year).
  • 2016: Revenue of $744K, expenses of $713K, and assets of $569K (revenue +1.3% year-over-year).
  • 2015: Revenue of $734K, expenses of $698K, and assets of $540K (revenue -1.5% year-over-year).
  • 2014: Revenue of $745K, expenses of $638K, and assets of $499K (revenue +23.9% year-over-year).
  • 2013: Revenue of $602K, expenses of $529K, and assets of $387K (revenue +15.9% year-over-year).
  • 2012: Revenue of $519K, expenses of $495K, and assets of $327K (revenue +35.6% year-over-year).
  • 2011: Revenue of $383K, expenses of $577K, and assets of $301K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Home Line:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Home Line 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.

Other Nonprofits in Minnesota

Explore more nonprofits based in Minnesota with AI-powered transparency reports.

View all Minnesota nonprofits →

Similar Organizations (NTEE L01)

Other nonprofits classified under NTEE code L01.

View all L01 nonprofits →

Explore Related Nonprofits

Browse by State