Home Means Nevada Inc
EIN: 454412372 · Las Vegas, NV · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $442K |
| Net Assets | $740 |
Is Home Means Nevada 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 Means Nevada Inc
Home Means Nevada Inc (EIN: 454412372) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code L80. The organization reported total revenue of $404K and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Means Nevada Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home Means Nevada Inc is a small nonprofit that has been operating for 13 years, with 13 years of IRS 990 filings on record (2012–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $441K |
| Total Expenses | $442K |
| Surplus / Deficit | $-537 |
| Total Assets | $171K |
| Total Liabilities | $170K |
| Net Assets | $740 |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 99.6% |
| Months of Reserves | 4.6 months |
Financial Health Grade: C
In 2024, Home Means Nevada Inc reported a deficit of $537 with expenses exceeding revenue, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 99.6% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -74.4% | -74.3% | +398.4% |
| 2023 | -14.3% | -14.3% | -92.9% |
| 2022 | +144.4% | +144.4% | -4.9% |
| 2021 | +80.6% | +80.6% | +367.0% |
| 2020 | -13.9% | -31.7% | -20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Home Means Nevada 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 Means Nevada 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 $537, with expenses exceeding revenue.
- Debt-to-asset ratio: 99.6%.
Frequently Asked Questions about Home Means Nevada Inc
Is Home Means Nevada Inc a legitimate charity?
Home Means Nevada Inc (EIN: 454412372) is a registered tax-exempt nonprofit based in Nevada. It has 13 years of IRS 990 filings on record. Total revenue: $404K. No red flags identified. Financial health grade: C.
How does Home Means Nevada Inc spend its money?
Home Means Nevada Inc reported $404K 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 Means Nevada Inc tax-deductible?
Home Means Nevada Inc is registered as a tax-exempt nonprofit (EIN: 454412372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Home Means Nevada Inc located?
Home Means Nevada Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 454412372. It is classified under NTEE code L80.
How many years of IRS 990 filings does Home Means Nevada Inc have?
Home Means Nevada 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 $404K in total revenue.
Filing History
IRS 990 filing history for Home Means Nevada Inc showing financial trends over 13 years of public records:
Total assets increased by 17064100% over the same period, from $1 to $171K. In its most recent filing year (2024), Home Means Nevada Inc reported a deficit of $537, with expenses exceeding revenue. The organization holds $170K in liabilities against $171K in assets (debt-to-asset ratio: 99.6%), resulting in net assets of $740.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $441K | $442K | $171K | $170K | — | — |
| 2023 | $1.7M | $1.7M | $34K | $33K | — | View 990 |
| 2022 | $2.0M | $2.0M | $480K | $478K | — | View 990 |
| 2021 | $822K | $822K | $505K | $503K | — | — |
| 2020 | $455K | $455K | $108K | $106K | — | View 990 |
| 2019 | $529K | $666K | $136K | $133K | — | View 990 |
| 2018 | $317K | $316K | $669K | $530K | — | View 990 |
| 2017 | $1.6M | $49.4M | $139K | $0 | — | View 990 |
| 2016 | $3.3M | $2.7M | $48.0M | $45K | — | View 990 |
| 2015 | $1.1M | $2.3M | $98.6M | $51.3M | — | View 990 |
| 2014 | $49.0M | $508K | $99.6M | $51.1M | — | — |
| 2013 | $0 | $0 | $1 | $0 | — | — |
| 2012 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $441K, expenses of $442K, and assets of $171K (revenue -74.4% year-over-year).
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $34K (revenue -14.3% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.0M, and assets of $480K (revenue +144.4% year-over-year).
- 2021: Revenue of $822K, expenses of $822K, and assets of $505K (revenue +80.6% year-over-year).
- 2020: Revenue of $455K, expenses of $455K, and assets of $108K (revenue -13.9% year-over-year).
- 2019: Revenue of $529K, expenses of $666K, and assets of $136K (revenue +66.9% year-over-year).
- 2018: Revenue of $317K, expenses of $316K, and assets of $669K (revenue -79.6% year-over-year).
- 2017: Revenue of $1.6M, expenses of $49.4M, and assets of $139K (revenue -52.6% year-over-year).
- 2016: Revenue of $3.3M, expenses of $2.7M, and assets of $48.0M (revenue +195.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $2.3M, and assets of $98.6M (revenue -97.7% year-over-year).
- 2014: Revenue of $49.0M, expenses of $508K, and assets of $99.6M.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home Means Nevada Inc:
Data Sources and Methodology
This transparency report for Home Means Nevada 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.