Home News Ent Group Ins Trust
EIN: 351717194 · Columbus, IN
| Metric | Value |
|---|---|
| Total Expenses | $1.4M |
| Net Assets | $16K |
Is Home News Ent Group Ins Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Home News Ent Group Ins Trust
Home News Ent Group Ins Trust (EIN: 351717194) is a nonprofit organization based in Columbus, IN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home News Ent Group Ins Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home News Ent Group Ins Trust is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -9.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$11K |
| Total Assets | $18K |
| Total Liabilities | $2K |
| Net Assets | $16K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 10.2% |
| Months of Reserves | 0.2 months |
Financial Health Grade: A
In 2014, Home News Ent Group Ins Trust reported a surplus of $11K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 10.2% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Home News Ent Group Ins Trust's revenue has declined at a compound annual growth rate (CAGR) of -9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +10.3% | +9.0% | -32.5% |
| 2013 | -28.3% | -27.4% | +25.2% |
| 2012 | -6.7% | -8.1% | +10.8% |
AI Analysis Pending
AI enrichment for Home News Ent Group Ins Trust 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 News Ent Group Ins Trust 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.2%.
Frequently Asked Questions about Home News Ent Group Ins Trust
Is Home News Ent Group Ins Trust a legitimate charity?
Home News Ent Group Ins Trust (EIN: 351717194) is a registered tax-exempt nonprofit based in Indiana. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Home News Ent Group Ins Trust spend its money?
Home News Ent Group Ins Trust reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Home News Ent Group Ins Trust tax-deductible?
Home News Ent Group Ins Trust is registered as a tax-exempt nonprofit (EIN: 351717194). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Home News Ent Group Ins Trust located?
Home News Ent Group Ins Trust is headquartered in Columbus, Indiana and files with the IRS under EIN 351717194.
How many years of IRS 990 filings does Home News Ent Group Ins Trust have?
Home News Ent Group Ins Trust has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Home News Ent Group Ins Trust showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Home News Ent Group Ins Trust's revenue has declined by 26.2%, moving from $1.9M to $1.4M. Total assets decreased by 6.4% over the same period, from $19K to $18K. Total functional expenses fell by 27.3%, from $1.9M to $1.4M. In its most recent filing year (2014), Home News Ent Group Ins Trust reported a surplus of $11K, with revenue exceeding expenses. The organization holds $2K in liabilities against $18K in assets (debt-to-asset ratio: 10.2%), resulting in net assets of $16K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $1.4M | $1.4M | $18K | $2K | — | View 990 |
| 2013 | $1.3M | $1.3M | $26K | $21K | — | View 990 |
| 2012 | $1.8M | $1.8M | $21K | $11K | — | View 990 |
| 2011 | $1.9M | $1.9M | $19K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $18K (revenue +10.3% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $26K (revenue -28.3% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.8M, and assets of $21K (revenue -6.7% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.9M, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home News Ent Group Ins Trust:
Data Sources and Methodology
This transparency report for Home News Ent Group Ins Trust 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.