Home Partnership Of Cecil County Inc
Home Partnership Of Cecil County Inc shows significant asset growth but recent operational deficits with no reported executive compensation.
EIN: 201630777 · Lutherville, MD · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $320K |
| Total Expenses | $474K |
| Program Spending | 80% |
| Net Assets | $5.3M |
| Transparency Score | 75/100 |
Is Home Partnership Of Cecil County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Home Partnership Of Cecil County Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Home Partnership Of Cecil County Inc
Home Partnership Of Cecil County Inc (EIN: 201630777) is a nonprofit organization based in Lutherville, MD, classified under NTEE code L20. The organization reported total revenue of $320K and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Partnership Of Cecil County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home Partnership Of Cecil County Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $382K |
| Total Expenses | $474K |
| Surplus / Deficit | $-92,416 |
| Total Assets | $8.6M |
| Total Liabilities | $3.3M |
| Net Assets | $5.3M |
| Operating Margin | -24.2% |
| Debt-to-Asset Ratio | 38.6% |
| Months of Reserves | 217.0 months |
Financial Health Grade: B
In 2023, Home Partnership Of Cecil County Inc reported a deficit of $92K with expenses exceeding revenue, holds 217.0 months of operating reserves (strong position), has a debt-to-asset ratio of 38.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Home Partnership Of Cecil County Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.9% | +0.8% | -0.9% |
| 2022 | -89.1% | +283.7% | -1.1% |
| 2021 | +139.3% | +386.5% | +227.1% |
| 2020 | +1969.6% | +20.5% | +134.5% |
| 2019 | +3.7% | +5475.5% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Home Partnership Of Cecil County Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Home Partnership Of Cecil County Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $92K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is a positive for resource allocation directly to mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Home Partnership Of Cecil County Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $92,416 in 2023, $122,912 in 2022) where expenses exceed revenue.
- Significant fluctuations in revenue and expenses year-over-year, making financial stability difficult to assess without further detail.
Strengths
The following positive indicators were identified for Home Partnership Of Cecil County Inc:
- Zero reported officer compensation, indicating efficient use of funds at the executive level.
- Substantial growth in assets from $714,163 in 2014 to $8,570,823 in 2023, demonstrating long-term financial capacity.
- Consistent filing of IRS Form 990s, indicating good compliance and transparency.
Frequently Asked Questions about Home Partnership Of Cecil County Inc
Is Home Partnership Of Cecil County Inc a legitimate charity?
Home Partnership Of Cecil County Inc (EIN: 201630777) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $320K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Home Partnership Of Cecil County Inc spend its money?
Home Partnership Of Cecil County Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Home Partnership Of Cecil County Inc tax-deductible?
Home Partnership Of Cecil County Inc is registered as a tax-exempt nonprofit (EIN: 201630777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Home Partnership Of Cecil County Inc's spending goes to programs?
Home Partnership Of Cecil County Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Home Partnership Of Cecil County Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Home Partnership Of Cecil County Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Home Partnership Of Cecil County Inc located?
Home Partnership Of Cecil County Inc is headquartered in Lutherville, Maryland and files with the IRS under EIN 201630777. It is classified under NTEE code L20.
How many years of IRS 990 filings does Home Partnership Of Cecil County Inc have?
Home Partnership Of Cecil County 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 $320K in total revenue.
What is the primary source of the organization's significant asset growth, especially between 2019 and 2020?
The assets jumped from $1,140,329 in 2019 to $2,673,829 in 2020, and then to $8,745,146 in 2021, coinciding with a revenue spike to $3,185,237 in 2021. This suggests significant capital contributions, grants, or property acquisitions.
How does the organization cover its operational deficits, such as the $92,416 deficit in 2023 and $122,912 deficit in 2022?
These deficits are likely covered by drawing from accumulated net assets, investment income, or non-operating revenue sources not fully detailed in the summary data.
What are the specific programs Home Partnership Of Cecil County Inc delivers given its NTEE code L20 (Housing Development, Construction & Management)?
While the data doesn't specify, an NTEE code of L20 suggests activities related to developing, constructing, or managing affordable housing, potentially for low-income individuals or families in Cecil County.
Filing History
IRS 990 filing history for Home Partnership Of Cecil County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Home Partnership Of Cecil County Inc's revenue has declined by 2%, moving from $390K to $382K. Total assets increased by 1753.9% over the same period, from $462K to $8.6M. Total functional expenses rose by 90.6%, from $249K to $474K. In its most recent filing year (2023), Home Partnership Of Cecil County Inc reported a deficit of $92K, with expenses exceeding revenue. The organization holds $3.3M in liabilities against $8.6M in assets (debt-to-asset ratio: 38.6%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $382K | $474K | $8.6M | $3.3M | — | View 990 |
| 2022 | $347K | $470K | $8.7M | $3.3M | — | View 990 |
| 2021 | $3.2M | $123K | $8.7M | $3.3M | — | — |
| 2020 | $1.3M | $25K | $2.7M | $618K | — | View 990 |
| 2019 | $64K | $21K | $1.1M | $391K | — | View 990 |
| 2018 | $62K | $375 | $1.1M | $421K | — | View 990 |
| 2017 | $45K | $50K | $1.0M | $363K | — | View 990 |
| 2016 | $254K | $17K | $975K | $325K | — | View 990 |
| 2015 | $52K | $1K | $730K | $316K | — | View 990 |
| 2014 | $216K | $89K | $714K | $263K | — | View 990 |
| 2013 | $14K | $72K | $387K | $62K | — | View 990 |
| 2012 | $596K | $396K | $422K | $39K | — | View 990 |
| 2011 | $390K | $249K | $462K | $279K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $382K, expenses of $474K, and assets of $8.6M (revenue +9.9% year-over-year).
- 2022: Revenue of $347K, expenses of $470K, and assets of $8.7M (revenue -89.1% year-over-year).
- 2021: Revenue of $3.2M, expenses of $123K, and assets of $8.7M (revenue +139.3% year-over-year).
- 2020: Revenue of $1.3M, expenses of $25K, and assets of $2.7M (revenue +1969.6% year-over-year).
- 2019: Revenue of $64K, expenses of $21K, and assets of $1.1M (revenue +3.7% year-over-year).
- 2018: Revenue of $62K, expenses of $375, and assets of $1.1M (revenue +38.3% year-over-year).
- 2017: Revenue of $45K, expenses of $50K, and assets of $1.0M (revenue -82.4% year-over-year).
- 2016: Revenue of $254K, expenses of $17K, and assets of $975K (revenue +393.0% year-over-year).
- 2015: Revenue of $52K, expenses of $1K, and assets of $730K (revenue -76.1% year-over-year).
- 2014: Revenue of $216K, expenses of $89K, and assets of $714K (revenue +1493.7% year-over-year).
- 2013: Revenue of $14K, expenses of $72K, and assets of $387K (revenue -97.7% year-over-year).
- 2012: Revenue of $596K, expenses of $396K, and assets of $422K (revenue +53.1% year-over-year).
- 2011: Revenue of $390K, expenses of $249K, and assets of $462K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home Partnership Of Cecil County Inc:
Data Sources and Methodology
This transparency report for Home Partnership Of Cecil County 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.