Homeless Veterans Fellowship
EIN: 742567014 · Ogden, UT · NTEE: L41Z
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $1.7M |
| Net Assets | $914K |
Is Homeless Veterans Fellowship Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Homeless Veterans Fellowship
Homeless Veterans Fellowship (EIN: 742567014) is a nonprofit organization based in Ogden, UT, classified under NTEE code L41Z. The organization reported total revenue of $2.4M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homeless Veterans Fellowship's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Homeless Veterans Fellowship is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-141,109 |
| Total Assets | $1.3M |
| Total Liabilities | $360K |
| Net Assets | $914K |
| Operating Margin | -8.9% |
| Debt-to-Asset Ratio | 28.3% |
| Months of Reserves | 8.9 months |
Financial Health Grade: B
In 2023, Homeless Veterans Fellowship reported a deficit of $141K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 28.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Homeless Veterans Fellowship's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +22.3% | -12.0% |
| 2022 | -3.7% | +1.2% | +12.9% |
| 2021 | +20.1% | +8.9% | +15.1% |
| 2020 | +30.7% | +43.8% | +5.7% |
| 2019 | +21.3% | +5.2% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Homeless Veterans Fellowship 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 Homeless Veterans Fellowship 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 deficit of $141K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.3%.
Frequently Asked Questions about Homeless Veterans Fellowship
Is Homeless Veterans Fellowship a legitimate charity?
Homeless Veterans Fellowship (EIN: 742567014) is a registered tax-exempt nonprofit based in Utah. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. Financial health grade: B.
How does Homeless Veterans Fellowship spend its money?
Homeless Veterans Fellowship reported $2.4M 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 Homeless Veterans Fellowship tax-deductible?
Homeless Veterans Fellowship is registered as a tax-exempt nonprofit (EIN: 742567014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Homeless Veterans Fellowship located?
Homeless Veterans Fellowship is headquartered in Ogden, Utah and files with the IRS under EIN 742567014. It is classified under NTEE code L41Z.
How many years of IRS 990 filings does Homeless Veterans Fellowship have?
Homeless Veterans Fellowship 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 $2.4M in total revenue.
Filing History
IRS 990 filing history for Homeless Veterans Fellowship showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Homeless Veterans Fellowship's revenue has grown by 312.6%, moving from $384K to $1.6M. Total assets increased by 24.6% over the same period, from $1.0M to $1.3M. Total functional expenses rose by 300.4%, from $431K to $1.7M. In its most recent filing year (2023), Homeless Veterans Fellowship reported a deficit of $141K, with expenses exceeding revenue. The organization holds $360K in liabilities against $1.3M in assets (debt-to-asset ratio: 28.3%), resulting in net assets of $914K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.7M | $1.3M | $360K | — | — |
| 2022 | $1.5M | $1.4M | $1.4M | $393K | — | View 990 |
| 2021 | $1.6M | $1.4M | $1.3M | $328K | — | View 990 |
| 2020 | $1.3M | $1.3M | $1.1M | $323K | — | — |
| 2019 | $991K | $890K | $1.1M | $279K | — | View 990 |
| 2018 | $817K | $846K | $965K | $292K | — | View 990 |
| 2017 | $871K | $901K | $1.0M | $299K | — | View 990 |
| 2016 | $825K | $863K | $1.0M | $299K | — | View 990 |
| 2015 | $728K | $695K | $1.1M | $301K | — | View 990 |
| 2014 | $761K | $721K | $1.1M | $310K | — | View 990 |
| 2013 | $469K | $464K | $1.0M | $311K | — | View 990 |
| 2012 | $366K | $383K | $992K | $292K | — | View 990 |
| 2011 | $384K | $431K | $1.0M | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.7M, and assets of $1.3M (revenue +5.6% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $1.4M (revenue -3.7% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $1.3M (revenue +20.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $1.1M (revenue +30.7% year-over-year).
- 2019: Revenue of $991K, expenses of $890K, and assets of $1.1M (revenue +21.3% year-over-year).
- 2018: Revenue of $817K, expenses of $846K, and assets of $965K (revenue -6.2% year-over-year).
- 2017: Revenue of $871K, expenses of $901K, and assets of $1.0M (revenue +5.5% year-over-year).
- 2016: Revenue of $825K, expenses of $863K, and assets of $1.0M (revenue +13.4% year-over-year).
- 2015: Revenue of $728K, expenses of $695K, and assets of $1.1M (revenue -4.3% year-over-year).
- 2014: Revenue of $761K, expenses of $721K, and assets of $1.1M (revenue +62.1% year-over-year).
- 2013: Revenue of $469K, expenses of $464K, and assets of $1.0M (revenue +28.4% year-over-year).
- 2012: Revenue of $366K, expenses of $383K, and assets of $992K (revenue -4.7% year-over-year).
- 2011: Revenue of $384K, expenses of $431K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Homeless Veterans Fellowship:
Data Sources and Methodology
This transparency report for Homeless Veterans Fellowship 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.