Homeward Bound In The Heartland
EIN: 450827349 · Omaha, NE · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $87K |
| Total Expenses | $34K |
| Net Assets | $6K |
Is Homeward Bound In The Heartland Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Homeward Bound In The Heartland
Homeward Bound In The Heartland (EIN: 450827349) is a nonprofit organization based in Omaha, NE, classified under NTEE code D20. The organization reported total revenue of $87K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homeward Bound In The Heartland's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Homeward Bound In The Heartland is a micro nonprofit that has been operating for 15 years, with 5 years of IRS 990 filings on record (2013–2018). Revenue has grown at a compound annual rate of -10.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $34K |
| Surplus / Deficit | $-1,098 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | -3.3% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2018, Homeward Bound In The Heartland reported a deficit of $1K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2013–2018), Homeward Bound In The Heartland's revenue has declined at a compound annual growth rate (CAGR) of -10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -21.8% | -18.4% | -16.2% |
| 2017 | -16.8% | -12.8% | +6.2% |
| 2016 | -7.3% | -11.5% | +75.6% |
| 2015 | -4.1% | -11.3% | +177.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Homeward Bound In The Heartland 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 Homeward Bound In The Heartland 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
Frequently Asked Questions about Homeward Bound In The Heartland
Is Homeward Bound In The Heartland a legitimate charity?
Homeward Bound In The Heartland (EIN: 450827349) is a registered tax-exempt nonprofit based in Nebraska. It has 5 years of IRS 990 filings on record. Total revenue: $87K. No red flags identified. Financial health grade: C.
How does Homeward Bound In The Heartland spend its money?
Homeward Bound In The Heartland reported $87K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Homeward Bound In The Heartland tax-deductible?
Homeward Bound In The Heartland is registered as a tax-exempt nonprofit (EIN: 450827349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Homeward Bound In The Heartland located?
Homeward Bound In The Heartland is headquartered in Omaha, Nebraska and files with the IRS under EIN 450827349. It is classified under NTEE code D20.
How many years of IRS 990 filings does Homeward Bound In The Heartland have?
Homeward Bound In The Heartland has 5 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 $87K in total revenue.
Filing History
IRS 990 filing history for Homeward Bound In The Heartland showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2013–2018), Homeward Bound In The Heartland's revenue has declined by 42.1%, moving from $57K to $33K. Total assets increased by 333.6% over the same period, from $1K to $6K. Total functional expenses fell by 44.1%, from $61K to $34K. In its most recent filing year (2018), Homeward Bound In The Heartland reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $33K | $34K | $6K | $0 | — | View 990 |
| 2017 | $42K | $42K | $7K | $0 | — | View 990 |
| 2016 | $50K | $48K | $6K | $0 | — | View 990 |
| 2015 | $54K | $54K | $4K | $0 | — | View 990 |
| 2013 | $57K | $61K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $33K, expenses of $34K, and assets of $6K (revenue -21.8% year-over-year).
- 2017: Revenue of $42K, expenses of $42K, and assets of $7K (revenue -16.8% year-over-year).
- 2016: Revenue of $50K, expenses of $48K, and assets of $6K (revenue -7.3% year-over-year).
- 2015: Revenue of $54K, expenses of $54K, and assets of $4K (revenue -4.1% year-over-year).
- 2013: Revenue of $57K, expenses of $61K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Homeward Bound In The Heartland:
Data Sources and Methodology
This transparency report for Homeward Bound In The Heartland 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.