Homies Unidos Denver
EIN: 811645149 · Denver, CO · NTEE: I21
| Metric | Value |
|---|---|
| Total Revenue | $861K |
| Total Expenses | $565K |
| Net Assets | $51K |
Is Homies Unidos Denver Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Homies Unidos Denver
Homies Unidos Denver (EIN: 811645149) is a nonprofit organization based in Denver, CO, classified under NTEE code I21. The organization reported total revenue of $861K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homies Unidos Denver's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Homies Unidos Denver is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 51.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $535K |
| Total Expenses | $565K |
| Surplus / Deficit | $-29,666 |
| Total Assets | $49K |
| Net Assets | $51K |
| Operating Margin | -5.5% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2023, Homies Unidos Denver reported a deficit of $30K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2016–2023), Homies Unidos Denver's revenue has grown at a compound annual growth rate (CAGR) of 51.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +93.6% | +155.3% | -39.2% |
| 2022 | +135.0% | +157.2% | +153.3% |
| 2021 | +36.3% | +0.7% | — |
| 2020 | -17.8% | -17.8% | — |
| 2019 | +467.5% | +494.4% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Homies Unidos Denver 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 Homies Unidos Denver 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 $30K, with expenses exceeding revenue.
Frequently Asked Questions about Homies Unidos Denver
Is Homies Unidos Denver a legitimate charity?
Based on AI analysis of IRS 990 filings, Homies Unidos Denver (EIN: 811645149) insufficient data. 0 red flags identified, 0 strengths noted.
How does Homies Unidos Denver spend its money?
Detailed spending breakdown data is not yet available for Homies Unidos Denver. Check back for updated IRS 990 analysis.
Are donations to Homies Unidos Denver tax-deductible?
Homies Unidos Denver is registered as a tax-exempt nonprofit (EIN: 811645149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Homies Unidos Denver located?
Homies Unidos Denver is headquartered in Denver, Colorado and files with the IRS under EIN 811645149. It is classified under NTEE code I21.
How many years of IRS 990 filings does Homies Unidos Denver have?
Homies Unidos Denver has 8 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 $861K in total revenue.
Filing History
IRS 990 filing history for Homies Unidos Denver showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Homies Unidos Denver's revenue has grown by 1746.4%, moving from $29K to $535K. Total functional expenses rose by 2024.9%, from $27K to $565K. In its most recent filing year (2023), Homies Unidos Denver reported a deficit of $30K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $535K | $565K | $49K | $-2,663 | — | — |
| 2022 | $277K | $221K | $80K | $0 | — | View 990 |
| 2021 | $118K | $86K | $32K | $0 | — | View 990 |
| 2020 | $86K | $86K | $0 | $0 | — | — |
| 2019 | $105K | $104K | $0 | $0 | — | View 990 |
| 2018 | $19K | $17K | $0 | $0 | — | View 990 |
| 2017 | $26K | $24K | $0 | $0 | — | View 990 |
| 2016 | $29K | $27K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $535K, expenses of $565K, and assets of $49K (revenue +93.6% year-over-year).
- 2022: Revenue of $277K, expenses of $221K, and assets of $80K (revenue +135.0% year-over-year).
- 2021: Revenue of $118K, expenses of $86K, and assets of $32K (revenue +36.3% year-over-year).
- 2020: Revenue of $86K, expenses of $86K, and assets of $0 (revenue -17.8% year-over-year).
- 2019: Revenue of $105K, expenses of $104K, and assets of $0 (revenue +467.5% year-over-year).
- 2018: Revenue of $19K, expenses of $17K, and assets of $0 (revenue -29.4% year-over-year).
- 2017: Revenue of $26K, expenses of $24K, and assets of $0 (revenue -9.7% year-over-year).
- 2016: Revenue of $29K, expenses of $27K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Homies Unidos Denver:
Data Sources and Methodology
This transparency report for Homies Unidos Denver 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.