Honor Ehg Inc
Honor Ehg Inc faces recent operating deficits despite asset growth and zero reported officer compensation.
EIN: 141596731 · Middletown, NY · NTEE: F200 · Updated: 2026-03-28
Is Honor Ehg Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Honor Ehg Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Honor Ehg Inc
Honor Ehg Inc (EIN: 141596731) is a nonprofit organization based in Middletown, NY, classified under NTEE code F200. The organization reported total revenue of $10.7M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Honor Ehg Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Honor Ehg Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Honor Ehg Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no direct salaries are paid to officers, which is highly unusual for an organization of its size with over $10 million in latest revenue and over $6 million in assets. This suggests either a volunteer leadership model or compensation structured in a way not reported as 'officer compensation' on the 990, which warrants further investigation for complete transparency.
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 Honor Ehg Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 and 2022), where expenses exceeded revenue.
- Significant increase in liabilities over the past decade, from $1.1M in 2014 to $3.9M in 2023, without clear explanation.
- Unusually low (0%) reported officer compensation for an organization of this scale, which could indicate alternative compensation structures or a lack of transparency in reporting.
Strengths
The following positive indicators were identified for Honor Ehg Inc:
- Consistent asset growth over the past decade, from $2.6M in 2013 to $6.3M in 2023, indicating financial stability and capacity.
- Long operational history with 12 filings, suggesting established presence and experience.
- Strong program focus implied by the NTEE code F200 (Residential Care & Housing) and the assumption of high program spending given the nature of services.
Frequently Asked Questions about Honor Ehg Inc
Is Honor Ehg Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Honor Ehg Inc (EIN: 141596731) some concerns. Mission Score: 80/100. 3 red flags identified, 3 strengths noted.
How does Honor Ehg Inc spend its money?
Honor Ehg Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Honor Ehg Inc tax-deductible?
Honor Ehg Inc is registered as a tax-exempt nonprofit (EIN: 141596731). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Honor Ehg Inc cover its operational deficits, given that expenses have exceeded revenue in recent years (e.g., $7.5M expenses vs. $6.9M revenue in 2023)?
The organization likely covers these deficits by drawing from accumulated assets or through other non-revenue income sources not detailed in the provided summary. The increase in liabilities also suggests potential borrowing or deferred payments.
What is the nature of the significant increase in liabilities, from $1,181,130 in 2014 to $3,917,666 in 2023?
The substantial increase in liabilities could be due to various factors such as increased debt for facility expansion, program investments, or deferred payments to vendors. This trend warrants closer examination to understand the organization's financial obligations.
How are the organization's officers and key employees compensated if 'Officer Comp' is consistently reported as 0%?
The consistent 0% officer compensation suggests either a fully volunteer leadership structure or that compensation for key personnel is categorized differently on the 990, such as through management fees to related entities or as part of general salaries and wages, rather than direct officer compensation.
Filing History
IRS 990 filing history for Honor Ehg Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Honor Ehg Inc's revenue has grown by 59.7%, moving from $4.4M to $7.0M. Total assets increased by 188.5% over the same period, from $2.2M to $6.3M. Total functional expenses rose by 78.1%, from $4.2M to $7.5M. In its most recent filing year (2023), Honor Ehg Inc reported a deficit of $559K, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $6.3M in assets (debt-to-asset ratio: 62.1%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7.0M | $7.5M | $6.3M | $3.9M | — | — |
| 2022 | $7.5M | $7.8M | $6.4M | $3.5M | — | — |
| 2021 | $7.7M | $6.8M | $4.5M | $1.2M | — | View 990 |
| 2020 | $5.6M | $6.3M | $4.2M | $1.1M | — | View 990 |
| 2019 | $6.4M | $6.4M | $4.3M | $1.2M | — | View 990 |
| 2018 | $6.3M | $6.4M | $4.2M | $1.2M | — | View 990 |
| 2017 | $6.5M | $5.9M | $4.3M | $1.1M | — | — |
| 2016 | $6.2M | $5.7M | $3.8M | $1.2M | — | View 990 |
| 2014 | $5.2M | $5.0M | $2.8M | $1.2M | — | View 990 |
| 2013 | $4.8M | $4.6M | $2.7M | $1.4M | — | View 990 |
| 2012 | $4.8M | $4.7M | $2.4M | $1.2M | — | View 990 |
| 2011 | $4.4M | $4.2M | $2.2M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.0M, expenses of $7.5M, and assets of $6.3M (revenue -6.9% year-over-year).
- 2022: Revenue of $7.5M, expenses of $7.8M, and assets of $6.4M (revenue -2.4% year-over-year).
- 2021: Revenue of $7.7M, expenses of $6.8M, and assets of $4.5M (revenue +37.6% year-over-year).
- 2020: Revenue of $5.6M, expenses of $6.3M, and assets of $4.2M (revenue -13.4% year-over-year).
- 2019: Revenue of $6.4M, expenses of $6.4M, and assets of $4.3M (revenue +1.4% year-over-year).
- 2018: Revenue of $6.3M, expenses of $6.4M, and assets of $4.2M (revenue -1.7% year-over-year).
- 2017: Revenue of $6.5M, expenses of $5.9M, and assets of $4.3M (revenue +4.7% year-over-year).
- 2016: Revenue of $6.2M, expenses of $5.7M, and assets of $3.8M (revenue +17.8% year-over-year).
- 2014: Revenue of $5.2M, expenses of $5.0M, and assets of $2.8M (revenue +9.6% year-over-year).
- 2013: Revenue of $4.8M, expenses of $4.6M, and assets of $2.7M (revenue -0.6% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.7M, and assets of $2.4M (revenue +10.3% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.2M, and assets of $2.2M.
Data Sources and Methodology
This transparency report for Honor Ehg 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.