Hospice Homes Of Genesee And Lapeer Counties
EIN: 832303071 · Burton, MI · NTEE: P70
| Metric | Value |
|---|---|
| Total Revenue | $253K |
| Total Expenses | $90K |
| Net Assets | $222K |
Is Hospice Homes Of Genesee And Lapeer Counties Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hospice Homes Of Genesee And Lapeer Counties
Hospice Homes Of Genesee And Lapeer Counties (EIN: 832303071) is a nonprofit organization based in Burton, MI, classified under NTEE code P70. The organization reported total revenue of $253K and total assets of $480K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospice Homes Of Genesee And Lapeer Counties's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hospice Homes Of Genesee And Lapeer Counties is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 36.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $145K |
| Total Expenses | $90K |
| Surplus / Deficit | +$54K |
| Total Assets | $371K |
| Total Liabilities | $149K |
| Net Assets | $222K |
| Operating Margin | 37.5% |
| Debt-to-Asset Ratio | 40.2% |
| Months of Reserves | 49.2 months |
Financial Health Grade: A
In 2023, Hospice Homes Of Genesee And Lapeer Counties reported a surplus of $54K with revenue exceeding expenses, holds 49.2 months of operating reserves (strong position), has a debt-to-asset ratio of 40.2% (moderate leverage).
Financial Trends
Over 2 years of filings (2021–2023), Hospice Homes Of Genesee And Lapeer Counties's revenue has grown at a compound annual growth rate (CAGR) of 36.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +85.9% | +95051.6% | +349.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hospice Homes Of Genesee And Lapeer Counties 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 Hospice Homes Of Genesee And Lapeer Counties 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 surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.2%.
Frequently Asked Questions about Hospice Homes Of Genesee And Lapeer Counties
Is Hospice Homes Of Genesee And Lapeer Counties a legitimate charity?
Based on AI analysis of IRS 990 filings, Hospice Homes Of Genesee And Lapeer Counties (EIN: 832303071) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hospice Homes Of Genesee And Lapeer Counties spend its money?
Detailed spending breakdown data is not yet available for Hospice Homes Of Genesee And Lapeer Counties. Check back for updated IRS 990 analysis.
Are donations to Hospice Homes Of Genesee And Lapeer Counties tax-deductible?
Hospice Homes Of Genesee And Lapeer Counties is registered as a tax-exempt nonprofit (EIN: 832303071). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hospice Homes Of Genesee And Lapeer Counties located?
Hospice Homes Of Genesee And Lapeer Counties is headquartered in Burton, Michigan and files with the IRS under EIN 832303071. It is classified under NTEE code P70.
How many years of IRS 990 filings does Hospice Homes Of Genesee And Lapeer Counties have?
Hospice Homes Of Genesee And Lapeer Counties has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $253K in total revenue.
Filing History
IRS 990 filing history for Hospice Homes Of Genesee And Lapeer Counties showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2023), Hospice Homes Of Genesee And Lapeer Counties's revenue has grown by 85.9%, moving from $78K to $145K. Total assets increased by 349.3% over the same period, from $82K to $371K. Total functional expenses rose by 95051.6%, from $95 to $90K. In its most recent filing year (2023), Hospice Homes Of Genesee And Lapeer Counties reported a surplus of $54K, with revenue exceeding expenses. The organization holds $149K in liabilities against $371K in assets (debt-to-asset ratio: 40.2%), resulting in net assets of $222K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $90K | $371K | $149K | — | View 990 |
| 2021 | $78K | $95 | $82K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hospice Homes Of Genesee And Lapeer Counties:
Data Sources and Methodology
This transparency report for Hospice Homes Of Genesee And Lapeer Counties 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.