Journey Home Inc
Journey Home Inc. experiences significant revenue and asset growth with zero reported officer compensation.
EIN: 205605975 · Murfreesboro, TN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4.8 |
| Net Assets | $5.8M |
| Transparency Score | 95/100 |
Is Journey Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Journey Home Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Journey Home Inc
Journey Home Inc (EIN: 205605975) is a nonprofit organization based in Murfreesboro, TN. The organization reported total revenue of $3.7M and total assets of $7.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Journey Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Journey Home Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$3.2M |
| Total Assets | $5.9M |
| Total Liabilities | $149K |
| Net Assets | $5.8M |
| Operating Margin | 65.7% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 43.2 months |
Financial Health Grade: A
In 2023, Journey Home Inc reported a surplus of $3.2M with revenue exceeding expenses, holds 43.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Journey Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.1% | -3.7% | +111.0% |
| 2022 | +26.4% | +7.1% | +48.6% |
| 2021 | +50.4% | +46.0% | -4.0% |
| 2020 | +30.0% | +6.9% | +99.4% |
| 2019 | -8.9% | +7.1% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Journey Home Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Journey Home Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Journey Home Inc. consistently reports 0% officer compensation across all provided filing periods, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size with $4.8 million in revenue.
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 Journey Home Inc's IRS 990 filings:
- NTEE Code Unknown (limits detailed programmatic comparison)
- Rapid asset accumulation without clear explanation of future use (could indicate under-spending on current programs relative to available funds)
Strengths
The following positive indicators were identified for Journey Home Inc:
- Strong revenue growth (from $1,062,970 in 2019 to $4,806,509 in 2023)
- Significant asset growth (from $987,618 in 2019 to $5,928,285 in 2023)
- Consistent 0% officer compensation reported
- Positive net income trend (revenue consistently exceeding expenses in recent years)
Frequently Asked Questions about Journey Home Inc
Is Journey Home Inc a legitimate charity?
Journey Home Inc (EIN: 205605975) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Journey Home Inc spend its money?
Journey Home Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Journey Home Inc tax-deductible?
Journey Home Inc is registered as a tax-exempt nonprofit (EIN: 205605975). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Journey Home Inc CEO make?
Journey Home Inc's highest-compensated officer earns $4.8 annually. The organization reported $3.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Journey Home Inc's spending goes to programs?
Journey Home Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Journey Home Inc located?
Journey Home Inc is headquartered in Murfreesboro, Tennessee and files with the IRS under EIN 205605975.
How many years of IRS 990 filings does Journey Home Inc have?
Journey Home Inc 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 $3.7M in total revenue.
How does Journey Home Inc. manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation, which could mean that executive leadership is entirely volunteer-based, compensated through a related entity not captured in this specific line item, or that the organization's structure allows for non-compensated leadership roles. This is a significant positive for resource allocation directly to mission.
What is the primary driver of Journey Home Inc.'s substantial revenue growth?
The data shows a rapid increase in revenue from $1,062,970 in 2019 to $4,806,509 in 2023. This growth could be attributed to successful grant applications, increased individual donations, or expansion of services leading to more funding opportunities. Further investigation into their funding sources would be beneficial.
What is the organization's strategy for managing its growing assets?
Assets have grown from $987,618 in 2019 to $5,928,285 in 2023. This significant increase suggests a strategy of building reserves, investing in property or equipment, or holding funds for future large-scale projects. Understanding the allocation of these assets would provide insight into their long-term financial planning.
Filing History
IRS 990 filing history for Journey Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Journey Home Inc's revenue has grown by 592.9%, moving from $694K to $4.8M. Total assets increased by 1110.5% over the same period, from $490K to $5.9M. Total functional expenses rose by 181.1%, from $586K to $1.6M. In its most recent filing year (2023), Journey Home Inc reported a surplus of $3.2M, with revenue exceeding expenses. The organization holds $149K in liabilities against $5.9M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $1.6M | $5.9M | $149K | — | View 990 |
| 2022 | $2.6M | $1.7M | $2.8M | $191K | — | View 990 |
| 2021 | $2.1M | $1.6M | $1.9M | $190K | — | View 990 |
| 2020 | $1.4M | $1.1M | $2.0M | $749K | — | — |
| 2019 | $1.1M | $1.0M | $988K | $105K | — | View 990 |
| 2018 | $1.2M | $956K | $952K | $108K | — | View 990 |
| 2017 | $919K | $893K | $686K | $53K | — | View 990 |
| 2016 | $732K | $809K | $665K | $57K | — | View 990 |
| 2015 | $833K | $807K | $728K | $44K | — | View 990 |
| 2014 | $989K | $776K | $697K | $38K | — | View 990 |
| 2013 | $748K | $725K | $476K | $31K | — | View 990 |
| 2012 | $731K | $717K | $525K | $36K | — | View 990 |
| 2011 | $694K | $586K | $490K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $1.6M, and assets of $5.9M (revenue +83.1% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.7M, and assets of $2.8M (revenue +26.4% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.6M, and assets of $1.9M (revenue +50.4% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.1M, and assets of $2.0M (revenue +30.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $988K (revenue -8.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $956K, and assets of $952K (revenue +27.0% year-over-year).
- 2017: Revenue of $919K, expenses of $893K, and assets of $686K (revenue +25.4% year-over-year).
- 2016: Revenue of $732K, expenses of $809K, and assets of $665K (revenue -12.1% year-over-year).
- 2015: Revenue of $833K, expenses of $807K, and assets of $728K (revenue -15.8% year-over-year).
- 2014: Revenue of $989K, expenses of $776K, and assets of $697K (revenue +32.3% year-over-year).
- 2013: Revenue of $748K, expenses of $725K, and assets of $476K (revenue +2.2% year-over-year).
- 2012: Revenue of $731K, expenses of $717K, and assets of $525K (revenue +5.4% year-over-year).
- 2011: Revenue of $694K, expenses of $586K, and assets of $490K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Journey Home Inc:
Data Sources and Methodology
This transparency report for Journey Home 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.