Making It Possible To End Homelessness Inc
Making It Possible To End Homelessness Inc: Declining Revenue and Significant Liabilities
EIN: 222931870 · Edison, NJ · NTEE: L41Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.0M |
| Program Spending | 70% |
| Net Assets | $1.5M |
| Transparency Score | 65/100 |
Is Making It Possible To End Homelessness Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Making It Possible To End Homelessness Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Making It Possible To End Homelessness Inc
Making It Possible To End Homelessness Inc (EIN: 222931870) is a nonprofit organization based in Edison, NJ, classified under NTEE code L41Z. The organization reported total revenue of $2.1M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Making It Possible To End Homelessness Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Making It Possible To End Homelessness Inc is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-8,451 |
| Total Assets | $6.3M |
| Total Liabilities | $4.9M |
| Net Assets | $1.5M |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 76.7% |
| Months of Reserves | 74.7 months |
Financial Health Grade: C
In 2023, Making It Possible To End Homelessness Inc reported a deficit of $8K with expenses exceeding revenue, holds 74.7 months of operating reserves (strong position), has a debt-to-asset ratio of 76.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Making It Possible To End Homelessness Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.4% | +3.0% | -14.7% |
| 2022 | +172.9% | +2.2% | +14.2% |
| 2021 | -2.8% | +11.3% | +22.2% |
| 2020 | +16.5% | +10.9% | +0.4% |
| 2019 | +167.7% | +25.5% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Making It Possible To End Homelessness Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Making It Possible To End Homelessness Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 76.7%.
Executive Compensation Analysis
The filings consistently report 'c0%' for compensation, which requires further investigation to understand how executive or staff compensation is managed and reported, given the organization's scale.
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 Making It Possible To End Homelessness Inc's IRS 990 filings:
- Significant drop in revenue from $2,109,230 in 2022 to $1,008,165 in 2023.
- High liabilities relative to assets ($4,851,914 liabilities vs. $6,325,350 assets in 2023).
- Consistent 'c0%' compensation reported across all years, which is unusual for an organization of this size and could indicate a lack of transparency in compensation reporting.
Strengths
The following positive indicators were identified for Making It Possible To End Homelessness Inc:
- Maintained substantial assets over several years, indicating some financial stability despite revenue fluctuations.
- Long operational history dating back to at least 2016, suggesting established presence in the community.
Frequently Asked Questions about Making It Possible To End Homelessness Inc
Is Making It Possible To End Homelessness Inc a legitimate charity?
Making It Possible To End Homelessness Inc (EIN: 222931870) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Making It Possible To End Homelessness Inc spend its money?
Making It Possible To End Homelessness Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Making It Possible To End Homelessness Inc tax-deductible?
Making It Possible To End Homelessness Inc is registered as a tax-exempt nonprofit (EIN: 222931870). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Making It Possible To End Homelessness Inc's spending goes to programs?
Making It Possible To End Homelessness Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Making It Possible To End Homelessness Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Making It Possible To End Homelessness Inc is above average for NTEE category L41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Making It Possible To End Homelessness Inc located?
Making It Possible To End Homelessness Inc is headquartered in Edison, New Jersey and files with the IRS under EIN 222931870. It is classified under NTEE code L41Z.
How many years of IRS 990 filings does Making It Possible To End Homelessness Inc have?
Making It Possible To End Homelessness 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 $2.1M in total revenue.
What does Making It Possible To End Homelessness Inc do?
Making It Possible To End Homelessness Inc is a nonprofit organization in the Housing & Shelter sector, located in Edison, New Jersey. It is classified under NTEE code L41Z.
How much revenue does Making It Possible To End Homelessness Inc have?
Making It Possible To End Homelessness Inc reported total revenue of $2,109,230. Based on 13 IRS 990 filings on record.
What are Making It Possible To End Homelessness Inc's total assets?
Making It Possible To End Homelessness Inc holds total assets of $6,195,915 as reported in IRS 990 filings.
Where is Making It Possible To End Homelessness Inc located?
Making It Possible To End Homelessness Inc is based in Edison, New Jersey.
What is Making It Possible To End Homelessness Inc's EIN?
Making It Possible To End Homelessness Inc's Employer Identification Number (EIN) is 222931870. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Making It Possible To End Homelessness Inc?
Making It Possible To End Homelessness Inc is classified under NTEE code L41Z (Housing & Shelter).
Is Making It Possible To End Homelessness Inc a registered 501(c)(3)?
Yes, Making It Possible To End Homelessness Inc is recognized as a tax-exempt organization by the IRS. EIN: 222931870.
Does Making It Possible To End Homelessness Inc file IRS Form 990?
Yes, Making It Possible To End Homelessness Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Making It Possible To End Homelessness Inc's revenue in 2023?
In the 202306 filing period, Making It Possible To End Homelessness Inc reported total revenue of $1,008,165, total expenses of $1,016,616, and net assets of $6,325,350.
Is Making It Possible To End Homelessness Inc's revenue growing or declining?
Making It Possible To End Homelessness Inc's revenue is declining. Revenue went from $1,915,279 (202206) to $1,008,165 (202306), a -47.4% change. Based on 13 filings on record.
What is Making It Possible To End Homelessness Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Making It Possible To End Homelessness Inc covers tax period 202306. It shows revenue of $1,008,165, expenses of $1,016,616, total assets of $6,325,350, and liabilities of $4,851,914.
How much does Making It Possible To End Homelessness Inc spend on programs vs administration?
Based on IRS 990 analysis, Making It Possible To End Homelessness Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Making It Possible To End Homelessness Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Making It Possible To End Homelessness Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Making It Possible To End Homelessness Inc?
The following concerns were identified: Significant drop in revenue from $2,109,230 in 2022 to $1,008,165 in 2023.. High liabilities relative to assets ($4,851,914 liabilities vs. $6,325,350 assets in 2023).. Consistent 'c0%' compensation reported across all years, which is unusual for an organization of this size and could indicate a lack of transparency in compensation reporting.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Making It Possible To End Homelessness Inc's strengths?
Positive indicators for Making It Possible To End Homelessness Inc include: Maintained substantial assets over several years, indicating some financial stability despite revenue fluctuations.. Long operational history dating back to at least 2016, suggesting established presence in the community.. These findings are derived from AI analysis of the organization's financial filings.
How does Making It Possible To End Homelessness Inc compensate executives?
The filings consistently report 'c0%' for compensation, which requires further investigation to understand how executive or staff compensation is managed and reported, given the organization's scale. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' compensation reported, how does the organization manage its operational staffing and executive leadership, and what are the actual costs associated with these functions?
The consistent 'c0%' for compensation in the provided data suggests that either the organization is entirely volunteer-run, or compensation is being reported under a different category (e.g., 'other expenses') or through a separate entity not reflected in these specific line items. This warrants a deeper dive into their full IRS Form 990 filings to understand the true cost of personnel.
What factors contributed to the sharp decline in revenue from $2,109,230 in 2022 to $1,008,165 in 2023, and what strategies are in place to reverse this trend?
The data alone does not specify the reasons for the revenue drop. It could be due to a decrease in grants, individual donations, or specific fundraising events. Understanding the cause is crucial for assessing the organization's future financial health and sustainability. Further inquiry into their fundraising reports or annual statements would be necessary.
Filing History
IRS 990 filing history for Making It Possible To End Homelessness Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Making It Possible To End Homelessness Inc's revenue has declined by 39.9%, moving from $1.7M to $1.0M. Total assets increased by 94.9% over the same period, from $3.2M to $6.3M. Total functional expenses fell by 45.4%, from $1.9M to $1.0M. In its most recent filing year (2023), Making It Possible To End Homelessness Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $4.9M in liabilities against $6.3M in assets (debt-to-asset ratio: 76.7%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.0M | $6.3M | $4.9M | — | — |
| 2022 | $1.9M | $987K | $7.4M | $5.9M | — | View 990 |
| 2021 | $702K | $965K | $6.5M | $5.9M | — | View 990 |
| 2020 | $722K | $867K | $5.3M | $4.5M | — | View 990 |
| 2019 | $620K | $782K | $5.3M | $4.3M | — | View 990 |
| 2018 | $232K | $623K | $5.2M | $4.1M | — | View 990 |
| 2017 | $7K | $304K | $4.8M | $3.5M | — | View 990 |
| 2016 | $728K | $1.1M | $2.1M | $3.0M | — | View 990 |
| 2015 | $1.2M | $1.4M | $2.5M | $2.9M | — | View 990 |
| 2014 | $1.2M | $1.3M | $2.7M | $2.9M | — | View 990 |
| 2013 | $1.3M | $1.3M | $2.9M | $3.1M | — | View 990 |
| 2012 | $1.1M | $1.4M | $2.9M | $3.3M | — | View 990 |
| 2011 | $1.7M | $1.9M | $3.2M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.0M, and assets of $6.3M (revenue -47.4% year-over-year).
- 2022: Revenue of $1.9M, expenses of $987K, and assets of $7.4M (revenue +172.9% year-over-year).
- 2021: Revenue of $702K, expenses of $965K, and assets of $6.5M (revenue -2.8% year-over-year).
- 2020: Revenue of $722K, expenses of $867K, and assets of $5.3M (revenue +16.5% year-over-year).
- 2019: Revenue of $620K, expenses of $782K, and assets of $5.3M (revenue +167.7% year-over-year).
- 2018: Revenue of $232K, expenses of $623K, and assets of $5.2M (revenue +3254.6% year-over-year).
- 2017: Revenue of $7K, expenses of $304K, and assets of $4.8M (revenue -99.1% year-over-year).
- 2016: Revenue of $728K, expenses of $1.1M, and assets of $2.1M (revenue -38.6% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.4M, and assets of $2.5M (revenue -3.4% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $2.7M (revenue -7.3% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $2.9M (revenue +19.4% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.4M, and assets of $2.9M (revenue -33.8% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.9M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Making It Possible To End Homelessness Inc:
Data Sources and Methodology
This transparency report for Making It Possible To End Homelessness 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.