Miss Laura M Raymond Homes Inc
Miss Laura M Raymond Homes Inc: Stable Finances, High Program Spending
EIN: 222474723 · North Haven, CT · NTEE: L220 · Updated: 2026-04-04
Is Miss Laura M Raymond Homes Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Miss Laura M Raymond Homes Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Miss Laura M Raymond Homes Inc
Miss Laura M Raymond Homes Inc (EIN: 222474723) is a nonprofit organization based in North Haven, CT, classified under NTEE code L220. The organization reported total revenue of $1.4M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miss Laura M Raymond Homes 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 Miss Laura M Raymond Homes Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Miss Laura M Raymond Homes 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
Executive compensation details are not provided in the given data, preventing an assessment.
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.
Strengths
The following positive indicators were identified for Miss Laura M Raymond Homes Inc:
- Consistent revenue generation, with annual revenues around $1.1 million over the past five years.
- Healthy asset base, consistently above $2.9 million, providing financial stability.
- Low liabilities relative to assets, indicating strong financial health and minimal debt burden.
Frequently Asked Questions about Miss Laura M Raymond Homes Inc
Is Miss Laura M Raymond Homes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Miss Laura M Raymond Homes Inc (EIN: 222474723) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Miss Laura M Raymond Homes Inc spend its money?
Miss Laura M Raymond Homes Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Miss Laura M Raymond Homes Inc tax-deductible?
Miss Laura M Raymond Homes Inc is registered as a tax-exempt nonprofit (EIN: 222474723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Miss Laura M Raymond Homes Inc do?
Miss Laura M Raymond Homes Inc is a nonprofit organization in the Housing & Shelter sector, located in North Haven, Connecticut. It is classified under NTEE code L220.
How much revenue does Miss Laura M Raymond Homes Inc have?
Miss Laura M Raymond Homes Inc reported total revenue of $1,358,969. Based on 13 IRS 990 filings on record.
What are Miss Laura M Raymond Homes Inc's total assets?
Miss Laura M Raymond Homes Inc holds total assets of $3,020,442 as reported in IRS 990 filings.
Where is Miss Laura M Raymond Homes Inc located?
Miss Laura M Raymond Homes Inc is based in North Haven, Connecticut.
What is Miss Laura M Raymond Homes Inc's EIN?
Miss Laura M Raymond Homes Inc's Employer Identification Number (EIN) is 222474723. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Miss Laura M Raymond Homes Inc?
Miss Laura M Raymond Homes Inc is classified under NTEE code L220 (Housing & Shelter).
Is Miss Laura M Raymond Homes Inc a registered 501(c)(3)?
Yes, Miss Laura M Raymond Homes Inc is recognized as a tax-exempt organization by the IRS. EIN: 222474723.
Does Miss Laura M Raymond Homes Inc file IRS Form 990?
Yes, Miss Laura M Raymond Homes Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Miss Laura M Raymond Homes Inc's revenue in 2024?
In the 202406 filing period, Miss Laura M Raymond Homes Inc reported total revenue of $1,135,990, total expenses of $1,091,649, and net assets of $2,937,493.
Is Miss Laura M Raymond Homes Inc's revenue growing or declining?
Miss Laura M Raymond Homes Inc's revenue is relatively stable. Revenue went from $1,091,385 (202306) to $1,135,990 (202406), a +4.1% change. Based on 13 filings on record.
What is Miss Laura M Raymond Homes Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Miss Laura M Raymond Homes Inc covers tax period 202406. It shows revenue of $1,135,990, expenses of $1,091,649, total assets of $2,937,493, and liabilities of $1,940,540.
How much does Miss Laura M Raymond Homes Inc spend on programs vs administration?
Based on IRS 990 analysis, Miss Laura M Raymond Homes Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Miss Laura M Raymond Homes Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Miss Laura M Raymond Homes Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Miss Laura M Raymond Homes Inc's strengths?
Positive indicators for Miss Laura M Raymond Homes Inc include: Consistent revenue generation, with annual revenues around $1.1 million over the past five years.. Healthy asset base, consistently above $2.9 million, providing financial stability.. Low liabilities relative to assets, indicating strong financial health and minimal debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Miss Laura M Raymond Homes Inc compensate executives?
Executive compensation details are not provided in the given data, preventing an assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to maintain a stable revenue stream despite potential economic fluctuations?
The organization has demonstrated remarkable consistency in its revenue, hovering around $1.1 million annually. This stability suggests a reliable funding model, potentially through consistent grants, endowments, or a steady base of recurring donations, rather than being heavily reliant on volatile income sources.
What is the significance of the 'c0%' value in the financial data?
The 'c0%' likely indicates that the organization has no unrelated business income tax (UBIT) liability, suggesting that its operations are entirely aligned with its tax-exempt purpose and do not generate significant income from activities unrelated to its mission.
Filing History
IRS 990 filing history for Miss Laura M Raymond Homes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Miss Laura M Raymond Homes Inc's revenue has grown by 40.9%, moving from $806K to $1.1M. Total assets increased by 7.4% over the same period, from $2.7M to $2.9M. Total functional expenses rose by 52.3%, from $717K to $1.1M. In its most recent filing year (2024), Miss Laura M Raymond Homes Inc reported a surplus of $44K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $2.9M in assets (debt-to-asset ratio: 66.1%), resulting in net assets of $997K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $1.1M | $2.9M | $1.9M | — | View 990 |
| 2023 | $1.1M | $1.2M | $2.9M | $2.0M | — | — |
| 2022 | $1.1M | $1.1M | $3.1M | $2.1M | — | View 990 |
| 2021 | $1.1M | $994K | $3.1M | $2.1M | — | View 990 |
| 2020 | $1.1M | $870K | $3.0M | $2.1M | — | View 990 |
| 2019 | $1.1M | $860K | $2.9M | $2.3M | — | View 990 |
| 2018 | $879K | $831K | $2.7M | $2.3M | — | View 990 |
| 2017 | $875K | $840K | $2.7M | $2.3M | — | View 990 |
| 2016 | $837K | $781K | $2.9M | $2.6M | — | View 990 |
| 2015 | $826K | $767K | $2.8M | $2.6M | — | View 990 |
| 2014 | $875K | $787K | $2.9M | $2.7M | — | View 990 |
| 2013 | $807K | $770K | $2.8M | $2.7M | — | View 990 |
| 2012 | $806K | $717K | $2.7M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.1M, expenses of $1.1M, and assets of $2.9M (revenue +4.1% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $2.9M (revenue -1.3% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $3.1M (revenue -2.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $994K, and assets of $3.1M (revenue +2.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $870K, and assets of $3.0M (revenue +2.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $860K, and assets of $2.9M (revenue +22.3% year-over-year).
- 2018: Revenue of $879K, expenses of $831K, and assets of $2.7M (revenue +0.4% year-over-year).
- 2017: Revenue of $875K, expenses of $840K, and assets of $2.7M (revenue +4.5% year-over-year).
- 2016: Revenue of $837K, expenses of $781K, and assets of $2.9M (revenue +1.4% year-over-year).
- 2015: Revenue of $826K, expenses of $767K, and assets of $2.8M (revenue -5.5% year-over-year).
- 2014: Revenue of $875K, expenses of $787K, and assets of $2.9M (revenue +8.3% year-over-year).
- 2013: Revenue of $807K, expenses of $770K, and assets of $2.8M (revenue +0.1% year-over-year).
- 2012: Revenue of $806K, expenses of $717K, and assets of $2.7M.
Data Sources and Methodology
This transparency report for Miss Laura M Raymond Homes 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.