National Home Service Contract Association
EIN: 770620250 · Olathe, KS · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $585K |
| Total Expenses | $325K |
| Net Assets | $210K |
Is National Home Service Contract Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About National Home Service Contract Association
National Home Service Contract Association (EIN: 770620250) is a nonprofit organization based in Olathe, KS, classified under NTEE code S41. The organization reported total revenue of $585K and total assets of $353K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Home Service Contract Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Home Service Contract Association is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $289K |
| Total Expenses | $325K |
| Surplus / Deficit | $-35,778 |
| Total Assets | $210K |
| Net Assets | $210K |
| Operating Margin | -12.4% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2023, National Home Service Contract Association reported a deficit of $36K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), National Home Service Contract Association's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.2% | -13.7% | -14.6% |
| 2022 | +31.8% | -6.3% | +39.7% |
| 2021 | -20.6% | +17.8% | -26.4% |
| 2020 | -10.0% | -2.0% | +55.8% |
| 2019 | +43.9% | -20.9% | +457.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for National Home Service Contract Association 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 National Home Service Contract Association 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 deficit of $36K, with expenses exceeding revenue.
Frequently Asked Questions about National Home Service Contract Association
Is National Home Service Contract Association a legitimate charity?
Based on AI analysis of IRS 990 filings, National Home Service Contract Association (EIN: 770620250) insufficient data. 0 red flags identified, 0 strengths noted.
How does National Home Service Contract Association spend its money?
Detailed spending breakdown data is not yet available for National Home Service Contract Association. Check back for updated IRS 990 analysis.
Are donations to National Home Service Contract Association tax-deductible?
National Home Service Contract Association is registered as a tax-exempt nonprofit (EIN: 770620250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is National Home Service Contract Association located?
National Home Service Contract Association is headquartered in Olathe, Kansas and files with the IRS under EIN 770620250. It is classified under NTEE code S41.
How many years of IRS 990 filings does National Home Service Contract Association have?
National Home Service Contract Association has 14 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 $585K in total revenue.
Filing History
IRS 990 filing history for National Home Service Contract Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), National Home Service Contract Association's revenue has declined by 27%, moving from $396K to $289K. Total assets decreased by 21.6% over the same period, from $267K to $210K. Total functional expenses rose by 33.9%, from $242K to $325K. In its most recent filing year (2023), National Home Service Contract Association reported a deficit of $36K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $289K | $325K | $210K | $0 | — | — |
| 2022 | $446K | $376K | $245K | $0 | — | View 990 |
| 2021 | $338K | $401K | $176K | $0 | — | View 990 |
| 2020 | $426K | $341K | $239K | $0 | — | — |
| 2019 | $473K | $348K | $153K | $0 | — | View 990 |
| 2018 | $329K | $439K | $27K | $0 | — | View 990 |
| 2017 | $253K | $286K | $134K | $0 | — | View 990 |
| 2016 | $350K | $362K | $167K | $0 | — | View 990 |
| 2015 | $409K | $366K | $183K | $0 | — | View 990 |
| 2014 | $351K | $339K | $140K | $0 | — | View 990 |
| 2013 | $309K | $395K | $128K | $0 | — | View 990 |
| 2012 | $331K | $369K | $215K | $0 | — | View 990 |
| 2011 | $349K | $364K | $252K | $0 | — | View 990 |
| 2010 | $396K | $242K | $267K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $289K, expenses of $325K, and assets of $210K (revenue -35.2% year-over-year).
- 2022: Revenue of $446K, expenses of $376K, and assets of $245K (revenue +31.8% year-over-year).
- 2021: Revenue of $338K, expenses of $401K, and assets of $176K (revenue -20.6% year-over-year).
- 2020: Revenue of $426K, expenses of $341K, and assets of $239K (revenue -10.0% year-over-year).
- 2019: Revenue of $473K, expenses of $348K, and assets of $153K (revenue +43.9% year-over-year).
- 2018: Revenue of $329K, expenses of $439K, and assets of $27K (revenue +30.1% year-over-year).
- 2017: Revenue of $253K, expenses of $286K, and assets of $134K (revenue -27.8% year-over-year).
- 2016: Revenue of $350K, expenses of $362K, and assets of $167K (revenue -14.4% year-over-year).
- 2015: Revenue of $409K, expenses of $366K, and assets of $183K (revenue +16.8% year-over-year).
- 2014: Revenue of $351K, expenses of $339K, and assets of $140K (revenue +13.3% year-over-year).
- 2013: Revenue of $309K, expenses of $395K, and assets of $128K (revenue -6.5% year-over-year).
- 2012: Revenue of $331K, expenses of $369K, and assets of $215K (revenue -5.2% year-over-year).
- 2011: Revenue of $349K, expenses of $364K, and assets of $252K (revenue -11.8% year-over-year).
- 2010: Revenue of $396K, expenses of $242K, and assets of $267K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Home Service Contract Association:
Data Sources and Methodology
This transparency report for National Home Service Contract Association 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.