National Institute For Hometown Security Inc
National Institute For Hometown Security Inc. faces severe financial decline with expenses consistently far exceeding dwindling revenues.
EIN: 201869365 · Somerset, KY · NTEE: M99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $768K |
| Program Spending | 70% |
| Net Assets | $2.8M |
| Transparency Score | 35/100 |
Is National Institute For Hometown Security Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Institute For Hometown Security Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About National Institute For Hometown Security Inc
National Institute For Hometown Security Inc (EIN: 201869365) is a nonprofit organization based in Somerset, KY, classified under NTEE code M99. The organization reported total revenue of $174K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Institute For Hometown Security Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Institute For Hometown Security Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -35.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $768K |
| Surplus / Deficit | $-679,807 |
| Total Assets | $2.8M |
| Total Liabilities | $50K |
| Net Assets | $2.8M |
| Operating Margin | -769.9% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 43.9 months |
Financial Health Grade: B
In 2023, National Institute For Hometown Security Inc reported a deficit of $680K with expenses exceeding revenue, holds 43.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), National Institute For Hometown Security Inc's revenue has declined at a compound annual growth rate (CAGR) of -35.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +502.1% | -5.5% | -19.3% |
| 2022 | -38.2% | -15.7% | -19.0% |
| 2021 | -99.3% | -67.5% | -18.1% |
| 2020 | -76.2% | -75.5% | -39.1% |
| 2019 | +122.4% | +100.5% | -57.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 National Institute For Hometown Security Inc with a Mission Score of 35 out of 100 (Poor). 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, National Institute For Hometown Security 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 $680K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is unusual for an organization that previously managed multi-million dollar revenues and expenses.
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 National Institute For Hometown Security Inc's IRS 990 filings:
- Significant and consistent operating deficits (e.g., $768,102 expenses vs. $88,295 revenue in 2023).
- Drastic decline in revenue from $13,935,209 in 2019 to $88,295 in 2023.
- Steady depletion of assets from $20,345,829 in 2018 to $2,811,346 in 2023.
- High expenses relative to current revenue, indicating potential unsustainability.
Strengths
The following positive indicators were identified for National Institute For Hometown Security Inc:
- Consistent reporting of 0% officer compensation, indicating transparency in executive pay.
Frequently Asked Questions about National Institute For Hometown Security Inc
Is National Institute For Hometown Security Inc a legitimate charity?
National Institute For Hometown Security Inc (EIN: 201869365) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 35/100. It has 14 years of IRS 990 filings on record. Total revenue: $174K. 4 red flags identified. 1 strength noted. Financial health grade: B.
How does National Institute For Hometown Security Inc spend its money?
National Institute For Hometown Security Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to National Institute For Hometown Security Inc tax-deductible?
National Institute For Hometown Security Inc is registered as a tax-exempt nonprofit (EIN: 201869365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Institute For Hometown Security Inc's spending goes to programs?
National Institute For Hometown Security Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does National Institute For Hometown Security Inc compare to similar nonprofits?
With a transparency score of 35/100 (Poor), National Institute For Hometown Security Inc is below average for NTEE category M99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Institute For Hometown Security Inc located?
National Institute For Hometown Security Inc is headquartered in Somerset, Kentucky and files with the IRS under EIN 201869365. It is classified under NTEE code M99.
How many years of IRS 990 filings does National Institute For Hometown Security Inc have?
National Institute For Hometown Security Inc 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 $174K in total revenue.
Is National Institute For Hometown Security Inc. financially sustainable?
Based on recent filings, the organization is not financially sustainable, with expenses of $768,102 in 2023 significantly outweighing revenues of $88,295, a trend observed since 2021.
What caused the drastic decline in revenue since 2019?
The filings show a sharp drop from $13,935,209 in revenue in 2019 to $88,295 in 2023, but the specific reasons for this decline are not detailed in the provided data.
How is the organization funding its operations with such large deficits?
With expenses consistently exceeding revenue (e.g., $768,102 expenses vs. $88,295 revenue in 2023), the organization appears to be drawing down its assets, which have declined from $20,345,829 in 2018 to $2,811,346 in 2023.
Filing History
IRS 990 filing history for National Institute For Hometown Security Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), National Institute For Hometown Security Inc's revenue has declined by 99.5%, moving from $16.2M to $88K. Total assets decreased by 85.8% over the same period, from $19.8M to $2.8M. Total functional expenses fell by 95%, from $15.3M to $768K. In its most recent filing year (2023), National Institute For Hometown Security Inc reported a deficit of $680K, with expenses exceeding revenue. The organization holds $50K in liabilities against $2.8M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $768K | $2.8M | $50K | — | View 990 |
| 2022 | $15K | $813K | $3.5M | $42K | — | View 990 |
| 2021 | $24K | $964K | $4.3M | $60K | — | — |
| 2020 | $3.3M | $3.0M | $5.3M | $72K | — | View 990 |
| 2019 | $13.9M | $12.1M | $8.6M | $3.3M | — | View 990 |
| 2018 | $6.3M | $6.1M | $20.3M | $16.8M | — | View 990 |
| 2017 | $1.7M | $1.7M | $11.7M | $8.3M | — | — |
| 2017 | $3.7M | $4.4M | $7.8M | $4.5M | — | View 990 |
| 2016 | $3.5M | $4.1M | $8.5M | $4.5M | — | View 990 |
| 2015 | $4.3M | $4.3M | $7.4M | $2.8M | — | View 990 |
| 2014 | $5.4M | $5.1M | $6.4M | $1.8M | — | View 990 |
| 2013 | $12.0M | $11.2M | $9.3M | $5.0M | — | View 990 |
| 2012 | $12.2M | $11.7M | $12.0M | $8.6M | — | View 990 |
| 2011 | $16.2M | $15.3M | $19.8M | $16.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $768K, and assets of $2.8M (revenue +502.1% year-over-year).
- 2022: Revenue of $15K, expenses of $813K, and assets of $3.5M (revenue -38.2% year-over-year).
- 2021: Revenue of $24K, expenses of $964K, and assets of $4.3M (revenue -99.3% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.0M, and assets of $5.3M (revenue -76.2% year-over-year).
- 2019: Revenue of $13.9M, expenses of $12.1M, and assets of $8.6M (revenue +122.4% year-over-year).
- 2018: Revenue of $6.3M, expenses of $6.1M, and assets of $20.3M (revenue +268.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $11.7M (revenue -53.8% year-over-year).
- 2017: Revenue of $3.7M, expenses of $4.4M, and assets of $7.8M (revenue +6.5% year-over-year).
- 2016: Revenue of $3.5M, expenses of $4.1M, and assets of $8.5M (revenue -20.3% year-over-year).
- 2015: Revenue of $4.3M, expenses of $4.3M, and assets of $7.4M (revenue -19.5% year-over-year).
- 2014: Revenue of $5.4M, expenses of $5.1M, and assets of $6.4M (revenue -55.2% year-over-year).
- 2013: Revenue of $12.0M, expenses of $11.2M, and assets of $9.3M (revenue -1.6% year-over-year).
- 2012: Revenue of $12.2M, expenses of $11.7M, and assets of $12.0M (revenue -24.8% year-over-year).
- 2011: Revenue of $16.2M, expenses of $15.3M, and assets of $19.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Institute For Hometown Security Inc:
Data Sources and Methodology
This transparency report for National Institute For Hometown Security 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.