Operation Finally Home

Operation Finally Home consistently generates over $7M in annual revenue with no reported officer compensation.

EIN: 208964096 · New Braunfels, TX · NTEE: L20 · Updated: 2026-03-28

$11.8MRevenue

$11.2MAssets

92/100Mission Score (Excellent)

L20

About Operation Finally Home

Operation Finally Home (EIN: 208964096) is a nonprofit organization based in New Braunfels, TX, classified under NTEE code L20. The organization reported total revenue of $11.8M and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Operation Finally Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Operation Finally Home demonstrates a generally healthy financial profile with consistent revenue generation over the past decade, averaging over $7 million annually. The organization's spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings, suggesting a volunteer-led or highly efficient executive structure. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall expense management seems prudent, with expenses generally tracking below or near revenue, indicating sustainable operations. The organization's assets have shown steady growth, reaching $6,250,428 in the latest filing, which provides a solid financial foundation. The absence of reported officer compensation is a significant positive indicator for transparency and donor confidence, as it implies that a substantial portion of contributions directly supports the mission rather than executive salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Operation Finally Home with a Mission Score of 92 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Operation Finally Home allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is highly favorable for a nonprofit of its size with over $7 million in annual 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 Operation Finally Home's IRS 990 filings:

No specific breakdown of program, administrative, and fundraising expenses provided in the raw data, requiring estimation for detailed analysis.

Strengths

The following positive indicators were identified for Operation Finally Home:

Consistent strong revenue generation, averaging over $7 million annually.
0% reported officer compensation across all available filings, indicating high efficiency and dedication.
Healthy asset growth, demonstrating financial stability and capacity.
Expenses generally managed well relative to revenue, indicating sustainable operations.

Frequently Asked Questions about Operation Finally Home

Is Operation Finally Home a good charity?

Based on the provided financial data, Operation Finally Home appears to be a very good charity. It consistently raises substantial funds, manages expenses effectively, and notably reports 0% officer compensation, suggesting a strong commitment to its mission.

How has Operation Finally Home's revenue trended over time?

Operation Finally Home's revenue has shown consistent strength, fluctuating but generally staying above $6 million, with several years exceeding $8 million, and a latest reported revenue of $7,323,776 in 2023.

What is the organization's asset growth like?

The organization's assets have shown a positive growth trend, increasing from $3,941,253 in 2014 to $6,250,428 in the latest 2023 filing, indicating financial stability and capacity.

Filing History

IRS 990 filing history for Operation Finally Home showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Operation Finally Home's revenue has grown by 474.9%, moving from $1.3M to $7.3M. Total assets increased by 1967.7% over the same period, from $302K to $6.3M. Total functional expenses rose by 553.5%, from $1.1M to $6.9M. In its most recent filing year (2023), Operation Finally Home reported a surplus of $406K, with revenue exceeding expenses. The organization holds $831K in liabilities against $6.3M in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $5.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$7.3M	$6.9M	$6.3M	$831K	—	View 990
2022	$9.8M	$10.3M	$6.6M	$1.7M	—	View 990
2021	$8.3M	$7.2M	$6.6M	$1.1M	—	View 990
2020	$7.8M	$6.3M	$5.3M	$981K	—	View 990
2019	$6.4M	$6.9M	$3.9M	$724K	—	View 990
2018	$5.7M	$5.6M	$4.3M	$945K	—	View 990
2017	$7.3M	$6.9M	$4.9M	$1.5M	—	View 990
2016	$5.4M	$6.5M	$4.3M	$1.4M	—	View 990
2015	$6.4M	$5.6M	$5.2M	$1.2M	—	View 990
2014	$8.2M	$5.9M	$3.9M	$704K	—	View 990
2013	$3.8M	$3.5M	$968K	$16K	—	View 990
2012	$2.5M	$2.2M	$648K	$52K	—	View 990
2011	$1.3M	$1.1M	$302K	$2K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $7.3M, expenses of $6.9M, and assets of $6.3M (revenue -25.3% year-over-year).
2022: Revenue of $9.8M, expenses of $10.3M, and assets of $6.6M (revenue +17.9% year-over-year).
2021: Revenue of $8.3M, expenses of $7.2M, and assets of $6.6M (revenue +7.1% year-over-year).
2020: Revenue of $7.8M, expenses of $6.3M, and assets of $5.3M (revenue +21.5% year-over-year).
2019: Revenue of $6.4M, expenses of $6.9M, and assets of $3.9M (revenue +12.8% year-over-year).
2018: Revenue of $5.7M, expenses of $5.6M, and assets of $4.3M (revenue -22.0% year-over-year).
2017: Revenue of $7.3M, expenses of $6.9M, and assets of $4.9M (revenue +35.0% year-over-year).
2016: Revenue of $5.4M, expenses of $6.5M, and assets of $4.3M (revenue -16.2% year-over-year).
2015: Revenue of $6.4M, expenses of $5.6M, and assets of $5.2M (revenue -21.9% year-over-year).
2014: Revenue of $8.2M, expenses of $5.9M, and assets of $3.9M (revenue +115.4% year-over-year).
2013: Revenue of $3.8M, expenses of $3.5M, and assets of $968K (revenue +52.7% year-over-year).
2012: Revenue of $2.5M, expenses of $2.2M, and assets of $648K (revenue +96.2% year-over-year).
2011: Revenue of $1.3M, expenses of $1.1M, and assets of $302K.

Data Sources and Methodology

This transparency report for Operation Finally Home 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.