Our House Foundation Inc
Our House Foundation: Strong Asset Growth, Inconsistent Revenue
EIN: 222856145 · Murray Hill, NJ · Updated: 2026-04-04
About Our House Foundation Inc
Our House Foundation Inc (EIN: 222856145) is a nonprofit organization based in Murray Hill, NJ. The organization reported total revenue of $2.3M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Our House Foundation 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 Our House Foundation 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Our House Foundation Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific compensation figures, which are not provided in the given data.
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 Our House Foundation Inc's IRS 990 filings:
- Revenue has fluctuated significantly over the past several years, from a high of $1,746,184 in 2021 to a low of $590,293 in 2016, indicating potential instability in funding streams.
- The provided data lacks specific details on program activities and their impact, making it difficult to fully evaluate the effectiveness of spending.
- The 'c0%' field across all years is unclear; if it represents fundraising costs, it would be unusually low and warrants further investigation.
Strengths
The following positive indicators were identified for Our House Foundation Inc:
- Significant asset growth from $199,017 in 2018 to $5,202,535 in 2023, demonstrating strong financial management and accumulation of resources.
- Consistent annual filings indicate a commitment to financial reporting.
- Low liabilities relative to assets across all years, suggesting a healthy balance sheet and low financial risk.
Frequently Asked Questions about Our House Foundation Inc
What does Our House Foundation Inc do?
Our House Foundation Inc is a nonprofit organization in the Unknown sector, located in Murray Hill, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Our House Foundation Inc have?
Our House Foundation Inc reported total revenue of $2,266,665. Based on 13 IRS 990 filings on record.
What are Our House Foundation Inc's total assets?
Our House Foundation Inc holds total assets of $5,202,535 as reported in IRS 990 filings.
Where is Our House Foundation Inc located?
Our House Foundation Inc is based in Murray Hill, New Jersey.
What is Our House Foundation Inc's EIN?
Our House Foundation Inc's Employer Identification Number (EIN) is 222856145. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Our House Foundation Inc?
Our House Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Our House Foundation Inc a registered 501(c)(3)?
Our House Foundation Inc appears in IRS records (EIN: 222856145). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Our House Foundation Inc file IRS Form 990?
Yes, Our House Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Our House Foundation Inc's revenue in 2023?
In the 202306 filing period, Our House Foundation Inc reported total revenue of $1,242,095, total expenses of $766,764, and net assets of $2,913,269.
Is Our House Foundation Inc's revenue growing or declining?
Our House Foundation Inc's revenue is declining. Revenue went from $1,455,661 (202206) to $1,242,095 (202306), a -14.7% change. Based on 13 filings on record.
What is Our House Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Our House Foundation Inc covers tax period 202306. It shows revenue of $1,242,095, expenses of $766,764, total assets of $2,913,269, and liabilities of $47,089.
How much does Our House Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Our House Foundation Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Our House Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Our House Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Our House Foundation Inc?
The following concerns were identified: Revenue has fluctuated significantly over the past several years, from a high of $1,746,184 in 2021 to a low of $590,293 in 2016, indicating potential instability in funding streams.. The provided data lacks specific details on program activities and their impact, making it difficult to fully evaluate the effectiveness of spending.. The 'c0%' field across all years is unclear; if it represents fundraising costs, it would be unusually low and warrants further investigation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Our House Foundation Inc's strengths?
Positive indicators for Our House Foundation Inc include: Significant asset growth from $199,017 in 2018 to $5,202,535 in 2023, demonstrating strong financial management and accumulation of resources.. Consistent annual filings indicate a commitment to financial reporting.. Low liabilities relative to assets across all years, suggesting a healthy balance sheet and low financial risk.. These findings are derived from AI analysis of the organization's financial filings.
How does Our House Foundation Inc compensate executives?
Executive compensation cannot be assessed without specific compensation figures, which are not provided in the given data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Our House Foundation Inc?
- Financial filings are consistently available on an annual basis. - Detailed breakdowns of program expenses are not readily apparent from the provided summary data. - No specific transparency report or detailed impact report is referenced in the provided data. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What factors contributed to the substantial increase in assets from $1,874,687 in 2021 to $5,202,535 in 2023, especially given the fluctuating revenue during the same period?
The significant asset growth despite inconsistent revenue suggests potential large one-time donations, investment gains, or a strategic shift in asset management not directly tied to annual operating income. Further investigation into investment portfolios or major capital campaigns would be necessary.
Given the 'c0%' listed for all years, what is the actual percentage of revenue spent on fundraising, and how does this compare to industry benchmarks?
If 'c0%' represents fundraising costs, it's an exceptionally low figure that would be highly unusual for a nonprofit. This requires clarification as it could indicate an error in data interpretation, a unique funding model, or that fundraising expenses are embedded within other categories, making true fundraising efficiency difficult to ascertain without more detailed financial statements.
Filing History
IRS 990 filing history for Our House Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Our House Foundation Inc's revenue has grown by 370.3%, moving from $264K to $1.2M. Total assets increased by 302.4% over the same period, from $724K to $2.9M. Total functional expenses rose by 182.1%, from $272K to $767K. In its most recent filing year (2023), Our House Foundation Inc reported a surplus of $475K, with revenue exceeding expenses. The organization holds $47K in liabilities against $2.9M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $767K | $2.9M | $47K | — | View 990 |
| 2022 | $1.5M | $807K | $2.3M | $45K | — | View 990 |
| 2021 | $1.7M | $739K | $1.9M | $45K | — | View 990 |
| 2020 | $1.2M | $819K | $774K | $65K | — | View 990 |
| 2019 | $782K | $614K | $366K | $43K | — | View 990 |
| 2018 | $832K | $938K | $199K | $43K | — | View 990 |
| 2017 | $1.3M | $1.5M | $389K | $128K | — | View 990 |
| 2016 | $590K | $684K | $502K | $34K | — | View 990 |
| 2015 | $782K | $605K | $606K | $44K | — | View 990 |
| 2014 | $442K | $643K | $408K | $23K | — | View 990 |
| 2013 | $435K | $508K | $612K | $25K | — | View 990 |
| 2012 | $390K | $341K | $691K | $26K | — | View 990 |
| 2011 | $264K | $272K | $724K | $107K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $767K, and assets of $2.9M (revenue -14.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $807K, and assets of $2.3M (revenue -16.6% year-over-year).
- 2021: Revenue of $1.7M, expenses of $739K, and assets of $1.9M (revenue +44.9% year-over-year).
- 2020: Revenue of $1.2M, expenses of $819K, and assets of $774K (revenue +54.1% year-over-year).
- 2019: Revenue of $782K, expenses of $614K, and assets of $366K (revenue -6.0% year-over-year).
- 2018: Revenue of $832K, expenses of $938K, and assets of $199K (revenue -36.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.5M, and assets of $389K (revenue +120.4% year-over-year).
- 2016: Revenue of $590K, expenses of $684K, and assets of $502K (revenue -24.5% year-over-year).
- 2015: Revenue of $782K, expenses of $605K, and assets of $606K (revenue +76.9% year-over-year).
- 2014: Revenue of $442K, expenses of $643K, and assets of $408K (revenue +1.5% year-over-year).
- 2013: Revenue of $435K, expenses of $508K, and assets of $612K (revenue +11.7% year-over-year).
- 2012: Revenue of $390K, expenses of $341K, and assets of $691K (revenue +47.5% year-over-year).
- 2011: Revenue of $264K, expenses of $272K, and assets of $724K.
Data Sources and Methodology
This transparency report for Our House Foundation 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.