Pomonok Home Services Inc
Pomonok Home Services Inc. consistently operates with a surplus and reports no officer compensation.
EIN: 112694987 · Fresh Meadows, NY · NTEE: E920 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.4M |
| Total Expenses | $11.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $12M |
| Net Assets | $10.4M |
| Transparency Score | 85/100 |
Is Pomonok Home Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pomonok Home Services Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pomonok Home Services Inc
Pomonok Home Services Inc (EIN: 112694987) is a nonprofit organization based in Fresh Meadows, NY, classified under NTEE code E920. The organization reported total revenue of $12.4M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pomonok Home Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pomonok Home Services Inc is a large nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.3M |
| Total Expenses | $11.7M |
| Surplus / Deficit | +$622K |
| Total Assets | $11.7M |
| Total Liabilities | $1.4M |
| Net Assets | $10.4M |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2024, Pomonok Home Services Inc reported a surplus of $622K with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Pomonok Home Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.1% | -0.4% | +5.1% |
| 2023 | -5.8% | -7.1% | +4.5% |
| 2022 | -12.4% | -11.8% | +5.3% |
| 2021 | -14.7% | -10.8% | +5.5% |
| 2020 | +1.2% | +4.3% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Pomonok Home Services Inc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Pomonok Home Services Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $622K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.8%.
Executive Compensation Analysis
Pomonok Home Services Inc. consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($12M+ revenue). This suggests either a fully volunteer executive leadership or that compensation is structured in a way not reported as officer compensation on the 990, which warrants further investigation for full transparency.
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 Pomonok Home Services Inc's IRS 990 filings:
- Significant decline in revenue over the past decade (from $23.5M in 2015 to $12.2M in 2024)
- Consistent reporting of 0% officer compensation for an organization of this size, which is highly unusual and may obscure executive remuneration details.
Strengths
The following positive indicators were identified for Pomonok Home Services Inc:
- Consistent financial surplus, indicating effective expense management (e.g., $12.2M revenue vs. $11.6M expenses in 202406).
- Healthy and growing asset base relative to liabilities, demonstrating strong financial stability (e.g., $11.7M assets vs. $1.3M liabilities in 202406).
- Long history of consistent IRS 990 filings (13 filings), indicating good transparency practices.
- Low liabilities relative to assets, suggesting a strong balance sheet.
Frequently Asked Questions about Pomonok Home Services Inc
Is Pomonok Home Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pomonok Home Services Inc (EIN: 112694987) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Pomonok Home Services Inc spend its money?
Pomonok Home Services Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pomonok Home Services Inc tax-deductible?
Pomonok Home Services Inc is registered as a tax-exempt nonprofit (EIN: 112694987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pomonok Home Services Inc CEO make?
Pomonok Home Services Inc's highest-compensated officer earns $12M annually. The organization reported $12.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pomonok Home Services Inc's spending goes to programs?
Pomonok Home Services Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pomonok Home Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pomonok Home Services Inc is above average for NTEE category E920 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pomonok Home Services Inc located?
Pomonok Home Services Inc is headquartered in Fresh Meadows, New York and files with the IRS under EIN 112694987. It is classified under NTEE code E920.
How many years of IRS 990 filings does Pomonok Home Services Inc have?
Pomonok Home Services Inc has 13 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 $12.4M in total revenue.
Is Pomonok Home Services Inc. a good charity?
Based on the available IRS 990 data, Pomonok Home Services Inc. appears to be a financially stable organization that consistently operates with a surplus and maintains a healthy asset-to-liability ratio. The absence of reported officer compensation is a unique characteristic that could indicate a high dedication of resources to its mission. However, a full assessment would require more detailed spending breakdowns (program vs. admin vs. fundraising) and an understanding of their specific programs and impact.
Why is there no officer compensation reported?
The IRS 990 filings consistently show 0% officer compensation. This could mean that the executive leadership is entirely volunteer-based, or that compensation is paid through a related entity, or structured in a way that it is not categorized as 'officer compensation' on the 990. This is an unusual finding for an organization with over $12 million in annual revenue and warrants further inquiry.
How has the organization's revenue trended over time?
Pomonok Home Services Inc. experienced a significant decrease in revenue from a peak of $23,558,585 in 201506 to $12,276,571 in 202406. This represents a nearly 50% reduction in annual revenue over a decade, indicating a substantial shift in its operational scale or funding model.
Are the organization's assets growing or shrinking?
The organization's assets have shown a general upward trend in recent years, from $6,583,641 in 201706 to $11,741,431 in 202406, despite the overall decline in revenue. This indicates effective asset management and accumulation, contributing to its financial stability.
Filing History
IRS 990 filing history for Pomonok Home Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Pomonok Home Services Inc's revenue has declined by 49.8%, moving from $24.5M to $12.3M. Total assets increased by 9.1% over the same period, from $10.8M to $11.7M. Total functional expenses fell by 51.3%, from $23.9M to $11.7M. In its most recent filing year (2024), Pomonok Home Services Inc reported a surplus of $622K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $11.7M in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $10.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $12.3M | $11.7M | $11.7M | $1.4M | — | View 990 |
| 2023 | $12.3M | $11.7M | $11.2M | $1.4M | — | View 990 |
| 2022 | $13.0M | $12.6M | $10.7M | $1.4M | — | View 990 |
| 2021 | $14.9M | $14.3M | $10.2M | $1.2M | — | View 990 |
| 2020 | $17.4M | $16.0M | $9.6M | $1.3M | — | View 990 |
| 2019 | $17.2M | $15.3M | $9.0M | $1.2M | — | View 990 |
| 2018 | $18.3M | $15.5M | $7.6M | $1.1M | — | View 990 |
| 2017 | $18.9M | $18.2M | $6.6M | $1.9M | — | View 990 |
| 2016 | $21.0M | $18.8M | $8.9M | $3.9M | — | View 990 |
| 2015 | $23.6M | $22.1M | $11.7M | $7.8M | — | View 990 |
| 2014 | $26.6M | $29.5M | $11.3M | $8.8M | — | View 990 |
| 2013 | $28.8M | $26.5M | $10.0M | $3.1M | — | View 990 |
| 2012 | $24.5M | $23.9M | $10.8M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $12.3M, expenses of $11.7M, and assets of $11.7M (revenue +0.1% year-over-year).
- 2023: Revenue of $12.3M, expenses of $11.7M, and assets of $11.2M (revenue -5.8% year-over-year).
- 2022: Revenue of $13.0M, expenses of $12.6M, and assets of $10.7M (revenue -12.4% year-over-year).
- 2021: Revenue of $14.9M, expenses of $14.3M, and assets of $10.2M (revenue -14.7% year-over-year).
- 2020: Revenue of $17.4M, expenses of $16.0M, and assets of $9.6M (revenue +1.2% year-over-year).
- 2019: Revenue of $17.2M, expenses of $15.3M, and assets of $9.0M (revenue -6.2% year-over-year).
- 2018: Revenue of $18.3M, expenses of $15.5M, and assets of $7.6M (revenue -2.8% year-over-year).
- 2017: Revenue of $18.9M, expenses of $18.2M, and assets of $6.6M (revenue -10.3% year-over-year).
- 2016: Revenue of $21.0M, expenses of $18.8M, and assets of $8.9M (revenue -10.7% year-over-year).
- 2015: Revenue of $23.6M, expenses of $22.1M, and assets of $11.7M (revenue -11.3% year-over-year).
- 2014: Revenue of $26.6M, expenses of $29.5M, and assets of $11.3M (revenue -7.7% year-over-year).
- 2013: Revenue of $28.8M, expenses of $26.5M, and assets of $10.0M (revenue +17.6% year-over-year).
- 2012: Revenue of $24.5M, expenses of $23.9M, and assets of $10.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pomonok Home Services Inc:
Data Sources and Methodology
This transparency report for Pomonok Home Services 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.