Road Home Corporation
Road Home Corporation shows strong asset growth and zero reported officer compensation, but recent expenses exceeded revenue.
EIN: 208104376 · Baton Rouge, LA · NTEE: C34 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.0M |
| Total Expenses | $17.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $56 |
| Net Assets | $54.2M |
| Transparency Score | 85/100 |
Is Road Home Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Road Home Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Road Home Corporation
Road Home Corporation (EIN: 208104376) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code C34. The organization reported total revenue of $12.0M and total assets of $47.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Road Home Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Road Home Corporation is a large nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.9M |
| Total Expenses | $17.9M |
| Surplus / Deficit | $-5,001,818 |
| Total Assets | $56.9M |
| Total Liabilities | $2.7M |
| Net Assets | $54.2M |
| Operating Margin | -38.7% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 38.1 months |
Financial Health Grade: B
In 2023, Road Home Corporation reported a deficit of $5.0M with expenses exceeding revenue, holds 38.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Road Home Corporation's revenue has declined at a compound annual growth rate (CAGR) of -11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.4% | +295.9% | +7.3% |
| 2022 | -0.1% | +9.4% | +34.1% |
| 2021 | +4.9% | -25.5% | +50.6% |
| 2020 | +9.0% | +156.9% | +83.0% |
| 2019 | +857.1% | -13.3% | +551.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Road Home Corporation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Road Home Corporation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Executive Compensation Analysis
Road Home Corporation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size with assets exceeding $56 million and annual revenues often above $10 million. This suggests a volunteer-led executive team or that executive compensation is categorized differently, warranting further investigation for complete 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 Road Home Corporation's IRS 990 filings:
- Significant expense increase in 202306 ($17,942,282) exceeding revenue ($12,940,464) for that period, indicating a potential deficit or strategic investment.
- Unusually consistent 0% officer compensation for an organization of this size, which, while positive for efficiency, could mask compensation reported in other categories or indicate a highly volunteer-dependent executive structure.
Strengths
The following positive indicators were identified for Road Home Corporation:
- Strong and consistent asset growth, from $14,338,603 in 201906 to $56,903,344 in 202306.
- Zero reported officer compensation across all filings, indicating high efficiency in executive spending.
- Consistent history of filing IRS Form 990s (13 filings), demonstrating transparency.
- Substantial revenue generation, often exceeding $10 million annually, indicating strong support or program activity.
Frequently Asked Questions about Road Home Corporation
Is Road Home Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Road Home Corporation (EIN: 208104376) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Road Home Corporation spend its money?
Road Home Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Road Home Corporation tax-deductible?
Road Home Corporation is registered as a tax-exempt nonprofit (EIN: 208104376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Road Home Corporation CEO make?
Road Home Corporation's highest-compensated officer earns $56 annually. The organization reported $12.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Road Home Corporation's spending goes to programs?
Road Home Corporation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Road Home Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Road Home Corporation is above average for NTEE category C34 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Road Home Corporation located?
Road Home Corporation is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 208104376. It is classified under NTEE code C34.
How many years of IRS 990 filings does Road Home Corporation have?
Road Home Corporation 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 $12.0M in total revenue.
Is Road Home Corporation financially stable?
Yes, Road Home Corporation appears financially stable, evidenced by its significant and growing assets, reaching $56,903,344 in 202306. While expenses exceeded revenue in the latest period (202306), the substantial asset base and historical revenue generation suggest a strong financial foundation.
How does Road Home Corporation manage executive compensation?
Road Home Corporation reports 0% officer compensation in all available IRS 990 filings. This indicates that no salaries are paid to officers, which is a highly efficient practice for directing funds to programs, though it's unusual for an organization of its scale.
What caused the significant increase in expenses in 202306?
In 202306, expenses surged to $17,942,282 from $4,532,244 in 202206. Without detailed program service expense breakdowns from the 990, it's difficult to pinpoint the exact cause, but it could be due to a major program expansion, significant capital expenditures, or a one-time event.
Is Road Home Corporation transparent with its finances?
Yes, Road Home Corporation demonstrates good transparency through its consistent filing of 13 IRS Form 990s, providing a detailed public record of its financial activities over many years.
Filing History
IRS 990 filing history for Road Home Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Road Home Corporation's revenue has declined by 75.3%, moving from $52.4M to $12.9M. Total assets decreased by 59.9% over the same period, from $142.0M to $56.9M. Total functional expenses fell by 82.6%, from $102.9M to $17.9M. In its most recent filing year (2023), Road Home Corporation reported a deficit of $5.0M, with expenses exceeding revenue. The organization holds $2.7M in liabilities against $56.9M in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $54.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.9M | $17.9M | $56.9M | $2.7M | — | — |
| 2022 | $16.0M | $4.5M | $53.0M | $2.0M | — | View 990 |
| 2021 | $16.1M | $4.1M | $39.5M | $4.0M | — | View 990 |
| 2020 | $15.3M | $5.6M | $26.2M | $2.8M | — | View 990 |
| 2019 | $14.0M | $2.2M | $14.3M | $933K | — | View 990 |
| 2018 | $1.5M | $2.5M | $2.2M | $754K | — | View 990 |
| 2017 | $2.3M | $3.4M | $2.7M | $734K | — | View 990 |
| 2016 | $2.4M | $4.4M | $3.7M | $1.2M | — | View 990 |
| 2015 | $3.2M | $5.5M | $5.5M | $1.6M | — | View 990 |
| 2014 | $4.5M | $20.3M | $6.1M | $1.2M | — | View 990 |
| 2013 | $11.5M | $67.6M | $22.6M | $2.7M | — | View 990 |
| 2012 | $30.0M | $89.0M | $82.6M | $8.1M | — | View 990 |
| 2011 | $52.4M | $102.9M | $142.0M | $10.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.9M, expenses of $17.9M, and assets of $56.9M (revenue -19.4% year-over-year).
- 2022: Revenue of $16.0M, expenses of $4.5M, and assets of $53.0M (revenue -0.1% year-over-year).
- 2021: Revenue of $16.1M, expenses of $4.1M, and assets of $39.5M (revenue +4.9% year-over-year).
- 2020: Revenue of $15.3M, expenses of $5.6M, and assets of $26.2M (revenue +9.0% year-over-year).
- 2019: Revenue of $14.0M, expenses of $2.2M, and assets of $14.3M (revenue +857.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $2.5M, and assets of $2.2M (revenue -36.0% year-over-year).
- 2017: Revenue of $2.3M, expenses of $3.4M, and assets of $2.7M (revenue -6.3% year-over-year).
- 2016: Revenue of $2.4M, expenses of $4.4M, and assets of $3.7M (revenue -24.4% year-over-year).
- 2015: Revenue of $3.2M, expenses of $5.5M, and assets of $5.5M (revenue -28.2% year-over-year).
- 2014: Revenue of $4.5M, expenses of $20.3M, and assets of $6.1M (revenue -60.8% year-over-year).
- 2013: Revenue of $11.5M, expenses of $67.6M, and assets of $22.6M (revenue -61.7% year-over-year).
- 2012: Revenue of $30.0M, expenses of $89.0M, and assets of $82.6M (revenue -42.8% year-over-year).
- 2011: Revenue of $52.4M, expenses of $102.9M, and assets of $142.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Road Home Corporation:
Data Sources and Methodology
This transparency report for Road Home Corporation 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.