Tech Goes Home Incorporated
Tech Goes Home shows strong growth and no reported officer compensation, with a recent deficit in 2023.
EIN: 208629591 · Boston, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.0M |
| Total Expenses | $7.4M |
| Program Spending | 85% |
| Net Assets | $4.4M |
| Transparency Score | 90/100 |
Is Tech Goes Home Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tech Goes Home Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tech Goes Home Incorporated
Tech Goes Home Incorporated (EIN: 208629591) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $5.0M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tech Goes Home Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tech Goes Home Incorporated is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.8M |
| Total Expenses | $7.4M |
| Surplus / Deficit | $-657,035 |
| Total Assets | $5.3M |
| Total Liabilities | $888K |
| Net Assets | $4.4M |
| Operating Margin | -9.7% |
| Debt-to-Asset Ratio | 16.9% |
| Months of Reserves | 8.5 months |
Financial Health Grade: B
In 2023, Tech Goes Home Incorporated reported a deficit of $657K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 16.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tech Goes Home Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | +62.8% | -0.5% |
| 2022 | +95.9% | +47.5% | +90.0% |
| 2021 | +15.9% | +41.9% | +10.8% |
| 2020 | +42.6% | +12.5% | +86.5% |
| 2019 | +16.4% | +8.8% | -9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 Tech Goes Home Incorporated with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Tech Goes Home Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $657K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.9%.
Executive Compensation Analysis
Tech Goes Home consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer categories, which is highly favorable for donor perception and resource allocation.
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 Tech Goes Home Incorporated's IRS 990 filings:
- Expenses exceeded revenue by $657,035 in 2023, a significant deficit compared to previous years' surpluses.
Strengths
The following positive indicators were identified for Tech Goes Home Incorporated:
- Consistent and rapid growth in revenue, from $903,301 in 2014 to $6,768,567 in 2023.
- Substantial growth in assets, reaching $5,266,088 in 2023, indicating strong financial health and capacity.
- Consistent reporting of 0% officer compensation across all filings, demonstrating efficient use of funds.
- History of healthy surpluses in most years, such as $2,484,118 in 2022, building financial reserves.
- Strong financial transparency with 13 years of detailed IRS 990 filings available.
Frequently Asked Questions about Tech Goes Home Incorporated
Is Tech Goes Home Incorporated a legitimate charity?
Tech Goes Home Incorporated (EIN: 208629591) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.0M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Tech Goes Home Incorporated spend its money?
Tech Goes Home Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tech Goes Home Incorporated tax-deductible?
Tech Goes Home Incorporated is registered as a tax-exempt nonprofit (EIN: 208629591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tech Goes Home Incorporated's spending goes to programs?
Tech Goes Home Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Tech Goes Home Incorporated located?
Tech Goes Home Incorporated is headquartered in Boston, Massachusetts and files with the IRS under EIN 208629591.
How many years of IRS 990 filings does Tech Goes Home Incorporated have?
Tech Goes Home Incorporated 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 $5.0M in total revenue.
Is Tech Goes Home a good charity?
Based on its strong program focus, rapid growth in revenue and assets, and consistent reporting of 0% officer compensation, Tech Goes Home appears to be a very good charity. Its financial transparency and efficient use of funds are strong indicators of its effectiveness.
How has Tech Goes Home's financial health changed over time?
Tech Goes Home has experienced significant financial growth, with revenue increasing from $903,301 in 2014 to $6,768,567 in 2023, and assets growing from $930,344 to $5,266,088 over the same period. While there was a deficit in 2023, the overall trend is one of robust expansion and increasing financial capacity.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a strong positive indicator. It suggests that the organization's top leadership is either volunteer-based or compensated through means not classified as officer compensation, which can free up more resources for program delivery and demonstrates a commitment to mission over executive pay.
Filing History
IRS 990 filing history for Tech Goes Home Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tech Goes Home Incorporated's revenue has grown by 474.1%, moving from $1.2M to $6.8M. Total assets increased by 383.7% over the same period, from $1.1M to $5.3M. Total functional expenses rose by 538.9%, from $1.2M to $7.4M. In its most recent filing year (2023), Tech Goes Home Incorporated reported a deficit of $657K, with expenses exceeding revenue. The organization holds $888K in liabilities against $5.3M in assets (debt-to-asset ratio: 16.9%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.8M | $7.4M | $5.3M | $888K | — | — |
| 2022 | $7.0M | $4.6M | $5.3M | $259K | — | View 990 |
| 2021 | $3.6M | $3.1M | $2.8M | $745K | — | View 990 |
| 2020 | $3.1M | $2.2M | $2.5M | $976K | — | — |
| 2019 | $2.2M | $1.9M | $1.3M | $732K | — | View 990 |
| 2018 | $1.9M | $1.8M | $1.5M | $1.1M | — | View 990 |
| 2017 | $987K | $1.0M | $1.7M | $1.5M | — | View 990 |
| 2016 | $1.0M | $951K | $1.4M | $1.1M | — | View 990 |
| 2015 | $1.0M | $910K | $955K | $729K | — | View 990 |
| 2014 | $903K | $920K | $930K | $830K | — | View 990 |
| 2013 | $786K | $944K | $1.2M | $1.0M | — | View 990 |
| 2012 | $1.5M | $1.3M | $1.2M | $922K | — | View 990 |
| 2011 | $1.2M | $1.2M | $1.1M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.8M, expenses of $7.4M, and assets of $5.3M (revenue -3.9% year-over-year).
- 2022: Revenue of $7.0M, expenses of $4.6M, and assets of $5.3M (revenue +95.9% year-over-year).
- 2021: Revenue of $3.6M, expenses of $3.1M, and assets of $2.8M (revenue +15.9% year-over-year).
- 2020: Revenue of $3.1M, expenses of $2.2M, and assets of $2.5M (revenue +42.6% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.9M, and assets of $1.3M (revenue +16.4% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.8M, and assets of $1.5M (revenue +89.5% year-over-year).
- 2017: Revenue of $987K, expenses of $1.0M, and assets of $1.7M (revenue -4.3% year-over-year).
- 2016: Revenue of $1.0M, expenses of $951K, and assets of $1.4M (revenue -0.5% year-over-year).
- 2015: Revenue of $1.0M, expenses of $910K, and assets of $955K (revenue +14.7% year-over-year).
- 2014: Revenue of $903K, expenses of $920K, and assets of $930K (revenue +14.9% year-over-year).
- 2013: Revenue of $786K, expenses of $944K, and assets of $1.2M (revenue -48.0% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.3M, and assets of $1.2M (revenue +28.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tech Goes Home Incorporated:
Data Sources and Methodology
This transparency report for Tech Goes Home Incorporated 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.