The Comfort Home Mi
EIN: 852332085 · Reed City, MI · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $274K |
| Total Expenses | $247K |
| Net Assets | $207K |
Is The Comfort Home Mi Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Comfort Home Mi
The Comfort Home Mi (EIN: 852332085) is a nonprofit organization based in Reed City, MI, classified under NTEE code P20. The organization reported total revenue of $274K and total assets of $205K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Comfort Home Mi's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Comfort Home Mi is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 45.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $239K |
| Total Expenses | $247K |
| Surplus / Deficit | $-7,501 |
| Total Assets | $309K |
| Total Liabilities | $103K |
| Net Assets | $207K |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 33.2% |
| Months of Reserves | 15.0 months |
Financial Health Grade: B
In 2023, The Comfort Home Mi reported a deficit of $8K with expenses exceeding revenue, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 33.2% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), The Comfort Home Mi's revenue has grown at a compound annual growth rate (CAGR) of 45.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +78.1% | +510.8% | -1.2% |
| 2022 | +18.6% | +435.7% | +160.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Comfort Home Mi has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Comfort Home Mi with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.2%.
Frequently Asked Questions about The Comfort Home Mi
Is The Comfort Home Mi a legitimate charity?
The Comfort Home Mi (EIN: 852332085) is a registered tax-exempt nonprofit based in Michigan. It has 3 years of IRS 990 filings on record. Total revenue: $274K. No red flags identified. Financial health grade: B.
How does The Comfort Home Mi spend its money?
The Comfort Home Mi reported $274K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Comfort Home Mi tax-deductible?
The Comfort Home Mi is registered as a tax-exempt nonprofit (EIN: 852332085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Comfort Home Mi located?
The Comfort Home Mi is headquartered in Reed City, Michigan and files with the IRS under EIN 852332085. It is classified under NTEE code P20.
How many years of IRS 990 filings does The Comfort Home Mi have?
The Comfort Home Mi has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $274K in total revenue.
Filing History
IRS 990 filing history for The Comfort Home Mi showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), The Comfort Home Mi's revenue has grown by 111.2%, moving from $113K to $239K. Total assets increased by 157.4% over the same period, from $120K to $309K. Total functional expenses rose by 3171.9%, from $8K to $247K. In its most recent filing year (2023), The Comfort Home Mi reported a deficit of $8K, with expenses exceeding revenue. The organization holds $103K in liabilities against $309K in assets (debt-to-asset ratio: 33.2%), resulting in net assets of $207K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $239K | $247K | $309K | $103K | — | View 990 |
| 2022 | $134K | $40K | $313K | $99K | — | — |
| 2021 | $113K | $8K | $120K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $239K, expenses of $247K, and assets of $309K (revenue +78.1% year-over-year).
- 2022: Revenue of $134K, expenses of $40K, and assets of $313K (revenue +18.6% year-over-year).
- 2021: Revenue of $113K, expenses of $8K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Comfort Home Mi:
Data Sources and Methodology
This transparency report for The Comfort Home Mi 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.