Ahome Foundation Inc
Nonprofit profile at a glance
- EIN
- 203727284
- IRS 990-EZ coverage
- 2012–2013
- Forms available
- Form 990-EZ 2013
- Location
- Mclean, VA, USA
- Phone
- 7038645525
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
Reported finances
- Revenue
- $35,400
- Expenses
- $41,075
- Assets
- $9,388
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- CLARK L MASSIE (PRESIDENT)
People named in this filing
- CLARK L MASSIE (PRESIDENT)
- JERRY HOPKINS (TREASURER)
- CARSON LEE FIFER JR (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation is a supporting organization to affordable housing opportunity means everyone (54-1448311). The foundation will carry out its exempt purpose by accepting contributions from individual donors and the private sector to support the charitable and educational activities of affordable housing opportunity means everyone.
What it reported doing in 2013
The foundation is a supporting organization to affordable homes opportunity means everyone. The foundation supports the charitable and educational activities of affordable housing opportunity means everyone.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 32
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.7%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -16%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0.23; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 95.5% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 51% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: -46.4% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $41K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2012 to 2013
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 24/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.