Homeaid America Inc
Nonprofit profile at a glance
- EIN
- 330673009
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025
- Location
- Irvine, CA, USA
- Phone
- 9497771660
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $2,627,133
- Expenses
- $2,741,433
- Assets
- $2,110,085
- Liabilities
- $158,994
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
38 people listed
Executive titles in this filing
- SCOTT LARSON (CEO)
Highest reported compensation
- SCOTT LARSON (CEO): $220,763 total reported compensation
- MARISOL PARAND (CHIEF DEVELOPMENT OFFICER): $147,781 total reported compensation
- LYNN TADLOCK (FINANCE MANAGER): $134,014 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Homeaid's mission is to help people experiencing or at risk of homelessness build new lives through construction, community engagement, and education.
What it reported doing in 2025
Homeaid, through a network of 19 affiliates, currently has 41 new projects under development that will add over 1,945 beds. To date, homeaid has completed 1,598 housing developments and has served over 1,500,000 people who otherwise would have been houseless. Additionally, homeaid's public relations and community education programs work to support new initiatives in affiliate markets, that will not only house those who need housing, but also to provide training and skills to those who want to work in the building industry. The homeaid works program provides the environment, structure to succeed, and opportunities for quality meaningful work at a livable wage for those who are trainable in building industry skills.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 49% for direct work, and 51% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 75
- Accountability: 94
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.2%; rating input score 89
- Program expense ratio: 85.3%; rating input score 85
- Fundraising efficiency: $12.46 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97%; rating input score 97; 26th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.4%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 31.6%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 13.2% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 11% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 11.5% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 89.2% of revenue deployed · 85.3% of spending went to programs
- Governance: 32 of 33 board members independent · 8 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $2.3M in reported program spending
- Leadership: top reported pay $221K · 38 people listed · 1 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 12 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 25 filed money-flow records
- Related organizations: 39 filed related-organization links
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 7/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.