USA Homeownership Foundation Inc

Nonprofit profile at a glance

EIN
452458485
IRS 990 coverage
2013–2025
Forms available
Form 990 2025, Form 990-N 2012
Location
Corona, CA, USA
Phone
9518700369
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Financial Counseling

Official website

Reported finances

Revenue
$4,527,526
Expenses
$5,564,209
Assets
$1,732,279
Liabilities
$1,422,397

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Son Nguyen (President)

Highest reported compensation

  • Carla Lemon (Secretary): $29,165 total reported compensation
  • Christine Olfus (Director): $22,400 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the lives of service members and veterans through education, housing, and philanthropy.

What it reported doing in 2025

Planned and sponsored a policy conference and a national conference, in addition to other events. Through the conferences educational information, awareness and training was provided to real estate professionals, active military and veterans about the resources available to facilitate home ownership, including the VA home loan program.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: 86
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 15
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.8%; rating input score 99
  • Program expense ratio: 80.4%; rating input score 80
  • Fundraising efficiency: $12.25 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.2%; rating input score 88; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 96.1%; rating input score 96; 37th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -22.9%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.31; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.82; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: 1.9% per year; rating input score 100; 16th percentile among comparable filings
  • Asset growth: -2.7% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 98.8% of revenue deployed · 80.4% of spending went to programs
  • Governance: 5 of 5 board members independent · 7 of 8 filing controls reported
  • Programs: 7 filed program accomplishments · $4.5M in reported program spending
  • Leadership: top reported pay $29K · 5 people listed
  • Highest-paid contractors: 2 contractors listed · $392K reported
  • Consistency: 30 of 32 current checks pass · 2 findings to review
  • Schedules: 9 filed schedules · includes major donors, grants, and related organizations
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 7 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 4/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.