LHousing & ShelterEIN: 460458578· Ruling Year: 2001

Homes Are Possible Inc

Aberdeen, South Dakota

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$1.5M
Total Revenue
📊
$779K
Total Expenses
🏦
$7.4M
Net Assets
📋
$63K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.3%
Year-over-year change (2022 → 2023)
Net Margin
+47.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.48
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,476,88816%$778,73810%$7,443,16712%
2022$1,269,94328%$864,83544%$6,668,0756%
2021$1,765,321155%$599,05021%$6,318,03815%
2020$691,74457%$755,89729%$5,488,6806%
2019$1,597,09661%$583,8153%$5,172,99224%
2018$989,61624%$602,61046%$4,178,8959%
2017$797,05534%$412,12315%$3,819,90011%
2016$593,6274%$486,2322%$3,452,8992%
2015$572,94515%$476,0158%$3,392,7871%
2014$499,80765%$440,89012%$3,424,8292%
2013$1,416,8348%$501,4453%$3,493,93621%
2012$1,307,84543%$514,38074%$4,404,99431%
2011$2,283,344$1,986,717$3,374,465

Frequently Asked Questions

What does Homes Are Possible Inc do?

Homes Are Possible Inc is a housing & shelter nonprofit organization based in South Dakota. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Homes Are Possible Inc financially healthy?

Based on our 9-metric Financial Health Score model, Homes Are Possible Inc has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Homes Are Possible Inc generate?

Homes Are Possible Inc reports $4.4M in annual revenue and holds $8.7M in total assets, based on IRS filings.

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