Returning Home INC FY2023 filing

Tax-deductible

Springdale, AR501(c)(3)EmploymentEIN 46-5473317Revenue $819K in FY2023

On file with the IRSreturninghomenwa.comPo Box 188, 72765-0188 · Springdale, ARTax-exempt since Jul 2014Publicly supported charity — 170(b)(1)(A)(vi)

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Organization directly assist individuals, who have recently been released from incarceration, transition back into society.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$125K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $203K a year · 24% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$125K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $95K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.5M
64% of total assets
Fine: liabilities are 64% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$819K
-18% vs prior year
Spent
$876K
To programs
71%
Net assets
$883K
By yearFY2020–FY2024
Revenue
$819K
FY2023▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$333K
FY2021$1.1M
FY2022$999K
FY2023$819K
FY2024$955K
Expenses
$876K
FY2023▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$294K
FY2021$494K
FY2022$827K
FY2023$876K
FY2024$715K
Net assets
$883K
FY2023▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$115K
FY2021$768K
FY2022$940K
FY2023$883K
FY2024$1.1M

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $622K Management & general 26% · $224K Fundraising 3% · $29K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $125K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director
$124,600Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Nick Robbins’s $123K as Director is at the 90th percentile of top reported officer pay among 1216 $100K–1M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Nick Robbins$123,038$124,600$90,950$90,950

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Returning Home INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps formerly incarcerated individuals successfully reintegrate into society.

Provided by the organization

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1 program · $622K · in their own filed words · FY2023
01

Organization directly assists individuals, who have recently been released from incarceration, transition back into society. They do so by providing transitional housing for men coming directly from prison providing workshops for those on parole in partnership with state probation and parole.

$622Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Tciy MinistriesFY2021$47K
Total grants receivedfrom 2 funders$95K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$819K
Ln 12
Gifts and grantsLn 1h$975K
Fees for servicesLn 2g$46K
Investment incomeLn 3$19K
Money outPt IX
$876K
Ln 25
Programscol B$622K
Managementcol C$224K
Fundraisingcol D$29K
Owns and owesPt X
$883K
net assets · Ln 32
Cash and savingsLn 1–2$599K
Total assetsLn 16$2.4M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$975K
Government grantsLn 1e$5K
Noncash giftsLn 1g$8K
Fees for servicesLn 2g$46K
Investment incomeLn 3$19K
Gains on assetsLn 7−$270K
Total revenueLn 12$819K
Assets in detailPt X, end of year
CashLn 1$340K
SavingsLn 2$259K
Cash and savings togetherLn 1–2$599K
Land, buildings, equipmentLn 10c$1.6M
Other assetsLn 15$216K
Total assetsLn 16$2.4M
LiabilitiesLn 26$1.5M
Net assetsLn 32$883K
OperationsPt I, VI
EmployeesI 518
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2.3M$599K
Land, buildings, equipmentLn 10c$451K$1.6M
Total assetsLn 16$2.8M$2.4M
LiabilitiesLn 26$1.9M$1.5M
Net assetsLn 32$940K$883K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$125K$87K$31K$6K
Other salaries and wagesLn 7$313K$219K$78K$16K
Other employee benefitsLn 9$802$561$201$40
Payroll taxesLn 10$34K$24K$8K$2K
Accounting feesLn 11c$19K$13K$6K
Other fees for servicesLn 11g$4K$3K$1K
Advertising and promotionLn 12$3K$2K$964
Office expensesLn 13$404$162$202$40
OccupancyLn 16$142K$88K$54K
TravelLn 17$14K$14K
InterestLn 20$7K$5K$2K
Depreciation, depletion and amortizationLn 22$44K$30K$13K
InsuranceLn 23$36K$7K$25K$4K
Other expenses (24a–d)Ln 24$134K$129K$4K$1K
Total functional expensesLn 25$876K$622K$224K$29K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $955K$715K$239K$1.1M 990 PDF
FY2023 Viewing $819K$876K−$57K$883K 990 PDF
FY2022 $999K$827K$172K$940K 990 PDF
FY2021 $1.1M$494K$622K$768K 990 PDF
FY2020 $333K$294K$38K$115K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $818,701 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $895,322$975,039
I-9 Program service revenuePrior year $98,015$46,072
I-10 Investment incomePrior year $5,256−$250,468
I-11 Other revenue$48,058
I-12 Total revenuePrior year $998,593$818,701
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $354,986$472,242
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $471,617$403,403
I-18 Total expensesPrior year $826,603$875,645
I-19 Revenue less expensesPrior year $171,990−$56,944
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $818,701 across 10 lines filed
VIII-1a Federated campaigns$45,456
VIII-1e Government grants$5,400
VIII-1f All other contributions, gifts and grants$924,183
VIII-1g Noncash contributions (included above)$8,000
VIII-1h Total contributions, gifts and grants$975,039
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $46,072$46,072
VIII-3 Investment incomeRelated to mission $19,139$19,139
VIII-7 Net gain or loss on sales of assetsRelated to mission −$269,607−$269,607
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $48,058$48,058
VIII-12 Total revenueRelated to mission −$156,338$818,701
Part IX · Statement of functional expenses $875,645 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $87,220 · Management $31,150 · Fundraising $6,230$124,600
IX-7 Other salaries and wagesPrograms $219,090 · Management $78,246 · Fundraising $15,649$312,985
IX-9 Other employee benefitsPrograms $561 · Management $201 · Fundraising $40$802
IX-10 Payroll taxesPrograms $23,698 · Management $8,464 · Fundraising $1,693$33,855
IX-11c Accounting feesPrograms $13,019 · Management $5,579$18,598
IX-11g Other fees for servicesPrograms $2,693 · Management $1,154$3,847
IX-12 Advertising and promotionPrograms $2,248 · Fundraising $964$3,212
IX-13 Office expensesPrograms $162 · Management $202 · Fundraising $40$404
IX-16 OccupancyPrograms $88,056 · Management $54,305$142,361
IX-17 TravelPrograms $14,280$14,280
IX-20 InterestPrograms $4,833 · Management $2,071$6,904
IX-22 Depreciation, depletion and amortizationPrograms $30,458 · Management $13,057$43,515
IX-23 InsurancePrograms $7,279 · Management $25,474 · Fundraising $3,639$36,392
IX-24 Other expenses (24a–d)Programs $128,854 · Management $3,915 · Fundraising $1,121$133,890
IX-25 Total functional expensesPrograms $622,451 · Management $223,818 · Fundraising $29,376$875,645
Part X · Balance sheet $2,427,567 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $2,309,058$340,316
X-2 Savings and temporary cash investments$259,091
X-4 Accounts receivable$3,000
X-9 Prepaid expenses and deferred chargesStart of year $26,270$8,203
X-10c Land, buildings and equipment, netStart of year $450,571$1,601,302
X-15 Other assetsStart of year $4,145$215,655
X-16 Total assetsStart of year $2,814,958$2,427,567
X-17 Accounts payable and accrued expensesStart of year $3,509$11,190
X-25 Other liabilitiesStart of year $1,871,021$1,193,812
X-26 Total liabilitiesStart of year $1,874,530$1,544,083
X-27 Net assets without donor restrictionsStart of year $782,303$883,484
X-32 Total net assets or fund balancesStart of year $940,428$883,484
X-33 Total liabilities and net assetsStart of year $2,814,958$2,427,567
Part XI · Reconciliation of net assets $883,484 net assets at year end
XI-1 Total revenue$818,701
XI-2 Total expenses$875,645
XI-3 Revenue less expenses−$56,944
XI-4 Net assets at start of year$940,428
XI-10 Net assets at end of year$883,484

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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