Overview
What is Homefront Inc?
Homefront Inc, based in Buffalo, New York, is a nonprofit organization with a singular focus on neighborhood revitalization and the promotion of home ownership within the city. With a modest workforce of one dedicated individual, Homefront Inc delivers educational programs to local residents, empowering them to purchase and maintain homes effectively. The organization's mission is deeply rooted in the enhancement of the community, seeking to breathe new life into its neighborhoods through home ownership initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
Homefront Inc has achieved a remarkable score of 94%, reflecting a strong performance in the realm of accountability and finance. This high rating suggests that the organization is effectively managing its resources and maintaining transparency, which is essential for building donor trust and ensuring sustainable operations.
The organization excels in several key areas, including having a completely independent board, a robust conflict of interest policy, and a solid program expense ratio of 92.27%. These factors indicate that Homefront Inc prioritizes ethical governance and focuses the majority of its funds on direct programming rather than administrative costs, ensuring that contributions have a maximum impact.
While the data shows no material diversions of assets or significant liabilities, this positive assessment does not include detailed information on the organization's program effectiveness or community impact. Overall, Homefront Inc demonstrates a strong commitment to financial health and accountability, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Homefront Inc legitimate?
Homefront Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homefront Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Homefront Inc?
Homefront Inc is committed to revitalizing neighborhoods and promoting home ownership. Their programs aim to educate residents in various cities, specifically focusing on Buffalo, New York, about the process of purchasing and maintaining homes. The organization's mission is to equip individuals with the necessary knowledge to become homeowners, thereby contributing to the overall improvement of their communities. Homefront Inc's activities are centered around educating and empowering individuals to make informed decisions about home ownership.
What is the revenue of Homefront Inc?
Homefront Inc's revenue in 2024 was $134.
Who are the executives of Homefront Inc and what are their salaries?
The average compensation at Homefront Inc during 2024 was $5,015.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Homefront Inc?
Homefront Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Homefront Inc
Homefront Inc is committed to revitalizing neighborhoods and promoting home ownership in Buffalo, New York. Their mission is accomplished through educational programs that educate residents of the city about the process of purchasing and maintaining homes. Homefront Inc's initiatives aim to empower individuals to become homeowners, contributing to the overall improvement of their communities.
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Impact
October, 2024
Homefront Inc significantly impacts the Buffalo, NY community by fostering neighborhood revitalization and promoting home ownership. Through its educational programs, the organization equips residents with the knowledge needed to buy and maintain homes, empowering them to invest in their neighborhoods. This not only helps individuals achieve their dream of home ownership but also contributes to the overall revitalization of the city, enhancing community strength and stability. By encouraging responsible home ownership, Homefront Inc plays a crucial role in transforming Buffalo's residential landscape, leading to thriving communities and increased quality of life for its residents.
This information is meant to be a general summary of Homefront Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $134
- Program Service Revenue: $200
- Gross Receipts: $134
Assets and Liabilities:
- Total Assets: $529,578
- Total Liabilities: $3,689
- Net Assets: $525,889
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME OWNERSHIP PROGRAM
Revenue
$200
Organization Details
Founding Year
1976
Principal Officer
Brad Dossinger
NTEE Category
Code: L20Z - Housing
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