Charity Search / HONEST FOUNDATION
Public & Societal Benefit (W600) 990 on File

HONEST FOUNDATION

EIN: 20-4172376 · BLOOMFLD HLS, MI 48302-0943 · United States · FY 2024 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 82/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$150K
Total Revenue
$80K
Total Expenses
$89K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 94.5%
Fundraising Efficiency N/A
Operating Reserve 13.33x
Liability-to-Asset 0.0%
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 2,060 similar organizations (United States, Public & Societal Benefit, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
94.5% 81.6%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
13.3 mo 14.7 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 100.0%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
495.7% 0.0%
P10P90
Expense growth
Year over year expense growth
-27.5% 0.1%
P10P90
Surplus margin
Surplus as a share of revenue
46.7% 14.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $150K $80K $89K 94.5% —
2023 $25K $110K $19K 98.9% —
2022 $100K $83K $104K 99.2% —
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Organization Details
EIN
20-4172376
State
MI
City
BLOOMFLD HLS
ZIP
48302-0943
Classification
W600
Category
Public & Societal Benefit
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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