Binding Broken Hearts
EIN: 464042253 · Buffalo, WY · NTEE: P20
| Metric | Value |
|---|---|
| Total Expenses | $37K |
| Net Assets | $10K |
Is Binding Broken Hearts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Binding Broken Hearts
Binding Broken Hearts (EIN: 464042253) is a nonprofit organization based in Buffalo, WY, classified under NTEE code P20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Binding Broken Hearts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Binding Broken Hearts is a micro nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2014–2019). Revenue has grown at a compound annual rate of -17.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $37K |
| Surplus / Deficit | $-7,062 |
| Total Assets | $11K |
| Total Liabilities | $252 |
| Net Assets | $10K |
| Operating Margin | -23.4% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2019, Binding Broken Hearts reported a deficit of $7K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 6 years of filings (2014–2019), Binding Broken Hearts's revenue has declined at a compound annual growth rate (CAGR) of -17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -62.5% | -5.4% | -39.2% |
| 2018 | -23.2% | -76.4% | -8.1% |
| 2017 | -36.7% | +77.7% | -72.4% |
| 2016 | +1.1% | -53.6% | +331.3% |
| 2015 | +106.6% | +169.6% | -30.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Binding Broken Hearts has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Binding Broken Hearts with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Binding Broken Hearts
Is Binding Broken Hearts a legitimate charity?
Binding Broken Hearts (EIN: 464042253) is a registered tax-exempt nonprofit based in Wyoming. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Binding Broken Hearts spend its money?
Binding Broken Hearts reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Binding Broken Hearts tax-deductible?
Binding Broken Hearts is registered as a tax-exempt nonprofit (EIN: 464042253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Binding Broken Hearts located?
Binding Broken Hearts is headquartered in Buffalo, Wyoming and files with the IRS under EIN 464042253. It is classified under NTEE code P20.
How many years of IRS 990 filings does Binding Broken Hearts have?
Binding Broken Hearts has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Binding Broken Hearts showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2019), Binding Broken Hearts's revenue has declined by 62%, moving from $79K to $30K. Total assets decreased by 53.8% over the same period, from $23K to $11K. Total functional expenses fell by 50.4%, from $75K to $37K. In its most recent filing year (2019), Binding Broken Hearts reported a deficit of $7K, with expenses exceeding revenue. The organization holds $252 in liabilities against $11K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $30K | $37K | $11K | $252 | — | View 990 |
| 2018 | $81K | $39K | $17K | $119 | — | View 990 |
| 2017 | $105K | $167K | $19K | $43K | — | View 990 |
| 2016 | $166K | $94K | $68K | $30K | — | View 990 |
| 2015 | $164K | $203K | $16K | $49K | — | View 990 |
| 2014 | $79K | $75K | $23K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $30K, expenses of $37K, and assets of $11K (revenue -62.5% year-over-year).
- 2018: Revenue of $81K, expenses of $39K, and assets of $17K (revenue -23.2% year-over-year).
- 2017: Revenue of $105K, expenses of $167K, and assets of $19K (revenue -36.7% year-over-year).
- 2016: Revenue of $166K, expenses of $94K, and assets of $68K (revenue +1.1% year-over-year).
- 2015: Revenue of $164K, expenses of $203K, and assets of $16K (revenue +106.6% year-over-year).
- 2014: Revenue of $79K, expenses of $75K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Binding Broken Hearts:
Data Sources and Methodology
This transparency report for Binding Broken Hearts is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.