Common Fund Of The Heartland
EIN: 474023495 · Omaha, NE · NTEE: P60
| Metric | Value |
|---|---|
| Total Revenue | $289K |
| Total Expenses | $505K |
| Net Assets | $90K |
Is Common Fund Of The Heartland Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Common Fund Of The Heartland
Common Fund Of The Heartland (EIN: 474023495) is a nonprofit organization based in Omaha, NE, classified under NTEE code P60. The organization reported total revenue of $289K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Common Fund Of The Heartland's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Common Fund Of The Heartland is a small nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2015–2020). Revenue has grown at a compound annual rate of -9.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $289K |
| Total Expenses | $505K |
| Surplus / Deficit | $-215,765 |
| Total Assets | $90K |
| Net Assets | $90K |
| Operating Margin | -74.6% |
| Months of Reserves | 2.1 months |
Financial Health Grade: C
In 2020, Common Fund Of The Heartland reported a deficit of $216K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2015–2020), Common Fund Of The Heartland's revenue has declined at a compound annual growth rate (CAGR) of -9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -54.8% | -18.6% | -72.8% |
| 2019 | -6.0% | -5.8% | +5.3% |
| 2018 | +8.1% | +12.1% | -2.7% |
| 2017 | +37.7% | +38.4% | +25.5% |
| 2016 | -1.2% | +79.4% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Common Fund Of The Heartland 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 Common Fund Of The Heartland 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $216K, with expenses exceeding revenue.
Frequently Asked Questions about Common Fund Of The Heartland
Is Common Fund Of The Heartland a legitimate charity?
Based on AI analysis of IRS 990 filings, Common Fund Of The Heartland (EIN: 474023495) insufficient data. 0 red flags identified, 0 strengths noted.
How does Common Fund Of The Heartland spend its money?
Detailed spending breakdown data is not yet available for Common Fund Of The Heartland. Check back for updated IRS 990 analysis.
Are donations to Common Fund Of The Heartland tax-deductible?
Common Fund Of The Heartland is registered as a tax-exempt nonprofit (EIN: 474023495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Common Fund Of The Heartland located?
Common Fund Of The Heartland is headquartered in Omaha, Nebraska and files with the IRS under EIN 474023495. It is classified under NTEE code P60.
How many years of IRS 990 filings does Common Fund Of The Heartland have?
Common Fund Of The Heartland 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. The most recent filing shows $289K in total revenue.
Filing History
IRS 990 filing history for Common Fund Of The Heartland showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2020), Common Fund Of The Heartland's revenue has declined by 37.4%, moving from $462K to $289K. Total assets decreased by 61.2% over the same period, from $232K to $90K. Total functional expenses rose by 113.4%, from $237K to $505K. In its most recent filing year (2020), Common Fund Of The Heartland reported a deficit of $216K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $289K | $505K | $90K | $0 | — | View 990 |
| 2019 | $640K | $620K | $331K | $26K | — | View 990 |
| 2018 | $680K | $659K | $315K | $28K | — | View 990 |
| 2017 | $629K | $588K | $323K | $17K | — | View 990 |
| 2016 | $457K | $425K | $258K | $0 | — | View 990 |
| 2015 | $462K | $237K | $232K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $289K, expenses of $505K, and assets of $90K (revenue -54.8% year-over-year).
- 2019: Revenue of $640K, expenses of $620K, and assets of $331K (revenue -6.0% year-over-year).
- 2018: Revenue of $680K, expenses of $659K, and assets of $315K (revenue +8.1% year-over-year).
- 2017: Revenue of $629K, expenses of $588K, and assets of $323K (revenue +37.7% year-over-year).
- 2016: Revenue of $457K, expenses of $425K, and assets of $258K (revenue -1.2% year-over-year).
- 2015: Revenue of $462K, expenses of $237K, and assets of $232K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Common Fund Of The Heartland:
Data Sources and Methodology
This transparency report for Common Fund Of The Heartland 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.