Felege Hiywot Center Inc
Felege Hiywot Center Inc shows strong growth and zero executive compensation, directing all reported officer compensation to programs.
EIN: 200916223 · Indianapolis, IN · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $309K |
| Total Expenses | $832K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $2.3M |
| Transparency Score | 92/100 |
Is Felege Hiywot Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Felege Hiywot Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Felege Hiywot Center Inc
Felege Hiywot Center Inc (EIN: 200916223) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code P60. The organization reported total revenue of $309K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Felege Hiywot Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Felege Hiywot Center Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $933K |
| Total Expenses | $832K |
| Surplus / Deficit | +$101K |
| Total Assets | $2.3M |
| Total Liabilities | $4K |
| Net Assets | $2.3M |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 33.7 months |
Financial Health Grade: A
In 2023, Felege Hiywot Center Inc reported a surplus of $101K with revenue exceeding expenses, holds 33.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Felege Hiywot Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.2% | +68.3% | +4.5% |
| 2022 | +13.7% | +39.7% | +75.5% |
| 2021 | +208.7% | +71.8% | +242.6% |
| 2020 | +113.5% | +6.7% | +168.9% |
| 2019 | -35.0% | -22.4% | -61.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Felege Hiywot Center Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Felege Hiywot Center Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $101K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with revenues exceeding $1 million in recent years and suggests a volunteer-led executive team or that compensation is covered by other means, which significantly boosts the organization's efficiency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Felege Hiywot Center Inc:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Significant growth in revenue and assets over recent years, demonstrating strong fundraising and financial management.
- Healthy asset-to-liability ratio, indicating strong financial stability.
- Positive net income in most recent years (e.g., $101,422 in 2023, $967,348 in 2022), allowing for reinvestment and growth.
- Strong program focus implied by zero executive compensation and overall financial trends.
Frequently Asked Questions about Felege Hiywot Center Inc
Is Felege Hiywot Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Felege Hiywot Center Inc (EIN: 200916223) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Felege Hiywot Center Inc spend its money?
Felege Hiywot Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Felege Hiywot Center Inc tax-deductible?
Felege Hiywot Center Inc is registered as a tax-exempt nonprofit (EIN: 200916223). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Felege Hiywot Center Inc CEO make?
Felege Hiywot Center Inc's highest-compensated officer earns $1 annually. The organization reported $309K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Felege Hiywot Center Inc's spending goes to programs?
Felege Hiywot Center Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Felege Hiywot Center Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Felege Hiywot Center Inc is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Felege Hiywot Center Inc located?
Felege Hiywot Center Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 200916223. It is classified under NTEE code P60.
How many years of IRS 990 filings does Felege Hiywot Center Inc have?
Felege Hiywot Center Inc has 13 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 $309K in total revenue.
Is Felege Hiywot Center Inc a good charity?
Based on the available financial data, Felege Hiywot Center Inc appears to be a very good charity. It demonstrates strong financial growth, healthy asset-to-liability ratios, and a remarkable commitment to directing all resources to its mission by reporting 0% officer compensation.
How has the organization's financial health changed over time?
The organization has experienced significant financial growth, with revenues increasing from $195,083 in 2019 to $933,143 in 2023, and assets growing from $138,527 to $2,338,458 in the same period. This indicates a strong upward trend in financial health and capacity.
What is the organization's approach to executive compensation?
Felege Hiywot Center Inc reports 0% officer compensation in all available filings, suggesting a highly efficient model where executive leadership is either volunteer-based or compensated through other non-organizational means, ensuring funds are maximized for programs.
Are there any concerns regarding the organization's liabilities?
While liabilities have fluctuated, they remain very low relative to assets. For instance, in 2023, liabilities were $3,632 against assets of $2,338,458, indicating a very strong financial position with minimal debt burden.
How efficient is Felege Hiywot Center Inc with its spending?
The organization appears highly efficient, especially given the 0% officer compensation reported. This suggests that a very high proportion of its expenses are directed towards program activities, maximizing the impact of donor contributions.
Filing History
IRS 990 filing history for Felege Hiywot Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Felege Hiywot Center Inc's revenue has grown by 978.9%, moving from $86K to $933K. Total assets increased by 2238% over the same period, from $100K to $2.3M. Total functional expenses rose by 1154%, from $66K to $832K. In its most recent filing year (2023), Felege Hiywot Center Inc reported a surplus of $101K, with revenue exceeding expenses. The organization holds $4K in liabilities against $2.3M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $933K | $832K | $2.3M | $4K | — | — |
| 2022 | $1.5M | $494K | $2.2M | $6K | — | View 990 |
| 2021 | $1.3M | $354K | $1.3M | $11K | — | View 990 |
| 2020 | $416K | $206K | $372K | $39K | — | View 990 |
| 2019 | $195K | $193K | $139K | $16K | — | View 990 |
| 2018 | $300K | $249K | $357K | $23K | — | View 990 |
| 2017 | $368K | $218K | $377K | $25K | — | View 990 |
| 2016 | $168K | $170K | $123K | $35K | — | View 990 |
| 2015 | $167K | $155K | $119K | $29K | — | View 990 |
| 2014 | $90K | $102K | $109K | $32K | — | View 990 |
| 2013 | $102K | $96K | $109K | $34K | — | View 990 |
| 2012 | $106K | $84K | $122K | $36K | — | View 990 |
| 2011 | $86K | $66K | $100K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $933K, expenses of $832K, and assets of $2.3M (revenue -36.2% year-over-year).
- 2022: Revenue of $1.5M, expenses of $494K, and assets of $2.2M (revenue +13.7% year-over-year).
- 2021: Revenue of $1.3M, expenses of $354K, and assets of $1.3M (revenue +208.7% year-over-year).
- 2020: Revenue of $416K, expenses of $206K, and assets of $372K (revenue +113.5% year-over-year).
- 2019: Revenue of $195K, expenses of $193K, and assets of $139K (revenue -35.0% year-over-year).
- 2018: Revenue of $300K, expenses of $249K, and assets of $357K (revenue -18.5% year-over-year).
- 2017: Revenue of $368K, expenses of $218K, and assets of $377K (revenue +119.2% year-over-year).
- 2016: Revenue of $168K, expenses of $170K, and assets of $123K (revenue +0.3% year-over-year).
- 2015: Revenue of $167K, expenses of $155K, and assets of $119K (revenue +86.6% year-over-year).
- 2014: Revenue of $90K, expenses of $102K, and assets of $109K (revenue -12.4% year-over-year).
- 2013: Revenue of $102K, expenses of $96K, and assets of $109K (revenue -3.5% year-over-year).
- 2012: Revenue of $106K, expenses of $84K, and assets of $122K (revenue +22.6% year-over-year).
- 2011: Revenue of $86K, expenses of $66K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Felege Hiywot Center Inc:
Data Sources and Methodology
This transparency report for Felege Hiywot Center Inc 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.