Fort Wayne Hurricanes Inc
Fort Wayne Hurricanes Inc shows consistent revenue growth and zero officer compensation, indicating strong financial stewardship.
EIN: 200618822 · Fort Wayne, IN · NTEE: O990 · Updated: 2026-03-28
Is Fort Wayne Hurricanes Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fort Wayne Hurricanes Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fort Wayne Hurricanes Inc
Fort Wayne Hurricanes Inc (EIN: 200618822) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code O990. The organization reported total revenue of $123K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Wayne Hurricanes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fort Wayne Hurricanes Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Fort Wayne Hurricanes Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported at 0% for both 2022 and 2023, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable for an organization of its size, ensuring that all funds are directed towards its programs and operational needs.
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 Fort Wayne Hurricanes Inc:
- Consistent revenue growth from $90,195 in 2022 to $98,361 in 2023.
- Zero reported liabilities in both 2022 and 2023 filings, indicating strong financial health.
- 0% officer compensation reported for both periods, suggesting volunteer leadership and efficient use of funds.
- Expenses are closely aligned with revenues, demonstrating efficient spending ($95,995 expenses vs $98,361 revenue in 2023).
Frequently Asked Questions about Fort Wayne Hurricanes Inc
Is Fort Wayne Hurricanes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fort Wayne Hurricanes Inc (EIN: 200618822) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Fort Wayne Hurricanes Inc spend its money?
Fort Wayne Hurricanes Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fort Wayne Hurricanes Inc tax-deductible?
Fort Wayne Hurricanes Inc is registered as a tax-exempt nonprofit (EIN: 200618822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Fort Wayne Hurricanes Inc a good charity?
Based on the available IRS 990 data, Fort Wayne Hurricanes Inc appears to be a well-managed charity. It demonstrates consistent revenue, no liabilities, and zero officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has Fort Wayne Hurricanes Inc's revenue changed over time?
Fort Wayne Hurricanes Inc has shown positive revenue growth, increasing from $90,195 in 2022 to $98,361 in 2023.
Does Fort Wayne Hurricanes Inc have any debt?
No, the organization reported $0 in liabilities for both the 2022 and 2023 filing periods, indicating it operates debt-free.
Filing History
IRS 990 filing history for Fort Wayne Hurricanes Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Fort Wayne Hurricanes Inc's revenue has grown by 9.1%, moving from $90K to $98K. Total assets increased by 14.8% over the same period, from $16K to $18K. Total functional expenses rose by 12.1%, from $86K to $96K. In its most recent filing year (2023), Fort Wayne Hurricanes Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $96K | $18K | $0 | — | — |
| 2022 | $90K | $86K | $16K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Fort Wayne Hurricanes 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.