Frank Hatch Community Youth Fund Inc
EIN: 453702614 · Castine, ME · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $93K |
| Net Assets | $210K |
Is Frank Hatch Community Youth Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Frank Hatch Community Youth Fund Inc
Frank Hatch Community Youth Fund Inc (EIN: 453702614) is a nonprofit organization based in Castine, ME, classified under NTEE code N60. The organization reported total revenue of $179K and total assets of $211K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frank Hatch Community Youth Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frank Hatch Community Youth Fund Inc is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $93K |
| Surplus / Deficit | +$26K |
| Total Assets | $210K |
| Net Assets | $210K |
| Operating Margin | 21.7% |
| Months of Reserves | 27.2 months |
Financial Health Grade: A
In 2023, Frank Hatch Community Youth Fund Inc reported a surplus of $26K with revenue exceeding expenses, holds 27.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Frank Hatch Community Youth Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.2% | +11.4% | +22.7% |
| 2022 | +8.3% | -2.9% | -13.7% |
| 2021 | +45.3% | +21.2% | -3.5% |
| 2020 | -38.3% | -24.8% | -4.4% |
| 2019 | +48.4% | +73.0% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Frank Hatch Community Youth Fund Inc 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 Frank Hatch Community Youth Fund Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
Frequently Asked Questions about Frank Hatch Community Youth Fund Inc
Is Frank Hatch Community Youth Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Frank Hatch Community Youth Fund Inc (EIN: 453702614) insufficient data. 0 red flags identified, 0 strengths noted.
How does Frank Hatch Community Youth Fund Inc spend its money?
Detailed spending breakdown data is not yet available for Frank Hatch Community Youth Fund Inc. Check back for updated IRS 990 analysis.
Are donations to Frank Hatch Community Youth Fund Inc tax-deductible?
Frank Hatch Community Youth Fund Inc is registered as a tax-exempt nonprofit (EIN: 453702614). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Frank Hatch Community Youth Fund Inc located?
Frank Hatch Community Youth Fund Inc is headquartered in Castine, Maine and files with the IRS under EIN 453702614. It is classified under NTEE code N60.
How many years of IRS 990 filings does Frank Hatch Community Youth Fund Inc have?
Frank Hatch Community Youth Fund Inc has 12 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 $179K in total revenue.
Filing History
IRS 990 filing history for Frank Hatch Community Youth Fund Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Frank Hatch Community Youth Fund Inc's revenue has declined by 24.5%, moving from $157K to $118K. Total assets increased by 37.7% over the same period, from $153K to $210K. Total functional expenses rose by 2013.6%, from $4K to $93K. In its most recent filing year (2023), Frank Hatch Community Youth Fund Inc reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $93K | $210K | $0 | — | — |
| 2022 | $78K | $83K | $171K | $0 | — | View 990 |
| 2021 | $72K | $86K | $198K | $0 | — | View 990 |
| 2020 | $50K | $71K | $206K | $0 | — | — |
| 2019 | $81K | $94K | $215K | $0 | — | View 990 |
| 2018 | $54K | $54K | $221K | $0 | — | View 990 |
| 2017 | $42K | $40K | $221K | $0 | — | View 990 |
| 2016 | $44K | $36K | $219K | $0 | — | View 990 |
| 2015 | $46K | $73K | $211K | $0 | — | View 990 |
| 2014 | $44K | $13K | $238K | $0 | — | View 990 |
| 2013 | $73K | $18K | $207K | $0 | — | View 990 |
| 2012 | $157K | $4K | $153K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $93K, and assets of $210K (revenue +51.2% year-over-year).
- 2022: Revenue of $78K, expenses of $83K, and assets of $171K (revenue +8.3% year-over-year).
- 2021: Revenue of $72K, expenses of $86K, and assets of $198K (revenue +45.3% year-over-year).
- 2020: Revenue of $50K, expenses of $71K, and assets of $206K (revenue -38.3% year-over-year).
- 2019: Revenue of $81K, expenses of $94K, and assets of $215K (revenue +48.4% year-over-year).
- 2018: Revenue of $54K, expenses of $54K, and assets of $221K (revenue +29.9% year-over-year).
- 2017: Revenue of $42K, expenses of $40K, and assets of $221K (revenue -4.5% year-over-year).
- 2016: Revenue of $44K, expenses of $36K, and assets of $219K (revenue -4.2% year-over-year).
- 2015: Revenue of $46K, expenses of $73K, and assets of $211K (revenue +2.9% year-over-year).
- 2014: Revenue of $44K, expenses of $13K, and assets of $238K (revenue -39.0% year-over-year).
- 2013: Revenue of $73K, expenses of $18K, and assets of $207K (revenue -53.5% year-over-year).
- 2012: Revenue of $157K, expenses of $4K, and assets of $153K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frank Hatch Community Youth Fund Inc:
Data Sources and Methodology
This transparency report for Frank Hatch Community Youth Fund 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.