H A B E S H A Inc
H A B E S H A Inc shows strong asset growth and no executive compensation, despite a recent operating deficit.
EIN: 20536428 · Redan, GA · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $504K |
| Total Expenses | $357K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500,000 |
| Net Assets | $958K |
| Transparency Score | 92/100 |
Is H A B E S H A Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
H A B E S H A Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About H A B E S H A Inc
H A B E S H A Inc (EIN: 20536428) is a nonprofit organization based in Redan, GA, classified under NTEE code O50. The organization reported total revenue of $504K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H A B E S H A Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
H A B E S H A Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $357K |
| Surplus / Deficit | $-84,929 |
| Total Assets | $963K |
| Total Liabilities | $5K |
| Net Assets | $958K |
| Operating Margin | -31.3% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 32.4 months |
Financial Health Grade: B
In 2023, H A B E S H A Inc reported a deficit of $85K with expenses exceeding revenue, holds 32.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), H A B E S H A Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.5% | +7.7% | -8.5% |
| 2022 | -35.5% | +15.1% | +8.9% |
| 2021 | +27.7% | -17.2% | +56.4% |
| 2020 | -18.8% | -19.5% | +16.7% |
| 2019 | +24.1% | +19.9% | +108.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 H A B E S H A 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, H A B E S H A Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $85K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
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 of its size with over $500,000 in latest revenue and over $1 million in assets, suggesting a volunteer-led or externally funded leadership structure.
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.
Red Flags
The following concerns were identified during AI analysis of H A B E S H A Inc's IRS 990 filings:
- Operating deficit in the latest filing period (202312), with expenses ($356,546) exceeding revenue ($271,617).
Strengths
The following positive indicators were identified for H A B E S H A Inc:
- Consistent asset growth, reaching $963,469 in 202312 from $1 in 201412.
- 0% officer compensation reported across all 13 filings, indicating high program efficiency and dedication.
- Low liabilities relative to assets, such as $5,073 in 202312 compared to $963,469 in assets.
- Strong revenue generation in previous years, peaking at $643,288 in 202112.
Frequently Asked Questions about H A B E S H A Inc
Is H A B E S H A Inc a legitimate charity?
H A B E S H A Inc (EIN: 20536428) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $504K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does H A B E S H A Inc spend its money?
H A B E S H A Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to H A B E S H A Inc tax-deductible?
H A B E S H A Inc is registered as a tax-exempt nonprofit (EIN: 20536428). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the H A B E S H A Inc CEO make?
H A B E S H A Inc's highest-compensated officer earns $500,000 annually. The organization reported $504K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of H A B E S H A Inc's spending goes to programs?
H A B E S H A Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does H A B E S H A Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), H A B E S H A Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is H A B E S H A Inc located?
H A B E S H A Inc is headquartered in Redan, Georgia and files with the IRS under EIN 20536428. It is classified under NTEE code O50.
How many years of IRS 990 filings does H A B E S H A Inc have?
H A B E S H A 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 $504K in total revenue.
Is H A B E S H A Inc a good charity?
Based on the available data, H A B E S H A Inc appears to be a good charity. It demonstrates strong financial health with growing assets, very low liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings. While the latest year showed an operating deficit, the overall trend indicates responsible financial management and a high program focus.
How has H A B E S H A Inc's financial health changed over time?
H A B E S H A Inc has shown significant financial growth over time. Assets have increased dramatically from $1 in 201412 to $963,469 in 202312. Revenue has also grown substantially, from $156,484 in 201412 to a peak of $643,288 in 202112, though it has fluctuated in recent years.
What is H A B E S H A Inc's approach to executive compensation?
H A B E S H A Inc reports 0% officer compensation in all available IRS 990 filings. This indicates a strong commitment to directing all financial resources towards its programs and operations, rather than executive salaries, which is a rare and positive indicator of efficiency.
Filing History
IRS 990 filing history for H A B E S H A Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), H A B E S H A Inc's revenue has grown by 134.7%, moving from $116K to $272K. Total assets increased by 8746.5% over the same period, from $11K to $963K. Total functional expenses rose by 206.5%, from $116K to $357K. In its most recent filing year (2023), H A B E S H A Inc reported a deficit of $85K, with expenses exceeding revenue. The organization holds $5K in liabilities against $963K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $958K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $357K | $963K | $5K | — | — |
| 2022 | $415K | $331K | $1.1M | $10K | — | View 990 |
| 2021 | $643K | $288K | $967K | $7K | — | View 990 |
| 2020 | $504K | $347K | $618K | $18K | — | View 990 |
| 2019 | $621K | $432K | $530K | $86K | — | View 990 |
| 2018 | $500K | $360K | $254K | $0 | — | View 990 |
| 2017 | $331K | $237K | $114K | $0 | — | View 990 |
| 2016 | $198K | $186K | $37K | $0 | — | View 990 |
| 2015 | $148K | $124K | $25K | $0 | — | View 990 |
| 2014 | $156K | $58K | $1 | $0 | — | View 990 |
| 2013 | $49K | $51K | $47K | $0 | — | View 990 |
| 2012 | $204K | $157K | $49K | $0 | — | View 990 |
| 2011 | $116K | $116K | $11K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $357K, and assets of $963K (revenue -34.5% year-over-year).
- 2022: Revenue of $415K, expenses of $331K, and assets of $1.1M (revenue -35.5% year-over-year).
- 2021: Revenue of $643K, expenses of $288K, and assets of $967K (revenue +27.7% year-over-year).
- 2020: Revenue of $504K, expenses of $347K, and assets of $618K (revenue -18.8% year-over-year).
- 2019: Revenue of $621K, expenses of $432K, and assets of $530K (revenue +24.1% year-over-year).
- 2018: Revenue of $500K, expenses of $360K, and assets of $254K (revenue +51.1% year-over-year).
- 2017: Revenue of $331K, expenses of $237K, and assets of $114K (revenue +67.0% year-over-year).
- 2016: Revenue of $198K, expenses of $186K, and assets of $37K (revenue +33.7% year-over-year).
- 2015: Revenue of $148K, expenses of $124K, and assets of $25K (revenue -5.2% year-over-year).
- 2014: Revenue of $156K, expenses of $58K, and assets of $1 (revenue +219.4% year-over-year).
- 2013: Revenue of $49K, expenses of $51K, and assets of $47K (revenue -76.0% year-over-year).
- 2012: Revenue of $204K, expenses of $157K, and assets of $49K (revenue +76.2% year-over-year).
- 2011: Revenue of $116K, expenses of $116K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for H A B E S H A Inc:
Data Sources and Methodology
This transparency report for H A B E S H A 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.