H E L P Development Corp
H E L P Development Corp consistently reports 0% officer compensation and maintains substantial assets with expenses significantly lower than revenue.
EIN: 133892553 · New York, NY · NTEE: P85 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.9M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $36.2M |
| Transparency Score | 85/100 |
Is H E L P Development Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
H E L P Development Corp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About H E L P Development Corp
H E L P Development Corp (EIN: 133892553) is a nonprofit organization based in New York, NY, classified under NTEE code P85. The organization reported total revenue of $10.9M and total assets of $52.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H E L P Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
H E L P Development Corp is a large nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.7M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$6.1M |
| Total Assets | $48.0M |
| Total Liabilities | $11.8M |
| Net Assets | $36.2M |
| Operating Margin | 79.6% |
| Debt-to-Asset Ratio | 24.5% |
| Months of Reserves | 366.4 months |
Financial Health Grade: A
In 2023, H E L P Development Corp reported a surplus of $6.1M with revenue exceeding expenses, holds 366.4 months of operating reserves (strong position), has a debt-to-asset ratio of 24.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), H E L P Development Corp's revenue has grown at a compound annual growth rate (CAGR) of 17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +163.7% | -9.4% | -34.6% |
| 2022 | -41.4% | +21.0% | +131.7% |
| 2021 | +22.0% | -1.6% | +2.5% |
| 2020 | +25.3% | +4.0% | +36.3% |
| 2019 | -32.5% | +5.9% | +15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 E L P Development Corp with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, H E L P Development Corp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $6.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.5%.
Executive Compensation Analysis
H E L P Development Corp consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with assets exceeding $50 million and annual revenues in the millions. This suggests either a volunteer executive leadership or that compensation is handled through a related entity, warranting further investigation for complete transparency.
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 E L P Development Corp's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, which may obscure actual executive remuneration if paid by a related entity.
- Significant fluctuations in annual revenue without clear explanation in public filings.
- Expenses consistently much lower than revenue, indicating substantial accumulation of assets or reserves rather than immediate program spending.
Strengths
The following positive indicators were identified for H E L P Development Corp:
- Strong asset growth, reaching $52,869,525, indicating financial stability and capacity.
- Consistently low expense ratios relative to revenue, suggesting efficient operations or strategic asset building.
- Positive net assets (Assets minus Liabilities) in all reported periods, demonstrating financial solvency.
Frequently Asked Questions about H E L P Development Corp
Is H E L P Development Corp a legitimate charity?
H E L P Development Corp (EIN: 133892553) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $10.9M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does H E L P Development Corp spend its money?
H E L P Development Corp directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to H E L P Development Corp tax-deductible?
H E L P Development Corp is registered as a tax-exempt nonprofit (EIN: 133892553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the H E L P Development Corp CEO make?
H E L P Development Corp's highest-compensated officer earns $50 annually. The organization reported $10.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of H E L P Development Corp's spending goes to programs?
H E L P Development Corp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does H E L P Development Corp compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), H E L P Development Corp is above average for NTEE category P85 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is H E L P Development Corp located?
H E L P Development Corp is headquartered in New York, New York and files with the IRS under EIN 133892553. It is classified under NTEE code P85.
How many years of IRS 990 filings does H E L P Development Corp have?
H E L P Development Corp 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 $10.9M in total revenue.
How does H E L P Development Corp manage to report 0% officer compensation despite its size?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with assets over $50 million. This could indicate that executive leadership is entirely volunteer, compensated by a related entity, or that compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which would require further clarification.
What is the primary reason for the significant fluctuations in annual revenue?
Revenue has varied significantly, from a low of $1,909,800 in 2015 to a high of $7,686,833 in 2023, with a notable dip in 2022 to $2,914,915. Without more detailed financial statements, it's difficult to pinpoint the exact causes, but it could be due to grant cycles, specific project funding, or changes in service contracts.
Why are expenses consistently much lower than revenue?
In many periods, such as 2023 (Expenses $1,571,139 vs. Revenue $7,686,833) and 2021 (Expenses $1,433,219 vs. Revenue $4,977,453), expenses are significantly lower than revenue. This suggests that a substantial portion of the revenue is being retained, invested, or used to build assets rather than being spent on immediate operational or programmatic activities.
Filing History
IRS 990 filing history for H E L P Development Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), H E L P Development Corp's revenue has grown by 557.4%, moving from $1.2M to $7.7M. Total assets increased by 924.3% over the same period, from $4.7M to $48.0M. Total functional expenses rose by 53%, from $1.0M to $1.6M. In its most recent filing year (2023), H E L P Development Corp reported a surplus of $6.1M, with revenue exceeding expenses. The organization holds $11.8M in liabilities against $48.0M in assets (debt-to-asset ratio: 24.5%), resulting in net assets of $36.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.7M | $1.6M | $48.0M | $11.8M | — | — |
| 2022 | $2.9M | $1.7M | $73.3M | $54.5M | — | View 990 |
| 2021 | $5.0M | $1.4M | $31.6M | $14.4M | — | View 990 |
| 2020 | $4.1M | $1.5M | $30.9M | $17.2M | — | View 990 |
| 2019 | $3.3M | $1.4M | $22.6M | $11.6M | — | View 990 |
| 2018 | $4.8M | $1.3M | $19.6M | $10.4M | — | View 990 |
| 2017 | $2.5M | $2.0M | $13.8M | $8.1M | — | View 990 |
| 2016 | $2.5M | $2.0M | $12.3M | $7.2M | — | View 990 |
| 2015 | $1.9M | $1.9M | $12.3M | $7.6M | — | View 990 |
| 2014 | $4.5M | $1.7M | $12.0M | $7.4M | — | View 990 |
| 2013 | $2.8M | $1.2M | $7.1M | $5.2M | — | View 990 |
| 2012 | $838K | $620K | $6.3M | $6.1M | — | View 990 |
| 2011 | $1.2M | $1.0M | $4.7M | $4.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.7M, expenses of $1.6M, and assets of $48.0M (revenue +163.7% year-over-year).
- 2022: Revenue of $2.9M, expenses of $1.7M, and assets of $73.3M (revenue -41.4% year-over-year).
- 2021: Revenue of $5.0M, expenses of $1.4M, and assets of $31.6M (revenue +22.0% year-over-year).
- 2020: Revenue of $4.1M, expenses of $1.5M, and assets of $30.9M (revenue +25.3% year-over-year).
- 2019: Revenue of $3.3M, expenses of $1.4M, and assets of $22.6M (revenue -32.5% year-over-year).
- 2018: Revenue of $4.8M, expenses of $1.3M, and assets of $19.6M (revenue +92.8% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.0M, and assets of $13.8M (revenue +1.4% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.0M, and assets of $12.3M (revenue +29.2% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $12.3M (revenue -57.4% year-over-year).
- 2014: Revenue of $4.5M, expenses of $1.7M, and assets of $12.0M (revenue +59.3% year-over-year).
- 2013: Revenue of $2.8M, expenses of $1.2M, and assets of $7.1M (revenue +236.2% year-over-year).
- 2012: Revenue of $838K, expenses of $620K, and assets of $6.3M (revenue -28.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.0M, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for H E L P Development Corp:
Data Sources and Methodology
This transparency report for H E L P Development Corp 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.