H Street Main Street Inc
EIN: 412059305 · Washington, DC · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $851K |
| Total Expenses | $1.2M |
| Net Assets | $638K |
Is H Street Main Street Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About H Street Main Street Inc
H Street Main Street Inc (EIN: 412059305) is a nonprofit organization based in Washington, DC, classified under NTEE code S31. The organization reported total revenue of $851K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H Street Main Street Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
H Street Main Street Inc is a small nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$288K |
| Total Assets | $1.1M |
| Total Liabilities | $497K |
| Net Assets | $638K |
| Operating Margin | 20.0% |
| Debt-to-Asset Ratio | 43.8% |
| Months of Reserves | 11.8 months |
Financial Health Grade: A
In 2023, H Street Main Street Inc reported a surplus of $288K with revenue exceeding expenses, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 43.8% (moderate leverage).
Financial Trends
Over 7 years of filings (2010–2023), H Street Main Street Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.6% | +20.9% | +37.1% |
| 2022 | +24.7% | +8.2% | +18.9% |
| 2021 | -2.1% | +1.8% | +11.5% |
| 2020 | -15.6% | -30.8% | +4.0% |
| 2019 | -10.6% | +5.7% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for H Street Main Street 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 H Street Main Street 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 $288K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.8%.
Frequently Asked Questions about H Street Main Street Inc
Is H Street Main Street Inc a legitimate charity?
H Street Main Street Inc (EIN: 412059305) is a registered tax-exempt nonprofit based in Washington DC. It has 7 years of IRS 990 filings on record. Total revenue: $851K. No red flags identified. Financial health grade: A.
How does H Street Main Street Inc spend its money?
H Street Main Street Inc reported $851K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to H Street Main Street Inc tax-deductible?
H Street Main Street Inc is registered as a tax-exempt nonprofit (EIN: 412059305). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is H Street Main Street Inc located?
H Street Main Street Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 412059305. It is classified under NTEE code S31.
How many years of IRS 990 filings does H Street Main Street Inc have?
H Street Main Street Inc has 7 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 $851K in total revenue.
Filing History
IRS 990 filing history for H Street Main Street Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2023), H Street Main Street Inc's revenue has grown by 227%, moving from $440K to $1.4M. Total assets increased by 151.9% over the same period, from $450K to $1.1M. Total functional expenses rose by 238.7%, from $340K to $1.2M. In its most recent filing year (2023), H Street Main Street Inc reported a surplus of $288K, with revenue exceeding expenses. The organization holds $497K in liabilities against $1.1M in assets (debt-to-asset ratio: 43.8%), resulting in net assets of $638K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.2M | $1.1M | $497K | — | — |
| 2022 | $1.1M | $952K | $828K | $398K | — | View 990 |
| 2021 | $903K | $880K | $696K | $321K | — | View 990 |
| 2020 | $923K | $865K | $624K | $273K | — | View 990 |
| 2019 | $1.1M | $1.3M | $600K | $307K | — | View 990 |
| 2018 | $1.2M | $1.2M | $655K | $205K | — | View 990 |
| 2010 | $440K | $340K | $450K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.2M, and assets of $1.1M (revenue +27.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $952K, and assets of $828K (revenue +24.7% year-over-year).
- 2021: Revenue of $903K, expenses of $880K, and assets of $696K (revenue -2.1% year-over-year).
- 2020: Revenue of $923K, expenses of $865K, and assets of $624K (revenue -15.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.3M, and assets of $600K (revenue -10.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $655K (revenue +177.8% year-over-year).
- 2010: Revenue of $440K, expenses of $340K, and assets of $450K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for H Street Main Street Inc:
Data Sources and Methodology
This transparency report for H Street Main Street 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.