H2 C Leadership Foundation Inc
H2 C Leadership Foundation Inc shows extreme revenue volatility and recent high liabilities despite zero officer compensation.
EIN: 203570036 · Ivyland, PA · NTEE: V23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $370K |
| Program Spending | 70% |
| Net Assets | $219K |
| Transparency Score | 60/100 |
Is H2 C Leadership Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
H2 C Leadership Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About H2 C Leadership Foundation Inc
H2 C Leadership Foundation Inc (EIN: 203570036) is a nonprofit organization based in Ivyland, PA, classified under NTEE code V23. The organization reported total revenue of $1.8M and total assets of $480K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H2 C Leadership Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
H2 C Leadership Foundation Inc is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -53.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $370K |
| Surplus / Deficit | $-369,763 |
| Total Assets | $870K |
| Total Liabilities | $651K |
| Net Assets | $219K |
| Operating Margin | -36976300.0% |
| Debt-to-Asset Ratio | 74.8% |
| Months of Reserves | 28.2 months |
Financial Health Grade: C
In 2023, H2 C Leadership Foundation Inc reported a deficit of $370K with expenses exceeding revenue, holds 28.2 months of operating reserves (strong position), has a debt-to-asset ratio of 74.8% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), H2 C Leadership Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -53.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | +10.8% | -15.0% |
| 2022 | +481.2% | +44.1% | +6.3% |
| 2021 | -95.3% | +2.8% | -13.0% |
| 2020 | +1311.9% | +170.8% | +8538.9% |
| 2019 | +4195.9% | +5909.2% | +15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 H2 C Leadership Foundation Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, H2 C Leadership Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $370K, with expenses exceeding revenue.
- Debt-to-asset ratio: 74.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable and suggests a strong commitment to directing resources towards its mission.
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 H2 C Leadership Foundation Inc's IRS 990 filings:
- Extreme revenue volatility, with revenue dropping to $1 in the 202312 filing.
- Significant increase in liabilities to $651,468 in 202312, representing a substantial portion of assets ($870,423).
- Operational deficit in 202312, with expenses ($369,764) far exceeding revenue ($1).
Strengths
The following positive indicators were identified for H2 C Leadership Foundation Inc:
- Consistent reporting of 0% officer compensation across all available filings.
- Demonstrated ability to raise significant funds in certain periods, such as $1.3 million in 2020.
Frequently Asked Questions about H2 C Leadership Foundation Inc
Is H2 C Leadership Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, H2 C Leadership Foundation Inc (EIN: 203570036) some concerns. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
How does H2 C Leadership Foundation Inc spend its money?
H2 C Leadership Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to H2 C Leadership Foundation Inc tax-deductible?
H2 C Leadership Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203570036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of H2 C Leadership Foundation Inc's spending goes to programs?
H2 C Leadership Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does H2 C Leadership Foundation Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), H2 C Leadership Foundation Inc is above average for NTEE category V23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is H2 C Leadership Foundation Inc located?
H2 C Leadership Foundation Inc is headquartered in Ivyland, Pennsylvania and files with the IRS under EIN 203570036. It is classified under NTEE code V23.
How many years of IRS 990 filings does H2 C Leadership Foundation Inc have?
H2 C Leadership Foundation Inc has 10 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 $1.8M in total revenue.
Why did revenue drop to $1 in the 202312 filing period?
The 202312 filing shows an extreme drop in reported revenue to $1, down from $358,751 in 202212 and $1,302,870 in 202012. This significant decrease warrants investigation into the organization's funding sources and reporting accuracy.
What caused the substantial increase in liabilities to $651,468 in 202312?
Liabilities increased dramatically from $81,148 in 202212 to $651,468 in 202312. This sudden surge in debt or obligations, especially with minimal revenue, is a significant financial concern.
How does the organization sustain operations with such volatile revenue and high liabilities?
Given the extreme fluctuations in revenue and the recent high liabilities, the long-term sustainability of H2 C Leadership Foundation Inc's operations is questionable without a clear explanation of its financial strategy.
Filing History
IRS 990 filing history for H2 C Leadership Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), H2 C Leadership Foundation Inc's revenue has declined by 100%, moving from $9K to $1. Total assets increased by 3812.4% over the same period, from $22K to $870K. Total functional expenses rose by 2727.6%, from $13K to $370K. In its most recent filing year (2023), H2 C Leadership Foundation Inc reported a deficit of $370K, with expenses exceeding revenue. The organization holds $651K in liabilities against $870K in assets (debt-to-asset ratio: 74.8%), resulting in net assets of $219K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $370K | $870K | $651K | — | View 990 |
| 2022 | $359K | $334K | $1.0M | $81K | — | View 990 |
| 2021 | $62K | $232K | $963K | $45K | — | View 990 |
| 2020 | $1.3M | $225K | $1.1M | $20K | — | — |
| 2019 | $92K | $83K | $13K | $3K | — | View 990 |
| 2015 | $2K | $1K | $11K | $1 | — | View 990 |
| 2014 | $3K | $185 | $10K | $1 | — | View 990 |
| 2013 | $87 | $13K | $7K | $1 | — | View 990 |
| 2012 | $51 | $2K | $20K | $1 | — | View 990 |
| 2011 | $9K | $13K | $22K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $370K, and assets of $870K (revenue -100.0% year-over-year).
- 2022: Revenue of $359K, expenses of $334K, and assets of $1.0M (revenue +481.2% year-over-year).
- 2021: Revenue of $62K, expenses of $232K, and assets of $963K (revenue -95.3% year-over-year).
- 2020: Revenue of $1.3M, expenses of $225K, and assets of $1.1M (revenue +1311.9% year-over-year).
- 2019: Revenue of $92K, expenses of $83K, and assets of $13K (revenue +4195.9% year-over-year).
- 2015: Revenue of $2K, expenses of $1K, and assets of $11K (revenue -30.4% year-over-year).
- 2014: Revenue of $3K, expenses of $185, and assets of $10K (revenue +3447.1% year-over-year).
- 2013: Revenue of $87, expenses of $13K, and assets of $7K (revenue +70.6% year-over-year).
- 2012: Revenue of $51, expenses of $2K, and assets of $20K (revenue -99.4% year-over-year).
- 2011: Revenue of $9K, expenses of $13K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for H2 C Leadership Foundation Inc:
Data Sources and Methodology
This transparency report for H2 C Leadership Foundation 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.