Habersham Community Theater Inc
EIN: 581532338 · Clarkesville, GA
Is Habersham Community Theater Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Habersham Community Theater Inc
Habersham Community Theater Inc (EIN: 581532338) is a nonprofit organization based in Clarkesville, GA. The organization reported total revenue of $247K and total assets of $585K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Habersham Community Theater Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Habersham Community Theater Inc is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $190K |
| Total Expenses | $158K |
| Surplus / Deficit | +$32K |
| Total Assets | $497K |
| Total Liabilities | $44K |
| Net Assets | $453K |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 37.7 months |
Financial Health Grade: A
In 2023, Habersham Community Theater Inc reported a surplus of $32K with revenue exceeding expenses, holds 37.7 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Habersham Community Theater Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | -2.1% | +12.3% |
| 2022 | +285.9% | +129.1% | +9.6% |
| 2021 | -45.3% | -34.8% | -7.3% |
| 2020 | -27.3% | +11.2% | -10.8% |
| 2019 | -1.4% | -14.8% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Habersham Community Theater 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 Habersham Community Theater 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 $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.8%.
Frequently Asked Questions about Habersham Community Theater Inc
Is Habersham Community Theater Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Habersham Community Theater Inc (EIN: 581532338) insufficient data. 0 red flags identified, 0 strengths noted.
How does Habersham Community Theater Inc spend its money?
Detailed spending breakdown data is not yet available for Habersham Community Theater Inc. Check back for updated IRS 990 analysis.
Are donations to Habersham Community Theater Inc tax-deductible?
Habersham Community Theater Inc is registered as a tax-exempt nonprofit (EIN: 581532338). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Habersham Community Theater Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Habersham Community Theater Inc's revenue has grown by 107.6%, moving from $92K to $190K. Total assets increased by 35% over the same period, from $368K to $497K. Total functional expenses rose by 103.2%, from $78K to $158K. In its most recent filing year (2023), Habersham Community Theater Inc reported a surplus of $32K, with revenue exceeding expenses. The organization holds $44K in liabilities against $497K in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $453K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $190K | $158K | $497K | $44K | — | View 990 |
| 2022 | $183K | $161K | $442K | $21K | — | View 990 |
| 2021 | $47K | $70K | $403K | $6K | — | View 990 |
| 2020 | $87K | $108K | $435K | $15K | — | View 990 |
| 2019 | $119K | $97K | $488K | $46K | — | View 990 |
| 2018 | $121K | $114K | $441K | $30K | — | View 990 |
| 2017 | $115K | $84K | $405K | $0 | — | View 990 |
| 2016 | $100K | $96K | $387K | $13K | — | View 990 |
| 2015 | $108K | $83K | $381K | $15K | — | View 990 |
| 2014 | $158K | $89K | $353K | $12K | — | View 990 |
| 2013 | $98K | $86K | $367K | $94K | — | View 990 |
| 2012 | $87K | $68K | $379K | $109K | — | View 990 |
| 2011 | $92K | $78K | $368K | $122K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $190K, expenses of $158K, and assets of $497K (revenue +3.9% year-over-year).
- 2022: Revenue of $183K, expenses of $161K, and assets of $442K (revenue +285.9% year-over-year).
- 2021: Revenue of $47K, expenses of $70K, and assets of $403K (revenue -45.3% year-over-year).
- 2020: Revenue of $87K, expenses of $108K, and assets of $435K (revenue -27.3% year-over-year).
- 2019: Revenue of $119K, expenses of $97K, and assets of $488K (revenue -1.4% year-over-year).
- 2018: Revenue of $121K, expenses of $114K, and assets of $441K (revenue +4.7% year-over-year).
- 2017: Revenue of $115K, expenses of $84K, and assets of $405K (revenue +15.4% year-over-year).
- 2016: Revenue of $100K, expenses of $96K, and assets of $387K (revenue -7.4% year-over-year).
- 2015: Revenue of $108K, expenses of $83K, and assets of $381K (revenue -31.6% year-over-year).
- 2014: Revenue of $158K, expenses of $89K, and assets of $353K (revenue +61.3% year-over-year).
- 2013: Revenue of $98K, expenses of $86K, and assets of $367K (revenue +12.0% year-over-year).
- 2012: Revenue of $87K, expenses of $68K, and assets of $379K (revenue -4.6% year-over-year).
- 2011: Revenue of $92K, expenses of $78K, and assets of $368K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Habersham Community Theater Inc:
Data Sources and Methodology
This transparency report for Habersham Community Theater 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.