Hancock Community Development Corportation Inc
EIN: 582483735 · Athens, GA · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $979K |
| Total Expenses | $914K |
| Net Assets | $189K |
Is Hancock Community Development Corportation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hancock Community Development Corportation Inc
Hancock Community Development Corportation Inc (EIN: 582483735) is a nonprofit organization based in Athens, GA, classified under NTEE code S31. The organization reported total revenue of $979K and total assets of $189K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hancock Community Development Corportation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hancock Community Development Corportation Inc is a small nonprofit that has been operating for 6 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 19.4%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $979K |
| Total Expenses | $914K |
| Surplus / Deficit | +$65K |
| Total Assets | $189K |
| Net Assets | $189K |
| Operating Margin | 6.7% |
| Months of Reserves | 2.5 months |
Financial Health Grade: A
In 2017, Hancock Community Development Corportation Inc reported a surplus of $65K with revenue exceeding expenses, holds 2.5 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2011–2017), Hancock Community Development Corportation Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +13.6% | +14.7% | +68.6% |
| 2016 | +1.9% | -5.5% | +136.0% |
| 2015 | +41.9% | +48.5% | -2.6% |
| 2014 | -0.1% | -2.5% | +113.3% |
| 2013 | +14.9% | +7.3% | +181.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hancock Community Development Corportation 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 Hancock Community Development Corportation 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $65K, with revenue exceeding expenses.
Frequently Asked Questions about Hancock Community Development Corportation Inc
Is Hancock Community Development Corportation Inc a legitimate charity?
Hancock Community Development Corportation Inc (EIN: 582483735) is a registered tax-exempt nonprofit based in Georgia. It has 7 years of IRS 990 filings on record. Total revenue: $979K. No red flags identified. Financial health grade: A.
How does Hancock Community Development Corportation Inc spend its money?
Hancock Community Development Corportation Inc reported $979K 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 Hancock Community Development Corportation Inc tax-deductible?
Hancock Community Development Corportation Inc is registered as a tax-exempt nonprofit (EIN: 582483735). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hancock Community Development Corportation Inc located?
Hancock Community Development Corportation Inc is headquartered in Athens, Georgia and files with the IRS under EIN 582483735. It is classified under NTEE code S31.
How many years of IRS 990 filings does Hancock Community Development Corportation Inc have?
Hancock Community Development Corportation 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 $979K in total revenue.
Filing History
IRS 990 filing history for Hancock Community Development Corportation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Hancock Community Development Corportation Inc's revenue has grown by 190.1%, moving from $338K to $979K. Total assets increased by 449.1% over the same period, from $34K to $189K. Total functional expenses rose by 189.5%, from $316K to $914K. In its most recent filing year (2017), Hancock Community Development Corportation Inc reported a surplus of $65K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $979K | $914K | $189K | $0 | — | View 990 |
| 2016 | $862K | $797K | $112K | $5K | — | — |
| 2015 | $846K | $843K | $48K | $5K | — | View 990 |
| 2014 | $596K | $568K | $49K | $9K | — | View 990 |
| 2013 | $597K | $582K | $23K | $12K | — | View 990 |
| 2012 | $519K | $543K | $8K | $12K | — | View 990 |
| 2011 | $338K | $316K | $34K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $979K, expenses of $914K, and assets of $189K (revenue +13.6% year-over-year).
- 2016: Revenue of $862K, expenses of $797K, and assets of $112K (revenue +1.9% year-over-year).
- 2015: Revenue of $846K, expenses of $843K, and assets of $48K (revenue +41.9% year-over-year).
- 2014: Revenue of $596K, expenses of $568K, and assets of $49K (revenue -0.1% year-over-year).
- 2013: Revenue of $597K, expenses of $582K, and assets of $23K (revenue +14.9% year-over-year).
- 2012: Revenue of $519K, expenses of $543K, and assets of $8K (revenue +53.8% year-over-year).
- 2011: Revenue of $338K, expenses of $316K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hancock Community Development Corportation Inc:
Data Sources and Methodology
This transparency report for Hancock Community Development Corportation 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.