Hancock County Health System Foundation
EIN: 421481803 · Britt, IA · NTEE: E11
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $354K |
| Net Assets | $764K |
Is Hancock County Health System Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hancock County Health System Foundation
Hancock County Health System Foundation (EIN: 421481803) is a nonprofit organization based in Britt, IA, classified under NTEE code E11. The organization reported total revenue of $74K and total assets of $832K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hancock County Health System Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hancock County Health System Foundation is a micro nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $354K |
| Surplus / Deficit | $-225,348 |
| Total Assets | $764K |
| Net Assets | $764K |
| Operating Margin | -175.2% |
| Months of Reserves | 25.9 months |
Financial Health Grade: B
In 2023, Hancock County Health System Foundation reported a deficit of $225K with expenses exceeding revenue, holds 25.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hancock County Health System Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +190.2% | +991.3% | -22.8% |
| 2022 | -81.3% | +179.6% | +1.2% |
| 2021 | +452.3% | -54.3% | +30.0% |
| 2020 | -24.3% | -13.2% | +2.4% |
| 2019 | -0.1% | -57.3% | +4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hancock County Health System Foundation 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 County Health System Foundation 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 deficit of $225K, with expenses exceeding revenue.
Frequently Asked Questions about Hancock County Health System Foundation
Is Hancock County Health System Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hancock County Health System Foundation (EIN: 421481803) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hancock County Health System Foundation spend its money?
Detailed spending breakdown data is not yet available for Hancock County Health System Foundation. Check back for updated IRS 990 analysis.
Are donations to Hancock County Health System Foundation tax-deductible?
Hancock County Health System Foundation is registered as a tax-exempt nonprofit (EIN: 421481803). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hancock County Health System Foundation located?
Hancock County Health System Foundation is headquartered in Britt, Iowa and files with the IRS under EIN 421481803. It is classified under NTEE code E11.
How many years of IRS 990 filings does Hancock County Health System Foundation have?
Hancock County Health System Foundation 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 $74K in total revenue.
Filing History
IRS 990 filing history for Hancock County Health System Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hancock County Health System Foundation's revenue has grown by 34.4%, moving from $96K to $129K. Total assets increased by 32.7% over the same period, from $576K to $764K. Total functional expenses rose by 1049.2%, from $31K to $354K. In its most recent filing year (2023), Hancock County Health System Foundation reported a deficit of $225K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $354K | $764K | $0 | — | View 990 |
| 2022 | $44K | $32K | $989K | $0 | — | View 990 |
| 2021 | $237K | $12K | $978K | $0 | — | — |
| 2020 | $43K | $25K | $752K | $0 | — | View 990 |
| 2019 | $57K | $29K | $734K | $0 | — | View 990 |
| 2018 | $57K | $69K | $700K | $0 | — | View 990 |
| 2017 | $57K | $32K | $692K | $0 | — | View 990 |
| 2016 | $52K | $105K | $640K | $0 | — | View 990 |
| 2015 | $42K | $27K | $688K | $886 | — | View 990 |
| 2014 | $50K | $53K | $663K | $0 | — | View 990 |
| 2013 | $88K | $43K | $642K | $0 | — | View 990 |
| 2012 | $56K | $63K | $570K | $0 | — | View 990 |
| 2011 | $96K | $31K | $576K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $129K, expenses of $354K, and assets of $764K (revenue +190.2% year-over-year).
- 2022: Revenue of $44K, expenses of $32K, and assets of $989K (revenue -81.3% year-over-year).
- 2021: Revenue of $237K, expenses of $12K, and assets of $978K (revenue +452.3% year-over-year).
- 2020: Revenue of $43K, expenses of $25K, and assets of $752K (revenue -24.3% year-over-year).
- 2019: Revenue of $57K, expenses of $29K, and assets of $734K (revenue -0.1% year-over-year).
- 2018: Revenue of $57K, expenses of $69K, and assets of $700K (revenue +0.1% year-over-year).
- 2017: Revenue of $57K, expenses of $32K, and assets of $692K (revenue +10.3% year-over-year).
- 2016: Revenue of $52K, expenses of $105K, and assets of $640K (revenue +21.5% year-over-year).
- 2015: Revenue of $42K, expenses of $27K, and assets of $688K (revenue -15.2% year-over-year).
- 2014: Revenue of $50K, expenses of $53K, and assets of $663K (revenue -42.9% year-over-year).
- 2013: Revenue of $88K, expenses of $43K, and assets of $642K (revenue +57.7% year-over-year).
- 2012: Revenue of $56K, expenses of $63K, and assets of $570K (revenue -41.9% year-over-year).
- 2011: Revenue of $96K, expenses of $31K, and assets of $576K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hancock County Health System Foundation:
Data Sources and Methodology
This transparency report for Hancock County Health System Foundation 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.