Handi Wheels Transportation Inc
EIN: 450348910 · Fargo, ND · NTEE: P52Z
| Metric | Value |
|---|---|
| Total Revenue | $124K |
| Total Expenses | $162K |
| Net Assets | $-85,720 |
Is Handi Wheels Transportation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Handi Wheels Transportation Inc
Handi Wheels Transportation Inc (EIN: 450348910) is a nonprofit organization based in Fargo, ND, classified under NTEE code P52Z. The organization reported total revenue of $124K and total assets of $221K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Handi Wheels Transportation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Handi Wheels Transportation Inc is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $162K |
| Surplus / Deficit | $-48,528 |
| Total Assets | $172K |
| Total Liabilities | $258K |
| Net Assets | $-85,720 |
| Operating Margin | -42.7% |
| Debt-to-Asset Ratio | 149.8% |
| Months of Reserves | 12.7 months |
Financial Health Grade: C
In 2023, Handi Wheels Transportation Inc reported a deficit of $49K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 149.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Handi Wheels Transportation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.6% | -0.5% | +57.6% |
| 2022 | +5.2% | +0.7% | +5.8% |
| 2021 | +17.9% | +3.9% | +13.7% |
| 2020 | -34.1% | -35.6% | +396.2% |
| 2019 | +17.6% | +7.8% | -72.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Handi Wheels Transportation 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 Handi Wheels Transportation 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 deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 149.8%.
Frequently Asked Questions about Handi Wheels Transportation Inc
Is Handi Wheels Transportation Inc a legitimate charity?
Handi Wheels Transportation Inc (EIN: 450348910) is a registered tax-exempt nonprofit based in North Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $124K. No red flags identified. Financial health grade: C.
How does Handi Wheels Transportation Inc spend its money?
Handi Wheels Transportation Inc reported $124K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Handi Wheels Transportation Inc tax-deductible?
Handi Wheels Transportation Inc is registered as a tax-exempt nonprofit (EIN: 450348910). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Handi Wheels Transportation Inc located?
Handi Wheels Transportation Inc is headquartered in Fargo, North Dakota and files with the IRS under EIN 450348910. It is classified under NTEE code P52Z.
How many years of IRS 990 filings does Handi Wheels Transportation Inc have?
Handi Wheels Transportation Inc 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 $124K in total revenue.
Filing History
IRS 990 filing history for Handi Wheels Transportation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Handi Wheels Transportation Inc's revenue has declined by 43.2%, moving from $200K to $114K. Total assets increased by 145.5% over the same period, from $70K to $172K. Total functional expenses fell by 33%, from $242K to $162K. In its most recent filing year (2023), Handi Wheels Transportation Inc reported a deficit of $49K, with expenses exceeding revenue. The organization holds $258K in liabilities against $172K in assets (debt-to-asset ratio: 149.8%), resulting in net assets of $-85,720.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $114K | $162K | $172K | $258K | — | — |
| 2022 | $177K | $163K | $109K | $146K | — | View 990 |
| 2021 | $168K | $162K | $103K | $154K | — | View 990 |
| 2020 | $142K | $156K | $91K | $148K | — | — |
| 2019 | $216K | $242K | $18K | $51K | — | View 990 |
| 2018 | $184K | $224K | $65K | $88K | — | View 990 |
| 2017 | $188K | $244K | $58K | $41K | — | View 990 |
| 2016 | $211K | $259K | $109K | $36K | — | View 990 |
| 2015 | $229K | $226K | $133K | $12K | — | View 990 |
| 2014 | $205K | $188K | $130K | $11K | — | View 990 |
| 2013 | $244K | $195K | $112K | $11K | — | View 990 |
| 2012 | $236K | $219K | $69K | $17K | — | View 990 |
| 2011 | $200K | $242K | $70K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $114K, expenses of $162K, and assets of $172K (revenue -35.6% year-over-year).
- 2022: Revenue of $177K, expenses of $163K, and assets of $109K (revenue +5.2% year-over-year).
- 2021: Revenue of $168K, expenses of $162K, and assets of $103K (revenue +17.9% year-over-year).
- 2020: Revenue of $142K, expenses of $156K, and assets of $91K (revenue -34.1% year-over-year).
- 2019: Revenue of $216K, expenses of $242K, and assets of $18K (revenue +17.6% year-over-year).
- 2018: Revenue of $184K, expenses of $224K, and assets of $65K (revenue -2.4% year-over-year).
- 2017: Revenue of $188K, expenses of $244K, and assets of $58K (revenue -10.9% year-over-year).
- 2016: Revenue of $211K, expenses of $259K, and assets of $109K (revenue -7.7% year-over-year).
- 2015: Revenue of $229K, expenses of $226K, and assets of $133K (revenue +11.4% year-over-year).
- 2014: Revenue of $205K, expenses of $188K, and assets of $130K (revenue -16.0% year-over-year).
- 2013: Revenue of $244K, expenses of $195K, and assets of $112K (revenue +3.8% year-over-year).
- 2012: Revenue of $236K, expenses of $219K, and assets of $69K (revenue +17.6% year-over-year).
- 2011: Revenue of $200K, expenses of $242K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Handi Wheels Transportation Inc:
Data Sources and Methodology
This transparency report for Handi Wheels Transportation 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.