Hap Senior Care Inc Dba Beaver Mead
EIN: 251840419 · Beaver, PA · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $4.1M |
| Net Assets | $1.2M |
Is Hap Senior Care Inc Dba Beaver Mead Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hap Senior Care Inc Dba Beaver Mead
Hap Senior Care Inc Dba Beaver Mead (EIN: 251840419) is a nonprofit organization based in Beaver, PA, classified under NTEE code L22. The organization reported total revenue of $4.0M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hap Senior Care Inc Dba Beaver Mead's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hap Senior Care Inc Dba Beaver Mead is a mid-size nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $4.1M |
| Surplus / Deficit | $-225,087 |
| Total Assets | $2.0M |
| Total Liabilities | $817K |
| Net Assets | $1.2M |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 40.5% |
| Months of Reserves | 5.9 months |
Financial Health Grade: B
In 2023, Hap Senior Care Inc Dba Beaver Mead reported a deficit of $225K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 40.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Hap Senior Care Inc Dba Beaver Mead's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | -3.0% | +2.3% |
| 2022 | -17.5% | -8.4% | -15.0% |
| 2021 | +13.3% | +19.9% | -59.2% |
| 2020 | -9.7% | -12.2% | +0.3% |
| 2019 | +5.0% | +18.0% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hap Senior Care Inc Dba Beaver Mead 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 Hap Senior Care Inc Dba Beaver Mead 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.
- Debt-to-asset ratio: 40.5%.
Frequently Asked Questions about Hap Senior Care Inc Dba Beaver Mead
Is Hap Senior Care Inc Dba Beaver Mead a legitimate charity?
Based on AI analysis of IRS 990 filings, Hap Senior Care Inc Dba Beaver Mead (EIN: 251840419) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hap Senior Care Inc Dba Beaver Mead spend its money?
Detailed spending breakdown data is not yet available for Hap Senior Care Inc Dba Beaver Mead. Check back for updated IRS 990 analysis.
Are donations to Hap Senior Care Inc Dba Beaver Mead tax-deductible?
Hap Senior Care Inc Dba Beaver Mead is registered as a tax-exempt nonprofit (EIN: 251840419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hap Senior Care Inc Dba Beaver Mead located?
Hap Senior Care Inc Dba Beaver Mead is headquartered in Beaver, Pennsylvania and files with the IRS under EIN 251840419. It is classified under NTEE code L22.
How many years of IRS 990 filings does Hap Senior Care Inc Dba Beaver Mead have?
Hap Senior Care Inc Dba Beaver Mead has 14 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 $4.0M in total revenue.
Filing History
IRS 990 filing history for Hap Senior Care Inc Dba Beaver Mead showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Hap Senior Care Inc Dba Beaver Mead's revenue has grown by 45.6%, moving from $2.7M to $3.9M. Total assets decreased by 49.8% over the same period, from $4.0M to $2.0M. Total functional expenses rose by 58.1%, from $2.6M to $4.1M. In its most recent filing year (2023), Hap Senior Care Inc Dba Beaver Mead reported a deficit of $225K, with expenses exceeding revenue. The organization holds $817K in liabilities against $2.0M in assets (debt-to-asset ratio: 40.5%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $4.1M | $2.0M | $817K | — | — |
| 2022 | $3.8M | $4.3M | $2.0M | $547K | — | View 990 |
| 2021 | $4.5M | $4.6M | $2.3M | $392K | — | View 990 |
| 2020 | $4.0M | $3.9M | $5.7M | $3.7M | — | View 990 |
| 2019 | $4.4M | $4.4M | $5.7M | $3.8M | — | View 990 |
| 2018 | $4.2M | $3.7M | $5.9M | $4.1M | — | View 990 |
| 2017 | $3.9M | $3.7M | $5.5M | $4.2M | — | View 990 |
| 2016 | $3.4M | $3.3M | $5.5M | $4.4M | — | View 990 |
| 2015 | $1.5M | $1.6M | $5.6M | $4.5M | — | View 990 |
| 2015 | $5.7M | $2.9M | $5.8M | $4.4M | — | View 990 |
| 2014 | $2.9M | $2.8M | $3.4M | $4.8M | — | View 990 |
| 2013 | $2.8M | $2.8M | $3.6M | $5.0M | — | View 990 |
| 2012 | $2.8M | $2.9M | $3.8M | $5.5M | — | View 990 |
| 2011 | $2.7M | $2.6M | $4.0M | $5.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $4.1M, and assets of $2.0M (revenue +4.0% year-over-year).
- 2022: Revenue of $3.8M, expenses of $4.3M, and assets of $2.0M (revenue -17.5% year-over-year).
- 2021: Revenue of $4.5M, expenses of $4.6M, and assets of $2.3M (revenue +13.3% year-over-year).
- 2020: Revenue of $4.0M, expenses of $3.9M, and assets of $5.7M (revenue -9.7% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.4M, and assets of $5.7M (revenue +5.0% year-over-year).
- 2018: Revenue of $4.2M, expenses of $3.7M, and assets of $5.9M (revenue +9.7% year-over-year).
- 2017: Revenue of $3.9M, expenses of $3.7M, and assets of $5.5M (revenue +12.7% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.3M, and assets of $5.5M (revenue +129.0% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.6M, and assets of $5.6M (revenue -73.6% year-over-year).
- 2015: Revenue of $5.7M, expenses of $2.9M, and assets of $5.8M (revenue +94.8% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.8M, and assets of $3.4M (revenue +2.7% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.8M, and assets of $3.6M (revenue +2.5% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.9M, and assets of $3.8M (revenue +2.9% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.6M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hap Senior Care Inc Dba Beaver Mead:
Data Sources and Methodology
This transparency report for Hap Senior Care Inc Dba Beaver Mead 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.