Hardee County Education Foundation Incorporated
EIN: 592969193 · Wauchula, FL
| Metric | Value |
|---|---|
| Total Revenue | $810K |
| Total Expenses | $830K |
| Net Assets | $9.1M |
Is Hardee County Education Foundation Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hardee County Education Foundation Incorporated
Hardee County Education Foundation Incorporated (EIN: 592969193) is a nonprofit organization based in Wauchula, FL. The organization reported total revenue of $810K and total assets of $9.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hardee County Education Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hardee County Education Foundation Incorporated is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $830K |
| Surplus / Deficit | +$237K |
| Total Assets | $9.1M |
| Total Liabilities | $32K |
| Net Assets | $9.1M |
| Operating Margin | 22.2% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 132.2 months |
Financial Health Grade: A
In 2023, Hardee County Education Foundation Incorporated reported a surplus of $237K with revenue exceeding expenses, holds 132.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hardee County Education Foundation Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +118.0% | +199.0% | +2.1% |
| 2022 | -51.6% | -45.6% | -6.4% |
| 2021 | -46.2% | +182.9% | +19.3% |
| 2020 | -69.9% | -7.3% | +26.5% |
| 2019 | +5521.3% | +110.1% | +2697.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hardee County Education Foundation Incorporated 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 Hardee County Education Foundation Incorporated 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 $237K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Hardee County Education Foundation Incorporated
Is Hardee County Education Foundation Incorporated a legitimate charity?
Hardee County Education Foundation Incorporated (EIN: 592969193) is a registered tax-exempt nonprofit based in Florida. It has 13 years of IRS 990 filings on record. Total revenue: $810K. No red flags identified. Financial health grade: A.
How does Hardee County Education Foundation Incorporated spend its money?
Hardee County Education Foundation Incorporated reported $810K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hardee County Education Foundation Incorporated tax-deductible?
Hardee County Education Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 592969193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hardee County Education Foundation Incorporated located?
Hardee County Education Foundation Incorporated is headquartered in Wauchula, Florida and files with the IRS under EIN 592969193.
How many years of IRS 990 filings does Hardee County Education Foundation Incorporated have?
Hardee County Education Foundation Incorporated 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 $810K in total revenue.
Filing History
IRS 990 filing history for Hardee County Education Foundation Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hardee County Education Foundation Incorporated's revenue has grown by 845.3%, moving from $113K to $1.1M. Total assets increased by 5016.9% over the same period, from $179K to $9.1M. Total functional expenses rose by 589.8%, from $120K to $830K. In its most recent filing year (2023), Hardee County Education Foundation Incorporated reported a surplus of $237K, with revenue exceeding expenses. The organization holds $32K in liabilities against $9.1M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $9.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $830K | $9.1M | $32K | — | View 990 |
| 2022 | $490K | $278K | $9.0M | $147K | — | View 990 |
| 2021 | $1.0M | $510K | $9.6M | $22K | — | View 990 |
| 2020 | $1.9M | $180K | $8.0M | $53K | — | View 990 |
| 2019 | $6.2M | $194K | $6.3M | $72K | — | View 990 |
| 2018 | $111K | $93K | $227K | $0 | — | View 990 |
| 2017 | $103K | $129K | $208K | $0 | — | View 990 |
| 2016 | $131K | $125K | $234K | $0 | — | View 990 |
| 2015 | $130K | $106K | $228K | $0 | — | View 990 |
| 2014 | $162K | $128K | $204K | $0 | — | View 990 |
| 2013 | $42K | $84K | $169K | $0 | — | View 990 |
| 2012 | $131K | $98K | $211K | $0 | — | View 990 |
| 2011 | $113K | $120K | $179K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $830K, and assets of $9.1M (revenue +118.0% year-over-year).
- 2022: Revenue of $490K, expenses of $278K, and assets of $9.0M (revenue -51.6% year-over-year).
- 2021: Revenue of $1.0M, expenses of $510K, and assets of $9.6M (revenue -46.2% year-over-year).
- 2020: Revenue of $1.9M, expenses of $180K, and assets of $8.0M (revenue -69.9% year-over-year).
- 2019: Revenue of $6.2M, expenses of $194K, and assets of $6.3M (revenue +5521.3% year-over-year).
- 2018: Revenue of $111K, expenses of $93K, and assets of $227K (revenue +7.9% year-over-year).
- 2017: Revenue of $103K, expenses of $129K, and assets of $208K (revenue -21.2% year-over-year).
- 2016: Revenue of $131K, expenses of $125K, and assets of $234K (revenue +0.3% year-over-year).
- 2015: Revenue of $130K, expenses of $106K, and assets of $228K (revenue -19.6% year-over-year).
- 2014: Revenue of $162K, expenses of $128K, and assets of $204K (revenue +282.8% year-over-year).
- 2013: Revenue of $42K, expenses of $84K, and assets of $169K (revenue -67.6% year-over-year).
- 2012: Revenue of $131K, expenses of $98K, and assets of $211K (revenue +15.7% year-over-year).
- 2011: Revenue of $113K, expenses of $120K, and assets of $179K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hardee County Education Foundation Incorporated:
Data Sources and Methodology
This transparency report for Hardee County Education Foundation Incorporated 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.