Harless Center Inc
EIN: 262754033 · Morgantown, WV · NTEE: X19
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $12K |
| Net Assets | $-207 |
Is Harless Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harless Center Inc
Harless Center Inc (EIN: 262754033) is a nonprofit organization based in Morgantown, WV, classified under NTEE code X19. The organization reported total revenue of $20K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harless Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harless Center Inc is a micro nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -18.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $12K |
| Surplus / Deficit | $-5,715 |
| Total Assets | $437 |
| Total Liabilities | $644 |
| Net Assets | $-207 |
| Operating Margin | -91.7% |
| Debt-to-Asset Ratio | 147.4% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Harless Center Inc reported a deficit of $6K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 147.4% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Harless Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.1% | -46.7% | -92.9% |
| 2022 | +4200.3% | -31.0% | -59.0% |
| 2021 | -82.9% | -15.9% | -68.4% |
| 2020 | -93.7% | -5.1% | -43.1% |
| 2019 | -1.7% | -1.8% | -11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Harless Center 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 Harless Center 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 147.4%.
Frequently Asked Questions about Harless Center Inc
Is Harless Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Harless Center Inc (EIN: 262754033) insufficient data. 0 red flags identified, 0 strengths noted.
How does Harless Center Inc spend its money?
Detailed spending breakdown data is not yet available for Harless Center Inc. Check back for updated IRS 990 analysis.
Are donations to Harless Center Inc tax-deductible?
Harless Center Inc is registered as a tax-exempt nonprofit (EIN: 262754033). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harless Center Inc located?
Harless Center Inc is headquartered in Morgantown, West Virginia and files with the IRS under EIN 262754033. It is classified under NTEE code X19.
How many years of IRS 990 filings does Harless Center Inc have?
Harless Center Inc has 11 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 $20K in total revenue.
Filing History
IRS 990 filing history for Harless Center Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Harless Center Inc's revenue has declined by 86.4%, moving from $46K to $6K. Total assets decreased by 99% over the same period, from $46K to $437. Total functional expenses rose by 119390%, from $10 to $12K. In its most recent filing year (2023), Harless Center Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $644 in liabilities against $437 in assets (debt-to-asset ratio: 147.4%), resulting in net assets of $-207.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $12K | $437 | $644 | — | — |
| 2022 | $14K | $22K | $6K | $681 | — | View 990 |
| 2021 | $316 | $32K | $15K | $11K | — | View 990 |
| 2020 | $2K | $39K | $48K | $11K | — | — |
| 2019 | $30K | $41K | $84K | $11K | — | View 990 |
| 2018 | $30K | $41K | $95K | $11K | — | View 990 |
| 2017 | $35K | $69K | $106K | $10K | — | View 990 |
| 2016 | $41K | $107K | $140K | $11K | — | View 990 |
| 2015 | $118K | $86K | $208K | $13K | — | View 990 |
| 2014 | $177K | $60K | $173K | $10K | — | View 990 |
| 2013 | $46K | $10 | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $12K, and assets of $437 (revenue -54.1% year-over-year).
- 2022: Revenue of $14K, expenses of $22K, and assets of $6K (revenue +4200.3% year-over-year).
- 2021: Revenue of $316, expenses of $32K, and assets of $15K (revenue -82.9% year-over-year).
- 2020: Revenue of $2K, expenses of $39K, and assets of $48K (revenue -93.7% year-over-year).
- 2019: Revenue of $30K, expenses of $41K, and assets of $84K (revenue -1.7% year-over-year).
- 2018: Revenue of $30K, expenses of $41K, and assets of $95K (revenue -15.3% year-over-year).
- 2017: Revenue of $35K, expenses of $69K, and assets of $106K (revenue -13.6% year-over-year).
- 2016: Revenue of $41K, expenses of $107K, and assets of $140K (revenue -65.2% year-over-year).
- 2015: Revenue of $118K, expenses of $86K, and assets of $208K (revenue -33.5% year-over-year).
- 2014: Revenue of $177K, expenses of $60K, and assets of $173K (revenue +287.2% year-over-year).
- 2013: Revenue of $46K, expenses of $10, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harless Center Inc:
Data Sources and Methodology
This transparency report for Harless Center 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.