Harmony Inc

Harmony Inc. reported minimal revenue and expenses in its sole 2014 filing, with no officer compensation.

EIN: 20358818 · Somersworth, NH · NTEE: A6B · Updated: 2026-03-28

$0Revenue
$0Assets
50/100Mission Score (Fair)
A6B
Harmony Inc Financial Summary
MetricValue
Total Expenses$19K
Program Spending80%
Net Assets$3K
Transparency Score50/100

Search Intent Cockpit

Harmony Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Harmony Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Harmony Inc in one place.

Form 990 Filing Summary

1 filing year are available, with latest revenue of $19K and expenses of $19K.

Revenue and Expenses

Harmony Inc reported $19K in revenue and $19K in expenses, a deficit of $174.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

50/100 mission score, 3 red flags, and 1 strength are shown from structured and AI review.

Is Harmony Inc Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
1Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Harmony Inc Expense Deployment
Program services$15K (80%)

Across stored filings, Harmony Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Harmony Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsLimited filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade C1 stored filing year
Peer contextCompare with Hellenic Society Paideia Of New HampshireNew Hampshire and Arts & Culture context

Trust Check

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Peer Benchmark

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Local and Sector Spokes

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Somersworth, NH nonprofits
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Donation Decision Flow

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1

Verify

Some Concerns. Check deductibility, filings, and red flags.

2

Understand money

80% of spending goes to programs.

3

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4

Decide

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Next Best Actions

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Inspect local compensation

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Harmony Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Harmony Inc

Harmony Inc (EIN: 20358818) is a nonprofit organization based in Somersworth, NH, classified under NTEE code A6B. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harmony Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

12Years Operating
MicroSize Classification
1Years of Filings
StableRevenue Trajectory

Harmony Inc is a micro nonprofit that has been operating for 12 years.

Key Financial Metrics (2014)

From the most recent IRS 990 filing on record:

Total Revenue$19K
Total Expenses$19K
Surplus / Deficit$-174
Total Assets$3K
Total Liabilities$618
Net Assets$3K
Operating Margin-0.9%
Debt-to-Asset Ratio17.8%
Months of Reserves2.2 months

Financial Health Grade: C

In 2014, Harmony Inc reported a deficit of $174 with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 17.8% (very low leverage).

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2014

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Harmony Inc. appears to be a very small, nascent organization based on its single available IRS 990 filing from 2014. With revenue of only $18,588 and expenses of $18,762, it operated at a slight deficit in that period. The organization's assets were minimal at $3,477, indicating a very limited operational scale. There is no information available for subsequent years, suggesting it may no longer be active or has not met filing thresholds since 2014. The lack of recent financial data significantly limits a comprehensive assessment of its current financial health and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Harmony Inc with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Harmony Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2014)

From the most recent IRS 990 filing on record:

$19KTotal Revenue
$19KTotal Expenses
$3KTotal Assets
$618Total Liabilities
$3KNet Assets
  • The organization reported a deficit of $174, with expenses exceeding revenue.
  • Debt-to-asset ratio: 17.8%.

Executive Compensation Analysis

Officer compensation was reported as 0% of expenses in 2014, indicating that no executives or officers received salaries from the organization during that period, which is common for very small or volunteer-run entities.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Harmony Inc's IRS 990 filings:

  • No recent financial filings available since 2014
  • Operated at a slight deficit in 2014 (expenses $18,762 vs. revenue $18,588)
  • Zero reported revenue and assets in the latest data, suggesting inactivity

Strengths

The following positive indicators were identified for Harmony Inc:

  • No officer compensation reported in 2014, indicating volunteer leadership or very low overhead for executive roles.

Frequently Asked Questions about Harmony Inc

Is Harmony Inc a legitimate charity?

Harmony Inc (EIN: 20358818) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 50/100. 3 red flags identified. 1 strength noted. Financial health grade: C.

How does Harmony Inc spend its money?

Harmony Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Harmony Inc tax-deductible?

Harmony Inc is registered as a tax-exempt nonprofit (EIN: 20358818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Harmony Inc's spending goes to programs?

Harmony Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Harmony Inc compare to similar nonprofits?

With a transparency score of 50/100 (Fair), Harmony Inc is near average for NTEE category A6B nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Harmony Inc located?

Harmony Inc is headquartered in Somersworth, New Hampshire and files with the IRS under EIN 20358818. It is classified under NTEE code A6B.

Is Harmony Inc. currently active?

Based on the provided data, Harmony Inc. has only one IRS 990 filing from 2014 and no subsequent filings or revenue reported. This suggests it may no longer be active or has not met filing thresholds since then.

What were Harmony Inc.'s primary programs?

The NTEE code A6B indicates 'Other Human Services', but without more detailed program expense breakdowns from the 2014 filing, specific programs cannot be identified.

Filing History

IRS 990 filing history for Harmony Inc showing financial trends over 1 year of public records:

In its most recent filing year (2014), Harmony Inc reported a deficit of $174, with expenses exceeding revenue. The organization holds $618 in liabilities against $3K in assets (debt-to-asset ratio: 17.8%), resulting in net assets of $3K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2014 $19K $19K $3K $618 View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Harmony Inc:

2014 Filing

Data Sources and Methodology

This transparency report for Harmony 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.

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