Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400
EIN: 311703432 · Goodwell, OK · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $139K |
| Total Expenses | $12K |
| Net Assets | $947K |
Is Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400
Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 (EIN: 311703432) is a nonprofit organization based in Goodwell, OK, classified under NTEE code T20. The organization reported total revenue of $139K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $12K |
| Surplus / Deficit | +$9K |
| Total Assets | $947K |
| Net Assets | $947K |
| Operating Margin | 41.9% |
| Months of Reserves | 946.0 months |
Financial Health Grade: A
In 2023, Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 reported a surplus of $9K with revenue exceeding expenses, holds 946.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.7% | -34.8% | +15.9% |
| 2022 | -65.3% | -67.5% | -17.6% |
| 2021 | +32.3% | +221.0% | +6.7% |
| 2020 | -23.8% | -26.3% | +11.5% |
| 2019 | +66.7% | -43.0% | +18.9% |
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 Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 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 Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 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 $9K, with revenue exceeding expenses.
Frequently Asked Questions about Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400
Is Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 a legitimate charity?
Based on AI analysis of IRS 990 filings, Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 (EIN: 311703432) insufficient data. 0 red flags identified, 0 strengths noted.
How does Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 spend its money?
Detailed spending breakdown data is not yet available for Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400. Check back for updated IRS 990 analysis.
Are donations to Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 tax-deductible?
Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 is registered as a tax-exempt nonprofit (EIN: 311703432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 located?
Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 is headquartered in Goodwell, Oklahoma and files with the IRS under EIN 311703432. It is classified under NTEE code T20.
How many years of IRS 990 filings does Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 have?
Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 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 $139K in total revenue.
Filing History
IRS 990 filing history for Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400's revenue has declined by 50%, moving from $41K to $21K. Total assets increased by 33.5% over the same period, from $709K to $947K. Total functional expenses rose by 7.6%, from $11K to $12K. In its most recent filing year (2023), Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $12K | $947K | $0 | — | — |
| 2022 | $34K | $18K | $817K | $0 | — | View 990 |
| 2021 | $99K | $57K | $992K | $0 | — | — |
| 2020 | $75K | $18K | $930K | $0 | — | — |
| 2019 | $98K | $24K | $833K | $0 | — | View 990 |
| 2018 | $59K | $42K | $701K | $0 | — | View 990 |
| 2017 | $50K | $55K | $801K | $0 | — | View 990 |
| 2016 | $41K | $53K | $737K | $0 | — | View 990 |
| 2015 | $43K | $44K | $743K | $0 | — | View 990 |
| 2014 | $55K | $60K | $780K | $0 | — | View 990 |
| 2013 | $67K | $36K | $818K | $0 | — | View 990 |
| 2012 | $27K | $54K | $736K | $0 | — | View 990 |
| 2011 | $41K | $11K | $709K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $12K, and assets of $947K (revenue -39.7% year-over-year).
- 2022: Revenue of $34K, expenses of $18K, and assets of $817K (revenue -65.3% year-over-year).
- 2021: Revenue of $99K, expenses of $57K, and assets of $992K (revenue +32.3% year-over-year).
- 2020: Revenue of $75K, expenses of $18K, and assets of $930K (revenue -23.8% year-over-year).
- 2019: Revenue of $98K, expenses of $24K, and assets of $833K (revenue +66.7% year-over-year).
- 2018: Revenue of $59K, expenses of $42K, and assets of $701K (revenue +16.2% year-over-year).
- 2017: Revenue of $50K, expenses of $55K, and assets of $801K (revenue +23.3% year-over-year).
- 2016: Revenue of $41K, expenses of $53K, and assets of $737K (revenue -5.6% year-over-year).
- 2015: Revenue of $43K, expenses of $44K, and assets of $743K (revenue -21.0% year-over-year).
- 2014: Revenue of $55K, expenses of $60K, and assets of $780K (revenue -17.9% year-over-year).
- 2013: Revenue of $67K, expenses of $36K, and assets of $818K (revenue +143.8% year-over-year).
- 2012: Revenue of $27K, expenses of $54K, and assets of $736K (revenue -33.6% year-over-year).
- 2011: Revenue of $41K, expenses of $11K, and assets of $709K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400:
Data Sources and Methodology
This transparency report for Harold M Hefley And Vera Corbin Hefley Charitable Foundation 31400 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.