Harry Tompson Center Inc
Harry Tompson Center Inc shows consistent growth and zero officer compensation over a decade.
EIN: 201548026 · New Orleans, LA · NTEE: P72 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $593K |
| Program Spending | 90% |
| Net Assets | $1.1M |
| Transparency Score | 95/100 |
Is Harry Tompson Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harry Tompson Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harry Tompson Center Inc
Harry Tompson Center Inc (EIN: 201548026) is a nonprofit organization based in New Orleans, LA, classified under NTEE code P72. The organization reported total revenue of $2.7M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harry Tompson Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harry Tompson Center Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $819K |
| Total Expenses | $593K |
| Surplus / Deficit | +$226K |
| Total Assets | $1.2M |
| Total Liabilities | $38K |
| Net Assets | $1.1M |
| Operating Margin | 27.6% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 23.5 months |
Financial Health Grade: A
In 2023, Harry Tompson Center Inc reported a surplus of $226K with revenue exceeding expenses, holds 23.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Harry Tompson Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.5% | +10.8% | +27.6% |
| 2022 | +5.1% | +12.1% | +23.9% |
| 2021 | +12.4% | -11.1% | +39.3% |
| 2020 | +1.2% | +9.7% | +17.1% |
| 2019 | +18.1% | +0.0% | +30.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Harry Tompson Center Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Harry Tompson Center Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $226K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Executive Compensation Analysis
The Harry Tompson Center Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and suggests a volunteer-led executive team or that compensation is categorized differently, though 'Officer Comp' is explicitly zero.
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.
Strengths
The following positive indicators were identified for Harry Tompson Center Inc:
- Consistent revenue growth, from $428,424 in 2014 to $818,665 in 2023.
- Significant asset growth, from $192,706 in 2014 to $1,159,484 in 2023.
- 0% officer compensation reported across all available filings, indicating high efficiency.
- Low liabilities relative to assets, suggesting strong financial management.
- Consistent surplus of revenue over expenses in most years, contributing to asset accumulation.
Frequently Asked Questions about Harry Tompson Center Inc
Is Harry Tompson Center Inc a legitimate charity?
Harry Tompson Center Inc (EIN: 201548026) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.7M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Harry Tompson Center Inc spend its money?
Harry Tompson Center Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Harry Tompson Center Inc tax-deductible?
Harry Tompson Center Inc is registered as a tax-exempt nonprofit (EIN: 201548026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harry Tompson Center Inc's spending goes to programs?
Harry Tompson Center Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harry Tompson Center Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Harry Tompson Center Inc is above average for NTEE category P72 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harry Tompson Center Inc located?
Harry Tompson Center Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 201548026. It is classified under NTEE code P72.
How many years of IRS 990 filings does Harry Tompson Center Inc have?
Harry Tompson Center Inc 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 $2.7M in total revenue.
Is Harry Tompson Center Inc a good charity?
Based on the provided data, the Harry Tompson Center Inc appears to be a very good charity. It demonstrates consistent growth in revenue and assets, maintains low liabilities, and notably reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has nearly doubled from $428,424 in 2014 to $818,665 in 2023, and assets have grown over five-fold from $192,706 to $1,159,484 in the same period, indicating strong financial growth and stability.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant as it means no funds are being used to pay the organization's officers. This suggests either a completely volunteer-run executive leadership or that executive compensation is reported under a different category, though the explicit 'Officer Comp=0%' is a strong indicator of efficiency and dedication to the mission.
Filing History
IRS 990 filing history for Harry Tompson Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Harry Tompson Center Inc's revenue has grown by 264.7%, moving from $224K to $819K. Total assets increased by 222.7% over the same period, from $359K to $1.2M. Total functional expenses rose by 145%, from $242K to $593K. In its most recent filing year (2023), Harry Tompson Center Inc reported a surplus of $226K, with revenue exceeding expenses. The organization holds $38K in liabilities against $1.2M in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $819K | $593K | $1.2M | $38K | — | View 990 |
| 2022 | $721K | $535K | $909K | $12K | — | View 990 |
| 2021 | $687K | $478K | $733K | $23K | — | View 990 |
| 2020 | $611K | $537K | $527K | $25K | — | View 990 |
| 2019 | $604K | $490K | $450K | $22K | — | View 990 |
| 2018 | $511K | $489K | $344K | $31K | — | View 990 |
| 2017 | $427K | $479K | $310K | $18K | — | View 990 |
| 2016 | $566K | $450K | $356K | $12K | — | View 990 |
| 2015 | $456K | $415K | $245K | $18K | — | View 990 |
| 2014 | $428K | $385K | $193K | $6K | — | View 990 |
| 2013 | $252K | $302K | $152K | $7K | — | View 990 |
| 2012 | $280K | $290K | $349K | $0 | — | View 990 |
| 2011 | $224K | $242K | $359K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $819K, expenses of $593K, and assets of $1.2M (revenue +13.5% year-over-year).
- 2022: Revenue of $721K, expenses of $535K, and assets of $909K (revenue +5.1% year-over-year).
- 2021: Revenue of $687K, expenses of $478K, and assets of $733K (revenue +12.4% year-over-year).
- 2020: Revenue of $611K, expenses of $537K, and assets of $527K (revenue +1.2% year-over-year).
- 2019: Revenue of $604K, expenses of $490K, and assets of $450K (revenue +18.1% year-over-year).
- 2018: Revenue of $511K, expenses of $489K, and assets of $344K (revenue +19.6% year-over-year).
- 2017: Revenue of $427K, expenses of $479K, and assets of $310K (revenue -24.5% year-over-year).
- 2016: Revenue of $566K, expenses of $450K, and assets of $356K (revenue +24.3% year-over-year).
- 2015: Revenue of $456K, expenses of $415K, and assets of $245K (revenue +6.4% year-over-year).
- 2014: Revenue of $428K, expenses of $385K, and assets of $193K (revenue +70.3% year-over-year).
- 2013: Revenue of $252K, expenses of $302K, and assets of $152K (revenue -10.1% year-over-year).
- 2012: Revenue of $280K, expenses of $290K, and assets of $349K (revenue +24.7% year-over-year).
- 2011: Revenue of $224K, expenses of $242K, and assets of $359K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harry Tompson Center Inc:
Data Sources and Methodology
This transparency report for Harry Tompson 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.