Hartford Community Shop Corporation
Hartford Community Shop Corporation maintains stable finances with volunteer leadership and growing assets.
EIN: 201669499 · Hartford, AL · NTEE: P29 · Updated: 2026-03-28
About Hartford Community Shop Corporation
Hartford Community Shop Corporation (EIN: 201669499) is a nonprofit organization based in Hartford, AL, classified under NTEE code P29. The organization reported total revenue of $25K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hartford Community Shop Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hartford Community Shop Corporation with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hartford Community Shop Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, indicating a volunteer-led structure which significantly reduces administrative overhead and maximizes resources for its mission.
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 Hartford Community Shop Corporation's IRS 990 filings:
- No detailed expense breakdown provided in summary to confirm program spending ratio
Strengths
The following positive indicators were identified for Hartford Community Shop Corporation:
- Consistent IRS 990 filing history (13 filings) demonstrating transparency
- Zero officer compensation across all reported periods, indicating volunteer leadership and efficiency
- Consistent asset growth over the decade, from $26,476 in 2014 to $52,003 in 2023
- Minimal to no liabilities reported in most years, indicating strong financial health
- Expenses generally align with or are slightly below revenue, showing prudent financial management
Frequently Asked Questions about Hartford Community Shop Corporation
Is Hartford Community Shop Corporation financially stable?
Yes, the organization appears financially stable, consistently maintaining an asset base (e.g., $52,003 in 2023) and generally operating without significant liabilities.
Does Hartford Community Shop Corporation pay its officers?
No, all available IRS 990 filings indicate 0% officer compensation, suggesting a volunteer-led organization.
Has the organization's revenue been consistent?
Revenue has fluctuated, ranging from a low of $24,866 in 2020 to a high of $82,726 in 2016, but has generally remained within a stable operating range for a small nonprofit.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend, growing from $26,476 in 2014 to $52,003 in 2023, indicating financial growth and stability.
Filing History
IRS 990 filing history for Hartford Community Shop Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hartford Community Shop Corporation's revenue has declined by 49.2%, moving from $52K to $27K. Total assets increased by 137.2% over the same period, from $22K to $52K. Total functional expenses fell by 49%, from $50K to $25K. In its most recent filing year (2023), Hartford Community Shop Corporation reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $25K | $52K | $0 | — | View 990 |
| 2022 | $34K | $36K | $51K | $0 | — | View 990 |
| 2021 | $28K | $22K | $51K | $0 | — | — |
| 2020 | $25K | $29K | $45K | $5K | — | View 990 |
| 2019 | $54K | $54K | $44K | $0 | — | View 990 |
| 2018 | $52K | $53K | $44K | $0 | — | View 990 |
| 2017 | $67K | $66K | $45K | $0 | — | View 990 |
| 2016 | $83K | $78K | $45K | $0 | — | View 990 |
| 2015 | $74K | $79K | $33K | $0 | — | View 990 |
| 2014 | $69K | $70K | $26K | $0 | — | View 990 |
| 2013 | $63K | $55K | $29K | $0 | — | View 990 |
| 2012 | $57K | $54K | $25K | $0 | — | View 990 |
| 2011 | $52K | $50K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $25K, and assets of $52K (revenue -21.6% year-over-year).
- 2022: Revenue of $34K, expenses of $36K, and assets of $51K (revenue +22.5% year-over-year).
- 2021: Revenue of $28K, expenses of $22K, and assets of $51K (revenue +11.6% year-over-year).
- 2020: Revenue of $25K, expenses of $29K, and assets of $45K (revenue -54.0% year-over-year).
- 2019: Revenue of $54K, expenses of $54K, and assets of $44K (revenue +3.1% year-over-year).
- 2018: Revenue of $52K, expenses of $53K, and assets of $44K (revenue -21.2% year-over-year).
- 2017: Revenue of $67K, expenses of $66K, and assets of $45K (revenue -19.5% year-over-year).
- 2016: Revenue of $83K, expenses of $78K, and assets of $45K (revenue +12.4% year-over-year).
- 2015: Revenue of $74K, expenses of $79K, and assets of $33K (revenue +5.9% year-over-year).
- 2014: Revenue of $69K, expenses of $70K, and assets of $26K (revenue +10.8% year-over-year).
- 2013: Revenue of $63K, expenses of $55K, and assets of $29K (revenue +9.7% year-over-year).
- 2012: Revenue of $57K, expenses of $54K, and assets of $25K (revenue +9.0% year-over-year).
- 2011: Revenue of $52K, expenses of $50K, and assets of $22K.
Data Sources and Methodology
This transparency report for Hartford Community Shop Corporation 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.