Harvest Of Israel Inc
EIN: 473324590 · Morristown, TN · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $442K |
| Total Expenses | $920K |
| Net Assets | $124K |
Is Harvest Of Israel Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harvest Of Israel Inc
Harvest Of Israel Inc (EIN: 473324590) is a nonprofit organization based in Morristown, TN, classified under NTEE code P20. The organization reported total revenue of $442K and total assets of $356K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harvest Of Israel Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harvest Of Israel Inc is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $946K |
| Total Expenses | $920K |
| Surplus / Deficit | +$26K |
| Total Assets | $145K |
| Total Liabilities | $20K |
| Net Assets | $124K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 14.1% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2023, Harvest Of Israel Inc reported a surplus of $26K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 14.1% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Harvest Of Israel Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.4% | +57.9% | +23.8% |
| 2022 | +234.5% | +453.2% | -17.4% |
| 2021 | -14.4% | -31.4% | +55.2% |
| 2020 | +14.6% | -18.5% | +138.1% |
| 2019 | -13.8% | +6.4% | -32.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Harvest Of Israel 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 Harvest Of Israel 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 surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.1%.
Frequently Asked Questions about Harvest Of Israel Inc
Is Harvest Of Israel Inc a legitimate charity?
Harvest Of Israel Inc (EIN: 473324590) is a registered tax-exempt nonprofit based in Tennessee. It has 8 years of IRS 990 filings on record. Total revenue: $442K. No red flags identified. Financial health grade: A.
How does Harvest Of Israel Inc spend its money?
Harvest Of Israel Inc reported $442K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Harvest Of Israel Inc tax-deductible?
Harvest Of Israel Inc is registered as a tax-exempt nonprofit (EIN: 473324590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harvest Of Israel Inc located?
Harvest Of Israel Inc is headquartered in Morristown, Tennessee and files with the IRS under EIN 473324590. It is classified under NTEE code P20.
How many years of IRS 990 filings does Harvest Of Israel Inc have?
Harvest Of Israel Inc has 8 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 $442K in total revenue.
Filing History
IRS 990 filing history for Harvest Of Israel Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Harvest Of Israel Inc's revenue has grown by 365.7%, moving from $203K to $946K. Total assets increased by 217.1% over the same period, from $46K to $145K. Total functional expenses rose by 484.5%, from $157K to $920K. In its most recent filing year (2023), Harvest Of Israel Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $20K in liabilities against $145K in assets (debt-to-asset ratio: 14.1%), resulting in net assets of $124K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $946K | $920K | $145K | $20K | — | — |
| 2022 | $558K | $583K | $117K | $129 | — | View 990 |
| 2021 | $167K | $105K | $142K | $308 | — | View 990 |
| 2020 | $195K | $154K | $91K | $12K | — | — |
| 2019 | $170K | $188K | $38K | $0 | — | View 990 |
| 2018 | $197K | $177K | $57K | $0 | — | View 990 |
| 2017 | $154K | $164K | $36K | $0 | — | View 990 |
| 2016 | $203K | $157K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $946K, expenses of $920K, and assets of $145K (revenue +69.4% year-over-year).
- 2022: Revenue of $558K, expenses of $583K, and assets of $117K (revenue +234.5% year-over-year).
- 2021: Revenue of $167K, expenses of $105K, and assets of $142K (revenue -14.4% year-over-year).
- 2020: Revenue of $195K, expenses of $154K, and assets of $91K (revenue +14.6% year-over-year).
- 2019: Revenue of $170K, expenses of $188K, and assets of $38K (revenue -13.8% year-over-year).
- 2018: Revenue of $197K, expenses of $177K, and assets of $57K (revenue +28.0% year-over-year).
- 2017: Revenue of $154K, expenses of $164K, and assets of $36K (revenue -24.1% year-over-year).
- 2016: Revenue of $203K, expenses of $157K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harvest Of Israel Inc:
Data Sources and Methodology
This transparency report for Harvest Of Israel 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.