Harvey House Ltd
Harvey House Ltd consistently operated at a deficit and reported $0 revenue and assets in its latest filing.
EIN: 10601611 · Castleton, VT · Updated: 2026-03-26
| Metric | Value |
|---|---|
| Total Expenses | $64K |
| Program Spending | 70% |
| Net Assets | $-172,564 |
| Transparency Score | 35/100 |
Is Harvey House Ltd Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harvey House Ltd directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Harvey House Ltd
Harvey House Ltd (EIN: 10601611) is a nonprofit organization based in Castleton, VT. 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 Harvey House Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harvey House Ltd is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $64K |
| Surplus / Deficit | $-14,040 |
| Total Assets | $576K |
| Total Liabilities | $749K |
| Net Assets | $-172,564 |
| Operating Margin | -28.4% |
| Debt-to-Asset Ratio | 130.0% |
| Months of Reserves | 108.8 months |
Financial Health Grade: C
In 2014, Harvey House Ltd reported a deficit of $14K with expenses exceeding revenue, holds 108.8 months of operating reserves (strong position), has a debt-to-asset ratio of 130.0% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), Harvey House Ltd's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -2.4% | +1.0% | -1.8% |
| 2013 | +2.4% | +0.2% | -2.6% |
| 2012 | +17.5% | -2.5% | -2.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Harvey House Ltd with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Harvey House Ltd allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 130.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% of expenses across all available filings, indicating that no officers received compensation, which is positive for an organization of this size and financial state.
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 Harvey House Ltd's IRS 990 filings:
- Consistent operating deficits across all reported years (e.g., $14,040 loss in 2014).
- Liabilities consistently exceed assets, indicating potential insolvency (e.g., $748,572 liabilities vs. $576,008 assets in 2014).
- Declining assets over the reporting period (e.g., from $620,099 in 2011 to $576,008 in 2014).
- Latest reported revenue and assets are $0, suggesting potential cessation of operations.
Strengths
The following positive indicators were identified for Harvey House Ltd:
- No officer compensation reported, indicating efficient use of funds at the executive level.
Frequently Asked Questions about Harvey House Ltd
Is Harvey House Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Harvey House Ltd (EIN: 10601611) significant concerns. Mission Score: 35/100. 4 red flags identified, 1 strength noted.
How does Harvey House Ltd spend its money?
Harvey House Ltd directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Harvey House Ltd tax-deductible?
Harvey House Ltd is registered as a tax-exempt nonprofit (EIN: 10601611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harvey House Ltd's spending goes to programs?
Harvey House Ltd directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Harvey House Ltd located?
Harvey House Ltd is headquartered in Castleton, Vermont and files with the IRS under EIN 10601611.
How many years of IRS 990 filings does Harvey House Ltd have?
Harvey House Ltd has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Harvey House Ltd still operational?
The latest data showing $0 revenue and $0 assets suggests the organization may no longer be actively operating or has significantly scaled down its activities.
How does Harvey House Ltd cover its consistent deficits?
The consistent deficits, such as $14,040 in 2014 (Expenses $63,558 - Revenue $49,518), indicate the organization has been drawing down assets or increasing liabilities to cover operational costs.
What is the nature of the significant liabilities?
With liabilities consistently exceeding assets (e.g., $748,572 liabilities vs. $576,008 assets in 2014), understanding the nature of these liabilities (e.g., mortgages, loans) is crucial for assessing long-term viability.
Filing History
IRS 990 filing history for Harvey House Ltd showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Harvey House Ltd's revenue has grown by 17.4%, moving from $42K to $50K. Total assets decreased by 7.1% over the same period, from $620K to $576K. Total functional expenses fell by 1.3%, from $64K to $64K. In its most recent filing year (2014), Harvey House Ltd reported a deficit of $14K, with expenses exceeding revenue. The organization holds $749K in liabilities against $576K in assets (debt-to-asset ratio: 130.0%), resulting in net assets of $-172,564.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $50K | $64K | $576K | $749K | — | View 990 |
| 2013 | $51K | $63K | $587K | $745K | — | View 990 |
| 2012 | $50K | $63K | $603K | $749K | — | View 990 |
| 2011 | $42K | $64K | $620K | $753K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $50K, expenses of $64K, and assets of $576K (revenue -2.4% year-over-year).
- 2013: Revenue of $51K, expenses of $63K, and assets of $587K (revenue +2.4% year-over-year).
- 2012: Revenue of $50K, expenses of $63K, and assets of $603K (revenue +17.5% year-over-year).
- 2011: Revenue of $42K, expenses of $64K, and assets of $620K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harvey House Ltd:
Data Sources and Methodology
This transparency report for Harvey House Ltd 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.