Harwood Institute For Public Innovation
EIN: 311510297 · Bethesda, MD · NTEE: S010
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Net Assets | $2.7M |
Is Harwood Institute For Public Innovation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harwood Institute For Public Innovation
Harwood Institute For Public Innovation (EIN: 311510297) is a nonprofit organization based in Bethesda, MD, classified under NTEE code S010. The organization reported total revenue of $1.4M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harwood Institute For Public Innovation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harwood Institute For Public Innovation is a mid-size nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $3.5M |
| Total Liabilities | $845K |
| Net Assets | $2.7M |
| Operating Margin | 50.1% |
| Debt-to-Asset Ratio | 24.0% |
| Months of Reserves | 25.8 months |
Financial Health Grade: A
In 2023, Harwood Institute For Public Innovation reported a surplus of $1.6M with revenue exceeding expenses, holds 25.8 months of operating reserves (strong position), has a debt-to-asset ratio of 24.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Harwood Institute For Public Innovation's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +111.0% | +20.7% | +83.1% |
| 2022 | +5.7% | +18.0% | +57.8% |
| 2021 | +34.3% | +12.6% | +55.4% |
| 2020 | -33.8% | -37.9% | +14.0% |
| 2019 | -9.0% | -2.0% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Harwood Institute For Public Innovation 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 Harwood Institute For Public Innovation 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 $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.0%.
Frequently Asked Questions about Harwood Institute For Public Innovation
Is Harwood Institute For Public Innovation a legitimate charity?
Based on AI analysis of IRS 990 filings, Harwood Institute For Public Innovation (EIN: 311510297) insufficient data. 0 red flags identified, 0 strengths noted.
How does Harwood Institute For Public Innovation spend its money?
Detailed spending breakdown data is not yet available for Harwood Institute For Public Innovation. Check back for updated IRS 990 analysis.
Are donations to Harwood Institute For Public Innovation tax-deductible?
Harwood Institute For Public Innovation is registered as a tax-exempt nonprofit (EIN: 311510297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harwood Institute For Public Innovation located?
Harwood Institute For Public Innovation is headquartered in Bethesda, Maryland and files with the IRS under EIN 311510297. It is classified under NTEE code S010.
How many years of IRS 990 filings does Harwood Institute For Public Innovation have?
Harwood Institute For Public Innovation has 14 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Harwood Institute For Public Innovation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Harwood Institute For Public Innovation's revenue has grown by 320.7%, moving from $780K to $3.3M. Total assets increased by 164.9% over the same period, from $1.3M to $3.5M. Total functional expenses rose by 36.5%, from $1.2M to $1.6M. In its most recent filing year (2023), Harwood Institute For Public Innovation reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $845K in liabilities against $3.5M in assets (debt-to-asset ratio: 24.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $1.6M | $3.5M | $845K | — | — |
| 2022 | $1.6M | $1.4M | $1.9M | $891K | — | View 990 |
| 2021 | $1.5M | $1.1M | $1.2M | $386K | — | View 990 |
| 2020 | $1.1M | $1.0M | $784K | $273K | — | View 990 |
| 2019 | $1.7M | $1.6M | $688K | $251K | — | View 990 |
| 2018 | $1.8M | $1.7M | $685K | $260K | — | View 990 |
| 2017 | $1.6M | $1.6M | $448K | $166K | — | View 990 |
| 2016 | $1.5M | $1.5M | $444K | $212K | — | View 990 |
| 2015 | $1.6M | $1.7M | $405K | $257K | — | View 990 |
| 2014 | $1.9M | $2.1M | $442K | $249K | — | View 990 |
| 2013 | $1.4M | $1.6M | $483K | $157K | — | View 990 |
| 2012 | $1.5M | $1.8M | $654K | $83K | — | View 990 |
| 2011 | $1.1M | $1.5M | $911K | $49K | — | View 990 |
| 2010 | $780K | $1.2M | $1.3M | $111K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $1.6M, and assets of $3.5M (revenue +111.0% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $1.9M (revenue +5.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $1.2M (revenue +34.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $784K (revenue -33.8% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $688K (revenue -9.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $685K (revenue +12.7% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $448K (revenue +4.3% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $444K (revenue -4.1% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.7M, and assets of $405K (revenue -16.2% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.1M, and assets of $442K (revenue +37.9% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.6M, and assets of $483K (revenue -4.7% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.8M, and assets of $654K (revenue +31.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.5M, and assets of $911K (revenue +42.8% year-over-year).
- 2010: Revenue of $780K, expenses of $1.2M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harwood Institute For Public Innovation:
Data Sources and Methodology
This transparency report for Harwood Institute For Public Innovation 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.