Hasco Benefit Plan
EIN: 311143123 · New Paris, IN
| Metric | Value |
|---|---|
| Total Expenses | $6.0M |
| Net Assets | $-536,188 |
Is Hasco Benefit Plan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hasco Benefit Plan
Hasco Benefit Plan (EIN: 311143123) is a nonprofit organization based in New Paris, IN. 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 Hasco Benefit Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hasco Benefit Plan is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016).
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.8M |
| Total Expenses | $6.0M |
| Surplus / Deficit | $-183,552 |
| Total Assets | $564K |
| Total Liabilities | $1.1M |
| Net Assets | $-536,188 |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 195.1% |
| Months of Reserves | 1.1 months |
Financial Health Grade: D
In 2016, Hasco Benefit Plan reported a deficit of $184K with expenses exceeding revenue, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 195.1% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +28.4% | +20.8% | +39.1% |
| 2015 | -4.0% | +20.2% | -41.6% |
| 2014 | +15.3% | -2.4% | +93.5% |
| 2013 | +14.2% | +11.0% | +66.1% |
AI Analysis Pending
AI enrichment for Hasco Benefit Plan 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 Hasco Benefit Plan 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $184K, with expenses exceeding revenue.
- Debt-to-asset ratio: 195.1%.
Frequently Asked Questions about Hasco Benefit Plan
Is Hasco Benefit Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, Hasco Benefit Plan (EIN: 311143123) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hasco Benefit Plan spend its money?
Detailed spending breakdown data is not yet available for Hasco Benefit Plan. Check back for updated IRS 990 analysis.
Are donations to Hasco Benefit Plan tax-deductible?
Hasco Benefit Plan is registered as a tax-exempt nonprofit (EIN: 311143123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hasco Benefit Plan located?
Hasco Benefit Plan is headquartered in New Paris, Indiana and files with the IRS under EIN 311143123.
How many years of IRS 990 filings does Hasco Benefit Plan have?
Hasco Benefit Plan has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Hasco Benefit Plan showing financial trends over 6 years of public records:
In its most recent filing year (2016), Hasco Benefit Plan reported a deficit of $184K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $564K in assets (debt-to-asset ratio: 195.1%), resulting in net assets of $-536,188.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $5.8M | $6.0M | $564K | $1.1M | — | — |
| 2015 | $4.5M | $4.9M | $405K | $758K | — | View 990 |
| 2014 | $4.7M | $4.1M | $694K | $613K | — | View 990 |
| 2013 | $4.1M | $4.2M | $359K | $865K | — | View 990 |
| 2012 | $3.6M | $3.8M | $216K | $586K | — | View 990 |
| 2011 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $5.8M, expenses of $6.0M, and assets of $564K (revenue +28.4% year-over-year).
- 2015: Revenue of $4.5M, expenses of $4.9M, and assets of $405K (revenue -4.0% year-over-year).
- 2014: Revenue of $4.7M, expenses of $4.1M, and assets of $694K (revenue +15.3% year-over-year).
- 2013: Revenue of $4.1M, expenses of $4.2M, and assets of $359K (revenue +14.2% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.8M, and assets of $216K.
- 2011: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hasco Benefit Plan:
Data Sources and Methodology
This transparency report for Hasco Benefit Plan 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.