Hasten The Work Inc
EIN: 471815204 · Provo, UT · NTEE: X19
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $30K |
| Net Assets | $161K |
Is Hasten The Work Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hasten The Work Inc
Hasten The Work Inc (EIN: 471815204) is a nonprofit organization based in Provo, UT, classified under NTEE code X19. The organization reported total revenue of $10K and total assets of $288K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hasten The Work Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hasten The Work Inc is a micro nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -37.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $30K |
| Surplus / Deficit | $-20,000 |
| Total Assets | $308K |
| Total Liabilities | $147K |
| Net Assets | $161K |
| Operating Margin | -206.2% |
| Debt-to-Asset Ratio | 47.7% |
| Months of Reserves | 124.5 months |
Financial Health Grade: B
In 2023, Hasten The Work Inc reported a deficit of $20K with expenses exceeding revenue, holds 124.5 months of operating reserves (strong position), has a debt-to-asset ratio of 47.7% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Hasten The Work Inc's revenue has declined at a compound annual growth rate (CAGR) of -37.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.0% | -28.5% | -6.1% |
| 2022 | +60.3% | -32.0% | -8.7% |
| 2021 | -82.6% | +5.2% | -13.2% |
| 2020 | -77.2% | -41.8% | +9.0% |
| 2019 | +56.9% | -33.3% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hasten The Work 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 Hasten The Work 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 deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.7%.
Frequently Asked Questions about Hasten The Work Inc
Is Hasten The Work Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hasten The Work Inc (EIN: 471815204) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hasten The Work Inc spend its money?
Detailed spending breakdown data is not yet available for Hasten The Work Inc. Check back for updated IRS 990 analysis.
Are donations to Hasten The Work Inc tax-deductible?
Hasten The Work Inc is registered as a tax-exempt nonprofit (EIN: 471815204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hasten The Work Inc located?
Hasten The Work Inc is headquartered in Provo, Utah and files with the IRS under EIN 471815204. It is classified under NTEE code X19.
How many years of IRS 990 filings does Hasten The Work Inc have?
Hasten The Work Inc has 9 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 $10K in total revenue.
Filing History
IRS 990 filing history for Hasten The Work Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Hasten The Work Inc's revenue has declined by 97.5%, moving from $391K to $10K. Total assets decreased by 18.8% over the same period, from $380K to $308K. Total functional expenses fell by 17.6%, from $36K to $30K. In its most recent filing year (2023), Hasten The Work Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $147K in liabilities against $308K in assets (debt-to-asset ratio: 47.7%), resulting in net assets of $161K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $30K | $308K | $147K | — | — |
| 2022 | $10K | $42K | $328K | $147K | — | — |
| 2021 | $6K | $61K | $360K | $147K | — | View 990 |
| 2020 | $36K | $58K | $414K | $147K | — | View 990 |
| 2019 | $159K | $100K | $380K | $0 | — | View 990 |
| 2018 | $101K | $150K | $390K | $45K | — | View 990 |
| 2017 | $152K | $142K | $403K | $10K | — | — |
| 2016 | $80K | $51K | $393K | $10K | — | View 990 |
| 2015 | $391K | $36K | $380K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $30K, and assets of $308K (revenue -4.0% year-over-year).
- 2022: Revenue of $10K, expenses of $42K, and assets of $328K (revenue +60.3% year-over-year).
- 2021: Revenue of $6K, expenses of $61K, and assets of $360K (revenue -82.6% year-over-year).
- 2020: Revenue of $36K, expenses of $58K, and assets of $414K (revenue -77.2% year-over-year).
- 2019: Revenue of $159K, expenses of $100K, and assets of $380K (revenue +56.9% year-over-year).
- 2018: Revenue of $101K, expenses of $150K, and assets of $390K (revenue -33.6% year-over-year).
- 2017: Revenue of $152K, expenses of $142K, and assets of $403K (revenue +90.6% year-over-year).
- 2016: Revenue of $80K, expenses of $51K, and assets of $393K (revenue -79.6% year-over-year).
- 2015: Revenue of $391K, expenses of $36K, and assets of $380K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hasten The Work Inc:
Data Sources and Methodology
This transparency report for Hasten The Work 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.