Hastings Center Inc
Hastings Center Inc. consistently reports 0% officer compensation amidst fluctuating revenues and recent operating deficits.
EIN: 132662222 · Garrison, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.0M |
| Total Expenses | $4.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $5,954,431 |
| Net Assets | $12.7M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Hastings Center Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Hastings Center Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hastings Center Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $3.4M and expenses of $4.7M.
Revenue and Expenses
Hastings Center Inc reported $3.4M in revenue and $4.7M in expenses, a deficit of $1.2M.
Executive Compensation
Top officer compensation appears as $5,954,431 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Hastings Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $3.7M (80%) |
Across stored filings, Hastings Center Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Garrison, NY nonprofitsFollow the Money
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Keep the Investigation Moving
Hastings Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hastings Center Inc
Hastings Center Inc (EIN: 132662222) is a nonprofit organization based in Garrison, NY. The organization reported total revenue of $6.0M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hastings Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hastings Center Inc is a mid-size nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $4.7M |
| Surplus / Deficit | $-1,243,713 |
| Total Assets | $13.1M |
| Total Liabilities | $490K |
| Net Assets | $12.7M |
| Operating Margin | -36.5% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 33.9 months |
Financial Health Grade: B
In 2023, Hastings Center Inc reported a deficit of $1.2M with expenses exceeding revenue, holds 33.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hastings Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.1% | +4.1% | +0.8% |
| 2022 | -1.2% | +2.3% | -19.5% |
| 2021 | -19.9% | +1.8% | +0.7% |
| 2020 | -48.1% | +8.6% | +12.9% |
| 2019 | +192.3% | +6.5% | +64.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hastings Center Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hastings Center Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.7%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of this size ($5,954,431 latest revenue, $13,761,482 assets), suggesting either that executive roles are entirely volunteer-based, or that compensation for key management is categorized differently and not captured under 'Officer Comp' in these summaries, requiring a deeper dive into the full 990 forms for clarity.
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 Hastings Center Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202312: Expenses exceeded Revenue by over $1.2M)
- Unusually low (0%) reported officer compensation, requiring further investigation into full 990 forms for clarity on executive pay
- Significant fluctuations in revenue, indicating potential reliance on unpredictable funding sources or one-time gains.
Strengths
The following positive indicators were identified for Hastings Center Inc:
- Strong asset base ($13,761,482 latest assets) relative to liabilities, providing financial stability.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.
- Maintained operations and asset levels despite recent operating deficits, suggesting effective management of reserves.
Frequently Asked Questions about Hastings Center Inc
Is Hastings Center Inc a legitimate charity?
Hastings Center Inc (EIN: 132662222) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.0M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Hastings Center Inc spend its money?
Hastings Center Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hastings Center Inc tax-deductible?
Hastings Center Inc is registered as a tax-exempt nonprofit (EIN: 132662222). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hastings Center Inc CEO make?
Hastings Center Inc's highest-compensated officer earns $5,954,431 annually. The organization reported $6.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hastings Center Inc's spending goes to programs?
Hastings Center Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hastings Center Inc located?
Hastings Center Inc is headquartered in Garrison, New York and files with the IRS under EIN 132662222.
How many years of IRS 990 filings does Hastings Center Inc have?
Hastings Center Inc has 13 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 $6.0M in total revenue.
Is Hastings Center Inc. a good charity?
Based on the available data, Hastings Center Inc. appears to be a financially stable organization with a strong asset base relative to liabilities. The consistent 0% officer compensation is a notable point, suggesting either high volunteerism at the top or a need for further investigation into how executive compensation is reported. Its ability to maintain operations despite recent revenue shortfalls indicates sound financial management or reliance on reserves. To fully assess if it's a 'good' charity, a detailed look at its program impact and a full breakdown of expenses would be beneficial.
Why is officer compensation consistently 0%?
The consistent reporting of 0% for officer compensation across all 13 filings is highly unusual for an organization with millions in revenue and assets. This could mean that executive roles are unpaid, or that compensation for key management personnel is reported under different categories (e.g., 'salaries and wages' for employees rather than 'officer compensation' for board members/executives) within the full IRS 990 form, which would require reviewing the complete documents for clarification.
How does the organization cover its expenses when revenue is less than expenses?
In several recent periods, such as 202312 (Revenue=$3,408,952, Expenses=$4,652,665) and 202212 (Revenue=$3,632,311, Expenses=$4,470,275), the organization's expenses exceeded its revenue. This suggests that Hastings Center Inc. is likely drawing from its significant asset base ($13,761,482 latest assets) or investment income to cover operational shortfalls, indicating a reliance on reserves to maintain its activities.
What caused the significant revenue spike in 2019?
The revenue spike in 2019 to $8,843,586, compared to typical revenues around $3-5 million, is a significant outlier. Without access to the full 990 form for that year, it's impossible to definitively state the cause, but it could be attributed to a large one-time grant, a major capital campaign, a substantial bequest, or a significant investment gain.
Filing History
IRS 990 filing history for Hastings Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hastings Center Inc's revenue has declined by 14.3%, moving from $4.0M to $3.4M. Total assets increased by 111.9% over the same period, from $6.2M to $13.1M. Total functional expenses rose by 39.9%, from $3.3M to $4.7M. In its most recent filing year (2023), Hastings Center Inc reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $490K in liabilities against $13.1M in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $12.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $4.7M | $13.1M | $490K | — | — |
| 2022 | $3.6M | $4.5M | $13.0M | $441K | — | View 990 |
| 2021 | $3.7M | $4.4M | $16.2M | $355K | — | View 990 |
| 2020 | $4.6M | $4.3M | $16.1M | $361K | — | — |
| 2019 | $8.8M | $4.0M | $14.3M | $342K | — | View 990 |
| 2018 | $3.0M | $3.7M | $8.7M | $417K | — | View 990 |
| 2017 | $3.1M | $3.5M | $9.6M | $310K | — | View 990 |
| 2016 | $3.6M | $3.5M | $9.5M | $378K | — | View 990 |
| 2015 | $5.3M | $3.4M | $9.1M | $151K | — | View 990 |
| 2014 | $3.0M | $3.2M | $7.4M | $139K | — | View 990 |
| 2013 | $4.0M | $3.5M | $7.3M | $129K | — | View 990 |
| 2012 | $3.7M | $3.7M | $6.3M | $178K | — | View 990 |
| 2011 | $4.0M | $3.3M | $6.2M | $303K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $4.7M, and assets of $13.1M (revenue -6.1% year-over-year).
- 2022: Revenue of $3.6M, expenses of $4.5M, and assets of $13.0M (revenue -1.2% year-over-year).
- 2021: Revenue of $3.7M, expenses of $4.4M, and assets of $16.2M (revenue -19.9% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.3M, and assets of $16.1M (revenue -48.1% year-over-year).
- 2019: Revenue of $8.8M, expenses of $4.0M, and assets of $14.3M (revenue +192.3% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.7M, and assets of $8.7M (revenue -1.9% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.5M, and assets of $9.6M (revenue -14.6% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.5M, and assets of $9.5M (revenue -31.9% year-over-year).
- 2015: Revenue of $5.3M, expenses of $3.4M, and assets of $9.1M (revenue +75.6% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.2M, and assets of $7.4M (revenue -23.8% year-over-year).
- 2013: Revenue of $4.0M, expenses of $3.5M, and assets of $7.3M (revenue +6.2% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.7M, and assets of $6.3M (revenue -6.1% year-over-year).
- 2011: Revenue of $4.0M, expenses of $3.3M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hastings Center Inc:
Data Sources and Methodology
This transparency report for Hastings Center 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.