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

$6.0MRevenue

$13.8MAssets

75/100Mission Score (Good)

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.

AI Transparency Report

The Hastings Center Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific breakdowns for program, administrative, and fundraising expenses are not directly available in the provided summary, the organization's overall financial health appears stable, with assets consistently exceeding liabilities. The organization has experienced fluctuations in revenue, notably a significant spike in 2019 ($8,843,586) followed by a return to lower levels, indicating reliance on varied funding sources. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported under 'officer compensation' in these summaries, which would warrant further investigation into the full 990 forms. The organization has generally operated with expenses exceeding revenue in recent years (e.g., 202312: Revenue=$3,408,952, Expenses=$4,652,665), which could indicate reliance on reserves or investment income to cover operational costs.

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.

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 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.	PDF
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.

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.