Hastings Public Access Corporation
EIN: 470716181 · Hastings, NE · NTEE: A32
| Metric | Value |
|---|---|
| Total Revenue | $52K |
| Total Expenses | $64K |
| Net Assets | $282K |
Is Hastings Public Access Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hastings Public Access Corporation
Hastings Public Access Corporation (EIN: 470716181) is a nonprofit organization based in Hastings, NE, classified under NTEE code A32. The organization reported total revenue of $52K and total assets of $244K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hastings Public Access Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hastings Public Access Corporation is a micro nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $64K |
| Surplus / Deficit | $-36,910 |
| Total Assets | $286K |
| Total Liabilities | $4K |
| Net Assets | $282K |
| Operating Margin | -137.4% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 53.8 months |
Financial Health Grade: B
In 2023, Hastings Public Access Corporation reported a deficit of $37K with expenses exceeding revenue, holds 53.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 10 years of filings (2013–2023), Hastings Public Access Corporation's revenue has declined at a compound annual growth rate (CAGR) of -7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -60.9% | +1.9% | -11.4% |
| 2022 | -12.6% | +15.7% | +22.8% |
| 2020 | +31.6% | -20.4% | +10.3% |
| 2019 | -4.2% | -1.6% | -3.3% |
| 2018 | -14.0% | +23.6% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hastings Public Access Corporation 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 Hastings Public Access Corporation 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 $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Hastings Public Access Corporation
Is Hastings Public Access Corporation a legitimate charity?
Hastings Public Access Corporation (EIN: 470716181) is a registered tax-exempt nonprofit based in Nebraska. It has 10 years of IRS 990 filings on record. Total revenue: $52K. No red flags identified. Financial health grade: B.
How does Hastings Public Access Corporation spend its money?
Hastings Public Access Corporation reported $52K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hastings Public Access Corporation tax-deductible?
Hastings Public Access Corporation is registered as a tax-exempt nonprofit (EIN: 470716181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hastings Public Access Corporation located?
Hastings Public Access Corporation is headquartered in Hastings, Nebraska and files with the IRS under EIN 470716181. It is classified under NTEE code A32.
How many years of IRS 990 filings does Hastings Public Access Corporation have?
Hastings Public Access Corporation has 10 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 $52K in total revenue.
Filing History
IRS 990 filing history for Hastings Public Access Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Hastings Public Access Corporation's revenue has declined by 52.1%, moving from $56K to $27K. Total assets increased by 35% over the same period, from $212K to $286K. Total functional expenses rose by 70.4%, from $37K to $64K. In its most recent filing year (2023), Hastings Public Access Corporation reported a deficit of $37K, with expenses exceeding revenue. The organization holds $4K in liabilities against $286K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $282K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $64K | $286K | $4K | — | — |
| 2022 | $69K | $63K | $323K | $4K | — | View 990 |
| 2020 | $79K | $54K | $263K | $237 | — | View 990 |
| 2019 | $60K | $68K | $238K | $267 | — | View 990 |
| 2018 | $62K | $69K | $246K | $232 | — | View 990 |
| 2017 | $73K | $56K | $253K | $208 | — | View 990 |
| 2016 | $65K | $50K | $237K | $223 | — | View 990 |
| 2015 | $62K | $46K | $222K | $255 | — | View 990 |
| 2014 | $59K | $66K | $206K | $263 | — | View 990 |
| 2013 | $56K | $37K | $212K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $64K, and assets of $286K (revenue -60.9% year-over-year).
- 2022: Revenue of $69K, expenses of $63K, and assets of $323K (revenue -12.6% year-over-year).
- 2020: Revenue of $79K, expenses of $54K, and assets of $263K (revenue +31.6% year-over-year).
- 2019: Revenue of $60K, expenses of $68K, and assets of $238K (revenue -4.2% year-over-year).
- 2018: Revenue of $62K, expenses of $69K, and assets of $246K (revenue -14.0% year-over-year).
- 2017: Revenue of $73K, expenses of $56K, and assets of $253K (revenue +12.3% year-over-year).
- 2016: Revenue of $65K, expenses of $50K, and assets of $237K (revenue +4.6% year-over-year).
- 2015: Revenue of $62K, expenses of $46K, and assets of $222K (revenue +3.9% year-over-year).
- 2014: Revenue of $59K, expenses of $66K, and assets of $206K (revenue +6.2% year-over-year).
- 2013: Revenue of $56K, expenses of $37K, and assets of $212K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hastings Public Access Corporation:
Data Sources and Methodology
This transparency report for Hastings Public Access Corporation 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.