Hastings Scottish Rite Foundation
EIN: 470779515 · Hastings, NE · NTEE: B28
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $57K |
| Net Assets | $940K |
Is Hastings Scottish Rite Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hastings Scottish Rite Foundation
Hastings Scottish Rite Foundation (EIN: 470779515) is a nonprofit organization based in Hastings, NE, classified under NTEE code B28. The organization reported total revenue of $110K and total assets of $999K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hastings Scottish Rite Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hastings Scottish Rite Foundation is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $57K |
| Surplus / Deficit | +$1K |
| Total Assets | $940K |
| Net Assets | $940K |
| Operating Margin | 1.9% |
| Months of Reserves | 196.2 months |
Financial Health Grade: A
In 2023, Hastings Scottish Rite Foundation reported a surplus of $1K with revenue exceeding expenses, holds 196.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hastings Scottish Rite Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.5% | +46.9% | +0.1% |
| 2022 | -40.2% | -22.2% | +2.6% |
| 2021 | +62.2% | -9.7% | +6.5% |
| 2020 | +0.6% | -25.6% | +1.1% |
| 2019 | -63.3% | +45.3% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hastings Scottish Rite Foundation 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 Scottish Rite Foundation 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 surplus of $1K, with revenue exceeding expenses.
Frequently Asked Questions about Hastings Scottish Rite Foundation
Is Hastings Scottish Rite Foundation a legitimate charity?
Hastings Scottish Rite Foundation (EIN: 470779515) is a registered tax-exempt nonprofit based in Nebraska. It has 13 years of IRS 990 filings on record. Total revenue: $110K. No red flags identified. Financial health grade: A.
How does Hastings Scottish Rite Foundation spend its money?
Hastings Scottish Rite Foundation reported $110K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hastings Scottish Rite Foundation tax-deductible?
Hastings Scottish Rite Foundation is registered as a tax-exempt nonprofit (EIN: 470779515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hastings Scottish Rite Foundation located?
Hastings Scottish Rite Foundation is headquartered in Hastings, Nebraska and files with the IRS under EIN 470779515. It is classified under NTEE code B28.
How many years of IRS 990 filings does Hastings Scottish Rite Foundation have?
Hastings Scottish Rite Foundation 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 $110K in total revenue.
Filing History
IRS 990 filing history for Hastings Scottish Rite Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hastings Scottish Rite Foundation's revenue has declined by 74.1%, moving from $227K to $59K. Total assets increased by 48.9% over the same period, from $631K to $940K. Total functional expenses rose by 85.6%, from $31K to $57K. In its most recent filing year (2023), Hastings Scottish Rite Foundation reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $57K | $940K | $0 | — | View 990 |
| 2022 | $63K | $39K | $939K | $0 | — | View 990 |
| 2021 | $106K | $50K | $914K | $0 | — | View 990 |
| 2020 | $65K | $56K | $859K | $0 | — | View 990 |
| 2019 | $65K | $75K | $849K | $0 | — | View 990 |
| 2018 | $177K | $52K | $859K | $0 | — | View 990 |
| 2017 | $89K | $46K | $734K | $0 | — | View 990 |
| 2016 | $99K | $72K | $693K | $0 | — | View 990 |
| 2015 | $94K | $52K | $634K | $0 | — | View 990 |
| 2014 | $49K | $61K | $625K | $0 | — | View 990 |
| 2013 | $69K | $56K | $614K | $0 | — | View 990 |
| 2012 | $25K | $42K | $617K | $0 | — | View 990 |
| 2011 | $227K | $31K | $631K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $59K, expenses of $57K, and assets of $940K (revenue -7.5% year-over-year).
- 2022: Revenue of $63K, expenses of $39K, and assets of $939K (revenue -40.2% year-over-year).
- 2021: Revenue of $106K, expenses of $50K, and assets of $914K (revenue +62.2% year-over-year).
- 2020: Revenue of $65K, expenses of $56K, and assets of $859K (revenue +0.6% year-over-year).
- 2019: Revenue of $65K, expenses of $75K, and assets of $849K (revenue -63.3% year-over-year).
- 2018: Revenue of $177K, expenses of $52K, and assets of $859K (revenue +99.2% year-over-year).
- 2017: Revenue of $89K, expenses of $46K, and assets of $734K (revenue -10.5% year-over-year).
- 2016: Revenue of $99K, expenses of $72K, and assets of $693K (revenue +5.8% year-over-year).
- 2015: Revenue of $94K, expenses of $52K, and assets of $634K (revenue +92.6% year-over-year).
- 2014: Revenue of $49K, expenses of $61K, and assets of $625K (revenue -29.9% year-over-year).
- 2013: Revenue of $69K, expenses of $56K, and assets of $614K (revenue +183.3% year-over-year).
- 2012: Revenue of $25K, expenses of $42K, and assets of $617K (revenue -89.2% year-over-year).
- 2011: Revenue of $227K, expenses of $31K, and assets of $631K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hastings Scottish Rite Foundation:
Data Sources and Methodology
This transparency report for Hastings Scottish Rite Foundation 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.