Hds Fund
EIN: 541423490 · Midlothian, VA
Is Hds Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hds Fund
Hds Fund (EIN: 541423490) is a nonprofit organization based in Midlothian, VA. The organization reported total revenue of $610K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hds Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hds Fund is a small nonprofit that has been operating for 38 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 195.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $146K |
| Surplus / Deficit | +$1.7M |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | 91.9% |
| Months of Reserves | 142.6 months |
Financial Health Grade: A
In 2023, Hds Fund reported a surplus of $1.7M with revenue exceeding expenses, holds 142.6 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Hds Fund's revenue has grown at a compound annual growth rate (CAGR) of 195.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +799.4% | -27.5% | +7840.7% |
| 2022 | +145.8% | +175.3% | -3.2% |
| 2021 | +16.4% | +8.9% | +60.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hds Fund 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 Hds Fund 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 $1.7M, with revenue exceeding expenses.
Frequently Asked Questions about Hds Fund
Is Hds Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Hds Fund (EIN: 541423490) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hds Fund spend its money?
Detailed spending breakdown data is not yet available for Hds Fund. Check back for updated IRS 990 analysis.
Are donations to Hds Fund tax-deductible?
Hds Fund is registered as a tax-exempt nonprofit (EIN: 541423490). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Hds Fund showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Hds Fund's revenue has grown by 2473.8%, moving from $70K to $1.8M. Total assets increased by 12222.4% over the same period, from $14K to $1.7M. Total functional expenses rose by 117.2%, from $67K to $146K. In its most recent filing year (2023), Hds Fund reported a surplus of $1.7M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $146K | $1.7M | $0 | — | View 990 |
| 2022 | $200K | $201K | $22K | $0 | — | View 990 |
| 2021 | $82K | $73K | $23K | $0 | — | View 990 |
| 2020 | $70K | $67K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $146K, and assets of $1.7M (revenue +799.4% year-over-year).
- 2022: Revenue of $200K, expenses of $201K, and assets of $22K (revenue +145.8% year-over-year).
- 2021: Revenue of $82K, expenses of $73K, and assets of $23K (revenue +16.4% year-over-year).
- 2020: Revenue of $70K, expenses of $67K, and assets of $14K.
Data Sources and Methodology
This transparency report for Hds Fund 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.