Headwaters Economics Inc
EIN: 743171967 · Bozeman, MT · NTEE: C34
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $2.9M |
| Net Assets | $2.8M |
Is Headwaters Economics Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Headwaters Economics Inc
Headwaters Economics Inc (EIN: 743171967) is a nonprofit organization based in Bozeman, MT, classified under NTEE code C34. The organization reported total revenue of $4.9M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Headwaters Economics Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Headwaters Economics Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$314K |
| Total Assets | $3.1M |
| Total Liabilities | $273K |
| Net Assets | $2.8M |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Headwaters Economics Inc reported a surplus of $314K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Headwaters Economics Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.8% | -0.7% | +16.8% |
| 2022 | -24.1% | +20.7% | -8.6% |
| 2021 | +39.1% | -2.4% | +55.3% |
| 2020 | -7.5% | +2.4% | +3.0% |
| 2019 | +10.2% | -3.3% | +18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Headwaters Economics Inc 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 Headwaters Economics Inc 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 $314K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.9%.
Frequently Asked Questions about Headwaters Economics Inc
Is Headwaters Economics Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Headwaters Economics Inc (EIN: 743171967) insufficient data. 0 red flags identified, 0 strengths noted.
How does Headwaters Economics Inc spend its money?
Detailed spending breakdown data is not yet available for Headwaters Economics Inc. Check back for updated IRS 990 analysis.
Are donations to Headwaters Economics Inc tax-deductible?
Headwaters Economics Inc is registered as a tax-exempt nonprofit (EIN: 743171967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Headwaters Economics Inc located?
Headwaters Economics Inc is headquartered in Bozeman, Montana and files with the IRS under EIN 743171967. It is classified under NTEE code C34.
How many years of IRS 990 filings does Headwaters Economics Inc have?
Headwaters Economics 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 $4.9M in total revenue.
Filing History
IRS 990 filing history for Headwaters Economics Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Headwaters Economics Inc's revenue has grown by 253.3%, moving from $896K to $3.2M. Total assets increased by 523.9% over the same period, from $491K to $3.1M. Total functional expenses rose by 219.3%, from $893K to $2.9M. In its most recent filing year (2023), Headwaters Economics Inc reported a surplus of $314K, with revenue exceeding expenses. The organization holds $273K in liabilities against $3.1M in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $2.9M | $3.1M | $273K | — | — |
| 2022 | $2.6M | $2.9M | $2.6M | $145K | — | View 990 |
| 2021 | $3.4M | $2.4M | $2.9M | $119K | — | — |
| 2020 | $2.5M | $2.4M | $1.8M | $139K | — | View 990 |
| 2019 | $2.7M | $2.4M | $1.8M | $107K | — | View 990 |
| 2018 | $2.4M | $2.5M | $1.5M | $110K | — | View 990 |
| 2017 | $2.3M | $2.3M | $1.6M | $106K | — | View 990 |
| 2016 | $2.0M | $2.1M | $1.5M | $53K | — | View 990 |
| 2015 | $1.7M | $1.4M | $1.6M | $62K | — | View 990 |
| 2014 | $1.6M | $1.1M | $1.4M | $37K | — | View 990 |
| 2013 | $1.1M | $1.0M | $796K | $25K | — | View 990 |
| 2012 | $1.1M | $899K | $689K | $46K | — | View 990 |
| 2011 | $896K | $893K | $491K | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $2.9M, and assets of $3.1M (revenue +21.8% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.9M, and assets of $2.6M (revenue -24.1% year-over-year).
- 2021: Revenue of $3.4M, expenses of $2.4M, and assets of $2.9M (revenue +39.1% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.4M, and assets of $1.8M (revenue -7.5% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.4M, and assets of $1.8M (revenue +10.2% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.5M, and assets of $1.5M (revenue +3.0% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.3M, and assets of $1.6M (revenue +19.5% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.1M, and assets of $1.5M (revenue +17.9% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.4M, and assets of $1.6M (revenue +2.5% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.1M, and assets of $1.4M (revenue +43.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $796K (revenue +3.1% year-over-year).
- 2012: Revenue of $1.1M, expenses of $899K, and assets of $689K (revenue +22.3% year-over-year).
- 2011: Revenue of $896K, expenses of $893K, and assets of $491K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Headwaters Economics Inc:
Data Sources and Methodology
This transparency report for Headwaters Economics 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.