Hearkeneth Group Npo Corp
EIN: 461411551 · Chambersburg, PA · NTEE: F11
| Metric | Value |
|---|---|
| Total Revenue | $595K |
| Total Expenses | $969K |
| Net Assets | $184K |
Is Hearkeneth Group Npo Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hearkeneth Group Npo Corp
Hearkeneth Group Npo Corp (EIN: 461411551) is a nonprofit organization based in Chambersburg, PA, classified under NTEE code F11. The organization reported total revenue of $595K and total assets of $186K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearkeneth Group Npo Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hearkeneth Group Npo Corp is a small nonprofit that has been operating for 13 years, with 6 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 78.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $911K |
| Total Expenses | $969K |
| Surplus / Deficit | $-58,039 |
| Total Assets | $251K |
| Total Liabilities | $67K |
| Net Assets | $184K |
| Operating Margin | -6.4% |
| Debt-to-Asset Ratio | 26.8% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2023, Hearkeneth Group Npo Corp reported a deficit of $58K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 26.8% (moderate leverage).
Financial Trends
Over 6 years of filings (2014–2023), Hearkeneth Group Npo Corp's revenue has grown at a compound annual growth rate (CAGR) of 78.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +196.4% | +297.8% | +73.8% |
| 2022 | +12.2% | +16.2% | +28.3% |
| 2021 | +2633.7% | +3109.2% | +11257400.0% |
| 2016 | -17.1% | +2.3% | -100.0% |
| 2015 | +142.0% | +27.8% | +570900.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hearkeneth Group Npo Corp 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 Hearkeneth Group Npo Corp 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 $58K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.8%.
Frequently Asked Questions about Hearkeneth Group Npo Corp
Is Hearkeneth Group Npo Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Hearkeneth Group Npo Corp (EIN: 461411551) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hearkeneth Group Npo Corp spend its money?
Detailed spending breakdown data is not yet available for Hearkeneth Group Npo Corp. Check back for updated IRS 990 analysis.
Are donations to Hearkeneth Group Npo Corp tax-deductible?
Hearkeneth Group Npo Corp is registered as a tax-exempt nonprofit (EIN: 461411551). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hearkeneth Group Npo Corp located?
Hearkeneth Group Npo Corp is headquartered in Chambersburg, Pennsylvania and files with the IRS under EIN 461411551. It is classified under NTEE code F11.
How many years of IRS 990 filings does Hearkeneth Group Npo Corp have?
Hearkeneth Group Npo Corp has 6 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 $595K in total revenue.
Filing History
IRS 990 filing history for Hearkeneth Group Npo Corp showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2023), Hearkeneth Group Npo Corp's revenue has grown by 18128.5%, moving from $5K to $911K. Total assets increased by 25114000% over the same period, from $1 to $251K. Total functional expenses rose by 19289.3%, from $5K to $969K. In its most recent filing year (2023), Hearkeneth Group Npo Corp reported a deficit of $58K, with expenses exceeding revenue. The organization holds $67K in liabilities against $251K in assets (debt-to-asset ratio: 26.8%), resulting in net assets of $184K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $911K | $969K | $251K | $67K | — | — |
| 2022 | $308K | $244K | $144K | $0 | — | View 990 |
| 2021 | $274K | $210K | $113K | $32K | — | View 990 |
| 2016 | $10K | $7K | $1 | $0 | — | View 990 |
| 2015 | $12K | $6K | $6K | $0 | — | View 990 |
| 2014 | $5K | $5K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $911K, expenses of $969K, and assets of $251K (revenue +196.4% year-over-year).
- 2022: Revenue of $308K, expenses of $244K, and assets of $144K (revenue +12.2% year-over-year).
- 2021: Revenue of $274K, expenses of $210K, and assets of $113K (revenue +2633.7% year-over-year).
- 2016: Revenue of $10K, expenses of $7K, and assets of $1 (revenue -17.1% year-over-year).
- 2015: Revenue of $12K, expenses of $6K, and assets of $6K (revenue +142.0% year-over-year).
- 2014: Revenue of $5K, expenses of $5K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hearkeneth Group Npo Corp:
Data Sources and Methodology
This transparency report for Hearkeneth Group Npo Corp 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.