Heart And Hand Inc
EIN: 582180032 · Morton, MS · NTEE: T20
| Metric | Value |
|---|---|
| Total Expenses | $5K |
| Net Assets | $7K |
Is Heart And Hand Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heart And Hand Inc
Heart And Hand Inc (EIN: 582180032) is a nonprofit organization based in Morton, MS, classified under NTEE code T20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart And Hand Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart And Hand Inc is a micro nonprofit that has been operating for 31 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $5K |
| Surplus / Deficit | $-520 |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | -10.7% |
| Months of Reserves | 16.0 months |
Financial Health Grade: B
In 2012, Heart And Hand Inc reported a deficit of $520 with expenses exceeding revenue, holds 16.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2011–2012), Heart And Hand Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | +5.9% | +71.4% | -6.7% |
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 Heart And Hand 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 Heart And Hand 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 (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $520, with expenses exceeding revenue.
Frequently Asked Questions about Heart And Hand Inc
Is Heart And Hand Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart And Hand Inc (EIN: 582180032) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heart And Hand Inc spend its money?
Detailed spending breakdown data is not yet available for Heart And Hand Inc. Check back for updated IRS 990 analysis.
Are donations to Heart And Hand Inc tax-deductible?
Heart And Hand Inc is registered as a tax-exempt nonprofit (EIN: 582180032). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heart And Hand Inc located?
Heart And Hand Inc is headquartered in Morton, Mississippi and files with the IRS under EIN 582180032. It is classified under NTEE code T20.
How many years of IRS 990 filings does Heart And Hand Inc have?
Heart And Hand Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Heart And Hand Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Heart And Hand Inc's revenue has grown by 5.9%, moving from $5K to $5K. Total assets decreased by 6.7% over the same period, from $8K to $7K. Total functional expenses rose by 71.4%, from $3K to $5K. In its most recent filing year (2012), Heart And Hand Inc reported a deficit of $520, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $5K | $5K | $7K | $0 | — | View 990 |
| 2011 | $5K | $3K | $8K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart And Hand Inc:
Data Sources and Methodology
This transparency report for Heart And Hand 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.