Heart N Soul Community Cafe Inc
EIN: 812894563 · Fargo, ND · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $141K |
| Net Assets | $75K |
Is Heart N Soul Community Cafe 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 N Soul Community Cafe Inc
Heart N Soul Community Cafe Inc (EIN: 812894563) is a nonprofit organization based in Fargo, ND, classified under NTEE code P20. The organization reported total revenue of $185K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart N Soul Community Cafe Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart N Soul Community Cafe Inc is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 49.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $141K |
| Surplus / Deficit | +$13K |
| Total Assets | $75K |
| Total Liabilities | $591 |
| Net Assets | $75K |
| Operating Margin | 8.4% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, Heart N Soul Community Cafe Inc reported a surplus of $13K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Heart N Soul Community Cafe Inc's revenue has grown at a compound annual growth rate (CAGR) of 49.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.0% | +45.7% | +21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heart N Soul Community Cafe 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 N Soul Community Cafe 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Heart N Soul Community Cafe Inc
Is Heart N Soul Community Cafe Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart N Soul Community Cafe Inc (EIN: 812894563) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heart N Soul Community Cafe Inc spend its money?
Detailed spending breakdown data is not yet available for Heart N Soul Community Cafe Inc. Check back for updated IRS 990 analysis.
Are donations to Heart N Soul Community Cafe Inc tax-deductible?
Heart N Soul Community Cafe Inc is registered as a tax-exempt nonprofit (EIN: 812894563). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heart N Soul Community Cafe Inc located?
Heart N Soul Community Cafe Inc is headquartered in Fargo, North Dakota and files with the IRS under EIN 812894563. It is classified under NTEE code P20.
How many years of IRS 990 filings does Heart N Soul Community Cafe Inc have?
Heart N Soul Community Cafe Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $185K in total revenue.
Filing History
IRS 990 filing history for Heart N Soul Community Cafe Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Heart N Soul Community Cafe Inc's revenue has grown by 49%, moving from $103K to $154K. Total assets increased by 21% over the same period, from $62K to $75K. Total functional expenses rose by 45.7%, from $97K to $141K. In its most recent filing year (2023), Heart N Soul Community Cafe Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $591 in liabilities against $75K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $75K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $141K | $75K | $591 | — | — |
| 2022 | $103K | $97K | $62K | $451 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart N Soul Community Cafe Inc:
Data Sources and Methodology
This transparency report for Heart N Soul Community Cafe 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.