Heart Of Appalachia Tourism Authority
EIN: 541712734 · Saint Paul, VA
| Metric | Value |
|---|---|
| Total Revenue | $560K |
| Total Expenses | $562K |
| Net Assets | $422K |
Is Heart Of Appalachia Tourism Authority Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heart Of Appalachia Tourism Authority
Heart Of Appalachia Tourism Authority (EIN: 541712734) is a nonprofit organization based in Saint Paul, VA. The organization reported total revenue of $560K and total assets of $502K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart Of Appalachia Tourism Authority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart Of Appalachia Tourism Authority is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $515K |
| Total Expenses | $562K |
| Surplus / Deficit | $-47,347 |
| Total Assets | $452K |
| Total Liabilities | $31K |
| Net Assets | $422K |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 9.7 months |
Financial Health Grade: B
In 2024, Heart Of Appalachia Tourism Authority reported a deficit of $47K with expenses exceeding revenue, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Heart Of Appalachia Tourism Authority's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -29.8% | -13.1% | -9.0% |
| 2023 | +22.0% | -26.9% | +4.4% |
| 2022 | -2.0% | +8.1% | -38.5% |
| 2021 | -20.6% | +25.4% | -21.9% |
| 2020 | -32.8% | +7.0% | +22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heart Of Appalachia Tourism Authority 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 Of Appalachia Tourism Authority 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Frequently Asked Questions about Heart Of Appalachia Tourism Authority
Is Heart Of Appalachia Tourism Authority a legitimate charity?
Heart Of Appalachia Tourism Authority (EIN: 541712734) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $560K. No red flags identified. Financial health grade: B.
How does Heart Of Appalachia Tourism Authority spend its money?
Heart Of Appalachia Tourism Authority reported $560K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heart Of Appalachia Tourism Authority tax-deductible?
Heart Of Appalachia Tourism Authority is registered as a tax-exempt nonprofit (EIN: 541712734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heart Of Appalachia Tourism Authority located?
Heart Of Appalachia Tourism Authority is headquartered in Saint Paul, Virginia and files with the IRS under EIN 541712734.
How many years of IRS 990 filings does Heart Of Appalachia Tourism Authority have?
Heart Of Appalachia Tourism Authority 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 $560K in total revenue.
Filing History
IRS 990 filing history for Heart Of Appalachia Tourism Authority showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Heart Of Appalachia Tourism Authority's revenue has grown by 291.1%, moving from $132K to $515K. Total assets increased by 314.6% over the same period, from $109K to $452K. Total functional expenses rose by 675.2%, from $72K to $562K. In its most recent filing year (2024), Heart Of Appalachia Tourism Authority reported a deficit of $47K, with expenses exceeding revenue. The organization holds $31K in liabilities against $452K in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $422K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $515K | $562K | $452K | $31K | — | — |
| 2023 | $733K | $647K | $497K | $28K | — | — |
| 2022 | $601K | $885K | $476K | $94K | — | View 990 |
| 2021 | $613K | $818K | $774K | $107K | — | — |
| 2020 | $772K | $652K | $991K | $119K | — | View 990 |
| 2019 | $1.2M | $610K | $810K | $58K | — | View 990 |
| 2018 | $506K | $576K | $280K | $68K | — | — |
| 2017 | $374K | $359K | $332K | $50K | — | View 990 |
| 2016 | $309K | $223K | $327K | $60K | — | View 990 |
| 2015 | $336K | $157K | $346K | $166K | — | View 990 |
| 2014 | $110K | $88K | $166K | $165K | — | View 990 |
| 2013 | $64K | $41K | $133K | $160K | — | View 990 |
| 2012 | $132K | $72K | $109K | $158K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $515K, expenses of $562K, and assets of $452K (revenue -29.8% year-over-year).
- 2023: Revenue of $733K, expenses of $647K, and assets of $497K (revenue +22.0% year-over-year).
- 2022: Revenue of $601K, expenses of $885K, and assets of $476K (revenue -2.0% year-over-year).
- 2021: Revenue of $613K, expenses of $818K, and assets of $774K (revenue -20.6% year-over-year).
- 2020: Revenue of $772K, expenses of $652K, and assets of $991K (revenue -32.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $610K, and assets of $810K (revenue +127.4% year-over-year).
- 2018: Revenue of $506K, expenses of $576K, and assets of $280K (revenue +35.3% year-over-year).
- 2017: Revenue of $374K, expenses of $359K, and assets of $332K (revenue +20.9% year-over-year).
- 2016: Revenue of $309K, expenses of $223K, and assets of $327K (revenue -8.1% year-over-year).
- 2015: Revenue of $336K, expenses of $157K, and assets of $346K (revenue +205.5% year-over-year).
- 2014: Revenue of $110K, expenses of $88K, and assets of $166K (revenue +72.6% year-over-year).
- 2013: Revenue of $64K, expenses of $41K, and assets of $133K (revenue -51.5% year-over-year).
- 2012: Revenue of $132K, expenses of $72K, and assets of $109K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart Of Appalachia Tourism Authority:
Data Sources and Methodology
This transparency report for Heart Of Appalachia Tourism Authority 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.