Heart Of The Rockies Initiative
EIN: 463635624 · Missoula, MT · NTEE: C30
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.5M |
| Net Assets | $410K |
Is Heart Of The Rockies Initiative 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 The Rockies Initiative
Heart Of The Rockies Initiative (EIN: 463635624) is a nonprofit organization based in Missoula, MT, classified under NTEE code C30. The organization reported total revenue of $1.8M and total assets of $889K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart Of The Rockies Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart Of The Rockies Initiative is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 20.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$13K |
| Total Assets | $479K |
| Total Liabilities | $69K |
| Net Assets | $410K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 14.4% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2023, Heart Of The Rockies Initiative reported a surplus of $13K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 14.4% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Heart Of The Rockies Initiative's revenue has grown at a compound annual growth rate (CAGR) of 20.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.2% | +17.0% | +7.5% |
| 2022 | +5.9% | +34.4% | -4.0% |
| 2021 | +87.3% | +34.7% | +104.5% |
| 2020 | +30.1% | -2.1% | -17.8% |
| 2019 | -8.2% | +53.3% | -46.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heart Of The Rockies Initiative 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 The Rockies Initiative 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: 14.4%.
Frequently Asked Questions about Heart Of The Rockies Initiative
Is Heart Of The Rockies Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Of The Rockies Initiative (EIN: 463635624) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heart Of The Rockies Initiative spend its money?
Detailed spending breakdown data is not yet available for Heart Of The Rockies Initiative. Check back for updated IRS 990 analysis.
Are donations to Heart Of The Rockies Initiative tax-deductible?
Heart Of The Rockies Initiative is registered as a tax-exempt nonprofit (EIN: 463635624). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heart Of The Rockies Initiative located?
Heart Of The Rockies Initiative is headquartered in Missoula, Montana and files with the IRS under EIN 463635624. It is classified under NTEE code C30.
How many years of IRS 990 filings does Heart Of The Rockies Initiative have?
Heart Of The Rockies Initiative has 11 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Heart Of The Rockies Initiative showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Heart Of The Rockies Initiative's revenue has grown by 525.2%, moving from $247K to $1.5M. Total assets increased by 93.6% over the same period, from $248K to $479K. In its most recent filing year (2023), Heart Of The Rockies Initiative reported a surplus of $13K, with revenue exceeding expenses. The organization holds $69K in liabilities against $479K in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $410K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $479K | $69K | — | — |
| 2022 | $1.3M | $1.3M | $446K | $48K | — | View 990 |
| 2021 | $1.2M | $976K | $465K | $42K | — | View 990 |
| 2020 | $649K | $724K | $227K | $43K | — | — |
| 2019 | $499K | $740K | $276K | $17K | — | View 990 |
| 2018 | $543K | $483K | $513K | $12K | — | View 990 |
| 2017 | $363K | $366K | $455K | $14K | — | View 990 |
| 2016 | $464K | $513K | $458K | $15K | — | View 990 |
| 2015 | $188K | $366K | $539K | $47K | — | View 990 |
| 2014 | $800K | $375K | $685K | $16K | — | View 990 |
| 2013 | $247K | $0 | $248K | $200 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $479K (revenue +20.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $446K (revenue +5.9% year-over-year).
- 2021: Revenue of $1.2M, expenses of $976K, and assets of $465K (revenue +87.3% year-over-year).
- 2020: Revenue of $649K, expenses of $724K, and assets of $227K (revenue +30.1% year-over-year).
- 2019: Revenue of $499K, expenses of $740K, and assets of $276K (revenue -8.2% year-over-year).
- 2018: Revenue of $543K, expenses of $483K, and assets of $513K (revenue +49.5% year-over-year).
- 2017: Revenue of $363K, expenses of $366K, and assets of $455K (revenue -21.7% year-over-year).
- 2016: Revenue of $464K, expenses of $513K, and assets of $458K (revenue +146.4% year-over-year).
- 2015: Revenue of $188K, expenses of $366K, and assets of $539K (revenue -76.5% year-over-year).
- 2014: Revenue of $800K, expenses of $375K, and assets of $685K (revenue +223.4% year-over-year).
- 2013: Revenue of $247K, expenses of $0, and assets of $248K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart Of The Rockies Initiative:
Data Sources and Methodology
This transparency report for Heart Of The Rockies Initiative 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.