Hearth Patio & Barbeque Education Foundation
EIN: 521273644 · Arlington, VA · NTEE: S41D
| Metric | Value |
|---|---|
| Total Revenue | $935K |
| Total Expenses | $819K |
| Net Assets | $476K |
Is Hearth Patio & Barbeque Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hearth Patio & Barbeque Education Foundation
Hearth Patio & Barbeque Education Foundation (EIN: 521273644) is a nonprofit organization based in Arlington, VA, classified under NTEE code S41D. The organization reported total revenue of $935K and total assets of $355K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearth Patio & Barbeque Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hearth Patio & Barbeque Education Foundation is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $677K |
| Total Expenses | $819K |
| Surplus / Deficit | $-142,655 |
| Total Assets | $671K |
| Total Liabilities | $195K |
| Net Assets | $476K |
| Operating Margin | -21.1% |
| Debt-to-Asset Ratio | 29.1% |
| Months of Reserves | 9.8 months |
Financial Health Grade: B
In 2023, Hearth Patio & Barbeque Education Foundation reported a deficit of $143K with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 29.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hearth Patio & Barbeque Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.1% | +17.6% | -24.6% |
| 2022 | +6.1% | +65.4% | -2.5% |
| 2021 | +15.6% | -15.2% | +29.1% |
| 2020 | -2.5% | -7.6% | -2.7% |
| 2019 | -5.2% | +6.5% | +21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hearth Patio & Barbeque Education Foundation 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 Hearth Patio & Barbeque Education Foundation 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 $143K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.1%.
Frequently Asked Questions about Hearth Patio & Barbeque Education Foundation
Is Hearth Patio & Barbeque Education Foundation a legitimate charity?
Hearth Patio & Barbeque Education Foundation (EIN: 521273644) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $935K. No red flags identified. Financial health grade: B.
How does Hearth Patio & Barbeque Education Foundation spend its money?
Hearth Patio & Barbeque Education Foundation reported $935K 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 Hearth Patio & Barbeque Education Foundation tax-deductible?
Hearth Patio & Barbeque Education Foundation is registered as a tax-exempt nonprofit (EIN: 521273644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hearth Patio & Barbeque Education Foundation located?
Hearth Patio & Barbeque Education Foundation is headquartered in Arlington, Virginia and files with the IRS under EIN 521273644. It is classified under NTEE code S41D.
How many years of IRS 990 filings does Hearth Patio & Barbeque Education Foundation have?
Hearth Patio & Barbeque Education Foundation 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 $935K in total revenue.
Filing History
IRS 990 filing history for Hearth Patio & Barbeque Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hearth Patio & Barbeque Education Foundation's revenue has grown by 95.6%, moving from $346K to $677K. Total assets increased by 148.8% over the same period, from $270K to $671K. Total functional expenses rose by 120.2%, from $372K to $819K. In its most recent filing year (2023), Hearth Patio & Barbeque Education Foundation reported a deficit of $143K, with expenses exceeding revenue. The organization holds $195K in liabilities against $671K in assets (debt-to-asset ratio: 29.1%), resulting in net assets of $476K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $677K | $819K | $671K | $195K | — | — |
| 2022 | $638K | $697K | $890K | $323K | — | View 990 |
| 2021 | $601K | $421K | $913K | $142K | — | View 990 |
| 2020 | $520K | $497K | $707K | $110K | — | View 990 |
| 2019 | $533K | $538K | $727K | $201K | — | View 990 |
| 2018 | $562K | $505K | $600K | $118K | — | View 990 |
| 2017 | $522K | $430K | $575K | $110K | — | — |
| 2016 | $456K | $364K | $481K | $120K | — | View 990 |
| 2015 | $539K | $409K | $374K | $113K | — | View 990 |
| 2014 | $450K | $400K | $302K | $154K | — | View 990 |
| 2013 | $349K | $374K | $206K | $106K | — | View 990 |
| 2012 | $379K | $383K | $247K | $118K | — | View 990 |
| 2011 | $346K | $372K | $270K | $137K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $677K, expenses of $819K, and assets of $671K (revenue +6.1% year-over-year).
- 2022: Revenue of $638K, expenses of $697K, and assets of $890K (revenue +6.1% year-over-year).
- 2021: Revenue of $601K, expenses of $421K, and assets of $913K (revenue +15.6% year-over-year).
- 2020: Revenue of $520K, expenses of $497K, and assets of $707K (revenue -2.5% year-over-year).
- 2019: Revenue of $533K, expenses of $538K, and assets of $727K (revenue -5.2% year-over-year).
- 2018: Revenue of $562K, expenses of $505K, and assets of $600K (revenue +7.8% year-over-year).
- 2017: Revenue of $522K, expenses of $430K, and assets of $575K (revenue +14.4% year-over-year).
- 2016: Revenue of $456K, expenses of $364K, and assets of $481K (revenue -15.5% year-over-year).
- 2015: Revenue of $539K, expenses of $409K, and assets of $374K (revenue +19.7% year-over-year).
- 2014: Revenue of $450K, expenses of $400K, and assets of $302K (revenue +29.2% year-over-year).
- 2013: Revenue of $349K, expenses of $374K, and assets of $206K (revenue -8.0% year-over-year).
- 2012: Revenue of $379K, expenses of $383K, and assets of $247K (revenue +9.5% year-over-year).
- 2011: Revenue of $346K, expenses of $372K, and assets of $270K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hearth Patio & Barbeque Education Foundation:
Data Sources and Methodology
This transparency report for Hearth Patio & Barbeque Education Foundation 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.