Hearth To Hearth Ministries
EIN: 562660841 · Lake Ann, MI · NTEE: Q30
| Metric | Value |
|---|---|
| Total Revenue | $374K |
| Total Expenses | $224K |
| Net Assets | $305K |
Is Hearth To Hearth Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hearth To Hearth Ministries
Hearth To Hearth Ministries (EIN: 562660841) is a nonprofit organization based in Lake Ann, MI, classified under NTEE code Q30. The organization reported total revenue of $374K and total assets of $437K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearth To Hearth Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hearth To Hearth Ministries is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $304K |
| Total Expenses | $224K |
| Surplus / Deficit | +$80K |
| Total Assets | $305K |
| Net Assets | $305K |
| Operating Margin | 26.4% |
| Months of Reserves | 16.4 months |
Financial Health Grade: A
In 2023, Hearth To Hearth Ministries reported a surplus of $80K with revenue exceeding expenses, holds 16.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hearth To Hearth Ministries's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.9% | +7.3% | +32.4% |
| 2022 | +22.3% | +23.7% | +15.3% |
| 2021 | +17.5% | +22.4% | +15.3% |
| 2020 | -4.6% | -9.3% | +13.3% |
| 2019 | +7.0% | -10.6% | +11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hearth To Hearth Ministries 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 To Hearth Ministries 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 $80K, with revenue exceeding expenses.
Frequently Asked Questions about Hearth To Hearth Ministries
Is Hearth To Hearth Ministries a legitimate charity?
Hearth To Hearth Ministries (EIN: 562660841) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $374K. No red flags identified. Financial health grade: A.
How does Hearth To Hearth Ministries spend its money?
Hearth To Hearth Ministries reported $374K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hearth To Hearth Ministries tax-deductible?
Hearth To Hearth Ministries is registered as a tax-exempt nonprofit (EIN: 562660841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hearth To Hearth Ministries located?
Hearth To Hearth Ministries is headquartered in Lake Ann, Michigan and files with the IRS under EIN 562660841. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Hearth To Hearth Ministries have?
Hearth To Hearth Ministries 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 $374K in total revenue.
Filing History
IRS 990 filing history for Hearth To Hearth Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hearth To Hearth Ministries's revenue has grown by 215.1%, moving from $97K to $304K. Total assets increased by 88.9% over the same period, from $162K to $305K. Total functional expenses rose by 68.9%, from $133K to $224K. In its most recent filing year (2023), Hearth To Hearth Ministries reported a surplus of $80K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $304K | $224K | $305K | $0 | — | View 990 |
| 2022 | $242K | $209K | $231K | $6K | — | View 990 |
| 2021 | $198K | $169K | $200K | $8K | — | — |
| 2020 | $168K | $138K | $173K | $11K | — | — |
| 2019 | $176K | $152K | $153K | $21K | — | View 990 |
| 2018 | $165K | $170K | $137K | $29K | — | View 990 |
| 2017 | $161K | $175K | $151K | $37K | — | View 990 |
| 2016 | $133K | $161K | $157K | $30K | — | View 990 |
| 2015 | $152K | $142K | $156K | $0 | — | View 990 |
| 2014 | $163K | $155K | $148K | $2K | — | View 990 |
| 2013 | $182K | $172K | $154K | $0 | — | View 990 |
| 2012 | $136K | $146K | $147K | $3K | — | View 990 |
| 2011 | $97K | $133K | $162K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $304K, expenses of $224K, and assets of $305K (revenue +25.9% year-over-year).
- 2022: Revenue of $242K, expenses of $209K, and assets of $231K (revenue +22.3% year-over-year).
- 2021: Revenue of $198K, expenses of $169K, and assets of $200K (revenue +17.5% year-over-year).
- 2020: Revenue of $168K, expenses of $138K, and assets of $173K (revenue -4.6% year-over-year).
- 2019: Revenue of $176K, expenses of $152K, and assets of $153K (revenue +7.0% year-over-year).
- 2018: Revenue of $165K, expenses of $170K, and assets of $137K (revenue +2.4% year-over-year).
- 2017: Revenue of $161K, expenses of $175K, and assets of $151K (revenue +21.1% year-over-year).
- 2016: Revenue of $133K, expenses of $161K, and assets of $157K (revenue -12.5% year-over-year).
- 2015: Revenue of $152K, expenses of $142K, and assets of $156K (revenue -6.8% year-over-year).
- 2014: Revenue of $163K, expenses of $155K, and assets of $148K (revenue -10.7% year-over-year).
- 2013: Revenue of $182K, expenses of $172K, and assets of $154K (revenue +34.1% year-over-year).
- 2012: Revenue of $136K, expenses of $146K, and assets of $147K (revenue +40.8% year-over-year).
- 2011: Revenue of $97K, expenses of $133K, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hearth To Hearth Ministries:
Data Sources and Methodology
This transparency report for Hearth To Hearth Ministries 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.