Hearthstone At Serenity Creek
EIN: 463825098 · Woodstock, IL · NTEE: L22
About Hearthstone At Serenity Creek
Hearthstone At Serenity Creek (EIN: 463825098) is a nonprofit organization based in Woodstock, IL, classified under NTEE code L22. The organization reported total revenue of $728K and total assets of $72K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearthstone At Serenity Creek's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Hearthstone At Serenity Creek 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 Hearthstone At Serenity Creek 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.
Filing History
IRS 990 filing history for Hearthstone At Serenity Creek showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2023), Hearthstone At Serenity Creek's revenue has declined by 81.7%, moving from $112K to $20K. Total assets decreased by 82.5% over the same period, from $2.7M to $476K. Total functional expenses fell by 42.4%, from $133K to $76K. In its most recent filing year (2023), Hearthstone At Serenity Creek reported a deficit of $56K, with expenses exceeding revenue. The organization holds $703K in liabilities against $476K in assets (debt-to-asset ratio: 147.9%), resulting in net assets of $-227,674.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $76K | $476K | $703K | — | — |
| 2022 | $119K | $71K | $584K | $926K | — | View 990 |
| 2021 | $93K | $69K | $802K | $1.2M | — | View 990 |
| 2020 | $6K | $78K | $1.0M | $1.4M | — | — |
| 2019 | $60K | $85K | $1.1M | $1.4M | — | View 990 |
| 2018 | $202K | $163K | $1.1M | $1.4M | — | View 990 |
| 2017 | $94K | $126K | $1.6M | $1.9M | — | View 990 |
| 2017 | $113K | $176K | $2.0M | $2.1M | — | View 990 |
| 2016 | $155K | $218K | $2.1M | $2.2M | — | View 990 |
| 2015 | $157K | $183K | $2.7M | $2.7M | — | View 990 |
| 2014 | $112K | $133K | $2.7M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $76K, and assets of $476K (revenue -82.8% year-over-year).
- 2022: Revenue of $119K, expenses of $71K, and assets of $584K (revenue +28.9% year-over-year).
- 2021: Revenue of $93K, expenses of $69K, and assets of $802K (revenue +1522.1% year-over-year).
- 2020: Revenue of $6K, expenses of $78K, and assets of $1.0M (revenue -90.4% year-over-year).
- 2019: Revenue of $60K, expenses of $85K, and assets of $1.1M (revenue -70.4% year-over-year).
- 2018: Revenue of $202K, expenses of $163K, and assets of $1.1M (revenue +114.3% year-over-year).
- 2017: Revenue of $94K, expenses of $126K, and assets of $1.6M (revenue -16.4% year-over-year).
- 2017: Revenue of $113K, expenses of $176K, and assets of $2.0M (revenue -27.1% year-over-year).
- 2016: Revenue of $155K, expenses of $218K, and assets of $2.1M (revenue -1.2% year-over-year).
- 2015: Revenue of $157K, expenses of $183K, and assets of $2.7M (revenue +39.9% year-over-year).
- 2014: Revenue of $112K, expenses of $133K, and assets of $2.7M.
Data Sources and Methodology
This transparency report for Hearthstone At Serenity Creek 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.