Heartland Hams Incorporated
Heartland Hams Incorporated experiences significant revenue and asset decline, operating with minimal financial activity and no officer compensation.
EIN: 205135191 · Papillion, NE · NTEE: M20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $911 |
| Program Spending | 90% |
| Net Assets | $2K |
| Transparency Score | 85/100 |
Is Heartland Hams Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heartland Hams Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heartland Hams Incorporated
Heartland Hams Incorporated (EIN: 205135191) is a nonprofit organization based in Papillion, NE, classified under NTEE code M20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartland Hams Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartland Hams Incorporated is a micro nonprofit that has been operating for 15 years, with 2 years of IRS 990 filings on record (2014–2015). Revenue has grown at a compound annual rate of -90.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $171 |
| Total Expenses | $911 |
| Surplus / Deficit | $-740 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | -432.7% |
| Months of Reserves | 22.9 months |
Financial Health Grade: B
In 2015, Heartland Hams Incorporated reported a deficit of $740 with expenses exceeding revenue, holds 22.9 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2014–2015), Heartland Hams Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -90.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -90.3% | -35.3% | -29.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Heartland Hams Incorporated with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Heartland Hams Incorporated allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $740, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% in both reported periods, indicating that the organization is entirely volunteer-run and no funds are allocated to officer salaries, which is highly commendable for a nonprofit of any size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Heartland Hams Incorporated's IRS 990 filings:
- Significant decline in revenue (from $1,755 to $171) between 2014 and 2015
- Declining assets (from $2,480 to $1,740) between 2014 and 2015
- Extremely low financial activity, potentially limiting program impact
Strengths
The following positive indicators were identified for Heartland Hams Incorporated:
- 100% volunteer-run with 0% officer compensation in both reported periods
- No liabilities reported in either period, indicating financial prudence
- Transparent with IRS 990 filings available
Frequently Asked Questions about Heartland Hams Incorporated
Is Heartland Hams Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Heartland Hams Incorporated (EIN: 205135191) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Heartland Hams Incorporated spend its money?
Heartland Hams Incorporated directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Heartland Hams Incorporated tax-deductible?
Heartland Hams Incorporated is registered as a tax-exempt nonprofit (EIN: 205135191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Heartland Hams Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Heartland Hams Incorporated is above average for NTEE category M20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heartland Hams Incorporated located?
Heartland Hams Incorporated is headquartered in Papillion, Nebraska and files with the IRS under EIN 205135191. It is classified under NTEE code M20.
How many years of IRS 990 filings does Heartland Hams Incorporated have?
Heartland Hams Incorporated has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Heartland Hams Incorporated a good charity?
Based on the available data, Heartland Hams Incorporated appears to be a very small, volunteer-driven organization with no executive compensation, which is a positive indicator of its commitment to its mission. However, its financial activity is extremely low, and it experienced a significant decline in revenue and assets between 2014 and 2015. For donors looking to make a significant impact, this organization's scale might be too small, but for those who value volunteerism and direct application of funds, it could be considered 'good' in its operational model.
What caused the significant drop in revenue from 2014 to 2015?
The IRS 990 data alone does not specify the exact cause of the revenue drop from $1,755 in 2014 to $171 in 2015. It could be due to a decrease in donations, grants, or other income sources. Further investigation into the organization's activities or narrative reports would be needed to understand this decline.
How does Heartland Hams Incorporated sustain itself with such low revenue?
With revenue as low as $171 in 2015, and no officer compensation, Heartland Hams Incorporated likely sustains itself through significant volunteer effort and minimal operational costs. Its activities are likely very small-scale, possibly relying on in-kind donations or very low-cost events to fulfill its mission.
Filing History
IRS 990 filing history for Heartland Hams Incorporated showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2015), Heartland Hams Incorporated's revenue has declined by 90.3%, moving from $2K to $171. Total assets decreased by 29.8% over the same period, from $2K to $2K. Total functional expenses fell by 35.3%, from $1K to $911. In its most recent filing year (2015), Heartland Hams Incorporated reported a deficit of $740, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $171 | $911 | $2K | $0 | — | View 990 |
| 2014 | $2K | $1K | $2K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartland Hams Incorporated:
Data Sources and Methodology
This transparency report for Heartland Hams Incorporated 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.