Heartland Philanthropy Inc
EIN: 300114375 · Ogallala, NE · NTEE: N30
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $20K |
| Net Assets | $28K |
Is Heartland Philanthropy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heartland Philanthropy Inc
Heartland Philanthropy Inc (EIN: 300114375) is a nonprofit organization based in Ogallala, NE, classified under NTEE code N30. The organization reported total revenue of $6K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartland Philanthropy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartland Philanthropy Inc is a micro nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -22.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $20K |
| Surplus / Deficit | $-14,011 |
| Total Assets | $28K |
| Net Assets | $28K |
| Operating Margin | -233.5% |
| Months of Reserves | 16.5 months |
Financial Health Grade: B
In 2020, Heartland Philanthropy Inc reported a deficit of $14K with expenses exceeding revenue, holds 16.5 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Heartland Philanthropy Inc's revenue has declined at a compound annual growth rate (CAGR) of -22.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -86.7% | -70.7% | -33.7% |
| 2019 | -50.3% | +11.4% | -35.6% |
| 2018 | +116.2% | +10.6% | +85.9% |
| 2017 | +122.9% | +45.6% | -3.9% |
| 2016 | -36.8% | +4.5% | -34.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heartland Philanthropy Inc 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 Heartland Philanthropy Inc 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
Frequently Asked Questions about Heartland Philanthropy Inc
Is Heartland Philanthropy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heartland Philanthropy Inc (EIN: 300114375) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heartland Philanthropy Inc spend its money?
Detailed spending breakdown data is not yet available for Heartland Philanthropy Inc. Check back for updated IRS 990 analysis.
Are donations to Heartland Philanthropy Inc tax-deductible?
Heartland Philanthropy Inc is registered as a tax-exempt nonprofit (EIN: 300114375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heartland Philanthropy Inc located?
Heartland Philanthropy Inc is headquartered in Ogallala, Nebraska and files with the IRS under EIN 300114375. It is classified under NTEE code N30.
How many years of IRS 990 filings does Heartland Philanthropy Inc have?
Heartland Philanthropy Inc has 10 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 $6K in total revenue.
Filing History
IRS 990 filing history for Heartland Philanthropy Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Heartland Philanthropy Inc's revenue has declined by 89.4%, moving from $57K to $6K. Total assets decreased by 30.7% over the same period, from $40K to $28K. Total functional expenses fell by 48.8%, from $39K to $20K. In its most recent filing year (2020), Heartland Philanthropy Inc reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $6K | $20K | $28K | $0 | — | — |
| 2019 | $45K | $68K | $42K | $0 | — | View 990 |
| 2018 | $91K | $61K | $65K | $0 | — | View 990 |
| 2017 | $42K | $55K | $35K | $0 | — | — |
| 2016 | $19K | $38K | $36K | $0 | — | View 990 |
| 2015 | $30K | $36K | $55K | $0 | — | View 990 |
| 2014 | $34K | $47K | $62K | $0 | — | View 990 |
| 2013 | $68K | $27K | $75K | $0 | — | View 990 |
| 2012 | $33K | $39K | $34K | $0 | — | View 990 |
| 2011 | $57K | $39K | $40K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $6K, expenses of $20K, and assets of $28K (revenue -86.7% year-over-year).
- 2019: Revenue of $45K, expenses of $68K, and assets of $42K (revenue -50.3% year-over-year).
- 2018: Revenue of $91K, expenses of $61K, and assets of $65K (revenue +116.2% year-over-year).
- 2017: Revenue of $42K, expenses of $55K, and assets of $35K (revenue +122.9% year-over-year).
- 2016: Revenue of $19K, expenses of $38K, and assets of $36K (revenue -36.8% year-over-year).
- 2015: Revenue of $30K, expenses of $36K, and assets of $55K (revenue -13.2% year-over-year).
- 2014: Revenue of $34K, expenses of $47K, and assets of $62K (revenue -49.1% year-over-year).
- 2013: Revenue of $68K, expenses of $27K, and assets of $75K (revenue +103.5% year-over-year).
- 2012: Revenue of $33K, expenses of $39K, and assets of $34K (revenue -41.4% year-over-year).
- 2011: Revenue of $57K, expenses of $39K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartland Philanthropy Inc:
Data Sources and Methodology
This transparency report for Heartland Philanthropy Inc 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.