Hearts And Hammers Twin Cities
EIN: 411955595 · Roseville, MN · NTEE: L81
| Metric | Value |
|---|---|
| Total Revenue | $529K |
| Total Expenses | $365K |
| Net Assets | $424K |
Is Hearts And Hammers Twin Cities Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hearts And Hammers Twin Cities
Hearts And Hammers Twin Cities (EIN: 411955595) is a nonprofit organization based in Roseville, MN, classified under NTEE code L81. The organization reported total revenue of $529K and total assets of $399K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearts And Hammers Twin Cities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hearts And Hammers Twin Cities is a small nonprofit that has been operating for 26 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 | $475K |
| Total Expenses | $365K |
| Surplus / Deficit | +$110K |
| Total Assets | $464K |
| Total Liabilities | $40K |
| Net Assets | $424K |
| Operating Margin | 23.1% |
| Debt-to-Asset Ratio | 8.6% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, Hearts And Hammers Twin Cities reported a surplus of $110K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hearts And Hammers Twin Cities's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.2% | +12.3% | +26.9% |
| 2022 | +19.9% | +28.5% | +51.7% |
| 2021 | +65.1% | +36.3% | +57.6% |
| 2020 | -45.4% | -44.4% | +12.9% |
| 2019 | +15.2% | -10.6% | +39.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hearts And Hammers Twin Cities 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 Hearts And Hammers Twin Cities 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 $110K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.6%.
Frequently Asked Questions about Hearts And Hammers Twin Cities
Is Hearts And Hammers Twin Cities a legitimate charity?
Hearts And Hammers Twin Cities (EIN: 411955595) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $529K. No red flags identified. Financial health grade: A.
How does Hearts And Hammers Twin Cities spend its money?
Hearts And Hammers Twin Cities reported $529K 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 Hearts And Hammers Twin Cities tax-deductible?
Hearts And Hammers Twin Cities is registered as a tax-exempt nonprofit (EIN: 411955595). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hearts And Hammers Twin Cities located?
Hearts And Hammers Twin Cities is headquartered in Roseville, Minnesota and files with the IRS under EIN 411955595. It is classified under NTEE code L81.
How many years of IRS 990 filings does Hearts And Hammers Twin Cities have?
Hearts And Hammers Twin Cities 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 $529K in total revenue.
Filing History
IRS 990 filing history for Hearts And Hammers Twin Cities showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hearts And Hammers Twin Cities's revenue has grown by 215%, moving from $151K to $475K. Total assets increased by 377.2% over the same period, from $97K to $464K. Total functional expenses rose by 182.5%, from $129K to $365K. In its most recent filing year (2023), Hearts And Hammers Twin Cities reported a surplus of $110K, with revenue exceeding expenses. The organization holds $40K in liabilities against $464K in assets (debt-to-asset ratio: 8.6%), resulting in net assets of $424K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $475K | $365K | $464K | $40K | — | View 990 |
| 2022 | $402K | $325K | $366K | $62K | — | View 990 |
| 2021 | $335K | $253K | $241K | $12K | — | — |
| 2020 | $203K | $186K | $153K | $6K | — | View 990 |
| 2019 | $372K | $334K | $136K | $6K | — | View 990 |
| 2018 | $323K | $373K | $97K | $5K | — | View 990 |
| 2017 | $218K | $261K | $153K | $10K | — | View 990 |
| 2016 | $249K | $230K | $212K | $26K | — | View 990 |
| 2015 | $139K | $111K | $166K | $0 | — | View 990 |
| 2014 | $149K | $139K | $139K | $923 | — | View 990 |
| 2013 | $151K | $118K | $129K | $0 | — | View 990 |
| 2012 | $142K | $140K | $99K | $3K | — | View 990 |
| 2011 | $151K | $129K | $97K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $475K, expenses of $365K, and assets of $464K (revenue +18.2% year-over-year).
- 2022: Revenue of $402K, expenses of $325K, and assets of $366K (revenue +19.9% year-over-year).
- 2021: Revenue of $335K, expenses of $253K, and assets of $241K (revenue +65.1% year-over-year).
- 2020: Revenue of $203K, expenses of $186K, and assets of $153K (revenue -45.4% year-over-year).
- 2019: Revenue of $372K, expenses of $334K, and assets of $136K (revenue +15.2% year-over-year).
- 2018: Revenue of $323K, expenses of $373K, and assets of $97K (revenue +48.4% year-over-year).
- 2017: Revenue of $218K, expenses of $261K, and assets of $153K (revenue -12.8% year-over-year).
- 2016: Revenue of $249K, expenses of $230K, and assets of $212K (revenue +79.2% year-over-year).
- 2015: Revenue of $139K, expenses of $111K, and assets of $166K (revenue -6.3% year-over-year).
- 2014: Revenue of $149K, expenses of $139K, and assets of $139K (revenue -2.0% year-over-year).
- 2013: Revenue of $151K, expenses of $118K, and assets of $129K (revenue +6.5% year-over-year).
- 2012: Revenue of $142K, expenses of $140K, and assets of $99K (revenue -5.6% year-over-year).
- 2011: Revenue of $151K, expenses of $129K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hearts And Hammers Twin Cities:
Data Sources and Methodology
This transparency report for Hearts And Hammers Twin Cities 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.