Hearts And Hands For Haiti
Hearts And Hands For Haiti consistently operates with zero liabilities and volunteer leadership, though recent expenses have exceeded revenue.
EIN: 113763605 · Raleigh, NC · NTEE: Q33 · Updated: 2026-03-28
Is Hearts And Hands For Haiti Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hearts And Hands For Haiti directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hearts And Hands For Haiti
Hearts And Hands For Haiti (EIN: 113763605) is a nonprofit organization based in Raleigh, NC, classified under NTEE code Q33. The organization reported total revenue of $693K and total assets of $702K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearts And Hands For Haiti's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hearts And Hands For Haiti is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $747K |
| Total Expenses | $807K |
| Surplus / Deficit | $-59,765 |
| Total Assets | $662K |
| Net Assets | $662K |
| Operating Margin | -8.0% |
| Months of Reserves | 9.8 months |
Financial Health Grade: B
In 2023, Hearts And Hands For Haiti reported a deficit of $60K with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hearts And Hands For Haiti's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +4.8% | -8.3% |
| 2022 | -4.2% | +3.6% | -10.6% |
| 2021 | +-0.0% | +25.7% | -3.4% |
| 2020 | +15.7% | -6.0% | +17.3% |
| 2019 | -0.1% | +4.8% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Hearts And Hands For Haiti with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Hearts And Hands For Haiti allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led executive team, which is highly efficient and directs more funds to its mission.
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 Hearts And Hands For Haiti's IRS 990 filings:
- Expenses exceeding revenue in recent fiscal periods (e.g., $806,802 expenses vs. $747,037 revenue in 2023).
- Slight decline in total assets over the last few years.
Strengths
The following positive indicators were identified for Hearts And Hands For Haiti:
- Zero reported liabilities across all filings, indicating strong financial solvency.
- 0% officer compensation, demonstrating highly efficient and volunteer-led executive management.
- Consistent IRS 990 filing history (13 filings), indicating strong transparency.
- Healthy asset base, consistently above $600,000.
Frequently Asked Questions about Hearts And Hands For Haiti
Is Hearts And Hands For Haiti a legitimate charity?
Based on AI analysis of IRS 990 filings, Hearts And Hands For Haiti (EIN: 113763605) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Hearts And Hands For Haiti spend its money?
Hearts And Hands For Haiti directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hearts And Hands For Haiti tax-deductible?
Hearts And Hands For Haiti is registered as a tax-exempt nonprofit (EIN: 113763605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Hearts And Hands For Haiti financially sustainable given recent deficits?
While the organization has a strong asset base and no liabilities, expenses have exceeded revenue in the last two reported periods (2023 and 2022). This trend, if continued, could impact long-term financial sustainability and warrants monitoring.
How does the lack of officer compensation impact the organization?
The absence of officer compensation suggests a volunteer-driven leadership, which significantly reduces administrative overhead and allows a greater proportion of funds to be allocated directly to program services, enhancing efficiency.
What is the trend in the organization's assets?
Assets have fluctuated but show a slight downward trend in recent years, from a high of $835,945 in 2020 to $662,020 in 2023, likely influenced by the recent periods of expenses exceeding revenue.
Filing History
IRS 990 filing history for Hearts And Hands For Haiti showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hearts And Hands For Haiti's revenue has grown by 40.7%, moving from $531K to $747K. Total assets increased by 17.7% over the same period, from $563K to $662K. Total functional expenses rose by 90.1%, from $424K to $807K. In its most recent filing year (2023), Hearts And Hands For Haiti reported a deficit of $60K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $747K | $807K | $662K | $0 | — | View 990 |
| 2022 | $685K | $770K | $722K | $0 | — | View 990 |
| 2021 | $715K | $743K | $807K | $0 | — | View 990 |
| 2020 | $715K | $592K | $836K | $0 | — | View 990 |
| 2019 | $618K | $629K | $713K | $0 | — | View 990 |
| 2018 | $619K | $600K | $724K | $0 | — | View 990 |
| 2017 | $744K | $747K | $706K | $0 | — | View 990 |
| 2016 | $682K | $618K | $709K | $0 | — | View 990 |
| 2015 | $643K | $581K | $645K | $0 | — | View 990 |
| 2014 | $538K | $626K | $583K | $0 | — | View 990 |
| 2013 | $602K | $470K | $671K | $0 | — | View 990 |
| 2012 | $530K | $553K | $539K | $0 | — | View 990 |
| 2011 | $531K | $424K | $563K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $747K, expenses of $807K, and assets of $662K (revenue +9.1% year-over-year).
- 2022: Revenue of $685K, expenses of $770K, and assets of $722K (revenue -4.2% year-over-year).
- 2021: Revenue of $715K, expenses of $743K, and assets of $807K (revenue +-0.0% year-over-year).
- 2020: Revenue of $715K, expenses of $592K, and assets of $836K (revenue +15.7% year-over-year).
- 2019: Revenue of $618K, expenses of $629K, and assets of $713K (revenue -0.1% year-over-year).
- 2018: Revenue of $619K, expenses of $600K, and assets of $724K (revenue -16.9% year-over-year).
- 2017: Revenue of $744K, expenses of $747K, and assets of $706K (revenue +9.2% year-over-year).
- 2016: Revenue of $682K, expenses of $618K, and assets of $709K (revenue +5.9% year-over-year).
- 2015: Revenue of $643K, expenses of $581K, and assets of $645K (revenue +19.5% year-over-year).
- 2014: Revenue of $538K, expenses of $626K, and assets of $583K (revenue -10.6% year-over-year).
- 2013: Revenue of $602K, expenses of $470K, and assets of $671K (revenue +13.7% year-over-year).
- 2012: Revenue of $530K, expenses of $553K, and assets of $539K (revenue -0.2% year-over-year).
- 2011: Revenue of $531K, expenses of $424K, and assets of $563K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hearts And Hands For Haiti:
Data Sources and Methodology
This transparency report for Hearts And Hands For Haiti 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.