Hearts For Nepal
EIN: 823042963 · Puyallup, WA · NTEE: Q32
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $65K |
| Net Assets | $19K |
Is Hearts For Nepal Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hearts For Nepal
Hearts For Nepal (EIN: 823042963) is a nonprofit organization based in Puyallup, WA, classified under NTEE code Q32. The organization reported total revenue of $169K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearts For Nepal's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hearts For Nepal is a small nonprofit that has been operating for 4 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 55.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $65K |
| Surplus / Deficit | +$5K |
| Total Assets | $19K |
| Net Assets | $19K |
| Operating Margin | 7.0% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, Hearts For Nepal reported a surplus of $5K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate).
Financial Trends
Over 7 years of filings (2017–2023), Hearts For Nepal's revenue has grown at a compound annual growth rate (CAGR) of 55.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.8% | +43.1% | +34.2% |
| 2021 | -100.0% | +0.5% | -18.2% |
| 2020 | -79.4% | -22.0% | -98.8% |
| 2019 | +23.0% | +53.1% | +30.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hearts For Nepal 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 For Nepal 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 $5K, with revenue exceeding expenses.
Frequently Asked Questions about Hearts For Nepal
Is Hearts For Nepal a legitimate charity?
Hearts For Nepal (EIN: 823042963) is a registered tax-exempt nonprofit based in Washington. It has 7 years of IRS 990 filings on record. Total revenue: $169K. No red flags identified. Financial health grade: A.
How does Hearts For Nepal spend its money?
Hearts For Nepal reported $169K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hearts For Nepal tax-deductible?
Hearts For Nepal is registered as a tax-exempt nonprofit (EIN: 823042963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hearts For Nepal located?
Hearts For Nepal is headquartered in Puyallup, Washington and files with the IRS under EIN 823042963. It is classified under NTEE code Q32.
How many years of IRS 990 filings does Hearts For Nepal have?
Hearts For Nepal has 7 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 $169K in total revenue.
Filing History
IRS 990 filing history for Hearts For Nepal showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Hearts For Nepal's revenue has grown by 1299.3%, moving from $5K to $70K. Total assets increased by 1495.3% over the same period, from $1K to $19K. Total functional expenses rose by 1612.9%, from $4K to $65K. In its most recent filing year (2023), Hearts For Nepal reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70K | $65K | $19K | $0 | — | — |
| 2022 | $118K | $45K | $14K | $0 | — | View 990 |
| 2021 | $0 | $44K | $180 | $59K | — | View 990 |
| 2020 | $13K | $44K | $220 | $14K | — | View 990 |
| 2019 | $61K | $57K | $18K | $0 | — | View 990 |
| 2018 | $49K | $37K | $14K | $0 | — | — |
| 2017 | $5K | $4K | $1K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $70K, expenses of $65K, and assets of $19K (revenue -40.8% year-over-year).
- 2022: Revenue of $118K, expenses of $45K, and assets of $14K.
- 2021: Revenue of $0, expenses of $44K, and assets of $180 (revenue -100.0% year-over-year).
- 2020: Revenue of $13K, expenses of $44K, and assets of $220 (revenue -79.4% year-over-year).
- 2019: Revenue of $61K, expenses of $57K, and assets of $18K (revenue +23.0% year-over-year).
- 2018: Revenue of $49K, expenses of $37K, and assets of $14K (revenue +887.4% year-over-year).
- 2017: Revenue of $5K, expenses of $4K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hearts For Nepal:
Data Sources and Methodology
This transparency report for Hearts For Nepal 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.