Heineman Family Foundation
EIN: 460430921 · Sioux Falls, SD · NTEE: T31Z
| Metric | Value |
|---|---|
| Total Expenses | $7K |
| Net Assets | $-11,908 |
Is Heineman Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heineman Family Foundation
Heineman Family Foundation (EIN: 460430921) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code T31Z. 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 Heineman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heineman Family Foundation is a micro nonprofit that has been operating for 31 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -33.1%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $7K |
| Surplus / Deficit | $-2,436 |
| Total Assets | $1K |
| Total Liabilities | $13K |
| Net Assets | $-11,908 |
| Operating Margin | -50.9% |
| Debt-to-Asset Ratio | 1190.5% |
| Months of Reserves | 1.8 months |
Financial Health Grade: D
In 2017, Heineman Family Foundation reported a deficit of $2K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 1190.5% (high leverage).
Financial Trends
Over 7 years of filings (2011–2017), Heineman Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -33.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -18.7% | -56.1% | -69.0% |
| 2016 | -68.3% | -21.0% | +227.9% |
| 2015 | -56.8% | -47.8% | -67.7% |
| 2014 | +41.5% | -6.2% | +1583.3% |
| 2013 | -1.7% | +8.3% | -98.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heineman Family Foundation 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 Heineman Family Foundation 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1190.5%.
Frequently Asked Questions about Heineman Family Foundation
Is Heineman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Heineman Family Foundation (EIN: 460430921) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heineman Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Heineman Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Heineman Family Foundation tax-deductible?
Heineman Family Foundation is registered as a tax-exempt nonprofit (EIN: 460430921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heineman Family Foundation located?
Heineman Family Foundation is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 460430921. It is classified under NTEE code T31Z.
How many years of IRS 990 filings does Heineman Family Foundation have?
Heineman Family Foundation 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.
Filing History
IRS 990 filing history for Heineman Family Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Heineman Family Foundation's revenue has declined by 91%, moving from $53K to $5K. Total assets decreased by 94.7% over the same period, from $21K to $1K. Total functional expenses fell by 80.4%, from $37K to $7K. In its most recent filing year (2017), Heineman Family Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $13K in liabilities against $1K in assets (debt-to-asset ratio: 1190.5%), resulting in net assets of $-11,908.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $5K | $7K | $1K | $13K | — | View 990 |
| 2016 | $6K | $16K | $4K | $13K | — | View 990 |
| 2015 | $19K | $21K | $1K | $0 | — | View 990 |
| 2014 | $43K | $40K | $3K | $0 | — | View 990 |
| 2013 | $30K | $43K | $198 | $0 | — | View 990 |
| 2012 | $31K | $39K | $12K | $0 | — | View 990 |
| 2011 | $53K | $37K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $5K, expenses of $7K, and assets of $1K (revenue -18.7% year-over-year).
- 2016: Revenue of $6K, expenses of $16K, and assets of $4K (revenue -68.3% year-over-year).
- 2015: Revenue of $19K, expenses of $21K, and assets of $1K (revenue -56.8% year-over-year).
- 2014: Revenue of $43K, expenses of $40K, and assets of $3K (revenue +41.5% year-over-year).
- 2013: Revenue of $30K, expenses of $43K, and assets of $198 (revenue -1.7% year-over-year).
- 2012: Revenue of $31K, expenses of $39K, and assets of $12K (revenue -41.9% year-over-year).
- 2011: Revenue of $53K, expenses of $37K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heineman Family Foundation:
Data Sources and Methodology
This transparency report for Heineman Family Foundation 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.