Heiser Scholarship Tr
EIN: 356794889 · South Bend, IN · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $321K |
| Total Expenses | $72K |
| Net Assets | $1.0M |
Is Heiser Scholarship Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heiser Scholarship Tr
Heiser Scholarship Tr (EIN: 356794889) is a nonprofit organization based in South Bend, IN, classified under NTEE code T22. The organization reported total revenue of $321K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heiser Scholarship Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heiser Scholarship Tr is a small nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $72K |
| Surplus / Deficit | $-13,425 |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | -22.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 172.9 months |
Financial Health Grade: B
In 2023, Heiser Scholarship Tr reported a deficit of $13K with expenses exceeding revenue, holds 172.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Heiser Scholarship Tr's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.8% | -8.5% | -1.3% |
| 2022 | +68.3% | +17.7% | +6.0% |
| 2021 | +70.8% | -4.5% | +1.6% |
| 2020 | +0.3% | +15.2% | -2.1% |
| 2019 | -29.6% | -19.5% | -9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heiser Scholarship Tr 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 Heiser Scholarship Tr 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 deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Heiser Scholarship Tr
Is Heiser Scholarship Tr a legitimate charity?
Heiser Scholarship Tr (EIN: 356794889) is a registered tax-exempt nonprofit based in Indiana. It has 10 years of IRS 990 filings on record. Total revenue: $321K. No red flags identified. Financial health grade: B.
How does Heiser Scholarship Tr spend its money?
Heiser Scholarship Tr reported $321K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heiser Scholarship Tr tax-deductible?
Heiser Scholarship Tr is registered as a tax-exempt nonprofit (EIN: 356794889). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heiser Scholarship Tr located?
Heiser Scholarship Tr is headquartered in South Bend, Indiana and files with the IRS under EIN 356794889. It is classified under NTEE code T22.
How many years of IRS 990 filings does Heiser Scholarship Tr have?
Heiser Scholarship Tr 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 $321K in total revenue.
Filing History
IRS 990 filing history for Heiser Scholarship Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Heiser Scholarship Tr's revenue has grown by 5.7%, moving from $56K to $59K. Total assets decreased by 7.3% over the same period, from $1.1M to $1.0M. Total functional expenses fell by 2.1%, from $74K to $72K. In its most recent filing year (2023), Heiser Scholarship Tr reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $72K | $1.0M | $1 | — | — |
| 2022 | $140K | $79K | $1.1M | $1 | — | View 990 |
| 2021 | $83K | $67K | $997K | $1 | — | — |
| 2020 | $49K | $70K | $982K | $1 | — | — |
| 2019 | $48K | $61K | $1.0M | $1 | — | View 990 |
| 2015 | $69K | $76K | $1.1M | $0 | — | View 990 |
| 2014 | $81K | $74K | $1.1M | $0 | — | View 990 |
| 2013 | $56K | $72K | $1.1M | $0 | — | View 990 |
| 2012 | $74K | $76K | $1.1M | $0 | — | View 990 |
| 2011 | $56K | $74K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $59K, expenses of $72K, and assets of $1.0M (revenue -57.8% year-over-year).
- 2022: Revenue of $140K, expenses of $79K, and assets of $1.1M (revenue +68.3% year-over-year).
- 2021: Revenue of $83K, expenses of $67K, and assets of $997K (revenue +70.8% year-over-year).
- 2020: Revenue of $49K, expenses of $70K, and assets of $982K (revenue +0.3% year-over-year).
- 2019: Revenue of $48K, expenses of $61K, and assets of $1.0M (revenue -29.6% year-over-year).
- 2015: Revenue of $69K, expenses of $76K, and assets of $1.1M (revenue -14.8% year-over-year).
- 2014: Revenue of $81K, expenses of $74K, and assets of $1.1M (revenue +44.9% year-over-year).
- 2013: Revenue of $56K, expenses of $72K, and assets of $1.1M (revenue -24.5% year-over-year).
- 2012: Revenue of $74K, expenses of $76K, and assets of $1.1M (revenue +32.2% year-over-year).
- 2011: Revenue of $56K, expenses of $74K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heiser Scholarship Tr:
Data Sources and Methodology
This transparency report for Heiser Scholarship Tr 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.