Hekima Place Inc
Hekima Place Inc. maintains stable assets and reports no officer compensation, despite fluctuating revenues.
EIN: 203153378 · Pittsburgh, PA · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $972K |
| Total Expenses | $756K |
| Program Spending | 85% |
| Net Assets | $1.8M |
| Transparency Score | 90/100 |
Is Hekima Place Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hekima Place Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hekima Place Inc
Hekima Place Inc (EIN: 203153378) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code P30. The organization reported total revenue of $972K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hekima Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hekima Place Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $851K |
| Total Expenses | $756K |
| Surplus / Deficit | +$95K |
| Total Assets | $1.8M |
| Total Liabilities | $12K |
| Net Assets | $1.8M |
| Operating Margin | 11.1% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 28.7 months |
Financial Health Grade: A
In 2023, Hekima Place Inc reported a surplus of $95K with revenue exceeding expenses, holds 28.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Hekima Place Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.1% | +20.2% | +5.8% |
| 2022 | +24.6% | -14.4% | -0.8% |
| 2021 | +20.4% | +1.3% | -14.2% |
| 2020 | -50.7% | -56.5% | -4.2% |
| 2019 | -30.3% | +148.7% | -45.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Hekima Place Inc with a Mission Score of 90 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, Hekima Place Inc 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 surplus of $95K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Hekima Place Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive indicator, suggesting that all funds are directed towards the organization's mission and operational costs, rather than executive salaries.
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 Hekima Place Inc's IRS 990 filings:
- Significant fluctuations in annual revenue, requiring consistent fundraising efforts.
Strengths
The following positive indicators were identified for Hekima Place Inc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission.
- Assets consistently far exceed liabilities, demonstrating financial stability.
- Long history of IRS 990 filings (14 filings), showing transparency and compliance.
- Demonstrated ability to recover revenue after periods of decline.
Frequently Asked Questions about Hekima Place Inc
Is Hekima Place Inc a legitimate charity?
Hekima Place Inc (EIN: 203153378) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $972K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Hekima Place Inc spend its money?
Hekima Place Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hekima Place Inc tax-deductible?
Hekima Place Inc is registered as a tax-exempt nonprofit (EIN: 203153378). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hekima Place Inc's spending goes to programs?
Hekima Place Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hekima Place Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Hekima Place Inc is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hekima Place Inc located?
Hekima Place Inc is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 203153378. It is classified under NTEE code P30.
How many years of IRS 990 filings does Hekima Place Inc have?
Hekima Place Inc has 14 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 $972K in total revenue.
Is Hekima Place Inc. financially stable?
Yes, Hekima Place Inc. appears financially stable. Their assets consistently outweigh liabilities by a significant margin (e.g., $1,807,604 in assets vs. $12,017 in liabilities in 2023), and they have demonstrated recovery in revenue after some dips.
How does Hekima Place Inc. manage executive compensation?
Hekima Place Inc. reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This is an excellent practice for a nonprofit, ensuring funds are maximized for programmatic use.
Has Hekima Place Inc.'s revenue been consistent?
No, Hekima Place Inc.'s revenue has fluctuated. It saw a high of $1,499,724 in 2018, dipped to $515,356 in 2020, and has since recovered to $850,784 in 2023.
What is the trend in Hekima Place Inc.'s assets?
Hekima Place Inc.'s assets have generally been strong, peaking at $3,838,034 in 2018 and currently standing at $1,807,604 in 2023, indicating a solid financial foundation despite some reduction from peak levels.
Filing History
IRS 990 filing history for Hekima Place Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Hekima Place Inc's revenue has grown by 11.2%, moving from $765K to $851K. Total assets increased by 37.5% over the same period, from $1.3M to $1.8M. Total functional expenses rose by 188.1%, from $262K to $756K. In its most recent filing year (2023), Hekima Place Inc reported a surplus of $95K, with revenue exceeding expenses. The organization holds $12K in liabilities against $1.8M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $851K | $756K | $1.8M | $12K | — | — |
| 2022 | $773K | $629K | $1.7M | $2K | — | View 990 |
| 2021 | $620K | $734K | $1.7M | $6K | — | View 990 |
| 2020 | $515K | $725K | $2.0M | $232K | — | View 990 |
| 2019 | $1.0M | $1.7M | $2.1M | $216K | — | View 990 |
| 2018 | $1.5M | $670K | $3.8M | $13K | — | View 990 |
| 2017 | $1.2M | $637K | $3.1M | $20K | — | View 990 |
| 2016 | $788K | $550K | $2.5M | $12K | — | View 990 |
| 2015 | $533K | $474K | $2.2M | $15K | — | View 990 |
| 2014 | $600K | $446K | $2.2M | $15K | — | View 990 |
| 2013 | $812K | $436K | $2.0M | $12K | — | View 990 |
| 2012 | $552K | $386K | $1.6M | $9K | — | View 990 |
| 2011 | $481K | $309K | $1.5M | $9K | — | View 990 |
| 2010 | $765K | $262K | $1.3M | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $851K, expenses of $756K, and assets of $1.8M (revenue +10.1% year-over-year).
- 2022: Revenue of $773K, expenses of $629K, and assets of $1.7M (revenue +24.6% year-over-year).
- 2021: Revenue of $620K, expenses of $734K, and assets of $1.7M (revenue +20.4% year-over-year).
- 2020: Revenue of $515K, expenses of $725K, and assets of $2.0M (revenue -50.7% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.7M, and assets of $2.1M (revenue -30.3% year-over-year).
- 2018: Revenue of $1.5M, expenses of $670K, and assets of $3.8M (revenue +25.9% year-over-year).
- 2017: Revenue of $1.2M, expenses of $637K, and assets of $3.1M (revenue +51.3% year-over-year).
- 2016: Revenue of $788K, expenses of $550K, and assets of $2.5M (revenue +47.9% year-over-year).
- 2015: Revenue of $533K, expenses of $474K, and assets of $2.2M (revenue -11.3% year-over-year).
- 2014: Revenue of $600K, expenses of $446K, and assets of $2.2M (revenue -26.0% year-over-year).
- 2013: Revenue of $812K, expenses of $436K, and assets of $2.0M (revenue +47.2% year-over-year).
- 2012: Revenue of $552K, expenses of $386K, and assets of $1.6M (revenue +14.8% year-over-year).
- 2011: Revenue of $481K, expenses of $309K, and assets of $1.5M (revenue -37.2% year-over-year).
- 2010: Revenue of $765K, expenses of $262K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hekima Place Inc:
Data Sources and Methodology
This transparency report for Hekima Place Inc 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.