Help Initiative Inc
EIN: 812872421 · Dover, DE · NTEE: L01
| Metric | Value |
|---|---|
| Total Revenue | $850K |
| Total Expenses | $2.0M |
| Net Assets | $884K |
Is Help Initiative Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Help Initiative Inc
Help Initiative Inc (EIN: 812872421) is a nonprofit organization based in Dover, DE, classified under NTEE code L01. The organization reported total revenue of $850K and total assets of $347K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Help Initiative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Help Initiative Inc is a small nonprofit that has been operating for 10 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 91.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$831K |
| Total Assets | $888K |
| Total Liabilities | $4K |
| Net Assets | $884K |
| Operating Margin | 29.4% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2023, Help Initiative Inc reported a surplus of $831K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Help Initiative Inc's revenue has grown at a compound annual growth rate (CAGR) of 91.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.5% | +39.7% | +1180.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Help Initiative Inc 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 Help Initiative Inc 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 $831K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Help Initiative Inc
Is Help Initiative Inc a legitimate charity?
Help Initiative Inc (EIN: 812872421) is a registered tax-exempt nonprofit based in Delaware. It has 2 years of IRS 990 filings on record. Total revenue: $850K. No red flags identified. Financial health grade: A.
How does Help Initiative Inc spend its money?
Help Initiative Inc reported $850K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Help Initiative Inc tax-deductible?
Help Initiative Inc is registered as a tax-exempt nonprofit (EIN: 812872421). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Help Initiative Inc located?
Help Initiative Inc is headquartered in Dover, Delaware and files with the IRS under EIN 812872421. It is classified under NTEE code L01.
How many years of IRS 990 filings does Help Initiative Inc have?
Help Initiative Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $850K in total revenue.
Filing History
IRS 990 filing history for Help Initiative Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Help Initiative Inc's revenue has grown by 91.5%, moving from $1.5M to $2.8M. Total assets increased by 1180.8% over the same period, from $69K to $888K. Total functional expenses rose by 39.7%, from $1.4M to $2.0M. In its most recent filing year (2023), Help Initiative Inc reported a surplus of $831K, with revenue exceeding expenses. The organization holds $4K in liabilities against $888K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $884K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.0M | $888K | $4K | — | View 990 |
| 2022 | $1.5M | $1.4M | $69K | $15K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Help Initiative Inc:
Data Sources and Methodology
This transparency report for Help Initiative 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.