Helps Education Fund
EIN: 452046989 · Raleigh, NC · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.3M |
| Net Assets | $1.5M |
Is Helps Education Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Helps Education Fund
Helps Education Fund (EIN: 452046989) is a nonprofit organization based in Raleigh, NC, classified under NTEE code B90. The organization reported total revenue of $2.7M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helps Education Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helps Education Fund is a mid-size nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 40.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$381K |
| Total Assets | $1.6M |
| Total Liabilities | $102K |
| Net Assets | $1.5M |
| Operating Margin | 14.3% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2023, Helps Education Fund reported a surplus of $381K with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Helps Education Fund's revenue has grown at a compound annual growth rate (CAGR) of 40.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.5% | +39.1% | +32.1% |
| 2022 | +81.8% | +118.7% | +32.4% |
| 2021 | +71.9% | +42.8% | +135.5% |
| 2020 | +101.0% | +103.9% | +252.7% |
| 2019 | +495.8% | +228.2% | +1411.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Helps Education Fund 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 Helps Education Fund 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 $381K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.5%.
Frequently Asked Questions about Helps Education Fund
Is Helps Education Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Helps Education Fund (EIN: 452046989) insufficient data. 0 red flags identified, 0 strengths noted.
How does Helps Education Fund spend its money?
Detailed spending breakdown data is not yet available for Helps Education Fund. Check back for updated IRS 990 analysis.
Are donations to Helps Education Fund tax-deductible?
Helps Education Fund is registered as a tax-exempt nonprofit (EIN: 452046989). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Helps Education Fund located?
Helps Education Fund is headquartered in Raleigh, North Carolina and files with the IRS under EIN 452046989. It is classified under NTEE code B90.
How many years of IRS 990 filings does Helps Education Fund have?
Helps Education Fund has 11 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 $2.7M in total revenue.
Filing History
IRS 990 filing history for Helps Education Fund showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Helps Education Fund's revenue has grown by 2913.6%, moving from $89K to $2.7M. Total assets increased by 3129.4% over the same period, from $49K to $1.6M. Total functional expenses rose by 3391.9%, from $66K to $2.3M. In its most recent filing year (2023), Helps Education Fund reported a surplus of $381K, with revenue exceeding expenses. The organization holds $102K in liabilities against $1.6M in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.3M | $1.6M | $102K | — | View 990 |
| 2022 | $2.1M | $1.6M | $1.2M | $98K | — | View 990 |
| 2021 | $1.2M | $752K | $905K | $253K | — | — |
| 2020 | $670K | $527K | $384K | $159K | — | View 990 |
| 2019 | $333K | $258K | $109K | $27K | — | View 990 |
| 2018 | $56K | $79K | $7K | $0 | — | View 990 |
| 2017 | $55K | $73K | $30K | $0 | — | View 990 |
| 2016 | $71K | $99K | $49K | $0 | — | View 990 |
| 2015 | $56K | $30K | $76K | $0 | — | View 990 |
| 2014 | $350K | $347K | $53K | $0 | — | View 990 |
| 2013 | $89K | $66K | $49K | $192 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.3M, and assets of $1.6M (revenue +27.5% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.6M, and assets of $1.2M (revenue +81.8% year-over-year).
- 2021: Revenue of $1.2M, expenses of $752K, and assets of $905K (revenue +71.9% year-over-year).
- 2020: Revenue of $670K, expenses of $527K, and assets of $384K (revenue +101.0% year-over-year).
- 2019: Revenue of $333K, expenses of $258K, and assets of $109K (revenue +495.8% year-over-year).
- 2018: Revenue of $56K, expenses of $79K, and assets of $7K (revenue +2.4% year-over-year).
- 2017: Revenue of $55K, expenses of $73K, and assets of $30K (revenue -23.0% year-over-year).
- 2016: Revenue of $71K, expenses of $99K, and assets of $49K (revenue +27.7% year-over-year).
- 2015: Revenue of $56K, expenses of $30K, and assets of $76K (revenue -84.1% year-over-year).
- 2014: Revenue of $350K, expenses of $347K, and assets of $53K (revenue +295.7% year-over-year).
- 2013: Revenue of $89K, expenses of $66K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helps Education Fund:
Data Sources and Methodology
This transparency report for Helps Education Fund 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.