Henager Family Museum Henagers Memories & Nostalgia
EIN: 352040572 · Elberfeld, IN · NTEE: A54Z
| Metric | Value |
|---|---|
| Total Revenue | $374K |
| Total Expenses | $468K |
| Net Assets | $33K |
Is Henager Family Museum Henagers Memories & Nostalgia Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Henager Family Museum Henagers Memories & Nostalgia
Henager Family Museum Henagers Memories & Nostalgia (EIN: 352040572) is a nonprofit organization based in Elberfeld, IN, classified under NTEE code A54Z. The organization reported total revenue of $374K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henager Family Museum Henagers Memories & Nostalgia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Henager Family Museum Henagers Memories & Nostalgia is a small nonprofit that has been operating for 28 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $464K |
| Total Expenses | $468K |
| Surplus / Deficit | $-4,205 |
| Total Assets | $33K |
| Net Assets | $33K |
| Operating Margin | -0.9% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2023, Henager Family Museum Henagers Memories & Nostalgia reported a deficit of $4K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Henager Family Museum Henagers Memories & Nostalgia's revenue has grown at a compound annual growth rate (CAGR) of 27.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.3% | +12.8% | -11.4% |
| 2022 | +126.7% | +189.0% | -64.6% |
| 2021 | +33.8% | -5.0% | +183.0% |
| 2020 | +35.6% | +82.1% | -56.3% |
| 2019 | -26.0% | +30.7% | -12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Henager Family Museum Henagers Memories & Nostalgia 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 Henager Family Museum Henagers Memories & Nostalgia 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 $4K, with expenses exceeding revenue.
Frequently Asked Questions about Henager Family Museum Henagers Memories & Nostalgia
Is Henager Family Museum Henagers Memories & Nostalgia a legitimate charity?
Henager Family Museum Henagers Memories & Nostalgia (EIN: 352040572) is a registered tax-exempt nonprofit based in Indiana. It has 12 years of IRS 990 filings on record. Total revenue: $374K. No red flags identified. Financial health grade: C.
How does Henager Family Museum Henagers Memories & Nostalgia spend its money?
Henager Family Museum Henagers Memories & Nostalgia reported $374K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Henager Family Museum Henagers Memories & Nostalgia tax-deductible?
Henager Family Museum Henagers Memories & Nostalgia is registered as a tax-exempt nonprofit (EIN: 352040572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Henager Family Museum Henagers Memories & Nostalgia located?
Henager Family Museum Henagers Memories & Nostalgia is headquartered in Elberfeld, Indiana and files with the IRS under EIN 352040572. It is classified under NTEE code A54Z.
How many years of IRS 990 filings does Henager Family Museum Henagers Memories & Nostalgia have?
Henager Family Museum Henagers Memories & Nostalgia has 12 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 $374K in total revenue.
Filing History
IRS 990 filing history for Henager Family Museum Henagers Memories & Nostalgia showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Henager Family Museum Henagers Memories & Nostalgia's revenue has grown by 1698.8%, moving from $26K to $464K. Total assets increased by 1946.6% over the same period, from $2K to $33K. Total functional expenses rose by 1604.5%, from $27K to $468K. In its most recent filing year (2023), Henager Family Museum Henagers Memories & Nostalgia reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $464K | $468K | $33K | $0 | — | View 990 |
| 2022 | $348K | $415K | $37K | $0 | — | View 990 |
| 2021 | $154K | $144K | $104K | $0 | — | — |
| 2020 | $115K | $151K | $37K | $0 | — | View 990 |
| 2019 | $85K | $83K | $84K | $0 | — | View 990 |
| 2018 | $114K | $64K | $96K | $0 | — | View 990 |
| 2017 | $46K | $34K | $46K | $0 | — | View 990 |
| 2016 | $40K | $27K | $34K | $0 | — | View 990 |
| 2015 | $26K | $15K | $20K | $0 | — | View 990 |
| 2013 | $12K | $12K | $11 | $0 | — | View 990 |
| 2012 | $7K | $9K | $3K | $4K | — | View 990 |
| 2011 | $26K | $27K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $464K, expenses of $468K, and assets of $33K (revenue +33.3% year-over-year).
- 2022: Revenue of $348K, expenses of $415K, and assets of $37K (revenue +126.7% year-over-year).
- 2021: Revenue of $154K, expenses of $144K, and assets of $104K (revenue +33.8% year-over-year).
- 2020: Revenue of $115K, expenses of $151K, and assets of $37K (revenue +35.6% year-over-year).
- 2019: Revenue of $85K, expenses of $83K, and assets of $84K (revenue -26.0% year-over-year).
- 2018: Revenue of $114K, expenses of $64K, and assets of $96K (revenue +150.7% year-over-year).
- 2017: Revenue of $46K, expenses of $34K, and assets of $46K (revenue +13.0% year-over-year).
- 2016: Revenue of $40K, expenses of $27K, and assets of $34K (revenue +53.6% year-over-year).
- 2015: Revenue of $26K, expenses of $15K, and assets of $20K (revenue +115.8% year-over-year).
- 2013: Revenue of $12K, expenses of $12K, and assets of $11 (revenue +81.8% year-over-year).
- 2012: Revenue of $7K, expenses of $9K, and assets of $3K (revenue -74.0% year-over-year).
- 2011: Revenue of $26K, expenses of $27K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Henager Family Museum Henagers Memories & Nostalgia:
Data Sources and Methodology
This transparency report for Henager Family Museum Henagers Memories & Nostalgia 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.