Hendorn Inc Cole Manor
EIN: 231972659 · Pittsburgh, PA · NTEE: P75Z
| Metric | Value |
|---|---|
| Total Revenue | $711K |
| Total Expenses | $965K |
| Net Assets | $-32,957 |
Is Hendorn Inc Cole Manor Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hendorn Inc Cole Manor
Hendorn Inc Cole Manor (EIN: 231972659) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code P75Z. The organization reported total revenue of $711K and total assets of $570K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hendorn Inc Cole Manor's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hendorn Inc Cole Manor is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $675K |
| Total Expenses | $965K |
| Surplus / Deficit | $-289,541 |
| Total Assets | $522K |
| Total Liabilities | $555K |
| Net Assets | $-32,957 |
| Operating Margin | -42.9% |
| Debt-to-Asset Ratio | 106.3% |
| Months of Reserves | 6.5 months |
Financial Health Grade: C
In 2023, Hendorn Inc Cole Manor reported a deficit of $290K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 106.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hendorn Inc Cole Manor's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.7% | +6.8% | -6.4% |
| 2022 | +10.7% | +32.4% | -5.6% |
| 2021 | -18.1% | +1.2% | -10.2% |
| 2020 | -28.0% | -43.4% | -4.8% |
| 2019 | +9.4% | +9.1% | -8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hendorn Inc Cole Manor 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 Hendorn Inc Cole Manor 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 $290K, with expenses exceeding revenue.
- Debt-to-asset ratio: 106.3%.
Frequently Asked Questions about Hendorn Inc Cole Manor
Is Hendorn Inc Cole Manor a legitimate charity?
Hendorn Inc Cole Manor (EIN: 231972659) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $711K. No red flags identified. Financial health grade: C.
How does Hendorn Inc Cole Manor spend its money?
Hendorn Inc Cole Manor reported $711K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hendorn Inc Cole Manor tax-deductible?
Hendorn Inc Cole Manor is registered as a tax-exempt nonprofit (EIN: 231972659). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hendorn Inc Cole Manor located?
Hendorn Inc Cole Manor is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 231972659. It is classified under NTEE code P75Z.
How many years of IRS 990 filings does Hendorn Inc Cole Manor have?
Hendorn Inc Cole Manor has 13 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 $711K in total revenue.
Filing History
IRS 990 filing history for Hendorn Inc Cole Manor showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hendorn Inc Cole Manor's revenue has declined by 14.9%, moving from $794K to $675K. Total assets increased by 180.9% over the same period, from $186K to $522K. Total functional expenses rose by 23.9%, from $778K to $965K. In its most recent filing year (2023), Hendorn Inc Cole Manor reported a deficit of $290K, with expenses exceeding revenue. The organization holds $555K in liabilities against $522K in assets (debt-to-asset ratio: 106.3%), resulting in net assets of $-32,957.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $675K | $965K | $522K | $555K | — | View 990 |
| 2022 | $627K | $904K | $557K | $301K | — | View 990 |
| 2021 | $566K | $682K | $590K | $57K | — | View 990 |
| 2020 | $691K | $674K | $657K | $8K | — | View 990 |
| 2019 | $960K | $1.2M | $691K | $88K | — | View 990 |
| 2018 | $877K | $1.1M | $757K | $71K | — | View 990 |
| 2017 | $1.0M | $1.2M | $758K | $731K | — | View 990 |
| 2016 | $1.0M | $1.0M | $840K | $781K | — | View 990 |
| 2015 | $928K | $1.0M | $866K | $809K | — | View 990 |
| 2014 | $773K | $1.0M | $810K | $815K | — | View 990 |
| 2013 | $778K | $890K | $188K | $63K | — | View 990 |
| 2012 | $759K | $809K | $173K | $60K | — | View 990 |
| 2011 | $794K | $778K | $186K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $675K, expenses of $965K, and assets of $522K (revenue +7.7% year-over-year).
- 2022: Revenue of $627K, expenses of $904K, and assets of $557K (revenue +10.7% year-over-year).
- 2021: Revenue of $566K, expenses of $682K, and assets of $590K (revenue -18.1% year-over-year).
- 2020: Revenue of $691K, expenses of $674K, and assets of $657K (revenue -28.0% year-over-year).
- 2019: Revenue of $960K, expenses of $1.2M, and assets of $691K (revenue +9.4% year-over-year).
- 2018: Revenue of $877K, expenses of $1.1M, and assets of $757K (revenue -15.7% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.2M, and assets of $758K (revenue +1.7% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.0M, and assets of $840K (revenue +10.2% year-over-year).
- 2015: Revenue of $928K, expenses of $1.0M, and assets of $866K (revenue +20.1% year-over-year).
- 2014: Revenue of $773K, expenses of $1.0M, and assets of $810K (revenue -0.6% year-over-year).
- 2013: Revenue of $778K, expenses of $890K, and assets of $188K (revenue +2.5% year-over-year).
- 2012: Revenue of $759K, expenses of $809K, and assets of $173K (revenue -4.4% year-over-year).
- 2011: Revenue of $794K, expenses of $778K, and assets of $186K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hendorn Inc Cole Manor:
Data Sources and Methodology
This transparency report for Hendorn Inc Cole Manor 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.