Here Tomorrow Inc
EIN: 475278523 · Neptune Beach, FL · NTEE: F60
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.7M |
| Net Assets | $563K |
Is Here Tomorrow Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Here Tomorrow Inc
Here Tomorrow Inc (EIN: 475278523) is a nonprofit organization based in Neptune Beach, FL, classified under NTEE code F60. The organization reported total revenue of $3.4M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Here Tomorrow Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Here Tomorrow Inc is a mid-size nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 258.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$161K |
| Total Assets | $1.3M |
| Total Liabilities | $765K |
| Net Assets | $563K |
| Operating Margin | 5.7% |
| Debt-to-Asset Ratio | 57.6% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Here Tomorrow Inc reported a surplus of $161K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 57.6% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Here Tomorrow Inc's revenue has grown at a compound annual growth rate (CAGR) of 258.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.3% | +70.5% | +82.0% |
| 2022 | +209.0% | +156.9% | +495.4% |
| 2021 | +888.9% | +687.8% | +44.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Here Tomorrow 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 Here Tomorrow 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 $161K, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.6%.
Frequently Asked Questions about Here Tomorrow Inc
Is Here Tomorrow Inc a legitimate charity?
Here Tomorrow Inc (EIN: 475278523) is a registered tax-exempt nonprofit based in Florida. It has 4 years of IRS 990 filings on record. Total revenue: $3.4M. No red flags identified. Financial health grade: A.
How does Here Tomorrow Inc spend its money?
Here Tomorrow Inc reported $3.4M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Here Tomorrow Inc tax-deductible?
Here Tomorrow Inc is registered as a tax-exempt nonprofit (EIN: 475278523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Here Tomorrow Inc located?
Here Tomorrow Inc is headquartered in Neptune Beach, Florida and files with the IRS under EIN 475278523. It is classified under NTEE code F60.
How many years of IRS 990 filings does Here Tomorrow Inc have?
Here Tomorrow Inc has 4 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 $3.4M in total revenue.
Filing History
IRS 990 filing history for Here Tomorrow Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Here Tomorrow Inc's revenue has grown by 4493.7%, moving from $61K to $2.8M. Total assets increased by 1463.1% over the same period, from $85K to $1.3M. Total functional expenses rose by 3350.8%, from $77K to $2.7M. In its most recent filing year (2023), Here Tomorrow Inc reported a surplus of $161K, with revenue exceeding expenses. The organization holds $765K in liabilities against $1.3M in assets (debt-to-asset ratio: 57.6%), resulting in net assets of $563K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.7M | $1.3M | $765K | — | View 990 |
| 2022 | $1.9M | $1.6M | $730K | $328K | — | View 990 |
| 2021 | $606K | $606K | $123K | $37K | — | View 990 |
| 2020 | $61K | $77K | $85K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.7M, and assets of $1.3M (revenue +50.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.6M, and assets of $730K (revenue +209.0% year-over-year).
- 2021: Revenue of $606K, expenses of $606K, and assets of $123K (revenue +888.9% year-over-year).
- 2020: Revenue of $61K, expenses of $77K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Here Tomorrow Inc:
Data Sources and Methodology
This transparency report for Here Tomorrow 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.