Heritage Alliance Of Northeast Tennessee And Southwest Virginia
EIN: 621502600 · Jonesborough, TN · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $139K |
| Total Expenses | $135K |
| Net Assets | $476K |
Is Heritage Alliance Of Northeast Tennessee And Southwest Virginia Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heritage Alliance Of Northeast Tennessee And Southwest Virginia
Heritage Alliance Of Northeast Tennessee And Southwest Virginia (EIN: 621502600) is a nonprofit organization based in Jonesborough, TN, classified under NTEE code A80. The organization reported total revenue of $139K and total assets of $504K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heritage Alliance Of Northeast Tennessee And Southwest Virginia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heritage Alliance Of Northeast Tennessee And Southwest Virginia is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $135K |
| Surplus / Deficit | +$20K |
| Total Assets | $496K |
| Total Liabilities | $20K |
| Net Assets | $476K |
| Operating Margin | 13.1% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 44.1 months |
Financial Health Grade: A
In 2023, Heritage Alliance Of Northeast Tennessee And Southwest Virginia reported a surplus of $20K with revenue exceeding expenses, holds 44.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heritage Alliance Of Northeast Tennessee And Southwest Virginia's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.6% | -9.8% | +6.5% |
| 2022 | +14.6% | +12.6% | +6.1% |
| 2021 | +8.1% | +6.7% | +5.7% |
| 2020 | -14.5% | -28.3% | +5.1% |
| 2019 | +11.7% | +5.4% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heritage Alliance Of Northeast Tennessee And Southwest Virginia 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 Heritage Alliance Of Northeast Tennessee And Southwest Virginia 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.1%.
Frequently Asked Questions about Heritage Alliance Of Northeast Tennessee And Southwest Virginia
Is Heritage Alliance Of Northeast Tennessee And Southwest Virginia a legitimate charity?
Based on AI analysis of IRS 990 filings, Heritage Alliance Of Northeast Tennessee And Southwest Virginia (EIN: 621502600) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heritage Alliance Of Northeast Tennessee And Southwest Virginia spend its money?
Detailed spending breakdown data is not yet available for Heritage Alliance Of Northeast Tennessee And Southwest Virginia. Check back for updated IRS 990 analysis.
Are donations to Heritage Alliance Of Northeast Tennessee And Southwest Virginia tax-deductible?
Heritage Alliance Of Northeast Tennessee And Southwest Virginia is registered as a tax-exempt nonprofit (EIN: 621502600). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heritage Alliance Of Northeast Tennessee And Southwest Virginia located?
Heritage Alliance Of Northeast Tennessee And Southwest Virginia is headquartered in Jonesborough, Tennessee and files with the IRS under EIN 621502600. It is classified under NTEE code A80.
How many years of IRS 990 filings does Heritage Alliance Of Northeast Tennessee And Southwest Virginia have?
Heritage Alliance Of Northeast Tennessee And Southwest Virginia 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 $139K in total revenue.
Filing History
IRS 990 filing history for Heritage Alliance Of Northeast Tennessee And Southwest Virginia showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heritage Alliance Of Northeast Tennessee And Southwest Virginia's revenue has declined by 60.6%, moving from $394K to $155K. Total assets increased by 35.6% over the same period, from $366K to $496K. Total functional expenses fell by 65.6%, from $392K to $135K. In its most recent filing year (2023), Heritage Alliance Of Northeast Tennessee And Southwest Virginia reported a surplus of $20K, with revenue exceeding expenses. The organization holds $20K in liabilities against $496K in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $476K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $135K | $496K | $20K | — | View 990 |
| 2022 | $178K | $150K | $466K | $10K | — | View 990 |
| 2021 | $155K | $133K | $439K | $12K | — | View 990 |
| 2020 | $143K | $124K | $415K | $10K | — | View 990 |
| 2019 | $168K | $174K | $395K | $9K | — | View 990 |
| 2018 | $150K | $165K | $414K | $22K | — | View 990 |
| 2017 | $138K | $139K | $420K | $14K | — | View 990 |
| 2016 | $133K | $136K | $420K | $13K | — | View 990 |
| 2015 | $133K | $134K | $425K | $15K | — | View 990 |
| 2014 | $116K | $128K | $427K | $15K | — | View 990 |
| 2013 | $303K | $222K | $443K | $19K | — | View 990 |
| 2012 | $410K | $390K | $397K | $54K | — | View 990 |
| 2011 | $394K | $392K | $366K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $135K, and assets of $496K (revenue -12.6% year-over-year).
- 2022: Revenue of $178K, expenses of $150K, and assets of $466K (revenue +14.6% year-over-year).
- 2021: Revenue of $155K, expenses of $133K, and assets of $439K (revenue +8.1% year-over-year).
- 2020: Revenue of $143K, expenses of $124K, and assets of $415K (revenue -14.5% year-over-year).
- 2019: Revenue of $168K, expenses of $174K, and assets of $395K (revenue +11.7% year-over-year).
- 2018: Revenue of $150K, expenses of $165K, and assets of $414K (revenue +8.6% year-over-year).
- 2017: Revenue of $138K, expenses of $139K, and assets of $420K (revenue +3.9% year-over-year).
- 2016: Revenue of $133K, expenses of $136K, and assets of $420K (revenue +0.3% year-over-year).
- 2015: Revenue of $133K, expenses of $134K, and assets of $425K (revenue +14.5% year-over-year).
- 2014: Revenue of $116K, expenses of $128K, and assets of $427K (revenue -61.7% year-over-year).
- 2013: Revenue of $303K, expenses of $222K, and assets of $443K (revenue -26.1% year-over-year).
- 2012: Revenue of $410K, expenses of $390K, and assets of $397K (revenue +3.9% year-over-year).
- 2011: Revenue of $394K, expenses of $392K, and assets of $366K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heritage Alliance Of Northeast Tennessee And Southwest Virginia:
Data Sources and Methodology
This transparency report for Heritage Alliance Of Northeast Tennessee And Southwest Virginia 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.