Heritage Fund Of Atlanta Medical
EIN: 582372394 · Atlanta, GA
| Metric | Value |
|---|---|
| Total Expenses | $159K |
| Net Assets | $103K |
Is Heritage Fund Of Atlanta Medical Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heritage Fund Of Atlanta Medical
Heritage Fund Of Atlanta Medical (EIN: 582372394) is a nonprofit organization based in Atlanta, GA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heritage Fund Of Atlanta Medical's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heritage Fund Of Atlanta Medical is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $137K |
| Total Expenses | $159K |
| Surplus / Deficit | $-22,491 |
| Total Assets | $103K |
| Net Assets | $103K |
| Operating Margin | -16.5% |
| Months of Reserves | 7.8 months |
Financial Health Grade: B
In 2015, Heritage Fund Of Atlanta Medical reported a deficit of $22K with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Heritage Fund Of Atlanta Medical's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +60.5% | +90.2% | -17.9% |
| 2014 | +33.1% | +65.3% | -4.2% |
| 2013 | -49.7% | -12.1% | -12.3% |
| 2012 | -35.0% | -71.2% | +43.9% |
AI Analysis Pending
AI enrichment for Heritage Fund Of Atlanta Medical 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 Fund Of Atlanta Medical 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
Frequently Asked Questions about Heritage Fund Of Atlanta Medical
Is Heritage Fund Of Atlanta Medical a legitimate charity?
Heritage Fund Of Atlanta Medical (EIN: 582372394) is a registered tax-exempt nonprofit based in Georgia. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Heritage Fund Of Atlanta Medical spend its money?
Heritage Fund Of Atlanta Medical reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heritage Fund Of Atlanta Medical tax-deductible?
Heritage Fund Of Atlanta Medical is registered as a tax-exempt nonprofit (EIN: 582372394). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heritage Fund Of Atlanta Medical located?
Heritage Fund Of Atlanta Medical is headquartered in Atlanta, Georgia and files with the IRS under EIN 582372394.
How many years of IRS 990 filings does Heritage Fund Of Atlanta Medical have?
Heritage Fund Of Atlanta Medical has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Heritage Fund Of Atlanta Medical showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Heritage Fund Of Atlanta Medical's revenue has declined by 30.1%, moving from $195K to $137K. Total assets decreased by 0.7% over the same period, from $104K to $103K. Total functional expenses fell by 20.4%, from $200K to $159K. In its most recent filing year (2015), Heritage Fund Of Atlanta Medical reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $137K | $159K | $103K | $0 | — | View 990 |
| 2014 | $85K | $84K | $126K | $0 | — | View 990 |
| 2013 | $64K | $51K | $131K | $7K | — | View 990 |
| 2012 | $127K | $58K | $150K | $7K | — | View 990 |
| 2011 | $195K | $200K | $104K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $137K, expenses of $159K, and assets of $103K (revenue +60.5% year-over-year).
- 2014: Revenue of $85K, expenses of $84K, and assets of $126K (revenue +33.1% year-over-year).
- 2013: Revenue of $64K, expenses of $51K, and assets of $131K (revenue -49.7% year-over-year).
- 2012: Revenue of $127K, expenses of $58K, and assets of $150K (revenue -35.0% year-over-year).
- 2011: Revenue of $195K, expenses of $200K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heritage Fund Of Atlanta Medical:
Data Sources and Methodology
This transparency report for Heritage Fund Of Atlanta Medical 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.