Hibbing Parents Nursery School Inc
EIN: 410908427 · Hibbing, MN
| Metric | Value |
|---|---|
| Total Revenue | $159K |
| Total Expenses | $161K |
| Net Assets | $85K |
Is Hibbing Parents Nursery School Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hibbing Parents Nursery School Inc
Hibbing Parents Nursery School Inc (EIN: 410908427) is a nonprofit organization based in Hibbing, MN. The organization reported total revenue of $159K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hibbing Parents Nursery School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hibbing Parents Nursery School Inc is a small nonprofit that has been operating for 59 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $162K |
| Total Expenses | $161K |
| Surplus / Deficit | +$891 |
| Total Assets | $85K |
| Net Assets | $85K |
| Operating Margin | 0.6% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, Hibbing Parents Nursery School Inc reported a surplus of $891 with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Hibbing Parents Nursery School Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | -0.8% | +1.1% |
| 2022 | -24.0% | +2.6% | +1.3% |
| 2021 | +7.7% | -9.2% | +59.0% |
| 2020 | +19.4% | +3.6% | +5188.7% |
| 2019 | -11.2% | -10.1% | -52.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hibbing Parents Nursery School 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 Hibbing Parents Nursery School 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 $891, with revenue exceeding expenses.
Frequently Asked Questions about Hibbing Parents Nursery School Inc
Is Hibbing Parents Nursery School Inc a legitimate charity?
Hibbing Parents Nursery School Inc (EIN: 410908427) is a registered tax-exempt nonprofit based in Minnesota. It has 12 years of IRS 990 filings on record. Total revenue: $159K. No red flags identified. Financial health grade: A.
How does Hibbing Parents Nursery School Inc spend its money?
Hibbing Parents Nursery School Inc reported $159K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hibbing Parents Nursery School Inc tax-deductible?
Hibbing Parents Nursery School Inc is registered as a tax-exempt nonprofit (EIN: 410908427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hibbing Parents Nursery School Inc located?
Hibbing Parents Nursery School Inc is headquartered in Hibbing, Minnesota and files with the IRS under EIN 410908427.
How many years of IRS 990 filings does Hibbing Parents Nursery School Inc have?
Hibbing Parents Nursery School Inc 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 $159K in total revenue.
Filing History
IRS 990 filing history for Hibbing Parents Nursery School Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Hibbing Parents Nursery School Inc's revenue has declined by 8%, moving from $176K to $162K. Total assets increased by 881.5% over the same period, from $9K to $85K. Total functional expenses fell by 11%, from $181K to $161K. In its most recent filing year (2023), Hibbing Parents Nursery School Inc reported a surplus of $891, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $162K | $161K | $85K | $0 | — | View 990 |
| 2022 | $163K | $162K | $84K | $0 | — | View 990 |
| 2021 | $215K | $158K | $83K | $0 | — | — |
| 2020 | $200K | $174K | $52K | $26K | — | View 990 |
| 2019 | $167K | $168K | $986 | $0 | — | View 990 |
| 2018 | $188K | $187K | $2K | $0 | — | View 990 |
| 2017 | $178K | $178K | $1K | $180 | — | — |
| 2016 | $189K | $194K | $1K | $0 | — | View 990 |
| 2015 | $171K | $182K | $6K | $0 | — | View 990 |
| 2014 | $172K | $160K | $17K | $0 | — | View 990 |
| 2013 | $174K | $178K | $5K | $0 | — | View 990 |
| 2012 | $176K | $181K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $162K, expenses of $161K, and assets of $85K (revenue -0.9% year-over-year).
- 2022: Revenue of $163K, expenses of $162K, and assets of $84K (revenue -24.0% year-over-year).
- 2021: Revenue of $215K, expenses of $158K, and assets of $83K (revenue +7.7% year-over-year).
- 2020: Revenue of $200K, expenses of $174K, and assets of $52K (revenue +19.4% year-over-year).
- 2019: Revenue of $167K, expenses of $168K, and assets of $986 (revenue -11.2% year-over-year).
- 2018: Revenue of $188K, expenses of $187K, and assets of $2K (revenue +5.9% year-over-year).
- 2017: Revenue of $178K, expenses of $178K, and assets of $1K (revenue -5.8% year-over-year).
- 2016: Revenue of $189K, expenses of $194K, and assets of $1K (revenue +10.3% year-over-year).
- 2015: Revenue of $171K, expenses of $182K, and assets of $6K (revenue -0.7% year-over-year).
- 2014: Revenue of $172K, expenses of $160K, and assets of $17K (revenue -1.2% year-over-year).
- 2013: Revenue of $174K, expenses of $178K, and assets of $5K (revenue -1.0% year-over-year).
- 2012: Revenue of $176K, expenses of $181K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hibbing Parents Nursery School Inc:
Data Sources and Methodology
This transparency report for Hibbing Parents Nursery School 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.