Hiddne Village Owners Association
EIN: 261917378 · Olympia, WA · NTEE: S22
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $105K |
| Net Assets | $-29,468 |
Is Hiddne Village Owners Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hiddne Village Owners Association
Hiddne Village Owners Association (EIN: 261917378) is a nonprofit organization based in Olympia, WA, classified under NTEE code S22. The organization reported total revenue of $143K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hiddne Village Owners Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hiddne Village Owners Association is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $105K |
| Surplus / Deficit | $-16,465 |
| Total Assets | $1.5M |
| Total Liabilities | $1.5M |
| Net Assets | $-29,468 |
| Operating Margin | -18.6% |
| Debt-to-Asset Ratio | 102.0% |
| Months of Reserves | 170.2 months |
Financial Health Grade: C
In 2023, Hiddne Village Owners Association reported a deficit of $16K with expenses exceeding revenue, holds 170.2 months of operating reserves (strong position), has a debt-to-asset ratio of 102.0% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Hiddne Village Owners Association's revenue has declined at a compound annual growth rate (CAGR) of -12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.8% | +9.7% | -1.8% |
| 2022 | -4.1% | -12.6% | -1.0% |
| 2021 | -1.9% | -6.8% | -1.6% |
| 2020 | +0.6% | +5.1% | -2.4% |
| 2019 | +1.2% | -4.1% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hiddne Village Owners Association 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 Hiddne Village Owners Association 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 $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 102.0%.
Frequently Asked Questions about Hiddne Village Owners Association
Is Hiddne Village Owners Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Hiddne Village Owners Association (EIN: 261917378) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hiddne Village Owners Association spend its money?
Detailed spending breakdown data is not yet available for Hiddne Village Owners Association. Check back for updated IRS 990 analysis.
Are donations to Hiddne Village Owners Association tax-deductible?
Hiddne Village Owners Association is registered as a tax-exempt nonprofit (EIN: 261917378). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hiddne Village Owners Association located?
Hiddne Village Owners Association is headquartered in Olympia, Washington and files with the IRS under EIN 261917378. It is classified under NTEE code S22.
How many years of IRS 990 filings does Hiddne Village Owners Association have?
Hiddne Village Owners Association has 10 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 $143K in total revenue.
Filing History
IRS 990 filing history for Hiddne Village Owners Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Hiddne Village Owners Association's revenue has declined by 70.3%, moving from $297K to $88K. Total assets decreased by 12.9% over the same period, from $1.7M to $1.5M. Total functional expenses rose by 13.1%, from $93K to $105K. In its most recent filing year (2023), Hiddne Village Owners Association reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $1.5M in assets (debt-to-asset ratio: 102.0%), resulting in net assets of $-29,468.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $105K | $1.5M | $1.5M | — | — |
| 2022 | $91K | $96K | $1.5M | $1.5M | — | View 990 |
| 2021 | $95K | $109K | $1.5M | $1.5M | — | View 990 |
| 2020 | $97K | $117K | $1.6M | $1.5M | — | — |
| 2019 | $96K | $112K | $1.6M | $1.5M | — | View 990 |
| 2018 | $95K | $116K | $1.6M | $1.5M | — | View 990 |
| 2017 | $94K | $92K | $1.6M | $1.5M | — | View 990 |
| 2016 | $88K | $94K | $1.7M | $1.6M | — | View 990 |
| 2015 | $85K | $105K | $1.7M | $1.6M | — | View 990 |
| 2014 | $297K | $93K | $1.7M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $105K, and assets of $1.5M (revenue -2.8% year-over-year).
- 2022: Revenue of $91K, expenses of $96K, and assets of $1.5M (revenue -4.1% year-over-year).
- 2021: Revenue of $95K, expenses of $109K, and assets of $1.5M (revenue -1.9% year-over-year).
- 2020: Revenue of $97K, expenses of $117K, and assets of $1.6M (revenue +0.6% year-over-year).
- 2019: Revenue of $96K, expenses of $112K, and assets of $1.6M (revenue +1.2% year-over-year).
- 2018: Revenue of $95K, expenses of $116K, and assets of $1.6M (revenue +0.6% year-over-year).
- 2017: Revenue of $94K, expenses of $92K, and assets of $1.6M (revenue +7.1% year-over-year).
- 2016: Revenue of $88K, expenses of $94K, and assets of $1.7M (revenue +3.4% year-over-year).
- 2015: Revenue of $85K, expenses of $105K, and assets of $1.7M (revenue -71.3% year-over-year).
- 2014: Revenue of $297K, expenses of $93K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hiddne Village Owners Association:
Data Sources and Methodology
This transparency report for Hiddne Village Owners Association 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.