High Speed Rail Alliance Inc
EIN: 363874078 · Chicago, IL · NTEE: S30Z
| Metric | Value |
|---|---|
| Total Revenue | $600K |
| Total Expenses | $525K |
| Net Assets | $102K |
Is High Speed Rail Alliance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About High Speed Rail Alliance Inc
High Speed Rail Alliance Inc (EIN: 363874078) is a nonprofit organization based in Chicago, IL, classified under NTEE code S30Z. The organization reported total revenue of $600K and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of High Speed Rail Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
High Speed Rail Alliance Inc is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $475K |
| Total Expenses | $525K |
| Surplus / Deficit | $-50,259 |
| Total Assets | $191K |
| Total Liabilities | $88K |
| Net Assets | $102K |
| Operating Margin | -10.6% |
| Debt-to-Asset Ratio | 46.3% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, High Speed Rail Alliance Inc reported a deficit of $50K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 46.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), High Speed Rail Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.5% | +14.7% | -23.1% |
| 2022 | +73.2% | +20.8% | +324.9% |
| 2021 | +124.3% | +50.7% | +54.6% |
| 2020 | -52.1% | +1.0% | -67.5% |
| 2019 | +115.0% | -24.1% | +201.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for High Speed Rail Alliance 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 High Speed Rail Alliance 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 deficit of $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 46.3%.
Frequently Asked Questions about High Speed Rail Alliance Inc
Is High Speed Rail Alliance Inc a legitimate charity?
High Speed Rail Alliance Inc (EIN: 363874078) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $600K. No red flags identified. Financial health grade: B.
How does High Speed Rail Alliance Inc spend its money?
High Speed Rail Alliance Inc reported $600K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to High Speed Rail Alliance Inc tax-deductible?
High Speed Rail Alliance Inc is registered as a tax-exempt nonprofit (EIN: 363874078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is High Speed Rail Alliance Inc located?
High Speed Rail Alliance Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 363874078. It is classified under NTEE code S30Z.
How many years of IRS 990 filings does High Speed Rail Alliance Inc have?
High Speed Rail Alliance Inc 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 $600K in total revenue.
Filing History
IRS 990 filing history for High Speed Rail Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), High Speed Rail Alliance Inc's revenue has grown by 14.8%, moving from $414K to $475K. Total assets increased by 163.9% over the same period, from $72K to $191K. Total functional expenses rose by 23.7%, from $425K to $525K. In its most recent filing year (2023), High Speed Rail Alliance Inc reported a deficit of $50K, with expenses exceeding revenue. The organization holds $88K in liabilities against $191K in assets (debt-to-asset ratio: 46.3%), resulting in net assets of $102K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $475K | $525K | $191K | $88K | — | — |
| 2022 | $638K | $458K | $248K | $95K | — | View 990 |
| 2021 | $368K | $379K | $58K | $86K | — | View 990 |
| 2020 | $164K | $252K | $38K | $54K | — | View 990 |
| 2019 | $343K | $249K | $116K | $45K | — | View 990 |
| 2018 | $159K | $328K | $38K | $61K | — | View 990 |
| 2017 | $284K | $234K | $158K | $11K | — | View 990 |
| 2016 | $311K | $269K | $110K | $13K | — | View 990 |
| 2015 | $283K | $283K | $132K | $76K | — | View 990 |
| 2014 | $303K | $295K | $132K | $77K | — | View 990 |
| 2013 | $289K | $340K | $57K | $9K | — | View 990 |
| 2012 | $347K | $290K | $111K | $12K | — | View 990 |
| 2011 | $414K | $425K | $72K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $475K, expenses of $525K, and assets of $191K (revenue -25.5% year-over-year).
- 2022: Revenue of $638K, expenses of $458K, and assets of $248K (revenue +73.2% year-over-year).
- 2021: Revenue of $368K, expenses of $379K, and assets of $58K (revenue +124.3% year-over-year).
- 2020: Revenue of $164K, expenses of $252K, and assets of $38K (revenue -52.1% year-over-year).
- 2019: Revenue of $343K, expenses of $249K, and assets of $116K (revenue +115.0% year-over-year).
- 2018: Revenue of $159K, expenses of $328K, and assets of $38K (revenue -43.9% year-over-year).
- 2017: Revenue of $284K, expenses of $234K, and assets of $158K (revenue -8.5% year-over-year).
- 2016: Revenue of $311K, expenses of $269K, and assets of $110K (revenue +9.7% year-over-year).
- 2015: Revenue of $283K, expenses of $283K, and assets of $132K (revenue -6.6% year-over-year).
- 2014: Revenue of $303K, expenses of $295K, and assets of $132K (revenue +4.9% year-over-year).
- 2013: Revenue of $289K, expenses of $340K, and assets of $57K (revenue -16.8% year-over-year).
- 2012: Revenue of $347K, expenses of $290K, and assets of $111K (revenue -16.1% year-over-year).
- 2011: Revenue of $414K, expenses of $425K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for High Speed Rail Alliance Inc:
Data Sources and Methodology
This transparency report for High Speed Rail Alliance 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.