Higher Ground Building Company
EIN: 411933761 · Saint Paul, MN · NTEE: S47
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $3.0M |
| Net Assets | $-6,431,041 |
Is Higher Ground Building Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Higher Ground Building Company
Higher Ground Building Company (EIN: 411933761) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code S47. The organization reported total revenue of $2.0M and total assets of $21.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Higher Ground Building Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Higher Ground Building Company is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-893,328 |
| Total Assets | $21.4M |
| Total Liabilities | $27.8M |
| Net Assets | $-6,431,041 |
| Operating Margin | -42.6% |
| Debt-to-Asset Ratio | 130.0% |
| Months of Reserves | 86.0 months |
Financial Health Grade: C
In 2023, Higher Ground Building Company reported a deficit of $893K with expenses exceeding revenue, holds 86.0 months of operating reserves (strong position), has a debt-to-asset ratio of 130.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Higher Ground Building Company's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.3% | +44.9% | +10.6% |
| 2022 | +0.1% | -0.8% | -3.0% |
| 2021 | +11.9% | +13.5% | -3.6% |
| 2020 | +37.0% | -8.5% | -14.8% |
| 2019 | +9.0% | +82.9% | +201.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Higher Ground Building Company 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 Higher Ground Building Company 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 $893K, with expenses exceeding revenue.
- Debt-to-asset ratio: 130.0%.
Frequently Asked Questions about Higher Ground Building Company
Is Higher Ground Building Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Higher Ground Building Company (EIN: 411933761) insufficient data. 0 red flags identified, 0 strengths noted.
How does Higher Ground Building Company spend its money?
Detailed spending breakdown data is not yet available for Higher Ground Building Company. Check back for updated IRS 990 analysis.
Are donations to Higher Ground Building Company tax-deductible?
Higher Ground Building Company is registered as a tax-exempt nonprofit (EIN: 411933761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Higher Ground Building Company located?
Higher Ground Building Company is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 411933761. It is classified under NTEE code S47.
How many years of IRS 990 filings does Higher Ground Building Company have?
Higher Ground Building Company 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Higher Ground Building Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Higher Ground Building Company's revenue has grown by 100.9%, moving from $1.0M to $2.1M. Total assets increased by 116% over the same period, from $9.9M to $21.4M. Total functional expenses rose by 144.2%, from $1.2M to $3.0M. In its most recent filing year (2023), Higher Ground Building Company reported a deficit of $893K, with expenses exceeding revenue. The organization holds $27.8M in liabilities against $21.4M in assets (debt-to-asset ratio: 130.0%), resulting in net assets of $-6,431,041.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $3.0M | $21.4M | $27.8M | — | View 990 |
| 2022 | $1.9M | $2.1M | $19.4M | $24.9M | — | View 990 |
| 2021 | $1.9M | $2.1M | $20.0M | $25.3M | — | — |
| 2020 | $1.7M | $1.8M | $20.7M | $25.9M | — | — |
| 2019 | $1.2M | $2.0M | $24.3M | $29.3M | — | View 990 |
| 2018 | $1.1M | $1.1M | $8.1M | $12.3M | — | View 990 |
| 2017 | $1.1M | $1.1M | $8.3M | $12.5M | — | View 990 |
| 2016 | $1.1M | $1.1M | $8.5M | $12.9M | — | View 990 |
| 2015 | $1.1M | $1.1M | $8.8M | $13.1M | — | View 990 |
| 2014 | $1.1M | $1.1M | $9.1M | $13.5M | — | View 990 |
| 2013 | $1.1M | $3.3M | $9.2M | $13.5M | — | View 990 |
| 2012 | $1.0M | $1.2M | $9.6M | $11.7M | — | View 990 |
| 2011 | $1.0M | $1.2M | $9.9M | $11.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $3.0M, and assets of $21.4M (revenue +11.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.1M, and assets of $19.4M (revenue +0.1% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.1M, and assets of $20.0M (revenue +11.9% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $20.7M (revenue +37.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $2.0M, and assets of $24.3M (revenue +9.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $8.1M (revenue +0.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $8.3M (revenue +1.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $8.5M (revenue -1.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $8.8M (revenue +2.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $9.1M (revenue +2.4% year-over-year).
- 2013: Revenue of $1.1M, expenses of $3.3M, and assets of $9.2M (revenue +1.3% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.2M, and assets of $9.6M (revenue +0.4% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.2M, and assets of $9.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Higher Ground Building Company:
Data Sources and Methodology
This transparency report for Higher Ground Building Company 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.