Highland Corporation Charitablefoundation
Highland Corporation Charitablefoundation shows consistent revenue growth and zero executive compensation over a decade of operations.
EIN: 203915137 · Hohenwald, TN · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $273K |
| Total Expenses | $214K |
| Program Spending | 90% |
| Net Assets | $30K |
| Transparency Score | 85/100 |
Is Highland Corporation Charitablefoundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Highland Corporation Charitablefoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Highland Corporation Charitablefoundation
Highland Corporation Charitablefoundation (EIN: 203915137) is a nonprofit organization based in Hohenwald, TN, classified under NTEE code P60. The organization reported total revenue of $273K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highland Corporation Charitablefoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Highland Corporation Charitablefoundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $214K |
| Surplus / Deficit | +$17K |
| Total Assets | $30K |
| Net Assets | $30K |
| Operating Margin | 7.4% |
| Months of Reserves | 1.7 months |
Financial Health Grade: A
In 2023, Highland Corporation Charitablefoundation reported a surplus of $17K with revenue exceeding expenses, holds 1.7 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Highland Corporation Charitablefoundation's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | -13.6% | +126.9% |
| 2022 | +7.0% | +3.7% | -65.8% |
| 2021 | +22.5% | +83.4% | -44.5% |
| 2020 | +71.8% | +24.6% | +123.6% |
| 2019 | +4.1% | +5.5% | -16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Highland Corporation Charitablefoundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Highland Corporation Charitablefoundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Highland Corporation Charitablefoundation:
- Consistent revenue growth, from $71,425 in 2014 to $272,809 currently, indicating increasing support.
- Zero officer compensation reported across all filings, demonstrating a strong commitment to directing funds to the mission.
- Consistent filing of IRS 990 forms (13 filings), indicating strong transparency and accountability.
- Zero liabilities reported in all available filings, suggesting excellent financial stability and responsible management.
- Expenses generally align with or are slightly below revenue, indicating active deployment of funds for its mission (e.g., $214,346 expenses vs. $231,366 revenue in 2023).
Frequently Asked Questions about Highland Corporation Charitablefoundation
Is Highland Corporation Charitablefoundation a legitimate charity?
Highland Corporation Charitablefoundation (EIN: 203915137) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $273K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Highland Corporation Charitablefoundation spend its money?
Highland Corporation Charitablefoundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Highland Corporation Charitablefoundation tax-deductible?
Highland Corporation Charitablefoundation is registered as a tax-exempt nonprofit (EIN: 203915137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Highland Corporation Charitablefoundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Highland Corporation Charitablefoundation is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Highland Corporation Charitablefoundation located?
Highland Corporation Charitablefoundation is headquartered in Hohenwald, Tennessee and files with the IRS under EIN 203915137. It is classified under NTEE code P60.
How many years of IRS 990 filings does Highland Corporation Charitablefoundation have?
Highland Corporation Charitablefoundation 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 $273K in total revenue.
Is Highland Corporation Charitablefoundation a good charity?
Based on the provided data, Highland Corporation Charitablefoundation appears to be a good charity. It demonstrates strong financial transparency with 13 filings, consistent revenue growth, and a notable commitment to not paying officer compensation, ensuring more funds are available for its mission.
How has the organization's revenue trended over time?
The organization's revenue has shown a positive upward trend, growing from $71,425 in 2014 to $231,366 in 2023, with the latest reported revenue at $272,809. This indicates increasing support and financial capacity.
What is the organization's approach to executive compensation?
Highland Corporation Charitablefoundation has a highly ethical approach to executive compensation, consistently reporting 0% officer compensation across all available filings. This means no salaries are paid to its officers, maximizing funds for charitable activities.
Filing History
IRS 990 filing history for Highland Corporation Charitablefoundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Highland Corporation Charitablefoundation's revenue has grown by 360.6%, moving from $50K to $231K. Total assets increased by 20.1% over the same period, from $25K to $30K. Total functional expenses rose by 269.2%, from $58K to $214K. In its most recent filing year (2023), Highland Corporation Charitablefoundation reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $231K | $214K | $30K | $0 | — | — |
| 2022 | $222K | $248K | $13K | $0 | — | View 990 |
| 2021 | $208K | $239K | $39K | $0 | — | View 990 |
| 2020 | $170K | $131K | $71K | $0 | — | View 990 |
| 2019 | $99K | $105K | $32K | $0 | — | View 990 |
| 2018 | $95K | $99K | $38K | $0 | — | View 990 |
| 2017 | $103K | $144K | $42K | $0 | — | View 990 |
| 2016 | $75K | $36K | $83K | $0 | — | View 990 |
| 2015 | $86K | $93K | $43K | $0 | — | View 990 |
| 2014 | $71K | $60K | $50K | $0 | — | View 990 |
| 2013 | $68K | $60K | $38K | $0 | — | View 990 |
| 2012 | $65K | $60K | $30K | $0 | — | View 990 |
| 2011 | $50K | $58K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $231K, expenses of $214K, and assets of $30K (revenue +4.1% year-over-year).
- 2022: Revenue of $222K, expenses of $248K, and assets of $13K (revenue +7.0% year-over-year).
- 2021: Revenue of $208K, expenses of $239K, and assets of $39K (revenue +22.5% year-over-year).
- 2020: Revenue of $170K, expenses of $131K, and assets of $71K (revenue +71.8% year-over-year).
- 2019: Revenue of $99K, expenses of $105K, and assets of $32K (revenue +4.1% year-over-year).
- 2018: Revenue of $95K, expenses of $99K, and assets of $38K (revenue -8.1% year-over-year).
- 2017: Revenue of $103K, expenses of $144K, and assets of $42K (revenue +36.8% year-over-year).
- 2016: Revenue of $75K, expenses of $36K, and assets of $83K (revenue -12.5% year-over-year).
- 2015: Revenue of $86K, expenses of $93K, and assets of $43K (revenue +20.7% year-over-year).
- 2014: Revenue of $71K, expenses of $60K, and assets of $50K (revenue +5.5% year-over-year).
- 2013: Revenue of $68K, expenses of $60K, and assets of $38K (revenue +3.6% year-over-year).
- 2012: Revenue of $65K, expenses of $60K, and assets of $30K (revenue +30.1% year-over-year).
- 2011: Revenue of $50K, expenses of $58K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Highland Corporation Charitablefoundation:
Data Sources and Methodology
This transparency report for Highland Corporation Charitablefoundation 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.