Highland Rim Terrace Inc
EIN: 621211016 · Portland, TN
| Metric | Value |
|---|---|
| Total Revenue | $465K |
| Total Expenses | $449K |
| Net Assets | $-492,848 |
Is Highland Rim Terrace Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Highland Rim Terrace Inc
Highland Rim Terrace Inc (EIN: 621211016) is a nonprofit organization based in Portland, TN. The organization reported total revenue of $465K and total assets of $649K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highland Rim Terrace Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Highland Rim Terrace Inc is a small nonprofit that has been operating for 79 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $465K |
| Total Expenses | $449K |
| Surplus / Deficit | +$16K |
| Total Assets | $649K |
| Total Liabilities | $1.1M |
| Net Assets | $-492,848 |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 175.9% |
| Months of Reserves | 17.4 months |
Financial Health Grade: A
In 2022, Highland Rim Terrace Inc reported a surplus of $16K with revenue exceeding expenses, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 175.9% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Highland Rim Terrace Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -1.8% | -2.1% | -5.5% |
| 2021 | +1.6% | -0.1% | -4.8% |
| 2020 | +0.4% | +6.2% | -5.1% |
| 2019 | +0.9% | -4.5% | -1.6% |
| 2018 | +2.8% | -1.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Highland Rim Terrace 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 Highland Rim Terrace 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 175.9%.
Frequently Asked Questions about Highland Rim Terrace Inc
Is Highland Rim Terrace Inc a legitimate charity?
Highland Rim Terrace Inc (EIN: 621211016) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $465K. No red flags identified. Financial health grade: A.
How does Highland Rim Terrace Inc spend its money?
Highland Rim Terrace Inc reported $465K 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 Highland Rim Terrace Inc tax-deductible?
Highland Rim Terrace Inc is registered as a tax-exempt nonprofit (EIN: 621211016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Highland Rim Terrace Inc located?
Highland Rim Terrace Inc is headquartered in Portland, Tennessee and files with the IRS under EIN 621211016.
How many years of IRS 990 filings does Highland Rim Terrace Inc have?
Highland Rim Terrace 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 $465K in total revenue.
Filing History
IRS 990 filing history for Highland Rim Terrace Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Highland Rim Terrace Inc's revenue has grown by 11.8%, moving from $416K to $465K. Total assets decreased by 23.1% over the same period, from $844K to $649K. Total functional expenses rose by 11.3%, from $403K to $449K. In its most recent filing year (2022), Highland Rim Terrace Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $649K in assets (debt-to-asset ratio: 175.9%), resulting in net assets of $-492,848.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $465K | $449K | $649K | $1.1M | — | View 990 |
| 2021 | $473K | $458K | $687K | $1.2M | — | — |
| 2020 | $466K | $459K | $722K | $1.2M | — | View 990 |
| 2019 | $464K | $432K | $761K | $1.3M | — | View 990 |
| 2018 | $460K | $452K | $773K | $1.3M | — | View 990 |
| 2017 | $448K | $457K | $773K | $1.3M | — | View 990 |
| 2016 | $441K | $430K | $817K | $1.4M | — | View 990 |
| 2015 | $440K | $427K | $839K | $1.4M | — | View 990 |
| 2014 | $500K | $424K | $859K | $1.4M | — | View 990 |
| 2013 | $430K | $412K | $813K | $1.5M | — | View 990 |
| 2012 | $423K | $411K | $829K | $1.5M | — | View 990 |
| 2011 | $416K | $403K | $844K | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $465K, expenses of $449K, and assets of $649K (revenue -1.8% year-over-year).
- 2021: Revenue of $473K, expenses of $458K, and assets of $687K (revenue +1.6% year-over-year).
- 2020: Revenue of $466K, expenses of $459K, and assets of $722K (revenue +0.4% year-over-year).
- 2019: Revenue of $464K, expenses of $432K, and assets of $761K (revenue +0.9% year-over-year).
- 2018: Revenue of $460K, expenses of $452K, and assets of $773K (revenue +2.8% year-over-year).
- 2017: Revenue of $448K, expenses of $457K, and assets of $773K (revenue +1.5% year-over-year).
- 2016: Revenue of $441K, expenses of $430K, and assets of $817K (revenue +0.3% year-over-year).
- 2015: Revenue of $440K, expenses of $427K, and assets of $839K (revenue -12.1% year-over-year).
- 2014: Revenue of $500K, expenses of $424K, and assets of $859K (revenue +16.4% year-over-year).
- 2013: Revenue of $430K, expenses of $412K, and assets of $813K (revenue +1.6% year-over-year).
- 2012: Revenue of $423K, expenses of $411K, and assets of $829K (revenue +1.8% year-over-year).
- 2011: Revenue of $416K, expenses of $403K, and assets of $844K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Highland Rim Terrace Inc:
Data Sources and Methodology
This transparency report for Highland Rim Terrace 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.