Highway 7 Community Outreach Corporation
EIN: 922826656 · Jeremiah, KY · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $45K |
| Net Assets | $11K |
Is Highway 7 Community Outreach Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Highway 7 Community Outreach Corporation
Highway 7 Community Outreach Corporation (EIN: 922826656) is a nonprofit organization based in Jeremiah, KY, classified under NTEE code S20. The organization reported total revenue of $34K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highway 7 Community Outreach Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Highway 7 Community Outreach Corporation is a micro nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 1654.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $45K |
| Surplus / Deficit | +$9K |
| Total Assets | $11K |
| Total Liabilities | $1 |
| Net Assets | $11K |
| Operating Margin | 16.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2024, Highway 7 Community Outreach Corporation reported a surplus of $9K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2023–2024), Highway 7 Community Outreach Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1654.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1654.4% | +3515.4% | +487.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Highway 7 Community Outreach Corporation 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 Highway 7 Community Outreach Corporation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Highway 7 Community Outreach Corporation
Is Highway 7 Community Outreach Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Highway 7 Community Outreach Corporation (EIN: 922826656) insufficient data. 0 red flags identified, 0 strengths noted.
How does Highway 7 Community Outreach Corporation spend its money?
Detailed spending breakdown data is not yet available for Highway 7 Community Outreach Corporation. Check back for updated IRS 990 analysis.
Are donations to Highway 7 Community Outreach Corporation tax-deductible?
Highway 7 Community Outreach Corporation is registered as a tax-exempt nonprofit (EIN: 922826656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Highway 7 Community Outreach Corporation located?
Highway 7 Community Outreach Corporation is headquartered in Jeremiah, Kentucky and files with the IRS under EIN 922826656. It is classified under NTEE code S20.
How many years of IRS 990 filings does Highway 7 Community Outreach Corporation have?
Highway 7 Community Outreach Corporation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $34K in total revenue.
Filing History
IRS 990 filing history for Highway 7 Community Outreach Corporation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Highway 7 Community Outreach Corporation's revenue has grown by 1654.4%, moving from $3K to $54K. Total assets increased by 487.8% over the same period, from $2K to $11K. Total functional expenses rose by 3515.4%, from $1K to $45K. In its most recent filing year (2024), Highway 7 Community Outreach Corporation reported a surplus of $9K, with revenue exceeding expenses. The organization holds $1 in liabilities against $11K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $54K | $45K | $11K | $1 | — | — |
| 2023 | $3K | $1K | $2K | $1 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Highway 7 Community Outreach Corporation:
Data Sources and Methodology
This transparency report for Highway 7 Community Outreach Corporation 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.