Hill For Literacy Inc
EIN: 272366861 · Boston, MA · NTEE: B192
| Metric | Value |
|---|---|
| Total Revenue | $8.8M |
| Total Expenses | $8.4M |
| Net Assets | $5.2M |
Is Hill For Literacy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hill For Literacy Inc
Hill For Literacy Inc (EIN: 272366861) is a nonprofit organization based in Boston, MA, classified under NTEE code B192. The organization reported total revenue of $8.8M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hill For Literacy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hill For Literacy Inc is a mid-size nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 19.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.6M |
| Total Expenses | $8.4M |
| Surplus / Deficit | $-835,268 |
| Total Assets | $5.9M |
| Total Liabilities | $719K |
| Net Assets | $5.2M |
| Operating Margin | -11.0% |
| Debt-to-Asset Ratio | 12.2% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2024, Hill For Literacy Inc reported a deficit of $835K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Hill For Literacy Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.7% | +40.9% | -10.0% |
| 2023 | +37.1% | +50.0% | +31.1% |
| 2022 | +69.0% | +80.3% | +45.8% |
| 2021 | +29.2% | -1.7% | +29.3% |
| 2020 | -7.9% | +2.9% | +17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hill For Literacy 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 Hill For Literacy 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $835K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.2%.
Frequently Asked Questions about Hill For Literacy Inc
Is Hill For Literacy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hill For Literacy Inc (EIN: 272366861) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hill For Literacy Inc spend its money?
Detailed spending breakdown data is not yet available for Hill For Literacy Inc. Check back for updated IRS 990 analysis.
Are donations to Hill For Literacy Inc tax-deductible?
Hill For Literacy Inc is registered as a tax-exempt nonprofit (EIN: 272366861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hill For Literacy Inc located?
Hill For Literacy Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 272366861. It is classified under NTEE code B192.
How many years of IRS 990 filings does Hill For Literacy Inc have?
Hill For Literacy Inc has 14 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 $8.8M in total revenue.
Filing History
IRS 990 filing history for Hill For Literacy Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Hill For Literacy Inc's revenue has grown by 963.8%, moving from $714K to $7.6M. Total assets increased by 3651.9% over the same period, from $157K to $5.9M. Total functional expenses rose by 1347.2%, from $582K to $8.4M. In its most recent filing year (2024), Hill For Literacy Inc reported a deficit of $835K, with expenses exceeding revenue. The organization holds $719K in liabilities against $5.9M in assets (debt-to-asset ratio: 12.2%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7.6M | $8.4M | $5.9M | $719K | — | View 990 |
| 2023 | $7.0M | $6.0M | $6.5M | $537K | — | View 990 |
| 2022 | $5.1M | $4.0M | $5.0M | $55K | — | View 990 |
| 2021 | $3.0M | $2.2M | $3.4M | $18K | — | View 990 |
| 2020 | $2.4M | $2.2M | $2.6M | $339K | — | View 990 |
| 2019 | $2.6M | $2.2M | $2.3M | $56K | — | View 990 |
| 2018 | $3.2M | $2.4M | $1.9M | $39K | — | View 990 |
| 2017 | $3.0M | $2.5M | $1.1M | $59K | — | View 990 |
| 2016 | $2.4M | $2.3M | $578K | $14K | — | View 990 |
| 2015 | $1.3M | $1.3M | $486K | $24K | — | View 990 |
| 2014 | $1.4M | $1.3M | $512K | $131K | — | View 990 |
| 2013 | $891K | $742K | $268K | $8K | — | View 990 |
| 2012 | $576K | $690K | $40K | $0 | — | View 990 |
| 2011 | $714K | $582K | $157K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.6M, expenses of $8.4M, and assets of $5.9M (revenue +7.7% year-over-year).
- 2023: Revenue of $7.0M, expenses of $6.0M, and assets of $6.5M (revenue +37.1% year-over-year).
- 2022: Revenue of $5.1M, expenses of $4.0M, and assets of $5.0M (revenue +69.0% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.2M, and assets of $3.4M (revenue +29.2% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.2M, and assets of $2.6M (revenue -7.9% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.2M, and assets of $2.3M (revenue -19.4% year-over-year).
- 2018: Revenue of $3.2M, expenses of $2.4M, and assets of $1.9M (revenue +7.5% year-over-year).
- 2017: Revenue of $3.0M, expenses of $2.5M, and assets of $1.1M (revenue +22.0% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.3M, and assets of $578K (revenue +80.4% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $486K (revenue -5.7% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $512K (revenue +59.6% year-over-year).
- 2013: Revenue of $891K, expenses of $742K, and assets of $268K (revenue +54.8% year-over-year).
- 2012: Revenue of $576K, expenses of $690K, and assets of $40K (revenue -19.3% year-over-year).
- 2011: Revenue of $714K, expenses of $582K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hill For Literacy Inc:
Data Sources and Methodology
This transparency report for Hill For Literacy 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.