Hillsboro Charity Tractor Pull
EIN: 372005188 · Hillsboro, WI · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $263K |
| Total Expenses | $281K |
| Net Assets | $-3,621 |
Is Hillsboro Charity Tractor Pull Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hillsboro Charity Tractor Pull
Hillsboro Charity Tractor Pull (EIN: 372005188) is a nonprofit organization based in Hillsboro, WI, classified under NTEE code P20. The organization reported total revenue of $263K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hillsboro Charity Tractor Pull's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hillsboro Charity Tractor Pull is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $271K |
| Total Expenses | $281K |
| Surplus / Deficit | $-9,722 |
| Total Assets | $6K |
| Total Liabilities | $10K |
| Net Assets | $-3,621 |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 159.7% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2023, Hillsboro Charity Tractor Pull reported a deficit of $10K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 159.7% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Hillsboro Charity Tractor Pull's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.9% | +10.7% | -26.7% |
| 2022 | +19.7% | +33.0% | -52.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hillsboro Charity Tractor Pull 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 Hillsboro Charity Tractor Pull 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 $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 159.7%.
Frequently Asked Questions about Hillsboro Charity Tractor Pull
Is Hillsboro Charity Tractor Pull a legitimate charity?
Hillsboro Charity Tractor Pull (EIN: 372005188) is a registered tax-exempt nonprofit based in Wisconsin. It has 3 years of IRS 990 filings on record. Total revenue: $263K. No red flags identified. Financial health grade: D.
How does Hillsboro Charity Tractor Pull spend its money?
Hillsboro Charity Tractor Pull reported $263K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hillsboro Charity Tractor Pull tax-deductible?
Hillsboro Charity Tractor Pull is registered as a tax-exempt nonprofit (EIN: 372005188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hillsboro Charity Tractor Pull located?
Hillsboro Charity Tractor Pull is headquartered in Hillsboro, Wisconsin and files with the IRS under EIN 372005188. It is classified under NTEE code P20.
How many years of IRS 990 filings does Hillsboro Charity Tractor Pull have?
Hillsboro Charity Tractor Pull has 3 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 $263K in total revenue.
Filing History
IRS 990 filing history for Hillsboro Charity Tractor Pull showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Hillsboro Charity Tractor Pull's revenue has grown by 32.8%, moving from $204K to $271K. Total assets decreased by 65.3% over the same period, from $17K to $6K. Total functional expenses rose by 47.2%, from $191K to $281K. In its most recent filing year (2023), Hillsboro Charity Tractor Pull reported a deficit of $10K, with expenses exceeding revenue. The organization holds $10K in liabilities against $6K in assets (debt-to-asset ratio: 159.7%), resulting in net assets of $-3,621.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $271K | $281K | $6K | $10K | — | — |
| 2022 | $245K | $254K | $8K | $2K | — | View 990 |
| 2021 | $204K | $191K | $17K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $271K, expenses of $281K, and assets of $6K (revenue +10.9% year-over-year).
- 2022: Revenue of $245K, expenses of $254K, and assets of $8K (revenue +19.7% year-over-year).
- 2021: Revenue of $204K, expenses of $191K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hillsboro Charity Tractor Pull:
Data Sources and Methodology
This transparency report for Hillsboro Charity Tractor Pull 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.