Hilton Head Home Builders Education Foundation Inc
Hilton Head Home Builders Education Foundation maintains stable finances with volunteer leadership and no debt.
EIN: 204679484 · Hilton Head, SC · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $29K |
| Program Spending | 85% |
| Net Assets | $32K |
| Transparency Score | 88/100 |
Is Hilton Head Home Builders Education Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hilton Head Home Builders Education Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hilton Head Home Builders Education Foundation Inc
Hilton Head Home Builders Education Foundation Inc (EIN: 204679484) is a nonprofit organization based in Hilton Head, SC, classified under NTEE code B82. The organization reported total revenue of $10K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hilton Head Home Builders Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hilton Head Home Builders Education Foundation Inc is a micro 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 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $29K |
| Surplus / Deficit | +$688 |
| Total Assets | $32K |
| Net Assets | $32K |
| Operating Margin | 2.3% |
| Months of Reserves | 13.1 months |
Financial Health Grade: A
In 2023, Hilton Head Home Builders Education Foundation Inc reported a surplus of $688 with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hilton Head Home Builders Education Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.3% | -31.8% | +2.2% |
| 2022 | -37.6% | +34.4% | -25.3% |
| 2021 | +58.3% | -25.8% | +69.9% |
| 2020 | -22.3% | -20.6% | -32.7% |
| 2019 | -4.6% | +22.5% | -26.6% |
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 Hilton Head Home Builders Education Foundation Inc with a Mission Score of 88 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Hilton Head Home Builders Education Foundation Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $688, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is run by volunteer leadership. This significantly reduces administrative costs and directs more resources towards its mission, which is 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 Hilton Head Home Builders Education Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- Zero liabilities reported across all 13 filings, demonstrating strong financial health and no debt.
- Robust filing history with 13 IRS 990s, showing strong transparency and compliance.
- Revenues generally cover expenses, indicating sound operational management (e.g., $30,132 revenue vs. $29,444 expenses in 202312).
Frequently Asked Questions about Hilton Head Home Builders Education Foundation Inc
Is Hilton Head Home Builders Education Foundation Inc a legitimate charity?
Hilton Head Home Builders Education Foundation Inc (EIN: 204679484) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $10K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Hilton Head Home Builders Education Foundation Inc spend its money?
Hilton Head Home Builders Education Foundation Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hilton Head Home Builders Education Foundation Inc tax-deductible?
Hilton Head Home Builders Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204679484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hilton Head Home Builders Education Foundation Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Hilton Head Home Builders Education Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hilton Head Home Builders Education Foundation Inc located?
Hilton Head Home Builders Education Foundation Inc is headquartered in Hilton Head, South Carolina and files with the IRS under EIN 204679484. It is classified under NTEE code B82.
How many years of IRS 990 filings does Hilton Head Home Builders Education Foundation Inc have?
Hilton Head Home Builders Education Foundation Inc 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 $10K in total revenue.
Is Hilton Head Home Builders Education Foundation Inc. financially stable?
Yes, the organization appears financially stable. It consistently reports revenues covering expenses (e.g., $30,132 revenue vs. $29,444 expenses in 202312) and has maintained zero liabilities across all 13 filings, indicating no debt.
How does the organization manage its leadership costs?
The organization manages its leadership costs exceptionally well, reporting 0% officer compensation in all available filings. This suggests a volunteer-led structure, which is highly efficient.
What is the trend in the organization's assets?
The organization's assets have fluctuated but generally remained in a healthy range relative to its operations, from a high of $52,555 in 201712 to $32,134 in 202312. This indicates a stable, albeit modest, asset base.
Filing History
IRS 990 filing history for Hilton Head Home Builders Education Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hilton Head Home Builders Education Foundation Inc's revenue has grown by 94.9%, moving from $15K to $30K. Total assets decreased by 33.4% over the same period, from $48K to $32K. Total functional expenses rose by 270.4%, from $8K to $29K. In its most recent filing year (2023), Hilton Head Home Builders Education Foundation Inc reported a surplus of $688, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $29K | $32K | $0 | — | — |
| 2022 | $31K | $43K | $31K | $0 | — | View 990 |
| 2021 | $49K | $32K | $42K | $0 | — | View 990 |
| 2020 | $31K | $43K | $25K | $0 | — | — |
| 2019 | $40K | $54K | $37K | $0 | — | View 990 |
| 2018 | $42K | $44K | $50K | $0 | — | View 990 |
| 2017 | $53K | $44K | $53K | $0 | — | View 990 |
| 2016 | $13K | $13K | $43K | $0 | — | View 990 |
| 2015 | $13K | $17K | $43K | $0 | — | View 990 |
| 2014 | $10K | $11K | $47K | $0 | — | View 990 |
| 2013 | $18K | $12K | $48K | $0 | — | View 990 |
| 2012 | $10K | $15K | $43K | $0 | — | View 990 |
| 2011 | $15K | $8K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $29K, and assets of $32K (revenue -2.3% year-over-year).
- 2022: Revenue of $31K, expenses of $43K, and assets of $31K (revenue -37.6% year-over-year).
- 2021: Revenue of $49K, expenses of $32K, and assets of $42K (revenue +58.3% year-over-year).
- 2020: Revenue of $31K, expenses of $43K, and assets of $25K (revenue -22.3% year-over-year).
- 2019: Revenue of $40K, expenses of $54K, and assets of $37K (revenue -4.6% year-over-year).
- 2018: Revenue of $42K, expenses of $44K, and assets of $50K (revenue -20.8% year-over-year).
- 2017: Revenue of $53K, expenses of $44K, and assets of $53K (revenue +296.0% year-over-year).
- 2016: Revenue of $13K, expenses of $13K, and assets of $43K (revenue -0.1% year-over-year).
- 2015: Revenue of $13K, expenses of $17K, and assets of $43K (revenue +39.4% year-over-year).
- 2014: Revenue of $10K, expenses of $11K, and assets of $47K (revenue -45.0% year-over-year).
- 2013: Revenue of $18K, expenses of $12K, and assets of $48K (revenue +76.5% year-over-year).
- 2012: Revenue of $10K, expenses of $15K, and assets of $43K (revenue -35.7% year-over-year).
- 2011: Revenue of $15K, expenses of $8K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hilton Head Home Builders Education Foundation Inc:
Data Sources and Methodology
This transparency report for Hilton Head Home Builders Education Foundation 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.