His Eyes Incorporated
EIN: 261559915 · Indianapolis, IN · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $976K |
| Net Assets | $367K |
Is His Eyes Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About His Eyes Incorporated
His Eyes Incorporated (EIN: 261559915) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code X20. The organization reported total revenue of $1.1M and total assets of $420K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of His Eyes Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
His Eyes Incorporated is a mid-size nonprofit that has been operating for 4 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $953K |
| Total Expenses | $976K |
| Surplus / Deficit | $-22,131 |
| Total Assets | $367K |
| Net Assets | $367K |
| Operating Margin | -2.3% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2023, His Eyes Incorporated reported a deficit of $22K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2010–2023), His Eyes Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.3% | +24.3% | -5.7% |
| 2022 | +6.1% | +30.3% | -8.4% |
| 2021 | +40.0% | +15.4% | +111.5% |
| 2019 | +6.3% | +25.5% | -7.9% |
| 2018 | -15.8% | -18.5% | +27.1% |
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 His Eyes Incorporated 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 His Eyes Incorporated 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 $22K, with expenses exceeding revenue.
Frequently Asked Questions about His Eyes Incorporated
Is His Eyes Incorporated a legitimate charity?
His Eyes Incorporated (EIN: 261559915) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: B.
How does His Eyes Incorporated spend its money?
His Eyes Incorporated reported $1.1M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to His Eyes Incorporated tax-deductible?
His Eyes Incorporated is registered as a tax-exempt nonprofit (EIN: 261559915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is His Eyes Incorporated located?
His Eyes Incorporated is headquartered in Indianapolis, Indiana and files with the IRS under EIN 261559915. It is classified under NTEE code X20.
How many years of IRS 990 filings does His Eyes Incorporated have?
His Eyes Incorporated 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for His Eyes Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), His Eyes Incorporated's revenue has grown by 276.4%, moving from $253K to $953K. In its most recent filing year (2023), His Eyes Incorporated reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $953K | $976K | $367K | $0 | — | — |
| 2022 | $749K | $785K | $390K | $0 | — | — |
| 2021 | $706K | $602K | $425K | $0 | — | View 990 |
| 2019 | $505K | $522K | $201K | $0 | — | — |
| 2018 | $475K | $416K | $218K | $0 | — | — |
| 2017 | $564K | $510K | $172K | $0 | — | View 990 |
| 2016 | $470K | $457K | $118K | $0 | — | View 990 |
| 2015 | $609K | $603K | $105K | $0 | — | View 990 |
| 2014 | $573K | $584K | $98K | $0 | — | View 990 |
| 2013 | $689K | $692K | $109K | $0 | — | View 990 |
| 2012 | $477K | $452K | $111K | $0 | — | View 990 |
| 2011 | $456K | $461K | $91K | $0 | — | View 990 |
| 2010 | $253K | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $953K, expenses of $976K, and assets of $367K (revenue +27.3% year-over-year).
- 2022: Revenue of $749K, expenses of $785K, and assets of $390K (revenue +6.1% year-over-year).
- 2021: Revenue of $706K, expenses of $602K, and assets of $425K (revenue +40.0% year-over-year).
- 2019: Revenue of $505K, expenses of $522K, and assets of $201K (revenue +6.3% year-over-year).
- 2018: Revenue of $475K, expenses of $416K, and assets of $218K (revenue -15.8% year-over-year).
- 2017: Revenue of $564K, expenses of $510K, and assets of $172K (revenue +19.9% year-over-year).
- 2016: Revenue of $470K, expenses of $457K, and assets of $118K (revenue -22.8% year-over-year).
- 2015: Revenue of $609K, expenses of $603K, and assets of $105K (revenue +6.3% year-over-year).
- 2014: Revenue of $573K, expenses of $584K, and assets of $98K (revenue -16.8% year-over-year).
- 2013: Revenue of $689K, expenses of $692K, and assets of $109K (revenue +44.5% year-over-year).
- 2012: Revenue of $477K, expenses of $452K, and assets of $111K (revenue +4.6% year-over-year).
- 2011: Revenue of $456K, expenses of $461K, and assets of $91K (revenue +80.1% year-over-year).
- 2010: Revenue of $253K, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for His Eyes Incorporated:
Data Sources and Methodology
This transparency report for His Eyes Incorporated 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.