Hlmh Inc
Hlmh Inc maintains substantial assets and reports no officer compensation, with fluctuating annual revenues and expenses.
EIN: 134072644 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $809K |
| Total Expenses | $1.9M |
| Program Spending | 70% |
| Net Assets | $26.3M |
| Transparency Score | 75/100 |
Is Hlmh Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hlmh Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Hlmh Inc
Hlmh Inc (EIN: 134072644) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $809K and total assets of $27.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hlmh Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hlmh Inc is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$173K |
| Total Assets | $26.3M |
| Total Liabilities | $288 |
| Net Assets | $26.3M |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 163.4 months |
Financial Health Grade: A
In 2023, Hlmh Inc reported a surplus of $173K with revenue exceeding expenses, holds 163.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Hlmh Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.7% | -20.9% | +0.7% |
| 2022 | -4.3% | +26.5% | -3.0% |
| 2021 | +20.3% | +10.2% | -0.8% |
| 2020 | -54.9% | -8.3% | -1.1% |
| 2019 | +21.6% | -6.2% | +16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Hlmh Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Hlmh Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $173K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Hlmh Inc consistently reports 0% officer compensation across all available filings, indicating either a fully volunteer executive leadership or that executive salaries are categorized differently, which would require further investigation for complete transparency.
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.
Red Flags
The following concerns were identified during AI analysis of Hlmh Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, hindering full spending efficiency analysis.
- Significant revenue fluctuations, such as the drop from $3,147,784 in 2019 to $1,419,800 in 2020, and the deficit in 2022 ($1,634,213 revenue vs. $2,439,230 expenses).
Strengths
The following positive indicators were identified for Hlmh Inc:
- Substantial and growing asset base, reaching $26,278,513 in 2023, indicating strong financial reserves.
- Consistent reporting of 0% officer compensation, suggesting a potentially low overhead for executive leadership.
- Long history of IRS 990 filings (10 filings), demonstrating commitment to regulatory compliance and basic transparency.
- Positive financial surplus in 2023 ($172,959), recovering from a deficit in the prior year.
Frequently Asked Questions about Hlmh Inc
Is Hlmh Inc a legitimate charity?
Hlmh Inc (EIN: 134072644) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $809K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Hlmh Inc spend its money?
Hlmh Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Hlmh Inc tax-deductible?
Hlmh Inc is registered as a tax-exempt nonprofit (EIN: 134072644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hlmh Inc's spending goes to programs?
Hlmh Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Hlmh Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Hlmh Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hlmh Inc located?
Hlmh Inc is headquartered in New York, New York and files with the IRS under EIN 134072644. It is classified under NTEE code T20.
How many years of IRS 990 filings does Hlmh Inc have?
Hlmh Inc has 10 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 $809K in total revenue.
What is the detailed breakdown of Hlmh Inc's expenses into program, administrative, and fundraising categories?
The provided data does not offer a detailed functional expense breakdown. While total expenses are available (e.g., $1,930,254 in 2023), the allocation to specific categories like programs, administration, and fundraising is not specified, making it difficult to assess spending efficiency accurately.
How does Hlmh Inc sustain its operations with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that either the organization's executive leadership is entirely volunteer-based, or compensation for key personnel is reported under other expense lines, such as salaries and wages for staff, rather than specifically as 'officer compensation' on the 990 summary.
What is the primary source of Hlmh Inc's revenue, given its NTEE code T20?
Given the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), Hlmh Inc's primary revenue sources are likely contributions, gifts, grants, and potentially investment income from its substantial asset base. The provided data only shows total revenue, not its breakdown by source.
Filing History
IRS 990 filing history for Hlmh Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hlmh Inc's revenue has declined by 19.2%, moving from $2.6M to $2.1M. Total assets increased by 21% over the same period, from $21.7M to $26.3M. Total functional expenses rose by 33.3%, from $1.4M to $1.9M. In its most recent filing year (2023), Hlmh Inc reported a surplus of $173K, with revenue exceeding expenses. The organization holds $288 in liabilities against $26.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.9M | $26.3M | $288 | — | View 990 |
| 2022 | $1.6M | $2.4M | $26.1M | $288 | — | View 990 |
| 2021 | $1.7M | $1.9M | $26.9M | $313 | — | View 990 |
| 2020 | $1.4M | $1.7M | $27.1M | $288 | — | View 990 |
| 2019 | $3.1M | $1.9M | $27.4M | $0 | — | View 990 |
| 2015 | $2.6M | $2.0M | $23.5M | $0 | — | View 990 |
| 2014 | $2.3M | $1.7M | $23.0M | $0 | — | View 990 |
| 2013 | $1.5M | $1.4M | $22.4M | $0 | — | View 990 |
| 2012 | $1.9M | $1.5M | $22.2M | $0 | — | View 990 |
| 2011 | $2.6M | $1.4M | $21.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.9M, and assets of $26.3M (revenue +28.7% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.4M, and assets of $26.1M (revenue -4.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.9M, and assets of $26.9M (revenue +20.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.7M, and assets of $27.1M (revenue -54.9% year-over-year).
- 2019: Revenue of $3.1M, expenses of $1.9M, and assets of $27.4M (revenue +21.6% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.0M, and assets of $23.5M (revenue +10.5% year-over-year).
- 2014: Revenue of $2.3M, expenses of $1.7M, and assets of $23.0M (revenue +51.8% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $22.4M (revenue -18.6% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.5M, and assets of $22.2M (revenue -27.1% year-over-year).
- 2011: Revenue of $2.6M, expenses of $1.4M, and assets of $21.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hlmh Inc:
Data Sources and Methodology
This transparency report for Hlmh 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.