Hmumc Foundation
EIN: 470820323 · Harrison, NE · NTEE: A12
| Metric | Value |
|---|---|
| Total Revenue | $22K |
| Total Expenses | $17K |
| Net Assets | $89K |
Is Hmumc Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hmumc Foundation
Hmumc Foundation (EIN: 470820323) is a nonprofit organization based in Harrison, NE, classified under NTEE code A12. The organization reported total revenue of $22K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hmumc Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hmumc Foundation is a micro nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $17K |
| Surplus / Deficit | $-116 |
| Total Assets | $130K |
| Total Liabilities | $41K |
| Net Assets | $89K |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 31.6% |
| Months of Reserves | 91.4 months |
Financial Health Grade: B
In 2023, Hmumc Foundation reported a deficit of $116 with expenses exceeding revenue, holds 91.4 months of operating reserves (strong position), has a debt-to-asset ratio of 31.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hmumc Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.9% | +0.8% | +4.7% |
| 2022 | +26.0% | +17.2% | +5.1% |
| 2021 | -9.6% | -9.7% | -0.3% |
| 2020 | -24.7% | -24.2% | -11.5% |
| 2019 | +32.8% | -13.9% | +0.7% |
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 Analysis Pending
AI enrichment for Hmumc Foundation 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 Hmumc Foundation 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 $116, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.6%.
Frequently Asked Questions about Hmumc Foundation
Is Hmumc Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hmumc Foundation (EIN: 470820323) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hmumc Foundation spend its money?
Detailed spending breakdown data is not yet available for Hmumc Foundation. Check back for updated IRS 990 analysis.
Are donations to Hmumc Foundation tax-deductible?
Hmumc Foundation is registered as a tax-exempt nonprofit (EIN: 470820323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hmumc Foundation located?
Hmumc Foundation is headquartered in Harrison, Nebraska and files with the IRS under EIN 470820323. It is classified under NTEE code A12.
How many years of IRS 990 filings does Hmumc Foundation have?
Hmumc Foundation 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 $22K in total revenue.
Filing History
IRS 990 filing history for Hmumc Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hmumc Foundation's revenue has declined by 8.4%, moving from $19K to $17K. Total assets increased by 196.9% over the same period, from $44K to $130K. Total functional expenses fell by 11.4%, from $19K to $17K. In its most recent filing year (2023), Hmumc Foundation reported a deficit of $116, with expenses exceeding revenue. The organization holds $41K in liabilities against $130K in assets (debt-to-asset ratio: 31.6%), resulting in net assets of $89K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17K | $17K | $130K | $41K | — | View 990 |
| 2022 | $18K | $17K | $124K | $35K | — | View 990 |
| 2021 | $14K | $14K | $118K | $30K | — | View 990 |
| 2020 | $16K | $16K | $119K | $29K | — | — |
| 2019 | $21K | $21K | $134K | $27K | — | View 990 |
| 2018 | $16K | $25K | $133K | $25K | — | View 990 |
| 2017 | $116K | $16K | $139K | $23K | — | View 990 |
| 2016 | $25K | $19K | $36K | $20K | — | View 990 |
| 2015 | $18K | $20K | $25K | $15K | — | View 990 |
| 2014 | $18K | $17K | $23K | $10K | — | View 990 |
| 2013 | $19K | $20K | $22K | $9K | — | View 990 |
| 2012 | $17K | $19K | $46K | $32K | — | View 990 |
| 2011 | $19K | $19K | $44K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17K, expenses of $17K, and assets of $130K (revenue -4.9% year-over-year).
- 2022: Revenue of $18K, expenses of $17K, and assets of $124K (revenue +26.0% year-over-year).
- 2021: Revenue of $14K, expenses of $14K, and assets of $118K (revenue -9.6% year-over-year).
- 2020: Revenue of $16K, expenses of $16K, and assets of $119K (revenue -24.7% year-over-year).
- 2019: Revenue of $21K, expenses of $21K, and assets of $134K (revenue +32.8% year-over-year).
- 2018: Revenue of $16K, expenses of $25K, and assets of $133K (revenue -86.5% year-over-year).
- 2017: Revenue of $116K, expenses of $16K, and assets of $139K (revenue +372.3% year-over-year).
- 2016: Revenue of $25K, expenses of $19K, and assets of $36K (revenue +38.4% year-over-year).
- 2015: Revenue of $18K, expenses of $20K, and assets of $25K (revenue +1.5% year-over-year).
- 2014: Revenue of $18K, expenses of $17K, and assets of $23K (revenue -9.7% year-over-year).
- 2013: Revenue of $19K, expenses of $20K, and assets of $22K (revenue +17.5% year-over-year).
- 2012: Revenue of $17K, expenses of $19K, and assets of $46K (revenue -10.7% year-over-year).
- 2011: Revenue of $19K, expenses of $19K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hmumc Foundation:
Data Sources and Methodology
This transparency report for Hmumc Foundation 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.