Hometown Heroes Memorial Ride
EIN: 384106035 · Rockwell City, IA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $16K |
| Total Expenses | $18K |
| Net Assets | $37K |
Is Hometown Heroes Memorial Ride Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hometown Heroes Memorial Ride
Hometown Heroes Memorial Ride (EIN: 384106035) is a nonprofit organization based in Rockwell City, IA, classified under NTEE code B82. The organization reported total revenue of $16K and total assets of $37K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hometown Heroes Memorial Ride's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hometown Heroes Memorial Ride is a micro nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2019–2023). 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 | $16K |
| Total Expenses | $18K |
| Surplus / Deficit | $-2,835 |
| Total Assets | $37K |
| Net Assets | $37K |
| Operating Margin | -18.3% |
| Months of Reserves | 24.5 months |
Financial Health Grade: B
In 2023, Hometown Heroes Memorial Ride reported a deficit of $3K with expenses exceeding revenue, holds 24.5 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2019–2023), Hometown Heroes Memorial Ride's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.9% | -23.7% | +70.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hometown Heroes Memorial Ride 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 Hometown Heroes Memorial Ride 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 $3K, with expenses exceeding revenue.
Frequently Asked Questions about Hometown Heroes Memorial Ride
Is Hometown Heroes Memorial Ride a legitimate charity?
Based on AI analysis of IRS 990 filings, Hometown Heroes Memorial Ride (EIN: 384106035) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hometown Heroes Memorial Ride spend its money?
Detailed spending breakdown data is not yet available for Hometown Heroes Memorial Ride. Check back for updated IRS 990 analysis.
Are donations to Hometown Heroes Memorial Ride tax-deductible?
Hometown Heroes Memorial Ride is registered as a tax-exempt nonprofit (EIN: 384106035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hometown Heroes Memorial Ride located?
Hometown Heroes Memorial Ride is headquartered in Rockwell City, Iowa and files with the IRS under EIN 384106035. It is classified under NTEE code B82.
How many years of IRS 990 filings does Hometown Heroes Memorial Ride have?
Hometown Heroes Memorial Ride has 2 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 $16K in total revenue.
Filing History
IRS 990 filing history for Hometown Heroes Memorial Ride showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2023), Hometown Heroes Memorial Ride's revenue has declined by 6.9%, moving from $17K to $16K. Total assets increased by 70.1% over the same period, from $22K to $37K. Total functional expenses fell by 23.7%, from $24K to $18K. In its most recent filing year (2023), Hometown Heroes Memorial Ride reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $18K | $37K | $0 | — | — |
| 2019 | $17K | $24K | $22K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hometown Heroes Memorial Ride:
Data Sources and Methodology
This transparency report for Hometown Heroes Memorial Ride 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.