Horns For Kids Inc
EIN: 452159084 · Hamden, CT · NTEE: A12
| Metric | Value |
|---|---|
| Total Revenue | $42K |
| Total Expenses | $34K |
| Net Assets | $38K |
Is Horns For Kids Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Horns For Kids Inc
Horns For Kids Inc (EIN: 452159084) is a nonprofit organization based in Hamden, CT, classified under NTEE code A12. The organization reported total revenue of $42K and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horns For Kids Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horns For Kids Inc is a micro nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $34K |
| Surplus / Deficit | +$12K |
| Total Assets | $38K |
| Net Assets | $38K |
| Operating Margin | 27.0% |
| Months of Reserves | 13.6 months |
Financial Health Grade: A
In 2023, Horns For Kids Inc reported a surplus of $12K with revenue exceeding expenses, holds 13.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Horns For Kids Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | -10.2% | +48.7% |
| 2022 | -17.5% | -27.3% | +21.4% |
| 2021 | +72.8% | +127.1% | -3.1% |
| 2020 | +27.9% | +21.1% | +44.9% |
| 2019 | -13.9% | -45.7% | +40.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Horns For Kids Inc 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 Horns For Kids Inc 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 surplus of $12K, with revenue exceeding expenses.
Frequently Asked Questions about Horns For Kids Inc
Is Horns For Kids Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Horns For Kids Inc (EIN: 452159084) insufficient data. 0 red flags identified, 0 strengths noted.
How does Horns For Kids Inc spend its money?
Detailed spending breakdown data is not yet available for Horns For Kids Inc. Check back for updated IRS 990 analysis.
Are donations to Horns For Kids Inc tax-deductible?
Horns For Kids Inc is registered as a tax-exempt nonprofit (EIN: 452159084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Horns For Kids Inc located?
Horns For Kids Inc is headquartered in Hamden, Connecticut and files with the IRS under EIN 452159084. It is classified under NTEE code A12.
How many years of IRS 990 filings does Horns For Kids Inc have?
Horns For Kids 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 $42K in total revenue.
Filing History
IRS 990 filing history for Horns For Kids Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Horns For Kids Inc's revenue has declined by 21.3%, moving from $59K to $46K. Total assets increased by 46.1% over the same period, from $26K to $38K. Total functional expenses rose by 3.4%, from $33K to $34K. In its most recent filing year (2023), Horns For Kids Inc reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $34K | $38K | $0 | — | — |
| 2022 | $42K | $38K | $26K | $0 | — | View 990 |
| 2021 | $51K | $52K | $21K | $0 | — | — |
| 2020 | $30K | $23K | $22K | $0 | — | View 990 |
| 2019 | $23K | $19K | $15K | $0 | — | View 990 |
| 2018 | $27K | $35K | $11K | $0 | — | View 990 |
| 2017 | $33K | $30K | $19K | $0 | — | View 990 |
| 2016 | $29K | $38K | $16K | $0 | — | View 990 |
| 2015 | $46K | $39K | $25K | $0 | — | View 990 |
| 2014 | $22K | $28K | $18K | $0 | — | View 990 |
| 2013 | $46K | $38K | $24K | $0 | — | View 990 |
| 2012 | $29K | $40K | $15K | $0 | — | View 990 |
| 2011 | $59K | $33K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46K, expenses of $34K, and assets of $38K (revenue +9.8% year-over-year).
- 2022: Revenue of $42K, expenses of $38K, and assets of $26K (revenue -17.5% year-over-year).
- 2021: Revenue of $51K, expenses of $52K, and assets of $21K (revenue +72.8% year-over-year).
- 2020: Revenue of $30K, expenses of $23K, and assets of $22K (revenue +27.9% year-over-year).
- 2019: Revenue of $23K, expenses of $19K, and assets of $15K (revenue -13.9% year-over-year).
- 2018: Revenue of $27K, expenses of $35K, and assets of $11K (revenue -18.9% year-over-year).
- 2017: Revenue of $33K, expenses of $30K, and assets of $19K (revenue +15.5% year-over-year).
- 2016: Revenue of $29K, expenses of $38K, and assets of $16K (revenue -38.2% year-over-year).
- 2015: Revenue of $46K, expenses of $39K, and assets of $25K (revenue +110.2% year-over-year).
- 2014: Revenue of $22K, expenses of $28K, and assets of $18K (revenue -52.7% year-over-year).
- 2013: Revenue of $46K, expenses of $38K, and assets of $24K (revenue +61.9% year-over-year).
- 2012: Revenue of $29K, expenses of $40K, and assets of $15K (revenue -51.1% year-over-year).
- 2011: Revenue of $59K, expenses of $33K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horns For Kids Inc:
Data Sources and Methodology
This transparency report for Horns For Kids 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.