Houghton Main Street Foundation
EIN: 841968383 · Washington, DC · NTEE: B01
| Metric | Value |
|---|---|
| Total Revenue | $478K |
| Total Expenses | $1.5M |
| Net Assets | $729K |
Is Houghton Main Street Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Houghton Main Street Foundation
Houghton Main Street Foundation (EIN: 841968383) is a nonprofit organization based in Washington, DC, classified under NTEE code B01. The organization reported total revenue of $478K and total assets of $911K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Houghton Main Street Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Houghton Main Street Foundation is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 178.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$375K |
| Total Assets | $729K |
| Net Assets | $729K |
| Operating Margin | 19.9% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2023, Houghton Main Street Foundation reported a surplus of $375K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate).
Financial Trends
Over 4 years of filings (2020–2023), Houghton Main Street Foundation's revenue has grown at a compound annual growth rate (CAGR) of 178.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +603.9% | +10072.2% | +105.8% |
| 2022 | +193.6% | -59.8% | +249.1% |
| 2021 | +4.1% | -50.2% | +116.5% |
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 Houghton Main Street 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 Houghton Main Street 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 surplus of $375K, with revenue exceeding expenses.
Frequently Asked Questions about Houghton Main Street Foundation
Is Houghton Main Street Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Houghton Main Street Foundation (EIN: 841968383) insufficient data. 0 red flags identified, 0 strengths noted.
How does Houghton Main Street Foundation spend its money?
Detailed spending breakdown data is not yet available for Houghton Main Street Foundation. Check back for updated IRS 990 analysis.
Are donations to Houghton Main Street Foundation tax-deductible?
Houghton Main Street Foundation is registered as a tax-exempt nonprofit (EIN: 841968383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Houghton Main Street Foundation located?
Houghton Main Street Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 841968383. It is classified under NTEE code B01.
How many years of IRS 990 filings does Houghton Main Street Foundation have?
Houghton Main Street Foundation has 4 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 $478K in total revenue.
Filing History
IRS 990 filing history for Houghton Main Street Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Houghton Main Street Foundation's revenue has grown by 2050.9%, moving from $88K to $1.9M. Total assets increased by 1455.4% over the same period, from $47K to $729K. Total functional expenses rose by 1937.8%, from $74K to $1.5M. In its most recent filing year (2023), Houghton Main Street Foundation reported a surplus of $375K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.5M | $729K | $0 | — | — |
| 2022 | $268K | $15K | $354K | $0 | — | View 990 |
| 2021 | $91K | $37K | $102K | $292 | — | View 990 |
| 2020 | $88K | $74K | $47K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.5M, and assets of $729K (revenue +603.9% year-over-year).
- 2022: Revenue of $268K, expenses of $15K, and assets of $354K (revenue +193.6% year-over-year).
- 2021: Revenue of $91K, expenses of $37K, and assets of $102K (revenue +4.1% year-over-year).
- 2020: Revenue of $88K, expenses of $74K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Houghton Main Street Foundation:
Data Sources and Methodology
This transparency report for Houghton Main Street 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.