Houtan Scholarship Foundation
EIN: 223655423 · Egg Hbr Twp, NJ · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $215K |
| Total Expenses | $11K |
| Net Assets | $624K |
Is Houtan Scholarship Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Houtan Scholarship Foundation
Houtan Scholarship Foundation (EIN: 223655423) is a nonprofit organization based in Egg Hbr Twp, NJ, classified under NTEE code T22. The organization reported total revenue of $215K and total assets of $510K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Houtan Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Houtan Scholarship Foundation is a small nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $11K |
| Surplus / Deficit | +$123K |
| Total Assets | $624K |
| Total Liabilities | $1 |
| Net Assets | $624K |
| Operating Margin | 92.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 703.7 months |
Financial Health Grade: A
In 2023, Houtan Scholarship Foundation reported a surplus of $123K with revenue exceeding expenses, holds 703.7 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), Houtan Scholarship Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +189.2% | -29.0% | +24.5% |
| 2022 | +52.7% | -17.9% | +7.4% |
| 2021 | +13.4% | -10.2% | +2.6% |
| 2020 | -55.4% | -27.9% | +1.4% |
| 2019 | +2974.4% | +59.6% | +56.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Houtan Scholarship 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 Houtan Scholarship 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 $123K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Houtan Scholarship Foundation
Is Houtan Scholarship Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Houtan Scholarship Foundation (EIN: 223655423) insufficient data. 0 red flags identified, 0 strengths noted.
How does Houtan Scholarship Foundation spend its money?
Detailed spending breakdown data is not yet available for Houtan Scholarship Foundation. Check back for updated IRS 990 analysis.
Are donations to Houtan Scholarship Foundation tax-deductible?
Houtan Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 223655423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Houtan Scholarship Foundation located?
Houtan Scholarship Foundation is headquartered in Egg Hbr Twp, New Jersey and files with the IRS under EIN 223655423. It is classified under NTEE code T22.
How many years of IRS 990 filings does Houtan Scholarship Foundation have?
Houtan Scholarship Foundation 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 $215K in total revenue.
Filing History
IRS 990 filing history for Houtan Scholarship Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Houtan Scholarship Foundation's revenue has grown by 340.2%, moving from $30K to $134K. Total assets increased by 161.8% over the same period, from $239K to $624K. Total functional expenses fell by 73.5%, from $40K to $11K. In its most recent filing year (2023), Houtan Scholarship Foundation reported a surplus of $123K, with revenue exceeding expenses. The organization holds $1 in liabilities against $624K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $624K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $11K | $624K | $1 | — | View 990 |
| 2022 | $46K | $15K | $501K | $1 | — | View 990 |
| 2021 | $30K | $18K | $467K | $1 | — | View 990 |
| 2020 | $27K | $20K | $455K | $1 | — | View 990 |
| 2019 | $60K | $28K | $448K | $1 | — | View 990 |
| 2015 | $2K | $18K | $286K | $1 | — | View 990 |
| 2014 | $14K | $32K | $301K | $1 | — | View 990 |
| 2013 | $58K | $36K | $319K | $1 | — | View 990 |
| 2012 | $32K | $36K | $235K | $1 | — | View 990 |
| 2011 | $30K | $40K | $239K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $11K, and assets of $624K (revenue +189.2% year-over-year).
- 2022: Revenue of $46K, expenses of $15K, and assets of $501K (revenue +52.7% year-over-year).
- 2021: Revenue of $30K, expenses of $18K, and assets of $467K (revenue +13.4% year-over-year).
- 2020: Revenue of $27K, expenses of $20K, and assets of $455K (revenue -55.4% year-over-year).
- 2019: Revenue of $60K, expenses of $28K, and assets of $448K (revenue +2974.4% year-over-year).
- 2015: Revenue of $2K, expenses of $18K, and assets of $286K (revenue -86.6% year-over-year).
- 2014: Revenue of $14K, expenses of $32K, and assets of $301K (revenue -75.0% year-over-year).
- 2013: Revenue of $58K, expenses of $36K, and assets of $319K (revenue +80.5% year-over-year).
- 2012: Revenue of $32K, expenses of $36K, and assets of $235K (revenue +5.6% year-over-year).
- 2011: Revenue of $30K, expenses of $40K, and assets of $239K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Houtan Scholarship Foundation:
Data Sources and Methodology
This transparency report for Houtan Scholarship 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.