Hudson Institute Of Mineralogy
EIN: 571197493 · Keswick, VA · NTEE: H05
Is Hudson Institute Of Mineralogy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hudson Institute Of Mineralogy
Hudson Institute Of Mineralogy (EIN: 571197493) is a nonprofit organization based in Keswick, VA, classified under NTEE code H05. The organization reported total revenue of $336K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hudson Institute Of Mineralogy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hudson Institute Of Mineralogy is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $348K |
| Total Expenses | $211K |
| Surplus / Deficit | +$137K |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | 39.3% |
| Months of Reserves | 96.7 months |
Financial Health Grade: A
In 2023, Hudson Institute Of Mineralogy reported a surplus of $137K with revenue exceeding expenses, holds 96.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Hudson Institute Of Mineralogy's revenue has grown at a compound annual growth rate (CAGR) of 31.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.2% | +0.6% | +8.7% |
| 2022 | +29.6% | +5.7% | -0.2% |
| 2021 | -77.5% | +31.0% | -2.5% |
| 2020 | -43.0% | -35.7% | +52.4% |
| 2019 | +900.4% | +74.0% | +1786.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hudson Institute Of Mineralogy 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 Hudson Institute Of Mineralogy 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 $137K, with revenue exceeding expenses.
Frequently Asked Questions about Hudson Institute Of Mineralogy
Is Hudson Institute Of Mineralogy a legitimate charity?
Based on AI analysis of IRS 990 filings, Hudson Institute Of Mineralogy (EIN: 571197493) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hudson Institute Of Mineralogy spend its money?
Detailed spending breakdown data is not yet available for Hudson Institute Of Mineralogy. Check back for updated IRS 990 analysis.
Are donations to Hudson Institute Of Mineralogy tax-deductible?
Hudson Institute Of Mineralogy is registered as a tax-exempt nonprofit (EIN: 571197493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Hudson Institute Of Mineralogy showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Hudson Institute Of Mineralogy's revenue has grown by 2462.9%, moving from $14K to $348K. Total assets increased by 750.1% over the same period, from $200K to $1.7M. Total functional expenses rose by 3430%, from $6K to $211K. In its most recent filing year (2023), Hudson Institute Of Mineralogy reported a surplus of $137K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $348K | $211K | $1.7M | $0 | — | — |
| 2022 | $206K | $210K | $1.6M | $996 | — | View 990 |
| 2021 | $159K | $199K | $1.6M | $0 | — | View 990 |
| 2020 | $705K | $152K | $1.6M | $0 | — | View 990 |
| 2019 | $1.2M | $236K | $1.1M | $0 | — | View 990 |
| 2018 | $124K | $136K | $56K | $0 | — | View 990 |
| 2017 | $43K | $109K | $68K | $0 | — | View 990 |
| 2015 | $34K | $23K | $75K | $0 | — | View 990 |
| 2014 | $1K | $6K | $64K | $1 | — | View 990 |
| 2013 | $3K | $193K | $69K | $1 | — | View 990 |
| 2012 | $69K | $11K | $259K | $1 | — | View 990 |
| 2011 | $14K | $6K | $200K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $348K, expenses of $211K, and assets of $1.7M (revenue +69.2% year-over-year).
- 2022: Revenue of $206K, expenses of $210K, and assets of $1.6M (revenue +29.6% year-over-year).
- 2021: Revenue of $159K, expenses of $199K, and assets of $1.6M (revenue -77.5% year-over-year).
- 2020: Revenue of $705K, expenses of $152K, and assets of $1.6M (revenue -43.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $236K, and assets of $1.1M (revenue +900.4% year-over-year).
- 2018: Revenue of $124K, expenses of $136K, and assets of $56K (revenue +187.9% year-over-year).
- 2017: Revenue of $43K, expenses of $109K, and assets of $68K (revenue +25.5% year-over-year).
- 2015: Revenue of $34K, expenses of $23K, and assets of $75K (revenue +2751.3% year-over-year).
- 2014: Revenue of $1K, expenses of $6K, and assets of $64K (revenue -60.0% year-over-year).
- 2013: Revenue of $3K, expenses of $193K, and assets of $69K (revenue -95.7% year-over-year).
- 2012: Revenue of $69K, expenses of $11K, and assets of $259K (revenue +411.0% year-over-year).
- 2011: Revenue of $14K, expenses of $6K, and assets of $200K.
Data Sources and Methodology
This transparency report for Hudson Institute Of Mineralogy 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.