Hug Me Tight Childlife Centers
EIN: 810637106 · Pittsburgh, PA · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $702K |
| Total Expenses | $585K |
| Net Assets | $3K |
Is Hug Me Tight Childlife Centers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hug Me Tight Childlife Centers
Hug Me Tight Childlife Centers (EIN: 810637106) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code B21. The organization reported total revenue of $702K and total assets of $100K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hug Me Tight Childlife Centers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hug Me Tight Childlife Centers is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $759K |
| Total Expenses | $585K |
| Surplus / Deficit | +$174K |
| Total Assets | $74K |
| Total Liabilities | $71K |
| Net Assets | $3K |
| Operating Margin | 23.0% |
| Debt-to-Asset Ratio | 96.4% |
| Months of Reserves | 1.5 months |
Financial Health Grade: B
In 2023, Hug Me Tight Childlife Centers reported a surplus of $174K with revenue exceeding expenses, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 96.4% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Hug Me Tight Childlife Centers's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +153.0% | +30.4% | +43.6% |
| 2022 | -47.0% | -28.4% | -67.8% |
| 2021 | +5.7% | +6.7% | +4.9% |
| 2020 | -27.6% | -9.9% | +26.0% |
| 2019 | +29.8% | +13.0% | +140.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hug Me Tight Childlife Centers 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 Hug Me Tight Childlife Centers 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 $174K, with revenue exceeding expenses.
- Debt-to-asset ratio: 96.4%.
Frequently Asked Questions about Hug Me Tight Childlife Centers
Is Hug Me Tight Childlife Centers a legitimate charity?
Hug Me Tight Childlife Centers (EIN: 810637106) is a registered tax-exempt nonprofit based in Pennsylvania. It has 12 years of IRS 990 filings on record. Total revenue: $702K. No red flags identified. Financial health grade: B.
How does Hug Me Tight Childlife Centers spend its money?
Hug Me Tight Childlife Centers reported $702K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hug Me Tight Childlife Centers tax-deductible?
Hug Me Tight Childlife Centers is registered as a tax-exempt nonprofit (EIN: 810637106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hug Me Tight Childlife Centers located?
Hug Me Tight Childlife Centers is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 810637106. It is classified under NTEE code B21.
How many years of IRS 990 filings does Hug Me Tight Childlife Centers have?
Hug Me Tight Childlife Centers has 12 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 $702K in total revenue.
Filing History
IRS 990 filing history for Hug Me Tight Childlife Centers showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Hug Me Tight Childlife Centers's revenue has grown by 102.2%, moving from $375K to $759K. Total assets increased by 69.3% over the same period, from $43K to $74K. Total functional expenses rose by 57.8%, from $370K to $585K. In its most recent filing year (2023), Hug Me Tight Childlife Centers reported a surplus of $174K, with revenue exceeding expenses. The organization holds $71K in liabilities against $74K in assets (debt-to-asset ratio: 96.4%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $759K | $585K | $74K | $71K | — | View 990 |
| 2022 | $300K | $448K | $51K | $223K | — | View 990 |
| 2021 | $566K | $626K | $159K | $183K | — | View 990 |
| 2020 | $535K | $587K | $152K | $115K | — | View 990 |
| 2019 | $739K | $651K | $121K | $33K | — | View 990 |
| 2018 | $570K | $576K | $50K | $51K | — | View 990 |
| 2017 | $578K | $642K | $59K | $53K | — | View 990 |
| 2016 | $762K | $790K | $75K | $4K | — | View 990 |
| 2015 | $817K | $768K | $117K | $17K | — | View 990 |
| 2014 | $623K | $644K | $51K | $3K | — | View 990 |
| 2013 | $490K | $455K | $101K | $0 | — | View 990 |
| 2012 | $375K | $370K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $759K, expenses of $585K, and assets of $74K (revenue +153.0% year-over-year).
- 2022: Revenue of $300K, expenses of $448K, and assets of $51K (revenue -47.0% year-over-year).
- 2021: Revenue of $566K, expenses of $626K, and assets of $159K (revenue +5.7% year-over-year).
- 2020: Revenue of $535K, expenses of $587K, and assets of $152K (revenue -27.6% year-over-year).
- 2019: Revenue of $739K, expenses of $651K, and assets of $121K (revenue +29.8% year-over-year).
- 2018: Revenue of $570K, expenses of $576K, and assets of $50K (revenue -1.4% year-over-year).
- 2017: Revenue of $578K, expenses of $642K, and assets of $59K (revenue -24.2% year-over-year).
- 2016: Revenue of $762K, expenses of $790K, and assets of $75K (revenue -6.7% year-over-year).
- 2015: Revenue of $817K, expenses of $768K, and assets of $117K (revenue +31.1% year-over-year).
- 2014: Revenue of $623K, expenses of $644K, and assets of $51K (revenue +27.2% year-over-year).
- 2013: Revenue of $490K, expenses of $455K, and assets of $101K (revenue +30.6% year-over-year).
- 2012: Revenue of $375K, expenses of $370K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hug Me Tight Childlife Centers:
Data Sources and Methodology
This transparency report for Hug Me Tight Childlife Centers 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.