Humboldt Entertainment Inc
EIN: 882408822 · Humboldt, IA · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $7K |
| Net Assets | $39K |
Is Humboldt Entertainment Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Humboldt Entertainment Inc
Humboldt Entertainment Inc (EIN: 882408822) is a nonprofit organization based in Humboldt, IA, classified under NTEE code A68. The organization reported total revenue of $11K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Humboldt Entertainment Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Humboldt Entertainment Inc is a micro nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -78.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $7K |
| Surplus / Deficit | +$4K |
| Total Assets | $39K |
| Total Liabilities | $1 |
| Net Assets | $39K |
| Operating Margin | 36.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 68.2 months |
Financial Health Grade: A
In 2023, Humboldt Entertainment Inc reported a surplus of $4K with revenue exceeding expenses, holds 68.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Humboldt Entertainment Inc's revenue has declined at a compound annual growth rate (CAGR) of -78.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -78.7% | -55.6% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Humboldt Entertainment 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 Humboldt Entertainment 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 $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Humboldt Entertainment Inc
Is Humboldt Entertainment Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Humboldt Entertainment Inc (EIN: 882408822) insufficient data. 0 red flags identified, 0 strengths noted.
How does Humboldt Entertainment Inc spend its money?
Detailed spending breakdown data is not yet available for Humboldt Entertainment Inc. Check back for updated IRS 990 analysis.
Are donations to Humboldt Entertainment Inc tax-deductible?
Humboldt Entertainment Inc is registered as a tax-exempt nonprofit (EIN: 882408822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Humboldt Entertainment Inc located?
Humboldt Entertainment Inc is headquartered in Humboldt, Iowa and files with the IRS under EIN 882408822. It is classified under NTEE code A68.
How many years of IRS 990 filings does Humboldt Entertainment Inc have?
Humboldt Entertainment Inc has 2 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 $11K in total revenue.
Filing History
IRS 990 filing history for Humboldt Entertainment Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Humboldt Entertainment Inc's revenue has declined by 78.7%, moving from $50K to $11K. Total assets increased by 11.1% over the same period, from $35K to $39K. Total functional expenses fell by 55.6%, from $15K to $7K. In its most recent filing year (2023), Humboldt Entertainment Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $1 in liabilities against $39K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $39K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $7K | $39K | $1 | — | — |
| 2022 | $50K | $15K | $35K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Humboldt Entertainment Inc:
Data Sources and Methodology
This transparency report for Humboldt Entertainment 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.