Hume Mcneal Byers Amvets Post 224 Home Association
EIN: 232934025 · Chambersburg, PA · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $494K |
| Net Assets | $-196,134 |
Is Hume Mcneal Byers Amvets Post 224 Home Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hume Mcneal Byers Amvets Post 224 Home Association
Hume Mcneal Byers Amvets Post 224 Home Association (EIN: 232934025) is a nonprofit organization based in Chambersburg, PA, classified under NTEE code N50. The organization reported total revenue of $2.6M and total assets of $263K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hume Mcneal Byers Amvets Post 224 Home Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hume Mcneal Byers Amvets Post 224 Home Association is a mid-size nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $539K |
| Total Expenses | $494K |
| Surplus / Deficit | +$45K |
| Total Assets | $265K |
| Total Liabilities | $461K |
| Net Assets | $-196,134 |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 174.0% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, Hume Mcneal Byers Amvets Post 224 Home Association reported a surplus of $45K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 174.0% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Hume Mcneal Byers Amvets Post 224 Home Association's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.4% | +27.0% | -11.3% |
| 2022 | +70.7% | +37.7% | -13.0% |
| 2021 | +89.4% | +39.1% | -2.0% |
| 2020 | -71.5% | -54.8% | +21.9% |
| 2019 | +15.3% | +3.4% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hume Mcneal Byers Amvets Post 224 Home Association 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 Hume Mcneal Byers Amvets Post 224 Home Association 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 $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 174.0%.
Frequently Asked Questions about Hume Mcneal Byers Amvets Post 224 Home Association
Is Hume Mcneal Byers Amvets Post 224 Home Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Hume Mcneal Byers Amvets Post 224 Home Association (EIN: 232934025) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hume Mcneal Byers Amvets Post 224 Home Association spend its money?
Detailed spending breakdown data is not yet available for Hume Mcneal Byers Amvets Post 224 Home Association. Check back for updated IRS 990 analysis.
Are donations to Hume Mcneal Byers Amvets Post 224 Home Association tax-deductible?
Hume Mcneal Byers Amvets Post 224 Home Association is registered as a tax-exempt nonprofit (EIN: 232934025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hume Mcneal Byers Amvets Post 224 Home Association located?
Hume Mcneal Byers Amvets Post 224 Home Association is headquartered in Chambersburg, Pennsylvania and files with the IRS under EIN 232934025. It is classified under NTEE code N50.
How many years of IRS 990 filings does Hume Mcneal Byers Amvets Post 224 Home Association have?
Hume Mcneal Byers Amvets Post 224 Home Association has 14 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 $2.6M in total revenue.
Filing History
IRS 990 filing history for Hume Mcneal Byers Amvets Post 224 Home Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Hume Mcneal Byers Amvets Post 224 Home Association's revenue has grown by 23.4%, moving from $437K to $539K. Total assets increased by 55.6% over the same period, from $170K to $265K. Total functional expenses rose by 5.9%, from $467K to $494K. In its most recent filing year (2023), Hume Mcneal Byers Amvets Post 224 Home Association reported a surplus of $45K, with revenue exceeding expenses. The organization holds $461K in liabilities against $265K in assets (debt-to-asset ratio: 174.0%), resulting in net assets of $-196,134.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $539K | $494K | $265K | $461K | — | — |
| 2022 | $392K | $389K | $299K | $540K | — | — |
| 2021 | $230K | $283K | $344K | $587K | — | View 990 |
| 2020 | $121K | $203K | $350K | $541K | — | View 990 |
| 2019 | $426K | $450K | $287K | $396K | — | — |
| 2018 | $369K | $435K | $274K | $358K | — | View 990 |
| 2017 | $434K | $457K | $294K | $312K | — | View 990 |
| 2016 | $369K | $418K | $270K | $265K | — | View 990 |
| 2015 | $366K | $428K | $275K | $221K | — | View 990 |
| 2014 | $404K | $410K | $285K | $169K | — | View 990 |
| 2013 | $388K | $448K | $245K | $124K | — | View 990 |
| 2012 | $314K | $383K | $262K | $80K | — | View 990 |
| 2011 | $520K | $361K | $338K | $88K | — | View 990 |
| 2010 | $437K | $467K | $170K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $539K, expenses of $494K, and assets of $265K (revenue +37.4% year-over-year).
- 2022: Revenue of $392K, expenses of $389K, and assets of $299K (revenue +70.7% year-over-year).
- 2021: Revenue of $230K, expenses of $283K, and assets of $344K (revenue +89.4% year-over-year).
- 2020: Revenue of $121K, expenses of $203K, and assets of $350K (revenue -71.5% year-over-year).
- 2019: Revenue of $426K, expenses of $450K, and assets of $287K (revenue +15.3% year-over-year).
- 2018: Revenue of $369K, expenses of $435K, and assets of $274K (revenue -14.9% year-over-year).
- 2017: Revenue of $434K, expenses of $457K, and assets of $294K (revenue +17.5% year-over-year).
- 2016: Revenue of $369K, expenses of $418K, and assets of $270K (revenue +0.8% year-over-year).
- 2015: Revenue of $366K, expenses of $428K, and assets of $275K (revenue -9.4% year-over-year).
- 2014: Revenue of $404K, expenses of $410K, and assets of $285K (revenue +4.3% year-over-year).
- 2013: Revenue of $388K, expenses of $448K, and assets of $245K (revenue +23.5% year-over-year).
- 2012: Revenue of $314K, expenses of $383K, and assets of $262K (revenue -39.6% year-over-year).
- 2011: Revenue of $520K, expenses of $361K, and assets of $338K (revenue +19.0% year-over-year).
- 2010: Revenue of $437K, expenses of $467K, and assets of $170K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hume Mcneal Byers Amvets Post 224 Home Association:
Data Sources and Methodology
This transparency report for Hume Mcneal Byers Amvets Post 224 Home Association 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.