Humpty Dumpty Institute Inc
Humpty Dumpty Institute Inc. faces recurring operational deficits and high liabilities despite 0% officer compensation.
EIN: 134028567 · New York, NY · NTEE: Q014 · Updated: 2026-03-28
Is Humpty Dumpty Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Humpty Dumpty Institute Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Humpty Dumpty Institute Inc
Humpty Dumpty Institute Inc (EIN: 134028567) is a nonprofit organization based in New York, NY, classified under NTEE code Q014. The organization reported total revenue of $2.2M and total assets of $412K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Humpty Dumpty Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Humpty Dumpty Institute Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Humpty Dumpty Institute Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers. This is a strong positive for resource allocation, especially for an organization with fluctuating revenues and recurring deficits.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Humpty Dumpty Institute Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2020-2023 expenses exceeding revenue).
- High liabilities relative to assets, indicating potential financial instability (e.g., $270,850 liabilities vs. $43,211 assets in 2023).
- Fluctuating revenue and asset base over time, suggesting unpredictable financial performance.
Strengths
The following positive indicators were identified for Humpty Dumpty Institute Inc:
- Consistent filing of IRS 990 forms, indicating transparency.
- 0% officer compensation reported across all filings, demonstrating efficient use of funds at the executive level.
Frequently Asked Questions about Humpty Dumpty Institute Inc
Is Humpty Dumpty Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Humpty Dumpty Institute Inc (EIN: 134028567) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Humpty Dumpty Institute Inc spend its money?
Humpty Dumpty Institute Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Humpty Dumpty Institute Inc tax-deductible?
Humpty Dumpty Institute Inc is registered as a tax-exempt nonprofit (EIN: 134028567). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have expenses consistently exceeded revenue in recent years (2020-2023)?
The filings show a consistent trend where expenses surpassed revenue, for example, $809,078 in expenses vs. $746,251 in revenue in 2023. This suggests the organization is operating at a deficit, potentially drawing from reserves or incurring debt.
What is the nature of the significant liabilities reported, such as $270,850 in 2023?
The organization consistently reports high liabilities relative to its assets, reaching $270,850 in 2023 while assets were only $43,211. Understanding the composition of these liabilities (e.g., program-related payables, loans) is crucial for assessing financial risk.
How does the organization plan to achieve financial sustainability given the recurring deficits?
With expenses frequently exceeding revenue, as seen in multiple recent periods, the long-term financial sustainability of the organization is a concern. A strategy for balancing the budget or increasing revenue streams would be important.
Filing History
IRS 990 filing history for Humpty Dumpty Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Humpty Dumpty Institute Inc's revenue has declined by 73.6%, moving from $2.8M to $746K. Total assets decreased by 84.9% over the same period, from $287K to $43K. Total functional expenses fell by 80.7%, from $4.2M to $809K. In its most recent filing year (2023), Humpty Dumpty Institute Inc reported a deficit of $63K, with expenses exceeding revenue. The organization holds $271K in liabilities against $43K in assets (debt-to-asset ratio: 626.8%), resulting in net assets of $-227,639.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $746K | $809K | $43K | $271K | — | — |
| 2022 | $415K | $461K | $140K | $271K | — | View 990 |
| 2021 | $227K | $303K | $63K | $189K | — | View 990 |
| 2020 | $202K | $244K | $131K | $188K | — | View 990 |
| 2019 | $440K | $396K | $104K | $126K | — | View 990 |
| 2018 | $273K | $361K | $57K | $283K | — | View 990 |
| 2017 | $467K | $325K | $145K | $292K | — | View 990 |
| 2016 | $896K | $908K | $34K | $216K | — | View 990 |
| 2015 | $1.5M | $1.4M | $132K | $1.3M | — | View 990 |
| 2014 | $1.1M | $1.3M | $38K | $1.2M | — | View 990 |
| 2013 | $1.7M | $2.3M | $89K | $1.1M | — | View 990 |
| 2012 | $1.6M | $2.4M | $53K | $536K | — | View 990 |
| 2011 | $2.8M | $4.2M | $287K | $54K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $746K, expenses of $809K, and assets of $43K (revenue +79.8% year-over-year).
- 2022: Revenue of $415K, expenses of $461K, and assets of $140K (revenue +83.0% year-over-year).
- 2021: Revenue of $227K, expenses of $303K, and assets of $63K (revenue +12.1% year-over-year).
- 2020: Revenue of $202K, expenses of $244K, and assets of $131K (revenue -54.0% year-over-year).
- 2019: Revenue of $440K, expenses of $396K, and assets of $104K (revenue +61.0% year-over-year).
- 2018: Revenue of $273K, expenses of $361K, and assets of $57K (revenue -41.5% year-over-year).
- 2017: Revenue of $467K, expenses of $325K, and assets of $145K (revenue -47.9% year-over-year).
- 2016: Revenue of $896K, expenses of $908K, and assets of $34K (revenue -39.1% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $132K (revenue +31.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.3M, and assets of $38K (revenue -34.3% year-over-year).
- 2013: Revenue of $1.7M, expenses of $2.3M, and assets of $89K (revenue +3.7% year-over-year).
- 2012: Revenue of $1.6M, expenses of $2.4M, and assets of $53K (revenue -41.8% year-over-year).
- 2011: Revenue of $2.8M, expenses of $4.2M, and assets of $287K.
Data Sources and Methodology
This transparency report for Humpty Dumpty Institute 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.