Hungry Hearts Inc
EIN: 831062551 · Tea, SD · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $198K |
| Total Expenses | $50K |
| Net Assets | $288K |
Is Hungry Hearts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hungry Hearts Inc
Hungry Hearts Inc (EIN: 831062551) is a nonprofit organization based in Tea, SD, classified under NTEE code P20. The organization reported total revenue of $198K and total assets of $392K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hungry Hearts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hungry Hearts Inc is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $50K |
| Surplus / Deficit | +$94K |
| Total Assets | $288K |
| Net Assets | $288K |
| Operating Margin | 65.5% |
| Months of Reserves | 69.5 months |
Financial Health Grade: A
In 2023, Hungry Hearts Inc reported a surplus of $94K with revenue exceeding expenses, holds 69.5 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Hungry Hearts Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +103.9% | +191.9% | +48.8% |
| 2022 | +147.0% | -64.9% | +38.4% |
| 2021 | -61.3% | -43.5% | -12.4% |
| 2020 | -66.3% | +19.0% | -7.0% |
| 2019 | +86.0% | -22.4% | +591.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hungry Hearts 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 Hungry Hearts 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 $94K, with revenue exceeding expenses.
Frequently Asked Questions about Hungry Hearts Inc
Is Hungry Hearts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hungry Hearts Inc (EIN: 831062551) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hungry Hearts Inc spend its money?
Detailed spending breakdown data is not yet available for Hungry Hearts Inc. Check back for updated IRS 990 analysis.
Are donations to Hungry Hearts Inc tax-deductible?
Hungry Hearts Inc is registered as a tax-exempt nonprofit (EIN: 831062551). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hungry Hearts Inc located?
Hungry Hearts Inc is headquartered in Tea, South Dakota and files with the IRS under EIN 831062551. It is classified under NTEE code P20.
How many years of IRS 990 filings does Hungry Hearts Inc have?
Hungry Hearts Inc has 6 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 $198K in total revenue.
Filing History
IRS 990 filing history for Hungry Hearts Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Hungry Hearts Inc's revenue has grown by 22.3%, moving from $118K to $144K. Total assets increased by 1059.1% over the same period, from $25K to $288K. Total functional expenses fell by 46.5%, from $93K to $50K. In its most recent filing year (2023), Hungry Hearts Inc reported a surplus of $94K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $144K | $50K | $288K | $0 | — | — |
| 2022 | $71K | $17K | $193K | $0 | — | View 990 |
| 2021 | $29K | $48K | $140K | $0 | — | View 990 |
| 2020 | $74K | $86K | $160K | $0 | — | — |
| 2019 | $219K | $72K | $172K | $0 | — | View 990 |
| 2018 | $118K | $93K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $144K, expenses of $50K, and assets of $288K (revenue +103.9% year-over-year).
- 2022: Revenue of $71K, expenses of $17K, and assets of $193K (revenue +147.0% year-over-year).
- 2021: Revenue of $29K, expenses of $48K, and assets of $140K (revenue -61.3% year-over-year).
- 2020: Revenue of $74K, expenses of $86K, and assets of $160K (revenue -66.3% year-over-year).
- 2019: Revenue of $219K, expenses of $72K, and assets of $172K (revenue +86.0% year-over-year).
- 2018: Revenue of $118K, expenses of $93K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hungry Hearts Inc:
Data Sources and Methodology
This transparency report for Hungry Hearts 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.