Huron University Foundation Inc
EIN: 460371097 · Huron, SD · NTEE: B43I
| Metric | Value |
|---|---|
| Total Revenue | $73K |
| Total Expenses | $73K |
| Net Assets | $19K |
Is Huron University Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Huron University Foundation Inc
Huron University Foundation Inc (EIN: 460371097) is a nonprofit organization based in Huron, SD, classified under NTEE code B43I. The organization reported total revenue of $73K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huron University Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huron University Foundation Inc is a micro nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $73K |
| Surplus / Deficit | +$17K |
| Total Assets | $19K |
| Total Liabilities | $1 |
| Net Assets | $19K |
| Operating Margin | 18.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Huron University Foundation Inc reported a surplus of $17K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.1% | -9.9% | +763.3% |
| 2022 | +7.3% | +16.9% | -72.2% |
| 2021 | +16.7% | -8.9% | +13.4% |
| 2020 | -16.7% | +16.5% | -69.5% |
| 2019 | -22.6% | -12.8% | -18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Huron University Foundation 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 Huron University Foundation 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 $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Huron University Foundation Inc
Is Huron University Foundation Inc a legitimate charity?
Huron University Foundation Inc (EIN: 460371097) is a registered tax-exempt nonprofit based in South Dakota. It has 10 years of IRS 990 filings on record. Total revenue: $73K. No red flags identified. Financial health grade: A.
How does Huron University Foundation Inc spend its money?
Huron University Foundation Inc reported $73K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Huron University Foundation Inc tax-deductible?
Huron University Foundation Inc is registered as a tax-exempt nonprofit (EIN: 460371097). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Huron University Foundation Inc located?
Huron University Foundation Inc is headquartered in Huron, South Dakota and files with the IRS under EIN 460371097. It is classified under NTEE code B43I.
How many years of IRS 990 filings does Huron University Foundation Inc have?
Huron University Foundation Inc has 10 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 $73K in total revenue.
Filing History
IRS 990 filing history for Huron University Foundation Inc showing financial trends over 10 years of public records:
Total assets decreased by 98.9% over the same period, from $1.7M to $19K. Total functional expenses fell by 31.1%, from $106K to $73K. In its most recent filing year (2023), Huron University Foundation Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $1 in liabilities against $19K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $73K | $19K | $1 | — | — |
| 2022 | $75K | $81K | $2K | $1 | — | View 990 |
| 2021 | $70K | $69K | $8K | $1 | — | — |
| 2020 | $60K | $76K | $7K | $1 | — | — |
| 2019 | $72K | $65K | $23K | $1 | — | View 990 |
| 2015 | $93K | $75K | $28K | $1 | — | View 990 |
| 2014 | $27K | $59K | $10K | $1 | — | View 990 |
| 2013 | $13K | $108K | $1.6M | $1 | — | View 990 |
| 2012 | $23K | $84K | $1.7M | $1 | — | View 990 |
| 2011 | $-48,954 | $106K | $1.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $73K, and assets of $19K (revenue +19.1% year-over-year).
- 2022: Revenue of $75K, expenses of $81K, and assets of $2K (revenue +7.3% year-over-year).
- 2021: Revenue of $70K, expenses of $69K, and assets of $8K (revenue +16.7% year-over-year).
- 2020: Revenue of $60K, expenses of $76K, and assets of $7K (revenue -16.7% year-over-year).
- 2019: Revenue of $72K, expenses of $65K, and assets of $23K (revenue -22.6% year-over-year).
- 2015: Revenue of $93K, expenses of $75K, and assets of $28K (revenue +251.0% year-over-year).
- 2014: Revenue of $27K, expenses of $59K, and assets of $10K (revenue +107.9% year-over-year).
- 2013: Revenue of $13K, expenses of $108K, and assets of $1.6M (revenue -44.8% year-over-year).
- 2012: Revenue of $23K, expenses of $84K, and assets of $1.7M.
- 2011: Revenue of $-48,954, expenses of $106K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Huron University Foundation Inc:
Data Sources and Methodology
This transparency report for Huron University Foundation 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.