Indianapolis Hebrew Cong Foundation Inc
EIN: 310896413 · Indianapolis, IN · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $180K |
| Net Assets | $4.9M |
Is Indianapolis Hebrew Cong 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 Indianapolis Hebrew Cong Foundation Inc
Indianapolis Hebrew Cong Foundation Inc (EIN: 310896413) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code T50. The organization reported total revenue of $1.9M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indianapolis Hebrew Cong Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indianapolis Hebrew Cong Foundation Inc is a mid-size nonprofit that has been operating for 2 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -25.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $283K |
| Total Expenses | $180K |
| Surplus / Deficit | +$103K |
| Total Assets | $6.2M |
| Total Liabilities | $1.3M |
| Net Assets | $4.9M |
| Operating Margin | 36.5% |
| Debt-to-Asset Ratio | 21.1% |
| Months of Reserves | 412.6 months |
Financial Health Grade: A
In 2023, Indianapolis Hebrew Cong Foundation Inc reported a surplus of $103K with revenue exceeding expenses, holds 412.6 months of operating reserves (strong position), has a debt-to-asset ratio of 21.1% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Indianapolis Hebrew Cong Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -25.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.2% | -74.8% | +1.1% |
| 2022 | +9091.8% | +533.6% | -17.3% |
| 2021 | -96.9% | -80.3% | +5.1% |
| 2020 | -77.2% | +103.9% | +3.0% |
| 2019 | +39.2% | -2.6% | +19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indianapolis Hebrew Cong 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 Indianapolis Hebrew Cong 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 $103K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.1%.
Frequently Asked Questions about Indianapolis Hebrew Cong Foundation Inc
Is Indianapolis Hebrew Cong Foundation Inc a legitimate charity?
Indianapolis Hebrew Cong Foundation Inc (EIN: 310896413) is a registered tax-exempt nonprofit based in Indiana. It has 14 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: A.
How does Indianapolis Hebrew Cong Foundation Inc spend its money?
Indianapolis Hebrew Cong Foundation Inc reported $1.9M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Indianapolis Hebrew Cong Foundation Inc tax-deductible?
Indianapolis Hebrew Cong Foundation Inc is registered as a tax-exempt nonprofit (EIN: 310896413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indianapolis Hebrew Cong Foundation Inc located?
Indianapolis Hebrew Cong Foundation Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 310896413. It is classified under NTEE code T50.
How many years of IRS 990 filings does Indianapolis Hebrew Cong Foundation Inc have?
Indianapolis Hebrew Cong Foundation Inc 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Indianapolis Hebrew Cong Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Indianapolis Hebrew Cong Foundation Inc's revenue has declined by 97%, moving from $9.5M to $283K. Total assets decreased by 50.2% over the same period, from $12.4M to $6.2M. Total functional expenses fell by 95.1%, from $3.7M to $180K. In its most recent filing year (2023), Indianapolis Hebrew Cong Foundation Inc reported a surplus of $103K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $6.2M in assets (debt-to-asset ratio: 21.1%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $283K | $180K | $6.2M | $1.3M | — | — |
| 2022 | $465K | $712K | $6.1M | $1.7M | — | View 990 |
| 2021 | $5K | $112K | $7.4M | $1.6M | — | View 990 |
| 2020 | $165K | $569K | $7.0M | $1.6M | — | View 990 |
| 2019 | $726K | $279K | $6.8M | $1.2M | — | View 990 |
| 2018 | $522K | $287K | $5.7M | $2K | — | View 990 |
| 2017 | $345K | $282K | $6.1M | $0 | — | View 990 |
| 2016 | $392K | $396K | $5.7M | $0 | — | View 990 |
| 2015 | $191K | $458K | $5.6M | $0 | — | View 990 |
| 2014 | $256K | $517K | $6.3M | $328K | — | View 990 |
| 2013 | $479K | $468K | $8.2M | $1.9M | — | View 990 |
| 2012 | $1.2M | $168K | $10.2M | $4.2M | — | View 990 |
| 2012 | $692K | $5.4M | $9.6M | $4.7M | — | View 990 |
| 2011 | $9.5M | $3.7M | $12.4M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $283K, expenses of $180K, and assets of $6.2M (revenue -39.2% year-over-year).
- 2022: Revenue of $465K, expenses of $712K, and assets of $6.1M (revenue +9091.8% year-over-year).
- 2021: Revenue of $5K, expenses of $112K, and assets of $7.4M (revenue -96.9% year-over-year).
- 2020: Revenue of $165K, expenses of $569K, and assets of $7.0M (revenue -77.2% year-over-year).
- 2019: Revenue of $726K, expenses of $279K, and assets of $6.8M (revenue +39.2% year-over-year).
- 2018: Revenue of $522K, expenses of $287K, and assets of $5.7M (revenue +51.0% year-over-year).
- 2017: Revenue of $345K, expenses of $282K, and assets of $6.1M (revenue -12.0% year-over-year).
- 2016: Revenue of $392K, expenses of $396K, and assets of $5.7M (revenue +105.5% year-over-year).
- 2015: Revenue of $191K, expenses of $458K, and assets of $5.6M (revenue -25.4% year-over-year).
- 2014: Revenue of $256K, expenses of $517K, and assets of $6.3M (revenue -46.6% year-over-year).
- 2013: Revenue of $479K, expenses of $468K, and assets of $8.2M (revenue -60.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $168K, and assets of $10.2M (revenue +74.9% year-over-year).
- 2012: Revenue of $692K, expenses of $5.4M, and assets of $9.6M (revenue -92.7% year-over-year).
- 2011: Revenue of $9.5M, expenses of $3.7M, and assets of $12.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indianapolis Hebrew Cong Foundation Inc:
Data Sources and Methodology
This transparency report for Indianapolis Hebrew Cong 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.