Larry Joe Harless Community Center Foundtion
EIN: 550749741 · Gilbert, WV · NTEE: N31
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.0M |
| Net Assets | $1.4M |
Is Larry Joe Harless Community Center Foundtion Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Larry Joe Harless Community Center Foundtion
Larry Joe Harless Community Center Foundtion (EIN: 550749741) is a nonprofit organization based in Gilbert, WV, classified under NTEE code N31. The organization reported total revenue of $1.4M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Larry Joe Harless Community Center Foundtion's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Larry Joe Harless Community Center Foundtion is a mid-size nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$59K |
| Total Assets | $1.5M |
| Total Liabilities | $28K |
| Net Assets | $1.4M |
| Operating Margin | 5.5% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2023, Larry Joe Harless Community Center Foundtion reported a surplus of $59K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Larry Joe Harless Community Center Foundtion's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.1% | +8.1% | +3.5% |
| 2022 | -10.1% | +10.2% | -5.7% |
| 2021 | -12.4% | -5.1% | +11.9% |
| 2020 | +9.2% | +1.8% | +20.7% |
| 2019 | +1.7% | +9.6% | +12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Larry Joe Harless Community Center Foundtion 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 Larry Joe Harless Community Center Foundtion 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 $59K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Larry Joe Harless Community Center Foundtion
Is Larry Joe Harless Community Center Foundtion a legitimate charity?
Larry Joe Harless Community Center Foundtion (EIN: 550749741) is a registered tax-exempt nonprofit based in West Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: A.
How does Larry Joe Harless Community Center Foundtion spend its money?
Larry Joe Harless Community Center Foundtion reported $1.4M 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 Larry Joe Harless Community Center Foundtion tax-deductible?
Larry Joe Harless Community Center Foundtion is registered as a tax-exempt nonprofit (EIN: 550749741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Larry Joe Harless Community Center Foundtion located?
Larry Joe Harless Community Center Foundtion is headquartered in Gilbert, West Virginia and files with the IRS under EIN 550749741. It is classified under NTEE code N31.
How many years of IRS 990 filings does Larry Joe Harless Community Center Foundtion have?
Larry Joe Harless Community Center Foundtion 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Larry Joe Harless Community Center Foundtion showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Larry Joe Harless Community Center Foundtion's revenue has grown by 14.5%, moving from $936K to $1.1M. Total assets increased by 138.2% over the same period, from $614K to $1.5M. Total functional expenses fell by 3%, from $1.0M to $1.0M. In its most recent filing year (2023), Larry Joe Harless Community Center Foundtion reported a surplus of $59K, with revenue exceeding expenses. The organization holds $28K in liabilities against $1.5M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.0M | $1.5M | $28K | — | — |
| 2022 | $857K | $937K | $1.4M | $35K | — | View 990 |
| 2021 | $954K | $850K | $1.5M | $40K | — | View 990 |
| 2020 | $1.1M | $896K | $1.3M | $27K | — | — |
| 2019 | $997K | $881K | $1.1M | $28K | — | View 990 |
| 2018 | $981K | $804K | $985K | $47K | — | View 990 |
| 2017 | $816K | $825K | $792K | $23K | — | View 990 |
| 2016 | $938K | $785K | $807K | $29K | — | View 990 |
| 2015 | $1.0M | $797K | $676K | $50K | — | View 990 |
| 2014 | $792K | $766K | $421K | $18K | — | View 990 |
| 2013 | $712K | $846K | $417K | $39K | — | View 990 |
| 2012 | $844K | $830K | $544K | $33K | — | View 990 |
| 2011 | $764K | $834K | $529K | $32K | — | View 990 |
| 2010 | $936K | $1.0M | $614K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.0M, and assets of $1.5M (revenue +25.1% year-over-year).
- 2022: Revenue of $857K, expenses of $937K, and assets of $1.4M (revenue -10.1% year-over-year).
- 2021: Revenue of $954K, expenses of $850K, and assets of $1.5M (revenue -12.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $896K, and assets of $1.3M (revenue +9.2% year-over-year).
- 2019: Revenue of $997K, expenses of $881K, and assets of $1.1M (revenue +1.7% year-over-year).
- 2018: Revenue of $981K, expenses of $804K, and assets of $985K (revenue +20.2% year-over-year).
- 2017: Revenue of $816K, expenses of $825K, and assets of $792K (revenue -13.0% year-over-year).
- 2016: Revenue of $938K, expenses of $785K, and assets of $807K (revenue -8.1% year-over-year).
- 2015: Revenue of $1.0M, expenses of $797K, and assets of $676K (revenue +28.8% year-over-year).
- 2014: Revenue of $792K, expenses of $766K, and assets of $421K (revenue +11.3% year-over-year).
- 2013: Revenue of $712K, expenses of $846K, and assets of $417K (revenue -15.6% year-over-year).
- 2012: Revenue of $844K, expenses of $830K, and assets of $544K (revenue +10.5% year-over-year).
- 2011: Revenue of $764K, expenses of $834K, and assets of $529K (revenue -18.4% year-over-year).
- 2010: Revenue of $936K, expenses of $1.0M, and assets of $614K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Larry Joe Harless Community Center Foundtion:
Data Sources and Methodology
This transparency report for Larry Joe Harless Community Center Foundtion 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.