Mark & Anna Ruth Hasten Family Foundation Inc
EIN: 351998923 · Indianapolis, IN · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $140K |
| Total Expenses | $151K |
| Net Assets | $3.0M |
Is Mark & Anna Ruth Hasten Family 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 Mark & Anna Ruth Hasten Family Foundation Inc
Mark & Anna Ruth Hasten Family Foundation Inc (EIN: 351998923) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code T20Z. The organization reported total revenue of $140K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mark & Anna Ruth Hasten Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mark & Anna Ruth Hasten Family Foundation Inc is a small nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $151K |
| Surplus / Deficit | +$3K |
| Total Assets | $3.0M |
| Total Liabilities | $796 |
| Net Assets | $3.0M |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 238.1 months |
Financial Health Grade: A
In 2023, Mark & Anna Ruth Hasten Family Foundation Inc reported a surplus of $3K with revenue exceeding expenses, holds 238.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mark & Anna Ruth Hasten Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +667.8% | +67.0% | +0.1% |
| 2022 | -80.3% | -55.6% | -2.3% |
| 2021 | +63.0% | +8593.6% | -3.2% |
| 2020 | +3949.8% | +132.8% | +-0.0% |
| 2019 | -99.4% | -99.8% | -11.1% |
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 Mark & Anna Ruth Hasten Family 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 Mark & Anna Ruth Hasten Family 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Mark & Anna Ruth Hasten Family Foundation Inc
Is Mark & Anna Ruth Hasten Family Foundation Inc a legitimate charity?
Mark & Anna Ruth Hasten Family Foundation Inc (EIN: 351998923) is a registered tax-exempt nonprofit based in Indiana. It has 10 years of IRS 990 filings on record. Total revenue: $140K. No red flags identified. Financial health grade: A.
How does Mark & Anna Ruth Hasten Family Foundation Inc spend its money?
Mark & Anna Ruth Hasten Family Foundation Inc reported $140K 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 Mark & Anna Ruth Hasten Family Foundation Inc tax-deductible?
Mark & Anna Ruth Hasten Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 351998923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mark & Anna Ruth Hasten Family Foundation Inc located?
Mark & Anna Ruth Hasten Family Foundation Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 351998923. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Mark & Anna Ruth Hasten Family Foundation Inc have?
Mark & Anna Ruth Hasten Family 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 $140K in total revenue.
Filing History
IRS 990 filing history for Mark & Anna Ruth Hasten Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mark & Anna Ruth Hasten Family Foundation Inc's revenue has declined by 79.7%, moving from $757K to $154K. Total assets decreased by 52.7% over the same period, from $6.3M to $3.0M. Total functional expenses fell by 84.9%, from $1.0M to $151K. In its most recent filing year (2023), Mark & Anna Ruth Hasten Family Foundation Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $796 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $151K | $3.0M | $796 | — | — |
| 2022 | $20K | $90K | $3.0M | $1 | — | View 990 |
| 2021 | $101K | $204K | $3.1M | $1 | — | View 990 |
| 2020 | $62K | $2K | $3.2M | $1 | — | View 990 |
| 2019 | $2K | $1K | $3.2M | $61K | — | View 990 |
| 2015 | $268K | $467K | $3.6M | $60K | — | View 990 |
| 2014 | $195K | $778K | $3.8M | $60K | — | View 990 |
| 2013 | $57K | $1.4M | $4.3M | $0 | — | View 990 |
| 2012 | $251K | $907K | $5.7M | $14K | — | View 990 |
| 2011 | $757K | $1.0M | $6.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $151K, and assets of $3.0M (revenue +667.8% year-over-year).
- 2022: Revenue of $20K, expenses of $90K, and assets of $3.0M (revenue -80.3% year-over-year).
- 2021: Revenue of $101K, expenses of $204K, and assets of $3.1M (revenue +63.0% year-over-year).
- 2020: Revenue of $62K, expenses of $2K, and assets of $3.2M (revenue +3949.8% year-over-year).
- 2019: Revenue of $2K, expenses of $1K, and assets of $3.2M (revenue -99.4% year-over-year).
- 2015: Revenue of $268K, expenses of $467K, and assets of $3.6M (revenue +37.0% year-over-year).
- 2014: Revenue of $195K, expenses of $778K, and assets of $3.8M (revenue +245.1% year-over-year).
- 2013: Revenue of $57K, expenses of $1.4M, and assets of $4.3M (revenue -77.5% year-over-year).
- 2012: Revenue of $251K, expenses of $907K, and assets of $5.7M (revenue -66.8% year-over-year).
- 2011: Revenue of $757K, expenses of $1.0M, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mark & Anna Ruth Hasten Family Foundation Inc:
Data Sources and Methodology
This transparency report for Mark & Anna Ruth Hasten Family 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.