New Hearts Cafe
EIN: 814307274 · Saint Amant, LA · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $22K |
| Total Expenses | $15K |
| Net Assets | $302K |
Is New Hearts Cafe Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Hearts Cafe
New Hearts Cafe (EIN: 814307274) is a nonprofit organization based in Saint Amant, LA, classified under NTEE code Q33. The organization reported total revenue of $22K and total assets of $297K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hearts Cafe's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hearts Cafe is a micro nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -37.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $15K |
| Surplus / Deficit | $-4,769 |
| Total Assets | $302K |
| Total Liabilities | $1 |
| Net Assets | $302K |
| Operating Margin | -47.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 245.2 months |
Financial Health Grade: B
In 2023, New Hearts Cafe reported a deficit of $5K with expenses exceeding revenue, holds 245.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), New Hearts Cafe's revenue has declined at a compound annual growth rate (CAGR) of -37.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -80.0% | -73.1% | -1.6% |
| 2022 | +25.0% | +22.5% | -1.6% |
| 2021 | -87.8% | -86.5% | -1.5% |
| 2020 | +403.3% | +376.8% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Hearts Cafe 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 New Hearts Cafe 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 deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about New Hearts Cafe
Is New Hearts Cafe a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hearts Cafe (EIN: 814307274) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Hearts Cafe spend its money?
Detailed spending breakdown data is not yet available for New Hearts Cafe. Check back for updated IRS 990 analysis.
Are donations to New Hearts Cafe tax-deductible?
New Hearts Cafe is registered as a tax-exempt nonprofit (EIN: 814307274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Hearts Cafe located?
New Hearts Cafe is headquartered in Saint Amant, Louisiana and files with the IRS under EIN 814307274. It is classified under NTEE code Q33.
How many years of IRS 990 filings does New Hearts Cafe have?
New Hearts Cafe has 5 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 $22K in total revenue.
Filing History
IRS 990 filing history for New Hearts Cafe showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), New Hearts Cafe's revenue has declined by 84.6%, moving from $65K to $10K. Total assets decreased by 6% over the same period, from $321K to $302K. Total functional expenses fell by 78.8%, from $70K to $15K. In its most recent filing year (2023), New Hearts Cafe reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $302K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $302K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $15K | $302K | $1 | — | — |
| 2022 | $50K | $55K | $307K | $1 | — | View 990 |
| 2021 | $40K | $45K | $311K | $1 | — | — |
| 2020 | $328K | $332K | $316K | $1 | — | — |
| 2019 | $65K | $70K | $321K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $15K, and assets of $302K (revenue -80.0% year-over-year).
- 2022: Revenue of $50K, expenses of $55K, and assets of $307K (revenue +25.0% year-over-year).
- 2021: Revenue of $40K, expenses of $45K, and assets of $311K (revenue -87.8% year-over-year).
- 2020: Revenue of $328K, expenses of $332K, and assets of $316K (revenue +403.3% year-over-year).
- 2019: Revenue of $65K, expenses of $70K, and assets of $321K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hearts Cafe:
Data Sources and Methodology
This transparency report for New Hearts Cafe 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.