New Heights Community Development Corporation
EIN: 470790384 · Lincoln, NE · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $361K |
| Net Assets | $142K |
Is New Heights Community Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Heights Community Development Corporation
New Heights Community Development Corporation (EIN: 470790384) is a nonprofit organization based in Lincoln, NE, classified under NTEE code L80. The organization reported total revenue of $361K and total assets of $507K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Heights Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Heights Community Development Corporation is a small nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2010–2023).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Heights Community Development Corporation 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 Heights Community Development Corporation 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:
- Debt-to-asset ratio: 73.6%.
Frequently Asked Questions about New Heights Community Development Corporation
Is New Heights Community Development Corporation a legitimate charity?
New Heights Community Development Corporation (EIN: 470790384) is a registered tax-exempt nonprofit based in Nebraska. It has 14 years of IRS 990 filings on record. Total revenue: $361K. No red flags identified. Financial health grade: D.
How does New Heights Community Development Corporation spend its money?
New Heights Community Development Corporation reported $361K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Heights Community Development Corporation tax-deductible?
New Heights Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 470790384). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Heights Community Development Corporation located?
New Heights Community Development Corporation is headquartered in Lincoln, Nebraska and files with the IRS under EIN 470790384. It is classified under NTEE code L80.
How many years of IRS 990 filings does New Heights Community Development Corporation have?
New Heights Community Development Corporation 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 $361K in total revenue.
Filing History
IRS 990 filing history for New Heights Community Development Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), New Heights Community Development Corporation's revenue has declined by 396.5%, moving from $30K to $-89,544. Total assets increased by 5.4% over the same period, from $509K to $536K. Total functional expenses fell by 100%, from $2K to $0. The organization holds $395K in liabilities against $536K in assets (debt-to-asset ratio: 73.6%), resulting in net assets of $142K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-89,544 | $0 | $536K | $395K | — | — |
| 2022 | $-62,120 | $0 | $616K | $384K | — | — |
| 2021 | $-96,192 | $0 | $703K | $410K | — | — |
| 2020 | $-27,987 | $0 | $824K | $434K | — | View 990 |
| 2019 | $-63,123 | $0 | $877K | $459K | — | View 990 |
| 2018 | $-16,914 | $0 | $973K | $492K | — | View 990 |
| 2017 | $-15,610 | $0 | $1.0M | $544K | — | View 990 |
| 2016 | $-1,958 | $0 | $1.1M | $609K | — | View 990 |
| 2015 | $-37,241 | $0 | $1.2M | $651K | — | View 990 |
| 2014 | $-43,451 | $0 | $1.2M | $695K | — | View 990 |
| 2013 | $-44,298 | $0 | $1.3M | $713K | — | View 990 |
| 2012 | $-65,785 | $0 | $1.4M | $781K | — | View 990 |
| 2011 | $12K | $5K | $476K | $1K | — | View 990 |
| 2010 | $30K | $2K | $509K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-89,544, expenses of $0, and assets of $536K.
- 2022: Revenue of $-62,120, expenses of $0, and assets of $616K.
- 2021: Revenue of $-96,192, expenses of $0, and assets of $703K.
- 2020: Revenue of $-27,987, expenses of $0, and assets of $824K.
- 2019: Revenue of $-63,123, expenses of $0, and assets of $877K.
- 2018: Revenue of $-16,914, expenses of $0, and assets of $973K.
- 2017: Revenue of $-15,610, expenses of $0, and assets of $1.0M.
- 2016: Revenue of $-1,958, expenses of $0, and assets of $1.1M.
- 2015: Revenue of $-37,241, expenses of $0, and assets of $1.2M.
- 2014: Revenue of $-43,451, expenses of $0, and assets of $1.2M.
- 2013: Revenue of $-44,298, expenses of $0, and assets of $1.3M.
- 2012: Revenue of $-65,785, expenses of $0, and assets of $1.4M (revenue -645.3% year-over-year).
- 2011: Revenue of $12K, expenses of $5K, and assets of $476K (revenue -60.0% year-over-year).
- 2010: Revenue of $30K, expenses of $2K, and assets of $509K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Heights Community Development Corporation:
Data Sources and Methodology
This transparency report for New Heights Community Development Corporation 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.