North Hall Community Education Foundation Inc
North Hall Community Education Foundation Inc shows consistent asset growth and no officer compensation over the last decade.
EIN: 203199427 · Gainesville, GA · NTEE: T31 · Updated: 2026-03-28
Is North Hall Community Education Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Hall Community Education Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Hall Community Education Foundation Inc
North Hall Community Education Foundation Inc (EIN: 203199427) is a nonprofit organization based in Gainesville, GA, classified under NTEE code T31. The organization reported total revenue of $197K and total assets of $742K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Hall Community Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Hall Community Education Foundation Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $78K |
| Surplus / Deficit | +$60K |
| Total Assets | $628K |
| Net Assets | $628K |
| Operating Margin | 43.7% |
| Months of Reserves | 96.9 months |
Financial Health Grade: A
In 2024, North Hall Community Education Foundation Inc reported a surplus of $60K with revenue exceeding expenses, holds 96.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), North Hall Community Education Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.4% | +10.1% | +24.1% |
| 2023 | +5.3% | +25.2% | +7.9% |
| 2022 | +92.2% | +21.7% | -2.0% |
| 2021 | -33.5% | +2.3% | +26.4% |
| 2020 | +6.7% | -3.4% | +21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Hall Community Education Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, North Hall Community Education Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $60K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for North Hall Community Education Foundation Inc:
- Consistent asset growth, from $168,577 in 2015 to $628,267 in 2024.
- No reported officer compensation across all filings, indicating high efficiency.
- Zero liabilities reported in all available filings, showing strong financial management.
- Revenue consistently exceeds expenses, allowing for healthy asset accumulation.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about North Hall Community Education Foundation Inc
Is North Hall Community Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Hall Community Education Foundation Inc (EIN: 203199427) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does North Hall Community Education Foundation Inc spend its money?
North Hall Community Education Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Hall Community Education Foundation Inc tax-deductible?
North Hall Community Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203199427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is North Hall Community Education Foundation Inc a good charity?
Yes, based on the available financial data, the North Hall Community Education Foundation Inc appears to be a very good charity. They demonstrate strong financial health, consistent asset growth, efficient spending with no reported officer compensation, and a clear commitment to their mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $168,577 in 2015 to $628,267 in 2024, and revenue has increased from $61,425 to $138,272 in the same period, indicating strong growth and sustainability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or a highly efficient model where executive roles are not compensated through traditional officer salaries, which is a positive for donor funds.
Filing History
IRS 990 filing history for North Hall Community Education Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), North Hall Community Education Foundation Inc's revenue has grown by 282.4%, moving from $36K to $138K. Total assets increased by 580.6% over the same period, from $92K to $628K. Total functional expenses rose by 263.4%, from $21K to $78K. In its most recent filing year (2024), North Hall Community Education Foundation Inc reported a surplus of $60K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $138K | $78K | $628K | $0 | — | — |
| 2023 | $129K | $71K | $506K | $0 | — | — |
| 2022 | $122K | $56K | $469K | $0 | — | View 990 |
| 2021 | $64K | $46K | $479K | $0 | — | View 990 |
| 2020 | $96K | $45K | $379K | $0 | — | — |
| 2019 | $90K | $47K | $311K | $0 | — | View 990 |
| 2018 | $80K | $46K | $282K | $0 | — | View 990 |
| 2017 | $73K | $45K | $236K | $0 | — | View 990 |
| 2016 | $71K | $42K | $192K | $0 | — | View 990 |
| 2015 | $61K | $40K | $169K | $0 | — | View 990 |
| 2014 | $54K | $32K | $147K | $0 | — | View 990 |
| 2013 | $40K | $27K | $126K | $0 | — | View 990 |
| 2012 | $41K | $21K | $113K | $0 | — | View 990 |
| 2011 | $36K | $21K | $92K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $138K, expenses of $78K, and assets of $628K (revenue +7.4% year-over-year).
- 2023: Revenue of $129K, expenses of $71K, and assets of $506K (revenue +5.3% year-over-year).
- 2022: Revenue of $122K, expenses of $56K, and assets of $469K (revenue +92.2% year-over-year).
- 2021: Revenue of $64K, expenses of $46K, and assets of $479K (revenue -33.5% year-over-year).
- 2020: Revenue of $96K, expenses of $45K, and assets of $379K (revenue +6.7% year-over-year).
- 2019: Revenue of $90K, expenses of $47K, and assets of $311K (revenue +11.6% year-over-year).
- 2018: Revenue of $80K, expenses of $46K, and assets of $282K (revenue +9.3% year-over-year).
- 2017: Revenue of $73K, expenses of $45K, and assets of $236K (revenue +4.0% year-over-year).
- 2016: Revenue of $71K, expenses of $42K, and assets of $192K (revenue +15.0% year-over-year).
- 2015: Revenue of $61K, expenses of $40K, and assets of $169K (revenue +14.7% year-over-year).
- 2014: Revenue of $54K, expenses of $32K, and assets of $147K (revenue +33.4% year-over-year).
- 2013: Revenue of $40K, expenses of $27K, and assets of $126K (revenue -2.8% year-over-year).
- 2012: Revenue of $41K, expenses of $21K, and assets of $113K (revenue +14.2% year-over-year).
- 2011: Revenue of $36K, expenses of $21K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Hall Community Education Foundation Inc:
Data Sources and Methodology
This transparency report for North Hall Community Education 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.