Purple Hearts Reunited Inc
EIN: 460769514 · Georgia, VT · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $11K |
| Net Assets | $12K |
Is Purple Hearts Reunited Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Purple Hearts Reunited Inc
Purple Hearts Reunited Inc (EIN: 460769514) is a nonprofit organization based in Georgia, VT, classified under NTEE code W30. The organization reported total revenue of $24K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Purple Hearts Reunited Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Purple Hearts Reunited Inc is a micro nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $11K |
| Surplus / Deficit | $-2,778 |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | -32.3% |
| Months of Reserves | 12.9 months |
Financial Health Grade: B
In 2023, Purple Hearts Reunited Inc reported a deficit of $3K with expenses exceeding revenue, holds 12.9 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Purple Hearts Reunited Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.2% | -56.5% | -18.5% |
| 2022 | -71.4% | -65.9% | -40.0% |
| 2021 | -43.6% | -42.9% | -39.3% |
| 2020 | -67.3% | -64.2% | -39.6% |
| 2019 | +1.6% | +13.4% | -44.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Purple Hearts Reunited 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 Purple Hearts Reunited 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 deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Purple Hearts Reunited Inc
Is Purple Hearts Reunited Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Purple Hearts Reunited Inc (EIN: 460769514) insufficient data. 0 red flags identified, 0 strengths noted.
How does Purple Hearts Reunited Inc spend its money?
Detailed spending breakdown data is not yet available for Purple Hearts Reunited Inc. Check back for updated IRS 990 analysis.
Are donations to Purple Hearts Reunited Inc tax-deductible?
Purple Hearts Reunited Inc is registered as a tax-exempt nonprofit (EIN: 460769514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Purple Hearts Reunited Inc located?
Purple Hearts Reunited Inc is headquartered in Georgia, Vermont and files with the IRS under EIN 460769514. It is classified under NTEE code W30.
How many years of IRS 990 filings does Purple Hearts Reunited Inc have?
Purple Hearts Reunited 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 $24K in total revenue.
Filing History
IRS 990 filing history for Purple Hearts Reunited Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Purple Hearts Reunited Inc's revenue has declined by 72.9%, moving from $32K to $9K. Total assets decreased by 41.2% over the same period, from $21K to $12K. Total functional expenses fell by 72.6%, from $42K to $11K. In its most recent filing year (2023), Purple Hearts Reunited Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9K | $11K | $12K | $0 | — | — |
| 2022 | $17K | $26K | $15K | $0 | — | View 990 |
| 2021 | $60K | $77K | $25K | $1K | — | View 990 |
| 2020 | $107K | $134K | $41K | $1K | — | — |
| 2019 | $328K | $375K | $68K | $1K | — | View 990 |
| 2018 | $323K | $331K | $122K | $7K | — | View 990 |
| 2017 | $304K | $277K | $122K | $0 | — | View 990 |
| 2016 | $181K | $181K | $96K | $0 | — | View 990 |
| 2015 | $173K | $97K | $96K | $0 | — | View 990 |
| 2014 | $32K | $42K | $21K | $840 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9K, expenses of $11K, and assets of $12K (revenue -50.2% year-over-year).
- 2022: Revenue of $17K, expenses of $26K, and assets of $15K (revenue -71.4% year-over-year).
- 2021: Revenue of $60K, expenses of $77K, and assets of $25K (revenue -43.6% year-over-year).
- 2020: Revenue of $107K, expenses of $134K, and assets of $41K (revenue -67.3% year-over-year).
- 2019: Revenue of $328K, expenses of $375K, and assets of $68K (revenue +1.6% year-over-year).
- 2018: Revenue of $323K, expenses of $331K, and assets of $122K (revenue +6.2% year-over-year).
- 2017: Revenue of $304K, expenses of $277K, and assets of $122K (revenue +68.2% year-over-year).
- 2016: Revenue of $181K, expenses of $181K, and assets of $96K (revenue +4.5% year-over-year).
- 2015: Revenue of $173K, expenses of $97K, and assets of $96K (revenue +445.7% year-over-year).
- 2014: Revenue of $32K, expenses of $42K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Purple Hearts Reunited Inc:
Data Sources and Methodology
This transparency report for Purple Hearts Reunited 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.