Rescued Hearts Unique Boutique
EIN: 461339414 · Colorado Spgs, CO · NTEE: P29
| Metric | Value |
|---|---|
| Total Revenue | $149K |
| Total Expenses | $132K |
| Net Assets | $58K |
Is Rescued Hearts Unique Boutique Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rescued Hearts Unique Boutique
Rescued Hearts Unique Boutique (EIN: 461339414) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code P29. The organization reported total revenue of $149K and total assets of $63K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rescued Hearts Unique Boutique's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rescued Hearts Unique Boutique is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $132K |
| Surplus / Deficit | $-19,615 |
| Total Assets | $67K |
| Total Liabilities | $8K |
| Net Assets | $58K |
| Operating Margin | -17.4% |
| Debt-to-Asset Ratio | 12.2% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Rescued Hearts Unique Boutique reported a deficit of $20K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 12.2% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Rescued Hearts Unique Boutique's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | +54.2% | -17.9% |
| 2022 | +0.7% | -34.2% | +52.8% |
| 2021 | +18.5% | +57.3% | -25.5% |
| 2020 | +13.2% | +5.4% | +23.9% |
| 2019 | -7.4% | -13.0% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rescued Hearts Unique Boutique 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 Rescued Hearts Unique Boutique 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 $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.2%.
Frequently Asked Questions about Rescued Hearts Unique Boutique
Is Rescued Hearts Unique Boutique a legitimate charity?
Rescued Hearts Unique Boutique (EIN: 461339414) is a registered tax-exempt nonprofit based in Colorado. It has 11 years of IRS 990 filings on record. Total revenue: $149K. No red flags identified. Financial health grade: B.
How does Rescued Hearts Unique Boutique spend its money?
Rescued Hearts Unique Boutique reported $149K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rescued Hearts Unique Boutique tax-deductible?
Rescued Hearts Unique Boutique is registered as a tax-exempt nonprofit (EIN: 461339414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rescued Hearts Unique Boutique located?
Rescued Hearts Unique Boutique is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 461339414. It is classified under NTEE code P29.
How many years of IRS 990 filings does Rescued Hearts Unique Boutique have?
Rescued Hearts Unique Boutique has 11 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 $149K in total revenue.
Filing History
IRS 990 filing history for Rescued Hearts Unique Boutique showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Rescued Hearts Unique Boutique's revenue has grown by 150.4%, moving from $45K to $113K. Total assets increased by 220% over the same period, from $21K to $67K. Total functional expenses rose by 241.6%, from $39K to $132K. In its most recent filing year (2023), Rescued Hearts Unique Boutique reported a deficit of $20K, with expenses exceeding revenue. The organization holds $8K in liabilities against $67K in assets (debt-to-asset ratio: 12.2%), resulting in net assets of $58K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $132K | $67K | $8K | — | View 990 |
| 2022 | $113K | $86K | $81K | $3K | — | View 990 |
| 2021 | $113K | $130K | $53K | $3K | — | View 990 |
| 2020 | $95K | $83K | $71K | $3K | — | — |
| 2019 | $84K | $79K | $58K | $2K | — | View 990 |
| 2018 | $91K | $90K | $53K | $2K | — | View 990 |
| 2017 | $89K | $85K | $54K | $3K | — | View 990 |
| 2016 | $79K | $63K | $49K | $3K | — | View 990 |
| 2015 | $66K | $49K | $33K | $4K | — | View 990 |
| 2014 | $65K | $47K | $24K | $12K | — | View 990 |
| 2013 | $45K | $39K | $21K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $132K, and assets of $67K (revenue -0.7% year-over-year).
- 2022: Revenue of $113K, expenses of $86K, and assets of $81K (revenue +0.7% year-over-year).
- 2021: Revenue of $113K, expenses of $130K, and assets of $53K (revenue +18.5% year-over-year).
- 2020: Revenue of $95K, expenses of $83K, and assets of $71K (revenue +13.2% year-over-year).
- 2019: Revenue of $84K, expenses of $79K, and assets of $58K (revenue -7.4% year-over-year).
- 2018: Revenue of $91K, expenses of $90K, and assets of $53K (revenue +2.5% year-over-year).
- 2017: Revenue of $89K, expenses of $85K, and assets of $54K (revenue +11.5% year-over-year).
- 2016: Revenue of $79K, expenses of $63K, and assets of $49K (revenue +19.7% year-over-year).
- 2015: Revenue of $66K, expenses of $49K, and assets of $33K (revenue +1.8% year-over-year).
- 2014: Revenue of $65K, expenses of $47K, and assets of $24K (revenue +44.9% year-over-year).
- 2013: Revenue of $45K, expenses of $39K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rescued Hearts Unique Boutique:
Data Sources and Methodology
This transparency report for Rescued Hearts Unique Boutique 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.