Secular Institute Of The Two Hearts Inc
EIN: 510392520 · Dover, DE · NTEE: X21
| Metric | Value |
|---|---|
| Total Expenses | $15K |
| Net Assets | $4K |
Is Secular Institute Of The Two Hearts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Secular Institute Of The Two Hearts Inc
Secular Institute Of The Two Hearts Inc (EIN: 510392520) is a nonprofit organization based in Dover, DE, classified under NTEE code X21. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Secular Institute Of The Two Hearts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Secular Institute Of The Two Hearts Inc is a micro nonprofit that has been operating for 18 years, with 4 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -29.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $15K |
| Surplus / Deficit | +$2K |
| Total Assets | $104K |
| Total Liabilities | $100K |
| Net Assets | $4K |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 96.0% |
| Months of Reserves | 82.5 months |
Financial Health Grade: A
In 2015, Secular Institute Of The Two Hearts Inc reported a surplus of $2K with revenue exceeding expenses, holds 82.5 months of operating reserves (strong position), has a debt-to-asset ratio of 96.0% (high leverage).
Financial Trends
Over 4 years of filings (2011–2015), Secular Institute Of The Two Hearts Inc's revenue has declined at a compound annual growth rate (CAGR) of -29.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +67.2% | +1.9% | +5455.9% |
| 2014 | -73.0% | -56.5% | -70.2% |
| 2013 | -45.7% | -51.5% | +110.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Secular Institute Of The Two Hearts 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 Secular Institute Of The Two Hearts 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 96.0%.
Frequently Asked Questions about Secular Institute Of The Two Hearts Inc
Is Secular Institute Of The Two Hearts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Secular Institute Of The Two Hearts Inc (EIN: 510392520) insufficient data. 0 red flags identified, 0 strengths noted.
How does Secular Institute Of The Two Hearts Inc spend its money?
Detailed spending breakdown data is not yet available for Secular Institute Of The Two Hearts Inc. Check back for updated IRS 990 analysis.
Are donations to Secular Institute Of The Two Hearts Inc tax-deductible?
Secular Institute Of The Two Hearts Inc is registered as a tax-exempt nonprofit (EIN: 510392520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Secular Institute Of The Two Hearts Inc located?
Secular Institute Of The Two Hearts Inc is headquartered in Dover, Delaware and files with the IRS under EIN 510392520. It is classified under NTEE code X21.
How many years of IRS 990 filings does Secular Institute Of The Two Hearts Inc have?
Secular Institute Of The Two Hearts Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Secular Institute Of The Two Hearts Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2015), Secular Institute Of The Two Hearts Inc's revenue has declined by 75.5%, moving from $71K to $17K. Total assets increased by 3378.5% over the same period, from $3K to $104K. Total functional expenses fell by 78.5%, from $70K to $15K. In its most recent filing year (2015), Secular Institute Of The Two Hearts Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $100K in liabilities against $104K in assets (debt-to-asset ratio: 96.0%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $17K | $15K | $104K | $100K | — | View 990 |
| 2014 | $10K | $15K | $2K | $0 | — | View 990 |
| 2013 | $39K | $34K | $6K | $0 | — | — |
| 2011 | $71K | $70K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $17K, expenses of $15K, and assets of $104K (revenue +67.2% year-over-year).
- 2014: Revenue of $10K, expenses of $15K, and assets of $2K (revenue -73.0% year-over-year).
- 2013: Revenue of $39K, expenses of $34K, and assets of $6K (revenue -45.7% year-over-year).
- 2011: Revenue of $71K, expenses of $70K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Secular Institute Of The Two Hearts Inc:
Data Sources and Methodology
This transparency report for Secular Institute Of The Two Hearts 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.