Taft Hartley Healthworks Inc
EIN: 464002081 · Saint Paul, MN · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $215K |
| Total Expenses | $135K |
| Net Assets | $43K |
Is Taft Hartley Healthworks Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Taft Hartley Healthworks Inc
Taft Hartley Healthworks Inc (EIN: 464002081) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code S41. The organization reported total revenue of $215K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Taft Hartley Healthworks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Taft Hartley Healthworks Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $135K |
| Surplus / Deficit | +$7K |
| Total Assets | $48K |
| Total Liabilities | $5K |
| Net Assets | $43K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 9.5% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Taft Hartley Healthworks Inc reported a surplus of $7K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 9.5% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Taft Hartley Healthworks Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.5% | +10.2% | +31.4% |
| 2022 | -6.4% | +97.5% | -2.1% |
| 2021 | -26.8% | -46.3% | +64.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Taft Hartley Healthworks 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 Taft Hartley Healthworks 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 surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.5%.
Frequently Asked Questions about Taft Hartley Healthworks Inc
Is Taft Hartley Healthworks Inc a legitimate charity?
Taft Hartley Healthworks Inc (EIN: 464002081) is a registered tax-exempt nonprofit based in Minnesota. It has 4 years of IRS 990 filings on record. Total revenue: $215K. No red flags identified. Financial health grade: A.
How does Taft Hartley Healthworks Inc spend its money?
Taft Hartley Healthworks Inc reported $215K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Taft Hartley Healthworks Inc tax-deductible?
Taft Hartley Healthworks Inc is registered as a tax-exempt nonprofit (EIN: 464002081). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Taft Hartley Healthworks Inc located?
Taft Hartley Healthworks Inc is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 464002081. It is classified under NTEE code S41.
How many years of IRS 990 filings does Taft Hartley Healthworks Inc have?
Taft Hartley Healthworks Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $215K in total revenue.
Filing History
IRS 990 filing history for Taft Hartley Healthworks Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Taft Hartley Healthworks Inc's revenue has declined by 20.2%, moving from $177K to $142K. Total assets increased by 111.1% over the same period, from $23K to $48K. Total functional expenses rose by 16.8%, from $115K to $135K. In its most recent filing year (2023), Taft Hartley Healthworks Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $5K in liabilities against $48K in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $135K | $48K | $5K | — | — |
| 2022 | $122K | $122K | $36K | $0 | — | View 990 |
| 2021 | $130K | $62K | $37K | $0 | — | View 990 |
| 2020 | $177K | $115K | $23K | $53K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $135K, and assets of $48K (revenue +16.5% year-over-year).
- 2022: Revenue of $122K, expenses of $122K, and assets of $36K (revenue -6.4% year-over-year).
- 2021: Revenue of $130K, expenses of $62K, and assets of $37K (revenue -26.8% year-over-year).
- 2020: Revenue of $177K, expenses of $115K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Taft Hartley Healthworks Inc:
Data Sources and Methodology
This transparency report for Taft Hartley Healthworks 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.