Team Hailey Hugs
EIN: 812205838 · Bethel, ME · NTEE: G12
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $87K |
| Net Assets | $89K |
Is Team Hailey Hugs Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Team Hailey Hugs
Team Hailey Hugs (EIN: 812205838) is a nonprofit organization based in Bethel, ME, classified under NTEE code G12. The organization reported total revenue of $85K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Team Hailey Hugs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Team Hailey Hugs is a micro nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 14.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $87K |
| Surplus / Deficit | +$7K |
| Total Assets | $89K |
| Net Assets | $89K |
| Operating Margin | 7.2% |
| Months of Reserves | 12.3 months |
Financial Health Grade: A
In 2023, Team Hailey Hugs reported a surplus of $7K with revenue exceeding expenses, holds 12.3 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Team Hailey Hugs's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.1% | +12.3% | +8.3% |
| 2022 | +56.8% | +193.8% | -4.3% |
| 2021 | -39.1% | -41.6% | +31.6% |
| 2020 | +42.6% | +18.6% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Team Hailey Hugs 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 Team Hailey Hugs 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.
Frequently Asked Questions about Team Hailey Hugs
Is Team Hailey Hugs a legitimate charity?
Based on AI analysis of IRS 990 filings, Team Hailey Hugs (EIN: 812205838) insufficient data. 0 red flags identified, 0 strengths noted.
How does Team Hailey Hugs spend its money?
Detailed spending breakdown data is not yet available for Team Hailey Hugs. Check back for updated IRS 990 analysis.
Are donations to Team Hailey Hugs tax-deductible?
Team Hailey Hugs is registered as a tax-exempt nonprofit (EIN: 812205838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Team Hailey Hugs located?
Team Hailey Hugs is headquartered in Bethel, Maine and files with the IRS under EIN 812205838. It is classified under NTEE code G12.
How many years of IRS 990 filings does Team Hailey Hugs have?
Team Hailey Hugs has 5 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 $85K in total revenue.
Filing History
IRS 990 filing history for Team Hailey Hugs showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Team Hailey Hugs's revenue has grown by 73%, moving from $54K to $94K. Total assets increased by 48% over the same period, from $60K to $89K. Total functional expenses rose by 128.3%, from $38K to $87K. In its most recent filing year (2023), Team Hailey Hugs reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $87K | $89K | $0 | — | — |
| 2022 | $74K | $77K | $82K | $0 | — | View 990 |
| 2021 | $47K | $26K | $86K | $0 | — | View 990 |
| 2020 | $77K | $45K | $65K | $0 | — | — |
| 2019 | $54K | $38K | $60K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $87K, and assets of $89K (revenue +27.1% year-over-year).
- 2022: Revenue of $74K, expenses of $77K, and assets of $82K (revenue +56.8% year-over-year).
- 2021: Revenue of $47K, expenses of $26K, and assets of $86K (revenue -39.1% year-over-year).
- 2020: Revenue of $77K, expenses of $45K, and assets of $65K (revenue +42.6% year-over-year).
- 2019: Revenue of $54K, expenses of $38K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Team Hailey Hugs:
Data Sources and Methodology
This transparency report for Team Hailey Hugs 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.