The Heslin Foundation
The Heslin Foundation consistently spends more than it earns, drawing down assets.
EIN: 133133150 · Alta, WY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $64K |
| Total Expenses | $38K |
| Program Spending | 70% |
| Net Assets | $375K |
| Transparency Score | 45/100 |
Is The Heslin Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Heslin Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Heslin Foundation
The Heslin Foundation (EIN: 133133150) is a nonprofit organization based in Alta, WY. The organization reported total revenue of $64K and total assets of $346K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Heslin Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Heslin Foundation is a micro nonprofit that has been operating for 42 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -32.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $38K |
| Surplus / Deficit | $-36,590 |
| Total Assets | $375K |
| Total Liabilities | $1 |
| Net Assets | $375K |
| Operating Margin | -3302.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 119.4 months |
Financial Health Grade: B
In 2024, The Heslin Foundation reported a deficit of $37K with expenses exceeding revenue, holds 119.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), The Heslin Foundation's revenue has declined at a compound annual growth rate (CAGR) of -32.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -121.8% | +13.7% | -10.1% |
| 2021 | -66.9% | -5.0% | -2.1% |
| 2020 | +480.5% | -9.8% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Heslin Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Heslin Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is commendable for a foundation of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Heslin Foundation's IRS 990 filings:
- Consistent operating deficits: Expenses frequently and significantly exceed revenue (e.g., 202407: Revenue $1,108, Expenses $37,698).
- Declining asset base: Assets have decreased from $608,311 in 201207 to $374,971 in 202407, indicating reliance on reserves.
- Negative revenue reported in recent periods (e.g., 202307: $-95, 202207: $-6,174), which is highly unusual for a nonprofit.
Strengths
The following positive indicators were identified for The Heslin Foundation:
- No officer compensation reported: Indicates volunteer leadership, potentially reducing administrative overhead.
- Low liabilities: Consistently reports very low or zero liabilities, suggesting good financial management of debt.
- Consistent IRS 990 filing history: Demonstrates commitment to regulatory compliance and transparency in reporting.
Frequently Asked Questions about The Heslin Foundation
Is The Heslin Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Heslin Foundation (EIN: 133133150) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does The Heslin Foundation spend its money?
The Heslin Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Heslin Foundation tax-deductible?
The Heslin Foundation is registered as a tax-exempt nonprofit (EIN: 133133150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Heslin Foundation's spending goes to programs?
The Heslin Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is The Heslin Foundation located?
The Heslin Foundation is headquartered in Alta, Wyoming and files with the IRS under EIN 133133150.
How many years of IRS 990 filings does The Heslin Foundation have?
The Heslin Foundation 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 $64K in total revenue.
Is The Heslin Foundation financially sustainable?
Based on the provided data, The Heslin Foundation is not financially sustainable in its current operational model. It has consistently reported expenses significantly exceeding revenue, leading to a steady decline in its asset base from $608,311 in 201207 to $374,971 in 202407.
What is causing the consistent negative revenue in recent years?
The data shows negative revenue in periods like 202307 ($-95) and 202207 ($-6,174), and very low revenue in 202407 ($1,108). This suggests either a significant decline in donations/grants or potential accounting adjustments, which warrants further investigation into their income sources.
How does the organization cover its expenses with such low revenue?
The organization appears to be covering its expenses by drawing down its accumulated assets. For example, in 202407, with only $1,108 in revenue and $37,698 in expenses, the difference of over $36,000 would have been covered by existing assets, contributing to their decline.
Filing History
IRS 990 filing history for The Heslin Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), The Heslin Foundation's revenue has declined by 99.4%, moving from $181K to $1K. Total assets decreased by 42.9% over the same period, from $656K to $375K. Total functional expenses rose by 23.2%, from $31K to $38K. In its most recent filing year (2024), The Heslin Foundation reported a deficit of $37K, with expenses exceeding revenue. The organization holds $1 in liabilities against $375K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $375K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1K | $38K | $375K | $1 | — | — |
| 2023 | $-95 | $41K | $412K | $1 | — | View 990 |
| 2022 | $-6,174 | $44K | $453K | $1 | — | View 990 |
| 2021 | $28K | $39K | $503K | $1 | — | — |
| 2020 | $86K | $41K | $514K | $1 | — | View 990 |
| 2019 | $15K | $46K | $470K | $0 | — | View 990 |
| 2015 | $47K | $42K | $563K | $0 | — | View 990 |
| 2014 | $15K | $37K | $558K | $0 | — | View 990 |
| 2013 | $8K | $36K | $580K | $0 | — | View 990 |
| 2012 | $995 | $49K | $608K | $0 | — | View 990 |
| 2011 | $181K | $31K | $656K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1K, expenses of $38K, and assets of $375K.
- 2023: Revenue of $-95, expenses of $41K, and assets of $412K.
- 2022: Revenue of $-6,174, expenses of $44K, and assets of $453K (revenue -121.8% year-over-year).
- 2021: Revenue of $28K, expenses of $39K, and assets of $503K (revenue -66.9% year-over-year).
- 2020: Revenue of $86K, expenses of $41K, and assets of $514K (revenue +480.5% year-over-year).
- 2019: Revenue of $15K, expenses of $46K, and assets of $470K (revenue -68.4% year-over-year).
- 2015: Revenue of $47K, expenses of $42K, and assets of $563K (revenue +220.5% year-over-year).
- 2014: Revenue of $15K, expenses of $37K, and assets of $558K (revenue +75.0% year-over-year).
- 2013: Revenue of $8K, expenses of $36K, and assets of $580K (revenue +735.8% year-over-year).
- 2012: Revenue of $995, expenses of $49K, and assets of $608K (revenue -99.4% year-over-year).
- 2011: Revenue of $181K, expenses of $31K, and assets of $656K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Heslin Foundation:
Data Sources and Methodology
This transparency report for The Heslin Foundation 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.