Thronateeska Heritage Foundation Inc
EIN: 581198471 · Albany, GA · NTEE: A500
| Metric | Value |
|---|---|
| Total Revenue | $762K |
| Total Expenses | $786K |
| Net Assets | $7.7M |
Is Thronateeska Heritage Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thronateeska Heritage Foundation Inc
Thronateeska Heritage Foundation Inc (EIN: 581198471) is a nonprofit organization based in Albany, GA, classified under NTEE code A500. The organization reported total revenue of $762K and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thronateeska Heritage Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thronateeska Heritage Foundation Inc is a small nonprofit that has been operating for 50 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $685K |
| Total Expenses | $786K |
| Surplus / Deficit | $-100,990 |
| Total Assets | $7.9M |
| Total Liabilities | $145K |
| Net Assets | $7.7M |
| Operating Margin | -14.7% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 120.1 months |
Financial Health Grade: B
In 2023, Thronateeska Heritage Foundation Inc reported a deficit of $101K with expenses exceeding revenue, holds 120.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Thronateeska Heritage Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | -2.6% | -1.6% |
| 2022 | -0.5% | +2.4% | -8.1% |
| 2021 | +4.5% | +5.9% | -0.2% |
| 2020 | -17.8% | +7.7% | -2.0% |
| 2019 | +30.4% | +3.0% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thronateeska Heritage Foundation 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 Thronateeska Heritage Foundation 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 deficit of $101K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Thronateeska Heritage Foundation Inc
Is Thronateeska Heritage Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Thronateeska Heritage Foundation Inc (EIN: 581198471) insufficient data. 0 red flags identified, 0 strengths noted.
How does Thronateeska Heritage Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Thronateeska Heritage Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Thronateeska Heritage Foundation Inc tax-deductible?
Thronateeska Heritage Foundation Inc is registered as a tax-exempt nonprofit (EIN: 581198471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thronateeska Heritage Foundation Inc located?
Thronateeska Heritage Foundation Inc is headquartered in Albany, Georgia and files with the IRS under EIN 581198471. It is classified under NTEE code A500.
How many years of IRS 990 filings does Thronateeska Heritage Foundation Inc have?
Thronateeska Heritage Foundation Inc has 12 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 $762K in total revenue.
Filing History
IRS 990 filing history for Thronateeska Heritage Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Thronateeska Heritage Foundation Inc's revenue has declined by 10.8%, moving from $768K to $685K. Total assets increased by 6.5% over the same period, from $7.4M to $7.9M. Total functional expenses rose by 33.7%, from $588K to $786K. In its most recent filing year (2023), Thronateeska Heritage Foundation Inc reported a deficit of $101K, with expenses exceeding revenue. The organization holds $145K in liabilities against $7.9M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $685K | $786K | $7.9M | $145K | — | — |
| 2022 | $604K | $807K | $8.0M | $160K | — | View 990 |
| 2021 | $607K | $788K | $8.7M | $180K | — | — |
| 2020 | $580K | $744K | $8.7M | $245K | — | View 990 |
| 2019 | $706K | $691K | $8.9M | $289K | — | View 990 |
| 2018 | $541K | $670K | $8.8M | $243K | — | View 990 |
| 2017 | $467K | $680K | $9.0M | $270K | — | — |
| 2016 | $510K | $774K | $9.2M | $293K | — | View 990 |
| 2015 | $649K | $780K | $9.6M | $334K | — | View 990 |
| 2014 | $1.7M | $643K | $9.7M | $337K | — | View 990 |
| 2013 | $1.5M | $629K | $8.7M | $462K | — | View 990 |
| 2012 | $768K | $588K | $7.4M | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $685K, expenses of $786K, and assets of $7.9M (revenue +13.4% year-over-year).
- 2022: Revenue of $604K, expenses of $807K, and assets of $8.0M (revenue -0.5% year-over-year).
- 2021: Revenue of $607K, expenses of $788K, and assets of $8.7M (revenue +4.5% year-over-year).
- 2020: Revenue of $580K, expenses of $744K, and assets of $8.7M (revenue -17.8% year-over-year).
- 2019: Revenue of $706K, expenses of $691K, and assets of $8.9M (revenue +30.4% year-over-year).
- 2018: Revenue of $541K, expenses of $670K, and assets of $8.8M (revenue +16.0% year-over-year).
- 2017: Revenue of $467K, expenses of $680K, and assets of $9.0M (revenue -8.6% year-over-year).
- 2016: Revenue of $510K, expenses of $774K, and assets of $9.2M (revenue -21.3% year-over-year).
- 2015: Revenue of $649K, expenses of $780K, and assets of $9.6M (revenue -62.8% year-over-year).
- 2014: Revenue of $1.7M, expenses of $643K, and assets of $9.7M (revenue +17.8% year-over-year).
- 2013: Revenue of $1.5M, expenses of $629K, and assets of $8.7M (revenue +93.0% year-over-year).
- 2012: Revenue of $768K, expenses of $588K, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thronateeska Heritage Foundation Inc:
Data Sources and Methodology
This transparency report for Thronateeska Heritage Foundation 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.