Hba Charitable & Educational Foundation
Only null% goes to programs Strong reserves Declining revenue
Hba Charitable & Educational Foundation is a 501(c)(3) organization based in Bingham Farms, Michigan, registered in 1992, with $34,044 in FY2024 revenue. CharityIndex grades it D.
30400 Telegraph Rd Ste 202, Bingham Farms, MI, 48025 EIN 38-3025307 Since 1992
Revenue (FY2024)
$34K
▼ 2.8% vs prior year
Housing median: $408K
Expenses (FY2024)
$104K
Net assets
$368K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hba Charitable & Educational Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating42 mo reserves · -207% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hba Charitable & Educational Foundation: 42 mo reserves · -207% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hba Charitable & Educational Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hba Charitable & Educational Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 30400 Telegraph Rd Ste 202, Bingham Farms, MI, 48025
- City
- Bingham Farms
- State
- Michigan
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Website
- …
Financial trends
Revenue declined from $430K (FY2018) to $34K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3,000Net assets $368K
Operating margin
-206.6%
Spent more than it raised in the latest fiscal year.
Total assets
$371K
Total liabilities
$3,000
Net assets
$368K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $34,044▼2.8% | $104,367▲47.1% | $367,725▼16.1% | $370,725▼15.9% | 990 |
| 2023 | $35,033▲1.2% | $70,928▼57.2% | $438,048▼7.6% | $441,048▼9.2% | 990 |
| 2022 | $34,609▼49.6% | $165,720▲190% | $473,943▼21.7% | $485,943▼19.8% | 990 |
| 2021 | $68,620▲290% | $57,064▲69.3% | $605,054▲1.9% | $605,576▲2.0% | 990 |
| 2020 | $17,596▼43.8% | $33,700▼49.9% | $593,498▼2.6% | $593,498▼2.6% | 990 |
| 2019 | $31,328▼92.7% | $67,311▲118% | $609,602▼5.6% | $609,602▼6.0% | 990 |
| 2018 | $430,001 | $30,866 | $645,585 | $648,585 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Hba Charitable & Educational Foundation a legitimate nonprofit?
- Yes. Hba Charitable & Educational Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3025307, based in Bingham Farms, Michigan. Donations are tax-deductible.
- What is Hba Charitable & Educational Foundation's EIN?
- Hba Charitable & Educational Foundation's Employer Identification Number (EIN) is 38-3025307.
- How much revenue does Hba Charitable & Educational Foundation report?
- Hba Charitable & Educational Foundation reported $34,044 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hba Charitable & Educational Foundation have?
- CharityIndex grades Hba Charitable & Educational Foundation D, based on financial health (reserves and operating margin).
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Data for Hba Charitable & Educational Foundation (EIN 38-3025307) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.