BEducationEIN: 271619759· Ruling Year: 2014

Higher Institute Of Arts And Technology Inc

Merrillville, Indiana

B-Health Score
48B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.01×
Peer Median20.77×
💰
$3.4M
Total Revenue
📊
$3.6M
Total Expenses
🏦
-$30K
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.4%
Year-over-year change (2022 → 2023)
Net Margin
-4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.01
Net assets divided by total expenses
Liabilities-to-Assets
102.5%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$3,397,3872%$3,560,07219%$1,206,67732%
2022$3,319,37232%$2,986,59629%$912,01947%
2021$2,523,1892%$2,317,6466%$620,94824%
2020$2,462,00650%$2,456,52547%$501,4706%
2019$1,643,65719%$1,674,0746%$534,61126%
2018$2,025,289218%$1,777,584114%$721,93411%
2016$637,111$830,152$806,959806859%
2012$0$0$100

Frequently Asked Questions

What does Higher Institute Of Arts And Technology Inc do?

Higher Institute Of Arts And Technology Inc is a education nonprofit organization based in Indiana. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Higher Institute Of Arts And Technology Inc financially healthy?

Based on our 9-metric Financial Health Score model, Higher Institute Of Arts And Technology Inc has a score of 48/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Higher Institute Of Arts And Technology Inc generate?

Higher Institute Of Arts And Technology Inc reports $3.7M in annual revenue and holds $967K in total assets, based on IRS filings.

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