Is Doris And Martin Hoffman Family Foundation Inc Legit?

Quick charity verification for Doris And Martin Hoffman Family Foundation Inc (EIN: 112661747)

Verdict: Doris And Martin Hoffman Family Foundation Inc shows mixed signals

65/100Mission Score
$63KRevenue
$56KAssets
2Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Doris And Martin Hoffman Family Foundation Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
20%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Doris And Martin Hoffman Family Foundation Inc

Is Doris And Martin Hoffman Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Doris And Martin Hoffman Family Foundation Inc (EIN: 112661747) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.

Is Doris And Martin Hoffman Family Foundation Inc a good charity to donate to?

Doris And Martin Hoffman Family Foundation Inc has a Mission Score of 65/100. Revenue: $63K. Assets: $56K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Doris And Martin Hoffman Family Foundation Inc?

The Employer Identification Number (EIN) for Doris And Martin Hoffman Family Foundation Inc is 112661747. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Doris And Martin Hoffman Family Foundation Inc spend its money?

Doris And Martin Hoffman Family Foundation Inc allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Doris And Martin Hoffman Family Foundation Inc's tax-exempt status?

You can verify Doris And Martin Hoffman Family Foundation Inc's tax-exempt status using EIN 112661747 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Doris And Martin Hoffman Family Foundation Inc. appears to be a small private foundation, as indicated by its consistent, relatively low revenue and expenses over the past decade. The organization's financial health shows a declining trend in assets, from a peak of $233,364 in 2012 to $55,617 currently, and $50,775 in the most recent filing (202404). This suggests the foundation is spending down its principal or experiencing investment losses without significant new contributions. In several recent periods, expenses have exceeded revenue, such as in 202404 where expenses were $53,722 against revenue of $48,657, and in 202204 where expenses were $54,268 against revenue of $32,875, further contributing to asset depletion. Regarding spending efficiency, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all filings is a positive indicator of low administrative overhead related to executive pay. The foundation's transparency is generally good given the availability of its 990 filings, but the lack of detailed expense categories in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. The consistent decline in assets warrants attention for long-term sustainability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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