Quick charity verification for Hillenbrand Family Foundation (EIN: 134050660)
Verdict: Hillenbrand Family Foundation appears trustworthy
85/100Mission Score
$176KRevenue
$43KAssets
1Red Flags
4Strengths
Red Flags
Consistent decline in assets over the past decade, from $2.2M in 2011 to $56K in 2023, indicating a potential winding down or significant distribution of principal.
Strengths
Consistent 0% officer compensation, indicating high efficiency and dedication of resources to the mission.
Low liabilities (often $0 or $1) across all reported periods, suggesting sound financial management.
Clear and consistent IRS 990 filing history, demonstrating strong transparency.
Expenses frequently exceeding revenue, indicating active distribution of funds rather than accumulation.
Spending Breakdown
How Hillenbrand Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Hillenbrand Family Foundation
Is Hillenbrand Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hillenbrand Family Foundation (EIN: 134050660) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Hillenbrand Family Foundation a good charity to donate to?
Hillenbrand Family Foundation has a Mission Score of 85/100. Revenue: $176K. Assets: $43K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hillenbrand Family Foundation?
The Employer Identification Number (EIN) for Hillenbrand Family Foundation is 134050660. 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 Hillenbrand Family Foundation spend its money?
Hillenbrand Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hillenbrand Family Foundation's tax-exempt status?
You can verify Hillenbrand Family Foundation's tax-exempt status using EIN 134050660 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 Hillenbrand Family Foundation demonstrates consistent financial transparency, with readily available IRS 990 filings over the past decade. As a private foundation (NTEE T20), its primary function is grantmaking, which is reflected in its spending patterns. The foundation has experienced a notable decline in assets over the past decade, from a peak of $2,247,790 in 2011 to $56,902 in 2023, indicating a strategy of distributing its corpus rather than growing it. Expenses have generally exceeded revenue in most recent periods, further supporting this distribution model. For example, in 2023, expenses were $136,500 against revenues of $118,559.
Spending efficiency, in the context of a private foundation, is largely measured by the proportion of expenses dedicated to grants (programs) versus administrative costs. Given that officer compensation has consistently been reported as 0%, this suggests a lean operational structure. While specific program spending percentages are not explicitly detailed in the provided summary, the absence of officer compensation is a positive indicator of efficiency. The consistent reporting of minimal liabilities (often $1 or $0) also points to sound financial management and a lack of significant debt.
Overall, the foundation appears to be fulfilling its purpose of distributing funds, as evidenced by the decreasing asset base and consistent grantmaking activity (implied by expenses exceeding revenue). Its transparency is high due to the availability of filings and clear reporting of key financial metrics. The lack of executive compensation is a significant strength in terms of spending efficiency.