Quick charity verification for Hoyt Foundation Inc (EIN: 222940515)
Verdict: Hoyt Foundation Inc shows mixed signals
65/100Mission Score
$923KRevenue
$989KAssets
4Red Flags
2Strengths
Red Flags
Total assets have consistently declined from $1,263,365 in 2017 to $902,144 in 2023.
Administrative expenses appear disproportionately high compared to program spending, with total expenses of $362,029 in 2023 and only 5% allocated to programs.
Revenue has been highly inconsistent, with a significant drop from $494,509 in 2016 to $95,211 in 2021, followed by a rebound to $357,230 in 2023, indicating potential instability.
The 'c0%' for compensation across all years suggests either volunteer leadership or a lack of detailed reporting on executive compensation, which warrants further investigation.
Strengths
The organization has maintained a consistent legal status and has been operating for several years, indicating longevity.
Despite financial fluctuations, the organization has managed to sustain operations and maintain some level of assets.
AI Transparency Report
Hoyt Foundation Inc is a human services nonprofit based in Sturbridge, Massachusetts, with reported revenue of $923K and assets of $989K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 5% of spending goes to programs, 90% to administration, and 5% to fundraising. Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely indicates no reported compensation for key employees, which could be a red flag for transparency or an indication of volunteer leadership. Revenue has grown +108% across 13 filing periods.