Is Hunter Foundation Inc Legit?

Quick charity verification for Hunter Foundation Inc (EIN: 141798918)

Verdict: Hunter Foundation Inc appears trustworthy

75/100Mission Score

$2.4MRevenue

$10.1MAssets

3Red Flags

3Strengths

Red Flags

Significant operating deficit in 2023 ($976,756 revenue vs. $1,984,369 expenses)
High liabilities relative to assets, suggesting potential encumbrances or restricted funds (e.g., $9,757,028 liabilities vs. $10,793,703 assets in 2023)
Inconsistent revenue generation compared to expenses over recent years

Strengths

Consistent 0% officer compensation across all filings, indicating high administrative efficiency regarding executive pay.
Strong asset base, consistently over $10 million in recent years, providing a foundation for operations.
Long operational history with 13 filings, suggesting organizational stability and experience.

Spending Breakdown

How Hunter Foundation Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Hunter Foundation Inc

Is Hunter Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hunter Foundation Inc (EIN: 141798918) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Hunter Foundation Inc a good charity to donate to?

Hunter Foundation Inc has a Mission Score of 75/100. Revenue: $2.4M. Assets: $10.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hunter Foundation Inc?

The Employer Identification Number (EIN) for Hunter Foundation Inc is 141798918. 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 Hunter Foundation Inc spend its money?

Hunter Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hunter Foundation Inc's tax-exempt status?

You can verify Hunter Foundation Inc's tax-exempt status using EIN 141798918 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 Hunter Foundation Inc. demonstrates a consistent operational history with 13 filings, indicating a stable presence. Financially, the organization has experienced fluctuations in revenue and expenses over the past few years. For instance, in 2023, revenue was $976,756 against expenses of $1,984,369, resulting in a significant deficit. This contrasts with 2022, where revenue of $1,906,208 exceeded expenses of $1,582,393. The organization's assets have generally remained robust, hovering around the $10-12 million mark, with liabilities often closely tracking assets, suggesting a reliance on debt or restricted funds. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency and operational model, indicating that top leadership is not drawing a salary from the organization, which can be a positive sign for donor confidence regarding administrative efficiency.

However, the recent substantial deficit in 2023, where expenses were more than double the revenue, warrants closer examination. While assets remain strong at $10,793,703, the high liabilities of $9,757,028 in the same period suggest that a large portion of these assets may be encumbered. The NTEE code S31 (Community Foundations) typically implies grant-making or community support, and understanding how these funds are utilized is crucial. The lack of officer compensation is a strong point for efficiency, but the overall financial sustainability needs to be monitored given the recent negative operating margin.

Overall, the Hunter Foundation Inc. appears to be a transparent organization regarding executive compensation. Its financial health shows resilience through substantial assets, but recent operational deficits and high liabilities indicate potential challenges in maintaining long-term financial stability without addressing the revenue-expense gap. Further analysis into the nature of its liabilities and the specific programs funded would provide a more complete picture of its spending efficiency and impact.

View Full Transparency Report →

Disclaimer

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