Benno And Elayne Hurwitz Family Foundation Inc
Benno And Elayne Hurwitz Family Foundation maintains strong assets and no officer compensation over a decade.
EIN: 201646666 · Baltimore, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $376K |
| Program Spending | 95% |
| Net Assets | $5.9M |
| Transparency Score | 90/100 |
Is Benno And Elayne Hurwitz Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Benno And Elayne Hurwitz Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Benno And Elayne Hurwitz Family Foundation Inc
Benno And Elayne Hurwitz Family Foundation Inc (EIN: 201646666) is a nonprofit organization based in Baltimore, MD, classified under NTEE code T22. The organization reported total revenue of $2.3M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Benno And Elayne Hurwitz Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Benno And Elayne Hurwitz Family Foundation Inc is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $879K |
| Total Expenses | $376K |
| Surplus / Deficit | +$503K |
| Total Assets | $5.9M |
| Total Liabilities | $1 |
| Net Assets | $5.9M |
| Operating Margin | 57.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 187.6 months |
Financial Health Grade: A
In 2023, Benno And Elayne Hurwitz Family Foundation Inc reported a surplus of $503K with revenue exceeding expenses, holds 187.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Benno And Elayne Hurwitz Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +709.7% | -81.2% | +9.4% |
| 2022 | -89.8% | +325.7% | -26.0% |
| 2021 | +3.8% | +10.7% | +9.0% |
| 2020 | +9.5% | +32.4% | +10.0% |
| 2019 | +27.8% | -10.9% | +19.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Benno And Elayne Hurwitz Family Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Benno And Elayne Hurwitz Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $503K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives. This suggests a volunteer-led or very lean operational structure, directing more resources towards its charitable purpose.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Benno And Elayne Hurwitz Family Foundation Inc:
- Consistent asset growth from $2.5M in 2011 to $5.8M in 2023.
- 0% officer compensation reported across all filings, indicating efficient use of funds.
- Minimal liabilities reported across all periods, suggesting strong financial management.
- Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
Frequently Asked Questions about Benno And Elayne Hurwitz Family Foundation Inc
Is Benno And Elayne Hurwitz Family Foundation Inc a legitimate charity?
Benno And Elayne Hurwitz Family Foundation Inc (EIN: 201646666) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Benno And Elayne Hurwitz Family Foundation Inc spend its money?
Benno And Elayne Hurwitz Family Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Benno And Elayne Hurwitz Family Foundation Inc tax-deductible?
Benno And Elayne Hurwitz Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201646666). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Benno And Elayne Hurwitz Family Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Benno And Elayne Hurwitz Family Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Benno And Elayne Hurwitz Family Foundation Inc located?
Benno And Elayne Hurwitz Family Foundation Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 201646666. It is classified under NTEE code T22.
How many years of IRS 990 filings does Benno And Elayne Hurwitz Family Foundation Inc have?
Benno And Elayne Hurwitz Family Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.
Is Benno And Elayne Hurwitz Family Foundation Inc a good charity?
Based on the provided data, the foundation appears to be a well-managed private foundation. It has consistently grown its assets, maintained minimal liabilities, and reported no officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has the foundation's asset base changed over time?
The foundation's assets have more than doubled over the past decade, growing from $2,597,514 in 2011 to $5,877,818 in 2023, demonstrating consistent financial growth and stability.
What caused the large expense in 2022?
In 2022, the foundation reported expenses of $2,000,165 against revenue of $108,585. This significant expense likely represents substantial grant disbursements or investment losses, which is typical for a private foundation fulfilling its charitable obligations or managing its portfolio.
Filing History
IRS 990 filing history for Benno And Elayne Hurwitz Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Benno And Elayne Hurwitz Family Foundation Inc's revenue has grown by 5.3%, moving from $835K to $879K. Total assets increased by 126.3% over the same period, from $2.6M to $5.9M. Total functional expenses fell by 13.9%, from $437K to $376K. In its most recent filing year (2023), Benno And Elayne Hurwitz Family Foundation Inc reported a surplus of $503K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $879K | $376K | $5.9M | $1 | — | — |
| 2022 | $109K | $2.0M | $5.4M | $1 | — | View 990 |
| 2021 | $1.1M | $470K | $7.3M | $1 | — | View 990 |
| 2020 | $1.0M | $425K | $6.7M | $1 | — | View 990 |
| 2019 | $940K | $321K | $6.1M | $0 | — | View 990 |
| 2015 | $735K | $360K | $5.1M | $0 | — | View 990 |
| 2014 | $1.1M | $342K | $4.7M | $0 | — | View 990 |
| 2013 | $1.1M | $356K | $3.9M | $0 | — | View 990 |
| 2012 | $963K | $339K | $3.2M | $0 | — | View 990 |
| 2011 | $835K | $437K | $2.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $879K, expenses of $376K, and assets of $5.9M (revenue +709.7% year-over-year).
- 2022: Revenue of $109K, expenses of $2.0M, and assets of $5.4M (revenue -89.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $470K, and assets of $7.3M (revenue +3.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $425K, and assets of $6.7M (revenue +9.5% year-over-year).
- 2019: Revenue of $940K, expenses of $321K, and assets of $6.1M (revenue +27.8% year-over-year).
- 2015: Revenue of $735K, expenses of $360K, and assets of $5.1M (revenue -32.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $342K, and assets of $4.7M (revenue +2.4% year-over-year).
- 2013: Revenue of $1.1M, expenses of $356K, and assets of $3.9M (revenue +10.8% year-over-year).
- 2012: Revenue of $963K, expenses of $339K, and assets of $3.2M (revenue +15.3% year-over-year).
- 2011: Revenue of $835K, expenses of $437K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Benno And Elayne Hurwitz Family Foundation Inc:
Data Sources and Methodology
This transparency report for Benno And Elayne Hurwitz Family Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.