Cecil R And Edna S Hopkins Family Foundation
Cecil R And Edna S Hopkins Family Foundation maintains stable assets with no reported officer compensation.
EIN: 201350070 · Glen Allen, VA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $157K |
| Program Spending | 90% |
| Net Assets | $2.5M |
| Transparency Score | 85/100 |
Is Cecil R And Edna S Hopkins Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cecil R And Edna S Hopkins Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cecil R And Edna S Hopkins Family Foundation
Cecil R And Edna S Hopkins Family Foundation (EIN: 201350070) is a nonprofit organization based in Glen Allen, VA, classified under NTEE code T20. The organization reported total revenue of $1.2M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cecil R And Edna S Hopkins Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cecil R And Edna S Hopkins Family Foundation 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 -4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $157K |
| Surplus / Deficit | +$12K |
| Total Assets | $2.5M |
| Total Liabilities | $1 |
| Net Assets | $2.5M |
| Operating Margin | 7.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 192.5 months |
Financial Health Grade: A
In 2023, Cecil R And Edna S Hopkins Family Foundation reported a surplus of $12K with revenue exceeding expenses, holds 192.5 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), Cecil R And Edna S Hopkins Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.6% | -45.0% | +0.6% |
| 2022 | -79.5% | -25.8% | -6.7% |
| 2020 | -159.5% | -12.2% | -9.4% |
| 2019 | -56.4% | +10.7% | +27.9% |
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 Cecil R And Edna S Hopkins Family Foundation with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Cecil R And Edna S Hopkins Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $12K, 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 executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for resource allocation.
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.
Red Flags
The following concerns were identified during AI analysis of Cecil R And Edna S Hopkins Family Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue in 2020, could indicate reliance on unpredictable investment returns or large, infrequent donations.
Strengths
The following positive indicators were identified for Cecil R And Edna S Hopkins Family Foundation:
- Consistent asset growth from $1,626,990 in 2011 to $2,513,808 in 2023, indicating strong financial stewardship.
- Zero reported officer compensation across all filings, demonstrating a highly efficient and volunteer-driven leadership structure.
- Extremely low liabilities ($1 in recent years), indicating excellent financial health and minimal debt burden.
- Stable expense management despite revenue fluctuations, suggesting fiscal discipline.
Frequently Asked Questions about Cecil R And Edna S Hopkins Family Foundation
Is Cecil R And Edna S Hopkins Family Foundation a legitimate charity?
Cecil R And Edna S Hopkins Family Foundation (EIN: 201350070) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Cecil R And Edna S Hopkins Family Foundation spend its money?
Cecil R And Edna S Hopkins Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Cecil R And Edna S Hopkins Family Foundation tax-deductible?
Cecil R And Edna S Hopkins Family Foundation is registered as a tax-exempt nonprofit (EIN: 201350070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Cecil R And Edna S Hopkins Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cecil R And Edna S Hopkins Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cecil R And Edna S Hopkins Family Foundation located?
Cecil R And Edna S Hopkins Family Foundation is headquartered in Glen Allen, Virginia and files with the IRS under EIN 201350070. It is classified under NTEE code T20.
How many years of IRS 990 filings does Cecil R And Edna S Hopkins Family Foundation have?
Cecil R And Edna S Hopkins Family Foundation 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 $1.2M in total revenue.
What is the primary purpose of the Cecil R And Edna S Hopkins Family Foundation?
Based on the NTEE code T20 (Philanthropy, Voluntarism & Grantmaking Foundations), the foundation likely engages in grantmaking to support various charitable causes, though specific program details are not available in the provided financial data.
How does the foundation manage its expenses given fluctuating revenues?
Despite significant revenue fluctuations, such as a drop to $-83,176 in 2020 and a peak of $515,003 in 2021, the foundation has maintained relatively stable expense levels, ranging from $118,489 to $383,863, suggesting prudent financial management to avoid overspending during lean years.
Is the foundation financially sustainable in the long term?
With growing assets from $1,626,990 in 2011 to $2,513,808 in 2023 and minimal liabilities, the foundation appears financially sustainable, relying on its endowment and investment returns to support its operations and grantmaking.
Filing History
IRS 990 filing history for Cecil R And Edna S Hopkins Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cecil R And Edna S Hopkins Family Foundation's revenue has declined by 42.3%, moving from $292K to $168K. Total assets increased by 54.5% over the same period, from $1.6M to $2.5M. Total functional expenses rose by 32.2%, from $118K to $157K. In its most recent filing year (2023), Cecil R And Edna S Hopkins Family Foundation reported a surplus of $12K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $157K | $2.5M | $1 | — | View 990 |
| 2022 | $106K | $285K | $2.5M | $1 | — | View 990 |
| 2021 | $515K | $384K | $2.7M | $1 | — | View 990 |
| 2020 | $-83,176 | $181K | $2.5M | $1 | — | — |
| 2019 | $140K | $207K | $2.8M | $1 | — | View 990 |
| 2015 | $321K | $187K | $2.2M | $1 | — | View 990 |
| 2014 | $334K | $141K | $2.1M | $1 | — | View 990 |
| 2013 | $329K | $176K | $1.9M | $0 | — | View 990 |
| 2012 | $261K | $168K | $1.7M | $0 | — | View 990 |
| 2011 | $292K | $118K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $157K, and assets of $2.5M (revenue +59.6% year-over-year).
- 2022: Revenue of $106K, expenses of $285K, and assets of $2.5M (revenue -79.5% year-over-year).
- 2021: Revenue of $515K, expenses of $384K, and assets of $2.7M.
- 2020: Revenue of $-83,176, expenses of $181K, and assets of $2.5M (revenue -159.5% year-over-year).
- 2019: Revenue of $140K, expenses of $207K, and assets of $2.8M (revenue -56.4% year-over-year).
- 2015: Revenue of $321K, expenses of $187K, and assets of $2.2M (revenue -4.1% year-over-year).
- 2014: Revenue of $334K, expenses of $141K, and assets of $2.1M (revenue +1.7% year-over-year).
- 2013: Revenue of $329K, expenses of $176K, and assets of $1.9M (revenue +26.0% year-over-year).
- 2012: Revenue of $261K, expenses of $168K, and assets of $1.7M (revenue -10.6% year-over-year).
- 2011: Revenue of $292K, expenses of $118K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cecil R And Edna S Hopkins Family Foundation:
Data Sources and Methodology
This transparency report for Cecil R And Edna S Hopkins Family Foundation 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.