Chad And Patti Hagwood Foundation
EIN: 880595075 · Birmingham, AL · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $257K |
| Total Expenses | $31K |
| Net Assets | $327K |
Search Intent Cockpit
Chad And Patti Hagwood Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Chad And Patti Hagwood Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Chad And Patti Hagwood Foundation in one place.
Form 990 Filing Summary
2 filing years are available, with latest revenue of $129K and expenses of $31K.
Revenue and Expenses
Chad And Patti Hagwood Foundation reported $129K in revenue and $31K in expenses, a surplus of $99K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Chad And Patti Hagwood Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Chad And Patti Hagwood Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Limited filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 2 stored filing years |
| Peer context | Compare with Association Of Tourist Railroads And Railway Museums Inc | Alabama and Philanthropy context |
Trust Check
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About Chad And Patti Hagwood Foundation
Chad And Patti Hagwood Foundation (EIN: 880595075) is a nonprofit organization based in Birmingham, AL, classified under NTEE code T22. The organization reported total revenue of $257K and total assets of $497K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chad And Patti Hagwood Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chad And Patti Hagwood Foundation is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -43.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $31K |
| Surplus / Deficit | +$99K |
| Total Assets | $327K |
| Total Liabilities | $1 |
| Net Assets | $327K |
| Operating Margin | 76.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 126.9 months |
Financial Health Grade: A
In 2023, Chad And Patti Hagwood Foundation reported a surplus of $99K with revenue exceeding expenses, holds 126.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Chad And Patti Hagwood Foundation's revenue has declined at a compound annual growth rate (CAGR) of -43.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.6% | +3641.2% | +43.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chad And Patti Hagwood Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chad And Patti Hagwood Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $99K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Chad And Patti Hagwood Foundation
Is Chad And Patti Hagwood Foundation a legitimate charity?
Chad And Patti Hagwood Foundation (EIN: 880595075) is a registered tax-exempt nonprofit based in Alabama. It has 2 years of IRS 990 filings on record. Total revenue: $257K. No red flags identified. Financial health grade: A.
How does Chad And Patti Hagwood Foundation spend its money?
Chad And Patti Hagwood Foundation reported $257K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chad And Patti Hagwood Foundation tax-deductible?
Chad And Patti Hagwood Foundation is registered as a tax-exempt nonprofit (EIN: 880595075). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chad And Patti Hagwood Foundation located?
Chad And Patti Hagwood Foundation is headquartered in Birmingham, Alabama and files with the IRS under EIN 880595075. It is classified under NTEE code T22.
How many years of IRS 990 filings does Chad And Patti Hagwood Foundation have?
Chad And Patti Hagwood Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $257K in total revenue.
Filing History
IRS 990 filing history for Chad And Patti Hagwood Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Chad And Patti Hagwood Foundation's revenue has declined by 43.6%, moving from $230K to $129K. Total assets increased by 43.1% over the same period, from $229K to $327K. Total functional expenses rose by 3641.2%, from $827 to $31K. In its most recent filing year (2023), Chad And Patti Hagwood Foundation reported a surplus of $99K, with revenue exceeding expenses. The organization holds $1 in liabilities against $327K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $327K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $31K | $327K | $1 | — | View 990 |
| 2022 | $230K | $827 | $229K | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chad And Patti Hagwood Foundation:
Data Sources and Methodology
This transparency report for Chad And Patti Hagwood 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.