Charles Evans Hughes Memorial Fdn Inc
Charles Evans Hughes Memorial Fdn Inc maintains strong asset growth and low liabilities with no reported officer compensation.
EIN: 136159445 · Longmont, CO · Updated: 2026-03-28
Is Charles Evans Hughes Memorial Fdn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charles Evans Hughes Memorial Fdn Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charles Evans Hughes Memorial Fdn Inc
Charles Evans Hughes Memorial Fdn Inc (EIN: 136159445) is a nonprofit organization based in Longmont, CO. The organization reported total revenue of $2.6M and total assets of $16.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles Evans Hughes Memorial Fdn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles Evans Hughes Memorial Fdn Inc is a mid-size nonprofit that has been operating for 63 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $808K |
| Surplus / Deficit | +$433K |
| Total Assets | $16.7M |
| Total Liabilities | $8K |
| Net Assets | $16.6M |
| Operating Margin | 34.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 247.4 months |
Financial Health Grade: A
In 2021, Charles Evans Hughes Memorial Fdn Inc reported a surplus of $433K with revenue exceeding expenses, holds 247.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Charles Evans Hughes Memorial Fdn Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +158.9% | -10.8% | +6.7% |
| 2020 | -56.8% | -3.2% | +7.4% |
| 2019 | +42.8% | -9.3% | +3.6% |
| 2015 | -28.1% | -3.0% | -7.7% |
| 2014 | -6.7% | +2.5% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 Charles Evans Hughes Memorial Fdn Inc 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, Charles Evans Hughes Memorial Fdn Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $433K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer channels, which is highly unusual for an organization with assets exceeding $16 million.
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 Charles Evans Hughes Memorial Fdn Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unclear how an organization with $16M+ in assets operates with 0% reported officer compensation
Strengths
The following positive indicators were identified for Charles Evans Hughes Memorial Fdn Inc:
- Strong and growing asset base, reaching $16.6 million in 2021
- Consistently low liabilities, indicating strong financial health and minimal debt
- Positive net income in recent years, demonstrating financial sustainability (e.g., $433,373 in 2021)
- No reported officer compensation, suggesting high efficiency or volunteer leadership
Frequently Asked Questions about Charles Evans Hughes Memorial Fdn Inc
Is Charles Evans Hughes Memorial Fdn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles Evans Hughes Memorial Fdn Inc (EIN: 136159445) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Charles Evans Hughes Memorial Fdn Inc spend its money?
Charles Evans Hughes Memorial Fdn Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Charles Evans Hughes Memorial Fdn Inc tax-deductible?
Charles Evans Hughes Memorial Fdn Inc is registered as a tax-exempt nonprofit (EIN: 136159445). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the foundation manage to operate without reporting officer compensation?
The IRS 990 filings consistently show 0% officer compensation, which could indicate that the foundation's leadership is entirely volunteer-based, or that compensation is structured in a way that it is not reported under 'officer compensation' on the 990 form. Further investigation into their operational structure would be needed to clarify this.
What are the primary sources of the foundation's revenue fluctuations?
Revenue has varied significantly, from $479,445 in 2020 to $1,241,140 in 2021. This could be due to reliance on investment income, which can be volatile, or inconsistent grant cycles and donations. Without more detailed financial statements, the exact causes are unclear.
What specific programs does the Charles Evans Hughes Memorial Fdn Inc support?
The provided data does not specify the programs or activities the foundation funds. To understand its programmatic impact, one would need to review the organization's mission statement, website, or other public disclosures.
Filing History
IRS 990 filing history for Charles Evans Hughes Memorial Fdn Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Charles Evans Hughes Memorial Fdn Inc's revenue has grown by 56.1%, moving from $795K to $1.2M. Total assets increased by 15.8% over the same period, from $14.4M to $16.7M. Total functional expenses fell by 26.6%, from $1.1M to $808K. In its most recent filing year (2021), Charles Evans Hughes Memorial Fdn Inc reported a surplus of $433K, with revenue exceeding expenses. The organization holds $8K in liabilities against $16.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1.2M | $808K | $16.7M | $8K | — | — |
| 2020 | $479K | $906K | $15.6M | $4K | — | — |
| 2019 | $1.1M | $936K | $14.5M | $20K | — | View 990 |
| 2015 | $777K | $1.0M | $14.0M | $16K | — | View 990 |
| 2014 | $1.1M | $1.1M | $15.2M | $12K | — | View 990 |
| 2013 | $1.2M | $1.0M | $15.6M | $5K | — | View 990 |
| 2012 | $869K | $1.1M | $14.6M | $5K | — | View 990 |
| 2011 | $795K | $1.1M | $14.4M | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1.2M, expenses of $808K, and assets of $16.7M (revenue +158.9% year-over-year).
- 2020: Revenue of $479K, expenses of $906K, and assets of $15.6M (revenue -56.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $936K, and assets of $14.5M (revenue +42.8% year-over-year).
- 2015: Revenue of $777K, expenses of $1.0M, and assets of $14.0M (revenue -28.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $15.2M (revenue -6.7% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.0M, and assets of $15.6M (revenue +33.3% year-over-year).
- 2012: Revenue of $869K, expenses of $1.1M, and assets of $14.6M (revenue +9.4% year-over-year).
- 2011: Revenue of $795K, expenses of $1.1M, and assets of $14.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles Evans Hughes Memorial Fdn Inc:
Data Sources and Methodology
This transparency report for Charles Evans Hughes Memorial Fdn 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.