Claire M Hubbard Foundation
Claire M Hubbard Foundation consistently reports zero officer compensation and maintains strong asset growth.
EIN: 202364902 · Omaha, NE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.7M |
| Total Expenses | $5.0M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $30.3M |
| Transparency Score | 90/100 |
Is Claire M Hubbard Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Claire M Hubbard Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Claire M Hubbard Foundation
Claire M Hubbard Foundation (EIN: 202364902) is a nonprofit organization based in Omaha, NE, classified under NTEE code T22. The organization reported total revenue of $20.7M and total assets of $26.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Claire M Hubbard Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Claire M Hubbard Foundation is a large nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $5.0M |
| Surplus / Deficit | $-1,211,707 |
| Total Assets | $30.3M |
| Total Liabilities | $1 |
| Net Assets | $30.3M |
| Operating Margin | -32.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 73.4 months |
Financial Health Grade: B
In 2023, Claire M Hubbard Foundation reported a deficit of $1.2M with expenses exceeding revenue, holds 73.4 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), Claire M Hubbard Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.1% | -18.4% | -3.8% |
| 2022 | -87.5% | -35.7% | -8.4% |
| 2021 | +971.2% | +37.9% | +47.6% |
| 2020 | +33.0% | +203.0% | -11.2% |
| 2019 | -30.3% | +10.4% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Claire M Hubbard Foundation 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, Claire M Hubbard Foundation 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 deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of its size with assets exceeding $30 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.
Strengths
The following positive indicators were identified for Claire M Hubbard Foundation:
- Consistent zero officer compensation, indicating high efficiency.
- Strong asset growth from $15.8M in 2011 to $30.3M in 2023.
- Minimal liabilities, often reported as $0 or $1, suggesting low financial risk.
- Clear focus on grantmaking as per NTEE code T22.
Frequently Asked Questions about Claire M Hubbard Foundation
Is Claire M Hubbard Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Claire M Hubbard Foundation (EIN: 202364902) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Claire M Hubbard Foundation spend its money?
Claire M Hubbard Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Claire M Hubbard Foundation tax-deductible?
Claire M Hubbard Foundation is registered as a tax-exempt nonprofit (EIN: 202364902). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Claire M Hubbard Foundation CEO make?
Claire M Hubbard Foundation's highest-compensated officer earns $30 annually. The organization reported $20.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Claire M Hubbard Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Claire M Hubbard Foundation 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 Claire M Hubbard Foundation located?
Claire M Hubbard Foundation is headquartered in Omaha, Nebraska and files with the IRS under EIN 202364902. It is classified under NTEE code T22.
How many years of IRS 990 filings does Claire M Hubbard Foundation have?
Claire M Hubbard 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 $20.7M in total revenue.
Is the Claire M Hubbard Foundation a good charity?
Based on the provided data, the Claire M Hubbard Foundation appears to be a very good charity, particularly due to its consistent reporting of zero officer compensation and strong asset growth, indicating efficient use of funds for its grantmaking mission.
How has the foundation's financial health changed over time?
The foundation's financial health has generally strengthened, with assets growing from $15,899,452 in 2011 to $30,329,601 in 2023, despite fluctuations in annual revenue and expenses typical for a grantmaking entity.
What is the foundation's approach to executive compensation?
The foundation's approach to executive compensation is highly efficient, as it consistently reports $0 for officer compensation across all available IRS 990 filings.
Filing History
IRS 990 filing history for Claire M Hubbard Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Claire M Hubbard Foundation's revenue has grown by 369.2%, moving from $798K to $3.7M. Total assets increased by 90.8% over the same period, from $15.9M to $30.3M. Total functional expenses rose by 1636.7%, from $285K to $5.0M. In its most recent filing year (2023), Claire M Hubbard Foundation reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1 in liabilities against $30.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $30.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $5.0M | $30.3M | $1 | — | View 990 |
| 2022 | $3.2M | $6.1M | $31.5M | $1 | — | View 990 |
| 2021 | $25.3M | $9.5M | $34.4M | $1 | — | View 990 |
| 2020 | $2.4M | $6.9M | $23.3M | $1 | — | View 990 |
| 2019 | $1.8M | $2.3M | $26.3M | $0 | — | View 990 |
| 2015 | $2.5M | $2.0M | $24.1M | $0 | — | View 990 |
| 2014 | $2.6M | $759K | $23.1M | $0 | — | View 990 |
| 2013 | $2.6M | $878K | $20.8M | $0 | — | View 990 |
| 2012 | $2.5M | $957K | $18.8M | $0 | — | View 990 |
| 2011 | $798K | $285K | $15.9M | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $5.0M, and assets of $30.3M (revenue +18.1% year-over-year).
- 2022: Revenue of $3.2M, expenses of $6.1M, and assets of $31.5M (revenue -87.5% year-over-year).
- 2021: Revenue of $25.3M, expenses of $9.5M, and assets of $34.4M (revenue +971.2% year-over-year).
- 2020: Revenue of $2.4M, expenses of $6.9M, and assets of $23.3M (revenue +33.0% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.3M, and assets of $26.3M (revenue -30.3% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.0M, and assets of $24.1M (revenue -2.0% year-over-year).
- 2014: Revenue of $2.6M, expenses of $759K, and assets of $23.1M (revenue +0.9% year-over-year).
- 2013: Revenue of $2.6M, expenses of $878K, and assets of $20.8M (revenue +1.3% year-over-year).
- 2012: Revenue of $2.5M, expenses of $957K, and assets of $18.8M (revenue +218.8% year-over-year).
- 2011: Revenue of $798K, expenses of $285K, and assets of $15.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Claire M Hubbard Foundation:
Data Sources and Methodology
This transparency report for Claire M Hubbard 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.