Davenport Hatch Foundation Inc
Davenport Hatch Foundation maintains strong asset base with fluctuating revenue and zero reported officer compensation.
EIN: 166027105 · Rochester, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.7M |
| Total Expenses | $2.6M |
| Program Spending | 90% |
| Net Assets | $39.0M |
| Transparency Score | 95/100 |
Is Davenport Hatch Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Davenport Hatch Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Davenport Hatch Foundation Inc
Davenport Hatch Foundation Inc (EIN: 166027105) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $25.7M and total assets of $39.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Davenport Hatch Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Davenport Hatch Foundation Inc is a large nonprofit that has been operating for 73 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-599,498 |
| Total Assets | $39.0M |
| Total Liabilities | $1 |
| Net Assets | $39.0M |
| Operating Margin | -29.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 176.6 months |
Financial Health Grade: B
In 2024, Davenport Hatch Foundation Inc reported a deficit of $599K with expenses exceeding revenue, holds 176.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Davenport Hatch Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +111.4% | -10.4% | -1.3% |
| 2023 | -69.1% | +10.8% | -4.8% |
| 2022 | -62.7% | +18.5% | +1.1% |
| 2021 | +212.4% | -2.2% | +18.6% |
| 2020 | +83.8% | +5.2% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1953 |
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 Davenport Hatch Foundation Inc with a Mission Score of 95 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, Davenport Hatch Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $599K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Davenport Hatch Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through an unrecorded mechanism, which is highly favorable for program spending efficiency.
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 Davenport Hatch Foundation Inc:
- Consistent zero officer compensation, indicating high efficiency and dedication to mission.
- Strong and stable asset base, consistently above $30 million, providing financial security.
- Minimal liabilities ($0 or $1 across all filings), demonstrating excellent financial management and no debt burden.
- Stable expense levels despite revenue fluctuations, suggesting prudent financial planning and consistent grant-making capacity.
- High potential for program spending due to low overhead and no executive salaries.
Frequently Asked Questions about Davenport Hatch Foundation Inc
Is Davenport Hatch Foundation Inc a legitimate charity?
Davenport Hatch Foundation Inc (EIN: 166027105) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 11 years of IRS 990 filings on record. Total revenue: $25.7M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Davenport Hatch Foundation Inc spend its money?
Davenport Hatch Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Davenport Hatch Foundation Inc tax-deductible?
Davenport Hatch Foundation Inc is registered as a tax-exempt nonprofit (EIN: 166027105). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Davenport Hatch Foundation Inc located?
Davenport Hatch Foundation Inc is headquartered in Rochester, New York and files with the IRS under EIN 166027105.
How many years of IRS 990 filings does Davenport Hatch Foundation Inc have?
Davenport Hatch Foundation Inc has 11 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 $25.7M in total revenue.
Is Davenport Hatch Foundation Inc. a good charity?
Based on the available IRS 990 data, the Davenport Hatch Foundation Inc. appears to be a very good charity. It maintains a strong asset base, consistently reports zero officer compensation, and has minimal liabilities, all of which point to sound financial health and a high dedication to its mission through efficient spending.
How does the foundation manage its expenses given fluctuating revenue?
Despite significant fluctuations in annual revenue (e.g., $968,933 in 2023 vs. $8,412,324 in 2021), the foundation's expenses have remained relatively stable, typically between $2 million and $3 million. This suggests a conservative spending approach, likely drawing from its substantial asset base ($30-40 million) to maintain consistent grant-making and operations, rather than being solely dependent on annual income.
What is the significance of 'Officer Comp=0%'?
The consistent reporting of 'Officer Comp=0%' across all filings is highly significant. It indicates that the organization's leadership is not drawing a salary from the foundation, which directly translates to more funds being available for programmatic activities and administrative support, enhancing the charity's efficiency and impact.
Filing History
IRS 990 filing history for Davenport Hatch Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Davenport Hatch Foundation Inc's revenue has declined by 48.3%, moving from $4.0M to $2.0M. Total assets increased by 21.7% over the same period, from $32.0M to $39.0M. Total functional expenses rose by 42.4%, from $1.9M to $2.6M. In its most recent filing year (2024), Davenport Hatch Foundation Inc reported a deficit of $599K, with expenses exceeding revenue. The organization holds $1 in liabilities against $39.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $39.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.0M | $2.6M | $39.0M | $1 | — | View 990 |
| 2023 | $969K | $3.0M | $39.5M | $1 | — | View 990 |
| 2022 | $3.1M | $2.7M | $41.5M | $1 | — | View 990 |
| 2021 | $8.4M | $2.3M | $41.0M | $1 | — | View 990 |
| 2020 | $2.7M | $2.3M | $34.6M | $1 | — | View 990 |
| 2016 | $1.5M | $2.2M | $33.6M | $1 | — | View 990 |
| 2015 | $3.2M | $2.2M | $34.1M | $1 | — | View 990 |
| 2014 | $2.8M | $1.9M | $32.9M | $0 | — | View 990 |
| 2013 | $1.6M | $2.0M | $32.0M | $0 | — | View 990 |
| 2012 | $1.6M | $1.8M | $32.2M | $0 | — | View 990 |
| 2011 | $4.0M | $1.9M | $32.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.0M, expenses of $2.6M, and assets of $39.0M (revenue +111.4% year-over-year).
- 2023: Revenue of $969K, expenses of $3.0M, and assets of $39.5M (revenue -69.1% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.7M, and assets of $41.5M (revenue -62.7% year-over-year).
- 2021: Revenue of $8.4M, expenses of $2.3M, and assets of $41.0M (revenue +212.4% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.3M, and assets of $34.6M (revenue +83.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $2.2M, and assets of $33.6M (revenue -53.9% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.2M, and assets of $34.1M (revenue +13.3% year-over-year).
- 2014: Revenue of $2.8M, expenses of $1.9M, and assets of $32.9M (revenue +78.8% year-over-year).
- 2013: Revenue of $1.6M, expenses of $2.0M, and assets of $32.0M (revenue -4.3% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.8M, and assets of $32.2M (revenue -58.5% year-over-year).
- 2011: Revenue of $4.0M, expenses of $1.9M, and assets of $32.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Davenport Hatch Foundation Inc:
Data Sources and Methodology
This transparency report for Davenport Hatch 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.