David H And Suzanne D Hillman Family Foundation

David H And Suzanne D Hillman Family Foundation consistently expends nearly all revenue with zero reported officer compensation.

EIN: 201970693 · Mclean, VA · NTEE: T22 · Updated: 2026-03-28

$1.9MRevenue

$2.8MAssets

90/100Mission Score (Excellent)

T22

About David H And Suzanne D Hillman Family Foundation

David H And Suzanne D Hillman Family Foundation (EIN: 201970693) is a nonprofit organization based in Mclean, VA, classified under NTEE code T22. The organization reported total revenue of $1.9M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David H And Suzanne D Hillman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The David H And Suzanne D Hillman Family Foundation demonstrates consistent financial health with a stable asset base, growing from $2,181,092 in 2011 to $2,701,958 in 2023. The organization consistently spends nearly all of its revenue each year, indicating active grantmaking or operational expenses. For example, in 2023, expenses were $1,129,439 against revenues of $1,242,460, showing a high utilization of funds. The foundation's liabilities have remained extremely low, often just $1, which is a strong indicator of financial stability and responsible management. 

Spending efficiency appears high given the consistent expenditure of funds relative to revenue. The absence of reported officer compensation across all filings suggests that the foundation operates with minimal administrative overhead in terms of executive salaries, which is a positive sign for donor dollars going directly to mission-related activities. The NTEE code T22 (Private Grantmaking Foundations) aligns with its operational model. The foundation's transparency is bolstered by its consistent filing of IRS Form 990s over a decade, providing a clear historical financial record.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates David H And Suzanne D Hillman Family 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, David H And Suzanne D Hillman Family 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.

Executive Compensation Analysis

The foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and suggests a volunteer-led or externally managed structure for executive functions.

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 David H And Suzanne D Hillman Family Foundation's IRS 990 filings:

Lack of detailed spending breakdown (e.g., specific program vs. administrative costs) in summary data, though common for private foundations.
Unusually low liabilities (often $1) could indicate a lack of transparency if actual operational liabilities are being absorbed elsewhere, though it generally signals strong financial health.

Strengths

The following positive indicators were identified for David H And Suzanne D Hillman Family Foundation:

Consistent expenditure of nearly all revenue, indicating active grantmaking.
Zero reported officer compensation across all filings, maximizing funds for mission.
Very low liabilities, demonstrating strong financial stability.
Steady growth in assets over a decade, from $2.18M to $2.70M.
Consistent IRS 990 filing history, indicating good transparency.

Frequently Asked Questions about David H And Suzanne D Hillman Family Foundation

Is the David H And Suzanne D Hillman Family Foundation a good charity?

Based on the available data, the foundation appears to be a very efficient and financially sound grantmaking organization. It consistently expends nearly all its revenue on its mission, maintains very low liabilities, and reports no officer compensation, suggesting a high percentage of funds go directly to programs.

How much of the foundation's money goes to programs?

While specific program spending percentages are not detailed in the provided summary, the consistent expenditure of nearly all revenue (e.g., $1,129,439 in expenses against $1,242,460 in revenue in 2023) and the absence of officer compensation strongly suggest that a very high percentage of funds, likely over 90%, is directed towards its grantmaking activities (programs) and minimal administrative costs.

What is the trend in the foundation's assets?

The foundation's assets have shown a steady growth trend over the past decade, increasing from $2,181,092 in 2011 to $2,701,958 in 2023, indicating sound financial management and potentially successful investment strategies.

Filing History

IRS 990 filing history for David H And Suzanne D Hillman Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), David H And Suzanne D Hillman Family Foundation's revenue has grown by 96.2%, moving from $633K to $1.2M. Total assets increased by 23.9% over the same period, from $2.2M to $2.7M. Total functional expenses rose by 89.8%, from $595K to $1.1M. In its most recent filing year (2023), David H And Suzanne D Hillman Family Foundation reported a surplus of $113K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.2M	$1.1M	$2.7M	$1	—	View 990
2022	$1.5M	$1.5M	$2.6M	$25	—	View 990
2021	$1.7M	$1.7M	$2.5M	$225	—	View 990
2020	$556K	$506K	$2.5M	$1	—	—
2019	$1.9M	$1.8M	$2.5M	$1	—	View 990
2015	$476K	$454K	$2.3M	$1	—	View 990
2014	$1.1M	$1.1M	$2.3M	$1	—	View 990
2013	$980K	$957K	$2.2M	$1	—	View 990
2012	$1.1M	$1.1M	$2.2M	$1	—	View 990
2011	$633K	$595K	$2.2M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.2M, expenses of $1.1M, and assets of $2.7M (revenue -17.3% year-over-year).
2022: Revenue of $1.5M, expenses of $1.5M, and assets of $2.6M (revenue -12.1% year-over-year).
2021: Revenue of $1.7M, expenses of $1.7M, and assets of $2.5M (revenue +207.5% year-over-year).
2020: Revenue of $556K, expenses of $506K, and assets of $2.5M (revenue -70.9% year-over-year).
2019: Revenue of $1.9M, expenses of $1.8M, and assets of $2.5M (revenue +300.9% year-over-year).
2015: Revenue of $476K, expenses of $454K, and assets of $2.3M (revenue -57.4% year-over-year).
2014: Revenue of $1.1M, expenses of $1.1M, and assets of $2.3M (revenue +14.2% year-over-year).
2013: Revenue of $980K, expenses of $957K, and assets of $2.2M (revenue -13.4% year-over-year).
2012: Revenue of $1.1M, expenses of $1.1M, and assets of $2.2M (revenue +78.7% year-over-year).
2011: Revenue of $633K, expenses of $595K, and assets of $2.2M.

Data Sources and Methodology

This transparency report for David H And Suzanne D Hillman 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.