David Hogg Family Foundation Inc
David Hogg Family Foundation Inc shows strong asset growth and low expenses, with no reported officer compensation.
EIN: 203159386 · Cornelius, NC · NTEE: T22 · Updated: 2026-03-28
Is David Hogg Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David Hogg Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David Hogg Family Foundation Inc
David Hogg Family Foundation Inc (EIN: 203159386) is a nonprofit organization based in Cornelius, NC, classified under NTEE code T22. The organization reported total revenue of $1.8M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David Hogg Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates David Hogg Family 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, David Hogg Family 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly unusual for an organization with over $3 million in assets and nearly $2 million in annual revenue.
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 Hogg Family Foundation Inc's IRS 990 filings:
- Unusually low expenses relative to substantial revenue and asset growth, which might warrant further investigation into the nature of their activities and how funds are being deployed if not through direct program spending or typical operational costs.
Strengths
The following positive indicators were identified for David Hogg Family Foundation Inc:
- Strong asset growth, increasing from $814,741 in 2011 to $3,061,056 in the latest period.
- Very low expenses relative to revenue, indicating high operational efficiency (e.g., $72,625 expenses vs. $453,506 revenue in 2023).
- No reported officer compensation across all filings, suggesting volunteer leadership and minimal administrative overhead.
- Significant increase in revenue in recent years, demonstrating growing support and capacity.
Frequently Asked Questions about David Hogg Family Foundation Inc
Is David Hogg Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, David Hogg Family Foundation Inc (EIN: 203159386) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does David Hogg Family Foundation Inc spend its money?
David Hogg Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to David Hogg Family Foundation Inc tax-deductible?
David Hogg Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203159386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is David Hogg Family Foundation Inc a good charity?
Based on the provided data, the organization exhibits strong financial health, excellent spending efficiency (very low expenses relative to revenue and assets), and high transparency regarding executive compensation (0% reported). These factors suggest it is a well-managed and effective charity.
How has the organization's revenue trended?
Revenue has shown significant growth in recent years, particularly from 2021 ($340,247) to 2022 ($772,315) and 2023 ($453,506), with the latest reported revenue at $1,839,275, indicating a substantial increase in financial support.
What is the organization's asset growth like?
The organization has demonstrated consistent and substantial asset growth, increasing from $814,741 in 2011 to $3,061,056 in the latest period, indicating strong financial stewardship and accumulation of resources.
Filing History
IRS 990 filing history for David Hogg Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), David Hogg Family Foundation Inc's revenue has grown by 590.6%, moving from $66K to $454K. Total assets increased by 185.2% over the same period, from $815K to $2.3M. Total functional expenses rose by 32.2%, from $55K to $73K. In its most recent filing year (2023), David Hogg Family Foundation Inc reported a surplus of $381K, with revenue exceeding expenses. The organization holds $7K in liabilities against $2.3M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $454K | $73K | $2.3M | $7K | — | View 990 |
| 2022 | $772K | $110K | $1.6M | $15K | — | View 990 |
| 2021 | $340K | $65K | $1.2M | $12K | — | — |
| 2020 | $-16,474 | $51K | $973K | $5K | — | — |
| 2019 | $25K | $55K | $939K | $0 | — | View 990 |
| 2015 | $37K | $56K | $846K | $0 | — | View 990 |
| 2014 | $52K | $55K | $867K | $0 | — | View 990 |
| 2013 | $137K | $54K | $871K | $0 | — | View 990 |
| 2012 | $28K | $54K | $787K | $0 | — | View 990 |
| 2011 | $66K | $55K | $815K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $454K, expenses of $73K, and assets of $2.3M (revenue -41.3% year-over-year).
- 2022: Revenue of $772K, expenses of $110K, and assets of $1.6M (revenue +127.0% year-over-year).
- 2021: Revenue of $340K, expenses of $65K, and assets of $1.2M.
- 2020: Revenue of $-16,474, expenses of $51K, and assets of $973K (revenue -165.8% year-over-year).
- 2019: Revenue of $25K, expenses of $55K, and assets of $939K (revenue -31.4% year-over-year).
- 2015: Revenue of $37K, expenses of $56K, and assets of $846K (revenue -29.9% year-over-year).
- 2014: Revenue of $52K, expenses of $55K, and assets of $867K (revenue -62.0% year-over-year).
- 2013: Revenue of $137K, expenses of $54K, and assets of $871K (revenue +392.7% year-over-year).
- 2012: Revenue of $28K, expenses of $54K, and assets of $787K (revenue -57.6% year-over-year).
- 2011: Revenue of $66K, expenses of $55K, and assets of $815K.
Data Sources and Methodology
This transparency report for David Hogg Family 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.