Doris And Martin Hoffman Family Foundation Inc
Doris And Martin Hoffman Family Foundation Inc. shows consistent asset decline over the past decade, with expenses frequently exceeding revenue.
EIN: 112661747 · Phoenix, AZ · Updated: 2026-03-28
Is Doris And Martin Hoffman 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 →
Doris And Martin Hoffman Family Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Doris And Martin Hoffman Family Foundation Inc
Doris And Martin Hoffman Family Foundation Inc (EIN: 112661747) is a nonprofit organization based in Phoenix, AZ. The organization reported total revenue of $63K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Doris And Martin Hoffman Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Doris And Martin Hoffman Family Foundation Inc is a micro nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $49K |
| Total Expenses | $54K |
| Surplus / Deficit | $-5,065 |
| Total Assets | $51K |
| Total Liabilities | $90 |
| Net Assets | $51K |
| Operating Margin | -10.4% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2024, Doris And Martin Hoffman Family Foundation Inc reported a deficit of $5K with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Doris And Martin Hoffman Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -28.8% | +7.6% | -8.9% |
| 2023 | +107.7% | -8.0% | +1.3% |
| 2022 | +18.0% | +22.6% | -6.3% |
| 2021 | +13.1% | -1.9% | -21.8% |
| 2020 | -0.9% | +22.9% | -55.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Doris And Martin Hoffman Family Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Doris And Martin Hoffman Family Foundation Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated, which is a strong positive for minimizing administrative overhead for an organization of this size.
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 Doris And Martin Hoffman Family Foundation Inc's IRS 990 filings:
- Consistent decline in assets over the past decade (from $233,364 in 2012 to $55,617 currently).
- Expenses frequently exceed revenue, contributing to asset depletion (e.g., $53,722 expenses vs. $48,657 revenue in 202404).
Strengths
The following positive indicators were identified for Doris And Martin Hoffman Family Foundation Inc:
- 0% officer compensation reported across all filings, indicating very low executive overhead.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Frequently Asked Questions about Doris And Martin Hoffman Family Foundation Inc
Is Doris And Martin Hoffman Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Doris And Martin Hoffman Family Foundation Inc (EIN: 112661747) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Doris And Martin Hoffman Family Foundation Inc spend its money?
Doris And Martin Hoffman Family Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Doris And Martin Hoffman Family Foundation Inc tax-deductible?
Doris And Martin Hoffman Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 112661747). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary purpose or program activity of the Doris And Martin Hoffman Family Foundation Inc.?
The provided data does not specify the NTEE code or program activities, making it difficult to determine the foundation's primary purpose. Further investigation of the full 990 forms would be needed.
Why have the assets of the foundation declined significantly over the past decade?
Assets have declined from $233,364 in 2012 to $55,617 currently, largely due to expenses frequently exceeding revenue (e.g., $53,722 expenses vs. $48,657 revenue in 202404), suggesting the foundation is spending down its principal or experiencing investment losses.
Is the foundation financially sustainable in the long term given its current trends?
The consistent trend of expenses often exceeding revenue and the significant decline in assets raise concerns about the long-term financial sustainability of the foundation without new significant contributions or changes in spending patterns.
Filing History
IRS 990 filing history for Doris And Martin Hoffman Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Doris And Martin Hoffman Family Foundation Inc's revenue has grown by 207.9%, moving from $16K to $49K. Total assets decreased by 78.2% over the same period, from $233K to $51K. Total functional expenses rose by 77.5%, from $30K to $54K. In its most recent filing year (2024), Doris And Martin Hoffman Family Foundation Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $90 in liabilities against $51K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $51K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $49K | $54K | $51K | $90 | — | — |
| 2023 | $68K | $50K | $56K | $1 | — | — |
| 2022 | $33K | $54K | $55K | $18K | — | — |
| 2021 | $28K | $44K | $59K | $1 | — | — |
| 2020 | $25K | $45K | $75K | $1 | — | View 990 |
| 2016 | $25K | $37K | $170K | $1 | — | View 990 |
| 2015 | $24K | $48K | $182K | $1 | — | View 990 |
| 2014 | $24K | $34K | $207K | $1 | — | View 990 |
| 2013 | $23K | $40K | $216K | $1 | — | View 990 |
| 2012 | $16K | $30K | $233K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $49K, expenses of $54K, and assets of $51K (revenue -28.8% year-over-year).
- 2023: Revenue of $68K, expenses of $50K, and assets of $56K (revenue +107.7% year-over-year).
- 2022: Revenue of $33K, expenses of $54K, and assets of $55K (revenue +18.0% year-over-year).
- 2021: Revenue of $28K, expenses of $44K, and assets of $59K (revenue +13.1% year-over-year).
- 2020: Revenue of $25K, expenses of $45K, and assets of $75K (revenue -0.9% year-over-year).
- 2016: Revenue of $25K, expenses of $37K, and assets of $170K (revenue +5.1% year-over-year).
- 2015: Revenue of $24K, expenses of $48K, and assets of $182K (revenue -2.9% year-over-year).
- 2014: Revenue of $24K, expenses of $34K, and assets of $207K (revenue +4.5% year-over-year).
- 2013: Revenue of $23K, expenses of $40K, and assets of $216K (revenue +47.6% year-over-year).
- 2012: Revenue of $16K, expenses of $30K, and assets of $233K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Doris And Martin Hoffman Family Foundation Inc:
Data Sources and Methodology
This transparency report for Doris And Martin Hoffman 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.