Edwin J Hoffritz Tr Uw Article Seventh
Edwin J Hoffritz Trust maintains stable $13-14M assets despite fluctuating revenue and consistent expenses.
EIN: 136655406 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $1.2M |
| Program Spending | 80% |
| Net Assets | $13.9M |
| Transparency Score | 70/100 |
Is Edwin J Hoffritz Tr Uw Article Seventh Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edwin J Hoffritz Tr Uw Article Seventh directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edwin J Hoffritz Tr Uw Article Seventh
Edwin J Hoffritz Tr Uw Article Seventh (EIN: 136655406) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $5.3M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edwin J Hoffritz Tr Uw Article Seventh's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edwin J Hoffritz Tr Uw Article Seventh is a mid-size nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $952K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-247,449 |
| Total Assets | $13.9M |
| Total Liabilities | $1 |
| Net Assets | $13.9M |
| Operating Margin | -26.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 138.8 months |
Financial Health Grade: B
In 2023, Edwin J Hoffritz Tr Uw Article Seventh reported a deficit of $247K with expenses exceeding revenue, holds 138.8 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), Edwin J Hoffritz Tr Uw Article Seventh's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +199.3% | +21.6% | -0.9% |
| 2022 | -74.2% | +9.6% | -4.2% |
| 2021 | +8.6% | -2.0% | +2.3% |
| 2020 | +1.4% | -7.4% | +1.6% |
| 2019 | +149.9% | +4.0% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Edwin J Hoffritz Tr Uw Article Seventh with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Edwin J Hoffritz Tr Uw Article Seventh allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $247K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either a volunteer-led organization or that compensation is managed outside the scope of this specific reporting line, which could affect transparency.
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 Edwin J Hoffritz Tr Uw Article Seventh's IRS 990 filings:
- Unknown NTEE code limits understanding of mission focus.
- Lack of detailed expense breakdown (program, admin, fundraising) hinders efficiency assessment.
- Expenses exceeded revenue in recent years (e.g., 2023: $1,199,237 expenses vs. $951,788 revenue; 2022: $986,174 expenses vs. $317,988 revenue).
Strengths
The following positive indicators were identified for Edwin J Hoffritz Tr Uw Article Seventh:
- Strong and stable asset base ($13-14 million) provides financial security.
- Consistently low liabilities ($0 or $1) indicates excellent balance sheet health.
- Zero reported officer compensation suggests efficient use of funds at the leadership level or a volunteer-driven model.
Frequently Asked Questions about Edwin J Hoffritz Tr Uw Article Seventh
Is Edwin J Hoffritz Tr Uw Article Seventh a legitimate charity?
Edwin J Hoffritz Tr Uw Article Seventh (EIN: 136655406) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.3M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Edwin J Hoffritz Tr Uw Article Seventh spend its money?
Edwin J Hoffritz Tr Uw Article Seventh directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Edwin J Hoffritz Tr Uw Article Seventh tax-deductible?
Edwin J Hoffritz Tr Uw Article Seventh is registered as a tax-exempt nonprofit (EIN: 136655406). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Edwin J Hoffritz Tr Uw Article Seventh's spending goes to programs?
Edwin J Hoffritz Tr Uw Article Seventh directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Edwin J Hoffritz Tr Uw Article Seventh located?
Edwin J Hoffritz Tr Uw Article Seventh is headquartered in Chicago, Illinois and files with the IRS under EIN 136655406.
How many years of IRS 990 filings does Edwin J Hoffritz Tr Uw Article Seventh have?
Edwin J Hoffritz Tr Uw Article Seventh 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 $5.3M in total revenue.
What are the specific program activities funded by Edwin J Hoffritz Tr Uw Article Seventh?
The provided data does not detail the specific program activities. The NTEE code is unknown, and a breakdown of program expenses is not available, making it difficult to understand the organization's mission focus.
Why does the organization consistently report 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization may be entirely volunteer-run at the executive level, or that executive services are provided by an external entity or trust arrangement not reflected as direct officer compensation on these filings.
How does the organization manage its revenue volatility?
The organization manages revenue volatility through its substantial and stable asset base, which has consistently been around $13-14 million. This allows it to cover expenses even in years where revenue is lower than expenditures, such as in 2023 and 2022.
Filing History
IRS 990 filing history for Edwin J Hoffritz Tr Uw Article Seventh showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Edwin J Hoffritz Tr Uw Article Seventh's revenue has declined by 2.1%, moving from $972K to $952K. Total assets increased by 7.3% over the same period, from $12.9M to $13.9M. Total functional expenses rose by 37.6%, from $872K to $1.2M. In its most recent filing year (2023), Edwin J Hoffritz Tr Uw Article Seventh reported a deficit of $247K, with expenses exceeding revenue. The organization holds $1 in liabilities against $13.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $952K | $1.2M | $13.9M | $1 | — | View 990 |
| 2022 | $318K | $986K | $14.0M | $1 | — | View 990 |
| 2021 | $1.2M | $899K | $14.6M | $1 | — | — |
| 2020 | $1.1M | $918K | $14.3M | $1 | — | — |
| 2019 | $1.1M | $991K | $14.1M | $0 | — | View 990 |
| 2015 | $448K | $952K | $13.1M | $0 | — | View 990 |
| 2014 | $1.4M | $933K | $13.6M | $0 | — | View 990 |
| 2013 | $1.2M | $837K | $13.1M | $0 | — | View 990 |
| 2012 | $681K | $852K | $12.7M | $0 | — | View 990 |
| 2011 | $972K | $872K | $12.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $952K, expenses of $1.2M, and assets of $13.9M (revenue +199.3% year-over-year).
- 2022: Revenue of $318K, expenses of $986K, and assets of $14.0M (revenue -74.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $899K, and assets of $14.6M (revenue +8.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $918K, and assets of $14.3M (revenue +1.4% year-over-year).
- 2019: Revenue of $1.1M, expenses of $991K, and assets of $14.1M (revenue +149.9% year-over-year).
- 2015: Revenue of $448K, expenses of $952K, and assets of $13.1M (revenue -68.1% year-over-year).
- 2014: Revenue of $1.4M, expenses of $933K, and assets of $13.6M (revenue +14.5% year-over-year).
- 2013: Revenue of $1.2M, expenses of $837K, and assets of $13.1M (revenue +80.1% year-over-year).
- 2012: Revenue of $681K, expenses of $852K, and assets of $12.7M (revenue -29.9% year-over-year).
- 2011: Revenue of $972K, expenses of $872K, and assets of $12.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edwin J Hoffritz Tr Uw Article Seventh:
Data Sources and Methodology
This transparency report for Edwin J Hoffritz Tr Uw Article Seventh 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.