Ellie And Les Hayt Family Foundation
Ellie And Les Hayt Family Foundation faces consistent deficit spending and significant asset depletion.
EIN: 20760235 · Peoria, AZ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $80K |
| Program Spending | 70% |
| Net Assets | $746K |
| Transparency Score | 65/100 |
Is Ellie And Les Hayt Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ellie And Les Hayt Family Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Ellie And Les Hayt Family Foundation
Ellie And Les Hayt Family Foundation (EIN: 20760235) is a nonprofit organization based in Peoria, AZ, classified under NTEE code T22. The organization reported total revenue of $1.2M and total assets of $148K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ellie And Les Hayt Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ellie And Les Hayt Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $80K |
| Surplus / Deficit | $-34,178 |
| Total Assets | $746K |
| Total Liabilities | $1 |
| Net Assets | $746K |
| Operating Margin | -74.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 111.6 months |
Financial Health Grade: B
In 2023, Ellie And Les Hayt Family Foundation reported a deficit of $34K with expenses exceeding revenue, holds 111.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +183.2% | -12.5% | -9.0% |
| 2022 | -84.0% | +28.8% | -14.9% |
| 2021 | +143.8% | -8.9% | +23.1% |
| 2020 | -62.7% | -9.7% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Ellie And Les Hayt Family Foundation 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: 70%
- fundraising: 10%
According to IRS 990 filings, Ellie And Les Hayt Family Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a positive sign for donor trust and resource allocation.
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 Ellie And Les Hayt Family Foundation's IRS 990 filings:
- Consistent deficit spending: Expenses ($80,151 in 2023, $91,609 in 2022) consistently exceed revenue ($45,973 in 2023, $16,236 in 2022).
- Significant asset depletion: Assets have decreased from $1,208,143 in 2012 to $148,079 in the latest report.
- Negative revenue reported in 2015 ($-104,485), which could indicate significant investment losses or adjustments.
Strengths
The following positive indicators were identified for Ellie And Les Hayt Family Foundation:
- Zero officer compensation consistently reported across all filings, indicating efficient use of funds in this area.
- Long operational history with 11 filings, suggesting established presence.
Frequently Asked Questions about Ellie And Les Hayt Family Foundation
Is Ellie And Les Hayt Family Foundation a legitimate charity?
Ellie And Les Hayt Family Foundation (EIN: 20760235) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.2M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Ellie And Les Hayt Family Foundation spend its money?
Ellie And Les Hayt Family Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Ellie And Les Hayt Family Foundation tax-deductible?
Ellie And Les Hayt Family Foundation is registered as a tax-exempt nonprofit (EIN: 20760235). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ellie And Les Hayt Family Foundation's spending goes to programs?
Ellie And Les Hayt Family Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Ellie And Les Hayt Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ellie And Les Hayt Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ellie And Les Hayt Family Foundation located?
Ellie And Les Hayt Family Foundation is headquartered in Peoria, Arizona and files with the IRS under EIN 20760235. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ellie And Les Hayt Family Foundation have?
Ellie And Les Hayt Family Foundation 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 $1.2M in total revenue.
Is Ellie And Les Hayt Family Foundation a good charity?
The foundation demonstrates good practices in executive compensation (0% officer compensation) and has a history of operations. However, recent financial trends show expenses consistently exceeding revenue and significant asset depletion, which are areas of concern for long-term financial health and impact.
Why are the assets declining so significantly?
The assets have declined from over $1.2 million in 2012 to $745,535 in 2023, and further to $148,079 in the latest reported assets. This suggests that the foundation has been spending down its principal or experiencing investment losses, especially given the consistent deficit spending where expenses exceed revenue.
What is the organization's primary source of revenue?
Based on the fluctuating revenue figures, which include a negative revenue period in 2015 ($-104,485), the foundation likely relies on investment income, contributions, or a combination thereof. The variability suggests it may not have a consistent, large-scale fundraising apparatus.
Filing History
IRS 990 filing history for Ellie And Les Hayt Family Foundation showing financial trends over 11 years of public records:
Total assets decreased by 45.9% over the same period, from $1.4M to $746K. Total functional expenses rose by 0.8%, from $80K to $80K. In its most recent filing year (2023), Ellie And Les Hayt Family Foundation reported a deficit of $34K, with expenses exceeding revenue. The organization holds $1 in liabilities against $746K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $746K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $80K | $746K | $1 | — | View 990 |
| 2022 | $16K | $92K | $819K | $65K | — | View 990 |
| 2021 | $102K | $71K | $963K | $1 | — | View 990 |
| 2020 | $42K | $78K | $782K | $1 | — | — |
| 2019 | $112K | $86K | $862K | $1 | — | View 990 |
| 2015 | $-104,485 | $80K | $732K | $0 | — | View 990 |
| 2014 | $11K | $77K | $907K | $0 | — | View 990 |
| 2013 | $95K | $87K | $1.0M | $0 | — | View 990 |
| 2012 | $412K | $77K | $1.2M | $0 | — | View 990 |
| 2011 | $83K | $67K | $995K | $0 | — | View 990 |
| 2010 | $-25,509 | $80K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46K, expenses of $80K, and assets of $746K (revenue +183.2% year-over-year).
- 2022: Revenue of $16K, expenses of $92K, and assets of $819K (revenue -84.0% year-over-year).
- 2021: Revenue of $102K, expenses of $71K, and assets of $963K (revenue +143.8% year-over-year).
- 2020: Revenue of $42K, expenses of $78K, and assets of $782K (revenue -62.7% year-over-year).
- 2019: Revenue of $112K, expenses of $86K, and assets of $862K.
- 2015: Revenue of $-104,485, expenses of $80K, and assets of $732K (revenue -1065.5% year-over-year).
- 2014: Revenue of $11K, expenses of $77K, and assets of $907K (revenue -88.6% year-over-year).
- 2013: Revenue of $95K, expenses of $87K, and assets of $1.0M (revenue -77.0% year-over-year).
- 2012: Revenue of $412K, expenses of $77K, and assets of $1.2M (revenue +395.1% year-over-year).
- 2011: Revenue of $83K, expenses of $67K, and assets of $995K.
- 2010: Revenue of $-25,509, expenses of $80K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ellie And Les Hayt Family Foundation:
Data Sources and Methodology
This transparency report for Ellie And Les Hayt 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.