Hale Family Foundation
Hale Family Foundation maintains strong asset base with 0% officer compensation.
EIN: 201687722 · Tulsa, OK · NTEE: T99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $900K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $23 |
| Net Assets | $20.0M |
| Transparency Score | 95/100 |
Is Hale Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hale Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hale Family Foundation
Hale Family Foundation (EIN: 201687722) is a nonprofit organization based in Tulsa, OK, classified under NTEE code T99. The organization reported total revenue of $3.3M and total assets of $23.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hale Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hale Family Foundation is a mid-size nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $900K |
| Surplus / Deficit | +$462K |
| Total Assets | $20.9M |
| Total Liabilities | $899K |
| Net Assets | $20.0M |
| Operating Margin | 33.9% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 278.8 months |
Financial Health Grade: A
In 2023, Hale Family Foundation reported a surplus of $462K with revenue exceeding expenses, holds 278.8 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Hale Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.2% | -18.5% | +1.4% |
| 2022 | +80.9% | +9.8% | +2.4% |
| 2021 | +1233.4% | +10.0% | -0.3% |
| 2020 | -82.7% | +18.4% | -3.3% |
| 2019 | -52.0% | -6.4% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Hale Family Foundation 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, Hale Family Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $462K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all 14 available IRS 990 filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with assets exceeding $23 million.
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 Hale Family Foundation's IRS 990 filings:
- NTEE code T99 is very broad, making it difficult to ascertain specific program areas without further detail.
Strengths
The following positive indicators were identified for Hale Family Foundation:
- Consistent 0% officer compensation across all 14 filings, indicating high efficiency and mission focus.
- Strong and growing asset base, currently at $23,277,690, providing long-term financial stability.
- Expenses generally well-managed relative to revenue in recent years (e.g., 2023 expenses $899,589 vs. revenue $1,361,728).
Frequently Asked Questions about Hale Family Foundation
Is Hale Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hale Family Foundation (EIN: 201687722) some concerns. Mission Score: 95/100. 1 red flag identified, 3 strengths noted.
How does Hale Family Foundation spend its money?
Hale Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hale Family Foundation tax-deductible?
Hale Family Foundation is registered as a tax-exempt nonprofit (EIN: 201687722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hale Family Foundation CEO make?
Hale Family Foundation's highest-compensated officer earns $23 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Hale Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Hale Family Foundation is above average for NTEE category T99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hale Family Foundation located?
Hale Family Foundation is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 201687722. It is classified under NTEE code T99.
How many years of IRS 990 filings does Hale Family Foundation have?
Hale Family Foundation has 14 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 $3.3M in total revenue.
Is Hale Family Foundation a good charity?
Based on the available data, the Hale Family Foundation appears to be a very good charity. It maintains a strong asset base ($23,277,690), consistently reports 0% officer compensation, and manages its expenses effectively, suggesting a high degree of financial efficiency and dedication to its mission.
How does Hale Family Foundation manage its expenses?
The foundation manages its expenses prudently. For example, in 2023, expenses were $899,589 against revenue of $1,361,728, demonstrating that spending is well within its income. The consistent 0% officer compensation also indicates a very lean administrative structure.
What is the financial stability of Hale Family Foundation?
The Hale Family Foundation exhibits strong financial stability, with assets consistently over $20 million, reaching $23,277,690 in the latest period. This substantial asset base provides a solid foundation for its long-term operations despite fluctuations in annual revenue.
Filing History
IRS 990 filing history for Hale Family Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Hale Family Foundation's revenue has grown by 102.9%, moving from $671K to $1.4M. Total assets decreased by 0.2% over the same period, from $21.0M to $20.9M. Total functional expenses rose by 18.6%, from $759K to $900K. In its most recent filing year (2023), Hale Family Foundation reported a surplus of $462K, with revenue exceeding expenses. The organization holds $899K in liabilities against $20.9M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $20.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $900K | $20.9M | $899K | — | View 990 |
| 2022 | $1.5M | $1.1M | $20.6M | $1.1M | — | View 990 |
| 2021 | $847K | $1.0M | $20.1M | $1.0M | — | View 990 |
| 2020 | $64K | $913K | $20.2M | $911K | — | View 990 |
| 2019 | $368K | $771K | $20.9M | $742K | — | View 990 |
| 2018 | $765K | $824K | $20.5M | $0 | — | View 990 |
| 2017 | $-194,774 | $807K | $20.6M | $28K | — | View 990 |
| 2016 | $555K | $479K | $21.6M | $0 | — | View 990 |
| 2015 | $426K | $331K | $21.5M | $3K | — | View 990 |
| 2014 | $1.6M | $754K | $21.4M | $3K | — | View 990 |
| 2013 | $997K | $785K | $20.6M | $30K | — | View 990 |
| 2012 | $239K | $780K | $20.4M | $3K | — | View 990 |
| 2011 | $18K | $31K | $20.9M | $3K | — | View 990 |
| 2010 | $671K | $759K | $21.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $900K, and assets of $20.9M (revenue -11.2% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.1M, and assets of $20.6M (revenue +80.9% year-over-year).
- 2021: Revenue of $847K, expenses of $1.0M, and assets of $20.1M (revenue +1233.4% year-over-year).
- 2020: Revenue of $64K, expenses of $913K, and assets of $20.2M (revenue -82.7% year-over-year).
- 2019: Revenue of $368K, expenses of $771K, and assets of $20.9M (revenue -52.0% year-over-year).
- 2018: Revenue of $765K, expenses of $824K, and assets of $20.5M.
- 2017: Revenue of $-194,774, expenses of $807K, and assets of $20.6M (revenue -135.1% year-over-year).
- 2016: Revenue of $555K, expenses of $479K, and assets of $21.6M (revenue +30.4% year-over-year).
- 2015: Revenue of $426K, expenses of $331K, and assets of $21.5M (revenue -72.6% year-over-year).
- 2014: Revenue of $1.6M, expenses of $754K, and assets of $21.4M (revenue +55.7% year-over-year).
- 2013: Revenue of $997K, expenses of $785K, and assets of $20.6M (revenue +317.0% year-over-year).
- 2012: Revenue of $239K, expenses of $780K, and assets of $20.4M (revenue +1195.1% year-over-year).
- 2011: Revenue of $18K, expenses of $31K, and assets of $20.9M (revenue -97.2% year-over-year).
- 2010: Revenue of $671K, expenses of $759K, and assets of $21.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hale Family Foundation:
Data Sources and Methodology
This transparency report for Hale 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.