Hale Foundation Inc
EIN: 581947946 · Augusta, GA · NTEE: F34Z
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.3M |
| Net Assets | $2.6M |
Is Hale Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hale Foundation Inc
Hale Foundation Inc (EIN: 581947946) is a nonprofit organization based in Augusta, GA, classified under NTEE code F34Z. The organization reported total revenue of $2.2M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hale Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hale Foundation Inc is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$144K |
| Total Assets | $3.3M |
| Total Liabilities | $685K |
| Net Assets | $2.6M |
| Operating Margin | 10.3% |
| Debt-to-Asset Ratio | 20.6% |
| Months of Reserves | 31.9 months |
Financial Health Grade: A
In 2023, Hale Foundation Inc reported a surplus of $144K with revenue exceeding expenses, holds 31.9 months of operating reserves (strong position), has a debt-to-asset ratio of 20.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hale Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.4% | +22.5% | +13.1% |
| 2022 | +29.9% | +4.2% | +13.0% |
| 2021 | -45.3% | +25.6% | -6.7% |
| 2020 | +48.3% | +18.5% | +32.3% |
| 2019 | +28.4% | -6.9% | +17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hale Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hale Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $144K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.6%.
Frequently Asked Questions about Hale Foundation Inc
Is Hale Foundation Inc a legitimate charity?
Hale Foundation Inc (EIN: 581947946) is a registered tax-exempt nonprofit based in Georgia. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: A.
How does Hale Foundation Inc spend its money?
Hale Foundation Inc reported $2.2M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hale Foundation Inc tax-deductible?
Hale Foundation Inc is registered as a tax-exempt nonprofit (EIN: 581947946). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hale Foundation Inc located?
Hale Foundation Inc is headquartered in Augusta, Georgia and files with the IRS under EIN 581947946. It is classified under NTEE code F34Z.
How many years of IRS 990 filings does Hale Foundation Inc have?
Hale Foundation Inc has 13 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Hale Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hale Foundation Inc's revenue has grown by 284.7%, moving from $363K to $1.4M. Total assets increased by 629.4% over the same period, from $456K to $3.3M. Total functional expenses rose by 294%, from $318K to $1.3M. In its most recent filing year (2023), Hale Foundation Inc reported a surplus of $144K, with revenue exceeding expenses. The organization holds $685K in liabilities against $3.3M in assets (debt-to-asset ratio: 20.6%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.3M | $3.3M | $685K | — | View 990 |
| 2022 | $1.0M | $1.0M | $2.9M | $445K | — | — |
| 2021 | $800K | $980K | $2.6M | $124K | — | View 990 |
| 2020 | $1.5M | $780K | $2.8M | $129K | — | — |
| 2019 | $985K | $659K | $2.1M | $129K | — | View 990 |
| 2018 | $768K | $708K | $1.8M | $142K | — | View 990 |
| 2017 | $1.1M | $519K | $1.7M | $142K | — | View 990 |
| 2016 | $447K | $418K | $1.1M | $154K | — | View 990 |
| 2015 | $447K | $385K | $1.1M | $125K | — | View 990 |
| 2014 | $498K | $394K | $1.0M | $133K | — | View 990 |
| 2013 | $500K | $376K | $995K | $195K | — | View 990 |
| 2012 | $499K | $358K | $923K | $248K | — | View 990 |
| 2011 | $363K | $318K | $456K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $3.3M (revenue +34.4% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.0M, and assets of $2.9M (revenue +29.9% year-over-year).
- 2021: Revenue of $800K, expenses of $980K, and assets of $2.6M (revenue -45.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $780K, and assets of $2.8M (revenue +48.3% year-over-year).
- 2019: Revenue of $985K, expenses of $659K, and assets of $2.1M (revenue +28.4% year-over-year).
- 2018: Revenue of $768K, expenses of $708K, and assets of $1.8M (revenue -31.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $519K, and assets of $1.7M (revenue +149.8% year-over-year).
- 2016: Revenue of $447K, expenses of $418K, and assets of $1.1M (revenue -0.1% year-over-year).
- 2015: Revenue of $447K, expenses of $385K, and assets of $1.1M (revenue -10.1% year-over-year).
- 2014: Revenue of $498K, expenses of $394K, and assets of $1.0M (revenue -0.5% year-over-year).
- 2013: Revenue of $500K, expenses of $376K, and assets of $995K (revenue +0.2% year-over-year).
- 2012: Revenue of $499K, expenses of $358K, and assets of $923K (revenue +37.6% year-over-year).
- 2011: Revenue of $363K, expenses of $318K, and assets of $456K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hale Foundation Inc:
Data Sources and Methodology
This transparency report for Hale 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.