Hanau Family Foundation
Hanau Family Foundation consistently spends down assets with no officer compensation.
EIN: 207179376 · Stamford, CT · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $27K |
| Program Spending | 90% |
| Net Assets | $954K |
| Transparency Score | 85/100 |
Is Hanau Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hanau Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hanau Family Foundation
Hanau Family Foundation (EIN: 207179376) is a nonprofit organization based in Stamford, CT, classified under NTEE code T20. The organization reported total revenue of $17K and total assets of $963K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hanau Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hanau Family Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $27K |
| Surplus / Deficit | +$3K |
| Total Assets | $954K |
| Total Liabilities | $1 |
| Net Assets | $954K |
| Operating Margin | 11.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 426.7 months |
Financial Health Grade: A
In 2023, Hanau Family Foundation reported a surplus of $3K with revenue exceeding expenses, holds 426.7 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), Hanau Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.2% | -71.8% | +3.6% |
| 2022 | -49.0% | +130.4% | -6.8% |
| 2021 | +182.1% | -59.4% | +8.0% |
| 2020 | +127.9% | +157.1% | -8.4% |
| 2019 | +233.8% | -54.2% | -19.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Hanau Family Foundation with a Mission Score of 85 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, Hanau 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives, which is highly efficient for a foundation of its 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 Hanau Family Foundation's IRS 990 filings:
- Consistent expenses exceeding revenue, leading to asset depletion (e.g., 2022: Revenue $53,220, Expenses $95,208).
Strengths
The following positive indicators were identified for Hanau Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency in executive costs.
- Minimal liabilities ($1 or $0) consistently reported, showing strong financial stability.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Hanau Family Foundation
Is Hanau Family Foundation a legitimate charity?
Hanau Family Foundation (EIN: 207179376) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $17K. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Hanau Family Foundation spend its money?
Hanau Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hanau Family Foundation tax-deductible?
Hanau Family Foundation is registered as a tax-exempt nonprofit (EIN: 207179376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hanau Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hanau Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hanau Family Foundation located?
Hanau Family Foundation is headquartered in Stamford, Connecticut and files with the IRS under EIN 207179376. It is classified under NTEE code T20.
How many years of IRS 990 filings does Hanau Family Foundation have?
Hanau Family Foundation 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 $17K in total revenue.
Is the Hanau Family Foundation a good charity?
As a private foundation, its primary purpose is typically to make grants. The consistent zero officer compensation and minimal liabilities suggest good financial stewardship. However, without knowing its specific grant-making activities, a full assessment of its 'goodness' as a charity is limited to its financial efficiency and transparency.
Why are the assets declining over time?
The decline in assets from $1,506,983 in 2011 to $954,028 in 2023, while expenses often exceed revenue (e.g., 2022: Revenue $53,220, Expenses $95,208), suggests the foundation is intentionally spending down its principal to fund its activities, which is common for some private foundations.
What are the primary expenses of the foundation?
While the filings provide total expenses (e.g., $26,830 in 2023), the detailed breakdown of these expenses into program services, management and general, and fundraising is not provided in the summary data. Given it's a private foundation, the majority of expenses are typically grants and related administrative costs.
Filing History
IRS 990 filing history for Hanau Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hanau Family Foundation's revenue has grown by 189.2%, moving from $10K to $30K. Total assets decreased by 36.7% over the same period, from $1.5M to $954K. Total functional expenses fell by 61.9%, from $70K to $27K. In its most recent filing year (2023), Hanau Family Foundation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $1 in liabilities against $954K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $954K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $27K | $954K | $1 | — | — |
| 2022 | $53K | $95K | $921K | $1 | — | — |
| 2021 | $104K | $41K | $988K | $1 | — | — |
| 2020 | $37K | $102K | $915K | $1 | — | View 990 |
| 2019 | $16K | $40K | $999K | $1 | — | View 990 |
| 2015 | $5K | $86K | $1.2M | $1 | — | View 990 |
| 2014 | $5K | $74K | $1.3M | $1 | — | View 990 |
| 2013 | $6K | $81K | $1.4M | $1 | — | View 990 |
| 2012 | $7K | $51K | $1.5M | $1 | — | View 990 |
| 2011 | $10K | $70K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $27K, and assets of $954K (revenue -43.2% year-over-year).
- 2022: Revenue of $53K, expenses of $95K, and assets of $921K (revenue -49.0% year-over-year).
- 2021: Revenue of $104K, expenses of $41K, and assets of $988K (revenue +182.1% year-over-year).
- 2020: Revenue of $37K, expenses of $102K, and assets of $915K (revenue +127.9% year-over-year).
- 2019: Revenue of $16K, expenses of $40K, and assets of $999K (revenue +233.8% year-over-year).
- 2015: Revenue of $5K, expenses of $86K, and assets of $1.2M (revenue -9.1% year-over-year).
- 2014: Revenue of $5K, expenses of $74K, and assets of $1.3M (revenue -4.3% year-over-year).
- 2013: Revenue of $6K, expenses of $81K, and assets of $1.4M (revenue -21.4% year-over-year).
- 2012: Revenue of $7K, expenses of $51K, and assets of $1.5M (revenue -31.9% year-over-year).
- 2011: Revenue of $10K, expenses of $70K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hanau Family Foundation:
Data Sources and Methodology
This transparency report for Hanau 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.