Hancock Properties Foundation
EIN: 270121577 · Findlay, OH · NTEE: T113
| Metric | Value |
|---|---|
| Total Revenue | $536K |
| Total Expenses | $636K |
| Net Assets | $3.8M |
Is Hancock Properties Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hancock Properties Foundation
Hancock Properties Foundation (EIN: 270121577) is a nonprofit organization based in Findlay, OH, classified under NTEE code T113. The organization reported total revenue of $536K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hancock Properties Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hancock Properties Foundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $601K |
| Total Expenses | $636K |
| Surplus / Deficit | $-34,721 |
| Total Assets | $3.9M |
| Total Liabilities | $57K |
| Net Assets | $3.8M |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 73.6 months |
Financial Health Grade: B
In 2023, Hancock Properties Foundation reported a deficit of $35K with expenses exceeding revenue, holds 73.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hancock Properties Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.2% | -12.4% | -0.5% |
| 2022 | -26.0% | +27.8% | -2.9% |
| 2021 | +126.8% | +5.4% | +6.6% |
| 2020 | -29.7% | -6.3% | -3.7% |
| 2019 | +19.9% | +8.4% | -1.9% |
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 Analysis Pending
AI enrichment for Hancock Properties Foundation 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 Hancock Properties Foundation 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 deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Hancock Properties Foundation
Is Hancock Properties Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hancock Properties Foundation (EIN: 270121577) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hancock Properties Foundation spend its money?
Detailed spending breakdown data is not yet available for Hancock Properties Foundation. Check back for updated IRS 990 analysis.
Are donations to Hancock Properties Foundation tax-deductible?
Hancock Properties Foundation is registered as a tax-exempt nonprofit (EIN: 270121577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hancock Properties Foundation located?
Hancock Properties Foundation is headquartered in Findlay, Ohio and files with the IRS under EIN 270121577. It is classified under NTEE code T113.
How many years of IRS 990 filings does Hancock Properties Foundation have?
Hancock Properties Foundation 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 $536K in total revenue.
Filing History
IRS 990 filing history for Hancock Properties Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hancock Properties Foundation's revenue has grown by 98.1%, moving from $304K to $601K. Total assets decreased by 13.7% over the same period, from $4.5M to $3.9M. Total functional expenses rose by 49.3%, from $426K to $636K. In its most recent filing year (2023), Hancock Properties Foundation reported a deficit of $35K, with expenses exceeding revenue. The organization holds $57K in liabilities against $3.9M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $601K | $636K | $3.9M | $57K | — | — |
| 2022 | $621K | $726K | $3.9M | $57K | — | View 990 |
| 2021 | $840K | $568K | $4.0M | $69K | — | View 990 |
| 2020 | $370K | $539K | $3.8M | $91K | — | View 990 |
| 2019 | $526K | $575K | $3.9M | $9K | — | View 990 |
| 2018 | $439K | $531K | $4.0M | $36K | — | View 990 |
| 2017 | $356K | $467K | $4.1M | $10K | — | View 990 |
| 2016 | $505K | $483K | $4.2M | $6K | — | View 990 |
| 2015 | $345K | $458K | $4.2M | $8K | — | View 990 |
| 2014 | $310K | $444K | $4.3M | $33K | — | View 990 |
| 2013 | $429K | $420K | $4.4M | $22K | — | View 990 |
| 2012 | $302K | $424K | $4.4M | $12K | — | View 990 |
| 2011 | $304K | $426K | $4.5M | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $601K, expenses of $636K, and assets of $3.9M (revenue -3.2% year-over-year).
- 2022: Revenue of $621K, expenses of $726K, and assets of $3.9M (revenue -26.0% year-over-year).
- 2021: Revenue of $840K, expenses of $568K, and assets of $4.0M (revenue +126.8% year-over-year).
- 2020: Revenue of $370K, expenses of $539K, and assets of $3.8M (revenue -29.7% year-over-year).
- 2019: Revenue of $526K, expenses of $575K, and assets of $3.9M (revenue +19.9% year-over-year).
- 2018: Revenue of $439K, expenses of $531K, and assets of $4.0M (revenue +23.4% year-over-year).
- 2017: Revenue of $356K, expenses of $467K, and assets of $4.1M (revenue -29.6% year-over-year).
- 2016: Revenue of $505K, expenses of $483K, and assets of $4.2M (revenue +46.6% year-over-year).
- 2015: Revenue of $345K, expenses of $458K, and assets of $4.2M (revenue +11.1% year-over-year).
- 2014: Revenue of $310K, expenses of $444K, and assets of $4.3M (revenue -27.7% year-over-year).
- 2013: Revenue of $429K, expenses of $420K, and assets of $4.4M (revenue +41.8% year-over-year).
- 2012: Revenue of $302K, expenses of $424K, and assets of $4.4M (revenue -0.3% year-over-year).
- 2011: Revenue of $304K, expenses of $426K, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hancock Properties Foundation:
Data Sources and Methodology
This transparency report for Hancock Properties 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.