Hausman Family Charitable Trust
Hausman Family Charitable Trust: Significant Asset Base, Minimal Recent Programmatic Spending
EIN: 222767735 · Boston, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $279K |
| Total Expenses | $3.2M |
| CEO/Top Officer Pay | $0 |
| Net Assets | $19.3M |
| Transparency Score | 20/100 |
Is Hausman Family Charitable Trust Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hausman Family Charitable Trust
Hausman Family Charitable Trust (EIN: 222767735) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $279K and total assets of $19.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hausman Family Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hausman Family Charitable Trust is a small nonprofit that has been operating for 39 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $279K |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-2,953,446 |
| Total Assets | $19.3M |
| Total Liabilities | $1 |
| Net Assets | $19.3M |
| Operating Margin | -1058.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 71.5 months |
Financial Health Grade: B
In 2022, Hausman Family Charitable Trust reported a deficit of $3.0M with expenses exceeding revenue, holds 71.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Hausman Family Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -94.1% | -77.7% | -11.9% |
| 2021 | -73.5% | +143.9% | -31.0% |
| 2020 | +279.0% | +265.7% | -6.5% |
| 2019 | +1414.7% | +91.7% | +117.2% |
| 2015 | +55.9% | +25.7% | +14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Hausman Family Charitable Trust with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Hausman Family Charitable Trust allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting an entirely volunteer-run or externally managed structure.
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 Hausman Family Charitable Trust's IRS 990 filings:
- In 2022, the trust reported $279,007 in revenue but $3,232,453 in expenses, leading to a significant deficit without clear programmatic spending.
- Despite an asset base of over $19 million in 2022, the trust consistently reports 0% of spending on programs, raising questions about its charitable impact.
- The substantial decrease in assets from $33,912,067 in 2019 to $19,265,196 in 2022, coupled with minimal programmatic output, warrants further investigation.
- The 'l1' designation in recent filings (2022, 2021, 2020) indicates lobbying activities, which is unusual for a trust reporting no program spending.
Strengths
The following positive indicators were identified for Hausman Family Charitable Trust:
- The trust maintains a substantial asset base, indicating long-term financial stability.
- Consistent reporting of 0% compensation suggests a lean operational model, potentially maximizing funds for charitable purposes if directed appropriately.
Frequently Asked Questions about Hausman Family Charitable Trust
Is Hausman Family Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Hausman Family Charitable Trust (EIN: 222767735) significant concerns. Mission Score: 20/100. 4 red flags identified, 2 strengths noted.
How does Hausman Family Charitable Trust spend its money?
Detailed spending breakdown data is not yet available for Hausman Family Charitable Trust. Check back for updated IRS 990 analysis.
Are donations to Hausman Family Charitable Trust tax-deductible?
Hausman Family Charitable Trust is registered as a tax-exempt nonprofit (EIN: 222767735). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hausman Family Charitable Trust CEO make?
Hausman Family Charitable Trust's highest-compensated officer earns $0 annually. The organization reported $279K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Hausman Family Charitable Trust located?
Hausman Family Charitable Trust is headquartered in Boston, Massachusetts and files with the IRS under EIN 222767735.
How many years of IRS 990 filings does Hausman Family Charitable Trust have?
Hausman Family Charitable Trust has 9 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 $279K in total revenue.
What does Hausman Family Charitable Trust do?
Hausman Family Charitable Trust is a nonprofit organization in the Unknown sector, located in Boston, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Hausman Family Charitable Trust have?
Hausman Family Charitable Trust reported total revenue of $279,007. Based on 9 IRS 990 filings on record.
What are Hausman Family Charitable Trust's total assets?
Hausman Family Charitable Trust holds total assets of $19,265,196 as reported in IRS 990 filings.
Where is Hausman Family Charitable Trust located?
Hausman Family Charitable Trust is based in Boston, Massachusetts.
What is Hausman Family Charitable Trust's EIN?
Hausman Family Charitable Trust's Employer Identification Number (EIN) is 222767735. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hausman Family Charitable Trust?
Hausman Family Charitable Trust is classified under NTEE code Unknown (Unknown).
Is Hausman Family Charitable Trust a registered 501(c)(3)?
Hausman Family Charitable Trust appears in IRS records (EIN: 222767735). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hausman Family Charitable Trust file IRS Form 990?
Yes, Hausman Family Charitable Trust has 9 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Hausman Family Charitable Trust's revenue in 2022?
In the 202212 filing period, Hausman Family Charitable Trust reported total revenue of $279,007, total expenses of $3,232,453, and net assets of $19,265,196.
Is Hausman Family Charitable Trust's revenue growing or declining?
Hausman Family Charitable Trust's revenue is declining. Revenue went from $4,694,416 (202112) to $279,007 (202212), a -94.1% change. Based on 9 filings on record.
What is Hausman Family Charitable Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Hausman Family Charitable Trust covers tax period 202212. It shows revenue of $279,007, expenses of $3,232,453, total assets of $19,265,196, and liabilities of $1.
Is Hausman Family Charitable Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Hausman Family Charitable Trust has notable concerns. Mission Score: 20/100 (Poor). 4 red flags identified. 2 strengths noted.
What are the red flags for Hausman Family Charitable Trust?
The following concerns were identified: In 2022, the trust reported $279,007 in revenue but $3,232,453 in expenses, leading to a significant deficit without clear programmatic spending.. Despite an asset base of over $19 million in 2022, the trust consistently reports 0% of spending on programs, raising questions about its charitable impact.. The substantial decrease in assets from $33,912,067 in 2019 to $19,265,196 in 2022, coupled with minimal programmatic output, warrants further investigation.. The 'l1' designation in recent filings (2022, 2021, 2020) indicates lobbying activities, which is unusual for a trust reporting no program spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hausman Family Charitable Trust's strengths?
Positive indicators for Hausman Family Charitable Trust include: The trust maintains a substantial asset base, indicating long-term financial stability.. Consistent reporting of 0% compensation suggests a lean operational model, potentially maximizing funds for charitable purposes if directed appropriately.. These findings are derived from AI analysis of the organization's financial filings.
How does Hausman Family Charitable Trust compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting an entirely volunteer-run or externally managed structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program spending and significant expenses (e.g., $3,232,453 in 2022), what specific activities or grants constitute these expenditures, and how do they align with the trust's charitable mission?
The filings do not provide a detailed breakdown of the expenses beyond general categories. Without further information, it's unclear how these substantial expenditures contribute to charitable outcomes, especially given the lack of reported program spending.
With assets exceeding $19 million, why has the trust not engaged in direct grant-making or programmatic activities, and what is the long-term strategy for deploying these funds for charitable purposes?
The available data suggests the trust primarily functions as an asset holding entity. The strategy for future charitable deployment of these significant assets is not disclosed in the provided filings.
Filing History
IRS 990 filing history for Hausman Family Charitable Trust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Hausman Family Charitable Trust's revenue has grown by 173.8%, moving from $102K to $279K. Total assets increased by 237.6% over the same period, from $5.7M to $19.3M. Total functional expenses rose by 1131.4%, from $262K to $3.2M. In its most recent filing year (2022), Hausman Family Charitable Trust reported a deficit of $3.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $19.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $279K | $3.2M | $19.3M | $1 | — | View 990 |
| 2021 | $4.7M | $14.5M | $21.9M | $1 | — | View 990 |
| 2020 | $17.7M | $6.0M | $31.7M | $1 | — | View 990 |
| 2019 | $4.7M | $1.6M | $33.9M | $0 | — | View 990 |
| 2015 | $309K | $849K | $15.6M | $0 | — | View 990 |
| 2014 | $198K | $675K | $13.7M | $0 | — | View 990 |
| 2013 | $167K | $385K | $10.9M | $0 | — | View 990 |
| 2012 | $138K | $285K | $7.4M | $0 | — | View 990 |
| 2011 | $102K | $262K | $5.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $279K, expenses of $3.2M, and assets of $19.3M (revenue -94.1% year-over-year).
- 2021: Revenue of $4.7M, expenses of $14.5M, and assets of $21.9M (revenue -73.5% year-over-year).
- 2020: Revenue of $17.7M, expenses of $6.0M, and assets of $31.7M (revenue +279.0% year-over-year).
- 2019: Revenue of $4.7M, expenses of $1.6M, and assets of $33.9M (revenue +1414.7% year-over-year).
- 2015: Revenue of $309K, expenses of $849K, and assets of $15.6M (revenue +55.9% year-over-year).
- 2014: Revenue of $198K, expenses of $675K, and assets of $13.7M (revenue +18.6% year-over-year).
- 2013: Revenue of $167K, expenses of $385K, and assets of $10.9M (revenue +21.5% year-over-year).
- 2012: Revenue of $138K, expenses of $285K, and assets of $7.4M (revenue +35.0% year-over-year).
- 2011: Revenue of $102K, expenses of $262K, and assets of $5.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hausman Family Charitable Trust:
Data Sources and Methodology
This transparency report for Hausman Family Charitable Trust 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.