Hazel Dell Foundation

Hazel Dell Foundation consistently spends more than it earns, drawing down assets.

EIN: 136161744 · Westport, CT · NTEE: T22 · Updated: 2026-03-28

$62KRevenue
$1.5MAssets
65/100Mission Score (Good)
T22
Hazel Dell Foundation Financial Summary
MetricValue
Total Revenue$62K
Total Expenses$123K
Program Spending70%
Net Assets$1.4M
Transparency Score65/100

Is Hazel Dell Foundation Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hazel Dell Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Hazel Dell Foundation

Hazel Dell Foundation (EIN: 136161744) is a nonprofit organization based in Westport, CT, classified under NTEE code T22. The organization reported total revenue of $62K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hazel Dell Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

8Years Operating
MicroSize Classification
8Years of Filings
MixedRevenue Trajectory

Hazel Dell Foundation is a micro nonprofit that has been operating for 8 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$54K
Total Expenses$123K
Surplus / Deficit$-69,294
Total Assets$1.4M
Total Liabilities$1
Net Assets$1.4M
Operating Margin-129.0%
Debt-to-Asset Ratio0.0%
Months of Reserves138.0 months

Financial Health Grade: B

In 2023, Hazel Dell Foundation reported a deficit of $69K with expenses exceeding revenue, holds 138.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 8 years of filings (2011–2023), Hazel Dell Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+7.7%+-0.0%-4.2%
2022+5.7%+4.9%+3.6%
2021-10.4%-10.5%-2.3%
2020+1.2%+17.0%-4.1%
2019-17.4%+65.1%-7.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2018

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Hazel Dell Foundation appears to be a grant-making organization, as indicated by its NTEE code T22 (Private Grantmaking Foundations). Its financial health shows a consistent pattern of expenses exceeding revenue in recent years. For instance, in 2023, revenue was $53,725 while expenses were $123,019, resulting in a deficit. This trend is observed across all recent filings, suggesting the organization is drawing down its assets to cover operational costs or grant disbursements. Despite these deficits, the organization maintains substantial assets, reported at $1,414,529 in 2023, which provides a buffer. However, the consistent negative operating margin is a concern for long-term sustainability if not addressed by increased revenue or reduced spending. Regarding spending efficiency, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely determine program versus administrative costs. However, the consistent deficits suggest that the organization's current operational model is not self-sustaining through its revenue streams alone. The absence of officer compensation across all reported periods indicates a lean executive structure, which is a positive sign for minimizing administrative overhead related to salaries. The organization's transparency is generally good, with consistent annual filings available, but more detailed expense breakdowns would enhance understanding of its spending efficiency. Overall, while the foundation has significant assets and no reported officer compensation, its ongoing operational deficits, where expenses are consistently double its revenue, warrant closer examination. This pattern suggests a reliance on its endowment rather than generating sufficient annual income to cover its activities. While this can be a valid strategy for foundations, the magnitude of the deficit relative to revenue is notable.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hazel Dell Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Hazel Dell Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$54KTotal Revenue
$123KTotal Expenses
$1.4MTotal Assets
$1Total Liabilities
$1.4MNet Assets
  • The organization reported a deficit of $69K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive for minimizing administrative salary overhead.

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 Hazel Dell Foundation's IRS 990 filings:

  • Consistent operational deficits (expenses significantly exceeding revenue) across multiple years, e.g., $123,019 expenses vs. $53,725 revenue in 2023.
  • Declining asset base over the long term, from $1,649,246 in 2012 to $1,414,529 in 2023, indicating asset drawdowns.

Strengths

The following positive indicators were identified for Hazel Dell Foundation:

  • Substantial asset base ($1,498,069 latest reported) provides financial stability despite operational deficits.
  • No reported officer compensation, indicating efficient use of funds regarding executive salaries.
  • Consistent IRS 990 filing history demonstrates good transparency.

Frequently Asked Questions about Hazel Dell Foundation

Is Hazel Dell Foundation a legitimate charity?

Hazel Dell Foundation (EIN: 136161744) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 8 years of IRS 990 filings on record. Total revenue: $62K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Hazel Dell Foundation spend its money?

Hazel Dell Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Hazel Dell Foundation tax-deductible?

Hazel Dell Foundation is registered as a tax-exempt nonprofit (EIN: 136161744). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Hazel Dell Foundation's spending goes to programs?

Hazel Dell Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Hazel Dell Foundation compare to similar nonprofits?

With a transparency score of 65/100 (Good), Hazel Dell Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hazel Dell Foundation located?

Hazel Dell Foundation is headquartered in Westport, Connecticut and files with the IRS under EIN 136161744. It is classified under NTEE code T22.

How many years of IRS 990 filings does Hazel Dell Foundation have?

Hazel Dell Foundation has 8 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 $62K in total revenue.

Is Hazel Dell Foundation financially sustainable in the long term?

The foundation has consistently reported expenses significantly exceeding its revenue in recent years (e.g., $123,019 expenses vs. $53,725 revenue in 2023). While it possesses substantial assets ($1,414,529 in 2023), this pattern suggests a reliance on drawing down its endowment, which is not sustainable indefinitely without a change in revenue or spending.

What is the primary use of the foundation's funds?

Based on its NTEE code (T22 - Private Grantmaking Foundations) and the consistent expenses, it is highly probable that the majority of its funds are disbursed as grants to other organizations or individuals, though specific grant details are not provided in the summary data.

Why are expenses consistently higher than revenue?

This could be due to a strategic decision to disburse more funds than generated in a given year, potentially to meet specific grant commitments or to spend down a portion of the endowment. It could also indicate insufficient investment returns or fundraising efforts to cover operational and grant-making activities.

Filing History

IRS 990 filing history for Hazel Dell Foundation showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2011–2023), Hazel Dell Foundation's revenue has declined by 13.7%, moving from $62K to $54K. Total assets decreased by 13.6% over the same period, from $1.6M to $1.4M. Total functional expenses rose by 70.3%, from $72K to $123K. In its most recent filing year (2023), Hazel Dell Foundation reported a deficit of $69K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $54K $123K $1.4M $1
2022 $50K $123K $1.5M $1 View 990
2021 $47K $117K $1.4M $1 View 990
2020 $53K $131K $1.5M $15K
2019 $52K $112K $1.5M $40K
2013 $63K $68K $1.6M $0 View 990
2012 $59K $82K $1.6M $0 View 990
2011 $62K $72K $1.6M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $54K, expenses of $123K, and assets of $1.4M (revenue +7.7% year-over-year).
  • 2022: Revenue of $50K, expenses of $123K, and assets of $1.5M (revenue +5.7% year-over-year).
  • 2021: Revenue of $47K, expenses of $117K, and assets of $1.4M (revenue -10.4% year-over-year).
  • 2020: Revenue of $53K, expenses of $131K, and assets of $1.5M (revenue +1.2% year-over-year).
  • 2019: Revenue of $52K, expenses of $112K, and assets of $1.5M (revenue -17.4% year-over-year).
  • 2013: Revenue of $63K, expenses of $68K, and assets of $1.6M (revenue +6.1% year-over-year).
  • 2012: Revenue of $59K, expenses of $82K, and assets of $1.6M (revenue -4.6% year-over-year).
  • 2011: Revenue of $62K, expenses of $72K, and assets of $1.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hazel Dell Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hazel Dell 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.

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