Hebron Fund Inc
Hebron Fund Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 112623719 · Brooklyn, NY · NTEE: T90Z · Updated: 2026-03-28
Is Hebron Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hebron Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hebron Fund Inc
Hebron Fund Inc (EIN: 112623719) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code T90Z. The organization reported total revenue of $4.6M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hebron Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hebron Fund Inc with a Mission Score of 75 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Hebron Fund Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with over $4 million in revenue. This could indicate a volunteer-led executive team or that compensation is categorized differently, warranting further investigation for full transparency.
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 Hebron Fund Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data
- Consistent 0% officer compensation for an organization of this size, which may obscure executive remuneration if reported elsewhere
Strengths
The following positive indicators were identified for Hebron Fund Inc:
- Consistent revenue growth over the past decade, from $1.2M in 2016 to $4.6M latest
- Healthy asset growth, reaching $1,439,979 in latest period
- Generally manages expenses within or close to revenue, indicating financial prudence (e.g., 2023 expenses $4,005,441 vs. revenue $4,172,722)
- Low liabilities relative to assets, suggesting a strong balance sheet
Frequently Asked Questions about Hebron Fund Inc
Is Hebron Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hebron Fund Inc (EIN: 112623719) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Hebron Fund Inc spend its money?
Hebron Fund Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hebron Fund Inc tax-deductible?
Hebron Fund Inc is registered as a tax-exempt nonprofit (EIN: 112623719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hebron Fund Inc allocate its expenses between programs, administration, and fundraising?
Based on the provided summary data, a detailed breakdown of functional expenses is not available. While we've estimated a breakdown, the actual percentages would require reviewing the full IRS Form 990, Part IX, Statement of Functional Expenses.
Is the 0% officer compensation accurate, or is compensation reported under other expense lines?
The provided data consistently shows 0% officer compensation. This is a notable point for an organization of this size and would typically warrant a review of the full 990 to understand if executive services are provided on a volunteer basis or if compensation is reported differently.
What is the organization's long-term strategy for managing its growing assets and revenue?
The organization has shown consistent growth in both revenue and assets over the past decade. While the data indicates financial stability, the specific long-term strategy for managing this growth is not detailed in the provided summary.
Filing History
IRS 990 filing history for Hebron Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hebron Fund Inc's revenue has grown by 305.1%, moving from $1.0M to $4.2M. Total assets increased by 322.1% over the same period, from $282K to $1.2M. Total functional expenses rose by 321%, from $951K to $4.0M. In its most recent filing year (2023), Hebron Fund Inc reported a surplus of $167K, with revenue exceeding expenses. The organization holds $255K in liabilities against $1.2M in assets (debt-to-asset ratio: 21.5%), resulting in net assets of $934K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $4.0M | $1.2M | $255K | — | — |
| 2022 | $3.4M | $3.6M | $1.1M | $312K | — | — |
| 2021 | $2.6M | $2.3M | $1.2M | $245K | — | View 990 |
| 2020 | $2.9M | $2.6M | $835K | $197K | — | View 990 |
| 2019 | $2.4M | $2.4M | $441K | $66K | — | View 990 |
| 2018 | $2.3M | $2.2M | $453K | $29K | — | View 990 |
| 2017 | $2.2M | $2.1M | $335K | $11K | — | — |
| 2016 | $1.2M | $1.4M | $267K | $20K | — | View 990 |
| 2015 | $1.8M | $2.3M | $400K | $5K | — | View 990 |
| 2014 | $2.2M | $1.6M | $888K | $5K | — | View 990 |
| 2013 | $2.3M | $2.2M | $266K | $5K | — | View 990 |
| 2012 | $960K | $1.0M | $188K | $5K | — | View 990 |
| 2011 | $1.0M | $951K | $282K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $4.0M, and assets of $1.2M (revenue +23.7% year-over-year).
- 2022: Revenue of $3.4M, expenses of $3.6M, and assets of $1.1M (revenue +30.1% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.3M, and assets of $1.2M (revenue -10.1% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.6M, and assets of $835K (revenue +20.7% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.4M, and assets of $441K (revenue +5.8% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.2M, and assets of $453K (revenue +3.1% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.1M, and assets of $335K (revenue +77.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.4M, and assets of $267K (revenue -32.9% year-over-year).
- 2015: Revenue of $1.8M, expenses of $2.3M, and assets of $400K (revenue -18.2% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.6M, and assets of $888K (revenue -0.5% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.2M, and assets of $266K (revenue +135.3% year-over-year).
- 2012: Revenue of $960K, expenses of $1.0M, and assets of $188K (revenue -6.8% year-over-year).
- 2011: Revenue of $1.0M, expenses of $951K, and assets of $282K.
Data Sources and Methodology
This transparency report for Hebron Fund 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.