Henderson Family Foundation
Henderson Family Foundation shows consistent asset growth and zero executive compensation over a decade.
EIN: 20513041 · Londonderry, NH · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $354K |
| Total Expenses | $26K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $540,045 |
| Net Assets | $540K |
| Transparency Score | 92/100 |
Is Henderson Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Henderson Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Henderson Family Foundation
Henderson Family Foundation (EIN: 20513041) is a nonprofit organization based in Londonderry, NH, classified under NTEE code T22. The organization reported total revenue of $354K and total assets of $552K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henderson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Henderson Family Foundation is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $26K |
| Surplus / Deficit | +$11K |
| Total Assets | $540K |
| Total Liabilities | $1 |
| Net Assets | $540K |
| Operating Margin | 30.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 250.3 months |
Financial Health Grade: A
In 2024, Henderson Family Foundation reported a surplus of $11K with revenue exceeding expenses, holds 250.3 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 (2012–2024), Henderson Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +83.4% | -26.6% | +2.2% |
| 2023 | -80.6% | +23.1% | -2.7% |
| 2022 | +148.4% | +9.6% | +16.3% |
| 2021 | +144.7% | -1.5% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Henderson Family Foundation with a Mission Score of 92 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, Henderson 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led or very lean operational model for a foundation of its asset size ($540,045).
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 Henderson Family Foundation's IRS 990 filings:
- Fluctuating annual revenue, including a negative revenue period in 201606, which could indicate reliance on volatile investment income or one-time events.
Strengths
The following positive indicators were identified for Henderson Family Foundation:
- Consistent asset growth from $442,887 in 201206 to $540,045 in 202406, indicating financial stability.
- Zero officer compensation reported across all filings, suggesting high efficiency and dedication of resources to mission.
- Extremely low liabilities, consistently reported as $1, demonstrating strong fiscal health and minimal debt.
- Consistent IRS 990 filing history (10 filings), indicating strong transparency and compliance.
Frequently Asked Questions about Henderson Family Foundation
Is Henderson Family Foundation a legitimate charity?
Henderson Family Foundation (EIN: 20513041) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $354K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Henderson Family Foundation spend its money?
Henderson Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Henderson Family Foundation tax-deductible?
Henderson Family Foundation is registered as a tax-exempt nonprofit (EIN: 20513041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Henderson Family Foundation CEO make?
Henderson Family Foundation's highest-compensated officer earns $540,045 annually. The organization reported $354K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Henderson Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Henderson Family 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 Henderson Family Foundation located?
Henderson Family Foundation is headquartered in Londonderry, New Hampshire and files with the IRS under EIN 20513041. It is classified under NTEE code T22.
How many years of IRS 990 filings does Henderson Family Foundation have?
Henderson 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 $354K in total revenue.
What are the specific programs or grants funded by the Henderson Family Foundation?
Based on the NTEE code T22 (Private Grantmaking Foundations) and the financial data, the foundation's primary 'program' is likely the distribution of grants. However, the filings do not detail specific grant recipients or program areas.
How does the foundation manage to operate with zero officer compensation?
The consistent reporting of zero officer compensation suggests that the foundation is either entirely volunteer-run at the executive level or that any administrative services are provided by external contractors or other entities, rather than salaried officers.
What caused the negative revenue of $-50,996 in the 201606 period?
A negative revenue figure often indicates investment losses or significant returns of prior year grants. Without detailed schedules from the 990, the exact cause cannot be determined, but it's a notable anomaly in the revenue history.
Filing History
IRS 990 filing history for Henderson Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Henderson Family Foundation's revenue has grown by 269.7%, moving from $10K to $37K. Total assets increased by 21.9% over the same period, from $443K to $540K. Total functional expenses rose by 20.2%, from $22K to $26K. In its most recent filing year (2024), Henderson Family Foundation reported a surplus of $11K, with revenue exceeding expenses. The organization holds $1 in liabilities against $540K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $540K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $37K | $26K | $540K | $1 | — | View 990 |
| 2023 | $20K | $35K | $529K | $1 | — | View 990 |
| 2022 | $105K | $29K | $543K | $1 | — | View 990 |
| 2021 | $42K | $26K | $467K | $1 | — | — |
| 2020 | $17K | $27K | $451K | $1 | — | View 990 |
| 2016 | $-50,996 | $31K | $436K | $1 | — | View 990 |
| 2015 | $43K | $32K | $518K | $1 | — | View 990 |
| 2014 | $78K | $27K | $508K | $1K | — | View 990 |
| 2013 | $38K | $25K | $456K | $1 | — | View 990 |
| 2012 | $10K | $22K | $443K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $37K, expenses of $26K, and assets of $540K (revenue +83.4% year-over-year).
- 2023: Revenue of $20K, expenses of $35K, and assets of $529K (revenue -80.6% year-over-year).
- 2022: Revenue of $105K, expenses of $29K, and assets of $543K (revenue +148.4% year-over-year).
- 2021: Revenue of $42K, expenses of $26K, and assets of $467K (revenue +144.7% year-over-year).
- 2020: Revenue of $17K, expenses of $27K, and assets of $451K.
- 2016: Revenue of $-50,996, expenses of $31K, and assets of $436K (revenue -219.3% year-over-year).
- 2015: Revenue of $43K, expenses of $32K, and assets of $518K (revenue -45.2% year-over-year).
- 2014: Revenue of $78K, expenses of $27K, and assets of $508K (revenue +105.7% year-over-year).
- 2013: Revenue of $38K, expenses of $25K, and assets of $456K (revenue +275.2% year-over-year).
- 2012: Revenue of $10K, expenses of $22K, and assets of $443K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Henderson Family Foundation:
Data Sources and Methodology
This transparency report for Henderson 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.