Hess Foundation Inc
EIN: 455480925 · Frederick, MD · NTEE: T99
| Metric | Value |
|---|---|
| Total Revenue | $100K |
| Total Expenses | $144K |
| Net Assets | $16K |
Is Hess Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hess Foundation Inc
Hess Foundation Inc (EIN: 455480925) is a nonprofit organization based in Frederick, MD, classified under NTEE code T99. The organization reported total revenue of $100K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hess Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hess Foundation Inc is a small nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2014–2015). Revenue has grown at a compound annual rate of -65.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $45K |
| Total Expenses | $144K |
| Surplus / Deficit | $-99,186 |
| Total Assets | $16K |
| Total Liabilities | $1 |
| Net Assets | $16K |
| Operating Margin | -220.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2015, Hess Foundation Inc reported a deficit of $99K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2014–2015), Hess Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -65.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -65.4% | +848.6% | -86.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hess Foundation Inc 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 Hess Foundation Inc 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $99K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Hess Foundation Inc
Is Hess Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hess Foundation Inc (EIN: 455480925) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hess Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Hess Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Hess Foundation Inc tax-deductible?
Hess Foundation Inc is registered as a tax-exempt nonprofit (EIN: 455480925). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hess Foundation Inc located?
Hess Foundation Inc is headquartered in Frederick, Maryland and files with the IRS under EIN 455480925. It is classified under NTEE code T99.
How many years of IRS 990 filings does Hess Foundation Inc have?
Hess Foundation Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $100K in total revenue.
Filing History
IRS 990 filing history for Hess Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2015), Hess Foundation Inc's revenue has declined by 65.4%, moving from $130K to $45K. Total assets decreased by 86.4% over the same period, from $115K to $16K. Total functional expenses rose by 848.6%, from $15K to $144K. In its most recent filing year (2015), Hess Foundation Inc reported a deficit of $99K, with expenses exceeding revenue. The organization holds $1 in liabilities against $16K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $45K | $144K | $16K | $1 | — | View 990 |
| 2014 | $130K | $15K | $115K | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hess Foundation Inc:
Data Sources and Methodology
This transparency report for Hess Foundation 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.