Hfpa Foundation Inc
Hfpa Foundation Inc. shows inconsistent revenue and recurring deficits, but maintains 0% officer compensation.
EIN: 134036353 · Washington, DC · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $72K |
| Program Spending | 70% |
| Net Assets | $65K |
| Transparency Score | 75/100 |
Is Hfpa Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hfpa Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Hfpa Foundation Inc
Hfpa Foundation Inc (EIN: 134036353) is a nonprofit organization based in Washington, DC, classified under NTEE code B82. The organization reported total revenue of $88K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hfpa Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hfpa Foundation Inc is a micro nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $72K |
| Surplus / Deficit | $-9,853 |
| Total Assets | $72K |
| Total Liabilities | $7K |
| Net Assets | $65K |
| Operating Margin | -15.9% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 12.0 months |
Financial Health Grade: B
In 2023, Hfpa Foundation Inc reported a deficit of $10K with expenses exceeding revenue, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hfpa Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.1% | +1270.6% | -4.5% |
| 2021 | -100.0% | -49.2% | -23.7% |
| 2020 | -38.9% | -23.6% | -12.4% |
| 2019 | +80.0% | +31.0% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1999 |
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 Hfpa Foundation 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Hfpa Foundation Inc 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:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size.
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 Hfpa Foundation Inc's IRS 990 filings:
- Inconsistent revenue generation, with significant fluctuations year-to-year (e.g., $0 in 2021 vs. $61,842 in 2023).
- Expenses frequently exceed revenue (e.g., $71,695 expenses vs. $61,842 revenue in 2023), leading to operational deficits in multiple periods.
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Hfpa Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership and efficient use of funds in this area.
- Assets have shown a general upward trend over the past decade, from $19,762 in 2015 to $71,611 in 2023, providing some financial cushion.
- Relatively low liabilities in most years (e.g., $6,885 in 2023), suggesting responsible debt management.
Frequently Asked Questions about Hfpa Foundation Inc
Is Hfpa Foundation Inc a legitimate charity?
Hfpa Foundation Inc (EIN: 134036353) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $88K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Hfpa Foundation Inc spend its money?
Hfpa Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Hfpa Foundation Inc tax-deductible?
Hfpa Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134036353). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hfpa Foundation Inc's spending goes to programs?
Hfpa Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Hfpa Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Hfpa Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hfpa Foundation Inc located?
Hfpa Foundation Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 134036353. It is classified under NTEE code B82.
How many years of IRS 990 filings does Hfpa Foundation Inc have?
Hfpa Foundation Inc has 13 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 $88K in total revenue.
Is Hfpa Foundation Inc. financially stable given its fluctuating revenue?
While assets have grown to $71,611 in 2023, the organization has experienced several years where expenses exceeded revenue (e.g., $71,695 expenses vs. $61,842 revenue in 2023), suggesting potential reliance on reserves or inconsistent funding.
What is the primary reason for the 0% officer compensation?
The consistent 0% officer compensation indicates that the organization's leadership likely operates on a volunteer basis, which is common for smaller nonprofits and contributes to lower administrative overhead.
How does Hfpa Foundation Inc. cover its expenses when revenue is low or zero, as in 2021?
In years like 2021, when revenue was $0 but expenses were $3,410, the organization likely covered these costs using accumulated assets from prior periods or through other non-revenue income sources not detailed in the summary.
Filing History
IRS 990 filing history for Hfpa Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hfpa Foundation Inc's revenue has grown by 67.8%, moving from $37K to $62K. Total assets increased by 0.1% over the same period, from $72K to $72K. Total functional expenses rose by 259.5%, from $20K to $72K. In its most recent filing year (2023), Hfpa Foundation Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $7K in liabilities against $72K in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $65K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $72K | $72K | $7K | — | — |
| 2022 | $75K | $5K | $75K | $407 | — | View 990 |
| 2021 | $0 | $3K | $7K | $1K | — | View 990 |
| 2020 | $6K | $7K | $9K | $60 | — | — |
| 2019 | $9K | $9K | $10K | $84 | — | View 990 |
| 2018 | $5K | $7K | $10K | $1 | — | View 990 |
| 2017 | $5K | $9K | $11K | $0 | — | View 990 |
| 2016 | $5K | $9K | $19K | $4K | — | View 990 |
| 2015 | $1K | $18K | $20K | $54 | — | View 990 |
| 2014 | $10K | $19K | $38K | $747 | — | View 990 |
| 2013 | $5K | $16K | $48K | $2K | — | View 990 |
| 2012 | $5K | $21K | $56K | $18 | — | View 990 |
| 2011 | $37K | $20K | $72K | $7 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $72K, and assets of $72K (revenue -17.1% year-over-year).
- 2022: Revenue of $75K, expenses of $5K, and assets of $75K.
- 2021: Revenue of $0, expenses of $3K, and assets of $7K (revenue -100.0% year-over-year).
- 2020: Revenue of $6K, expenses of $7K, and assets of $9K (revenue -38.9% year-over-year).
- 2019: Revenue of $9K, expenses of $9K, and assets of $10K (revenue +80.0% year-over-year).
- 2018: Revenue of $5K, expenses of $7K, and assets of $10K (revenue -2.0% year-over-year).
- 2017: Revenue of $5K, expenses of $9K, and assets of $11K (revenue +2.0% year-over-year).
- 2016: Revenue of $5K, expenses of $9K, and assets of $19K (revenue +400.0% year-over-year).
- 2015: Revenue of $1K, expenses of $18K, and assets of $20K (revenue -90.2% year-over-year).
- 2014: Revenue of $10K, expenses of $19K, and assets of $38K (revenue +88.2% year-over-year).
- 2013: Revenue of $5K, expenses of $16K, and assets of $48K (revenue +4.2% year-over-year).
- 2012: Revenue of $5K, expenses of $21K, and assets of $56K (revenue -85.9% year-over-year).
- 2011: Revenue of $37K, expenses of $20K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hfpa Foundation Inc:
Data Sources and Methodology
This transparency report for Hfpa 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.