Hilary And Ralph Goodwin Family Foundation
Hilary And Ralph Goodwin Family Foundation consistently operates with volunteer leadership and modest assets.
EIN: 200072054 · Sheridan, WY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $40K |
| Program Spending | 90% |
| Net Assets | $16K |
| Transparency Score | 85/100 |
Is Hilary And Ralph Goodwin Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hilary And Ralph Goodwin Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hilary And Ralph Goodwin Family Foundation
Hilary And Ralph Goodwin Family Foundation (EIN: 200072054) is a nonprofit organization based in Sheridan, WY, classified under NTEE code T20. The organization reported total revenue of $20K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hilary And Ralph Goodwin Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hilary And Ralph Goodwin Family Foundation is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $40K |
| Surplus / Deficit | +$2K |
| Total Assets | $16K |
| Total Liabilities | $1 |
| Net Assets | $16K |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, Hilary And Ralph Goodwin Family Foundation reported a surplus of $2K with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Hilary And Ralph Goodwin Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.2% | +8.1% | +13.4% |
| 2022 | +0.4% | +4.3% | +34.3% |
| 2021 | +99.7% | +4.3% | +90.7% |
| 2020 | -50.2% | -1.5% | -71.4% |
| 2019 | +60.7% | +7.7% | +1099.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Hilary And Ralph Goodwin Family Foundation with a Mission Score of 85 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, Hilary And Ralph Goodwin 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the foundation is run by unpaid volunteers, 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.
Strengths
The following positive indicators were identified for Hilary And Ralph Goodwin Family Foundation:
- Consistent zero officer compensation, indicating volunteer leadership and efficient use of funds.
- Minimal liabilities ($1 across most filings), suggesting sound financial management.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
- Stable, albeit modest, asset base with recent growth from $5,440 in 2020 to $15,791 in 2023.
Frequently Asked Questions about Hilary And Ralph Goodwin Family Foundation
Is Hilary And Ralph Goodwin Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hilary And Ralph Goodwin Family Foundation (EIN: 200072054) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Hilary And Ralph Goodwin Family Foundation spend its money?
Hilary And Ralph Goodwin Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hilary And Ralph Goodwin Family Foundation tax-deductible?
Hilary And Ralph Goodwin Family Foundation is registered as a tax-exempt nonprofit (EIN: 200072054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hilary And Ralph Goodwin Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hilary And Ralph Goodwin Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hilary And Ralph Goodwin Family Foundation located?
Hilary And Ralph Goodwin Family Foundation is headquartered in Sheridan, Wyoming and files with the IRS under EIN 200072054. It is classified under NTEE code T20.
How many years of IRS 990 filings does Hilary And Ralph Goodwin Family Foundation have?
Hilary And Ralph Goodwin 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 $20K in total revenue.
What are the specific programs or grants funded by the foundation?
The provided data does not detail specific programs or grant recipients. Further investigation into the full 990 forms would be necessary to understand the foundation's charitable distributions.
How does the foundation manage its asset growth and investment strategy?
While assets have fluctuated, showing growth from $5,440 in 2020 to $15,791 in 2023, the provided data does not offer insights into the foundation's investment strategy or how it manages its asset base.
What is the typical size of grants or distributions made by the foundation?
The summary data does not provide details on the size or number of grants. This information would be available in the full IRS 990 filings, typically in Schedule I.
Filing History
IRS 990 filing history for Hilary And Ralph Goodwin Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hilary And Ralph Goodwin Family Foundation's revenue has grown by 107.1%, moving from $20K to $41K. Total assets increased by 371.4% over the same period, from $3K to $16K. Total functional expenses rose by 78.4%, from $22K to $40K. In its most recent filing year (2023), Hilary And Ralph Goodwin Family Foundation reported a surplus of $2K, with revenue exceeding expenses. 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. % | |
|---|---|---|---|---|---|---|
| 2023 | $41K | $40K | $16K | $1 | — | — |
| 2022 | $40K | $37K | $14K | $1 | — | View 990 |
| 2021 | $40K | $35K | $10K | $1 | — | — |
| 2020 | $20K | $34K | $5K | $1 | — | — |
| 2019 | $40K | $34K | $19K | $1 | — | View 990 |
| 2015 | $25K | $32K | $2K | $1 | — | View 990 |
| 2014 | $30K | $24K | $8K | $1 | — | View 990 |
| 2013 | $20K | $20K | $2K | $1 | — | View 990 |
| 2012 | $19K | $21K | $2K | $0 | — | View 990 |
| 2011 | $20K | $22K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41K, expenses of $40K, and assets of $16K (revenue +3.2% year-over-year).
- 2022: Revenue of $40K, expenses of $37K, and assets of $14K (revenue +0.4% year-over-year).
- 2021: Revenue of $40K, expenses of $35K, and assets of $10K (revenue +99.7% year-over-year).
- 2020: Revenue of $20K, expenses of $34K, and assets of $5K (revenue -50.2% year-over-year).
- 2019: Revenue of $40K, expenses of $34K, and assets of $19K (revenue +60.7% year-over-year).
- 2015: Revenue of $25K, expenses of $32K, and assets of $2K (revenue -16.7% year-over-year).
- 2014: Revenue of $30K, expenses of $24K, and assets of $8K (revenue +50.0% year-over-year).
- 2013: Revenue of $20K, expenses of $20K, and assets of $2K (revenue +3.9% year-over-year).
- 2012: Revenue of $19K, expenses of $21K, and assets of $2K (revenue -3.8% year-over-year).
- 2011: Revenue of $20K, expenses of $22K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hilary And Ralph Goodwin Family Foundation:
Data Sources and Methodology
This transparency report for Hilary And Ralph Goodwin 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.