Hillcrest Healthcare Foundation

Hillcrest Healthcare Foundation consistently retains over 90% of its revenue, showing strong asset growth and minimal expenses.

EIN: 202137242 · Knoxville, TN · NTEE: T11 · Updated: 2026-03-28

$443KRevenue

$1.5MAssets

92/100Mission Score (Excellent)

T11

About Hillcrest Healthcare Foundation

Hillcrest Healthcare Foundation (EIN: 202137242) is a nonprofit organization based in Knoxville, TN, classified under NTEE code T11. The organization reported total revenue of $443K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hillcrest Healthcare Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hillcrest Healthcare Foundation demonstrates strong financial health and efficiency, particularly in its program spending. Over the past five years, the organization has consistently maintained very low expense ratios relative to its revenue, indicating that a significant portion of its income is retained and likely directed towards its mission or asset growth. For example, in 2023, with revenue of $337,788, expenses were only $23,708, representing an expense ratio of approximately 7%. This trend is consistent across multiple years, such as in 2022 where expenses were $13,881 against $591,515 in revenue, an even lower 2.3% expense ratio.

The foundation's assets have shown substantial growth, increasing from $375,338 in 2014 to $1,237,033 in 2023, reflecting effective financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice, combined with minimal liabilities, paints a picture of a financially sound and responsibly managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hillcrest Healthcare 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Hillcrest Healthcare Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly favorable for directing resources to the organization's mission.

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 Hillcrest Healthcare Foundation:

Extremely low expense ratio relative to revenue (e.g., 7% in 2023, 2.3% in 2022).
Consistent asset growth, increasing from $375,338 in 2014 to $1,237,033 in 2023.
0% officer compensation reported across all filings, indicating high resource allocation to mission.
Minimal liabilities reported, suggesting strong financial stability.
Strong financial health with significant revenue generation and asset accumulation.

Frequently Asked Questions about Hillcrest Healthcare Foundation

How does Hillcrest Healthcare Foundation manage to have such low expenses relative to its revenue?

The filings consistently show very low expense figures compared to revenue. For instance, in 2023, expenses were $23,708 against $337,788 in revenue, suggesting a highly efficient operational model, potentially relying on volunteer efforts or minimal overhead costs.

What is the primary use of the accumulated assets given the low expenses?

Given the significant asset growth from $375,338 in 2014 to $1,237,033 in 2023 and consistently low expenses, it is likely that the foundation is building an endowment or reserves to support future healthcare initiatives, rather than spending heavily on immediate programs.

Is the 0% officer compensation sustainable for the organization's long-term operations?

While 0% officer compensation is excellent for resource allocation, it suggests that leadership roles might be volunteer-based or compensated through other means not reported as officer compensation. This model can be sustainable if the organization has a strong volunteer base or if its operational needs are minimal.

Filing History

IRS 990 filing history for Hillcrest Healthcare Foundation showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Hillcrest Healthcare Foundation's revenue has grown by 2276.3%, moving from $14K to $338K. Total assets increased by 199.8% over the same period, from $413K to $1.2M. Total functional expenses fell by 24.8%, from $32K to $24K. In its most recent filing year (2023), Hillcrest Healthcare Foundation reported a surplus of $314K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$338K	$24K	$1.2M	$3K	—	—
2022	$592K	$14K	$1.1M	$0	—	View 990
2021	$232K	$13K	$791K	$0	—	View 990
2020	$53K	$7K	$518K	$0	—	View 990
2019	$14K	$3K	$466K	$0	—	View 990
2018	$26K	$0	$442K	$0	—	View 990
2017	$13K	$908	$420K	$0	—	View 990
2016	$9K	$9K	$391K	$0	—	View 990
2015	$17K	$9K	$382K	$0	—	View 990
2014	$11K	$13K	$375K	$0	—	View 990
2013	$15K	$55K	$370K	$0	—	View 990
2012	$14K	$32K	$413K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $338K, expenses of $24K, and assets of $1.2M (revenue -42.9% year-over-year).
2022: Revenue of $592K, expenses of $14K, and assets of $1.1M (revenue +155.0% year-over-year).
2021: Revenue of $232K, expenses of $13K, and assets of $791K (revenue +339.5% year-over-year).
2020: Revenue of $53K, expenses of $7K, and assets of $518K (revenue +281.9% year-over-year).
2019: Revenue of $14K, expenses of $3K, and assets of $466K (revenue -46.6% year-over-year).
2018: Revenue of $26K, expenses of $0, and assets of $442K (revenue +99.0% year-over-year).
2017: Revenue of $13K, expenses of $908, and assets of $420K (revenue +51.6% year-over-year).
2016: Revenue of $9K, expenses of $9K, and assets of $391K (revenue -50.4% year-over-year).
2015: Revenue of $17K, expenses of $9K, and assets of $382K (revenue +54.7% year-over-year).
2014: Revenue of $11K, expenses of $13K, and assets of $375K (revenue -23.6% year-over-year).
2013: Revenue of $15K, expenses of $55K, and assets of $370K (revenue +2.9% year-over-year).
2012: Revenue of $14K, expenses of $32K, and assets of $413K.

Data Sources and Methodology

This transparency report for Hillcrest Healthcare 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.