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
$293KGross Revenue
$1.5MAssets
92/100Mission Score (Excellent)
T11

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Hillcrest Healthcare Foundation Financial Summary
MetricValue
Total Revenue$443K
Total Expenses$24K
Program Spending95%
Net Assets$1.2M
Transparency Score92/100

Search Intent Cockpit

Hillcrest Healthcare Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Hillcrest Healthcare Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hillcrest Healthcare Foundation in one place.

Form 990 Filing Summary

12 filing years are available, with latest revenue of $338K and expenses of $24K.

Revenue and Expenses

Hillcrest Healthcare Foundation reported $338K in revenue and $24K in expenses, a surplus of $314K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Hillcrest Healthcare Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
95%Program Expense
$0Grants Paid
12Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Hillcrest Healthcare Foundation Expense Deployment
Program services$23K (95%)

Across stored filings, Hillcrest Healthcare Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Hillcrest Healthcare Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend95% to programsExcellent
Financial durabilityGrade A12 stored filing years
Peer contextCompare with Domino's Franchisee ForumTennessee and Philanthropy context

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Hillcrest Healthcare Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

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.

Organization Overview

21Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Hillcrest Healthcare Foundation is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 33.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$338K
Total Expenses$24K
Surplus / Deficit+$314K
Total Assets$1.2M
Total Liabilities$3K
Net Assets$1.2M
Operating Margin93.0%
Debt-to-Asset Ratio0.2%
Months of Reserves626.1 months

Financial Health Grade: A

In 2023, Hillcrest Healthcare Foundation reported a surplus of $314K with revenue exceeding expenses, holds 626.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).

Financial Trends

Over 12 years of filings (2012–2023), Hillcrest Healthcare Foundation's revenue has grown at a compound annual growth rate (CAGR) of 33.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-42.9%+70.8%+17.4%
2022+155.0%+7.7%+33.2%
2021+339.5%+80.7%+52.6%
2020+281.9%+145.6%+11.3%
2019-46.6%+5.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$338KTotal Revenue
$24KTotal Expenses
$1.2MTotal Assets
$3KTotal Liabilities
$1.2MNet Assets
  • The organization reported a surplus of $314K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.2%.

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

Is Hillcrest Healthcare Foundation a legitimate charity?

Hillcrest Healthcare Foundation (EIN: 202137242) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $443K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Hillcrest Healthcare Foundation spend its money?

Hillcrest Healthcare Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Hillcrest Healthcare Foundation tax-deductible?

Hillcrest Healthcare Foundation is registered as a tax-exempt nonprofit (EIN: 202137242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Hillcrest Healthcare Foundation compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Hillcrest Healthcare Foundation is above average for NTEE category T11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hillcrest Healthcare Foundation located?

Hillcrest Healthcare Foundation is headquartered in Knoxville, Tennessee and files with the IRS under EIN 202137242. It is classified under NTEE code T11.

How many years of IRS 990 filings does Hillcrest Healthcare Foundation have?

Hillcrest Healthcare Foundation has 12 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 $443K in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer 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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hillcrest Healthcare Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

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.

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