Hiller Family Foundation Inc

Hiller Family Foundation shows volatile revenue and consistent expenses, often operating at a deficit.

EIN: 200849460 · Warren, NJ · NTEE: T20 · Updated: 2026-03-28

$403KRevenue

$341KAssets

65/100Mission Score (Good)

T20

About Hiller Family Foundation Inc

Hiller Family Foundation Inc (EIN: 200849460) is a nonprofit organization based in Warren, NJ, classified under NTEE code T20. The organization reported total revenue of $403K and total assets of $341K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hiller Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Hiller Family Foundation Inc. exhibits inconsistent financial activity, with revenue fluctuating significantly year-over-year, from a low of $1 in 2015 and 2013 to a high of $350,000 in 2014 and $326,116 in 2022. Expenses have remained relatively stable, generally ranging between $110,100 and $187,273 annually, often exceeding revenue. For instance, in 2023, the organization reported only $3,221 in revenue against $138,451 in expenses, indicating a substantial deficit. This pattern suggests reliance on prior year assets or external funding beyond reported annual revenue to cover operational costs.

The organization's financial health appears to be sustained by its asset base, which has fluctuated but generally remained above $100,000 in recent years, reaching $306,885 in 2022. However, the consistent trend of expenses often outstripping revenue raises questions about long-term sustainability if this pattern continues without significant revenue growth. The lack of reported officer compensation across all filings indicates a volunteer-led or minimally compensated leadership structure, which can be a positive sign for donor confidence regarding administrative efficiency.

Regarding transparency, the consistent filing of IRS Form 990s over ten periods demonstrates a commitment to public disclosure. The absence of reported liabilities (often $1) across most filings suggests a healthy balance sheet without significant debt. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, implying that most expenses should ideally be program-related grants.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hiller Family Foundation Inc with a Mission Score of 65 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Hiller Family Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive for minimizing administrative overhead.

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 Hiller Family Foundation Inc's IRS 990 filings:

Consistent annual deficits where expenses frequently exceed revenue, as seen in 2023 ($3,221 revenue vs. $138,451 expenses).
Highly volatile revenue streams, making financial planning and sustainability uncertain.
Significant decrease in assets from $306,885 in 2022 to $171,655 in 2023, potentially due to covering deficits.

Strengths

The following positive indicators were identified for Hiller Family Foundation Inc:

Zero reported officer compensation across all filings, indicating efficient use of funds for leadership.
Consistent filing of IRS Form 990s, demonstrating transparency.
Minimal reported liabilities, suggesting a healthy balance sheet without significant debt.

Frequently Asked Questions about Hiller Family Foundation Inc

How does the Hiller Family Foundation cover its consistent expenses when annual revenue is often significantly lower?

The organization likely draws from its accumulated assets to cover operational expenses, as seen in periods like 2023 ($3,221 revenue vs. $138,451 expenses) and 2020 ($34,719 revenue vs. $155,378 expenses), where expenses far exceeded incoming revenue.

What is the primary purpose of the Hiller Family Foundation's expenditures, given its NTEE code T20?

As a grantmaking foundation (NTEE T20), the majority of its expenses are expected to be in the form of grants to other organizations or individuals, which would be considered program spending.

What caused the significant revenue fluctuations, such as $1 in 2013 and 2015 versus $350,000 in 2014?

Such extreme fluctuations could be due to large, infrequent donations, specific grant cycles, or investment income that varies significantly year-to-year. Without more detailed financial statements, the exact cause is unclear.

Filing History

IRS 990 filing history for Hiller Family Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Hiller Family Foundation Inc's revenue has declined by 93.7%, moving from $51K to $3K. Total assets decreased by 18.4% over the same period, from $210K to $172K. Total functional expenses rose by 12.9%, from $123K to $138K. In its most recent filing year (2023), Hiller Family Foundation Inc reported a deficit of $135K, with expenses exceeding revenue. The organization holds $1 in liabilities against $172K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $172K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3K	$138K	$172K	$1	—	View 990
2022	$326K	$123K	$307K	$1	—	View 990
2021	$163K	$158K	$104K	$1	—	View 990
2020	$35K	$155K	$99K	$1	—	View 990
2019	$7K	$167K	$220K	$1	—	View 990
2015	$1	$89K	$98K	$1	—	View 990
2014	$350K	$187K	$187K	$1	—	View 990
2013	$1	$132K	$24K	$1	—	View 990
2012	$56K	$110K	$156K	$1	—	View 990
2011	$51K	$123K	$210K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3K, expenses of $138K, and assets of $172K (revenue -99.0% year-over-year).
2022: Revenue of $326K, expenses of $123K, and assets of $307K (revenue +100.4% year-over-year).
2021: Revenue of $163K, expenses of $158K, and assets of $104K (revenue +368.8% year-over-year).
2020: Revenue of $35K, expenses of $155K, and assets of $99K (revenue +390.2% year-over-year).
2019: Revenue of $7K, expenses of $167K, and assets of $220K (revenue +708100.0% year-over-year).
2015: Revenue of $1, expenses of $89K, and assets of $98K (revenue -100.0% year-over-year).
2014: Revenue of $350K, expenses of $187K, and assets of $187K (revenue +34999900.0% year-over-year).
2013: Revenue of $1, expenses of $132K, and assets of $24K (revenue -100.0% year-over-year).
2012: Revenue of $56K, expenses of $110K, and assets of $156K (revenue +8.3% year-over-year).
2011: Revenue of $51K, expenses of $123K, and assets of $210K.

Data Sources and Methodology

This transparency report for Hiller Family 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.