Hirsch Family Foundation
Hirsch Family Foundation maintains substantial assets while experiencing significant annual revenue and expense fluctuations.
EIN: 201225862 · Dallas, TX · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $874K |
| Total Expenses | $9.0M |
| Program Spending | 90% |
| Net Assets | $40.7M |
| Transparency Score | 85/100 |
Is Hirsch Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hirsch Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hirsch Family Foundation
Hirsch Family Foundation (EIN: 201225862) is a nonprofit organization based in Dallas, TX, classified under NTEE code T21. The organization reported total revenue of $874K and total assets of $37.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hirsch Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hirsch Family Foundation is a small nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $9.0M |
| Surplus / Deficit | $-7,778,327 |
| Total Assets | $40.7M |
| Total Liabilities | $411 |
| Net Assets | $40.7M |
| Operating Margin | -619.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 54.1 months |
Financial Health Grade: B
In 2023, Hirsch Family Foundation reported a deficit of $7.8M with expenses exceeding revenue, holds 54.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Hirsch Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -96.4% | -5.9% | -23.2% |
| 2021 | +2390.5% | +82.1% | +91.9% |
| 2020 | -57.0% | -15.9% | -12.3% |
| 2019 | +103.9% | +42.1% | +21.2% |
| 2015 | -74.9% | -28.0% | -10.5% |
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 Hirsch 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Hirsch Family Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 deficit of $7.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the foundation's leadership is unpaid, which is highly favorable for resource allocation towards its 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.
Red Flags
The following concerns were identified during AI analysis of Hirsch Family Foundation's IRS 990 filings:
- Significant year-over-year fluctuations in revenue and expenses, which could make financial planning challenging if not managed by a robust endowment.
Strengths
The following positive indicators were identified for Hirsch Family Foundation:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs.
- Substantial asset base ($40,699,050 in 2023) providing long-term financial stability.
- Low liabilities across most periods, suggesting sound financial management.
- NTEE code T21 (Private Grantmaking Foundations) aligns with observed financial patterns of a foundation.
Frequently Asked Questions about Hirsch Family Foundation
Is Hirsch Family Foundation a legitimate charity?
Hirsch Family Foundation (EIN: 201225862) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $874K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Hirsch Family Foundation spend its money?
Hirsch Family Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hirsch Family Foundation tax-deductible?
Hirsch Family Foundation is registered as a tax-exempt nonprofit (EIN: 201225862). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hirsch Family Foundation's spending goes to programs?
Hirsch Family Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hirsch Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hirsch Family Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hirsch Family Foundation located?
Hirsch Family Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 201225862. It is classified under NTEE code T21.
How many years of IRS 990 filings does Hirsch Family Foundation have?
Hirsch Family Foundation has 9 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 $874K in total revenue.
Is the Hirsch Family Foundation a good charity?
Based on the available data, the Hirsch Family Foundation appears to be a well-managed grant-making organization. Its consistent reporting of 0% officer compensation is a strong positive indicator of efficiency and dedication to its mission. The substantial asset base also suggests long-term sustainability for its philanthropic endeavors.
How does the foundation manage its expenses when revenue is low?
The foundation appears to manage expenses, even when revenue is low, by drawing from its significant asset base. For example, in 2023, expenses were $9,033,150 against revenue of $1,254,823, indicating that a substantial portion of its spending came from its existing assets of $40,699,050.
What is the primary source of the foundation's funding?
Given the large fluctuations in annual revenue and the substantial asset base, it's likely that the primary source of funding for its grant-making activities comes from investment returns on its endowment and periodic large contributions, rather than consistent annual public donations.
Filing History
IRS 990 filing history for Hirsch Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Hirsch Family Foundation's revenue has declined by 82.5%, moving from $7.2M to $1.3M. Total assets increased by 101.9% over the same period, from $20.2M to $40.7M. Total functional expenses rose by 172.8%, from $3.3M to $9.0M. In its most recent filing year (2023), Hirsch Family Foundation reported a deficit of $7.8M, with expenses exceeding revenue. The organization holds $411 in liabilities against $40.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $40.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $9.0M | $40.7M | $411 | — | — |
| 2021 | $35.0M | $9.6M | $53.0M | $1 | — | View 990 |
| 2020 | $1.4M | $5.3M | $27.6M | $1 | — | View 990 |
| 2019 | $3.3M | $6.3M | $31.5M | $1 | — | View 990 |
| 2015 | $1.6M | $4.4M | $26.0M | $1 | — | View 990 |
| 2014 | $6.4M | $6.1M | $29.0M | $1 | — | View 990 |
| 2013 | $13.4M | $3.5M | $28.5M | $1 | — | View 990 |
| 2012 | $910K | $2.9M | $20.9M | $0 | — | View 990 |
| 2011 | $7.2M | $3.3M | $20.2M | $949 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $9.0M, and assets of $40.7M (revenue -96.4% year-over-year).
- 2021: Revenue of $35.0M, expenses of $9.6M, and assets of $53.0M (revenue +2390.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $5.3M, and assets of $27.6M (revenue -57.0% year-over-year).
- 2019: Revenue of $3.3M, expenses of $6.3M, and assets of $31.5M (revenue +103.9% year-over-year).
- 2015: Revenue of $1.6M, expenses of $4.4M, and assets of $26.0M (revenue -74.9% year-over-year).
- 2014: Revenue of $6.4M, expenses of $6.1M, and assets of $29.0M (revenue -52.1% year-over-year).
- 2013: Revenue of $13.4M, expenses of $3.5M, and assets of $28.5M (revenue +1368.0% year-over-year).
- 2012: Revenue of $910K, expenses of $2.9M, and assets of $20.9M (revenue -87.3% year-over-year).
- 2011: Revenue of $7.2M, expenses of $3.3M, and assets of $20.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hirsch Family Foundation:
Data Sources and Methodology
This transparency report for Hirsch 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.