Hobey Baker Memorial Award Foundation
EIN: 411721288 · Eden Prairie, MN · NTEE: B99Z
| Metric | Value |
|---|---|
| Total Revenue | $308K |
| Total Expenses | $106K |
| Net Assets | $461K |
Is Hobey Baker Memorial Award Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hobey Baker Memorial Award Foundation
Hobey Baker Memorial Award Foundation (EIN: 411721288) is a nonprofit organization based in Eden Prairie, MN, classified under NTEE code B99Z. The organization reported total revenue of $308K and total assets of $467K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hobey Baker Memorial Award Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hobey Baker Memorial Award Foundation is a small nonprofit that has been operating for 34 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $106K |
| Surplus / Deficit | +$62K |
| Total Assets | $461K |
| Net Assets | $461K |
| Operating Margin | 37.0% |
| Months of Reserves | 52.3 months |
Financial Health Grade: A
In 2024, Hobey Baker Memorial Award Foundation reported a surplus of $62K with revenue exceeding expenses, holds 52.3 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Hobey Baker Memorial Award Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.0% | +37.5% | +15.6% |
| 2023 | +59.7% | +46.3% | +27.6% |
| 2022 | -2.1% | -7.6% | +18.8% |
| 2021 | -34.8% | -17.5% | +22.0% |
| 2020 | +20.8% | -26.0% | +73.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hobey Baker Memorial Award Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hobey Baker Memorial Award Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $62K, with revenue exceeding expenses.
Frequently Asked Questions about Hobey Baker Memorial Award Foundation
Is Hobey Baker Memorial Award Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hobey Baker Memorial Award Foundation (EIN: 411721288) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hobey Baker Memorial Award Foundation spend its money?
Detailed spending breakdown data is not yet available for Hobey Baker Memorial Award Foundation. Check back for updated IRS 990 analysis.
Are donations to Hobey Baker Memorial Award Foundation tax-deductible?
Hobey Baker Memorial Award Foundation is registered as a tax-exempt nonprofit (EIN: 411721288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hobey Baker Memorial Award Foundation located?
Hobey Baker Memorial Award Foundation is headquartered in Eden Prairie, Minnesota and files with the IRS under EIN 411721288. It is classified under NTEE code B99Z.
How many years of IRS 990 filings does Hobey Baker Memorial Award Foundation have?
Hobey Baker Memorial Award Foundation has 14 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 $308K in total revenue.
Filing History
IRS 990 filing history for Hobey Baker Memorial Award Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Hobey Baker Memorial Award Foundation's revenue has declined by 20.5%, moving from $211K to $168K. Total assets increased by 337.2% over the same period, from $105K to $461K. Total functional expenses fell by 35.4%, from $164K to $106K. In its most recent filing year (2024), Hobey Baker Memorial Award Foundation reported a surplus of $62K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $168K | $106K | $461K | $0 | — | — |
| 2023 | $163K | $77K | $399K | $0 | — | View 990 |
| 2022 | $102K | $53K | $313K | $0 | — | View 990 |
| 2021 | $104K | $57K | $263K | $0 | — | — |
| 2020 | $160K | $69K | $216K | $0 | — | — |
| 2019 | $133K | $93K | $124K | $0 | — | View 990 |
| 2018 | $104K | $89K | $85K | $0 | — | View 990 |
| 2017 | $105K | $134K | $67K | $623 | — | View 990 |
| 2016 | $121K | $107K | $84K | $792 | — | View 990 |
| 2015 | $128K | $118K | $65K | $6K | — | View 990 |
| 2014 | $169K | $207K | $50K | $1K | — | View 990 |
| 2013 | $115K | $127K | $87K | $1K | — | View 990 |
| 2012 | $182K | $187K | $99K | $1K | — | View 990 |
| 2011 | $211K | $164K | $105K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $168K, expenses of $106K, and assets of $461K (revenue +3.0% year-over-year).
- 2023: Revenue of $163K, expenses of $77K, and assets of $399K (revenue +59.7% year-over-year).
- 2022: Revenue of $102K, expenses of $53K, and assets of $313K (revenue -2.1% year-over-year).
- 2021: Revenue of $104K, expenses of $57K, and assets of $263K (revenue -34.8% year-over-year).
- 2020: Revenue of $160K, expenses of $69K, and assets of $216K (revenue +20.8% year-over-year).
- 2019: Revenue of $133K, expenses of $93K, and assets of $124K (revenue +27.5% year-over-year).
- 2018: Revenue of $104K, expenses of $89K, and assets of $85K (revenue -0.6% year-over-year).
- 2017: Revenue of $105K, expenses of $134K, and assets of $67K (revenue -13.9% year-over-year).
- 2016: Revenue of $121K, expenses of $107K, and assets of $84K (revenue -5.2% year-over-year).
- 2015: Revenue of $128K, expenses of $118K, and assets of $65K (revenue -24.3% year-over-year).
- 2014: Revenue of $169K, expenses of $207K, and assets of $50K (revenue +47.4% year-over-year).
- 2013: Revenue of $115K, expenses of $127K, and assets of $87K (revenue -36.8% year-over-year).
- 2012: Revenue of $182K, expenses of $187K, and assets of $99K (revenue -14.1% year-over-year).
- 2011: Revenue of $211K, expenses of $164K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hobey Baker Memorial Award Foundation:
Data Sources and Methodology
This transparency report for Hobey Baker Memorial Award 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.