Hoegemeyer Family Foundation
Hoegemeyer Family Foundation maintains over $1 million in assets with no officer compensation reported.
EIN: 201473035 · Lincoln, NE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $559K |
| Total Expenses | $61K |
| Program Spending | 90% |
| Net Assets | $1.1M |
| Transparency Score | 90/100 |
Is Hoegemeyer Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hoegemeyer Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hoegemeyer Family Foundation
Hoegemeyer Family Foundation (EIN: 201473035) is a nonprofit organization based in Lincoln, NE, classified under NTEE code T20. The organization reported total revenue of $559K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoegemeyer Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoegemeyer Family Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $61K |
| Surplus / Deficit | $-694 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 210.5 months |
Financial Health Grade: B
In 2023, Hoegemeyer Family Foundation reported a deficit of $694 with expenses exceeding revenue, holds 210.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Hoegemeyer Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.2% | -3.4% | +2.5% |
| 2022 | -31.9% | -17.2% | -17.1% |
| 2021 | +268.9% | +75.6% | +9.5% |
| 2020 | -31.5% | -27.7% | +8.4% |
| 2019 | +241.1% | +57.3% | +354.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Hoegemeyer Family Foundation with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Hoegemeyer Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $694, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Hoegemeyer Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership serves without pay, which significantly reduces administrative overhead for the organization.
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 Hoegemeyer Family Foundation:
- Strong asset base, consistently over $1 million in recent years (e.g., $1,065,990 in 2023).
- Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Minimal liabilities ($1 across all filings), demonstrating excellent financial health and low debt.
- Consistent IRS 990 filing history over a decade, indicating strong transparency.
- Positive net assets growth over the long term, from $222,071 in 2011 to $1,065,990 in 2023.
Frequently Asked Questions about Hoegemeyer Family Foundation
Is Hoegemeyer Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hoegemeyer Family Foundation (EIN: 201473035) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Hoegemeyer Family Foundation spend its money?
Hoegemeyer Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hoegemeyer Family Foundation tax-deductible?
Hoegemeyer Family Foundation is registered as a tax-exempt nonprofit (EIN: 201473035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hoegemeyer Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Hoegemeyer Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hoegemeyer Family Foundation located?
Hoegemeyer Family Foundation is headquartered in Lincoln, Nebraska and files with the IRS under EIN 201473035. It is classified under NTEE code T20.
How many years of IRS 990 filings does Hoegemeyer Family Foundation have?
Hoegemeyer Family Foundation has 10 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 $559K in total revenue.
Is the Hoegemeyer Family Foundation financially stable?
Yes, the foundation is financially stable, consistently holding over $1 million in assets in recent years (e.g., $1,065,990 in 2023) with minimal liabilities ($1).
Does the Hoegemeyer Family Foundation pay its executives?
No, the foundation has reported 0% officer compensation in all available IRS 990 filings, suggesting executives serve on an unpaid basis.
What is the Hoegemeyer Family Foundation's spending efficiency?
The foundation appears highly efficient, with no reported officer compensation and minimal liabilities, suggesting a high proportion of expenses are directed towards its charitable programs.
How has the foundation's asset base changed over time?
The foundation's assets have grown significantly, from $222,071 in 2011 to $1,065,990 in 2023, demonstrating long-term financial growth and stability.
Filing History
IRS 990 filing history for Hoegemeyer Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hoegemeyer Family Foundation's revenue has declined by 18.6%, moving from $74K to $60K. Total assets increased by 380% over the same period, from $222K to $1.1M. Total functional expenses rose by 0.3%, from $61K to $61K. In its most recent filing year (2023), Hoegemeyer Family Foundation reported a deficit of $694, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $61K | $1.1M | $1 | — | — |
| 2022 | $64K | $63K | $1.0M | $1 | — | View 990 |
| 2021 | $94K | $76K | $1.3M | $1 | — | — |
| 2020 | $25K | $43K | $1.1M | $1 | — | View 990 |
| 2019 | $37K | $60K | $1.1M | $1 | — | View 990 |
| 2015 | $11K | $38K | $233K | $1 | — | View 990 |
| 2014 | $13K | $42K | $242K | $1 | — | View 990 |
| 2013 | $-3,297 | $62K | $278K | $1 | — | View 990 |
| 2012 | $217K | $61K | $343K | $1 | — | View 990 |
| 2011 | $74K | $61K | $222K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $61K, and assets of $1.1M (revenue -6.2% year-over-year).
- 2022: Revenue of $64K, expenses of $63K, and assets of $1.0M (revenue -31.9% year-over-year).
- 2021: Revenue of $94K, expenses of $76K, and assets of $1.3M (revenue +268.9% year-over-year).
- 2020: Revenue of $25K, expenses of $43K, and assets of $1.1M (revenue -31.5% year-over-year).
- 2019: Revenue of $37K, expenses of $60K, and assets of $1.1M (revenue +241.1% year-over-year).
- 2015: Revenue of $11K, expenses of $38K, and assets of $233K (revenue -17.5% year-over-year).
- 2014: Revenue of $13K, expenses of $42K, and assets of $242K.
- 2013: Revenue of $-3,297, expenses of $62K, and assets of $278K (revenue -101.5% year-over-year).
- 2012: Revenue of $217K, expenses of $61K, and assets of $343K (revenue +193.9% year-over-year).
- 2011: Revenue of $74K, expenses of $61K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoegemeyer Family Foundation:
Data Sources and Methodology
This transparency report for Hoegemeyer 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.