Hoerle Foundation
Hoerle Foundation shows consistent asset growth and strong revenue generation with minimal liabilities and no reported officer compensation.
EIN: 133419592 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.8M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $23.2 |
| Net Assets | $23.3M |
| Transparency Score | 92/100 |
Is Hoerle Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hoerle Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hoerle Foundation
Hoerle Foundation (EIN: 133419592) is a nonprofit organization based in New York, NY. The organization reported total revenue of $9.8M and total assets of $24.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoerle Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoerle Foundation is a mid-size nonprofit that has been operating for 39 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$2.5M |
| Total Assets | $23.3M |
| Total Liabilities | $1 |
| Net Assets | $23.3M |
| Operating Margin | 63.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 195.2 months |
Financial Health Grade: A
In 2023, Hoerle Foundation reported a surplus of $2.5M with revenue exceeding expenses, holds 195.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Hoerle Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.3% | -23.4% | +6.6% |
| 2022 | +66.4% | -4.8% | +10.2% |
| 2021 | +7.3% | +21.3% | +5.9% |
| 2020 | +37.7% | -1.5% | +6.3% |
| 2019 | +39.3% | +142.7% | +21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Hoerle 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Hoerle 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 surplus of $2.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Hoerle Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of its size and asset base ($23.2 million in 2023).
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 Hoerle Foundation's IRS 990 filings:
- Unknown NTEE code limits understanding of mission alignment
- 0% officer compensation is unusual for an organization of this size and could indicate uncompensated labor or alternative compensation structures not fully transparent.
Strengths
The following positive indicators were identified for Hoerle Foundation:
- Consistent asset growth from $13.3M (2011) to $23.2M (2023)
- Very low liabilities, often $1, indicating strong financial stability
- Strong revenue generation, with latest reported revenue at $3,883,830
- High spending efficiency with expenses consistently well below revenue
- No reported officer compensation, suggesting a highly lean administrative structure
Frequently Asked Questions about Hoerle Foundation
Is Hoerle Foundation a legitimate charity?
Hoerle Foundation (EIN: 133419592) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $9.8M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Hoerle Foundation spend its money?
Hoerle Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hoerle Foundation tax-deductible?
Hoerle Foundation is registered as a tax-exempt nonprofit (EIN: 133419592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hoerle Foundation CEO make?
Hoerle Foundation's highest-compensated officer earns $23.2 annually. The organization reported $9.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Hoerle Foundation located?
Hoerle Foundation is headquartered in New York, New York and files with the IRS under EIN 133419592.
How many years of IRS 990 filings does Hoerle Foundation have?
Hoerle Foundation has 11 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 $9.8M in total revenue.
How does the Hoerle Foundation manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, which suggests that officers may be volunteers or compensated through other means not reported as officer compensation, or that the foundation's operational model minimizes executive salary expenses.
What are the primary program activities of the Hoerle Foundation?
While the NTEE code is unknown, the consistent growth in assets and revenue, coupled with low expenses, indicates significant programmatic activity, though specific details on the nature of these programs are not available in the provided data.
Is the Hoerle Foundation's revenue growth sustainable?
The foundation has shown strong revenue growth, with recent years seeing revenues of $6,096,951 (2022) and $3,883,830 (2023). While there was a dip from 2022 to 2023, the overall trend over the past decade is upward, suggesting a generally sustainable fundraising model.
Filing History
IRS 990 filing history for Hoerle Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Hoerle Foundation's revenue has grown by 116.6%, moving from $1.8M to $3.9M. Total assets increased by 70.6% over the same period, from $13.7M to $23.3M. Total functional expenses rose by 14.6%, from $1.2M to $1.4M. In its most recent filing year (2023), Hoerle Foundation reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $1 in liabilities against $23.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $23.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $1.4M | $23.3M | $1 | — | — |
| 2022 | $6.1M | $1.9M | $21.9M | $1 | — | View 990 |
| 2021 | $3.7M | $2.0M | $19.8M | $1 | — | View 990 |
| 2020 | $3.4M | $1.6M | $18.7M | $1 | — | View 990 |
| 2019 | $2.5M | $1.6M | $17.6M | $1 | — | View 990 |
| 2015 | $1.8M | $677K | $14.5M | $1 | — | View 990 |
| 2014 | $1.5M | $843K | $13.7M | $1 | — | — |
| 2013 | $1.6M | $1.0M | $13.0M | $0 | — | View 990 |
| 2012 | $1.7M | $1.9M | $12.6M | $0 | — | View 990 |
| 2011 | $1.7M | $1.8M | $13.3M | $0 | — | View 990 |
| 2010 | $1.8M | $1.2M | $13.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $1.4M, and assets of $23.3M (revenue -36.3% year-over-year).
- 2022: Revenue of $6.1M, expenses of $1.9M, and assets of $21.9M (revenue +66.4% year-over-year).
- 2021: Revenue of $3.7M, expenses of $2.0M, and assets of $19.8M (revenue +7.3% year-over-year).
- 2020: Revenue of $3.4M, expenses of $1.6M, and assets of $18.7M (revenue +37.7% year-over-year).
- 2019: Revenue of $2.5M, expenses of $1.6M, and assets of $17.6M (revenue +39.3% year-over-year).
- 2015: Revenue of $1.8M, expenses of $677K, and assets of $14.5M (revenue +18.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $843K, and assets of $13.7M (revenue -5.5% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.0M, and assets of $13.0M (revenue -3.8% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.9M, and assets of $12.6M (revenue -3.0% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.8M, and assets of $13.3M (revenue -5.0% year-over-year).
- 2010: Revenue of $1.8M, expenses of $1.2M, and assets of $13.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoerle Foundation:
Data Sources and Methodology
This transparency report for Hoerle 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.