Hofer Fam Foundation Tr
EIN: 436901598 · Fort Calhoun, NE · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $261K |
| Total Expenses | $236K |
| Net Assets | $211K |
Is Hofer Fam Foundation Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hofer Fam Foundation Tr
Hofer Fam Foundation Tr (EIN: 436901598) is a nonprofit organization based in Fort Calhoun, NE, classified under NTEE code T22. The organization reported total revenue of $261K and total assets of $144K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hofer Fam Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hofer Fam Foundation Tr is a small nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $400K |
| Total Expenses | $236K |
| Surplus / Deficit | +$164K |
| Total Assets | $211K |
| Total Liabilities | $1 |
| Net Assets | $211K |
| Operating Margin | 41.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Hofer Fam Foundation Tr reported a surplus of $164K with revenue exceeding expenses, holds 10.7 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), Hofer Fam Foundation Tr's revenue has grown at a compound annual growth rate (CAGR) of 27.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.4% | -18.9% | +355.9% |
| 2022 | +136.2% | +225.7% | +25.3% |
| 2021 | +154.0% | +24.5% | +3688900.0% |
| 2020 | -52.4% | -50.0% | -100.0% |
| 2019 | -38.6% | -20.5% | +405.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hofer Fam Foundation Tr 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 Hofer Fam Foundation Tr 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $164K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Hofer Fam Foundation Tr
Is Hofer Fam Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Hofer Fam Foundation Tr (EIN: 436901598) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hofer Fam Foundation Tr spend its money?
Detailed spending breakdown data is not yet available for Hofer Fam Foundation Tr. Check back for updated IRS 990 analysis.
Are donations to Hofer Fam Foundation Tr tax-deductible?
Hofer Fam Foundation Tr is registered as a tax-exempt nonprofit (EIN: 436901598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hofer Fam Foundation Tr located?
Hofer Fam Foundation Tr is headquartered in Fort Calhoun, Nebraska and files with the IRS under EIN 436901598. It is classified under NTEE code T22.
How many years of IRS 990 filings does Hofer Fam Foundation Tr have?
Hofer Fam Foundation Tr 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 $261K in total revenue.
Filing History
IRS 990 filing history for Hofer Fam Foundation Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hofer Fam Foundation Tr's revenue has grown by 1761%, moving from $22K to $400K. Total assets increased by 1230.4% over the same period, from $16K to $211K. Total functional expenses rose by 2880.8%, from $8K to $236K. In its most recent filing year (2023), Hofer Fam Foundation Tr reported a surplus of $164K, with revenue exceeding expenses. The organization holds $1 in liabilities against $211K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $211K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $400K | $236K | $211K | $1 | — | — |
| 2022 | $300K | $291K | $46K | $1 | — | View 990 |
| 2021 | $127K | $89K | $37K | $1 | — | View 990 |
| 2020 | $50K | $72K | $1 | $871 | — | — |
| 2019 | $105K | $143K | $21K | $1 | — | — |
| 2015 | $171K | $180K | $4K | $1 | — | View 990 |
| 2014 | $150K | $148K | $13K | $1 | — | View 990 |
| 2013 | $69K | $109K | $12K | $1 | — | View 990 |
| 2012 | $53K | $18K | $51K | $1 | — | View 990 |
| 2011 | $22K | $8K | $16K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $400K, expenses of $236K, and assets of $211K (revenue +33.4% year-over-year).
- 2022: Revenue of $300K, expenses of $291K, and assets of $46K (revenue +136.2% year-over-year).
- 2021: Revenue of $127K, expenses of $89K, and assets of $37K (revenue +154.0% year-over-year).
- 2020: Revenue of $50K, expenses of $72K, and assets of $1 (revenue -52.4% year-over-year).
- 2019: Revenue of $105K, expenses of $143K, and assets of $21K (revenue -38.6% year-over-year).
- 2015: Revenue of $171K, expenses of $180K, and assets of $4K (revenue +14.0% year-over-year).
- 2014: Revenue of $150K, expenses of $148K, and assets of $13K (revenue +117.4% year-over-year).
- 2013: Revenue of $69K, expenses of $109K, and assets of $12K (revenue +30.2% year-over-year).
- 2012: Revenue of $53K, expenses of $18K, and assets of $51K (revenue +146.5% year-over-year).
- 2011: Revenue of $22K, expenses of $8K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hofer Fam Foundation Tr:
Data Sources and Methodology
This transparency report for Hofer Fam Foundation Tr 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.