Hoffman Family Foundation
EIN: 364094223 · Washington, DC · NTEE: T99Z
| Metric | Value |
|---|---|
| Total Revenue | $591K |
| Total Expenses | $164K |
| Net Assets | $269K |
Is Hoffman Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hoffman Family Foundation
Hoffman Family Foundation (EIN: 364094223) is a nonprofit organization based in Washington, DC, classified under NTEE code T99Z. The organization reported total revenue of $591K and total assets of $527K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoffman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoffman Family Foundation is a small nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 49.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $439K |
| Total Expenses | $164K |
| Surplus / Deficit | +$276K |
| Total Assets | $269K |
| Total Liabilities | $1 |
| Net Assets | $269K |
| Operating Margin | 62.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 19.7 months |
Financial Health Grade: A
In 2023, Hoffman Family Foundation reported a surplus of $276K with revenue exceeding expenses, holds 19.7 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), Hoffman Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 49.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +232.0% | -17.4% | -38.9% |
| 2022 | -31.2% | +78.4% | -13.0% |
| 2021 | +578.0% | +97.3% | +19.2% |
| 2020 | -83.4% | -61.7% | -6.2% |
| 2019 | +264.1% | +226.0% | +128.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hoffman Family 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 Hoffman Family 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $276K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Hoffman Family Foundation
Is Hoffman Family Foundation a legitimate charity?
Hoffman Family Foundation (EIN: 364094223) is a registered tax-exempt nonprofit based in Washington DC. It has 10 years of IRS 990 filings on record. Total revenue: $591K. No red flags identified. Financial health grade: A.
How does Hoffman Family Foundation spend its money?
Hoffman Family Foundation reported $591K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hoffman Family Foundation tax-deductible?
Hoffman Family Foundation is registered as a tax-exempt nonprofit (EIN: 364094223). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hoffman Family Foundation located?
Hoffman Family Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 364094223. It is classified under NTEE code T99Z.
How many years of IRS 990 filings does Hoffman Family Foundation have?
Hoffman 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 $591K in total revenue.
Filing History
IRS 990 filing history for Hoffman Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hoffman Family Foundation's revenue has grown by 12739.8%, moving from $3K to $439K. Total assets increased by 155.8% over the same period, from $105K to $269K. Total functional expenses rose by 275.8%, from $44K to $164K. In its most recent filing year (2023), Hoffman Family Foundation reported a surplus of $276K, with revenue exceeding expenses. The organization holds $1 in liabilities against $269K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $269K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $439K | $164K | $269K | $1 | — | View 990 |
| 2022 | $132K | $198K | $439K | $1 | — | View 990 |
| 2021 | $192K | $111K | $505K | $1 | — | View 990 |
| 2020 | $28K | $56K | $424K | $1 | — | — |
| 2019 | $170K | $147K | $452K | $0 | — | View 990 |
| 2015 | $47K | $45K | $198K | $0 | — | View 990 |
| 2014 | $54K | $41K | $196K | $0 | — | View 990 |
| 2013 | $88K | $44K | $183K | $0 | — | View 990 |
| 2012 | $59K | $25K | $140K | $0 | — | View 990 |
| 2011 | $3K | $44K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $439K, expenses of $164K, and assets of $269K (revenue +232.0% year-over-year).
- 2022: Revenue of $132K, expenses of $198K, and assets of $439K (revenue -31.2% year-over-year).
- 2021: Revenue of $192K, expenses of $111K, and assets of $505K (revenue +578.0% year-over-year).
- 2020: Revenue of $28K, expenses of $56K, and assets of $424K (revenue -83.4% year-over-year).
- 2019: Revenue of $170K, expenses of $147K, and assets of $452K (revenue +264.1% year-over-year).
- 2015: Revenue of $47K, expenses of $45K, and assets of $198K (revenue -14.0% year-over-year).
- 2014: Revenue of $54K, expenses of $41K, and assets of $196K (revenue -38.2% year-over-year).
- 2013: Revenue of $88K, expenses of $44K, and assets of $183K (revenue +47.9% year-over-year).
- 2012: Revenue of $59K, expenses of $25K, and assets of $140K (revenue +1638.2% year-over-year).
- 2011: Revenue of $3K, expenses of $44K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoffman Family Foundation:
Data Sources and Methodology
This transparency report for Hoffman 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.