Hoffman Institute Foundation
EIN: 330627187 · San Rafael, CA · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $34.4M |
| Total Expenses | $17.0M |
| Net Assets | $2.5M |
Is Hoffman Institute 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 Institute Foundation
Hoffman Institute Foundation (EIN: 330627187) is a nonprofit organization based in San Rafael, CA, classified under NTEE code B90. The organization reported total revenue of $34.4M and total assets of $26.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoffman Institute Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoffman Institute Foundation is a large nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.0M |
| Total Expenses | $17.0M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $4.9M |
| Total Liabilities | $2.4M |
| Net Assets | $2.5M |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 49.9% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, Hoffman Institute Foundation reported a surplus of $1.0M with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 49.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hoffman Institute Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.2% | +72.8% | +31.4% |
| 2022 | -13.8% | -18.1% | +62.2% |
| 2021 | +66.0% | +64.5% | -62.0% |
| 2020 | -18.1% | -9.2% | +208.3% |
| 2019 | +21.1% | +11.8% | +74.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hoffman Institute 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 Institute 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 $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.9%.
Frequently Asked Questions about Hoffman Institute Foundation
Is Hoffman Institute Foundation a legitimate charity?
Hoffman Institute Foundation (EIN: 330627187) is a registered tax-exempt nonprofit based in California. It has 13 years of IRS 990 filings on record. Total revenue: $34.4M. No red flags identified. Financial health grade: A.
How does Hoffman Institute Foundation spend its money?
Hoffman Institute Foundation reported $34.4M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hoffman Institute Foundation tax-deductible?
Hoffman Institute Foundation is registered as a tax-exempt nonprofit (EIN: 330627187). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hoffman Institute Foundation located?
Hoffman Institute Foundation is headquartered in San Rafael, California and files with the IRS under EIN 330627187. It is classified under NTEE code B90.
How many years of IRS 990 filings does Hoffman Institute Foundation have?
Hoffman Institute Foundation has 13 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 $34.4M in total revenue.
Filing History
IRS 990 filing history for Hoffman Institute Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hoffman Institute Foundation's revenue has grown by 246%, moving from $5.2M to $18.0M. Total assets increased by 745.6% over the same period, from $580K to $4.9M. Total functional expenses rose by 229.8%, from $5.1M to $17.0M. In its most recent filing year (2023), Hoffman Institute Foundation reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $4.9M in assets (debt-to-asset ratio: 49.9%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.0M | $17.0M | $4.9M | $2.4M | — | View 990 |
| 2022 | $10.3M | $9.8M | $3.7M | $2.3M | — | View 990 |
| 2021 | $11.9M | $12.0M | $2.3M | $1.3M | — | View 990 |
| 2020 | $7.2M | $7.3M | $6.0M | $5.0M | — | — |
| 2019 | $8.8M | $8.0M | $2.0M | $749K | — | View 990 |
| 2018 | $7.2M | $7.2M | $1.1M | $631K | — | View 990 |
| 2017 | $6.7M | $6.6M | $933K | $478K | — | View 990 |
| 2016 | $6.2M | $5.8M | $783K | $431K | — | View 990 |
| 2015 | $5.4M | $5.3M | $490K | $535K | — | View 990 |
| 2014 | $5.2M | $5.3M | $506K | $619K | — | View 990 |
| 2013 | $4.9M | $5.0M | $453K | $525K | — | View 990 |
| 2012 | $4.9M | $5.1M | $555K | $514K | — | View 990 |
| 2011 | $5.2M | $5.1M | $580K | $338K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.0M, expenses of $17.0M, and assets of $4.9M (revenue +75.2% year-over-year).
- 2022: Revenue of $10.3M, expenses of $9.8M, and assets of $3.7M (revenue -13.8% year-over-year).
- 2021: Revenue of $11.9M, expenses of $12.0M, and assets of $2.3M (revenue +66.0% year-over-year).
- 2020: Revenue of $7.2M, expenses of $7.3M, and assets of $6.0M (revenue -18.1% year-over-year).
- 2019: Revenue of $8.8M, expenses of $8.0M, and assets of $2.0M (revenue +21.1% year-over-year).
- 2018: Revenue of $7.2M, expenses of $7.2M, and assets of $1.1M (revenue +8.4% year-over-year).
- 2017: Revenue of $6.7M, expenses of $6.6M, and assets of $933K (revenue +7.3% year-over-year).
- 2016: Revenue of $6.2M, expenses of $5.8M, and assets of $783K (revenue +15.6% year-over-year).
- 2015: Revenue of $5.4M, expenses of $5.3M, and assets of $490K (revenue +2.8% year-over-year).
- 2014: Revenue of $5.2M, expenses of $5.3M, and assets of $506K (revenue +6.5% year-over-year).
- 2013: Revenue of $4.9M, expenses of $5.0M, and assets of $453K (revenue -0.5% year-over-year).
- 2012: Revenue of $4.9M, expenses of $5.1M, and assets of $555K (revenue -5.0% year-over-year).
- 2011: Revenue of $5.2M, expenses of $5.1M, and assets of $580K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoffman Institute Foundation:
Data Sources and Methodology
This transparency report for Hoffman Institute 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.