Hoffman Institute Supportingfoundation
Hoffman Institute Supportingfoundation shows substantial revenue surpluses and asset growth with no reported officer compensation.
EIN: 204801174 · San Rafael, CA · NTEE: H11 · Updated: 2026-03-28
Is Hoffman Institute Supportingfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hoffman Institute Supportingfoundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hoffman Institute Supportingfoundation
Hoffman Institute Supportingfoundation (EIN: 204801174) is a nonprofit organization based in San Rafael, CA, classified under NTEE code H11. The organization reported total revenue of $26.5M and total assets of $20.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoffman Institute Supportingfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoffman Institute Supportingfoundation is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$3.4M |
| Total Assets | $23.2M |
| Total Liabilities | $6.0M |
| Net Assets | $17.2M |
| Operating Margin | 75.7% |
| Debt-to-Asset Ratio | 25.9% |
| Months of Reserves | 252.7 months |
Financial Health Grade: A
In 2023, Hoffman Institute Supportingfoundation reported a surplus of $3.4M with revenue exceeding expenses, holds 252.7 months of operating reserves (strong position), has a debt-to-asset ratio of 25.9% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27891.0% | +37.8% | -2.5% |
| 2022 | -99.8% | -23.2% | -3.0% |
| 2021 | +520.0% | +601.3% | +182.3% |
| 2020 | -85.6% | — | +12.5% |
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 Hoffman Institute Supportingfoundation with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Hoffman Institute Supportingfoundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $3.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.9%.
Executive Compensation Analysis
No officer compensation has been reported across all 13 filings, including the most recent period (202312), which is unusual for an organization with millions in revenue and assets and suggests either volunteer leadership or compensation handled through a related entity.
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 Hoffman Institute Supportingfoundation's IRS 990 filings:
- No reported officer compensation despite significant financial activity, which could obscure true operational costs or indicate complex compensation structures.
- Significant fluctuations in revenue and assets without clear explanations in public filings.
- Large liabilities reported in recent years, though reduced, warrant further scrutiny.
Strengths
The following positive indicators were identified for Hoffman Institute Supportingfoundation:
- Strong financial surpluses in recent years, with revenue significantly exceeding expenses (e.g., $4,538,188 revenue vs. $1,103,874 expenses in 202312).
- Substantial growth in assets, reaching $23,242,792 in 202312, indicating effective asset management or significant contributions.
- Consistent filing of IRS Form 990s, demonstrating a commitment to transparency.
- Low expense ratio relative to revenue in recent periods, suggesting efficient use of funds for its operational model.
Frequently Asked Questions about Hoffman Institute Supportingfoundation
Is Hoffman Institute Supportingfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hoffman Institute Supportingfoundation (EIN: 204801174) some concerns. Mission Score: 80/100. 3 red flags identified, 4 strengths noted.
How does Hoffman Institute Supportingfoundation spend its money?
Hoffman Institute Supportingfoundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hoffman Institute Supportingfoundation tax-deductible?
Hoffman Institute Supportingfoundation is registered as a tax-exempt nonprofit (EIN: 204801174). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the nature of the significant liabilities reported in 2021 and 2022, and how were they reduced in 2023?
The filings show liabilities of $10,000,000 in 202112 and $10,042,600 in 202212, which then decreased to $6,008,779 in 202312. Understanding the source and resolution of these large liabilities is crucial for assessing financial stability.
How does the Hoffman Institute Supportingfoundation achieve its mission with no reported officer compensation?
The consistent reporting of 0% officer compensation across all filings, despite significant revenue and assets, raises questions about how leadership and management functions are compensated or structured within the organization or its related entities.
What caused the dramatic increase in assets and revenue starting around 2019-2020 after years of reporting minimal activity?
The organization reported $1 in assets and $0 revenue for several years (2014-2018) before jumping to $7,740,000 in assets and revenue in 201912, and continuing to grow. This indicates a significant operational or funding shift that would be important to understand.
Filing History
IRS 990 filing history for Hoffman Institute Supportingfoundation showing financial trends over 13 years of public records:
Total assets increased by 2324279100% over the same period, from $1 to $23.2M. In its most recent filing year (2023), Hoffman Institute Supportingfoundation reported a surplus of $3.4M, with revenue exceeding expenses. The organization holds $6.0M in liabilities against $23.2M in assets (debt-to-asset ratio: 25.9%), resulting in net assets of $17.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $1.1M | $23.2M | $6.0M | — | — |
| 2022 | $16K | $801K | $23.8M | $10.0M | — | View 990 |
| 2021 | $6.9M | $1.0M | $24.6M | $10.0M | — | View 990 |
| 2020 | $1.1M | $149K | $8.7M | $0 | — | — |
| 2019 | $7.7M | $0 | $7.7M | $0 | — | View 990 |
| 2018 | $0 | $0 | $1 | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
| 2014 | $0 | $0 | $1 | $0 | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
| 2011 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $1.1M, and assets of $23.2M (revenue +27891.0% year-over-year).
- 2022: Revenue of $16K, expenses of $801K, and assets of $23.8M (revenue -99.8% year-over-year).
- 2021: Revenue of $6.9M, expenses of $1.0M, and assets of $24.6M (revenue +520.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $149K, and assets of $8.7M (revenue -85.6% year-over-year).
- 2019: Revenue of $7.7M, expenses of $0, and assets of $7.7M.
- 2018: Revenue of $0, expenses of $0, and assets of $1.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $0.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoffman Institute Supportingfoundation:
Data Sources and Methodology
This transparency report for Hoffman Institute Supportingfoundation 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.