Hojac Enterprises Incorporated
Hojac Enterprises consistently operates near break-even with no reported officer compensation or liabilities.
EIN: 203637153 · Orangeburg, SC · NTEE: L81 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $45K |
| Program Spending | 85% |
| Net Assets | $15K |
| Transparency Score | 85/100 |
Is Hojac Enterprises Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hojac Enterprises Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hojac Enterprises Incorporated
Hojac Enterprises Incorporated (EIN: 203637153) is a nonprofit organization based in Orangeburg, SC, classified under NTEE code L81. The organization reported total revenue of $20K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hojac Enterprises Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hojac Enterprises Incorporated is a micro nonprofit that has been operating for 3 years, with 11 years of IRS 990 filings on record (2010–2024). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $45K |
| Surplus / Deficit | $-1,369 |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | -3.1% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2024, Hojac Enterprises Incorporated reported a deficit of $1K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate).
Financial Trends
Over 11 years of filings (2010–2024), Hojac Enterprises Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -22.5% | -19.7% | -8.1% |
| 2023 | -74.1% | -74.0% | +313.2% |
| 2020 | +15085.0% | +18453.2% | +64.7% |
| 2018 | -67.3% | -76.0% | +44.1% |
| 2017 | -81.2% | -80.9% | -22.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
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 Hojac Enterprises Incorporated with a Mission Score of 85 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, Hojac Enterprises Incorporated 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer channels, which is highly favorable for a small organization like Hojac Enterprises.
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 Hojac Enterprises Incorporated's IRS 990 filings:
- Significant year-to-year revenue fluctuations, potentially indicating unstable funding sources or program delivery.
Strengths
The following positive indicators were identified for Hojac Enterprises Incorporated:
- Consistent reporting of $0 liabilities, indicating strong financial management and no debt.
- No reported officer compensation across all filings, suggesting high efficiency and potentially volunteer leadership.
- Operates near break-even, indicating funds are being utilized for operations rather than accumulating excessive reserves.
- Maintains a positive asset balance, demonstrating solvency.
Frequently Asked Questions about Hojac Enterprises Incorporated
Is Hojac Enterprises Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Hojac Enterprises Incorporated (EIN: 203637153) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Hojac Enterprises Incorporated spend its money?
Hojac Enterprises Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hojac Enterprises Incorporated tax-deductible?
Hojac Enterprises Incorporated is registered as a tax-exempt nonprofit (EIN: 203637153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hojac Enterprises Incorporated's spending goes to programs?
Hojac Enterprises Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hojac Enterprises Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hojac Enterprises Incorporated is above average for NTEE category L81 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hojac Enterprises Incorporated located?
Hojac Enterprises Incorporated is headquartered in Orangeburg, South Carolina and files with the IRS under EIN 203637153. It is classified under NTEE code L81.
How many years of IRS 990 filings does Hojac Enterprises Incorporated have?
Hojac Enterprises Incorporated 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 $20K in total revenue.
Is Hojac Enterprises Incorporated a good charity?
Based on the available IRS 990 data, Hojac Enterprises appears to be a financially responsible organization. It consistently operates without liabilities and reports no officer compensation, which are strong indicators of good stewardship. However, without detailed program expense breakdowns, a full assessment of its programmatic impact is limited.
How has Hojac Enterprises' revenue changed over time?
Hojac Enterprises' revenue has shown significant fluctuations, ranging from a high of $219,879 in 202006 to a low of $1,448 in 201806, and more recently $44,104 in 202406. This indicates variability in its funding or operational scale.
Does Hojac Enterprises carry any debt?
No, Hojac Enterprises consistently reports $0 in liabilities across all available IRS 990 filings, indicating that the organization operates debt-free.
Filing History
IRS 990 filing history for Hojac Enterprises Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2024), Hojac Enterprises Incorporated's revenue has declined by 10.1%, moving from $49K to $44K. Total assets increased by 553.8% over the same period, from $2K to $15K. Total functional expenses fell by 5.9%, from $48K to $45K. In its most recent filing year (2024), Hojac Enterprises Incorporated reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $44K | $45K | $15K | $0 | — | — |
| 2023 | $57K | $57K | $17K | $0 | — | — |
| 2020 | $220K | $218K | $4K | $0 | — | View 990 |
| 2018 | $1K | $1K | $2K | $0 | — | View 990 |
| 2017 | $4K | $5K | $2K | $0 | — | View 990 |
| 2016 | $23K | $26K | $2K | $0 | — | View 990 |
| 2015 | $100K | $100K | $5K | $0 | — | View 990 |
| 2014 | $113K | $111K | $5K | $0 | — | View 990 |
| 2013 | $111K | $117K | $3K | $0 | — | View 990 |
| 2012 | $135K | $129K | $8K | $0 | — | View 990 |
| 2010 | $49K | $48K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $44K, expenses of $45K, and assets of $15K (revenue -22.5% year-over-year).
- 2023: Revenue of $57K, expenses of $57K, and assets of $17K (revenue -74.1% year-over-year).
- 2020: Revenue of $220K, expenses of $218K, and assets of $4K (revenue +15085.0% year-over-year).
- 2018: Revenue of $1K, expenses of $1K, and assets of $2K (revenue -67.3% year-over-year).
- 2017: Revenue of $4K, expenses of $5K, and assets of $2K (revenue -81.2% year-over-year).
- 2016: Revenue of $23K, expenses of $26K, and assets of $2K (revenue -76.6% year-over-year).
- 2015: Revenue of $100K, expenses of $100K, and assets of $5K (revenue -11.0% year-over-year).
- 2014: Revenue of $113K, expenses of $111K, and assets of $5K (revenue +1.6% year-over-year).
- 2013: Revenue of $111K, expenses of $117K, and assets of $3K (revenue -17.9% year-over-year).
- 2012: Revenue of $135K, expenses of $129K, and assets of $8K (revenue +175.7% year-over-year).
- 2010: Revenue of $49K, expenses of $48K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hojac Enterprises Incorporated:
Data Sources and Methodology
This transparency report for Hojac Enterprises Incorporated 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.