Hooker Educational Foundation
EIN: 731292864 · Hooker, OK · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $360K |
| Net Assets | $279K |
Is Hooker Educational Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hooker Educational Foundation
Hooker Educational Foundation (EIN: 731292864) is a nonprofit organization based in Hooker, OK, classified under NTEE code B11. The organization reported total revenue of $10K and total assets of $288K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hooker Educational Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hooker Educational Foundation is a micro nonprofit that has been operating for 39 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -61.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $360K |
| Surplus / Deficit | $-359,450 |
| Total Assets | $279K |
| Total Liabilities | $1 |
| Net Assets | $279K |
| Operating Margin | -35945.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 9.3 months |
Financial Health Grade: B
In 2023, Hooker Educational Foundation reported a deficit of $359K with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Hooker Educational Foundation's revenue has declined at a compound annual growth rate (CAGR) of -61.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.8% | +1585.5% | -56.3% |
| 2022 | -50.2% | -36.2% | -2.6% |
| 2021 | -48.1% | -2.3% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hooker Educational 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 Hooker Educational 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 deficit of $359K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Hooker Educational Foundation
Is Hooker Educational Foundation a legitimate charity?
Hooker Educational Foundation (EIN: 731292864) is a registered tax-exempt nonprofit based in Oklahoma. It has 4 years of IRS 990 filings on record. Total revenue: $10K. No red flags identified. Financial health grade: B.
How does Hooker Educational Foundation spend its money?
Hooker Educational Foundation reported $10K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hooker Educational Foundation tax-deductible?
Hooker Educational Foundation is registered as a tax-exempt nonprofit (EIN: 731292864). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hooker Educational Foundation located?
Hooker Educational Foundation is headquartered in Hooker, Oklahoma and files with the IRS under EIN 731292864. It is classified under NTEE code B11.
How many years of IRS 990 filings does Hooker Educational Foundation have?
Hooker Educational Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $10K in total revenue.
Filing History
IRS 990 filing history for Hooker Educational Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Hooker Educational Foundation's revenue has declined by 94.3%, moving from $17K to $1K. Total assets decreased by 59% over the same period, from $680K to $279K. Total functional expenses rose by 950.6%, from $34K to $360K. In its most recent filing year (2023), Hooker Educational Foundation reported a deficit of $359K, with expenses exceeding revenue. The organization holds $1 in liabilities against $279K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $279K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $360K | $279K | $1 | — | View 990 |
| 2022 | $5K | $21K | $638K | $1 | — | — |
| 2021 | $9K | $34K | $655K | $1 | — | — |
| 2020 | $17K | $34K | $680K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $360K, and assets of $279K (revenue -77.8% year-over-year).
- 2022: Revenue of $5K, expenses of $21K, and assets of $638K (revenue -50.2% year-over-year).
- 2021: Revenue of $9K, expenses of $34K, and assets of $655K (revenue -48.1% year-over-year).
- 2020: Revenue of $17K, expenses of $34K, and assets of $680K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hooker Educational Foundation:
Data Sources and Methodology
This transparency report for Hooker Educational 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.