Hubbard Brook Research Foundation Inc
Hubbard Brook Research Foundation maintains stable assets with no reported officer compensation.
EIN: 20474938 · Thornton, NH · NTEE: C053 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $817K |
| Program Spending | 90% |
| Net Assets | $1.8M |
| Transparency Score | 92/100 |
Is Hubbard Brook Research Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hubbard Brook Research Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hubbard Brook Research Foundation Inc
Hubbard Brook Research Foundation Inc (EIN: 20474938) is a nonprofit organization based in Thornton, NH, classified under NTEE code C053. The organization reported total revenue of $1.1M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hubbard Brook Research Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hubbard Brook Research Foundation Inc is a mid-size 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 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $742K |
| Total Expenses | $817K |
| Surplus / Deficit | $-75,005 |
| Total Assets | $1.9M |
| Total Liabilities | $106K |
| Net Assets | $1.8M |
| Operating Margin | -10.1% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 28.3 months |
Financial Health Grade: B
In 2023, Hubbard Brook Research Foundation Inc reported a deficit of $75K with expenses exceeding revenue, holds 28.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hubbard Brook Research Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.0% | +61.6% | -1.9% |
| 2022 | -2.1% | +0.0% | +0.0% |
| 2021 | +1.0% | -20.1% | +9.9% |
| 2020 | -7.2% | -3.2% | +3.3% |
| 2019 | +16.5% | +12.3% | +0.6% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hubbard Brook Research Foundation Inc with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Hubbard Brook Research Foundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 deficit of $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a strong dedication to mission-focused spending or that executive roles are filled by volunteers or compensated through other non-officer categories.
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 Hubbard Brook Research Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing period (202309), though not a consistent trend.
Strengths
The following positive indicators were identified for Hubbard Brook Research Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds to mission.
- Stable asset base over the past decade, demonstrating strong financial management.
- Consistent filing history, indicating transparency and compliance.
- Significant increase in latest reported revenue, potentially indicating growing support or successful fundraising.
Frequently Asked Questions about Hubbard Brook Research Foundation Inc
Is Hubbard Brook Research Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hubbard Brook Research Foundation Inc (EIN: 20474938) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Hubbard Brook Research Foundation Inc spend its money?
Hubbard Brook Research Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hubbard Brook Research Foundation Inc tax-deductible?
Hubbard Brook Research Foundation Inc is registered as a tax-exempt nonprofit (EIN: 20474938). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hubbard Brook Research Foundation Inc's spending goes to programs?
Hubbard Brook Research Foundation Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hubbard Brook Research Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Hubbard Brook Research Foundation Inc is above average for NTEE category C053 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hubbard Brook Research Foundation Inc located?
Hubbard Brook Research Foundation Inc is headquartered in Thornton, New Hampshire and files with the IRS under EIN 20474938. It is classified under NTEE code C053.
How many years of IRS 990 filings does Hubbard Brook Research Foundation Inc have?
Hubbard Brook Research Foundation Inc 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 $1.1M in total revenue.
How does Hubbard Brook Research Foundation Inc fund its operations without officer compensation?
The filings consistently show 0% officer compensation, suggesting that executive roles might be voluntary, compensated through non-officer staff salaries, or funded by external grants not categorized as direct officer pay. This practice significantly reduces overhead related to leadership.
What is the trend in the organization's net assets?
Net assets have remained relatively stable, fluctuating between approximately $1.7 million and $1.9 million over the past decade, indicating sound financial stewardship and a healthy reserve.
Has the organization experienced significant revenue growth recently?
Yes, the latest reported revenue of $1,078,696 is a notable increase compared to the previous years, which typically saw revenues in the $550K - $750K range, suggesting a period of growth or a significant one-time influx of funds.
Are there any concerns about the organization's financial sustainability?
While the 202309 period showed expenses ($817,201) exceeding revenue ($742,196), this is not a consistent trend. The organization's stable asset base and generally balanced budgets in prior years suggest overall financial sustainability, though monitoring future expense-to-revenue ratios would be prudent.
Filing History
IRS 990 filing history for Hubbard Brook Research Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hubbard Brook Research Foundation Inc's revenue has grown by 18.2%, moving from $628K to $742K. Total assets decreased by 7.7% over the same period, from $2.1M to $1.9M. Total functional expenses rose by 14.7%, from $712K to $817K. In its most recent filing year (2023), Hubbard Brook Research Foundation Inc reported a deficit of $75K, with expenses exceeding revenue. The organization holds $106K in liabilities against $1.9M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $742K | $817K | $1.9M | $106K | — | View 990 |
| 2022 | $640K | $506K | $2.0M | $77K | — | View 990 |
| 2021 | $653K | $505K | $2.0M | $177K | — | View 990 |
| 2020 | $647K | $632K | $1.8M | $147K | — | View 990 |
| 2019 | $697K | $653K | $1.7M | $106K | — | View 990 |
| 2018 | $599K | $581K | $1.7M | $139K | — | View 990 |
| 2017 | $555K | $532K | $1.7M | $165K | — | View 990 |
| 2016 | $686K | $630K | $1.8M | $275K | — | View 990 |
| 2015 | $583K | $537K | $1.9M | $445K | — | View 990 |
| 2014 | $687K | $705K | $2.0M | $542K | — | View 990 |
| 2013 | $610K | $629K | $2.0M | $555K | — | View 990 |
| 2012 | $882K | $709K | $2.1M | $670K | — | View 990 |
| 2011 | $628K | $712K | $2.1M | $789K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $742K, expenses of $817K, and assets of $1.9M (revenue +16.0% year-over-year).
- 2022: Revenue of $640K, expenses of $506K, and assets of $2.0M (revenue -2.1% year-over-year).
- 2021: Revenue of $653K, expenses of $505K, and assets of $2.0M (revenue +1.0% year-over-year).
- 2020: Revenue of $647K, expenses of $632K, and assets of $1.8M (revenue -7.2% year-over-year).
- 2019: Revenue of $697K, expenses of $653K, and assets of $1.7M (revenue +16.5% year-over-year).
- 2018: Revenue of $599K, expenses of $581K, and assets of $1.7M (revenue +7.8% year-over-year).
- 2017: Revenue of $555K, expenses of $532K, and assets of $1.7M (revenue -19.1% year-over-year).
- 2016: Revenue of $686K, expenses of $630K, and assets of $1.8M (revenue +17.8% year-over-year).
- 2015: Revenue of $583K, expenses of $537K, and assets of $1.9M (revenue -15.3% year-over-year).
- 2014: Revenue of $687K, expenses of $705K, and assets of $2.0M (revenue +12.7% year-over-year).
- 2013: Revenue of $610K, expenses of $629K, and assets of $2.0M (revenue -30.8% year-over-year).
- 2012: Revenue of $882K, expenses of $709K, and assets of $2.1M (revenue +40.5% year-over-year).
- 2011: Revenue of $628K, expenses of $712K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hubbard Brook Research Foundation Inc:
Data Sources and Methodology
This transparency report for Hubbard Brook Research Foundation Inc 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.