Hubert & Richard Hanlon Trust
Hubert & Richard Hanlon Trust maintains stable assets and no officer compensation while distributing grants.
EIN: 206720237 · Wichita, KS · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $494K |
| Total Expenses | $127K |
| Program Spending | 90% |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Hubert & Richard Hanlon Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hubert & Richard Hanlon Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hubert & Richard Hanlon Trust
Hubert & Richard Hanlon Trust (EIN: 206720237) is a nonprofit organization based in Wichita, KS, classified under NTEE code T20. The organization reported total revenue of $494K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hubert & Richard Hanlon Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hubert & Richard Hanlon Trust is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $127K |
| Surplus / Deficit | +$20K |
| Total Assets | $1.9M |
| Total Liabilities | $1 |
| Net Assets | $1.9M |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 178.1 months |
Financial Health Grade: A
In 2023, Hubert & Richard Hanlon Trust reported a surplus of $20K with revenue exceeding expenses, holds 178.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Hubert & Richard Hanlon Trust's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.1% | -0.3% | +1.1% |
| 2022 | -45.0% | -54.0% | +-0.0% |
| 2021 | +187.7% | +116.7% | -2.4% |
| 2020 | -75.8% | -50.8% | -2.4% |
| 2019 | +135.9% | +85.7% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Hubert & Richard Hanlon Trust 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: 90%
- fundraising: 0%
According to IRS 990 filings, Hubert & Richard Hanlon Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the trust. This is highly favorable for a trust of its size, suggesting either volunteer leadership or external management where compensation is not directly borne by the trust's operational budget.
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.
Strengths
The following positive indicators were identified for Hubert & Richard Hanlon Trust:
- Consistent 0% officer compensation, indicating high efficiency and potentially volunteer leadership.
- Stable asset base (around $1.8M - $2M) over a decade, demonstrating strong financial stewardship.
- Minimal liabilities (typically $1), indicating excellent financial health and low risk.
- Consistent IRS 990 filing history over 10 periods, showing good compliance and transparency.
Frequently Asked Questions about Hubert & Richard Hanlon Trust
Is Hubert & Richard Hanlon Trust a legitimate charity?
Hubert & Richard Hanlon Trust (EIN: 206720237) is a registered tax-exempt nonprofit based in Kansas. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $494K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Hubert & Richard Hanlon Trust spend its money?
Hubert & Richard Hanlon Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hubert & Richard Hanlon Trust tax-deductible?
Hubert & Richard Hanlon Trust is registered as a tax-exempt nonprofit (EIN: 206720237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hubert & Richard Hanlon Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hubert & Richard Hanlon Trust is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hubert & Richard Hanlon Trust located?
Hubert & Richard Hanlon Trust is headquartered in Wichita, Kansas and files with the IRS under EIN 206720237. It is classified under NTEE code T20.
How many years of IRS 990 filings does Hubert & Richard Hanlon Trust have?
Hubert & Richard Hanlon Trust has 10 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 $494K in total revenue.
Is Hubert & Richard Hanlon Trust a good charity?
As a private grantmaking foundation, its 'goodness' is primarily measured by its grant distributions and financial stewardship. With stable assets, minimal liabilities, and 0% officer compensation, it demonstrates strong financial health and efficiency in its operational structure. The lack of detailed grant recipient information in the provided data prevents a full assessment of its programmatic impact, but its financial management is sound.
What is the primary purpose of this organization?
Based on its NTEE code T20 (Private Grantmaking Foundations), the primary purpose of the Hubert & Richard Hanlon Trust is to make grants to other organizations or individuals, fulfilling a philanthropic mission through financial distributions rather than direct service provision.
How has the trust's financial position changed over the last decade?
The trust's assets have remained remarkably stable, fluctuating between approximately $1.8 million and $2 million over the past decade, starting at $1,973,329 in 2011 and standing at $1,882,537 in 2023. Liabilities have consistently been minimal ($1-$21). Revenue has varied significantly year-to-year, while expenses have generally stayed within a consistent range, indicating a well-managed endowment.
Filing History
IRS 990 filing history for Hubert & Richard Hanlon Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hubert & Richard Hanlon Trust's revenue has grown by 161.8%, moving from $56K to $147K. Total assets decreased by 4.6% over the same period, from $2.0M to $1.9M. Total functional expenses fell by 3.2%, from $131K to $127K. In its most recent filing year (2023), Hubert & Richard Hanlon Trust reported a surplus of $20K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $127K | $1.9M | $1 | — | View 990 |
| 2022 | $127K | $127K | $1.9M | $1 | — | View 990 |
| 2021 | $230K | $276K | $1.9M | $1 | — | — |
| 2020 | $80K | $128K | $1.9M | $1 | — | View 990 |
| 2019 | $330K | $259K | $2.0M | $1 | — | View 990 |
| 2015 | $140K | $140K | $2.0M | $1 | — | View 990 |
| 2014 | $169K | $137K | $2.0M | $1 | — | View 990 |
| 2013 | $126K | $136K | $1.9M | $1 | — | View 990 |
| 2012 | $97K | $131K | $1.9M | $1 | — | View 990 |
| 2011 | $56K | $131K | $2.0M | $21 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147K, expenses of $127K, and assets of $1.9M (revenue +16.1% year-over-year).
- 2022: Revenue of $127K, expenses of $127K, and assets of $1.9M (revenue -45.0% year-over-year).
- 2021: Revenue of $230K, expenses of $276K, and assets of $1.9M (revenue +187.7% year-over-year).
- 2020: Revenue of $80K, expenses of $128K, and assets of $1.9M (revenue -75.8% year-over-year).
- 2019: Revenue of $330K, expenses of $259K, and assets of $2.0M (revenue +135.9% year-over-year).
- 2015: Revenue of $140K, expenses of $140K, and assets of $2.0M (revenue -17.2% year-over-year).
- 2014: Revenue of $169K, expenses of $137K, and assets of $2.0M (revenue +33.7% year-over-year).
- 2013: Revenue of $126K, expenses of $136K, and assets of $1.9M (revenue +30.6% year-over-year).
- 2012: Revenue of $97K, expenses of $131K, and assets of $1.9M (revenue +72.6% year-over-year).
- 2011: Revenue of $56K, expenses of $131K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hubert & Richard Hanlon Trust:
Data Sources and Methodology
This transparency report for Hubert & Richard Hanlon Trust 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.