Huhtamaki Foundation Inc
Huhtamaki Foundation maintains stable assets with minimal liabilities and no officer compensation, operating on a small budget.
EIN: 156019087 · De Soto, KS · Updated: 2026-03-28
Is Huhtamaki Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Huhtamaki Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Huhtamaki Foundation Inc
Huhtamaki Foundation Inc (EIN: 156019087) is a nonprofit organization based in De Soto, KS. The organization reported total revenue of $36K and total assets of $207K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huhtamaki Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Huhtamaki Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Huhtamaki Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that officers are not compensated, which is highly commendable for an organization of its size and contributes to efficient use of funds.
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 Huhtamaki Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown makes program efficiency difficult to fully assess.
- Annual expenses occasionally exceed annual revenue, indicating reliance on asset drawdowns or prior surpluses (e.g., 2022: $33,184 expenses vs. $13,077 revenue).
Strengths
The following positive indicators were identified for Huhtamaki Foundation Inc:
- Consistent financial stability with assets generally above $200,000.
- Extremely low liabilities, consistently reported as $0 or $1.
- 0% officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
- Long filing history (10 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about Huhtamaki Foundation Inc
Is Huhtamaki Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Huhtamaki Foundation Inc (EIN: 156019087) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Huhtamaki Foundation Inc spend its money?
Huhtamaki Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Huhtamaki Foundation Inc tax-deductible?
Huhtamaki Foundation Inc is registered as a tax-exempt nonprofit (EIN: 156019087). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific programs or grants funded by Huhtamaki Foundation Inc.?
The provided IRS 990 data does not detail the specific programs or grants funded by the Huhtamaki Foundation Inc. To understand its programmatic impact, one would need to review the full 990 forms or the organization's public communications.
How does the organization manage its expenses when revenue fluctuates significantly?
The organization's expenses sometimes exceed its revenue, such as in 2022 where expenses were $33,184 against $13,077 in revenue. This suggests the foundation either draws from its accumulated assets, which were $221,313 in 2022, or relies on prior year surpluses to cover operational costs during leaner revenue periods.
What is the NTEE code for Huhtamaki Foundation Inc. and how does it align with its activities?
The NTEE code for Huhtamaki Foundation Inc. is listed as 'Unknown' in the provided data. Identifying this code would help classify its primary area of activity and allow for comparison with similar organizations.
Filing History
IRS 990 filing history for Huhtamaki Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Huhtamaki Foundation Inc's revenue has declined by 20.7%, moving from $10K to $8K. Total assets decreased by 0.9% over the same period, from $231K to $229K. Total functional expenses fell by 98.9%, from $23K to $237. In its most recent filing year (2023), Huhtamaki Foundation Inc reported a surplus of $8K, with revenue exceeding expenses. The organization holds $1 in liabilities against $229K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $229K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $237 | $229K | $1 | — | — |
| 2022 | $13K | $33K | $221K | $1 | — | View 990 |
| 2021 | $18K | $6K | $241K | $1 | — | — |
| 2020 | $18K | $36K | $230K | $1 | — | View 990 |
| 2019 | $10K | $21K | $248K | $1 | — | View 990 |
| 2015 | $44K | $18K | $270K | $1 | — | View 990 |
| 2014 | $16K | $9K | $243K | $1 | — | View 990 |
| 2013 | $13K | $9K | $236K | $0 | — | View 990 |
| 2012 | $14K | $13K | $233K | $0 | — | View 990 |
| 2011 | $10K | $23K | $231K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $237, and assets of $229K (revenue -40.5% year-over-year).
- 2022: Revenue of $13K, expenses of $33K, and assets of $221K (revenue -26.8% year-over-year).
- 2021: Revenue of $18K, expenses of $6K, and assets of $241K (revenue +0.3% year-over-year).
- 2020: Revenue of $18K, expenses of $36K, and assets of $230K (revenue +81.9% year-over-year).
- 2019: Revenue of $10K, expenses of $21K, and assets of $248K (revenue -77.7% year-over-year).
- 2015: Revenue of $44K, expenses of $18K, and assets of $270K (revenue +172.4% year-over-year).
- 2014: Revenue of $16K, expenses of $9K, and assets of $243K (revenue +24.5% year-over-year).
- 2013: Revenue of $13K, expenses of $9K, and assets of $236K (revenue -9.8% year-over-year).
- 2012: Revenue of $14K, expenses of $13K, and assets of $233K (revenue +46.0% year-over-year).
- 2011: Revenue of $10K, expenses of $23K, and assets of $231K.
Data Sources and Methodology
This transparency report for Huhtamaki 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.