Hullar Foundation
Hullar Foundation consistently grows assets with no reported officer compensation.
EIN: 203622315 · Portland, OR · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $869K |
| Total Expenses | $120K |
| Program Spending | 85% |
| Net Assets | $1.7M |
| Transparency Score | 88/100 |
Is Hullar Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hullar Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hullar Foundation
Hullar Foundation (EIN: 203622315) is a nonprofit organization based in Portland, OR, classified under NTEE code T20. The organization reported total revenue of $869K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hullar Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hullar Foundation is a small nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $120K |
| Surplus / Deficit | +$36K |
| Total Assets | $1.7M |
| Total Liabilities | $3K |
| Net Assets | $1.7M |
| Operating Margin | 23.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 168.3 months |
Financial Health Grade: A
In 2023, Hullar Foundation reported a surplus of $36K with revenue exceeding expenses, holds 168.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Hullar Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.8% | -23.6% | +2.3% |
| 2022 | -3.4% | +47.2% | +9.9% |
| 2021 | +172.0% | +33.3% | +16.3% |
| 2020 | +320.9% | -13.3% | +2.6% |
| 2019 | -73.7% | +108.8% | +63.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Hullar Foundation with a Mission Score of 88 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Hullar Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
No officer compensation has been reported across all 11 filings, indicating that the foundation is likely run by volunteers or has a very lean, unpaid executive structure, which significantly reduces administrative costs.
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 Hullar Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- NTEE code T20 (Private Grantmaking Foundation) implies indirect program delivery, which may not appeal to donors seeking direct impact
Strengths
The following positive indicators were identified for Hullar Foundation:
- Consistent asset growth from $494,766 in 2011 to $1,682,433 in 2023
- No reported officer compensation, indicating highly efficient overhead
- Revenue consistently exceeds expenses, building financial reserves
- Low liabilities across all filing periods, demonstrating financial stability
- Regular and consistent IRS 990 filings for transparency
Frequently Asked Questions about Hullar Foundation
Is Hullar Foundation a legitimate charity?
Hullar Foundation (EIN: 203622315) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 88/100. It has 11 years of IRS 990 filings on record. Total revenue: $869K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Hullar Foundation spend its money?
Hullar Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hullar Foundation tax-deductible?
Hullar Foundation is registered as a tax-exempt nonprofit (EIN: 203622315). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hullar Foundation compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Hullar Foundation 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 Hullar Foundation located?
Hullar Foundation is headquartered in Portland, Oregon and files with the IRS under EIN 203622315. It is classified under NTEE code T20.
How many years of IRS 990 filings does Hullar Foundation have?
Hullar Foundation 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 $869K in total revenue.
What is the primary focus of the grants made by the Hullar Foundation?
The provided data does not specify the types of grants or programs supported by the Hullar Foundation. Further investigation into their grantmaking activities would be necessary.
How does the Hullar Foundation manage to operate without reporting any officer compensation?
The consistent reporting of zero officer compensation suggests that the foundation's leadership is entirely volunteer-based, or that any compensated roles fall outside the definition of 'officer' for IRS reporting purposes, which is highly efficient for a nonprofit.
What caused the significant increase in revenue in 2021 and 2022?
The data shows revenue jumped to $315,626 in 2021 and $305,047 in 2022 from $116,041 in 2020. This could be due to a large donation, successful investment returns, or a change in funding strategy, but the specific cause is not detailed in the provided filings.
Filing History
IRS 990 filing history for Hullar Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Hullar Foundation's revenue has grown by 179.1%, moving from $56K to $156K. Total assets increased by 294.8% over the same period, from $426K to $1.7M. Total functional expenses rose by 852.4%, from $13K to $120K. In its most recent filing year (2023), Hullar Foundation reported a surplus of $36K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $120K | $1.7M | $3K | — | View 990 |
| 2022 | $305K | $157K | $1.6M | $304 | — | View 990 |
| 2021 | $316K | $107K | $1.5M | $304 | — | View 990 |
| 2020 | $116K | $80K | $1.3M | $1 | — | View 990 |
| 2019 | $28K | $92K | $1.3M | $0 | — | View 990 |
| 2015 | $105K | $44K | $768K | $1 | — | View 990 |
| 2014 | $111K | $39K | $708K | $1 | — | View 990 |
| 2013 | $115K | $38K | $635K | $1 | — | View 990 |
| 2012 | $118K | $26K | $556K | $0 | — | View 990 |
| 2011 | $106K | $27K | $495K | $0 | — | View 990 |
| 2010 | $56K | $13K | $426K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156K, expenses of $120K, and assets of $1.7M (revenue -48.8% year-over-year).
- 2022: Revenue of $305K, expenses of $157K, and assets of $1.6M (revenue -3.4% year-over-year).
- 2021: Revenue of $316K, expenses of $107K, and assets of $1.5M (revenue +172.0% year-over-year).
- 2020: Revenue of $116K, expenses of $80K, and assets of $1.3M (revenue +320.9% year-over-year).
- 2019: Revenue of $28K, expenses of $92K, and assets of $1.3M (revenue -73.7% year-over-year).
- 2015: Revenue of $105K, expenses of $44K, and assets of $768K (revenue -6.0% year-over-year).
- 2014: Revenue of $111K, expenses of $39K, and assets of $708K (revenue -3.5% year-over-year).
- 2013: Revenue of $115K, expenses of $38K, and assets of $635K (revenue -2.5% year-over-year).
- 2012: Revenue of $118K, expenses of $26K, and assets of $556K (revenue +11.3% year-over-year).
- 2011: Revenue of $106K, expenses of $27K, and assets of $495K (revenue +90.4% year-over-year).
- 2010: Revenue of $56K, expenses of $13K, and assets of $426K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hullar Foundation:
Data Sources and Methodology
This transparency report for Hullar 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.