Hunter Foundation Inc
Hunter Foundation Inc. reports no officer compensation but faced a significant operating deficit in 2023.
EIN: 141798918 · Tannersville, NY · NTEE: S31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.0M |
| Program Spending | 80% |
| Net Assets | $1.0M |
| Transparency Score | 75/100 |
Is Hunter Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hunter Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hunter Foundation Inc
Hunter Foundation Inc (EIN: 141798918) is a nonprofit organization based in Tannersville, NY, classified under NTEE code S31. The organization reported total revenue of $2.4M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hunter Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hunter Foundation Inc is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $977K |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-1,007,613 |
| Total Assets | $10.8M |
| Total Liabilities | $9.8M |
| Net Assets | $1.0M |
| Operating Margin | -103.2% |
| Debt-to-Asset Ratio | 90.4% |
| Months of Reserves | 65.3 months |
Financial Health Grade: C
In 2023, Hunter Foundation Inc reported a deficit of $1.0M with expenses exceeding revenue, holds 65.3 months of operating reserves (strong position), has a debt-to-asset ratio of 90.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hunter Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.8% | +25.4% | -13.4% |
| 2022 | -4.1% | -15.9% | +0.7% |
| 2021 | -6.4% | -10.4% | +0.7% |
| 2020 | -28.0% | +9.1% | -2.6% |
| 2019 | +52.0% | +5.1% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Hunter 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, Hunter 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 90.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all 13 available filings, indicating that the organization's officers do not receive salaries, which is highly favorable for donor perception of administrative efficiency.
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 Hunter Foundation Inc's IRS 990 filings:
- Significant operating deficit in 2023 ($976,756 revenue vs. $1,984,369 expenses)
- High liabilities relative to assets, suggesting potential encumbrances or restricted funds (e.g., $9,757,028 liabilities vs. $10,793,703 assets in 2023)
- Inconsistent revenue generation compared to expenses over recent years
Strengths
The following positive indicators were identified for Hunter Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating high administrative efficiency regarding executive pay.
- Strong asset base, consistently over $10 million in recent years, providing a foundation for operations.
- Long operational history with 13 filings, suggesting organizational stability and experience.
Frequently Asked Questions about Hunter Foundation Inc
Is Hunter Foundation Inc a legitimate charity?
Hunter Foundation Inc (EIN: 141798918) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Hunter Foundation Inc spend its money?
Hunter Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hunter Foundation Inc tax-deductible?
Hunter Foundation Inc is registered as a tax-exempt nonprofit (EIN: 141798918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hunter Foundation Inc's spending goes to programs?
Hunter Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hunter Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Hunter Foundation Inc is above average for NTEE category S31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hunter Foundation Inc located?
Hunter Foundation Inc is headquartered in Tannersville, New York and files with the IRS under EIN 141798918. It is classified under NTEE code S31.
How many years of IRS 990 filings does Hunter Foundation Inc have?
Hunter 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 $2.4M in total revenue.
Is Hunter Foundation Inc. financially stable given the 2023 deficit?
While the organization has substantial assets ($10,793,703 in 2023), the significant deficit where expenses ($1,984,369) were more than double the revenue ($976,756) in 2023 raises concerns about short-term operational sustainability, despite a history of generally positive or balanced operations.
How does the lack of officer compensation impact the organization?
The consistent 0% officer compensation across all filings is a strong indicator of efficient use of funds, as it means no organizational revenue is being used to pay top executives, potentially allowing more resources to be directed towards programs.
What is the nature of the high liabilities reported by the organization?
With liabilities often closely tracking assets (e.g., $9,757,028 liabilities against $10,793,703 assets in 2023), it suggests a significant portion of the assets may be encumbered or represent restricted funds, which warrants further investigation into the specific types of liabilities.
Has the organization consistently met its expenses with revenue?
No, while there have been periods where revenue exceeded expenses (e.g., 2022, 2019), the organization experienced a substantial deficit in 2023 and also in 2015, indicating inconsistent financial performance in covering operational costs.
Filing History
IRS 990 filing history for Hunter Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hunter Foundation Inc's revenue has declined by 22.6%, moving from $1.3M to $977K. Total assets decreased by 4% over the same period, from $11.2M to $10.8M. Total functional expenses rose by 39.8%, from $1.4M to $2.0M. In its most recent filing year (2023), Hunter Foundation Inc reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $9.8M in liabilities against $10.8M in assets (debt-to-asset ratio: 90.4%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $977K | $2.0M | $10.8M | $9.8M | — | — |
| 2022 | $1.9M | $1.6M | $12.5M | $10.7M | — | View 990 |
| 2021 | $2.0M | $1.9M | $12.4M | $10.9M | — | View 990 |
| 2020 | $2.1M | $2.1M | $12.3M | $10.9M | — | View 990 |
| 2019 | $2.9M | $1.9M | $12.6M | $10.7M | — | View 990 |
| 2018 | $1.9M | $1.8M | $11.7M | $10.8M | — | View 990 |
| 2017 | $2.0M | $1.5M | $9.1M | $8.4M | — | View 990 |
| 2016 | $1.8M | $1.6M | $7.7M | $7.5M | — | View 990 |
| 2015 | $2.7M | $3.1M | $8.7M | $8.8M | — | View 990 |
| 2014 | $3.0M | $2.3M | $8.0M | $7.5M | — | View 990 |
| 2013 | $3.5M | $3.7M | $8.6M | $8.0M | — | View 990 |
| 2012 | $4.4M | $4.5M | $9.4M | $9.4M | — | View 990 |
| 2011 | $1.3M | $1.4M | $11.2M | $11.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $977K, expenses of $2.0M, and assets of $10.8M (revenue -48.8% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.6M, and assets of $12.5M (revenue -4.1% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.9M, and assets of $12.4M (revenue -6.4% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.1M, and assets of $12.3M (revenue -28.0% year-over-year).
- 2019: Revenue of $2.9M, expenses of $1.9M, and assets of $12.6M (revenue +52.0% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.8M, and assets of $11.7M (revenue -1.8% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.5M, and assets of $9.1M (revenue +7.1% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.6M, and assets of $7.7M (revenue -32.7% year-over-year).
- 2015: Revenue of $2.7M, expenses of $3.1M, and assets of $8.7M (revenue -8.6% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.3M, and assets of $8.0M (revenue -14.7% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.7M, and assets of $8.6M (revenue -20.7% year-over-year).
- 2012: Revenue of $4.4M, expenses of $4.5M, and assets of $9.4M (revenue +251.7% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.4M, and assets of $11.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hunter Foundation Inc:
Data Sources and Methodology
This transparency report for Hunter 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.