Hurst Sorenson Memorial Fund
EIN: 810372356 · Stanford, MT
| Metric | Value |
|---|---|
| Total Revenue | $126K |
| Total Expenses | $57K |
| Net Assets | $1.1M |
Is Hurst Sorenson Memorial Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hurst Sorenson Memorial Fund
Hurst Sorenson Memorial Fund (EIN: 810372356) is a nonprofit organization based in Stanford, MT. The organization reported total revenue of $126K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hurst Sorenson Memorial Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hurst Sorenson Memorial Fund is a small nonprofit that has been operating for 48 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $57K |
| Surplus / Deficit | +$15K |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 222.8 months |
Financial Health Grade: A
In 2024, Hurst Sorenson Memorial Fund reported a surplus of $15K with revenue exceeding expenses, holds 222.8 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 (2012–2024), Hurst Sorenson Memorial Fund's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +42.1% | -1.8% | +16.5% |
| 2023 | -39.4% | +10.8% | -12.7% |
| 2022 | +102.4% | +5.4% | -2.4% |
| 2021 | -15.9% | +27.2% | +34.5% |
| 2020 | +26.3% | +237.8% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hurst Sorenson Memorial Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hurst Sorenson Memorial Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Hurst Sorenson Memorial Fund
Is Hurst Sorenson Memorial Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Hurst Sorenson Memorial Fund (EIN: 810372356) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hurst Sorenson Memorial Fund spend its money?
Detailed spending breakdown data is not yet available for Hurst Sorenson Memorial Fund. Check back for updated IRS 990 analysis.
Are donations to Hurst Sorenson Memorial Fund tax-deductible?
Hurst Sorenson Memorial Fund is registered as a tax-exempt nonprofit (EIN: 810372356). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hurst Sorenson Memorial Fund located?
Hurst Sorenson Memorial Fund is headquartered in Stanford, Montana and files with the IRS under EIN 810372356.
How many years of IRS 990 filings does Hurst Sorenson Memorial Fund have?
Hurst Sorenson Memorial Fund 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 $126K in total revenue.
Filing History
IRS 990 filing history for Hurst Sorenson Memorial Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Hurst Sorenson Memorial Fund's revenue has grown by 305.8%, moving from $18K to $72K. Total assets increased by 83.9% over the same period, from $572K to $1.1M. Total functional expenses rose by 447.3%, from $10K to $57K. In its most recent filing year (2024), Hurst Sorenson Memorial Fund reported a surplus of $15K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $72K | $57K | $1.1M | $1 | — | — |
| 2023 | $50K | $58K | $903K | $1 | — | View 990 |
| 2022 | $83K | $52K | $1.0M | $1 | — | — |
| 2021 | $41K | $49K | $1.1M | $1 | — | View 990 |
| 2020 | $49K | $39K | $788K | $0 | — | View 990 |
| 2016 | $39K | $11K | $754K | $1 | — | View 990 |
| 2015 | $39K | $11K | $742K | $0 | — | View 990 |
| 2014 | $33K | $11K | $733K | $0 | — | View 990 |
| 2013 | $20K | $10K | $645K | $0 | — | View 990 |
| 2012 | $18K | $10K | $572K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $72K, expenses of $57K, and assets of $1.1M (revenue +42.1% year-over-year).
- 2023: Revenue of $50K, expenses of $58K, and assets of $903K (revenue -39.4% year-over-year).
- 2022: Revenue of $83K, expenses of $52K, and assets of $1.0M (revenue +102.4% year-over-year).
- 2021: Revenue of $41K, expenses of $49K, and assets of $1.1M (revenue -15.9% year-over-year).
- 2020: Revenue of $49K, expenses of $39K, and assets of $788K (revenue +26.3% year-over-year).
- 2016: Revenue of $39K, expenses of $11K, and assets of $754K (revenue -0.6% year-over-year).
- 2015: Revenue of $39K, expenses of $11K, and assets of $742K (revenue +19.0% year-over-year).
- 2014: Revenue of $33K, expenses of $11K, and assets of $733K (revenue +67.2% year-over-year).
- 2013: Revenue of $20K, expenses of $10K, and assets of $645K (revenue +11.0% year-over-year).
- 2012: Revenue of $18K, expenses of $10K, and assets of $572K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hurst Sorenson Memorial Fund:
Data Sources and Methodology
This transparency report for Hurst Sorenson Memorial Fund 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.