Hutchins Family Foundation Inc
Hutchins Family Foundation maintains strong asset base despite fluctuating revenues and zero officer compensation.
EIN: 161520006 · Rochester, NY · NTEE: T20J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $492K |
| Total Expenses | $372K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $5.9M |
| Transparency Score | 95/100 |
Is Hutchins Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hutchins Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hutchins Family Foundation Inc
Hutchins Family Foundation Inc (EIN: 161520006) is a nonprofit organization based in Rochester, NY, classified under NTEE code T20J. The organization reported total revenue of $492K and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hutchins Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hutchins Family Foundation Inc is a small nonprofit that has been operating for 29 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $221K |
| Total Expenses | $372K |
| Surplus / Deficit | $-150,682 |
| Total Assets | $5.9M |
| Total Liabilities | $1 |
| Net Assets | $5.9M |
| Operating Margin | -68.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 190.6 months |
Financial Health Grade: B
In 2020, Hutchins Family Foundation Inc reported a deficit of $151K with expenses exceeding revenue, holds 190.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Hutchins Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -11.8% | +8.6% | -2.5% |
| 2019 | -81.3% | +51.0% | +35.6% |
| 2015 | +233.7% | -1.0% | +33.4% |
| 2014 | -71.1% | -69.7% | +5.5% |
| 2013 | +642.7% | +293.9% | +25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Hutchins Family Foundation Inc with a Mission Score of 95 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, Hutchins Family Foundation Inc 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $151K, with expenses exceeding revenue.
- 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 foundation, which is highly efficient for an organization of its size with assets nearing $6 million.
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 Hutchins Family Foundation Inc:
- Strong and growing asset base ($5,907,233 in 2020)
- Zero officer compensation reported across all filings, indicating high efficiency
- Minimal liabilities ($1 in 2020), demonstrating excellent financial health
- Consistent IRS 990 filing history, showing strong transparency
- High program focus, typical for a private grantmaking foundation
Frequently Asked Questions about Hutchins Family Foundation Inc
Is Hutchins Family Foundation Inc a legitimate charity?
Hutchins Family Foundation Inc (EIN: 161520006) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 7 years of IRS 990 filings on record. Total revenue: $492K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Hutchins Family Foundation Inc spend its money?
Hutchins Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hutchins Family Foundation Inc tax-deductible?
Hutchins Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161520006). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hutchins Family Foundation Inc CEO make?
Hutchins Family Foundation Inc's highest-compensated officer earns $6 annually. The organization reported $492K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Hutchins Family Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Hutchins Family Foundation Inc is above average for NTEE category T20J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hutchins Family Foundation Inc located?
Hutchins Family Foundation Inc is headquartered in Rochester, New York and files with the IRS under EIN 161520006. It is classified under NTEE code T20J.
How many years of IRS 990 filings does Hutchins Family Foundation Inc have?
Hutchins Family Foundation Inc has 7 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 $492K in total revenue.
Is the Hutchins Family Foundation Inc. financially stable?
Yes, the foundation is financially stable, evidenced by its growing assets from $2.5 million in 2011 to $5.9 million in 2020 and minimal liabilities ($0 or $1 across all filings).
How efficient is the foundation's spending?
Spending efficiency is very high, as indicated by 0% officer compensation reported in all filings, meaning all funds are directed towards grants and essential administrative functions.
Does the foundation rely on external fundraising?
Based on the NTEE code T20J (Private Grantmaking Foundations) and the financial data, the foundation likely does not engage in external fundraising, as its primary function is to distribute grants from its endowment.
What is the trend in the foundation's revenue?
The foundation's revenue has been highly variable, ranging from a low of $187,425 in 2012 to a high of $1,392,035 in 2013, suggesting reliance on investment returns or specific large contributions rather than consistent operational income.
Filing History
IRS 990 filing history for Hutchins Family Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Hutchins Family Foundation Inc's revenue has declined by 49.2%, moving from $435K to $221K. Total assets increased by 132.2% over the same period, from $2.5M to $5.9M. Total functional expenses rose by 95.2%, from $191K to $372K. In its most recent filing year (2020), Hutchins Family Foundation Inc reported a deficit of $151K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $221K | $372K | $5.9M | $1 | — | — |
| 2019 | $251K | $343K | $6.1M | $1 | — | View 990 |
| 2015 | $1.3M | $227K | $4.5M | $0 | — | View 990 |
| 2014 | $403K | $229K | $3.3M | $0 | — | View 990 |
| 2013 | $1.4M | $756K | $3.2M | $0 | — | View 990 |
| 2012 | $187K | $192K | $2.5M | $0 | — | View 990 |
| 2011 | $435K | $191K | $2.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $221K, expenses of $372K, and assets of $5.9M (revenue -11.8% year-over-year).
- 2019: Revenue of $251K, expenses of $343K, and assets of $6.1M (revenue -81.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $227K, and assets of $4.5M (revenue +233.7% year-over-year).
- 2014: Revenue of $403K, expenses of $229K, and assets of $3.3M (revenue -71.1% year-over-year).
- 2013: Revenue of $1.4M, expenses of $756K, and assets of $3.2M (revenue +642.7% year-over-year).
- 2012: Revenue of $187K, expenses of $192K, and assets of $2.5M (revenue -57.0% year-over-year).
- 2011: Revenue of $435K, expenses of $191K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hutchins Family Foundation Inc:
Data Sources and Methodology
This transparency report for Hutchins Family 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.