J & J Hadfield Foundation
J & J Hadfield Foundation consistently deploys nearly all revenue with no reported officer compensation.
EIN: 202067329 · Lehi, UT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $142K |
| Program Spending | 95% |
| Net Assets | $100K |
| Transparency Score | 90/100 |
Is J & J Hadfield Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J & J Hadfield Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About J & J Hadfield Foundation
J & J Hadfield Foundation (EIN: 202067329) is a nonprofit organization based in Lehi, UT, classified under NTEE code T22. The organization reported total revenue of $6.1M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J & J Hadfield Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J & J Hadfield Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 140.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $150K |
| Total Expenses | $142K |
| Surplus / Deficit | +$8K |
| Total Assets | $100K |
| Total Liabilities | $1 |
| Net Assets | $100K |
| Operating Margin | 5.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, J & J Hadfield Foundation reported a surplus of $8K with revenue exceeding expenses, holds 8.5 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 (2011–2023), J & J Hadfield Foundation's revenue has grown at a compound annual growth rate (CAGR) of 140.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.1% | -60.2% | +9.0% |
| 2022 | -50.4% | +107.4% | -69.2% |
| 2021 | -50.4% | -66.0% | +77.8% |
| 2020 | +281.1% | +183.9% | +166.3% |
| 2019 | +16016400.0% | +1780580.0% | +6192.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 J & J Hadfield Foundation with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, J & J Hadfield Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers are compensated through the organization or that compensation is covered by other means, which is a strong positive for resource allocation.
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 J & J Hadfield Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- No information on specific program activities funded
Strengths
The following positive indicators were identified for J & J Hadfield Foundation:
- Consistent 0% reported officer compensation
- High percentage of revenue deployed towards expenses (e.g., 2023: $141,910 expenses out of $150,226 revenue)
- Very low liabilities ($1 consistently reported)
- Positive asset growth over time
- Efficient use of funds with expenses closely tracking revenue
Frequently Asked Questions about J & J Hadfield Foundation
Is J & J Hadfield Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, J & J Hadfield Foundation (EIN: 202067329) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does J & J Hadfield Foundation spend its money?
J & J Hadfield Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to J & J Hadfield Foundation tax-deductible?
J & J Hadfield Foundation is registered as a tax-exempt nonprofit (EIN: 202067329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does J & J Hadfield Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), J & J Hadfield Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is J & J Hadfield Foundation located?
J & J Hadfield Foundation is headquartered in Lehi, Utah and files with the IRS under EIN 202067329. It is classified under NTEE code T22.
How many years of IRS 990 filings does J & J Hadfield Foundation have?
J & J Hadfield Foundation 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 $6.1M in total revenue.
How does the J & J Hadfield Foundation manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation is either entirely volunteer-run at the executive level, or that executive services are provided pro bono, or compensated through an entity not directly reported as officer compensation on the 990 form. This practice significantly maximizes the funds available for programmatic activities.
What are the specific programmatic activities funded by the J & J Hadfield Foundation?
The provided IRS 990 data does not detail the specific programmatic activities. To understand the impact and nature of their work, one would need to review the organization's mission statement, program service accomplishments section of their 990, or their website.
Given the NTEE code T22 (Private Grantmaking Foundations), how much of their expenses are grants to other organizations?
As a Private Grantmaking Foundation, a significant portion of their expenses would typically be grants to other organizations. However, the provided data only shows total expenses. A detailed breakdown of expenses, specifically grants paid, would be necessary to confirm this.
Filing History
IRS 990 filing history for J & J Hadfield Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), J & J Hadfield Foundation's revenue has grown by 3755550%, moving from $4 to $150K. Total assets increased by 4548.4% over the same period, from $2K to $100K. Total functional expenses rose by 28282%, from $500 to $142K. In its most recent filing year (2023), J & J Hadfield Foundation reported a surplus of $8K, with revenue exceeding expenses. The organization holds $1 in liabilities against $100K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $100K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $150K | $142K | $100K | $1 | — | — |
| 2022 | $150K | $357K | $92K | $1 | — | View 990 |
| 2021 | $303K | $172K | $299K | $1 | — | View 990 |
| 2020 | $610K | $506K | $168K | $1 | — | — |
| 2019 | $160K | $178K | $63K | $1 | — | — |
| 2015 | $1 | $10 | $1K | $1 | — | View 990 |
| 2014 | $441 | $500 | $1K | $1 | — | View 990 |
| 2013 | $10 | $0 | $1K | $0 | — | View 990 |
| 2012 | $402 | $2K | $1K | $0 | — | View 990 |
| 2011 | $4 | $500 | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150K, expenses of $142K, and assets of $100K (revenue +0.1% year-over-year).
- 2022: Revenue of $150K, expenses of $357K, and assets of $92K (revenue -50.4% year-over-year).
- 2021: Revenue of $303K, expenses of $172K, and assets of $299K (revenue -50.4% year-over-year).
- 2020: Revenue of $610K, expenses of $506K, and assets of $168K (revenue +281.1% year-over-year).
- 2019: Revenue of $160K, expenses of $178K, and assets of $63K (revenue +16016400.0% year-over-year).
- 2015: Revenue of $1, expenses of $10, and assets of $1K (revenue -99.8% year-over-year).
- 2014: Revenue of $441, expenses of $500, and assets of $1K (revenue +4310.0% year-over-year).
- 2013: Revenue of $10, expenses of $0, and assets of $1K (revenue -97.5% year-over-year).
- 2012: Revenue of $402, expenses of $2K, and assets of $1K (revenue +9950.0% year-over-year).
- 2011: Revenue of $4, expenses of $500, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J & J Hadfield Foundation:
Data Sources and Methodology
This transparency report for J & J Hadfield 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.