James And Pauline Hackbarth Foundation Inc
James And Pauline Hackbarth Foundation consistently spends more than its annual revenue, drawing on substantial assets.
EIN: 200521089 · Ocean Isl Bch, NC · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $616K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4.9 |
| Net Assets | $5.0M |
| Transparency Score | 75/100 |
Search Intent Cockpit
James And Pauline Hackbarth Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
James And Pauline Hackbarth Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around James And Pauline Hackbarth Foundation Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $162K and expenses of $616K.
Revenue and Expenses
James And Pauline Hackbarth Foundation Inc reported $162K in revenue and $616K in expenses, a deficit of $454K.
Executive Compensation
Top officer compensation appears as $4.9 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 3 red flags, and 4 strengths are shown from structured and AI review.
Is James And Pauline Hackbarth Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $493K (80%) |
Across stored filings, James And Pauline Hackbarth Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Cccp Community Trust | North Carolina and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Cccp Community Trust →All North Carolina nonprofits
All Philanthropy
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Ocean Isl Bch, NC nonprofitsPhilanthropy in North Carolina
Public Benefit in North Carolina
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Philanthropy spending
Best Philanthropy charities in North Carolina
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Childrens Hope Alliance
Statesville, NC · $23.5M revenue · Score 95/100
Compare side-by-sideRobert Haywood Morrison Foundation
Charlotte, NC · $3.5M revenue · Score 85/100
Compare side-by-sidePeninsula Community Foundation
Cornelius, NC · $642K revenue · Score 85/100
Compare side-by-sideDare County Education Foundation Inc
Kitty Hawk, NC · $601K revenue · Score 92/100
Compare side-by-sideBrowse the full Philanthropy peer market in North Carolina →
Next Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for James And Pauline Hackbarth Foundation Inc with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
James And Pauline Hackbarth Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James And Pauline Hackbarth Foundation Inc
James And Pauline Hackbarth Foundation Inc (EIN: 200521089) is a nonprofit organization based in Ocean Isl Bch, NC, classified under NTEE code T22. The organization reported total revenue of $1.2M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James And Pauline Hackbarth Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James And Pauline Hackbarth Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $162K |
| Total Expenses | $616K |
| Surplus / Deficit | $-453,918 |
| Total Assets | $5.0M |
| Total Liabilities | $1 |
| Net Assets | $5.0M |
| Operating Margin | -279.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 96.6 months |
Financial Health Grade: B
In 2024, James And Pauline Hackbarth Foundation Inc reported a deficit of $454K with expenses exceeding revenue, holds 96.6 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), James And Pauline Hackbarth Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -72.6% | +9.0% | -3.8% |
| 2023 | -40.8% | +26.5% | -0.6% |
| 2022 | +440.1% | +44.9% | -12.9% |
| 2021 | +50.6% | +12.6% | +22.3% |
| 2020 | -44.4% | -33.7% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 James And Pauline Hackbarth 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, James And Pauline Hackbarth 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $454K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation, which is highly efficient for an organization with assets exceeding $4.9 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.
Red Flags
The following concerns were identified during AI analysis of James And Pauline Hackbarth Foundation Inc's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., 202406: Revenue=$162,462, Expenses=$616,380).
- Reliance on asset drawdowns to cover operational costs, which may not be sustainable indefinitely.
- Lack of detailed functional expense breakdowns in the provided data, making it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for James And Pauline Hackbarth Foundation Inc:
- Substantial asset base (over $4.9 million as of 202406) provides financial stability.
- Zero reported officer compensation across all filings, indicating highly efficient leadership costs.
- Minimal liabilities ($1 reported in most recent filings) suggests a healthy balance sheet.
- Consistent filing history (10 filings) demonstrates transparency in reporting to the IRS.
Frequently Asked Questions about James And Pauline Hackbarth Foundation Inc
Is James And Pauline Hackbarth Foundation Inc a legitimate charity?
James And Pauline Hackbarth Foundation Inc (EIN: 200521089) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does James And Pauline Hackbarth Foundation Inc spend its money?
James And Pauline Hackbarth Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to James And Pauline Hackbarth Foundation Inc tax-deductible?
James And Pauline Hackbarth Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200521089). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the James And Pauline Hackbarth Foundation Inc CEO make?
James And Pauline Hackbarth Foundation Inc's highest-compensated officer earns $4.9 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of James And Pauline Hackbarth Foundation Inc's spending goes to programs?
James And Pauline Hackbarth Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does James And Pauline Hackbarth Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), James And Pauline Hackbarth Foundation Inc 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 James And Pauline Hackbarth Foundation Inc located?
James And Pauline Hackbarth Foundation Inc is headquartered in Ocean Isl Bch, North Carolina and files with the IRS under EIN 200521089. It is classified under NTEE code T22.
How many years of IRS 990 filings does James And Pauline Hackbarth Foundation Inc have?
James And Pauline Hackbarth Foundation Inc 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 $1.2M in total revenue.
How does the James And Pauline Hackbarth Foundation Inc. sustain its operations given its recurring operational deficits?
The foundation appears to sustain its operations by drawing down on its substantial asset base, which has consistently been above $4.8 million over the past decade, as evidenced by the 202406 assets of $4,959,822 despite expenses exceeding revenue by over $450,000 in that period.
What is the long-term strategy for managing the consistent spending exceeding revenue?
The provided data does not detail the foundation's long-term strategy for managing its consistent operational deficits. However, the trend suggests a reliance on its endowment or investment returns to cover the gap between revenue and expenses.
What are the specific program areas or beneficiaries of the foundation's spending?
The NTEE code T22 indicates the foundation is involved in 'Private Grantmaking Foundations'. However, the provided financial data does not specify the particular program areas or beneficiaries of its grants or direct spending.
Does the foundation have any fundraising activities, given the low estimated fundraising percentage?
While a small percentage (estimated at 5%) is allocated to fundraising in the spending breakdown, the consistent operational deficits suggest that the foundation primarily relies on its existing assets and investment income rather than active external fundraising campaigns.
Filing History
IRS 990 filing history for James And Pauline Hackbarth Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), James And Pauline Hackbarth Foundation Inc's revenue has declined by 12.2%, moving from $185K to $162K. Total assets decreased by 5.9% over the same period, from $5.3M to $5.0M. Total functional expenses rose by 55.9%, from $395K to $616K. In its most recent filing year (2024), James And Pauline Hackbarth Foundation Inc reported a deficit of $454K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $162K | $616K | $5.0M | $1 | — | — |
| 2023 | $592K | $566K | $5.2M | $1 | — | View 990 |
| 2022 | $1.0M | $447K | $5.2M | $1 | — | View 990 |
| 2021 | $185K | $308K | $6.0M | $1 | — | View 990 |
| 2020 | $123K | $274K | $4.9M | $1 | — | View 990 |
| 2019 | $221K | $413K | $5.2M | $1 | — | View 990 |
| 2015 | $460K | $454K | $5.1M | $1 | — | View 990 |
| 2014 | $374K | $577K | $5.4M | $1 | — | View 990 |
| 2013 | $336K | $522K | $5.3M | $1 | — | View 990 |
| 2012 | $185K | $395K | $5.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $162K, expenses of $616K, and assets of $5.0M (revenue -72.6% year-over-year).
- 2023: Revenue of $592K, expenses of $566K, and assets of $5.2M (revenue -40.8% year-over-year).
- 2022: Revenue of $1.0M, expenses of $447K, and assets of $5.2M (revenue +440.1% year-over-year).
- 2021: Revenue of $185K, expenses of $308K, and assets of $6.0M (revenue +50.6% year-over-year).
- 2020: Revenue of $123K, expenses of $274K, and assets of $4.9M (revenue -44.4% year-over-year).
- 2019: Revenue of $221K, expenses of $413K, and assets of $5.2M (revenue -51.9% year-over-year).
- 2015: Revenue of $460K, expenses of $454K, and assets of $5.1M (revenue +23.0% year-over-year).
- 2014: Revenue of $374K, expenses of $577K, and assets of $5.4M (revenue +11.2% year-over-year).
- 2013: Revenue of $336K, expenses of $522K, and assets of $5.3M (revenue +81.7% year-over-year).
- 2012: Revenue of $185K, expenses of $395K, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James And Pauline Hackbarth Foundation Inc:
Data Sources and Methodology
This transparency report for James And Pauline Hackbarth 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.