Jane Hope Hastings Philanthropic Trust
Jane Hope Hastings Philanthropic Trust consistently spends more than its revenue, drawing down assets over four years.
EIN: 207142550 · Greenwich, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $242K |
| Program Spending | 90% |
| Net Assets | $854K |
| Transparency Score | 75/100 |
Is Jane Hope Hastings Philanthropic Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jane Hope Hastings Philanthropic Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jane Hope Hastings Philanthropic Trust
Jane Hope Hastings Philanthropic Trust (EIN: 207142550) is a nonprofit organization based in Greenwich, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jane Hope Hastings Philanthropic Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jane Hope Hastings Philanthropic Trust is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 53.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $242K |
| Surplus / Deficit | $-161,971 |
| Total Assets | $854K |
| Total Liabilities | $1 |
| Net Assets | $854K |
| Operating Margin | -203.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 42.4 months |
Financial Health Grade: B
In 2014, Jane Hope Hastings Philanthropic Trust reported a deficit of $162K with expenses exceeding revenue, holds 42.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Jane Hope Hastings Philanthropic Trust's revenue has grown at a compound annual growth rate (CAGR) of 53.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -38.2% | +14.6% | -15.9% |
| 2013 | +36.9% | +69.4% | -5.4% |
| 2012 | +328.7% | -23.8% | -2.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jane Hope Hastings Philanthropic Trust 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Jane Hope Hastings Philanthropic Trust 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $162K, 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 officer salaries are paid, which is a strong positive for resource allocation within this organization.
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 Jane Hope Hastings Philanthropic Trust's IRS 990 filings:
- Consistent spending exceeding revenue, leading to asset depletion
- Latest reported revenue is $0, indicating no new income generation
- NTEE code is unknown, hindering peer comparison and understanding of mission focus
Strengths
The following positive indicators were identified for Jane Hope Hastings Philanthropic Trust:
- Zero officer compensation reported, indicating efficient use of funds for its mission
- Low liabilities across all reported periods, suggesting good financial management
- Consistent asset base, despite drawdowns, indicating a foundation for philanthropic activity
Frequently Asked Questions about Jane Hope Hastings Philanthropic Trust
Is Jane Hope Hastings Philanthropic Trust a legitimate charity?
Jane Hope Hastings Philanthropic Trust (EIN: 207142550) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Jane Hope Hastings Philanthropic Trust spend its money?
Jane Hope Hastings Philanthropic Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jane Hope Hastings Philanthropic Trust tax-deductible?
Jane Hope Hastings Philanthropic Trust is registered as a tax-exempt nonprofit (EIN: 207142550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jane Hope Hastings Philanthropic Trust located?
Jane Hope Hastings Philanthropic Trust is headquartered in Greenwich, Connecticut and files with the IRS under EIN 207142550.
How many years of IRS 990 filings does Jane Hope Hastings Philanthropic Trust have?
Jane Hope Hastings Philanthropic Trust has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What is the primary purpose of the Jane Hope Hastings Philanthropic Trust?
Based on the financial data, the Trust appears to be a grant-making entity, distributing funds from its asset base rather than actively fundraising for operational expenses. Its consistent spending exceeding revenue suggests a focus on philanthropic distributions.
Why does the Trust consistently spend more than its revenue?
This pattern is typical for a philanthropic trust or foundation that distributes grants from its endowment or principal. The expenses likely represent grants made and associated administrative costs, drawing down the asset base over time.
Is the Jane Hope Hastings Philanthropic Trust financially sustainable long-term?
Given the consistent draw-down of assets (from $1,104,350 in 2011 to $853,985 in 2014) and zero reported revenue in the latest period, the Trust's long-term sustainability depends on its remaining asset base and any future planned endowments or revenue streams not reflected in these filings. Without new funding, its ability to continue distributions will diminish.
Filing History
IRS 990 filing history for Jane Hope Hastings Philanthropic Trust showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Jane Hope Hastings Philanthropic Trust's revenue has grown by 262.6%, moving from $22K to $80K. Total assets decreased by 22.7% over the same period, from $1.1M to $854K. Total functional expenses rose by 47.9%, from $163K to $242K. In its most recent filing year (2014), Jane Hope Hastings Philanthropic Trust reported a deficit of $162K, with expenses exceeding revenue. The organization holds $1 in liabilities against $854K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $854K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $80K | $242K | $854K | $1 | — | View 990 |
| 2013 | $129K | $211K | $1.0M | $0 | — | View 990 |
| 2012 | $94K | $124K | $1.1M | $0 | — | View 990 |
| 2011 | $22K | $163K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $80K, expenses of $242K, and assets of $854K (revenue -38.2% year-over-year).
- 2013: Revenue of $129K, expenses of $211K, and assets of $1.0M (revenue +36.9% year-over-year).
- 2012: Revenue of $94K, expenses of $124K, and assets of $1.1M (revenue +328.7% year-over-year).
- 2011: Revenue of $22K, expenses of $163K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jane Hope Hastings Philanthropic Trust:
Data Sources and Methodology
This transparency report for Jane Hope Hastings Philanthropic Trust 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.