John A Hubbard & Carol A Hubbard Charitable Foundation
John A Hubbard & Carol A Hubbard Charitable Foundation frequently spends more than its annual revenue, drawing from its assets.
EIN: 20500376 · Walpole, NH · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14K |
| Total Expenses | $79K |
| Program Spending | 80% |
| Net Assets | $355K |
| Transparency Score | 65/100 |
Is John A Hubbard & Carol A Hubbard Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John A Hubbard & Carol A Hubbard Charitable Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About John A Hubbard & Carol A Hubbard Charitable Foundation
John A Hubbard & Carol A Hubbard Charitable Foundation (EIN: 20500376) is a nonprofit organization based in Walpole, NH, classified under NTEE code T20. The organization reported total revenue of $14K and total assets of $318K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John A Hubbard & Carol A Hubbard Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John A Hubbard & Carol A Hubbard Charitable Foundation is a micro nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $79K |
| Surplus / Deficit | $-64,463 |
| Total Assets | $355K |
| Total Liabilities | $1 |
| Net Assets | $355K |
| Operating Margin | -437.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 53.8 months |
Financial Health Grade: B
In 2023, John A Hubbard & Carol A Hubbard Charitable Foundation reported a deficit of $64K with expenses exceeding revenue, holds 53.8 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 (2011–2023), John A Hubbard & Carol A Hubbard Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.0% | +48.0% | -15.4% |
| 2022 | +260.5% | +16.6% | +23.9% |
| 2021 | +135.4% | +7.1% | -2.5% |
| 2020 | +4.7% | +6.7% | -7.2% |
| 2019 | -67.0% | +3.1% | -21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 John A Hubbard & Carol A Hubbard Charitable Foundation with a Mission Score of 65 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, John A Hubbard & Carol A Hubbard Charitable Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $64K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is common for small, volunteer-run private foundations.
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 John A Hubbard & Carol A Hubbard Charitable Foundation's IRS 990 filings:
- Consistent spending exceeding revenue in multiple years (e.g., 2023 expenses $79,196 vs. revenue $14,733)
- Significant fluctuations in annual revenue, making financial planning potentially challenging
- Unusually consistent reporting of $1 in liabilities across all filings
Strengths
The following positive indicators were identified for John A Hubbard & Carol A Hubbard Charitable Foundation:
- No officer compensation reported across all filings, indicating volunteer leadership or minimal overhead in this area
- Stable asset base over the long term, despite revenue volatility (e.g., assets $318,232 in 2023 vs. $321,020 in 2011)
- Long history of IRS 990 filings (10 filings), indicating consistent compliance
Frequently Asked Questions about John A Hubbard & Carol A Hubbard Charitable Foundation
Is John A Hubbard & Carol A Hubbard Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, John A Hubbard & Carol A Hubbard Charitable Foundation (EIN: 20500376) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does John A Hubbard & Carol A Hubbard Charitable Foundation spend its money?
John A Hubbard & Carol A Hubbard Charitable Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to John A Hubbard & Carol A Hubbard Charitable Foundation tax-deductible?
John A Hubbard & Carol A Hubbard Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 20500376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of John A Hubbard & Carol A Hubbard Charitable Foundation's spending goes to programs?
John A Hubbard & Carol A Hubbard Charitable Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does John A Hubbard & Carol A Hubbard Charitable Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), John A Hubbard & Carol A Hubbard Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is John A Hubbard & Carol A Hubbard Charitable Foundation located?
John A Hubbard & Carol A Hubbard Charitable Foundation is headquartered in Walpole, New Hampshire and files with the IRS under EIN 20500376. It is classified under NTEE code T20.
How many years of IRS 990 filings does John A Hubbard & Carol A Hubbard Charitable Foundation have?
John A Hubbard & Carol A Hubbard Charitable 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 $14K in total revenue.
How does the foundation manage to consistently spend more than its revenue?
The foundation likely draws from its existing asset base or endowment to cover expenses when annual revenue is insufficient, as seen in 2023 where expenses were $79,196 against $14,733 in revenue.
What is the primary purpose of the foundation's expenditures?
As a private grantmaking foundation (NTEE T20), its primary expenditures are expected to be grants to other organizations or individuals, though specific grant details are not provided in this summary.
Why are liabilities consistently reported as $1?
The consistent reporting of $1 in liabilities across all filings is unusual and may represent a nominal placeholder for minor outstanding payables or a simplified reporting practice for very small amounts.
Filing History
IRS 990 filing history for John A Hubbard & Carol A Hubbard Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), John A Hubbard & Carol A Hubbard Charitable Foundation's revenue has grown by 38.6%, moving from $11K to $15K. Total assets increased by 10.6% over the same period, from $321K to $355K. Total functional expenses rose by 181.3%, from $28K to $79K. In its most recent filing year (2023), John A Hubbard & Carol A Hubbard Charitable Foundation reported a deficit of $64K, with expenses exceeding revenue. The organization holds $1 in liabilities against $355K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $355K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $79K | $355K | $1 | — | — |
| 2022 | $134K | $54K | $420K | $1 | — | View 990 |
| 2021 | $37K | $46K | $339K | $1 | — | View 990 |
| 2020 | $16K | $43K | $347K | $1 | — | — |
| 2019 | $15K | $40K | $374K | $1 | — | — |
| 2015 | $46K | $39K | $474K | $1 | — | View 990 |
| 2014 | $214K | $41K | $467K | $1 | — | View 990 |
| 2013 | $20K | $36K | $294K | $1 | — | View 990 |
| 2012 | $16K | $27K | $310K | $1 | — | View 990 |
| 2011 | $11K | $28K | $321K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $79K, and assets of $355K (revenue -89.0% year-over-year).
- 2022: Revenue of $134K, expenses of $54K, and assets of $420K (revenue +260.5% year-over-year).
- 2021: Revenue of $37K, expenses of $46K, and assets of $339K (revenue +135.4% year-over-year).
- 2020: Revenue of $16K, expenses of $43K, and assets of $347K (revenue +4.7% year-over-year).
- 2019: Revenue of $15K, expenses of $40K, and assets of $374K (revenue -67.0% year-over-year).
- 2015: Revenue of $46K, expenses of $39K, and assets of $474K (revenue -78.6% year-over-year).
- 2014: Revenue of $214K, expenses of $41K, and assets of $467K (revenue +946.9% year-over-year).
- 2013: Revenue of $20K, expenses of $36K, and assets of $294K (revenue +29.7% year-over-year).
- 2012: Revenue of $16K, expenses of $27K, and assets of $310K (revenue +48.4% year-over-year).
- 2011: Revenue of $11K, expenses of $28K, and assets of $321K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John A Hubbard & Carol A Hubbard Charitable Foundation:
Data Sources and Methodology
This transparency report for John A Hubbard & Carol A Hubbard Charitable 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.