Kraig L Hodge Foundation
Kraig L Hodge Foundation reports $0 revenue and assets, indicating minimal or no current financial activity.
EIN: 208650582 · Ardmore, OK · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $9K |
| Program Spending | 100% |
| Net Assets | $5K |
| Transparency Score | 40/100 |
Is Kraig L Hodge Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kraig L Hodge Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kraig L Hodge Foundation
Kraig L Hodge Foundation (EIN: 208650582) is a nonprofit organization based in Ardmore, OK. 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 Kraig L Hodge Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kraig L Hodge Foundation is a micro nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -22.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $9K |
| Surplus / Deficit | $-4,789 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | -112.9% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2017, Kraig L Hodge Foundation reported a deficit of $5K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2017), Kraig L Hodge Foundation's revenue has declined at a compound annual growth rate (CAGR) of -22.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -54.1% | +13.1% | -50.9% |
| 2016 | -49.6% | -33.6% | +15.4% |
| 2015 | +355.3% | +205.7% | +338.3% |
| 2013 | -100.0% | -18.9% | -84.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kraig L Hodge Foundation with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Kraig L Hodge Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, suggesting a volunteer-led organization or that no officers receive compensation, which is positive for a small entity.
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 Kraig L Hodge Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or dissolution.
- Expenses frequently exceeded revenue in historical filings (e.g., 2017, 2013, 2011), suggesting financial instability at times.
Strengths
The following positive indicators were identified for Kraig L Hodge Foundation:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven model or no paid executives.
- No reported liabilities across all filings, suggesting good debt management.
Frequently Asked Questions about Kraig L Hodge Foundation
Is Kraig L Hodge Foundation a legitimate charity?
Kraig L Hodge Foundation (EIN: 208650582) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 40/100. It has 7 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Kraig L Hodge Foundation spend its money?
Kraig L Hodge Foundation directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Kraig L Hodge Foundation tax-deductible?
Kraig L Hodge Foundation is registered as a tax-exempt nonprofit (EIN: 208650582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kraig L Hodge Foundation located?
Kraig L Hodge Foundation is headquartered in Ardmore, Oklahoma and files with the IRS under EIN 208650582.
How many years of IRS 990 filings does Kraig L Hodge Foundation have?
Kraig L Hodge Foundation 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.
Is Kraig L Hodge Foundation still active?
The latest filing showing $0 revenue and $0 assets suggests the organization may no longer be actively operating or has ceased its financial activities.
What is the primary purpose of the Kraig L Hodge Foundation?
Without an NTEE code or program expense breakdown, it's difficult to ascertain the specific programs or mission of the foundation from the provided financial data alone.
How has the foundation managed its finances over time?
The foundation has experienced fluctuating revenues and expenses, with expenses often exceeding revenues in several periods (e.g., 2017, 2013, 2011), leading to a decrease in assets over time, culminating in $0 assets in the latest report.
Filing History
IRS 990 filing history for Kraig L Hodge Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Kraig L Hodge Foundation's revenue has declined by 78.9%, moving from $20K to $4K. Total assets decreased by 42.9% over the same period, from $8K to $5K. Total functional expenses fell by 64.9%, from $26K to $9K. In its most recent filing year (2017), Kraig L Hodge Foundation reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $4K | $9K | $5K | $0 | — | View 990 |
| 2016 | $9K | $8K | $9K | $0 | — | View 990 |
| 2015 | $18K | $12K | $8K | $0 | — | View 990 |
| 2014 | $4K | $4K | $2K | $0 | — | View 990 |
| 2013 | $0 | $10K | $2K | $0 | — | View 990 |
| 2012 | $15K | $12K | $11K | $0 | — | View 990 |
| 2011 | $20K | $26K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $4K, expenses of $9K, and assets of $5K (revenue -54.1% year-over-year).
- 2016: Revenue of $9K, expenses of $8K, and assets of $9K (revenue -49.6% year-over-year).
- 2015: Revenue of $18K, expenses of $12K, and assets of $8K (revenue +355.3% year-over-year).
- 2014: Revenue of $4K, expenses of $4K, and assets of $2K.
- 2013: Revenue of $0, expenses of $10K, and assets of $2K (revenue -100.0% year-over-year).
- 2012: Revenue of $15K, expenses of $12K, and assets of $11K (revenue -25.3% year-over-year).
- 2011: Revenue of $20K, expenses of $26K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kraig L Hodge Foundation:
Data Sources and Methodology
This transparency report for Kraig L Hodge 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.