Kurt And Julie Hauser Foundation
Kurt And Julie Hauser Foundation demonstrates consistent asset growth and minimal liabilities over a decade.
EIN: 205174415 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $427K |
| Program Spending | 90% |
| Net Assets | $7.1M |
| Transparency Score | 85/100 |
Is Kurt And Julie Hauser Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kurt And Julie Hauser Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kurt And Julie Hauser Foundation
Kurt And Julie Hauser Foundation (EIN: 205174415) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $1.0M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kurt And Julie Hauser Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kurt And Julie Hauser Foundation is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $423K |
| Total Expenses | $427K |
| Surplus / Deficit | $-4,684 |
| Total Assets | $7.1M |
| Total Liabilities | $1 |
| Net Assets | $7.1M |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 199.7 months |
Financial Health Grade: B
In 2023, Kurt And Julie Hauser Foundation reported a deficit of $5K with expenses exceeding revenue, holds 199.7 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), Kurt And Julie Hauser Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | +12.3% | -0.1% |
| 2022 | -47.7% | +22.6% | +0.8% |
| 2021 | +8.0% | -0.3% | +8.1% |
| 2020 | +56.6% | +1.7% | +7.7% |
| 2019 | +6.9% | +10.6% | +13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Kurt And Julie Hauser Foundation with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Kurt And Julie Hauser Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through non-officer roles, which can be a positive indicator for minimizing administrative overhead.
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 Kurt And Julie Hauser Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in summary data
- Specific program impact not discernible from provided financial summary
Strengths
The following positive indicators were identified for Kurt And Julie Hauser Foundation:
- Consistent asset growth over a decade, from $3.75M to $7.11M
- Minimal liabilities ($1 reported consistently), indicating strong financial health
- No officer compensation reported, suggesting low executive overhead
- Consistent IRS 990 filing history, indicating good compliance
- Expenses generally well below revenue, allowing for asset accumulation
Frequently Asked Questions about Kurt And Julie Hauser Foundation
Is Kurt And Julie Hauser Foundation a legitimate charity?
Kurt And Julie Hauser Foundation (EIN: 205174415) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Kurt And Julie Hauser Foundation spend its money?
Kurt And Julie Hauser Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Kurt And Julie Hauser Foundation tax-deductible?
Kurt And Julie Hauser Foundation is registered as a tax-exempt nonprofit (EIN: 205174415). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kurt And Julie Hauser Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kurt And Julie Hauser 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 Kurt And Julie Hauser Foundation located?
Kurt And Julie Hauser Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 205174415. It is classified under NTEE code T22.
How many years of IRS 990 filings does Kurt And Julie Hauser Foundation have?
Kurt And Julie Hauser 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 $1.0M in total revenue.
What are the specific programs or grants funded by the Kurt And Julie Hauser Foundation?
The provided data does not detail the specific programs or grants funded by the foundation. This information would typically be found in the full IRS Form 990, Part XV, 'Grants and Other Assistance to Organizations, Governments, and Individuals in the U.S.' or similar sections.
How does the foundation manage its investment assets to generate revenue?
While the data shows consistent revenue generation and asset growth, it does not specify the investment strategies employed. Given the nature of a private foundation, investment income is likely a significant component of its revenue, but the specifics are not available here.
What is the foundation's strategy for asset growth versus immediate grantmaking?
The consistent increase in assets from $3.75M to $7.11M over a decade, alongside fluctuating but generally lower expenses compared to revenue, suggests a strategy that balances current grantmaking with long-term asset growth and endowment building. However, the explicit strategy is not detailed in the provided summary.
Filing History
IRS 990 filing history for Kurt And Julie Hauser Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kurt And Julie Hauser Foundation's revenue has declined by 13.1%, moving from $486K to $423K. Total assets increased by 89.5% over the same period, from $3.8M to $7.1M. Total functional expenses rose by 182.6%, from $151K to $427K. In its most recent filing year (2023), Kurt And Julie Hauser Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $423K | $427K | $7.1M | $1 | — | View 990 |
| 2022 | $440K | $380K | $7.1M | $1 | — | View 990 |
| 2021 | $840K | $310K | $7.1M | $1 | — | View 990 |
| 2020 | $777K | $311K | $6.5M | $1 | — | View 990 |
| 2019 | $497K | $306K | $6.1M | $1 | — | View 990 |
| 2015 | $465K | $277K | $5.3M | $1 | — | View 990 |
| 2014 | $691K | $231K | $5.2M | $1 | — | View 990 |
| 2013 | $721K | $219K | $4.7M | $1 | — | View 990 |
| 2012 | $644K | $199K | $4.2M | $1 | — | View 990 |
| 2011 | $486K | $151K | $3.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $423K, expenses of $427K, and assets of $7.1M (revenue -3.9% year-over-year).
- 2022: Revenue of $440K, expenses of $380K, and assets of $7.1M (revenue -47.7% year-over-year).
- 2021: Revenue of $840K, expenses of $310K, and assets of $7.1M (revenue +8.0% year-over-year).
- 2020: Revenue of $777K, expenses of $311K, and assets of $6.5M (revenue +56.6% year-over-year).
- 2019: Revenue of $497K, expenses of $306K, and assets of $6.1M (revenue +6.9% year-over-year).
- 2015: Revenue of $465K, expenses of $277K, and assets of $5.3M (revenue -32.8% year-over-year).
- 2014: Revenue of $691K, expenses of $231K, and assets of $5.2M (revenue -4.2% year-over-year).
- 2013: Revenue of $721K, expenses of $219K, and assets of $4.7M (revenue +12.1% year-over-year).
- 2012: Revenue of $644K, expenses of $199K, and assets of $4.2M (revenue +32.3% year-over-year).
- 2011: Revenue of $486K, expenses of $151K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kurt And Julie Hauser Foundation:
Data Sources and Methodology
This transparency report for Kurt And Julie Hauser 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.