Lisa Higgins Hussman Foundation Inc
Lisa Higgins Hussman Foundation faces consistent deficits, depleting assets over the past decade.
EIN: 203409415 · Ellicott City, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $495K |
| Total Expenses | $297K |
| Program Spending | 80% |
| Net Assets | $2.1M |
| Transparency Score | 55/100 |
Is Lisa Higgins Hussman Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lisa Higgins Hussman Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lisa Higgins Hussman Foundation Inc
Lisa Higgins Hussman Foundation Inc (EIN: 203409415) is a nonprofit organization based in Ellicott City, MD, classified under NTEE code T22. The organization reported total revenue of $495K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lisa Higgins Hussman Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lisa Higgins Hussman Foundation Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -17.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $297K |
| Surplus / Deficit | $-203,003 |
| Total Assets | $2.1M |
| Total Liabilities | $1 |
| Net Assets | $2.1M |
| Operating Margin | -217.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 84.5 months |
Financial Health Grade: B
In 2024, Lisa Higgins Hussman Foundation Inc reported a deficit of $203K with expenses exceeding revenue, holds 84.5 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), Lisa Higgins Hussman Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -22.8% | +3.5% | -8.9% |
| 2023 | -41.9% | -13.5% | -6.7% |
| 2022 | -7.3% | -5.8% | -4.8% |
| 2021 | +53.1% | +12.9% | -4.7% |
| 2020 | -59.6% | -28.0% | -14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Lisa Higgins Hussman Foundation Inc with a Mission Score of 55 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lisa Higgins Hussman 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 $203K, 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 officers are not receiving salaries, which is a positive sign for resource allocation within the 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 Lisa Higgins Hussman Foundation Inc's IRS 990 filings:
- Consistent net deficits (expenses exceeding revenue) in recent years, e.g., $93,549 revenue vs. $296,552 expenses in 202406.
- Significant decline in assets from $3,244,586 in 201506 to $2,087,847 in 202406, indicating spending down of reserves.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full efficiency assessment.
Strengths
The following positive indicators were identified for Lisa Higgins Hussman Foundation Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- Very low liabilities reported ($0-$1 across all filings), suggesting strong financial management regarding debt.
- Consistent filing of IRS Form 990s (10 filings), demonstrating transparency in reporting.
Frequently Asked Questions about Lisa Higgins Hussman Foundation Inc
Is Lisa Higgins Hussman Foundation Inc a legitimate charity?
Lisa Higgins Hussman Foundation Inc (EIN: 203409415) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $495K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Lisa Higgins Hussman Foundation Inc spend its money?
Lisa Higgins Hussman Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lisa Higgins Hussman Foundation Inc tax-deductible?
Lisa Higgins Hussman Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203409415). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lisa Higgins Hussman Foundation Inc's spending goes to programs?
Lisa Higgins Hussman Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lisa Higgins Hussman Foundation Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Lisa Higgins Hussman Foundation Inc is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lisa Higgins Hussman Foundation Inc located?
Lisa Higgins Hussman Foundation Inc is headquartered in Ellicott City, Maryland and files with the IRS under EIN 203409415. It is classified under NTEE code T22.
How many years of IRS 990 filings does Lisa Higgins Hussman Foundation Inc have?
Lisa Higgins Hussman 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 $495K in total revenue.
What is the long-term strategy for addressing the consistent revenue shortfalls?
The organization has consistently spent more than it has brought in, leading to a decline in assets from over $3.2 million in 2015 to $2.08 million in 2024. A clear strategy for increasing revenue or reducing expenses is crucial for sustainability.
What is the specific breakdown of expenses beyond total expenses?
The provided data only shows total expenses. A detailed breakdown into program services, administrative, and fundraising costs would allow for a more precise assessment of spending efficiency and mission focus.
How does the foundation plan to sustain its grantmaking activities with declining assets?
As a grantmaking foundation (NTEE T22), its ability to fulfill its mission relies on its asset base. The continuous depletion of assets raises questions about its future capacity to provide grants.
Filing History
IRS 990 filing history for Lisa Higgins Hussman Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Lisa Higgins Hussman Foundation Inc's revenue has declined by 89.3%, moving from $877K to $94K. Total assets decreased by 26.6% over the same period, from $2.8M to $2.1M. Total functional expenses fell by 51.7%, from $613K to $297K. In its most recent filing year (2024), Lisa Higgins Hussman Foundation Inc reported a deficit of $203K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $94K | $297K | $2.1M | $1 | — | View 990 |
| 2023 | $121K | $287K | $2.3M | $1 | — | View 990 |
| 2022 | $209K | $331K | $2.5M | $1 | — | View 990 |
| 2021 | $225K | $352K | $2.6M | $1 | — | — |
| 2020 | $147K | $311K | $2.7M | $0 | — | View 990 |
| 2016 | $364K | $433K | $3.2M | $0 | — | View 990 |
| 2015 | $546K | $532K | $3.2M | $0 | — | View 990 |
| 2014 | $737K | $628K | $3.2M | $0 | — | View 990 |
| 2013 | $896K | $620K | $3.1M | $0 | — | View 990 |
| 2012 | $877K | $613K | $2.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $94K, expenses of $297K, and assets of $2.1M (revenue -22.8% year-over-year).
- 2023: Revenue of $121K, expenses of $287K, and assets of $2.3M (revenue -41.9% year-over-year).
- 2022: Revenue of $209K, expenses of $331K, and assets of $2.5M (revenue -7.3% year-over-year).
- 2021: Revenue of $225K, expenses of $352K, and assets of $2.6M (revenue +53.1% year-over-year).
- 2020: Revenue of $147K, expenses of $311K, and assets of $2.7M (revenue -59.6% year-over-year).
- 2016: Revenue of $364K, expenses of $433K, and assets of $3.2M (revenue -33.4% year-over-year).
- 2015: Revenue of $546K, expenses of $532K, and assets of $3.2M (revenue -26.0% year-over-year).
- 2014: Revenue of $737K, expenses of $628K, and assets of $3.2M (revenue -17.8% year-over-year).
- 2013: Revenue of $896K, expenses of $620K, and assets of $3.1M (revenue +2.1% year-over-year).
- 2012: Revenue of $877K, expenses of $613K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lisa Higgins Hussman Foundation Inc:
Data Sources and Methodology
This transparency report for Lisa Higgins Hussman 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.