Margaret M Hill Foundation
Margaret M Hill Foundation shows volatile revenue and expense patterns with zero executive compensation.
EIN: 137088667 · New York, NY · NTEE: T31J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $1.1M |
| Program Spending | 80% |
| Net Assets | $1.1M |
| Transparency Score | 75/100 |
Is Margaret M Hill Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Margaret M Hill Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Margaret M Hill Foundation
Margaret M Hill Foundation (EIN: 137088667) is a nonprofit organization based in New York, NY, classified under NTEE code T31J. The organization reported total revenue of $3.5M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Margaret M Hill Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Margaret M Hill Foundation is a mid-size nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 69.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-1,004,642 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | -767.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 11.6 months |
Financial Health Grade: B
In 2023, Margaret M Hill Foundation reported a deficit of $1.0M with expenses exceeding revenue, holds 11.6 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), Margaret M Hill Foundation's revenue has grown at a compound annual growth rate (CAGR) of 69.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -78.6% | +534.8% | -46.5% |
| 2022 | +1787.7% | +376.6% | -25.2% |
| 2021 | +6.8% | +717.7% | +23.3% |
| 2020 | -84.4% | -59.8% | +20.0% |
| 2019 | +97.1% | -94.1% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Margaret M Hill Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Margaret M Hill 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 $1.0M, 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 funds are allocated to executive salaries, which is highly favorable for donor confidence and mission-focused spending.
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 Margaret M Hill Foundation's IRS 990 filings:
- Significant expense volatility, particularly the high expenses relative to revenue in 2023 ($1,135,507 expenses vs. $130,865 revenue).
- Fluctuating asset base, indicating potential reliance on investment performance or inconsistent funding.
- Negative revenue reported in 2013 (-$68,631), which could indicate investment losses or accounting adjustments.
Strengths
The following positive indicators were identified for Margaret M Hill Foundation:
- Consistent 0% officer compensation, indicating strong commitment to mission over executive pay.
- Generally low liabilities across most filing periods, suggesting a healthy balance sheet.
- Substantial asset base ($2,801,961 latest) provides a buffer for operations and program funding.
Frequently Asked Questions about Margaret M Hill Foundation
Is Margaret M Hill Foundation a legitimate charity?
Margaret M Hill Foundation (EIN: 137088667) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.5M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Margaret M Hill Foundation spend its money?
Margaret M Hill Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Margaret M Hill Foundation tax-deductible?
Margaret M Hill Foundation is registered as a tax-exempt nonprofit (EIN: 137088667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Margaret M Hill Foundation's spending goes to programs?
Margaret M Hill Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Margaret M Hill Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Margaret M Hill Foundation is above average for NTEE category T31J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Margaret M Hill Foundation located?
Margaret M Hill Foundation is headquartered in New York, New York and files with the IRS under EIN 137088667. It is classified under NTEE code T31J.
How many years of IRS 990 filings does Margaret M Hill Foundation have?
Margaret M Hill 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 $3.5M in total revenue.
What caused the significant expense increase in 2023 ($1,135,507) compared to prior years' expenses?
The provided data does not specify the nature of these expenses, but such a large increase relative to revenue ($130,865) suggests a major program initiative, asset purchase, or an unusual operational cost.
How does the foundation sustain operations during years with negative net revenue, such as 2023 where expenses far exceeded revenue?
The foundation likely draws from its asset base or relies on prior year surpluses to cover deficits, as seen by the fluctuating asset values.
What is the primary source of the foundation's revenue, given its variability?
The variability suggests a reliance on investment returns, large grants, or infrequent major donations rather than consistent operational income, though the data does not specify.
Filing History
IRS 990 filing history for Margaret M Hill Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Margaret M Hill Foundation's revenue has grown by 57549.8%, moving from $227 to $131K. Total assets decreased by 49.9% over the same period, from $2.2M to $1.1M. Total functional expenses rose by 1073.8%, from $97K to $1.1M. In its most recent filing year (2023), Margaret M Hill Foundation reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $1.1M | $1.1M | $1 | — | — |
| 2022 | $612K | $179K | $2.0M | $1 | — | View 990 |
| 2021 | $32K | $38K | $2.7M | $1 | — | — |
| 2020 | $30K | $5K | $2.2M | $1 | — | — |
| 2019 | $194K | $11K | $1.8M | $1 | — | View 990 |
| 2015 | $99K | $195K | $1.8M | $0 | — | View 990 |
| 2014 | $62K | $34K | $2.0M | $0 | — | View 990 |
| 2013 | $-68,631 | $61K | $2.0M | $0 | — | View 990 |
| 2012 | $23K | $91K | $2.1M | $3K | — | View 990 |
| 2011 | $227 | $97K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $1.1M, and assets of $1.1M (revenue -78.6% year-over-year).
- 2022: Revenue of $612K, expenses of $179K, and assets of $2.0M (revenue +1787.7% year-over-year).
- 2021: Revenue of $32K, expenses of $38K, and assets of $2.7M (revenue +6.8% year-over-year).
- 2020: Revenue of $30K, expenses of $5K, and assets of $2.2M (revenue -84.4% year-over-year).
- 2019: Revenue of $194K, expenses of $11K, and assets of $1.8M (revenue +97.1% year-over-year).
- 2015: Revenue of $99K, expenses of $195K, and assets of $1.8M (revenue +59.0% year-over-year).
- 2014: Revenue of $62K, expenses of $34K, and assets of $2.0M.
- 2013: Revenue of $-68,631, expenses of $61K, and assets of $2.0M (revenue -397.7% year-over-year).
- 2012: Revenue of $23K, expenses of $91K, and assets of $2.1M (revenue +10055.9% year-over-year).
- 2011: Revenue of $227, expenses of $97K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Margaret M Hill Foundation:
Data Sources and Methodology
This transparency report for Margaret M Hill 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.