Nancy Smith Hurd Foundation Tr

Nancy Smith Hurd Foundation Tr shows consistent asset growth and no officer compensation.

EIN: 206812519 · San Antonio, TX · NTEE: T21 · Updated: 2026-03-28

$20.2MRevenue

$93.2MAssets

90/100Mission Score (Excellent)

T21

About Nancy Smith Hurd Foundation Tr

Nancy Smith Hurd Foundation Tr (EIN: 206812519) is a nonprofit organization based in San Antonio, TX, classified under NTEE code T21. The organization reported total revenue of $20.2M and total assets of $93.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nancy Smith Hurd Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Nancy Smith Hurd Foundation Tr demonstrates strong financial health, with its assets growing significantly from $19.3 million in 2012 to over $93 million currently. The foundation consistently maintains minimal liabilities, indicating a stable financial position. Its spending efficiency appears robust, particularly in recent years, where expenses have generally been well below revenue, allowing for asset growth. For instance, in 2023, expenses were $4,671,735 against revenue of $7,238,534. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 10 filings available, and the explicit reporting of 0% officer compensation, which is a positive indicator of resource allocation towards its mission rather than executive salaries. As a private foundation, its primary function is grantmaking, and the lack of officer compensation suggests that administrative costs are likely low relative to its grant distributions.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Nancy Smith Hurd Foundation Tr with a Mission Score of 90 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Nancy Smith Hurd Foundation Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is highly unusual for an organization with over $93 million in assets and suggests that administrative functions are either volunteer-based or covered by other entities, allowing more funds to be directed towards its programmatic mission.

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 Nancy Smith Hurd Foundation Tr's IRS 990 filings:

Lack of detailed program spending breakdown in provided data (common for private foundations, but limits granular analysis)

Strengths

The following positive indicators were identified for Nancy Smith Hurd Foundation Tr:

Consistent asset growth, from $19.3M in 2012 to over $93M currently.
Zero officer compensation reported across all filings, indicating high efficiency in resource allocation.
Minimal liabilities ($1 across most filings), demonstrating strong financial stability.
Consistent filing of IRS 990s, indicating good transparency practices.
Expenses consistently lower than revenue in recent years, contributing to asset accumulation.

Frequently Asked Questions about Nancy Smith Hurd Foundation Tr

Is Nancy Smith Hurd Foundation Tr a good charity?

Based on the available financial data, the Nancy Smith Hurd Foundation Tr appears to be a very well-managed and efficient private foundation. It has substantial and growing assets, minimal liabilities, and reports 0% officer compensation, suggesting a strong focus on its mission through grantmaking rather than administrative overhead.

How has the foundation's asset base changed over time?

The foundation's assets have grown substantially, from $19,319,059 in 2012 to $93,196,054 currently, demonstrating significant financial growth and stability.

What is the trend in revenue and expenses?

Revenue has fluctuated, with peaks in 2013 ($25.6M) and 2012 ($19.3M), and more consistent levels around $5-7M in recent years. Expenses have generally been lower than revenue, particularly in recent periods, allowing for asset accumulation. For example, in 2023, revenue was $7,238,534 while expenses were $4,671,735.

Filing History

IRS 990 filing history for Nancy Smith Hurd Foundation Tr showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Nancy Smith Hurd Foundation Tr's revenue has grown by 723853300%, moving from $1 to $7.2M. Total assets increased by 9151305800% over the same period, from $1 to $91.5M. In its most recent filing year (2023), Nancy Smith Hurd Foundation Tr reported a surplus of $2.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $91.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $91.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$7.2M	$4.7M	$91.5M	$1	—	View 990
2022	$7.2M	$5.3M	$75.7M	$1	—	View 990
2021	$7.2M	$5.1M	$73.9M	$1	—	View 990
2020	$5.5M	$6.0M	$71.9M	$1	—	View 990
2019	$5.1M	$5.2M	$74.9M	$1	—	—
2015	$2.5M	$2.6M	$49.3M	$1	—	View 990
2014	$8.1M	$2.6M	$49.1M	$1	—	View 990
2013	$25.7M	$1.2M	$43.7M	$1	—	View 990
2012	$19.3M	$4K	$19.3M	$0	—	View 990
2011	$1	$0	$1	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $7.2M, expenses of $4.7M, and assets of $91.5M (revenue +0.4% year-over-year).
2022: Revenue of $7.2M, expenses of $5.3M, and assets of $75.7M (revenue +0.4% year-over-year).
2021: Revenue of $7.2M, expenses of $5.1M, and assets of $73.9M (revenue +29.8% year-over-year).
2020: Revenue of $5.5M, expenses of $6.0M, and assets of $71.9M (revenue +9.5% year-over-year).
2019: Revenue of $5.1M, expenses of $5.2M, and assets of $74.9M (revenue +100.3% year-over-year).
2015: Revenue of $2.5M, expenses of $2.6M, and assets of $49.3M (revenue -68.7% year-over-year).
2014: Revenue of $8.1M, expenses of $2.6M, and assets of $49.1M (revenue -68.5% year-over-year).
2013: Revenue of $25.7M, expenses of $1.2M, and assets of $43.7M (revenue +32.8% year-over-year).
2012: Revenue of $19.3M, expenses of $4K, and assets of $19.3M (revenue +1932679100.0% year-over-year).
2011: Revenue of $1, expenses of $0, and assets of $1.

Data Sources and Methodology

This transparency report for Nancy Smith Hurd Foundation Tr 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.