Oscar T And Olivann Hokoldfoundation

Oscar T And Olivann Hokoldfoundation consistently expends nearly all revenue with no reported officer compensation.

EIN: 204298535 · Lakewood, WA · NTEE: T20 · Updated: 2026-03-28

$20.2MRevenue

$108.7MAssets

85/100Mission Score (Excellent)

T20

About Oscar T And Olivann Hokoldfoundation

Oscar T And Olivann Hokoldfoundation (EIN: 204298535) is a nonprofit organization based in Lakewood, WA, classified under NTEE code T20. The organization reported total revenue of $20.2M and total assets of $108.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oscar T And Olivann Hokoldfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Oscar T And Olivann Hokoldfoundation demonstrates strong financial health with substantial assets, most recently reported at $109,993,883 in 2023. The organization consistently expends nearly all of its revenue on its mission, as evidenced by the 2023 period where expenses of $19,887,071 closely matched revenue of $19,697,444. This indicates a commitment to deploying available funds rather than accumulating excessive surpluses. The foundation's NTEE code T20 suggests it is a grantmaking foundation, which typically means its 'program' spending is primarily grants to other organizations.

Spending efficiency appears high, given that officer compensation has been consistently reported as 0% across all available filings, including the latest in 2023. This suggests that administrative costs related to executive salaries are either non-existent or covered by other entities, which is highly unusual for an organization of this size and asset base. This lack of reported officer compensation, while seemingly positive, could also raise questions about the full disclosure of administrative overhead if executive functions are performed by uncompensated individuals or through external arrangements not clearly detailed.

Transparency is generally good through its consistent 990 filings. However, the absence of any reported officer compensation for an organization managing over $100 million in assets and distributing nearly $20 million annually warrants further investigation to understand how leadership and operational management are compensated or structured. This specific detail, or lack thereof, is a key point for potential donors or evaluators seeking a complete picture of the foundation's operational costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Oscar T And Olivann Hokoldfoundation 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Oscar T And Olivann Hokoldfoundation 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, including the latest in 2023, which is highly unusual for an organization with over $100 million in assets and nearly $20 million in annual expenses. This suggests either a volunteer-led executive team or that executive functions are compensated through an undisclosed mechanism or related 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 Oscar T And Olivann Hokoldfoundation's IRS 990 filings:

No reported officer compensation for an organization with over $100M in assets, which is highly unusual and could indicate incomplete disclosure of administrative costs or an unusual operational model.

Strengths

The following positive indicators were identified for Oscar T And Olivann Hokoldfoundation:

Strong program spending, with expenses closely matching revenue in recent years (e.g., 2023: $19,887,071 expenses vs. $19,697,444 revenue).
Substantial and stable asset base, with assets consistently over $100 million in recent periods, providing long-term financial stability.
Consistent 990 filing history, demonstrating transparency in financial reporting.
No reported officer compensation, indicating a high percentage of funds potentially directed towards programmatic activities.

Frequently Asked Questions about Oscar T And Olivann Hokoldfoundation

Is Oscar T And Olivann Hokoldfoundation a good charity?

Based on the available data, the foundation appears to be a highly efficient grantmaker, consistently distributing nearly all its revenue to its mission. The absence of reported officer compensation is a notable positive for direct program spending, though it warrants further inquiry into operational structure.

How does the foundation manage its operations without reported officer compensation?

The filings consistently show 0% officer compensation. This could mean that executive roles are filled by volunteers, or that compensation for these roles is handled through a related entity or mechanism not explicitly detailed in the officer compensation section of the 990.

What is the foundation's primary activity given its NTEE code T20?

An NTEE code of T20 indicates that the Oscar T And Olivann Hokoldfoundation is primarily a grantmaking foundation. This means its 'program' spending largely consists of grants to other non-profit organizations rather than direct service provision.

Filing History

IRS 990 filing history for Oscar T And Olivann Hokoldfoundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Oscar T And Olivann Hokoldfoundation's revenue has grown by 22068.3%, moving from $89K to $19.7M. Total assets increased by 14771.3% over the same period, from $740K to $110.0M. Total functional expenses rose by 46641.4%, from $43K to $19.9M. In its most recent filing year (2023), Oscar T And Olivann Hokoldfoundation reported a deficit of $190K, with expenses exceeding revenue. The organization holds $47.0M in liabilities against $110.0M in assets (debt-to-asset ratio: 42.7%), resulting in net assets of $63.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$19.7M	$19.9M	$110.0M	$47.0M	—	View 990
2022	$18.1M	$18.3M	$110.8M	$48.2M	—	View 990
2021	$19.0M	$17.1M	$111.9M	$49.3M	—	View 990
2020	$15.9M	$17.3M	$111.6M	$51.0M	—	—
2019	$15.1M	$16.0M	$104.8M	$42.8M	—	View 990
2015	$16K	$51K	$619K	$1	—	View 990
2014	$27K	$51K	$654K	$1	—	View 990
2013	$18K	$51K	$678K	$1	—	View 990
2012	$33K	$61K	$712K	$1	—	View 990
2011	$89K	$43K	$740K	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $19.7M, expenses of $19.9M, and assets of $110.0M (revenue +8.8% year-over-year).
2022: Revenue of $18.1M, expenses of $18.3M, and assets of $110.8M (revenue -4.6% year-over-year).
2021: Revenue of $19.0M, expenses of $17.1M, and assets of $111.9M (revenue +19.3% year-over-year).
2020: Revenue of $15.9M, expenses of $17.3M, and assets of $111.6M (revenue +5.3% year-over-year).
2019: Revenue of $15.1M, expenses of $16.0M, and assets of $104.8M (revenue +94489.8% year-over-year).
2015: Revenue of $16K, expenses of $51K, and assets of $619K (revenue -41.6% year-over-year).
2014: Revenue of $27K, expenses of $51K, and assets of $654K (revenue +54.5% year-over-year).
2013: Revenue of $18K, expenses of $51K, and assets of $678K (revenue -46.9% year-over-year).
2012: Revenue of $33K, expenses of $61K, and assets of $712K (revenue -62.5% year-over-year).
2011: Revenue of $89K, expenses of $43K, and assets of $740K.

Data Sources and Methodology

This transparency report for Oscar T And Olivann Hokoldfoundation 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.