Paul B Hunter & Constance D Hunter Charitable Foundation Inc
Paul B Hunter & Constance D Hunter Charitable Foundation Inc maintains strong asset growth with zero reported officer compensation.
EIN: 202155550 · Ormond Beach, FL · NTEE: T22 · Updated: 2026-03-28
Is Paul B Hunter & Constance D Hunter Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paul B Hunter & Constance D Hunter Charitable Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paul B Hunter & Constance D Hunter Charitable Foundation Inc
Paul B Hunter & Constance D Hunter Charitable Foundation Inc (EIN: 202155550) is a nonprofit organization based in Ormond Beach, FL, classified under NTEE code T22. The organization reported total revenue of $16.2M and total assets of $36.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paul B Hunter & Constance D Hunter Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paul B Hunter & Constance D Hunter Charitable Foundation Inc is a large nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -17.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $539K |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-2,096,812 |
| Total Assets | $34.8M |
| Total Liabilities | $1 |
| Net Assets | $34.8M |
| Operating Margin | -388.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 158.3 months |
Financial Health Grade: B
In 2023, Paul B Hunter & Constance D Hunter Charitable Foundation Inc reported a deficit of $2.1M with expenses exceeding revenue, holds 158.3 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), Paul B Hunter & Constance D Hunter Charitable Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -17.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -82.8% | -2.2% | -5.7% |
| 2022 | -50.0% | -13.9% | +1.2% |
| 2021 | +5.0% | +23.9% | +9.5% |
| 2020 | +318.8% | +7.5% | +11.2% |
| 2019 | -65.2% | +42.2% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Paul B Hunter & Constance D Hunter Charitable Foundation Inc with a Mission Score of 92 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: 90%
- fundraising: 5%
According to IRS 990 filings, Paul B Hunter & Constance D Hunter Charitable Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten filing periods, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable for donor confidence and efficiency.
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 Paul B Hunter & Constance D Hunter Charitable Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, making future income less predictable.
Strengths
The following positive indicators were identified for Paul B Hunter & Constance D Hunter Charitable Foundation Inc:
- Consistent asset growth, from $6,906,324 in 2011 to $34,773,823 in 2023.
- Zero reported officer compensation across all ten filing periods, indicating high efficiency at the executive level.
- Consistently low liabilities, demonstrating strong financial health and responsible management.
- Substantial latest revenue of $16,224,213, indicating strong fundraising capacity.
Frequently Asked Questions about Paul B Hunter & Constance D Hunter Charitable Foundation Inc
Is Paul B Hunter & Constance D Hunter Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Paul B Hunter & Constance D Hunter Charitable Foundation Inc (EIN: 202155550) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Paul B Hunter & Constance D Hunter Charitable Foundation Inc spend its money?
Paul B Hunter & Constance D Hunter Charitable Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Paul B Hunter & Constance D Hunter Charitable Foundation Inc tax-deductible?
Paul B Hunter & Constance D Hunter Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202155550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Paul B Hunter & Constance D Hunter Charitable Foundation Inc financially stable?
Yes, the foundation appears financially stable, with assets growing from $6,906,324 in 2011 to $34,773,823 in 2023, and consistently low liabilities across all reported periods.
How efficient is the foundation's spending?
The foundation demonstrates high spending efficiency, particularly given its 0% reported officer compensation across all filings, suggesting a very lean administrative overhead at the executive level.
What is the trend in the foundation's revenue?
The foundation's revenue has fluctuated significantly, from a low of $225,131 in 2012 to a high of $24,314,806 in 2014, and $16,224,213 as its latest reported revenue, indicating variability in its funding sources.
Filing History
IRS 990 filing history for Paul B Hunter & Constance D Hunter Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Paul B Hunter & Constance D Hunter Charitable Foundation Inc's revenue has declined by 89.8%, moving from $5.3M to $539K. Total assets increased by 403.5% over the same period, from $6.9M to $34.8M. Total functional expenses rose by 956.5%, from $250K to $2.6M. In its most recent filing year (2023), Paul B Hunter & Constance D Hunter Charitable Foundation Inc reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $1 in liabilities against $34.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $34.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $539K | $2.6M | $34.8M | $1 | — | View 990 |
| 2022 | $3.1M | $2.7M | $36.9M | $5K | — | View 990 |
| 2021 | $6.3M | $3.1M | $36.4M | $1 | — | View 990 |
| 2020 | $6.0M | $2.5M | $33.3M | $1 | — | — |
| 2019 | $1.4M | $2.3M | $29.9M | $1 | — | — |
| 2015 | $4.1M | $1.7M | $32.7M | $5K | — | View 990 |
| 2014 | $24.3M | $713K | $30.2M | $1 | — | View 990 |
| 2013 | $291K | $468K | $6.5M | $0 | — | View 990 |
| 2012 | $225K | $447K | $6.7M | $0 | — | View 990 |
| 2011 | $5.3M | $250K | $6.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $539K, expenses of $2.6M, and assets of $34.8M (revenue -82.8% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.7M, and assets of $36.9M (revenue -50.0% year-over-year).
- 2021: Revenue of $6.3M, expenses of $3.1M, and assets of $36.4M (revenue +5.0% year-over-year).
- 2020: Revenue of $6.0M, expenses of $2.5M, and assets of $33.3M (revenue +318.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $2.3M, and assets of $29.9M (revenue -65.2% year-over-year).
- 2015: Revenue of $4.1M, expenses of $1.7M, and assets of $32.7M (revenue -83.1% year-over-year).
- 2014: Revenue of $24.3M, expenses of $713K, and assets of $30.2M (revenue +8268.1% year-over-year).
- 2013: Revenue of $291K, expenses of $468K, and assets of $6.5M (revenue +29.1% year-over-year).
- 2012: Revenue of $225K, expenses of $447K, and assets of $6.7M (revenue -95.7% year-over-year).
- 2011: Revenue of $5.3M, expenses of $250K, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paul B Hunter & Constance D Hunter Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Paul B Hunter & Constance D Hunter Charitable 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.