Stephen R And Joanne Hammes Familycharitable Foundation

Stephen R And Joanne Hammes Familycharitable Foundation consistently spends more than its annual revenue, relying on its asset base.

EIN: 205971555 · Tiffin, IA · NTEE: T20 · Updated: 2026-03-28

$6KRevenue

$267KAssets

85/100Mission Score (Excellent)

T20

About Stephen R And Joanne Hammes Familycharitable Foundation

Stephen R And Joanne Hammes Familycharitable Foundation (EIN: 205971555) is a nonprofit organization based in Tiffin, IA, classified under NTEE code T20. The organization reported total revenue of $6K and total assets of $267K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stephen R And Joanne Hammes Familycharitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Stephen R And Joanne Hammes Familycharitable Foundation appears to be a private foundation primarily focused on grantmaking, as indicated by its NTEE code T20. Its financial health shows significant fluctuations in revenue, with a notable spike in 2021 ($206,795) compared to other years, which typically see revenue in the low thousands (e.g., $6,909 in 2023). Despite these revenue variations, the organization consistently reports expenses that often exceed its annual revenue, leading to a reliance on its asset base. For instance, in 2023, expenses were $30,558 against revenue of $6,909. The foundation maintains a healthy asset base, with $289,201 in 2023, suggesting it has the capacity to continue its operations despite annual deficits. The consistent reporting of zero officer compensation across all filings indicates a lean operational structure and a commitment to directing funds towards its charitable purpose, rather than administrative overhead for executive salaries. The organization's liabilities are consistently reported as minimal ($1 or $0), indicating strong financial solvency and no significant debt burden. The foundation's transparency is good, with 10 filings available, showing a consistent reporting history.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Stephen R And Joanne Hammes Familycharitable Foundation 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Stephen R And Joanne Hammes Familycharitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for an organization of this size.

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 Stephen R And Joanne Hammes Familycharitable Foundation's IRS 990 filings:

Consistent annual expenses exceeding annual revenue, indicating reliance on asset depletion or significant prior year contributions.

Strengths

The following positive indicators were identified for Stephen R And Joanne Hammes Familycharitable Foundation:

Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
Healthy asset base ($289,201 in 2023) provides financial stability despite revenue fluctuations.
Minimal liabilities ($1 or $0) demonstrate strong financial solvency.
Consistent IRS 990 filing history (10 filings) indicates good transparency and compliance.

Frequently Asked Questions about Stephen R And Joanne Hammes Familycharitable Foundation

Is the Stephen R And Joanne Hammes Familycharitable Foundation a good charity?

Based on the available data, the foundation appears to be a well-managed private foundation. It consistently reports zero officer compensation, indicating that all funds are directed towards its charitable mission. While it frequently spends more than its annual revenue, it maintains a healthy asset base to support its activities. Its consistent filing history also points to good transparency.

How does the foundation sustain itself with expenses often exceeding revenue?

The foundation sustains itself by drawing from its accumulated assets. For example, in 2023, with revenue of $6,909 and expenses of $30,558, the deficit was covered by its asset base, which stood at $289,201. This is a common practice for private foundations that distribute grants from their endowments.

What is the primary focus of this foundation?

Given its NTEE code T20 (Private Grantmaking Foundations) and the financial data showing consistent expenses (likely grants), its primary focus is likely making charitable grants to other organizations or individuals, rather than direct program delivery.

Filing History

IRS 990 filing history for Stephen R And Joanne Hammes Familycharitable Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Stephen R And Joanne Hammes Familycharitable Foundation's revenue has declined by 80.5%, moving from $35K to $7K. Total assets increased by 33.7% over the same period, from $216K to $289K. Total functional expenses rose by 11.2%, from $27K to $31K. In its most recent filing year (2023), Stephen R And Joanne Hammes Familycharitable Foundation reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1 in liabilities against $289K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $289K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$7K	$31K	$289K	$1	—	—
2022	$7K	$34K	$269K	$1	—	—
2021	$207K	$26K	$353K	$1	—	—
2020	$4K	$25K	$153K	$1	—	—
2019	$4K	$-26,664	$21K	$0	—	View 990
2015	$6K	$38K	$126K	$0	—	View 990
2014	$37K	$40K	$188K	$0	—	View 990
2013	$6K	$36K	$156K	$0	—	View 990
2012	$31K	$25K	$222K	$0	—	View 990
2011	$35K	$27K	$216K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $7K, expenses of $31K, and assets of $289K (revenue -1.9% year-over-year).
2022: Revenue of $7K, expenses of $34K, and assets of $269K (revenue -96.6% year-over-year).
2021: Revenue of $207K, expenses of $26K, and assets of $353K (revenue +5745.0% year-over-year).
2020: Revenue of $4K, expenses of $25K, and assets of $153K (revenue -18.2% year-over-year).
2019: Revenue of $4K, expenses of $-26,664, and assets of $21K (revenue -23.0% year-over-year).
2015: Revenue of $6K, expenses of $38K, and assets of $126K (revenue -84.9% year-over-year).
2014: Revenue of $37K, expenses of $40K, and assets of $188K (revenue +510.3% year-over-year).
2013: Revenue of $6K, expenses of $36K, and assets of $156K (revenue -80.5% year-over-year).
2012: Revenue of $31K, expenses of $25K, and assets of $222K (revenue -11.5% year-over-year).
2011: Revenue of $35K, expenses of $27K, and assets of $216K.

Data Sources and Methodology

This transparency report for Stephen R And Joanne Hammes Familycharitable 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.