The Hackney Foundation
EIN: 631131504 · Birmingham, AL · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $515K |
| Total Expenses | $110K |
| Net Assets | $396K |
Is The Hackney Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Hackney Foundation
The Hackney Foundation (EIN: 631131504) is a nonprofit organization based in Birmingham, AL, classified under NTEE code T22Z. The organization reported total revenue of $515K and total assets of $565K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Hackney Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Hackney Foundation is a small nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $110K |
| Surplus / Deficit | +$64K |
| Total Assets | $396K |
| Total Liabilities | $1 |
| Net Assets | $396K |
| Operating Margin | 36.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.1 months |
Financial Health Grade: A
In 2023, The Hackney Foundation reported a surplus of $64K with revenue exceeding expenses, holds 43.1 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), The Hackney Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.0% | +11.1% | +19.1% |
| 2022 | +42.1% | +5.0% | +18.4% |
| 2021 | +38.1% | +21.1% | +4.4% |
| 2020 | +3.1% | -23.5% | -0.4% |
| 2019 | +28.3% | +62.2% | -14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Hackney Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Hackney Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Hackney Foundation
Is The Hackney Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Hackney Foundation (EIN: 631131504) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Hackney Foundation spend its money?
Detailed spending breakdown data is not yet available for The Hackney Foundation. Check back for updated IRS 990 analysis.
Are donations to The Hackney Foundation tax-deductible?
The Hackney Foundation is registered as a tax-exempt nonprofit (EIN: 631131504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Hackney Foundation located?
The Hackney Foundation is headquartered in Birmingham, Alabama and files with the IRS under EIN 631131504. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does The Hackney Foundation have?
The Hackney 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 $515K in total revenue.
Filing History
IRS 990 filing history for The Hackney Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Hackney Foundation's revenue has grown by 480.4%, moving from $30K to $174K. Total assets increased by 5% over the same period, from $377K to $396K. Total functional expenses rose by 23.1%, from $89K to $110K. In its most recent filing year (2023), The Hackney Foundation reported a surplus of $64K, with revenue exceeding expenses. The organization holds $1 in liabilities against $396K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $396K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $110K | $396K | $1 | — | View 990 |
| 2022 | $151K | $99K | $332K | $1 | — | View 990 |
| 2021 | $106K | $94K | $280K | $1 | — | — |
| 2020 | $77K | $78K | $269K | $1 | — | — |
| 2019 | $75K | $102K | $270K | $0 | — | View 990 |
| 2015 | $58K | $63K | $315K | $0 | — | View 990 |
| 2014 | $29K | $55K | $319K | $0 | — | View 990 |
| 2013 | $21K | $44K | $346K | $0 | — | View 990 |
| 2012 | $32K | $40K | $369K | $0 | — | View 990 |
| 2011 | $30K | $89K | $377K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $110K, and assets of $396K (revenue +15.0% year-over-year).
- 2022: Revenue of $151K, expenses of $99K, and assets of $332K (revenue +42.1% year-over-year).
- 2021: Revenue of $106K, expenses of $94K, and assets of $280K (revenue +38.1% year-over-year).
- 2020: Revenue of $77K, expenses of $78K, and assets of $269K (revenue +3.1% year-over-year).
- 2019: Revenue of $75K, expenses of $102K, and assets of $270K (revenue +28.3% year-over-year).
- 2015: Revenue of $58K, expenses of $63K, and assets of $315K (revenue +102.6% year-over-year).
- 2014: Revenue of $29K, expenses of $55K, and assets of $319K (revenue +36.0% year-over-year).
- 2013: Revenue of $21K, expenses of $44K, and assets of $346K (revenue -35.0% year-over-year).
- 2012: Revenue of $32K, expenses of $40K, and assets of $369K (revenue +8.6% year-over-year).
- 2011: Revenue of $30K, expenses of $89K, and assets of $377K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Hackney Foundation:
Data Sources and Methodology
This transparency report for The Hackney 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.