The Hajim Family Foundation
Hajim Family Foundation consistently spends more than it earns, drawing down assets.
EIN: 136893956 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $371K |
| Program Spending | 70% |
| Net Assets | $1.9M |
| Transparency Score | 65/100 |
Is The Hajim Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Hajim Family Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Hajim Family Foundation
The Hajim Family Foundation (EIN: 136893956) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $4.0M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Hajim Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Hajim Family Foundation is a mid-size nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $371K |
| Surplus / Deficit | $-299,475 |
| Total Assets | $1.9M |
| Total Liabilities | $1 |
| Net Assets | $1.9M |
| Operating Margin | -418.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 59.8 months |
Financial Health Grade: B
In 2023, The Hajim Family Foundation reported a deficit of $299K with expenses exceeding revenue, holds 59.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +468.4% | -11.7% | -13.5% |
| 2022 | -93.7% | -18.3% | -17.4% |
| 2021 | -44.1% | +58.0% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 The Hajim Family Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Hajim Family Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $299K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Hajim Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is a strong positive for minimizing administrative overhead.
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 The Hajim Family Foundation's IRS 990 filings:
- Consistent operating deficits, with expenses significantly exceeding revenue in most years (e.g., 2023: $371,089 expenses vs. $71,614 revenue).
- Declining asset base over recent years (e.g., from $2,591,518 in 2021 to $1,850,282 in 2023), indicating reliance on reserves.
- Negative revenue reported in some years (e.g., $-59,549 in 2019, $-6,042 in 2015, $-229,232 in 2011), which could indicate investment losses or significant returns/allowances.
Strengths
The following positive indicators were identified for The Hajim Family Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds by not paying executive salaries.
- Very low liabilities reported across most years (e.g., $1 in 2023, 2022, 2021), suggesting minimal debt burden.
Frequently Asked Questions about The Hajim Family Foundation
Is The Hajim Family Foundation a legitimate charity?
The Hajim Family Foundation (EIN: 136893956) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.0M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does The Hajim Family Foundation spend its money?
The Hajim Family Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to The Hajim Family Foundation tax-deductible?
The Hajim Family Foundation is registered as a tax-exempt nonprofit (EIN: 136893956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Hajim Family Foundation's spending goes to programs?
The Hajim Family Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is The Hajim Family Foundation located?
The Hajim Family Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 136893956.
How many years of IRS 990 filings does The Hajim Family Foundation have?
The Hajim Family 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 $4.0M in total revenue.
How does The Hajim Family Foundation sustain its operations given consistent revenue deficits?
The foundation appears to be drawing down its assets to cover expenses, as seen by the decrease in assets from $2,591,518 in 2021 to $1,850,282 in 2023, while expenses consistently exceed revenue.
What are the specific program activities funded by The Hajim Family Foundation?
The provided data does not detail specific program activities, making it difficult to assess the direct impact of its spending.
What is the long-term financial strategy for The Hajim Family Foundation?
The consistent operating deficits and asset draw-downs suggest a need for a clear long-term financial strategy to ensure sustainability, which is not evident from the provided data.
Filing History
IRS 990 filing history for The Hajim Family Foundation showing financial trends over 10 years of public records:
Total assets decreased by 28.3% over the same period, from $2.6M to $1.9M. Total functional expenses rose by 19.5%, from $311K to $371K. In its most recent filing year (2023), The Hajim Family Foundation reported a deficit of $299K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $371K | $1.9M | $1 | — | — |
| 2022 | $13K | $420K | $2.1M | $1 | — | View 990 |
| 2021 | $199K | $515K | $2.6M | $1 | — | View 990 |
| 2020 | $356K | $326K | $2.9M | $1 | — | — |
| 2019 | $-59,549 | $646K | $2.9M | $1 | — | — |
| 2015 | $-6,042 | $464K | $1.8M | $1 | — | View 990 |
| 2014 | $372K | $306K | $2.3M | $1 | — | View 990 |
| 2013 | $178K | $370K | $2.2M | $1 | — | View 990 |
| 2012 | $188K | $301K | $2.4M | $1 | — | View 990 |
| 2011 | $-229,232 | $311K | $2.6M | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $371K, and assets of $1.9M (revenue +468.4% year-over-year).
- 2022: Revenue of $13K, expenses of $420K, and assets of $2.1M (revenue -93.7% year-over-year).
- 2021: Revenue of $199K, expenses of $515K, and assets of $2.6M (revenue -44.1% year-over-year).
- 2020: Revenue of $356K, expenses of $326K, and assets of $2.9M.
- 2019: Revenue of $-59,549, expenses of $646K, and assets of $2.9M.
- 2015: Revenue of $-6,042, expenses of $464K, and assets of $1.8M (revenue -101.6% year-over-year).
- 2014: Revenue of $372K, expenses of $306K, and assets of $2.3M (revenue +108.3% year-over-year).
- 2013: Revenue of $178K, expenses of $370K, and assets of $2.2M (revenue -5.3% year-over-year).
- 2012: Revenue of $188K, expenses of $301K, and assets of $2.4M.
- 2011: Revenue of $-229,232, expenses of $311K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Hajim Family Foundation:
Data Sources and Methodology
This transparency report for The Hajim Family 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.