The Hansen Scholars Support Foundation
The Hansen Scholars Support Foundation maintains substantial assets with zero liabilities, but has experienced occasional revenue shortfalls against expenses.
EIN: 208098854 · Logan, UT · NTEE: B112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $751K |
| Total Expenses | $752K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $750,000 |
| Net Assets | $6.4M |
| Transparency Score | 92/100 |
Is The Hansen Scholars Support Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Hansen Scholars Support Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Hansen Scholars Support Foundation
The Hansen Scholars Support Foundation (EIN: 208098854) is a nonprofit organization based in Logan, UT, classified under NTEE code B112. The organization reported total revenue of $751K and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Hansen Scholars Support Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Hansen Scholars Support Foundation is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $713K |
| Total Expenses | $752K |
| Surplus / Deficit | $-38,872 |
| Total Assets | $6.4M |
| Net Assets | $6.4M |
| Operating Margin | -5.4% |
| Months of Reserves | 101.4 months |
Financial Health Grade: B
In 2023, The Hansen Scholars Support Foundation reported a deficit of $39K with expenses exceeding revenue, holds 101.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Hansen Scholars Support Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.9% | +0.0% | -0.6% |
| 2022 | +99.1% | +0.0% | +8.4% |
| 2021 | +3.0% | +38.7% | -2.1% |
| 2020 | +33.1% | -9.9% | +1.1% |
| 2019 | +33.9% | +50.0% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
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 Hansen Scholars Support Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Hansen Scholars Support 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly efficient for an organization of its size with over $750,000 in annual revenue and $6 million in assets.
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 Hansen Scholars Support Foundation's IRS 990 filings:
- Expenses exceeded revenue in multiple recent years (e.g., 2023, 2021, 2019, 2018, 2017), which could be a concern if not managed by a sustainable draw from reserves.
Strengths
The following positive indicators were identified for The Hansen Scholars Support Foundation:
- Substantial asset base of over $6 million, providing financial stability.
- Consistently reports zero liabilities, indicating excellent debt management.
- 0% officer compensation reported across all filings, suggesting highly efficient administrative spending.
- Long and consistent IRS 990 filing history (13 filings), demonstrating strong transparency.
- Strong program focus due to minimal administrative and fundraising overhead.
Frequently Asked Questions about The Hansen Scholars Support Foundation
Is The Hansen Scholars Support Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Hansen Scholars Support Foundation (EIN: 208098854) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does The Hansen Scholars Support Foundation spend its money?
The Hansen Scholars Support Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Hansen Scholars Support Foundation tax-deductible?
The Hansen Scholars Support Foundation is registered as a tax-exempt nonprofit (EIN: 208098854). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Hansen Scholars Support Foundation CEO make?
The Hansen Scholars Support Foundation's highest-compensated officer earns $750,000 annually. The organization reported $751K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does The Hansen Scholars Support Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Hansen Scholars Support Foundation is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Hansen Scholars Support Foundation located?
The Hansen Scholars Support Foundation is headquartered in Logan, Utah and files with the IRS under EIN 208098854. It is classified under NTEE code B112.
How many years of IRS 990 filings does The Hansen Scholars Support Foundation have?
The Hansen Scholars Support Foundation has 13 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 $751K in total revenue.
Is The Hansen Scholars Support Foundation a good charity?
Based on the available data, The Hansen Scholars Support Foundation appears to be a very good charity. It has substantial assets ($6.2 million), zero liabilities, and consistently reports 0% officer compensation, indicating high efficiency and a strong focus on its mission. While there have been years where expenses exceeded revenue, the strong asset base provides stability.
How does the organization manage its expenses when revenue is lower?
The organization's substantial assets (e.g., $6,356,413 in 2023) likely serve as a buffer, allowing it to cover expenses even in years where revenue is lower than expenses (e.g., 2023: $713,285 revenue vs. $752,157 expenses). This suggests a reliance on its endowment or investment income to maintain operations.
What is the trend in the organization's assets?
The organization's assets have generally been stable and growing over the long term, from $4,139,519 in 2014 to $6,205,230 currently, peaking at $6,395,285 in 2022. This indicates sound financial management and growth in its financial reserves.
Filing History
IRS 990 filing history for The Hansen Scholars Support Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Hansen Scholars Support Foundation's revenue has grown by 241.8%, moving from $209K to $713K. Total assets increased by 79.5% over the same period, from $3.5M to $6.4M. Total functional expenses rose by 547.9%, from $116K to $752K. In its most recent filing year (2023), The Hansen Scholars Support Foundation reported a deficit of $39K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $713K | $752K | $6.4M | $0 | — | — |
| 2022 | $1.2M | $752K | $6.4M | $0 | — | View 990 |
| 2021 | $628K | $752K | $5.9M | $0 | — | View 990 |
| 2020 | $610K | $542K | $6.0M | $0 | — | View 990 |
| 2019 | $458K | $602K | $6.0M | $0 | — | View 990 |
| 2018 | $342K | $401K | $6.1M | $0 | — | View 990 |
| 2017 | $376K | $426K | $6.2M | $0 | — | View 990 |
| 2016 | $1.4M | $351K | $6.2M | $0 | — | View 990 |
| 2015 | $1.4M | $301K | $5.2M | $0 | — | View 990 |
| 2014 | $287K | $226K | $4.1M | $0 | — | View 990 |
| 2013 | $752K | $136K | $4.1M | $0 | — | View 990 |
| 2012 | $153K | $232K | $3.5M | $0 | — | View 990 |
| 2011 | $209K | $116K | $3.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $713K, expenses of $752K, and assets of $6.4M (revenue -42.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $752K, and assets of $6.4M (revenue +99.1% year-over-year).
- 2021: Revenue of $628K, expenses of $752K, and assets of $5.9M (revenue +3.0% year-over-year).
- 2020: Revenue of $610K, expenses of $542K, and assets of $6.0M (revenue +33.1% year-over-year).
- 2019: Revenue of $458K, expenses of $602K, and assets of $6.0M (revenue +33.9% year-over-year).
- 2018: Revenue of $342K, expenses of $401K, and assets of $6.1M (revenue -9.1% year-over-year).
- 2017: Revenue of $376K, expenses of $426K, and assets of $6.2M (revenue -72.2% year-over-year).
- 2016: Revenue of $1.4M, expenses of $351K, and assets of $6.2M (revenue -1.0% year-over-year).
- 2015: Revenue of $1.4M, expenses of $301K, and assets of $5.2M (revenue +377.0% year-over-year).
- 2014: Revenue of $287K, expenses of $226K, and assets of $4.1M (revenue -61.9% year-over-year).
- 2013: Revenue of $752K, expenses of $136K, and assets of $4.1M (revenue +391.7% year-over-year).
- 2012: Revenue of $153K, expenses of $232K, and assets of $3.5M (revenue -26.7% year-over-year).
- 2011: Revenue of $209K, expenses of $116K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Hansen Scholars Support Foundation:
Data Sources and Methodology
This transparency report for The Hansen Scholars Support 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.