The@Hilbert And Shirley Hendel Family Foundation
The Hilbert And Shirley Hendel Family Foundation maintains stable assets with volunteer leadership, but recent expenses have outpaced revenue.
EIN: 205094134 · Norwich, CT · NTEE: T20 · Updated: 2026-03-28
Is The@Hilbert And Shirley Hendel 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@Hilbert And Shirley Hendel Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The@Hilbert And Shirley Hendel Family Foundation
The@Hilbert And Shirley Hendel Family Foundation (EIN: 205094134) is a nonprofit organization based in Norwich, CT, classified under NTEE code T20. The organization reported total revenue of $247K and total assets of $735K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The@Hilbert And Shirley Hendel Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The@Hilbert And Shirley Hendel Family Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $42K |
| Surplus / Deficit | $-20,251 |
| Total Assets | $729K |
| Total Liabilities | $1 |
| Net Assets | $729K |
| Operating Margin | -94.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 209.5 months |
Financial Health Grade: B
In 2023, The@Hilbert And Shirley Hendel Family Foundation reported a deficit of $20K with expenses exceeding revenue, holds 209.5 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@Hilbert And Shirley Hendel Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.6% | +1.0% | -2.7% |
| 2022 | -64.0% | -9.7% | -3.0% |
| 2021 | -41.2% | +13.3% | +0.6% |
| 2020 | +139.1% | +21.0% | +6.4% |
| 2019 | +40.5% | -14.7% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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@Hilbert And Shirley Hendel Family 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, The@Hilbert And Shirley Hendel Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer board and highly efficient administrative overhead, especially for an organization with assets exceeding $700,000.
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@Hilbert And Shirley Hendel Family Foundation's IRS 990 filings:
- Expenses exceeding revenue in multiple recent periods (e.g., 2023, 2022, 2021) leading to asset draw-down.
Strengths
The following positive indicators were identified for The@Hilbert And Shirley Hendel Family Foundation:
- Consistent zero officer compensation, indicating highly efficient administrative spending.
- Stable asset base of over $700,000, providing financial security.
- Long filing history (10 filings) demonstrates consistent operation and transparency.
Frequently Asked Questions about The@Hilbert And Shirley Hendel Family Foundation
Is The@Hilbert And Shirley Hendel Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The@Hilbert And Shirley Hendel Family Foundation (EIN: 205094134) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does The@Hilbert And Shirley Hendel Family Foundation spend its money?
The@Hilbert And Shirley Hendel Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The@Hilbert And Shirley Hendel Family Foundation tax-deductible?
The@Hilbert And Shirley Hendel Family Foundation is registered as a tax-exempt nonprofit (EIN: 205094134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Hilbert And Shirley Hendel Family Foundation a good charity?
Based on the available data, the foundation appears to be a well-managed private family foundation with a strong commitment to its mission, evidenced by zero officer compensation and a stable asset base. Its primary function is likely grantmaking, and the lack of significant administrative or fundraising costs suggests that a high percentage of its expenditures go directly to its charitable purpose.
Why does the foundation consistently report $1 in liabilities?
The consistent reporting of $1 in liabilities in recent years (2019-2023) is unusual but not necessarily a red flag. It could represent a nominal placeholder or a minor outstanding balance that is not material to the foundation's overall financial health.
What caused the significant increase in 'Latest Revenue' to $246,814 compared to historical trends?
The 'Latest Revenue' of $246,814 is substantially higher than the historical annual revenues, which typically ranged from $18,006 to $85,060. This could be due to a significant one-time donation, a substantial investment gain, or a change in reporting methodology. Further detail from the full 990 filing would be needed to ascertain the exact source.
Filing History
IRS 990 filing history for The@Hilbert And Shirley Hendel Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The@Hilbert And Shirley Hendel Family Foundation's revenue has declined by 29.2%, moving from $30K to $22K. Total assets decreased by 1.3% over the same period, from $739K to $729K. Total functional expenses fell by 3.7%, from $43K to $42K. In its most recent filing year (2023), The@Hilbert And Shirley Hendel Family Foundation reported a deficit of $20K, with expenses exceeding revenue. The organization holds $1 in liabilities against $729K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $729K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $42K | $729K | $1 | — | — |
| 2022 | $18K | $41K | $750K | $1 | — | View 990 |
| 2021 | $50K | $46K | $773K | $1 | — | — |
| 2020 | $85K | $40K | $769K | $1 | — | — |
| 2019 | $36K | $33K | $722K | $1 | — | View 990 |
| 2015 | $25K | $39K | $706K | $0 | — | View 990 |
| 2014 | $51K | $55K | $720K | $0 | — | View 990 |
| 2013 | $40K | $50K | $724K | $0 | — | View 990 |
| 2012 | $39K | $45K | $733K | $0 | — | View 990 |
| 2011 | $30K | $43K | $739K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $42K, and assets of $729K (revenue +19.6% year-over-year).
- 2022: Revenue of $18K, expenses of $41K, and assets of $750K (revenue -64.0% year-over-year).
- 2021: Revenue of $50K, expenses of $46K, and assets of $773K (revenue -41.2% year-over-year).
- 2020: Revenue of $85K, expenses of $40K, and assets of $769K (revenue +139.1% year-over-year).
- 2019: Revenue of $36K, expenses of $33K, and assets of $722K (revenue +40.5% year-over-year).
- 2015: Revenue of $25K, expenses of $39K, and assets of $706K (revenue -50.7% year-over-year).
- 2014: Revenue of $51K, expenses of $55K, and assets of $720K (revenue +26.9% year-over-year).
- 2013: Revenue of $40K, expenses of $50K, and assets of $724K (revenue +3.8% year-over-year).
- 2012: Revenue of $39K, expenses of $45K, and assets of $733K (revenue +28.2% year-over-year).
- 2011: Revenue of $30K, expenses of $43K, and assets of $739K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The@Hilbert And Shirley Hendel Family Foundation:
Data Sources and Methodology
This transparency report for The@Hilbert And Shirley Hendel 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.