The@Paul & Amy Hach Charitable Foundation Inc
The Paul & Amy Hach Charitable Foundation maintains over $2 million in assets with no officer compensation.
EIN: 202450744 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $402K |
| Total Expenses | $135K |
| Program Spending | 80% |
| Net Assets | $2.2M |
| Transparency Score | 75/100 |
Is The@Paul & Amy Hach Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The@Paul & Amy Hach Charitable Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The@Paul & Amy Hach Charitable Foundation Inc
The@Paul & Amy Hach Charitable Foundation Inc (EIN: 202450744) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $402K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The@Paul & Amy Hach Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The@Paul & Amy Hach Charitable Foundation Inc is a small nonprofit that has been operating for 21 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 | $115K |
| Total Expenses | $135K |
| Surplus / Deficit | $-20,180 |
| Total Assets | $2.2M |
| Total Liabilities | $1 |
| Net Assets | $2.2M |
| Operating Margin | -17.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 193.3 months |
Financial Health Grade: B
In 2023, The@Paul & Amy Hach Charitable Foundation Inc reported a deficit of $20K with expenses exceeding revenue, holds 193.3 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@Paul & Amy Hach Charitable Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.5% | +112.6% | -0.9% |
| 2022 | +9.7% | -34.8% | +3.8% |
| 2021 | -1.8% | +0.4% | +1.6% |
| 2020 | +32.7% | -23.9% | +1.8% |
| 2019 | -19.7% | +13.5% | -10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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@Paul & Amy Hach Charitable Foundation Inc with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The@Paul & Amy Hach Charitable Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for donor trust and resource allocation.
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@Paul & Amy Hach Charitable Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data, making it difficult to assess program efficiency.
- Significant expense fluctuation without clear explanation (e.g., $643,924 in 2014 vs. $63,450 in 2022).
Strengths
The following positive indicators were identified for The@Paul & Amy Hach Charitable Foundation Inc:
- Consistent asset base over $2 million, indicating financial stability.
- Zero officer compensation reported across all filings, demonstrating efficient use of funds for leadership.
- Minimal liabilities ($1) consistently reported, suggesting strong financial health and management.
- Long filing history (10 filings) indicates consistent operation and compliance.
Frequently Asked Questions about The@Paul & Amy Hach Charitable Foundation Inc
Is The@Paul & Amy Hach Charitable Foundation Inc a legitimate charity?
The@Paul & Amy Hach Charitable Foundation Inc (EIN: 202450744) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $402K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The@Paul & Amy Hach Charitable Foundation Inc spend its money?
The@Paul & Amy Hach Charitable Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The@Paul & Amy Hach Charitable Foundation Inc tax-deductible?
The@Paul & Amy Hach Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202450744). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The@Paul & Amy Hach Charitable Foundation Inc's spending goes to programs?
The@Paul & Amy Hach Charitable Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The@Paul & Amy Hach Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), The@Paul & Amy Hach Charitable Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The@Paul & Amy Hach Charitable Foundation Inc located?
The@Paul & Amy Hach Charitable Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 202450744. It is classified under NTEE code T20.
How many years of IRS 990 filings does The@Paul & Amy Hach Charitable Foundation Inc have?
The@Paul & Amy Hach Charitable Foundation Inc 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 $402K in total revenue.
What are the specific programs or grants funded by The Paul & Amy Hach Charitable Foundation Inc?
The provided data does not detail the specific programs or grants funded by the foundation. Further investigation into their IRS Form 990-PF (for private foundations) would be necessary to understand their grantmaking activities.
How does the foundation manage its investment assets to generate revenue?
While the foundation consistently holds over $2 million in assets, the specific investment strategies or sources of its revenue (e.g., investment income, contributions) are not detailed in the provided summary. This information would typically be found in the full IRS Form 990-PF.
What is the typical annual grantmaking amount or percentage of assets distributed?
The data shows fluctuating expenses, for example, $134,892 in 2023 and $63,450 in 2022. Without a breakdown of these expenses, it's not possible to determine the exact amount or percentage of assets distributed as grants. This is a key metric for private foundations.
Filing History
IRS 990 filing history for The@Paul & Amy Hach Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The@Paul & Amy Hach Charitable Foundation Inc's revenue has declined by 28.7%, moving from $161K to $115K. Total assets decreased by 13.2% over the same period, from $2.5M to $2.2M. Total functional expenses fell by 3.1%, from $139K to $135K. In its most recent filing year (2023), The@Paul & Amy Hach Charitable Foundation Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $135K | $2.2M | $1 | — | View 990 |
| 2022 | $144K | $63K | $2.2M | $1 | — | View 990 |
| 2021 | $132K | $97K | $2.1M | $1 | — | — |
| 2020 | $134K | $97K | $2.1M | $1 | — | View 990 |
| 2019 | $101K | $127K | $2.0M | $1 | — | View 990 |
| 2015 | $126K | $112K | $2.3M | $1 | — | View 990 |
| 2014 | $238K | $644K | $2.3M | $1 | — | View 990 |
| 2013 | $278K | $157K | $2.7M | $1 | — | View 990 |
| 2012 | $190K | $155K | $2.5M | $1 | — | View 990 |
| 2011 | $161K | $139K | $2.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115K, expenses of $135K, and assets of $2.2M (revenue -20.5% year-over-year).
- 2022: Revenue of $144K, expenses of $63K, and assets of $2.2M (revenue +9.7% year-over-year).
- 2021: Revenue of $132K, expenses of $97K, and assets of $2.1M (revenue -1.8% year-over-year).
- 2020: Revenue of $134K, expenses of $97K, and assets of $2.1M (revenue +32.7% year-over-year).
- 2019: Revenue of $101K, expenses of $127K, and assets of $2.0M (revenue -19.7% year-over-year).
- 2015: Revenue of $126K, expenses of $112K, and assets of $2.3M (revenue -47.3% year-over-year).
- 2014: Revenue of $238K, expenses of $644K, and assets of $2.3M (revenue -14.2% year-over-year).
- 2013: Revenue of $278K, expenses of $157K, and assets of $2.7M (revenue +46.0% year-over-year).
- 2012: Revenue of $190K, expenses of $155K, and assets of $2.5M (revenue +18.4% year-over-year).
- 2011: Revenue of $161K, expenses of $139K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The@Paul & Amy Hach Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for The@Paul & Amy Hach Charitable Foundation Inc 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.