Warren A Hood Jr Family Foundation
Warren A Hood Jr Family Foundation maintains growing assets despite volatile revenues, consistently reporting zero officer compensation.
EIN: 205928288 · Hattiesburg, MS · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $876K |
| Program Spending | 95% |
| Net Assets | $15.9M |
| Transparency Score | 85/100 |
Is Warren A Hood Jr Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Warren A Hood Jr Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Warren A Hood Jr Family Foundation
Warren A Hood Jr Family Foundation (EIN: 205928288) is a nonprofit organization based in Hattiesburg, MS, classified under NTEE code T22. The organization reported total revenue of $2.4M and total assets of $17.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warren A Hood Jr Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Warren A Hood Jr Family Foundation is a mid-size nonprofit that has been operating for 19 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 | $286K |
| Total Expenses | $876K |
| Surplus / Deficit | $-590,213 |
| Total Assets | $15.9M |
| Total Liabilities | $1 |
| Net Assets | $15.9M |
| Operating Margin | -206.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 217.6 months |
Financial Health Grade: B
In 2023, Warren A Hood Jr Family Foundation reported a deficit of $590K with expenses exceeding revenue, holds 217.6 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 | +32.6% | +63.9% | +5.8% |
| 2022 | -87.4% | -43.5% | -13.8% |
| 2021 | +147.8% | -3.6% | +9.4% |
| 2020 | +9.4% | +38.6% | +4.2% |
| 2019 | +71.9% | +55.3% | +56.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Warren A Hood Jr 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, Warren A Hood Jr 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 $590K, 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 its leadership is unpaid, which significantly reduces administrative overhead and maximizes funds available for its mission.
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 Warren A Hood Jr Family Foundation's IRS 990 filings:
- Highly volatile revenue streams, with significant negative figures in some years (e.g., -$4,368,668 in 2013), which could indicate unpredictable investment performance.
Strengths
The following positive indicators were identified for Warren A Hood Jr Family Foundation:
- Consistent growth in assets, from $7.5 million in 2011 to over $15 million in recent years, indicating strong financial stewardship of its endowment.
- Zero officer compensation reported across all filings, demonstrating a commitment to minimizing administrative costs and maximizing program funding.
- Consistent filing of IRS Form 990s over a decade, indicating good transparency and compliance.
- Low liabilities, consistently reported as $1, suggesting minimal financial obligations outside of its endowment.
Frequently Asked Questions about Warren A Hood Jr Family Foundation
Is Warren A Hood Jr Family Foundation a legitimate charity?
Warren A Hood Jr Family Foundation (EIN: 205928288) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.4M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Warren A Hood Jr Family Foundation spend its money?
Warren A Hood Jr Family Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Warren A Hood Jr Family Foundation tax-deductible?
Warren A Hood Jr Family Foundation is registered as a tax-exempt nonprofit (EIN: 205928288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Warren A Hood Jr Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Warren A Hood Jr Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Warren A Hood Jr Family Foundation located?
Warren A Hood Jr Family Foundation is headquartered in Hattiesburg, Mississippi and files with the IRS under EIN 205928288. It is classified under NTEE code T22.
How many years of IRS 990 filings does Warren A Hood Jr Family Foundation have?
Warren A Hood Jr 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 $2.4M in total revenue.
What caused the significant negative revenues in earlier years (e.g., -$4.3 million in 2013)?
For private foundations, negative revenue can often be attributed to investment losses or specific accounting adjustments related to their endowment, rather than a lack of incoming funds from traditional donations.
How does the foundation manage its investment portfolio given the revenue volatility?
While the filings show revenue volatility, the consistent growth in assets from $7.5 million in 2011 to over $15 million suggests a long-term investment strategy that has generally been successful in growing the endowment.
What is the nature of the $1 liability consistently reported?
The consistent reporting of $1 in liabilities is unusual and might be a placeholder or a simplified reporting convention for private foundations with minimal operational liabilities, rather than a significant financial obligation.
Filing History
IRS 990 filing history for Warren A Hood Jr Family Foundation showing financial trends over 10 years of public records:
Total assets increased by 110.7% over the same period, from $7.5M to $15.9M. Total functional expenses rose by 138.7%, from $367K to $876K. In its most recent filing year (2023), Warren A Hood Jr Family Foundation reported a deficit of $590K, with expenses exceeding revenue. The organization holds $1 in liabilities against $15.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $286K | $876K | $15.9M | $1 | — | — |
| 2022 | $215K | $534K | $15.0M | $1 | — | View 990 |
| 2021 | $1.7M | $945K | $17.4M | $1 | — | View 990 |
| 2020 | $691K | $980K | $15.9M | $1 | — | — |
| 2019 | $632K | $707K | $15.3M | $1 | — | View 990 |
| 2015 | $367K | $455K | $9.8M | $1 | — | View 990 |
| 2014 | $-1,133,010 | $431K | $10.3M | $1 | — | View 990 |
| 2013 | $-4,368,668 | $391K | $10.2M | $1 | — | View 990 |
| 2012 | $-2,797,405 | $390K | $9.0M | $1 | — | View 990 |
| 2011 | $-1,563,058 | $367K | $7.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $286K, expenses of $876K, and assets of $15.9M (revenue +32.6% year-over-year).
- 2022: Revenue of $215K, expenses of $534K, and assets of $15.0M (revenue -87.4% year-over-year).
- 2021: Revenue of $1.7M, expenses of $945K, and assets of $17.4M (revenue +147.8% year-over-year).
- 2020: Revenue of $691K, expenses of $980K, and assets of $15.9M (revenue +9.4% year-over-year).
- 2019: Revenue of $632K, expenses of $707K, and assets of $15.3M (revenue +71.9% year-over-year).
- 2015: Revenue of $367K, expenses of $455K, and assets of $9.8M.
- 2014: Revenue of $-1,133,010, expenses of $431K, and assets of $10.3M.
- 2013: Revenue of $-4,368,668, expenses of $391K, and assets of $10.2M.
- 2012: Revenue of $-2,797,405, expenses of $390K, and assets of $9.0M.
- 2011: Revenue of $-1,563,058, expenses of $367K, and assets of $7.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Warren A Hood Jr Family Foundation:
Data Sources and Methodology
This transparency report for Warren A Hood Jr 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.