William R Hoch Family Foundation In Inc
William R Hoch Family Foundation maintains substantial assets despite fluctuating annual revenues and expenses, with no reported officer compensation.
EIN: 202020348 · Berea, KY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $942K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $12 |
| Net Assets | $12.4M |
| Transparency Score | 85/100 |
Is William R Hoch Family Foundation In Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William R Hoch Family Foundation In Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William R Hoch Family Foundation In Inc
William R Hoch Family Foundation In Inc (EIN: 202020348) is a nonprofit organization based in Berea, KY, classified under NTEE code T22. The organization reported total revenue of $1.0M and total assets of $12.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William R Hoch Family Foundation In Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William R Hoch Family Foundation In Inc is a mid-size 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 22.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $927K |
| Total Expenses | $942K |
| Surplus / Deficit | $-15,575 |
| Total Assets | $12.4M |
| Total Liabilities | $1 |
| Net Assets | $12.4M |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 158.1 months |
Financial Health Grade: B
In 2023, William R Hoch Family Foundation In Inc reported a deficit of $16K with expenses exceeding revenue, holds 158.1 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), William R Hoch Family Foundation In Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.2% | -5.2% | -0.1% |
| 2022 | +5.8% | +119.0% | -3.5% |
| 2020 | -276.8% | -32.5% | -9.0% |
| 2019 | +1158.6% | +1952.7% | +28889.3% |
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 William R Hoch Family Foundation In Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, William R Hoch Family Foundation In Inc 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 $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly efficient for an organization with over $12 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of William R Hoch Family Foundation In Inc's IRS 990 filings:
- Inconsistent annual revenue, with a negative revenue reported in 2020 ($-732,629)
- Expenses frequently exceed annual revenue, requiring reliance on asset base
Strengths
The following positive indicators were identified for William R Hoch Family Foundation In Inc:
- Substantial and growing asset base ($12.4M in 2023)
- Extremely low liabilities ($1 reported consistently)
- Zero reported officer compensation, indicating high efficiency
- Long filing history (10 filings) demonstrating consistent operation
Frequently Asked Questions about William R Hoch Family Foundation In Inc
Is William R Hoch Family Foundation In Inc a legitimate charity?
William R Hoch Family Foundation In Inc (EIN: 202020348) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does William R Hoch Family Foundation In Inc spend its money?
William R Hoch Family Foundation In Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to William R Hoch Family Foundation In Inc tax-deductible?
William R Hoch Family Foundation In Inc is registered as a tax-exempt nonprofit (EIN: 202020348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the William R Hoch Family Foundation In Inc CEO make?
William R Hoch Family Foundation In Inc's highest-compensated officer earns $12 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does William R Hoch Family Foundation In Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), William R Hoch Family Foundation In Inc 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 William R Hoch Family Foundation In Inc located?
William R Hoch Family Foundation In Inc is headquartered in Berea, Kentucky and files with the IRS under EIN 202020348. It is classified under NTEE code T22.
How many years of IRS 990 filings does William R Hoch Family Foundation In Inc have?
William R Hoch Family Foundation In 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 $1.0M in total revenue.
Is William R Hoch Family Foundation In Inc a good charity?
Based on the available data, the foundation appears to be a good charity, particularly due to its strong asset base ($12.4M in 2023), minimal liabilities ($1), and zero reported officer compensation, suggesting high efficiency and dedication to its mission.
How does the foundation manage its expenses relative to its revenue?
The foundation's expenses have sometimes exceeded its revenue, such as in 2023 ($942,421 expenses vs. $926,846 revenue) and 2022 ($993,865 expenses vs. $547,622 revenue). However, its substantial asset base allows it to absorb these deficits without significant financial strain.
What is the trend in the foundation's assets?
The foundation's assets have grown significantly over time, from $18,934 in 2011 to $12,414,952 in 2023, indicating successful asset management and growth, though there has been a slight decrease from a peak of $14,076,912 in 2019.
Does the foundation have any debt?
No, the foundation consistently reports liabilities of only $1 across all filings, indicating virtually no debt.
Filing History
IRS 990 filing history for William R Hoch Family Foundation In Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), William R Hoch Family Foundation In Inc's revenue has grown by 1036.9%, moving from $82K to $927K. Total assets increased by 65469.6% over the same period, from $19K to $12.4M. Total functional expenses rose by 1187.6%, from $73K to $942K. In its most recent filing year (2023), William R Hoch Family Foundation In Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1 in liabilities against $12.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $927K | $942K | $12.4M | $1 | — | View 990 |
| 2022 | $548K | $994K | $12.4M | $1 | — | View 990 |
| 2021 | $517K | $454K | $12.9M | $1 | — | — |
| 2020 | $-732,629 | $531K | $12.8M | $1 | — | — |
| 2019 | $414K | $787K | $14.1M | $1 | — | View 990 |
| 2015 | $33K | $38K | $49K | $1 | — | View 990 |
| 2014 | $111K | $112K | $54K | $1 | — | View 990 |
| 2013 | $109K | $104K | $55K | $1 | — | View 990 |
| 2012 | $38K | $6K | $51K | $1 | — | View 990 |
| 2011 | $82K | $73K | $19K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $927K, expenses of $942K, and assets of $12.4M (revenue +69.2% year-over-year).
- 2022: Revenue of $548K, expenses of $994K, and assets of $12.4M (revenue +5.8% year-over-year).
- 2021: Revenue of $517K, expenses of $454K, and assets of $12.9M.
- 2020: Revenue of $-732,629, expenses of $531K, and assets of $12.8M (revenue -276.8% year-over-year).
- 2019: Revenue of $414K, expenses of $787K, and assets of $14.1M (revenue +1158.6% year-over-year).
- 2015: Revenue of $33K, expenses of $38K, and assets of $49K (revenue -70.2% year-over-year).
- 2014: Revenue of $111K, expenses of $112K, and assets of $54K (revenue +1.5% year-over-year).
- 2013: Revenue of $109K, expenses of $104K, and assets of $55K (revenue +186.0% year-over-year).
- 2012: Revenue of $38K, expenses of $6K, and assets of $51K (revenue -53.3% year-over-year).
- 2011: Revenue of $82K, expenses of $73K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William R Hoch Family Foundation In Inc:
Data Sources and Methodology
This transparency report for William R Hoch Family Foundation In 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.