Everett and Alice Hess Family Fund

Nonprofit profile at a glance

EIN
237396909
IRS 990-PF coverage
2011–2022
Forms available
Form 990-PF 2022
Location
San Diego, CA, USA
Phone
6195630044
Rating
90
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$42,861
Expenses
$379,965

Source: IRS Form 990-PF. Selected filing: tax year 2022. Amounts in USD.

Overview

Mission

Everett and Alice Hess Family Fund is a nonprofit. Location: San Diego, CA. EIN 237396909. Tax year 2022 Form 990-PF reports $42.9K revenue and $380K expenses.

What it reported funding in 2022

The foundation reported 14 filed grant rows totaling $365,600. The stated grant purposes included lifesaving hunger treatment worldwide during emergencies, war and disasters, supports benjamin franklin elementary school, and helps citizens of atlanta, transition out of crisis via housing, health and wellness, youth development and job training, plus 11 other reported purposes.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 97% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants and the available information about grant readiness state registration leaves an important question unanswered.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 96
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 7

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 66th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 96.2%; rating input score 96; 79th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 0; rating input score 7; 7th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 7th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 12 filing years from 2011 to 2022
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Endowment Health: Endowment-health comparison scored 7/100.
  • High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.