Hamangia Foundation Inc

Nonprofit profile at a glance

EIN
814693777
IRS 990-PF coverage
2020–2025
Forms available
Form 990-PF 2025
Location
Princeton, NJ, USA
Phone
7176771846
Rating
65
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Visual Arts Organizations

Reported finances

Revenue
$23,082
Expenses
$80,515

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Visual Arts Organizations

What it reported funding in 2025

The foundation reported 3 grants totaling $1,420. The stated grant purposes included the foundation established an art sculpture related scholarship fund at california state university northridge department of arts in californi, donations to various foundations supporting local artists in gettysburg pa, and support of art and artists.

Operating model

Revenue model
Donor-supported. 61% of the foundation's positive operating resources came from contributions.
Distribution model
Direct operator. The foundation carried out 85% of its reported charitable disbursements directly.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

SUPPORTED - The filing identifies who received its grants and the filed numbers largely add up. A relatively small share of spending goes to grants and a relatively small share of available resources goes to charitable grants.

Rating breakdown

  • Grant Deployment: 50
  • Cost Efficiency: 2
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 100

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 50%; rating input score 50; 6th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 1.8%; rating input score 2; 6th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
    • 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: Fail
    • 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
    • Grants to individuals: Pass
    • Grants to organizations: 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: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 1,074.14; rating input score 100; 100th 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: 50% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 100th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Cost Efficiency: Grant expense ratio scored 2/100.
  • Review — Grant Deployment: Grant deployment ratio scored 50/100.
  • Review — Compliance: Part VII-B activity disclosures: Goods, services, or facilities involving a disqualified person not reported.