Hudson Community Foundation

Nonprofit profile at a glance

EIN
341935499
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Hudson, OH, USA
Phone
3306553580
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Foundations

Official website

Reported finances

Revenue
$8,943,803
Expenses
$6,040,568
Assets
$35,803,664
Liabilities
$1,112,818

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • AMY JORDAN (PRESIDENT)

Highest reported compensation

  • AMY JORDAN (PRESIDENT): $109,131 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Founded in 2000, hudson community foundation's mission is to enhance the overall quality of life in the hudson area by increasing charitable giving, educating, and connecting donors to community needs and leading on community issues. The foundation, supported by hundreds of local donors and donor advised funds, operates from an office in the historic baldwin house on hudson's village green and is governed by a volunteer board of directors and led by a professional staff.

What it reported doing in 2024

In 2024, hudson community foundation administered over $27 million in donor charitable funds, with donors recommending more than $5 million in grants to approximately 1,000 charitable organizations locally and across the country. Through its community impact initiatives, the foundation also awarded $54,000 in grants to support local nonprofit programs addressing needs and enhancing quality of life in hudson. In addition, the foundation provided guidance and support to emerging nonprofit organizations to help strengthen charitable efforts in the community.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 84
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.2%; rating input score 68
  • Program expense ratio: 96%; rating input score 96
  • Fundraising efficiency: $304.18 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 74.6%; rating input score 75; 20th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 32.5%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 5.93; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 1.8%; rating input score 77; 77th percentile among comparable filings

Growth

  • Program expense growth: 11.7% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 5.7% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: 9.3% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 68.2% of revenue deployed · 96% of spending went to programs
  • Governance: 19 of 19 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $5.8M in reported program spending
  • Leadership: top reported pay $109K · 20 people listed
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 131 filed money-flow records
  • Related organizations: 130 filed related-organization links
  • 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.

  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.