Steve and Diane Hulbert Family Foundation

Nonprofit profile at a glance

EIN
208955079
IRS 990-PF coverage
2010–2010
Forms available
Form 990-PF 2010
Location
Wilmington, DE, USA
Phone
8008391754
Rating
11
Verdict
AVOID
Rating confidence
Moderate
Sector
Private Independent Foundations

Reported finances

Revenue
$-110,626
Expenses
$4,365

Source: IRS Form 990-PF. Selected filing: tax year 2010. Amounts in USD.

Overview

Mission

Private Independent Foundations

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Direct operator. The foundation carried out 93% 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

AVOID - The strongest available result is that the filed numbers largely add up. The filing does not identify all grant recipients and a relatively small share of spending goes to grants.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 7
  • Transparency: 0
  • Compliance: 50
  • Endowment Health: NotEnoughData

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 6.9%; rating input score 7; 15th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Scored; rating input score 0

Compliance

  • Foundation activity disclosures: Limited
  • Filing consistency checks: 4; rating input score 100

Endowment Health

  • Endowment-health comparison: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Investments: Filed investments detail
  • Consistency: 4 of 4 current checks pass
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

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

  • High — Transparency: Grant recipient disclosure scored 0/100.
  • High — Cost Efficiency: Grant expense ratio scored 7/100.