Burton & Phyllis Hoffman Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Burton & Phyllis Hoffman Foundation Inc is a 501(c)(3) organization based in East Hartford, Connecticut, registered in 2000, with $441,477 in FY2023 revenue. CharityIndex grades it C+.
700 Connecticut Blvd, East Hartford, CT, 06108 EIN 06-1546659 Since 2000
Revenue (FY2023)
$441K
▼ 9.2% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$325K
Net assets
$252K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Burton & Phyllis Hoffman Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +26% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Burton & Phyllis Hoffman Foundation Inc: 9 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Burton & Phyllis Hoffman Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Burton & Phyllis Hoffman Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 700 Connecticut Blvd, East Hartford, CT, 06108
- City
- East Hartford
- State
- Connecticut
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $52K (FY2019) to $441K (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $252K
Operating margin
26.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$252K
Total liabilities
$0
Net assets
$252K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $441,477▼9.2% | $324,604▼35.9% | $251,584▲86.8% | $251,584▲86.8% | 990PF |
| 2022 | $486,156▲35.5% | $506,456▲18.2% | $134,711▼12.9% | $134,711▼12.9% | 990PF |
| 2021 | $358,711▲35.7% | $428,608▲782% | $154,712▼31.1% | $154,712▼31.1% | 990PF |
| 2020 | $264,332▲405% | $48,579▼71.1% | $224,609▲2436% | $224,609▲2436% | 990PF |
| 2019 | $52,350 | $168,368 | $8,856 | $8,856 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $43K total
4 grants to Burton & Phyllis Hoffman Foundation Inc totaling $43K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hartford Hospital | The burton & phyllis hoffman foundation has raised over one million dollars thus far towards charities involving arts, health, medicine, education and social well-being that give back to the greater hartford community. | 2023 | $8,968 |
| Hartford Hospital | The burton & phyllis hoffman foundation has raised over one million dollars thus far towards charities involving arts, health, medicine, education and social well-being that give back to the greater hartford community. | 2022 | $8,984 |
| Hartford Hospital | The burton & phyllis hoffman foundation has raised over one million dollars thus far towards charities involving arts, health, medicine, education and social well-being that give back to the greater hartford community. | 2021 | $20,000 |
| Saint Francis Hospital and Medical Center | Support the arts, health/medicine, education and social well-being | 2017 | $5,000 |
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Frequently asked questions
- Is Burton & Phyllis Hoffman Foundation Inc a legitimate nonprofit?
- Yes. Burton & Phyllis Hoffman Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1546659, based in East Hartford, Connecticut. Donations are tax-deductible.
- What is Burton & Phyllis Hoffman Foundation Inc's EIN?
- Burton & Phyllis Hoffman Foundation Inc's Employer Identification Number (EIN) is 06-1546659.
- How much revenue does Burton & Phyllis Hoffman Foundation Inc report?
- Burton & Phyllis Hoffman Foundation Inc reported $441,477 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Burton & Phyllis Hoffman Foundation Inc have?
- CharityIndex grades Burton & Phyllis Hoffman Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Burton & Phyllis Hoffman Foundation Inc (EIN 06-1546659) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.