Edwards-hobgood Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Edwards-hobgood Foundation Inc is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1993, with $15,932 in FY2024 revenue. CharityIndex grades it C+.
2331 Grant Ave Apt 211, Raleigh, NC, 27608 EIN 56-1789818 Since 1993
Revenue (FY2024)
$16K
▲ 148.9% vs prior year
Expenses (FY2024)
$13K
Net assets
$202K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Edwards-hobgood 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 →
B+Financial health25% of the rating186 mo reserves · +18% 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 Edwards-hobgood Foundation Inc: 186 mo reserves · +18% margin earns a B+ 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 Edwards-hobgood 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 Edwards-hobgood Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2331 Grant Ave Apt 211, Raleigh, NC, 27608
- City
- Raleigh
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $27K (FY2014) to $16K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $202K
Operating margin
18.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$202K
Total liabilities
$0
Net assets
$202K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $15,932▲149% | $13,063▲102% | $202,469▲1.4% | $202,469▲1.4% | 990PF |
| 2023 | $6,400▲187% | $6,482▼19.7% | $199,627 | $199,627 | 990PF |
| 2022 | $2,233▲22.7% | $8,071▼48.1% | $199,652▲5.9% | $199,652▲5.9% | 990PF |
| 2021 | $1,820▼86.3% | $15,549▲0.5% | $188,611▼6.8% | $188,611▼6.8% | 990PF |
| 2020 | $13,256▲39.5% | $15,471▲7.8% | $202,340▲2.4% | $202,340▲2.4% | 990PF |
| 2019 | $9,505▼61.4% | $14,350▼37.5% | $197,602▼0.4% | $197,602▼0.4% | 990PF |
| 2018 | $24,607▲50.8% | $22,968▼8.9% | $198,487▲0.8% | $198,487▲0.8% | 990PF |
| 2017 | $16,317▲310% | $25,205▼8.2% | $196,848▼4.3% | $196,848▼4.3% | 990PF |
| 2016 | -$7,767▼147% | $27,462▲4.7% | $205,736▼14.6% | $205,736▼14.6% | 990PF |
| 2015 | $16,673▼38.1% | $26,226▲28.5% | $240,965▼3.4% | $240,965▼3.4% | 990PF |
| 2014 | $26,915 | $20,402 | $249,318 | $249,318 | 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.
Frequently asked questions
- Is Edwards-hobgood Foundation Inc a legitimate nonprofit?
- Yes. Edwards-hobgood Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1789818, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is Edwards-hobgood Foundation Inc's EIN?
- Edwards-hobgood Foundation Inc's Employer Identification Number (EIN) is 56-1789818.
- How much revenue does Edwards-hobgood Foundation Inc report?
- Edwards-hobgood Foundation Inc reported $15,932 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Edwards-hobgood Foundation Inc have?
- CharityIndex grades Edwards-hobgood Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Edwards-hobgood Foundation Inc (EIN 56-1789818) 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.