Fred M Hector Jr Charitable Trust is a 501(c)(3) organization based in Fargo, North Dakota, registered in 2017, with $1,866,878 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.9M
▼ 80.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$947K
Net assets
$19.2M
Employees
—
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 Fred M Hector Jr Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Fred M Hector Jr Charitable Trust: 243 mo reserves · +49% margin earns a B+ on this criterion. See the exact thresholds →
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 Fred M Hector Jr Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Fred M Hector Jr Charitable Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $8.0M (FY2019) to $1.9M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
49.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$19.2M
Total liabilities
$0
Net assets
$19.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,866,878▼80.7% | $947,401▲94.6% | $19,201,736▲6.6% | $19,201,736▲6.6% | 990PF |
| 2023 | $9,692,485▲1867% | $486,939▲14.6% | $18,021,056▲135% | $18,021,056▲135% | 990PF |
| 2022 | $492,653▼15.6% | $424,810▲0.8% | $7,663,460▼3.9% | $7,663,460▼3.9% | 990PF |
| 2021 | $583,928▲1194% | $421,417▲103% | $7,971,946▲10.1% | $7,971,946▲10.1% | 990PF |
| 2020 | -$53,390▼101% | $208,067▲276% | $7,243,208▼9.2% | $7,243,208▼9.2% | 990PF |
| 2019 | $8,026,518 | $55,278 | $7,979,665 | $7,979,665 | 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.
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Data for Fred M Hector Jr Charitable Trust (EIN 82-6127063) 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.