Frederick P & Mary Buford Hitz Trust is a 501(c)(3) organization based in Charlottesvle, Virginia, registered in 1969, with $71,807 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$72K
▲ 24.2% vs prior year
Expenses (FY2024)
$71K
Net assets
$861K
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 Frederick P & Mary Buford Hitz 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 Frederick P & Mary Buford Hitz Trust: 146 mo reserves · +1% 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 Frederick P & Mary Buford Hitz 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 Frederick P & Mary Buford Hitz Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2,659 (FY2020) to $72K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$861K
Total liabilities
$0
Net assets
$861K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $71,807▲24.2% | $70,908▲269% | $861,050▲0.2% | $861,050▲0.2% | 990PF |
| 2023 | $57,794▲583% | $19,208▼77.2% | $859,031▲4.7% | $859,031▲4.7% | 990PF |
| 2022 | $8,463▲4090% | $84,365▲1434% | $820,542▼8.5% | $820,542▼8.5% | 990PF |
| 2021 | $202▼92.4% | $5,500▼93.4% | $896,496▼0.6% | $896,496▼0.6% | 990PF |
| 2020 | $2,659 | $82,940 | $901,794 | $901,794 | 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 Frederick P & Mary Buford Hitz Trust (EIN 54-6076815) 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.