Gregg W Hanson Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Gregg W Hanson Charitable Foundation is a 501(c)(3) organization based in Spicer, Minnesota, registered in 1994, with $157,228 in FY2024 revenue. CharityIndex grades it C+.
14288 Indian Beach Rd, Spicer, MN, 56288 EIN 41-1766551 Since 1994
Revenue (FY2024)
$157K
▼ 21.8% vs prior year
Expenses (FY2024)
$130K
Net assets
$323K
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 Gregg W Hanson Charitable Foundation— 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 rating30 mo reserves · +17% 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 Gregg W Hanson Charitable Foundation: 30 mo reserves · +17% 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 Gregg W Hanson Charitable Foundation— 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 Gregg W Hanson Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $2,996 (FY2013) to $157K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $323K
Operating margin
17.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$323K
Total liabilities
$0
Net assets
$323K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $157,228▼21.8% | $130,086▲52.5% | $323,090▲9.2% | $323,090▲9.2% | 990PF |
| 2023 | $200,985▲96.7% | $85,280▼4.8% | $295,948▲64.2% | $295,948▲64.2% | 990PF |
| 2022 | $102,194▼0.1% | $89,551▲224% | $180,243▲7.5% | $180,243▲7.5% | 990PF |
| 2021 | $102,332▲4880% | $27,633▲27.7% | $167,600▲80.4% | $167,600▲80.4% | 990PF |
| 2020 | $2,055▼15.2% | $21,634▲734% | $92,901▼19.0% | $92,901▼19.0% | 990PF |
| 2015 | $2,424▼97.4% | $2,595▼85.3% | $114,749▼0.1% | $114,749▼0.1% | 990PF |
| 2014 | $92,650▲2992% | $17,621▲236% | $114,920▲188% | $114,920▲188% | 990PF |
| 2013 | $2,996 | $5,244 | $39,891 | $39,891 | 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 Gregg W Hanson Charitable Foundation a legitimate nonprofit?
- Yes. Gregg W Hanson Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1766551, based in Spicer, Minnesota. Donations are tax-deductible.
- What is Gregg W Hanson Charitable Foundation's EIN?
- Gregg W Hanson Charitable Foundation's Employer Identification Number (EIN) is 41-1766551.
- How much revenue does Gregg W Hanson Charitable Foundation report?
- Gregg W Hanson Charitable Foundation reported $157,228 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Gregg W Hanson Charitable Foundation have?
- CharityIndex grades Gregg W Hanson Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Gregg W Hanson Charitable Foundation (EIN 41-1766551) 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.