H-545 Foundation is a 501(c)(3) organization based in Henning, Minnesota, registered in 2013, with $58,507 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$59K
▲ 57.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$27K
Net assets
$811K
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 H-545 Foundation— 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 H-545 Foundation: 366 mo reserves · +55% 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 H-545 Foundation— 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 H-545 Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $21K (FY2017) to $59K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
54.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$811K
Total liabilities
$0
Net assets
$811K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $58,507▲57.3% | $26,607▲33.2% | $811,429▲4.1% | $811,429▲4.1% | 990 |
| 2023 | $37,203▼60.6% | $19,980▼16.7% | $779,529▲2.3% | $779,529▲2.3% | 990 |
| 2022 | $94,400▲51.7% | $23,972▲32.5% | $762,306▲10.2% | $762,306▲10.2% | 990 |
| 2021 | $62,236▼29.6% | $18,094▲40.5% | $691,878▲6.8% | $691,878▲6.8% | 990 |
| 2020 | $88,350▲272% | $12,876▼8.6% | $647,736▲13.3% | $647,736▲13.3% | 990 |
| 2019 | $23,742▼44.9% | $14,092▼2.7% | $571,941▲1.7% | $571,941▲1.7% | 990 |
| 2018 | $43,058▲107% | $14,480▲3.4% | $562,291▲5.3% | $562,291▲5.3% | 990 |
| 2017 | $20,843 | $14,008 | $533,913 | $533,913 | 990 |
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 H-545 Foundation (EIN 46-1444156) 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.