Herbert C Shipman Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Herbert C Shipman Foundation is a 501(c)(3) organization based in Hilo, Hawaii, registered in 1978, with $15,581 in FY2022 revenue. CharityIndex grades it F.
101 Aupuni St Ste 139, Hilo, HI, 96720 EIN 99-0175917 Since 1978
Revenue (FY2022)
$16K
▼ 81.2% vs prior year
Expenses (FY2022)
$39K
Net assets
$522K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Herbert C Shipman Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating160 mo reserves · -151% 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 Herbert C Shipman Foundation: 160 mo reserves · -151% margin earns a F 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 Herbert C Shipman Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 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 Herbert C Shipman Foundation: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue declined from $28K (FY2013) to $16K (FY2022) across 10 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $0Net assets $522K
Operating margin
-150.5%
Spent more than it raised in the latest fiscal year.
Total assets
$522K
Total liabilities
$0
Net assets
$522K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $15,581▼81.2% | $39,038▲0.7% | $521,868▼4.3% | $521,868▼4.3% | 990PF |
| 2021 | $83,075▲435% | $38,766▲9.0% | $545,325▲8.8% | $545,325▲8.8% | 990PF |
| 2020 | $15,517▲73.9% | $35,576▼2.4% | $501,016▼3.8% | $501,016▼3.8% | 990PF |
| 2019 | $8,922▼74.7% | $36,445▼5.8% | $521,075▼5.0% | $521,075▼5.5% | 990PF |
| 2018 | $35,293▼33.8% | $38,690▲11.9% | $548,598▼0.6% | $551,535▼0.1% | 990PF |
| 2017 | $53,322▲110% | $34,579▲9.4% | $551,995▲3.5% | $551,995▲3.5% | 990PF |
| 2016 | $25,354▲204% | $31,601▼13.3% | $533,252▼1.2% | $533,252▼1.2% | 990PF |
| 2015 | $8,340▼76.4% | $36,433▼0.1% | $539,499▼4.9% | $539,499▼4.9% | 990PF |
| 2014 | $35,340▲26.0% | $36,462▼16.1% | $567,592▼0.2% | $567,592▼0.2% | 990PF |
| 2013 | $28,057 | $43,482▲91.1% | $568,714▼2.6% | $568,714▼2.6% | 990PF |
| 2012 | — | $22,756▼15.0% | $584,139▲13.1% | $584,139▲13.1% | 990PF |
| 2011 | — | $26,778▼13.9% | $516,395▼0.3% | $516,395▼0.3% | 990PF |
| 2010 | — | $31,107 | $517,701 | $517,701 | 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 Herbert C Shipman Foundation a legitimate nonprofit?
- Yes. Herbert C Shipman Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 99-0175917, based in Hilo, Hawaii. Donations are tax-deductible.
- What is Herbert C Shipman Foundation's EIN?
- Herbert C Shipman Foundation's Employer Identification Number (EIN) is 99-0175917.
- How much revenue does Herbert C Shipman Foundation report?
- Herbert C Shipman Foundation reported $15,581 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Herbert C Shipman Foundation have?
- CharityIndex grades Herbert C Shipman Foundation F, based on financial health (reserves and operating margin).
More nonprofits in Hilo
Explore more
Data for Herbert C Shipman Foundation (EIN 99-0175917) 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.