Hugh J Andersen Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Hugh J Andersen Foundation is a 501(c)(3) organization based in Bayport, Minnesota, registered in 1964, with $8,505,943 in FY2024 revenue. CharityIndex grades it D.
342 5th Ave N Ste 200, Bayport, MN, 55003 EIN 41-6020914 Since 1964
Revenue (FY2024)
$8.5M
▲ 31.0% vs prior year
Expenses (FY2024)
$11.4M
Net assets
$251.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Hugh J Andersen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating264 mo reserves · -34% 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 Hugh J Andersen Foundation: 264 mo reserves · -34% margin earns a D 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 Hugh J Andersen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Hugh J Andersen Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $5.2M (FY2018) to $8.5M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $251.0M
Operating margin
-34.0%
Spent more than it raised in the latest fiscal year.
Total assets
$251.0M
Total liabilities
$0
Net assets
$251.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,505,943▲31.0% | $11,394,511▲18.9% | $251,002,895▲15.9% | $251,002,895▲15.9% | 990PF |
| 2023 | $6,493,377▼39.7% | $9,579,948▲23.8% | $216,570,952▲32.2% | $216,570,952▲32.2% | 990PF |
| 2022 | $10,772,844▼4.3% | $7,735,244▼9.3% | $163,826,020▲4.8% | $163,826,020▲4.8% | 990PF |
| 2021 | $11,255,430▲32.7% | $8,525,595▲36.5% | $156,260,583▲1.7% | $156,260,583▲1.7% | 990PF |
| 2020 | $8,481,253▲14.3% | $6,245,132▲11.5% | $153,682,238▲36.5% | $153,682,238▲36.5% | 990PF |
| 2019 | $7,420,611▲42.6% | $5,602,757▲12.7% | $112,586,185▲10.7% | $112,586,185▲10.7% | 990PF |
| 2018 | $5,204,648 | $4,971,400 | $101,729,032 | $101,729,032 | 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 Hugh J Andersen Foundation a legitimate nonprofit?
- Yes. Hugh J Andersen Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-6020914, based in Bayport, Minnesota. Donations are tax-deductible.
- What is Hugh J Andersen Foundation's EIN?
- Hugh J Andersen Foundation's Employer Identification Number (EIN) is 41-6020914.
- How much revenue does Hugh J Andersen Foundation report?
- Hugh J Andersen Foundation reported $8,505,943 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hugh J Andersen Foundation have?
- CharityIndex grades Hugh J Andersen Foundation D, based on financial health (reserves and operating margin).
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Data for Hugh J Andersen Foundation (EIN 41-6020914) 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.