Hulman & Company Foundation Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1999, with $1,301,561 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.3M
▼ 89.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$901K
Net assets
$17.7M
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 Hulman & Company Foundation Inc— 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 Hulman & Company Foundation Inc: 235 mo reserves · +31% 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 Hulman & Company Foundation Inc— 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 Hulman & Company Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $645K (FY2020) to $1.3M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
30.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.7M
Total liabilities
$0
Net assets
$17.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,301,561▼89.7% | $901,158▲189% | $17,664,349▲2.3% | $17,664,349▲2.3% | 990PF |
| 2023 | $12,668,522▲6731% | $311,339▲22.0% | $17,263,946▲252% | $17,263,946▲252% | 990PF |
| 2022 | $185,456▼88.8% | $255,246▲22.9% | $4,906,763▼1.4% | $4,906,763▼1.4% | 990PF |
| 2021 | $1,660,200▲157% | $207,767▼7.5% | $4,976,553▲41.2% | $4,976,553▲41.2% | 990PF |
| 2020 | $644,817 | $224,715 | $3,524,120 | $3,524,120 | 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 Hulman & Company Foundation Inc (EIN 35-2063427) 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.