Kenneth & Gwendoilyn Hoving Foundation is a 501(c)(3) organization based in Middleville, Michigan, registered in 1995, with $25,083 in FY2024 revenue.
Revenue (FY2024)
$25K
▼ 78.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$0
Net assets
$391K
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 Kenneth & Gwendoilyn Hoving 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. Not scored for Kenneth & Gwendoilyn Hoving Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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 Kenneth & Gwendoilyn Hoving 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 Kenneth & Gwendoilyn Hoving Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $567 (FY2020) to $25K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
100.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$391K
Total liabilities
$0
Net assets
$391K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $25,083▼78.7% | $0 | $390,866▲6.9% | $390,866▲6.9% | 990PF |
| 2023 | $117,715▲3032% | $0▼100% | $365,783▲47.5% | $365,783▲47.5% | 990PF |
| 2022 | $3,759▼90.5% | $102,722 | $248,068▼28.5% | $248,068▼28.5% | 990PF |
| 2021 | $39,744▲6910% | $0 | $347,031▲12.9% | $347,031▲12.9% | 990PF |
| 2020 | $567 | $0 | $307,287 | $307,287 | 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 Kenneth & Gwendoilyn Hoving Foundation (EIN 36-3993239) 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.