Lawrence L & Julia Z Hoverter Trust 1423
Only null% goes to programs Strong reserves
Lawrence L & Julia Z Hoverter Trust 1423 is a 501(c)(3) organization based in Hermitage, Pennsylvania, registered in 2003, with $8,755 in FY2024 revenue. CharityIndex grades it C+.
One Fnb Blvd 3rd Floor, Hermitage, PA, 16148 EIN 23-6676118 Since 2003
Revenue (FY2024)
$8,755
▲ 76.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$8,152
Net assets
$131K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Lawrence L & Julia Z Hoverter Trust 1423— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating192 mo reserves · +7% 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 Lawrence L & Julia Z Hoverter Trust 1423: 192 mo reserves · +7% margin earns a B+ 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 Lawrence L & Julia Z Hoverter Trust 1423— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Lawrence L & Julia Z Hoverter Trust 1423: 1 of 5 disclosure signals earns a D 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
- Address
- One Fnb Blvd 3rd Floor, Hermitage, PA, 16148
- City
- Hermitage
- State
- Pennsylvania
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $10K (FY2013) to $8,755 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $131K
Operating margin
6.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$131K
Total liabilities
$0
Net assets
$131K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,755▲76.1% | $8,152▲1.5% | $130,702▲0.5% | $130,702▲0.5% | 990PF |
| 2023 | $4,972▲9.3% | $8,029▼10.5% | $130,107▲5.1% | $130,107▲5.1% | 990PF |
| 2022 | $4,547▼52.8% | $8,975▲5.0% | $123,798▼10.1% | $123,798▼10.1% | 990PF |
| 2021 | $9,624▲926% | $8,548▼0.6% | $137,719▲0.8% | $137,719▲0.8% | 990PF |
| 2020 | $938▼80.4% | $8,600▼2.2% | $136,648▼5.3% | $136,648▼5.3% | 990PF |
| 2019 | $4,795▼31.4% | $8,792▼4.7% | $144,277▼2.6% | $144,277▼2.6% | 990PF |
| 2018 | $6,986▲14.0% | $9,226▲1.2% | $148,184▼1.5% | $148,184▼1.5% | 990PF |
| 2017 | $6,130▲114% | $9,113▼28.6% | $150,402▼2.0% | $150,402▼2.0% | 990PF |
| 2016 | $2,860▼47.8% | $12,762▼15.3% | $153,454▼6.0% | $153,454▼6.0% | 990PF |
| 2015 | $5,474▼29.4% | $15,063▲205% | $163,272▼5.5% | $163,272▼5.5% | 990PF |
| 2014 | $7,759▼25.2% | $4,944▲5.0% | $172,738▲1.6% | $172,738▲1.6% | 990PF |
| 2013 | $10,375 | $4,710▼48.1% | $169,983▲4.4% | $169,983▲4.4% | 990PF |
| 2012 | — | $9,080▼16.8% | $162,763▼2.7% | $162,763▼2.7% | 990PF |
| 2011 | — | $10,916▲47.3% | $167,246▼0.6% | $167,246▼0.6% | 990PF |
| 2010 | — | $7,410 | $168,333 | $168,333 | 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.
Similar organizations in Philanthropy
- Philanthropy
Yerkes Water Association
Collegeville, PA
$0
annual revenue
Philanthropy
Wings of Kindness Foundation Inc
Thompsontown, PA
$0
Bannual revenue
- Philanthropy
In Deed and In Truth
Bridgeport, PA
$0
annual revenue
- Philanthropy
Jeremy Redding Memorial Foundation
Hanover, PA
$0
annual revenue
- Philanthropy
Nicholas Ryan Over Foundation
Carlisle, PA
$0
annual revenue
- Philanthropy
Anchored On the Rock Ministries
Reading, PA
$0
annual revenue
- Philanthropy
Bethlehem Rotary Foundation
Allentown, PA
$0
Cannual revenue
- Philanthropy
Laura Worthington Scholarship Fund
Newtown, PA
$0
annual revenue
- Philanthropy
Pex Foundation For the Arts Inc
Philadelphia, PA
$0
annual revenue
- Philanthropy
Claire E Clay Cross the Water Foundation
Broomall, PA
$0
annual revenue
Compare Lawrence L & Julia Z Hoverter Trust 1423
Frequently asked questions
- Is Lawrence L & Julia Z Hoverter Trust 1423 a legitimate nonprofit?
- Yes. Lawrence L & Julia Z Hoverter Trust 1423 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-6676118, based in Hermitage, Pennsylvania. Donations are tax-deductible.
- What is Lawrence L & Julia Z Hoverter Trust 1423's EIN?
- Lawrence L & Julia Z Hoverter Trust 1423's Employer Identification Number (EIN) is 23-6676118.
- How much revenue does Lawrence L & Julia Z Hoverter Trust 1423 report?
- Lawrence L & Julia Z Hoverter Trust 1423 reported $8,755 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lawrence L & Julia Z Hoverter Trust 1423 have?
- CharityIndex grades Lawrence L & Julia Z Hoverter Trust 1423 C+, based on financial health (reserves and operating margin).
More nonprofits in Hermitage
Explore more
Data for Lawrence L & Julia Z Hoverter Trust 1423 (EIN 23-6676118) 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.