Linda J and Michael D Hershberger Family Foundation is a 501(c)(3) organization based in Middleton, Wisconsin, registered in 2018, with $112,322 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$112K
▲ 572.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$46K
Net assets
$622K
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 Linda J and Michael D Hershberger Family 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. For Linda J and Michael D Hershberger Family Foundation: 164 mo reserves · +59% 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 Linda J and Michael D Hershberger Family 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 Linda J and Michael D Hershberger Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $511K (FY2018) to $112K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
59.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$622K
Total liabilities
$0
Net assets
$622K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $112,322▲572% | $45,586▲9.8% | $622,441▲12.0% | $622,441▲12.0% | 990PF |
| 2023 | $16,714▼45.1% | $41,512▲13.8% | $555,705▼4.3% | $555,705▼4.8% | 990PF |
| 2022 | $30,426▼36.8% | $36,465▲26.8% | $580,503▼1.0% | $583,563▼1.0% | 990PF |
| 2021 | $48,162▲56.4% | $28,768▼25.9% | $586,542▲3.4% | $589,197▲3.9% | 990PF |
| 2020 | $30,785▲66.0% | $38,816▲9.4% | $567,148▼1.4% | $567,148▼1.4% | 990PF |
| 2019 | $18,540▼96.4% | $35,496▲151% | $575,179▼2.9% | $575,179▼2.9% | 990PF |
| 2018 | $511,188 | $14,138 | $592,135 | $592,135 | 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 Linda J and Michael D Hershberger Family Foundation (EIN 82-2920163) 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.