Merle F and Herbert L Hanna Foundation
Only null% goes to programs Strong reserves
Merle F and Herbert L Hanna Foundation is a 501(c)(3) organization based in Lafayette, Louisiana, registered in 2014, with $349,138 in FY2024 revenue. CharityIndex grades it B.
627 Jefferson St, Lafayette, LA, 70501 EIN 47-1001248 Since 2014
Revenue (FY2024)
$349K
▲ 8.2% vs prior year
Education median: $200K
Expenses (FY2024)
$373K
Net assets
$541K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Merle F and Herbert L Hanna Foundation— 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 rating17 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 Merle F and Herbert L Hanna Foundation: 17 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 Merle F and Herbert L Hanna 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 Merle F and Herbert L Hanna Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 627 Jefferson St, Lafayette, LA, 70501
- City
- Lafayette
- State
- Louisiana
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue declined from $1.1M (FY2014) to $349K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $541K
Operating margin
-6.9%
Spent more than it raised in the latest fiscal year.
Total assets
$541K
Total liabilities
$0
Net assets
$541K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $349,138▲8.2% | $373,234▲9.0% | $541,226▼4.3% | $541,226▼4.3% | 990PF |
| 2023 | $322,683▼6.7% | $342,455▲9.6% | $565,322▼3.4% | $565,322▼3.4% | 990PF |
| 2022 | $346,030▲11.8% | $312,485▲9.6% | $585,094▲6.1% | $585,094▼0.7% | 990PF |
| 2021 | $309,644▲47.0% | $285,037▼6.6% | $551,549▲4.7% | $589,317▲2.9% | 990PF |
| 2020 | $210,616▼50.6% | $305,283▼23.4% | $526,942▼15.2% | $572,757▼7.9% | 990PF |
| 2019 | $426,416▲22.6% | $398,557▼4.6% | $621,609▲4.7% | $621,609▲4.7% | 990PF |
| 2018 | $347,852▼5.6% | $417,992▲7.8% | $593,750▼10.6% | $593,750▼10.6% | 990PF |
| 2017 | $368,396▲29.7% | $387,697▲11.2% | $663,890▼2.8% | $663,890▼2.8% | 990PF |
| 2016 | $283,960▼27.5% | $348,621▼24.0% | $683,191▼8.6% | $683,191▼8.6% | 990PF |
| 2015 | $391,930▼63.1% | $458,870▲85.0% | $747,852▼8.2% | $747,852▼8.2% | 990PF |
| 2014 | $1,062,868 | $248,076 | $814,792 | $814,792 | 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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Frequently asked questions
- Is Merle F and Herbert L Hanna Foundation a legitimate nonprofit?
- Yes. Merle F and Herbert L Hanna Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-1001248, based in Lafayette, Louisiana. Donations are tax-deductible.
- What is Merle F and Herbert L Hanna Foundation's EIN?
- Merle F and Herbert L Hanna Foundation's Employer Identification Number (EIN) is 47-1001248.
- How much revenue does Merle F and Herbert L Hanna Foundation report?
- Merle F and Herbert L Hanna Foundation reported $349,138 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Merle F and Herbert L Hanna Foundation have?
- CharityIndex grades Merle F and Herbert L Hanna Foundation B, based on financial health (reserves and operating margin).
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Data for Merle F and Herbert L Hanna Foundation (EIN 47-1001248) 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.