Sarah M Hughes Foundation
Only null% goes to programs Strong reserves Growing revenue
Sarah M Hughes Foundation is a 501(c)(3) organization based in Seattle, Washington, registered in 2012, with $702,028 in FY2023 revenue. CharityIndex grades it C+.
511 Boren Ave N Ste 300, Seattle, WA, 98109 EIN 35-2428957 Since 2012
Revenue (FY2023)
$702K
▲ 60.2% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$829K
Net assets
$4.9M
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 Sarah M Hughes Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating71 mo reserves · -18% 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 Sarah M Hughes Foundation: 71 mo reserves · -18% margin earns a C+ 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 Sarah M Hughes 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 Sarah M Hughes Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 511 Boren Ave N Ste 300, Seattle, WA, 98109
- City
- Seattle
- State
- Washington
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue grew from $152K (FY2013) to $702K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $4.9M
Operating margin
-18.1%
Spent more than it raised in the latest fiscal year.
Total assets
$4.9M
Total liabilities
$0
Net assets
$4.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $702,028▲60.2% | $829,298▲6.3% | $4,872,383▼2.5% | $4,872,383▼2.5% | 990PF |
| 2022 | $438,160▼14.7% | $780,343▲707% | $4,998,153▼6.4% | $4,998,153▼6.4% | 990PF |
| 2021 | $513,590▲43.1% | $96,677▼73.3% | $5,340,336▲8.5% | $5,340,336▲8.5% | 990PF |
| 2020 | $358,825▲25.2% | $361,948▼2.6% | $4,922,173 | $4,922,173 | 990PF |
| 2019 | $286,514▲12.2% | $371,690▼15.2% | $4,923,296▼1.6% | $4,923,296▼1.6% | 990PF |
| 2018 | $255,292▲76.7% | $438,130▲11.0% | $5,005,728▼3.5% | $5,005,728▼3.5% | 990PF |
| 2017 | $144,450▼27.6% | $394,622▼3.8% | $5,187,766▼4.6% | $5,187,766▼4.6% | 990PF |
| 2016 | $199,424▼21.4% | $410,359▲15.8% | $5,437,938▼3.7% | $5,437,938▼3.7% | 990PF |
| 2015 | $253,866▲2.4% | $354,486▼16.1% | $5,648,873▼1.8% | $5,648,873▼1.8% | 990PF |
| 2014 | $247,983▲62.7% | $422,572▲1.1% | $5,749,493▼2.9% | $5,749,493▼2.9% | 990PF |
| 2013 | $152,461 | $417,849▲337% | $5,924,082▼4.0% | $5,924,082▼4.0% | 990PF |
| 2012 | — | $95,694 | $6,172,258 | $6,172,258 | 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 Sarah M Hughes Foundation a legitimate nonprofit?
- Yes. Sarah M Hughes Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-2428957, based in Seattle, Washington. Donations are tax-deductible.
- What is Sarah M Hughes Foundation's EIN?
- Sarah M Hughes Foundation's Employer Identification Number (EIN) is 35-2428957.
- How much revenue does Sarah M Hughes Foundation report?
- Sarah M Hughes Foundation reported $702,028 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Sarah M Hughes Foundation have?
- CharityIndex grades Sarah M Hughes Foundation C+, based on financial health (reserves and operating margin).
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Data for Sarah M Hughes Foundation (EIN 35-2428957) 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.