Nonprofit screen
Screen a listThe Hobby Center Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$34Mrevenue
FY2024 · +312% in 3 yrs102staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin2.1%
Months of reserve2.1mo
Revenue growth (annualized)+19.5%
Middle half of peersMedianHobby Center
Where the money goes FY2024 · $33M spent
Programs$29M87%Management and general$3.9M12%Fundraising$405k1%990 FY2024 · Part IX line 25
Worth checking1
Government grants fell 84% in FY2024
$3.4M in FY2022, $546k in FY2024.
990 Part VIIIIn its favor3
Strong governance
20 of 21 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 19% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortFunders stay
7 of the 10 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists31funders
$154ka year, last 3 years
22%from its largest funder
Funder’17’18’19’20’21’22’23Houston Livestock Show and Rodeo Educational FundOn and off$40k$40k$40k$40k$30kThe Hg Ash FoundationEvery year since FY2017$31k$31k$46k$6k$31k$6k$26kThe Elkins FoundationNew in FY2023$100kHobby Family FoundationNew in FY2023$50kPetrello Family FoundationStopped after FY2019$14k$15k$15k–Gatewood Family FoundationOn and off$5k$5k$6k$4k$10kDonor-advised giftsDonors not disclosed$42k$45k$58k$17k$18k$32k$89k8 other fundersUp to $11k a year each$10k$13k$5k$12k$17k$20k$21k
FundedThrough a donor-advised fundStopped