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Hs Dent Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943228083 ✦ Frisco, TX ✦ Designated as a 501(c)(3)

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Overview

What is Hs Dent Foundation?

The HS Dent Foundation is a nonprofit organization with a primary goal of providing investment and financial education to the wider community. Their mission encompasses offering educational resources to individuals in need of financial assistance. The organization's activities are centered around imparting financial knowledge, aiming to empower people and improve their financial literacy.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 44%, Zero-Star out of Four Star rating.

The Hs Dent Foundation has received a 44% rating from Charity Navigator, which translates to a Zero-Star rating. This rating primarily reflects concerns in the Accountability & Finance category, where the organization scored 44%. While it boasts a strong independent board member presence (66%), other metrics, such as the independent board size and financial ratios, significantly hinder its overall score.

Strengths noted include the absence of material diversion of assets and the existence of a conflict of interest policy, a whistleblower policy, and proper document retention practices. However, the foundation has shortcomings in transparency, specifically regarding missing website disclosures of tax forms and a low program expense ratio of only 22.08%. This suggests a need for improvement in how funds are allocated to programs versus administrative costs.

Overall, while the Hs Dent Foundation demonstrates some governance strengths, the low ratings in accountability and financial efficiency highlight areas for concern, urging potential donors to consider these factors before contributing.


This AI summary has been generated from information found on Charity Navigator.

Is Hs Dent Foundation legitimate?

Hs Dent Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hs Dent Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Hs Dent Foundation?

The HS Dent Foundation's mission is centered around providing financial education to the public at large. As part of its mission, the foundation offers investment education to individuals who require financial assistance. The organization's activities are geared towards equipping the general population with financial knowledge and skills.

Who is the CEO of Hs Dent Foundation?

Harry S Dent is the President/Full Time of Hs Dent Foundation.

What is the revenue of Hs Dent Foundation?

Hs Dent Foundation's revenue in 2022 was -$1,001,178.

Who are the executives of Hs Dent Foundation and what are their salaries?

There 5 volunteers at Hs Dent Foundation.


Here are 3 key members and their salaries:


Harry S Dent (President/Full Time)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Johnson (Director/Part Time)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Gerardot (Secretary,Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hs Dent Foundation?

Hs Dent Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hs Dent Foundation

The HS Dent Foundation, as a nonprofit organization, is committed to delivering investment and financial education to the wider public. Its mission is to equip individuals seeking financial assistance with the necessary knowledge and skills. The foundation provides a range of programs that cater to this mission, focusing on offering financial education to the general public. By doing so, the HS Dent Foundation aims to empower individuals with the tools necessary to make informed financial decisions, ultimately promoting financial stability and independence.

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Impact




October, 2024

Hs Dent Foundation significantly impacts the community by offering investment and financial education to the general public. By focusing on those who seek financial assistance, the foundation equips individuals with the knowledge and skills necessary to make informed financial decisions. This empowerment helps participants navigate their economic challenges more effectively, fostering greater financial literacy and stability within the community. Through its programs, the foundation not only addresses immediate financial needs but also promotes long-term financial wellbeing, contributing to overall human services in Frisco, TX.




This information is meant to be a general summary of Hs Dent Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$1,001,178 (2022)
Expenses
$2,449 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$1,001,273
  • Program Service Revenue: $95
  • Gross Receipts: $102

Assets and Liabilities:

  • Total Assets: $207,359
  • Total Liabilities: $2,000
  • Net Assets: $205,359

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BOOK & PUBLICATION REVENUES/ROYALTIES

Revenue

$95

Organization Details

Founding Year

1996

Principal Officer

Harry S Dent

Main Address

15016 MOUNTAIN CREEK TRL, FRISCO, TX, 750357406

NTEE Category

Code: P510 - Human services

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