philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Hantz Foundation INC FY2023 filing

Tax-deductible

Southfield, MI501(c)(3)Recreation & SportsEIN 20-5408183Revenue $442K in FY2023

On file with the IRShantzfoundation.org26200 American Dr FL 5th, 48034-6173 · Southfield, MITax-exempt since Apr 2007Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Promote education and health and improve the experiences for the residents of the state of michigan in order to make the area a better place to live.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $186K a year · 44% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
37 mo
of spending, in cash
Looks good: 37.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $91K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$28K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$442K
+87% vs prior year
Spent
$414K
To programs
89%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$442K
FY2023▲ +87%
Tap a bar for its year
Revenue by fiscal year
FY2020$223K
FY2021$259K
FY2022$236K
FY2023$442K
FY2024$982K
Expenses
$414K
FY2023▲ +304%
Tap a bar for its year
Expenses by fiscal year
FY2020$63K
FY2021$16K
FY2022$102K
FY2023$414K
FY2024$614K
Net assets
$1.3M
FY2023▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$888K
FY2021$1.1M
FY2022$1.3M
FY2023$1.3M
FY2024$1.7M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $367K Management & general 11% · $47K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
K Diane Hantz
Board Member
$0Pt VII · Sec A
Hussein Warmack
Board Member
$0Pt VII · Sec A
Lauren Hantz
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Hantz Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves Michigan residents' education, health, and experiences to make the state a better place to live.

Questions for Hantz Foundation INC

Tap to ask. Hantz Foundation INC sees how many people are interested.

Your first name shows with your question. Hantz Foundation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $244K · in their own filed words · FY2023
01

Student Retention

Students from detroit schools for screening movies. Students with good academics and good attendance.

$98Kprogram expense
02

Teacher Retention

Provide teachers with supplies and organiztion of their classrooms. Awarded for improved test scores.

$75Kprogram expense
03

Winter Festival

Give kids the opportunity to make gifts for family. Have 20 stations to give kids exposure to season of giving.

$71Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Donor Advised Charitable Giving INCFY2024$48K
Network for Good INCFY2024$19K
Poulos Family Foundation INCFY2024$10K
Charities Aid Foundation AmericaFY2024$10K
T Backer Fund INC C/O Daniel GrunbergFY2024$5K
Total grants receivedfrom 5 funders$91K
See all 5 funders →

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$442K
Ln 12
Gifts and grantsLn 1h$424K
Investment incomeLn 3$15K
Other incomeLn 4–11$3K
Money outPt IX
$414K
Ln 25
Programscol B$367K
Managementcol C$47K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$1.3M
LiabilitiesLn 26$28K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$424K
Investment incomeLn 3$15K
Other incomeLn 4–11$3K
Total revenueLn 12$442K
Assets in detailPt X, end of year
CashLn 1$265K
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$1.3M
Total assetsLn 16$1.3M
LiabilitiesLn 26$28K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.3M$1.3M
Total assetsLn 16$1.3M$1.3M
LiabilitiesLn 26$0$28K
Net assetsLn 32$1.3M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$89K$78K$11K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$7K$7K
Information technologyLn 14$2K$2K
TravelLn 17$32K$14K$17K
Conferences, conventions and meetingsLn 19$350$350
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$274K$274K$229
All other expensesLn 24e$20$20
Total functional expensesLn 25$414K$367K$47K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $982K$614K$368K$1.7M 990 PDF
FY2023 Viewing $442K$414K$29K$1.3M 990 PDF
FY2022 $236K$102K$133K$1.3M 990 PDF
FY2021 $259K$16K$243K$1.1M 990 PDF
FY2020 $223K$63K$160K$888K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $442,138 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $235,789$424,326
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$15,050
I-11 Other revenuePrior year $30$2,762
I-12 Total revenuePrior year $235,819$442,138
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $102,322$413,622
I-18 Total expensesPrior year $102,322$413,622
I-19 Revenue less expensesPrior year $133,497$28,516
Part VI · Governance 5 of 5 board members independent, 5 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $442,138 across 5 lines filed
VIII-1f All other contributions, gifts and grants$424,326
VIII-1h Total contributions, gifts and grants$424,326
VIII-3 Investment incomeUnrelated business $15,050$15,050
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $2,762$2,762
VIII-12 Total revenueRelated to mission $0 · Unrelated business $17,812 · Excluded from tax $0$442,138
Part IX · Statement of functional expenses $413,622 across 9 lines filed
IX-11g Other fees for servicesPrograms $78,080 · Management $11,179$89,259
IX-12 Advertising and promotionManagement $6,570$6,570
IX-13 Office expensesManagement $7,315$7,315
IX-14 Information technologyManagement $2,216$2,216
IX-17 TravelPrograms $14,275 · Management $17,353$31,628
IX-19 Conferences, conventions and meetingsManagement $350$350
IX-23 InsuranceManagement $1,870$1,870
IX-24 Other expenses (24a–d)Programs $274,165 · Management $229$274,394
IX-24e All other expensesManagement $20$20
IX-25 Total functional expensesPrograms $366,520 · Management $47,102 · Fundraising $0$413,622
Part X · Balance sheet $1,321,199 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $1,257,853$264,749
X-2 Savings and temporary cash investments$1,015,050
X-4 Accounts receivableStart of year $6,635$3,000
X-9 Prepaid expenses and deferred charges$38,400
X-16 Total assetsStart of year $1,264,488$1,321,199
X-17 Accounts payable and accrued expenses$28,195
X-26 Total liabilitiesStart of year $0$28,195
X-27 Net assets without donor restrictionsStart of year $1,264,488$1,293,004
X-32 Total net assets or fund balancesStart of year $1,264,488$1,293,004
X-33 Total liabilities and net assetsStart of year $1,264,488$1,321,199
Part XI · Reconciliation of net assets $1,293,004 net assets at year end
XI-1 Total revenue$442,138
XI-2 Total expenses$413,622
XI-3 Revenue less expenses$28,516
XI-4 Net assets at start of year$1,264,488
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,293,004

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.