Sam Hubbard Foundation EIN 84-4402521

Sam Hubbard Foundation

EIN  84-4402521 Public charity (501(c)(3)) Cincinnati, OH
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides equitable access to food, education, and healthy living for all Cincinnati residents.
Leadership
Matt Kittell · Executive Director · $55K
Money in and out
$832K revenue, $411K expenses
Bottom line
55% program efficiency

Provides equitable access to food, education, and healthy living for all Cincinnati residents. For fiscal year 2024 it reported $832K in revenue, $411K in expenses, and $758K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$832K
Pt VIII · Ln 12
Total expenses
$411K
Pt IX · Ln 25
Net assets
$758K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $421K
Where spending went · Part IX cols B–D
Program services $0.55 Management & general $0.36 Fundraising $0.09
Program efficiency
55%
of spending reaches programs▼ -20% vs prior filing year
Operating runway
30.1mo
months of highly liquid reserves at operating expense rate▲ +117% vs prior filing year
Surplus margin
+51%
revenue over expenses, this year▲ +26% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$832K
FY2024▲ +57%
Expenses
$411K
FY2024▲ +30%
Total assets
$758K
FY2024▲ +125%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$832K
Pt VIII · Ln 12
Total expenses
$411K
Pt IX · Ln 25
Net assets
$758K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$421K
Total assetsPt X · Ln 16$758K
Program-expense ratioPt IX · col B55%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $211K of program spending, described in the organization's own filed words · FY2024.
01

Hubbard's Cupboard

A partnership between Crayons to Computers and the Sam Hubbard Foundation, Hubbard's Cupboards allows underserved students to access the supplies and healthy snacks they need "just in time." If a student's backpack rips in the middle of the school year or a child needs a healthy snack to carry them from lunch to soccer practice, the…

$163Kprogram expense
02

Thanksgiving Give Back

With fighting food insecurity still the forefront of our mission, the Sam Hubbard Foundation partnered with The Christ Hospital Health Network on Tuesday, November 26th to distribute 400 Thanksgiving meals to families in need.

$34Kprogram expense
03

Shop with Sam

On Tuesday, December 3rd the Sam Hubbard Foundation hosted twenty-five students from the Boys and Girls Club of Greater Cincinnati to a private event at King Arthur's Court toy store. The children were treated to a pre-shopping pizza party and activity in the store's private play room.

$14Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSam Hubbard Foundation
EINHdr · item D84-4402521
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jwww.samhubbardfoundation.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFMar 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$55,000Pt VII · Sec A
Director of Finance
$19,817Pt VII · Sec A
Director/President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Matt Kittell’s $55K as Executive Director is at the 45th percentile of top reported officer pay among 1985 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022
Matt Kittell$55,000$51,669$21,975
Lindsay Reisert$43,426
Shawn Pflanz$19,817

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$869K · 105%
Investment income$20K · 2%
Contributions & grants105%$869K
Investment income2%$20K
Total revenueLn 12$832K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.55 Management & general $0.36 Fundraising $0.09
Program services55%$226K
Management & general36%$149K
Fundraising9%$36K
Total functional expensesLn 25$411K

Balance Sheet

Part X · end of year
CashLn 1$114K
Total assetsLn 16$758K
Total liabilitiesLn 26$0
Total net assetsLn 32$758K
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $717K · Operating expenses (Pt IX) $411K · Less non-cash grants $125K · Cash operating expenses/yr $285K
30.1 months
Where the money goes
Program services
Program services $226K · Total expenses $411K
55%
Management & General
Management & general $149K · Total expenses $411K
36%
Fundraising
Fundraising $36K · Total expenses $411K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $23K · Solicited contributions (3-yr avg) $568K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $869K · Total revenue $832K
105%
Government reliance
Government grants — · Total revenue $832K
Earned-income share
Program service revenue $0 · Total revenue $832K
0%
Investment reliance
Investment income $20K · Total revenue $832K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $411K
0%
Growth & trend
Revenue growth (YoY)
This year $832K · Prior year $531K
+57%
Net-asset trend (YoY)
End of year $758K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $832K · Expenses $411K
+51%
Liabilities-to-Assets
Total liabilities — · Total assets $758K
Net-asset ratio
Net assets $758K · Total assets $758K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $603K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $758K
80%
People & payroll
Highest Reported Total Compensation
Individual Matt Kittell · Reported title Executive Director · Highest reported compensation $55K · Total expenses $411K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $75K · Total expenses $411K
18%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 55%
Overhead ratio 36%
Fundraising cost ratio 4%
Revenue growth 57%
Legal fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$30K
Grants paid · 6 grants · $212K · 2022–2024
Crayons and Beyond INCOH · FY2024$91,967
Crayons and Beyond INCOH · FY2023$83,825
Unitemized GrantFY2022$15,000
Freestore-Foodbank INCOH · FY2022$10,000
Unitemized GrantFY2022$7,500
Unitemized GrantFY2022$3,923

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$832K revenue · viewing · ⤓ 990 PDF
FY2023$531K revenue · ⤓ 990 PDF
FY2022$285K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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