Michael Hoefflin Foundation EIN 95-4565741

Michael Hoefflin Foundation

EIN  95-4565741 Public charity (501(c)(3)) Valencia, CA
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Michael Hoefflin Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Provides financial and emotional support to children with cancer and funds research.
Leadership
Bob Jenner · Director
Money in and out
$297K revenue, $264K expenses
Bottom line
76% program efficiency

Provides financial and emotional support to children with cancer and funds research. For fiscal year 2024 it reported $297K in revenue, $264K in expenses, and $730K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$297K
Pt VIII · Ln 12
Total expenses
$264K
Pt IX · Ln 25
Net assets
$730K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $33K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.17 Fundraising $0.07
Program efficiency
76%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
32.5mo
months of highly liquid reserves at operating expense rate▼ -11% vs prior filing year
Surplus margin
+11%
revenue over expenses, this year▼ -24% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$297K
FY2024▲ +13%
Expenses
$264K
FY2024▲ +18%
Total assets
$736K
FY2024▲ +4%
Total liabilities
$5K
FY2024▼ -35%
Total revenue
$297K
Pt VIII · Ln 12
Total expenses
$264K
Pt IX · Ln 25
Net assets
$730K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$33K
Total assetsPt X · Ln 16$736K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

3 program services account for $196K of program spending, described in the organization's own filed words · FY2024.
01

The foundation provided direct support to young cancer patients and their families through its child patient and family suport programs, including counseling services, food and gas cards, financial assistance,and other forms of direct support. (approximately 50 families benefited). The foundation has approximately 474 activr families.

$177Kprogram expense
02

The foundation provides financial as well as emotional support for families whose children have been part of the foundation's programs and who have passed away due to their cancer. Each family receives $2,500 to help with medical expenses, funeral costs, or to cover other expenses which have been incurred. (5 families benefited)

$13Kprogram expense
03

The foundation,through its activities,publications, and social media, increases awareness of pediatric cancer in the communities of the santa clarita valley and the four other surrounding valleys. The foundation also informs pediatric cancer patients, their families, and cancer survivors of support groups available to them.

$7Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMichael Hoefflin Foundation
EINHdr · item D95-4565741
Principal addressHdr · item CValencia, CA
WebsiteHdr · item Jwww.mhf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G30)
Ruling yearIRS BMFNov 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
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
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Mike Jaffe’s $6K as Inter Exec Dir is at the 3rd percentile of top reported officer pay among 901 $100K–1M diseases & disorders 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 · 2 named individuals · Part VII

NameFY2021FY2020
Mike Jaffe$6,250$54,688
Gillian Stone$15,316

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.

See Michael Hoefflin Foundation executive salaries →

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

Statement of Revenue

Part VIII
Other revenue$150K · 50%
Contributions & grants$128K · 43%
Investment income$20K · 7%
Other revenue50%$150K
Contributions & grants43%$128K
Investment income7%$20K
Total revenueLn 12$297K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.17 Fundraising $0.07
Program services76%$202K
Management & general17%$44K
Fundraising7%$19K
Total functional expensesLn 25$264K

Balance Sheet

Part X · end of year
CashLn 1$715K
Total assetsLn 16$736K
Total liabilitiesLn 26$5K
Total net assetsLn 32$730K
Months of cash on handcomputed32.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $715K · Operating expenses/yr $264K
32.5 months
Where the money goes
Program services
Program services $202K · Total expenses $264K
76%
Management & General
Management & general $44K · Total expenses $264K
17%
Fundraising
Fundraising $19K · Total expenses $264K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $20K · Solicited contributions (3-yr avg) $214K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $128K · Total revenue $297K
43%
Government reliance
Government grants — · Total revenue $297K
Earned-income share
Program service revenue $0 · Total revenue $297K
0%
Investment reliance
Investment income $20K · Total revenue $297K
+7%
Program self-sufficiency
Program service revenue $0 · Total expenses $264K
0%
Growth & trend
Revenue growth (YoY)
This year $297K · Prior year $263K
+13%
Revenue CAGR
FY2020 $300K · FY2024 $297K
-0.3%
Net-asset trend (YoY)
End of year $730K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $297K · Expenses $264K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $736K
Net-asset ratio
Net assets $730K · Total assets $736K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $736K
0%
People & payroll
Highest Reported Total Compensation
Individual Bob Jenner · Reported title Director · Highest reported compensation $0 · Total expenses $264K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $78K · Total expenses $264K
30%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 17%
Fundraising cost ratio 15%
Revenue growth 13%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.8%
Fundraising 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 · FY2024
See all 5 funders →
Grants paid · 10 grants · $66K · 2020–2024
Unitemized GrantFY2024$13,000
Unitemized GrantFY2024$5,500
Unitemized GrantFY2023$5,000
Unitemized GrantFY2023$2,500
Unitemized GrantFY2022$7,500
Unitemized GrantFY2022$2,000
Unitemized GrantFY2021$12,500
Unitemized GrantFY2021$2,000
Unitemized GrantFY2020$12,500
Unitemized GrantFY2020$4,000

Similar Organizations

Closest in mission — by what they do
See all organizations like Michael Hoefflin Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$297K revenue · viewing · ⤓ 990 PDF
FY2023$263K revenue · ⤓ 990 PDF
FY2022$304K revenue · ⤓ 990 PDF
FY2021$310K revenue · ⤓ 990 PDF
FY2020$300K revenue · ⤓ 990 PDF

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

Sources

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

Pay it forward
Keep 990 Scout free for the next person.

Better charities, better world. There is no paywall here and nothing to unlock: what you pay covers the next person's lookup.

Card, Apple Pay or Google Pay through Stripe. One time.