The Hormel Foundation (EIN 410694716) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Phone

5074379800

Tax Period

2024-12-01 to 2025-11-30

The Hormel Foundation, founded in 1941, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $40.1M in total revenue in fiscal year 2024. Expenses of $37.9M left a modest 5% surplus.

Mission

To serve as a charitable organization to benefit the Austin community and as a trustee to various family trusts.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,200

Program Service Revenue $0

Investment Income $38,527,374

Other Revenue $1,550,067

TOTAL REVENUE $40,078,641

Expense Breakdown

Grants Paid $36,866,954

Salaries & Benefits $680,056

Fundraising Expenses $0

Program Expenses $37,029,749

Other Expenses $384,749

TOTAL EXPENSES $37,931,759

Year-over-Year Comparison

	2024	2023	Change
Revenue	$40,078,641	$40,768,849	0.0%
Expenses	$37,931,759	$33,637,788	+0.1%
Net Income	$2,146,882	$7,131,061	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$235,002

Total Directors

$1,877,540

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
M R Ciota	Director	N/A		$10,200	$115,559	$954,359
R R Clarke	Director	001.00	Director	$10,350	$58,616	$435,425
K L Linaker	Director	001.00	Director	$12,775	$46,740	$307,789
J M Page	Director	001.00	Director	$14,975	$50,150	$256,631
S S Dankert	Secretary/Treasurer	040.00	Officer	$208,230	$6,247	$214,477
T J Dankert	Director	001.00	Director	$17,500	$35,677	$205,206
R R Pavek	Director	001.00	Director	$13,825	$33,650	$194,146
D B Baker	Director	001.00	Director	$19,275	$5,980	$141,084
S Y Salas-Ramirez	Director	001.00	Director	$12,875	$0	$107,470
M S Lanke	Director	001.00	Director	$13,825	$2,489	$105,038
R G Gentzler	Treasurer	N/A		$78,817	$0	$78,817
J A Woodard	Director	001.00	Director	$0	$21,746	$49,251
B B Rietz	Director	N/A		$46,917	$0	$46,917
S T Rizzi Jr	Acting Chair	005.00	Officer Director	$20,525	$0	$20,525
R J Kramer	Director	001.00	Director	$15,500	$0	$15,500
M M King	Director	001.00	Director	$14,350	$0	$14,350
N C Jandragholica	Director	001.00	Director	$12,875	$0	$12,875
J W Erichson	Director	001.00	Director	$12,250	$0	$12,250
J M Ettinger	Director/Prior Chair	005.00	Officer Director	$0	$0	$0
J P Snee	Director	001.00	Director	$0	$0	$0
D S Aakre	Director	001.00	Director	$0	$0	$0
J Hernandez	Director	001.00	Director	$0	$0	$0
J E Poppe	Director	001.00	Director	$0	$0	$0
T R Ruzek	Director	001.00	Director	$0	$0	$0
JN Sheehan	Acting Vice Chair	005.00	Officer Director	$0	$0	$0
P Varkey	Director	001.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$40,078,641	$37,931,759	$911,683,026	$2,146,882
2024	$40,768,849	$33,637,788	$1,163,741,723	$7,131,061
2023	$37,415,875	$29,418,311	$1,069,654,211	$7,997,564
2022	$34,366,937	$28,627,138	$1,540,722,314	$5,739,799
2021	$93,848,142	$32,074,053	$1,383,157,373	$61,774,089
2020	$29,596,789	$18,582,274	$1,460,095,517	$11,014,515

The Hormel Foundation