HRI FOUNDATION

EIN: 472684707 501(c)(3) Arts, Culture & Humanities

SAN ANTONIO, TX

Total Revenue
$20,918
Total Expenses
$12,580
Total Assets
$551,304
Net Assets
$551,304
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TX
Principal Officer
WILLIAM S HARTE
Phone
2108281505
Tax Period
2024-07-01 to 2025-06-30

HRI FOUNDATION, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $21K in total revenue in fiscal year 2024. Revenue fell 74% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $8K, a strong 40% operating margin.

Mission

THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES (WHICH SHALL BE DEEMED TO INCLUDE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES, OR THE PREVENTION OF CRUELTY TO CHILDREN OR ANIMALS, WITHIN THE MEANING OF THOSES TERMS USED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUESNT FEDERAL TAX LAW AND UNDER THE LAWS OF THE STATE OF TEXAS, INCLUDING BUT NOT LIMITED TO PROVIDING SUPPORT AND GRANTS TO HARTE RESEARCH INSTITUTE FOUNDATION AT TEXAS A&M UNIVERSITY - CORPUS CHRISTI FOR ANY SUCH CHARITABLE PURPOSE; AND, SUBJECT TO SUCH LIMITATIONS AND CONDITIONS AS ARE OR MAY BE PRESCRIBED BY LAW, TO EXERCISE SUCH OTHER POWERS WHICH NOW OR HEREAFTER MAY BE CONFERRED BY LAW UPON A CORPORATION ORGANIZED FOR THE PURPOSES HEREINABOVE SET FORTH, OR NECESSARY OR INCINDENTAL TO THE POWERS SO CONFERRED, OR CONDUCTIVE TO THE ATTAINMENT OF THE ABOVE-STATED PURPOSES OF THE CORPORATION.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,000
Program Service Revenue $0
Investment Income $12,770
Other Revenue $4,148
TOTAL REVENUE $20,918

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $12,580
TOTAL EXPENSES $12,580

Year-over-Year Comparison

2024 2023 Change
Revenue $20,918 $78,978 -0.7%
Expenses $12,580 $86,313 -0.9%
Net Income $8,338 $-7,335 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM S HARTE PRES/SEC/DIR 1.00
Officer Director
$0 $0 $0
DAVID L SINAK TREASURER/DI 1.00
Officer Director
$0 $0 $0
LUCIE HARTE DIRECTOR 1.00
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 $20,918 $12,580 $551,304 $8,338
2024 $78,978 $86,313 $542,966 $-7,335
2023 $197,471 $136,120 $550,301 $61,351
2022 $70,299 $79,400 $488,950 $-9,101
2021 $16,881 $45,995 $498,051 $-29,114
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