HULL FOUNDATION AND LEARNING CENTER INC

EIN: 936032742 501(c)(3) Diseases & Disorders

SANDY, OR

Total Revenue
$231,509
Total Expenses
$406,939
Total Assets
$2,340,268
Net Assets
$2,331,415
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
OR
Principal Officer
MONICA BUTLER
Phone
5036686195
Tax Period
2024-01-01 to 2024-12-31

HULL FOUNDATION AND LEARNING CENTER INC, founded in 1962, is a small nonprofit in the Diseases & Disorders sector that reported $232K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $407K exceeded revenue, resulting in a 76% operating deficit.

Mission

TO PROVIDE FACILITIES, PROGRAMS, AND SERVICES, INCLUDING SOCIAL, EDUCATIONAL, AND RECREATIONAL ACTIVITIES FOR PEOPLE WHO ARE VISUALLY IMPAIRED. OUR GOALS INCLUDE IMPROVING THE LIVES, KNOWLEDGE, AND INDEPENDENCE OF THOSE WHO ARE BLIND OR HAVE SIGNIFICANT LOW VISION.

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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 $136,672
Program Service Revenue $46,243
Investment Income $13,630
Other Revenue $34,964
TOTAL REVENUE $231,509

Expense Breakdown

Grants Paid $0
Salaries & Benefits $223,747
Fundraising Expenses $14,139
Program Expenses $258,542
Other Expenses $183,192
TOTAL EXPENSES $406,939

Year-over-Year Comparison

2024 2023 Change
Revenue $231,509 $303,753 -0.2%
Expenses $406,939 $389,467 +0.0%
Net Income $-175,430 $-85,714 +1.0%
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
10
Independent Members
10
Employees
32
Volunteers
30

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
5
$52,500
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONICA BUTLER EXECUTIVE DI 40.00
Officer
$52,500 $0 $52,500
CHRISTOPHER BOTCHEOS VICE PRESIDE N/A
Officer Director
$0 $0 $0
NATHAN BRANNON BOARD MEMBER N/A
Director
$0 $0 $0
TOM CIESIELSKI BOARD MEMBER N/A
Director
$0 $0 $0
DON JAGEMAN TREASURER N/A
Officer Director
$0 $0 $0
ANTHONY LEWIS PRESIDENT N/A
Officer Director
$0 $0 $0
JEANNEMARIE MOORE BOARD MEMBER N/A
Director
$0 $0 $0
MURIEL PAGEL REP. BOARD M N/A
Director
$0 $0 $0
MARY LEE TURNER BOARD MEMBER N/A
Director
$0 $0 $0
KERITH VANCE SECRETARY N/A
Officer 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
2024 $231,509 $406,939 $2,340,268 $-175,430
2023 $339,387 $375,286 $2,460,326 $-35,899
2023 $303,753 $389,467 $2,404,855 $-85,714
2022 $327,089 $385,676 $1,951,020 $-58,587
2021 $360,153 $412,336 $2,090,432 $-52,183
2020 $485,706 $309,106 $2,131,938 $176,600
2019 $494,696 $460,645 $1,963,613 $34,051
2018 $320,276 $536,505 $1,929,191 $-216,229
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