Civic Intelligence

Hugin Family Foundation Inc.

EIN 03-0374762 • Summit, NJ

Pub. 78 EligibleNTEE T20
19 Essex RdSummit, NJ 07901
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T20 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T20 • $10M-$25M nonprofits • Source year 2023

Net Margin

9th percentile

-127%

Higher net margin than 9% of similar nonprofits.

NTEE T20 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

NTEE T20 • $10M-$25M nonprofits • Source year 2024

Asset Growth

10th percentile

-5.7%

Faster asset growth than 10% of similar nonprofits.

NTEE T20 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

180%

Faster revenue growth than 79% of similar nonprofits.

NTEE T20 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets79th percentile

Using 2023 Form 990PF data because the latest 2024 filing does not report standard financial totals.

Assets

Down

$17,371,200

Down $1,043,456 (-5.7%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$17,371,200

Down $1,043,456 (-5.7%) from 2022

Operations
Liabilities / Revenue79th percentileNet Margin9th percentile

Revenue

Up

$1,607,097

Up $1,032,129 (+180%) from 2022

Expenses

Up

$3,653,918

Up $1,471,206 (+67%) from 2022

Net Income

Down

-$2,046,821

Down $439,077 (-27%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $3,525,307Liabilities 2011: $02011Assets 2012: $1,876,252Liabilities 2012: $02012Assets 2013: $2,769,269Liabilities 2013: $02013Assets 2014: $2,693,377Liabilities 2014: $02014Assets 2015: $3,201,393Liabilities 2015: $02015Assets 2018: $3,447,946Liabilities 2018: $02018Assets 2019: $21,151,415Liabilities 2019: $02019Assets 2020: $20,123,646Liabilities 2020: $0Net Assets 2020: $20,123,6462020Assets 2021: $19,063,901Liabilities 2021: $0Net Assets 2021: $19,063,9012021Assets 2022: $18,414,656Liabilities 2022: $0Net Assets 2022: $18,414,6562022Assets 2023: $17,371,200Liabilities 2023: $0Net Assets 2023: $17,371,2002023

Latest loaded filing

2023

Assets$17,371,200
Liabilities$0
Net Assets$17,371,200
Open 2023 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MRevenue 2011: $1,198,390Expenses 2011: $3,259,240Net Income 2011: -$2,060,8502011Revenue 2012: $591,420Expenses 2012: $2,344,695Net Income 2012: -$1,753,2752012Revenue 2013: $6,140,627Expenses 2013: $2,273,329Net Income 2013: $3,867,2982013Revenue 2014: $4,805,069Expenses 2014: $4,258,630Net Income 2014: $546,4392014Revenue 2015: $4,822,071Expenses 2015: $1,419,968Net Income 2015: $3,402,1032015Revenue 2018: $48,711Expenses 2018: $636,962Net Income 2018: -$588,2512018Revenue 2019: $30,724,708Expenses 2019: $3,125,240Net Income 2019: $27,599,4682019Revenue 2020: $2,153,422Expenses 2020: $3,073,615Net Income 2020: -$920,1932020Revenue 2021: $1,802,467Expenses 2021: $664,150Net Income 2021: $1,138,3172021Revenue 2022: $574,968Expenses 2022: $2,182,712Net Income 2022: -$1,607,7442022Revenue 2023: $1,607,097Expenses 2023: $3,653,918Net Income 2023: -$2,046,8212023

Latest loaded filing

2023

Revenue$1,607,097
Expenses$3,653,918
Net Income-$2,046,821
Open 2023 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.
2023Detailed filing. Detailed filing data is available for this year.$17.4$0.00$17.4$1.61$3.65$2.05
2022Detailed filing. Detailed filing data is available for this year.$18.4$0.00$18.4$0.57$2.18$1.61
2021Detailed filing. Detailed filing data is available for this year.$19.1$0.00$19.1$1.80$0.66$1.14
2020Detailed filing. Detailed filing data is available for this year.$20.1$0.00$20.1$2.15$3.07$0.92
2019Summary only. Only limited summary data is available for this year.$21.2$0.00$30.7$3.13$27.6
2018Summary only. Only limited summary data is available for this year.$3.45$0.00$0.05$0.64$0.59
2015Summary only. Only limited summary data is available for this year.$3.20$0.00$4.82$1.42$3.40
2014Summary only. Only limited summary data is available for this year.$2.69$0.00$4.81$4.26$0.55
2013Summary only. Only limited summary data is available for this year.$2.77$0.00$6.14$2.27$3.87
2012Summary only. Only limited summary data is available for this year.$1.88$0.00$0.59$2.34$1.75
2011Summary only. Only limited summary data is available for this year.$3.53$0.00$1.20$3.26$2.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 15, 2026
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT J HUGINPresident-$0--
KATHLEEN HUGINVice President-$0--
HILARY HUGINTreasurer-$0--
ROBERT B HUGINTrustee-$0--
JOHN HUGINTrustee-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantFamily PromiseGeneral SupportPCSummit, NJ, US$257,950
Paid GrantDonors Trust IncGeneral SupportPCAlexandria, VA, US$100,000
Paid GrantMarine Corps University FoundationGeneral SupportPCQuantico, VA, US$60,383
Paid GrantPrinceton UniversityGeneral SupportPCPrinceton, NJ, US$58,142
Paid GrantBay Head Yacht Club FoundationGeneral SupportPCBay Head, NJ, US$50,000
Paid GrantUnited Methodist Church of SummitGeneral SupportPCSummit, NJ, US$50,000
Paid GrantAmerican Enterprise InstituteGeneral SupportPCWashington, DC, US$48,452
Paid GrantGarden State InitiativeGeneral SupportPCMorristown, NJ, US$40,000
Paid GrantJICSL - John's Island Community Service LeagueGeneral SupportPCVero Beach, FL, US$10,000
Paid GrantThe Scholarship for Inner City ChildrenGeneral SupportPCNewark, NJ, US$10,000
Paid GrantECD Veterans CommitteeGeneral SupportPCTrenton, NJ, US$7,500
Paid GrantFamily Promise of Union County NJGeneral SupportPCElizabeth, NJ, US$5,000
Paid GrantBob Woodruff FoundationGeneral SupportPCLong Island City, NY, US$1,000
Paid GrantPoint Boro First Aid SquadGeneral SupportPCPoint Pleasant, NJ, US$250
Paid GrantMantoloking Fire Co No 1General SupportPCMantoloking, NJ, US$150
Paid GrantPrinceton Class of 1976General SupportPCPrinceton, NJ, US$50
Filing and Contact Details

Filer

Filer Name
Hugin Family Foundation Inc
EIN
03-0374762
In Care Of
% ROBERT J HUGIN
Phone
9082738610
Address
19 ESSEX RD, SUMMIT, NJ 07901

Signing Officer

Name
Robert J Hugin
Title
President
Phone
9082738610
Signed
2026-04-15
Discuss with paid preparer
Yes

Preparer

Firm
WithumSmithBrown PC
Address
200 Jefferson Park Suite 400, Whippany, NJ 07981-1070
Preparer
Israel Tannenbaum
Phone
9738989494
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